Important add on you must have in your car insurance policy

A good auto insurance policy will assist cover the costs of repairs and damages if an accident occurs. Because the standard all-inclusive policy does not automatically cover everything, supplemental policies are always necessary. You can pay a few thousand dollars more for the optional add-on in addition to your primary coverage.

Zero depreciation cover

Popular add-on: bumper-to-bumper insurance. This additional insurance is available for any car. Zero depreciation cover is critical for calculating compensation or claim settlement. Auto insurance deducts the vehicle's depreciated value as of the settlement date when settling claims or reimbursing expenditures. No insurer will cover the entire claim. Depreciation is ignored if you acquire this insurance. This extra protection is recommended for 5-year-old autos.The following are some of the Bajaj Allianz car insurance add-on that can be purchased:

No-claim bonus (NCB)

If policyholders spend a year without filing a claim, insurers provide a no-claim incentive. If you've ever claimed, the NCB won't apply. The NCB discount can be used for 5 years at renewal time. NCB protection ensures your discount won't expire and can be utilised in future years.

Roadside assistance cover

If your car breaks down, you'll need aid immediately, city or highway. This additional insurance can be a lifeline in rural areas where locating a trained technician is difficult. Just call the insurance company and explain. The insurance provider will arrange towing or garage service if the vehicle's engine stops running. Some insurers include this in their regular plans; otherwise, it's an optional rider.

Engine assistance cover

The engine is the car's "heart," and even little damage or improper maintenance can have far-reaching consequences. To fix it would cost at least half as much as the car itself, which is a lot to pay out of pocket if you're already struggling to make ends meet. Having this optional cover, which offers comprehensive protection for the engine, is a comfort and a safety. It protects against things like oil leaks in the engine, hydraulic lock in the transmission, and water intrusion in the gearbox.

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