Add-ons included in car insurance.Image Credit source: DALL.E AI/Mohd Jishan/TV9
It is very important to have car insurance in India. If you have not insured the car then the traffic police can issue a challan. If there is any damage to the car, the insurance company compensates for this loss. Coverage is available in case the car meets with an accident or is stolen. But there are many things for which claim cannot be received. In such cases, add-ons come in handy. While buying car insurance, you can add add-ons to the policy as per your need.
Suppose your tire gets damaged, it will cost several thousand rupees to replace it. The insurance company gives claim only for tires damaged in road accidents. Now, if the tires get damaged under normal circumstances, you will have to compensate for the loss. But car insurance You can avoid tire damage by purchasing add-ons. Learn how here.
Tire Protection: You will get money in case of tire damage
If your tires are damaged or need replacement, a normal insurance policy will not cover you. You can claim under insurance only if the tire is damaged in an accident. You can buy add-ons for this. By taking tire protection add-on while taking car insurance, you can save yourself from many problems.
The insurance company compensates for the loss in case of tire damage or theft. If there is a need to install new tires in the car, then it is not you who bears this expense but the insurance company.
NCB Protection: Benefit on No Claim Bonus
No Claim Bonus Protection cover protects the car owner from NCB, even if he has taken a claim. This add-on keeps NCB active even if the car owner has made a claim in the previous policy year. Whether the car owner has taken a claim or not, the insurance premium can be reduced through NCB.
Loss of Personal Belonging: Compensation for lost and stolen goods
This add-on cover comes in handy in case of loss or theft of your personal belongings. If you have this add-on, you will get compensation for items stolen or missing from the car. Even if there is any damage to your personal belongings in the car, the insurance company will compensate. If there is any kind of damage to the smartphone, laptop or any other personal item in the car, then the insurance company will pay you the money.