In today’s world, a car is no longer just a luxury—it’s often a necessity. This makes car insurance an essential safeguard against accidents, theft, or natural calamities. However, many policyholders make the mistake of choosing a policy solely based on the lowest premium, only to realize later that they are underprotected. To ensure you get the maximum benefit from your car insurance, consider including the following five add-ons:
1. zero Depreciation Cover
Standard insurance policies deduct a depreciation amount from your claim for parts replacement. Zero depreciation cover ensures that your insurer pays the full cost of replaced parts without factoring in depreciation, giving you better financial protection.
2. Engine and Gearbox Protection
Accidents or water damage can severely affect your car’s engine or gearbox. Adding this cover means repairs or replacements of engine and gearbox components are included, which is often excluded in basic policies.
3. Roadside Assistance
Breakdowns, flat tires, or minor accidents can leave you stranded. Roadside assistance add-ons provide help such as towing, battery jump-starts, and emergency repairs, offering convenience and peace of mind.
4. Return to Invoice Cover
Cars depreciate quickly, and in case of total loss, standard insurance may pay only the current market value. Return to invoice cover ensures you receive the original invoice value of your car, including registration fees and taxes, giving you full replacement value.
5. Personal accident Cover for Passengers
While basic policies include driver coverage, passengers are often excluded. Adding personal accident cover for passengers ensures that all occupants are financially protected in the event of injury or accident-related death.
Bonus Tip: Evaluate Your Needs
Not all add-ons are necessary for everyone. Assess your car’s age, usage, and risk factors before choosing add-ons. Selecting relevant covers ensures maximum protection without overpaying.
Conclusion
Car insurance is more than a legal requirement—it is a financial shield against unforeseen events. By including these five essential add-ons, you can make sure your premium delivers real value, protecting both your car and your wallet.
Disclaimer:
The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk.
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