Insurance is like a spare tyre. You may not require it, but not having one is not an option.

9 Surprising Things Covered By Auto Insurance

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When you think about surprises surrounding your car’s insurance policy, you may imagine mishandled insurance claims or unfair premium rates. However, you should understand that car insurance can present you with sweet surprises as well! Since there are so many features offered by car insurance companies under their plans, it is quite probable that you never knew some of these exciting ones existed!

Here, we have listed these factors in a reverse order so that it piques your curiosity like a countdown would do:

9. Coverage for in-transit damages - It is understood that a comprehensive car insurance plan offers you insurance protection against accidents, theft, and vandalism. You should know that such a plan also protects the vehicle from natural calamities like lightning, floods, hurricanes and the like. Another surprising offering under car insurance is the protection from damages while the vehicle was being transported from one place to another.

8. 24/7 Roadside Assistance cover - Some car insurance companies offer Roadside Assistance cover as part of the comprehensive car insurance policy. Others provide this as an add-on that can be bought separately and added to the policy coverage. This is a very useful cover that assists the car owner in the difficult time of a car breakdown. This also helps you if you are stranded in a lonely place with a punctured tyre. You just have to make a phone call to the insurance company and report the issue. The insurer will inform the nearest network garage from where a mechanic will be sent to assist you.

7. Personal accident cover for passengers - The comprehensive car insurance plan protects the car owner from accidental injuries or death. However, this coverage is not extended to the passengers. Most insurance providers offer an add-on cover that protects the passengers from accidental injuries or death. This can be taken if you have a family and would like to avail complete protection.

6. Online car insurance purchase - Although quite uncommon earlier, the practise of offering insurance plans for online purchase has gained momentum. Several leading insurance companies in India offer this facility today. Buying insurance online promises a hassle-free experience with limited paperwork. You also stand to gain through discounted rates on premium. Online policies are easy to maintain and can be renewed easily as well.

5. Nil depreciation cover - Also referred to as zero depreciation add-on insurance, this cover enables the car owner to receive the complete cost of car parts that are replaced after an accident. This implies that the depreciation on car parts will not be considered while the insurer pays the claim amount. This is a significant benefit, as cost of depreciation can constitute a substantial part of the payout. Hence, the zero depreciation cover is a very popular rider in car insurance.

4. Engine protect cover - Coverage for a car’s engine is not provided by a comprehensive motor insurance policy. This can be a disadvantage to people living in areas prone to waterlogging. Car insurance companies today offer the engine protect cover to overcome this issue. By opting to add this coverage to your comprehensive car insurance plan, you will receive compensation for damages to the car’s engine.

3. Garage cash benefit - Garage cash cover is a car insurance add-on plan that can enhance the coverage provided by the base policy. When your car is at a service centre for repair work, you may find it difficult to commute. In such cases, you may have to hire a taxi or use public transport. The garage cash cover enables you to get conveyance expense of Rs.500 while your vehicle is undergoing repairs. The add-on insurance provides you an allowance each day until your vehicle is repaired and handed back to you. There will, however, be an upper limit on the number of days you can receive this allowance. There are also limits on the number of claims that will be honoured under this rider.

2. Transfer No Claim Bonus (NCB) - When you sell your vehicle to another person, it is possible to retain the NCB you earned on its insurance policy. You will have to contact your car insurance provider and request for an NCB retention letter that equips you with the ability to hold on to your hard-earned NCB for up to 2 years. Within this time you will have to link it to another car insurance policy in your name. This could be the insurance of another car you own. This is a very attractive feature as you will not lose the benefit that you earned for being a careful and diligent driver.

1. Commercial car insurance - Personal versus commercial car insurance is a major grey area for many car owners. If you have a vehicle that you use only for personal purposes, you can buy a personal car insurance package for the car. Vehicles used for commercial purposes will have to be insured with a different type of policy, i.e., the commercial car insurance, that is priced higher. However, the coverage offered by this plan will be best suited for a commercial vehicle. You cannot run a commercial vehicle when it is insured with only a personal car insurance plan. This is punishable by law.

Final Word

As a car owner, you should be well aware of the coverage under your motor insurance policy, so that there are no surprises at the time of a claim. You should read through the policy documentation carefully and pay close attention to the exclusions so that you do not misunderstand those clauses.

GST Update: GST of 18% is applicable on car insurance effective from the 1st of July, 2017

Car Insurance Reviews

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  • HDFC Ergo Car Insurance
    "Need to reduce the premium"
    0.5 4.5/5 "Excellent!"
    I had a car insurance with HDFC Ergo and I felt the premium is very high hence I changed my insurance provider. The customer service is very good. There was no claim experience. The policy period is one year. It is a zero dep policy which includes bumper to bumper and RSA. It is a first party insurance.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jan 23, 2019
  • New India Car Insurance
    "Good"
    0.5 5.0/5 "Blown Away!"
    My car insurance was recently purchased with New India Assurance through online. When I logged into the online site it gives better option with multiple insurer and I felt New India Assurance is good with reasonable premium and better benefits. I have paid 13,500 rupees for a year. I got the insurance paper. The claim experience is very good.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jan 23, 2019
  • ICICI Lombard Car Insurance
    "Good Policy."
    0.5 3.0/5 "Satisfactory"
    I have bought my car insurance with ICICI Lombard for last 5 years which I'm continuing for with the same company. The claim experience was better and when i applied for the same, they have given upto 80%. Its covered with bumper to bumper facility. They have given the claim in 1 week.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 22, 2019
  • Royal Sundaram Car Insurance
    "Good policy "
    0.5 5.0/5 "Blown Away!"
    My car insurance was purchased in the year 2014 with Royal Sundaram. My dealer has recommended me about this policy. I pay the premium amount of Rs. 14000 with the coverage value of Rs. 6.27 lakhs which covered with the bumper to bumper facility.
    Was this review helpful? 0
    , ahmedabad
    Reviewed on Jan 22, 2019
  • Bajaj Allianz Car Insurance
    "Good Policy"
    0.5 3.0/5 "Satisfactory"
    I had taken this insurance policy a while back and the premium amount has been quite good and not too high. The payment method has been easy and there has not been any sort of charges, and the policy covers bumper to bumper. Their customer support has also been responsive and was helpful as well.
    Was this review helpful? 0
    , mumbai
    Reviewed on Jan 22, 2019
  • ICICI Lombard Car Insurance
    "Its Good"
    0.5 4.0/5 "Great!"
    There was no claim experience for my Tata Tiago with ICICI Lombard. I have renewed the car policy at last june, I paid the amount around Rs. 10,600 because its around 1.5 year old vehicle. I took comprehensive plan which includes loss , damage, ICICI Lombard got tie up many showroom.
    Was this review helpful? 0
    , new delhi
    Reviewed on Jan 21, 2019
  • ICICI Lombard Car Insurance
    "Best cover"
    0.5 4.0/5 "Great!"
    Very recently I took policy from Car insurance for my new Baleno car, it was done by ICICI bank, they deducted insurance fee from the loan. The loan department issued the policy copy on time. For first year its 100% coverage available its a bumper to bumper with ex showroom.
    Was this review helpful? 0
    , new delhi
    Reviewed on Jan 21, 2019
  • ICICI Lombard Car Insurance
    "Good Car Insurance policy"
    0.5 4.0/5 "Great!"
    I have selected the ICICI Lombard for my car since the dealer has given me this insurance. I have been paying the premium amount of Rs. 15000. This is not covered for the bumper to bumper facility. They have given me a IDV value of Rs, 3.10 lakhs. They are providing the good garage facility all over the city.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 21, 2019
  • United India Car Insurance
    "Yet to experience the policy"
    0.5 3.0/5 "Satisfactory"
    I have applied the claim for my car recently. I have given the car into the showroom and they have asked me to inform in the insurance company. When i visited other branch they have asked me to the home branch. They have given me a sufficient IDV value. Its covered with a bumper to bumper facility.
    Was this review helpful? 0
    , chennai
    Reviewed on Jan 21, 2019
  • ICICI Lombard Car Insurance
    "Reliable Policy"
    0.5 5.0/5 "Blown Away!"
    Purchased my car insurance through ICICI Lombard and They have given me a low premium since i have taken a loan from ICICI bank. They have given me a good IDV value. This is a bumper to bumper covered policy. They have given me a road side assistance, no claim bonus benefits.
    Was this review helpful? 0
    , chennai
    Reviewed on Jan 21, 2019
  • National Insurance Car Insurance
    "Good Insurance"
    0.5 3.0/5 "Satisfactory"
    My Honda amaze car got insured with National insurance for one year of tenure period. I think my old premium amount was around Rs.30,000. I took first party comprehensive plan it covers for loss, damage, theft. The customer support is good even the IDV is good.
    Was this review helpful? 0
    , bhubaneshwar
    Reviewed on Jan 21, 2019
  • ICICI Lombard Car Insurance
    "Competitive price"
    0.5 5.0/5 "Blown Away!"
    I have taken a car insurance from ICICI Lombard and the service is really good. I spoke wtih the customer care once for the claim. The garage people taken care of the full settlement process. The premium amount is nominal. They have given me a best claim what they can offer according to their norms.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 21, 2019
  • Royal Sundaram Car Insurance
    "Economic offering and wide accessibility"
    0.5 5.0/5 "Blown Away!"
    Because it was good comparison between other companies hence i have chosen the Royal sundaram. The premium amount is reasonable. The IDV value is good. This a comprehensive policy which covers third party insurance. They have tie up with most of the garages. They have cashless facility in most of the places.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 21, 2019
  • Royal Sundaram Car Insurance
    "Average"
    0.5 3.0/5 "Satisfactory"
    I took my car insurance with Royal Sundaram. I never contacted the customer service. It is a default insurance from the showroom. The premium is high because I go for bumper to bumper offer, road side assistance, zeo dep. It is a first party insurance and no claim. The policy period is one year.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 19, 2019
  • SBI General Car Insurance
    "Good Policy"
    0.5 4.0/5 "Great!"
    The showroom people has offered me a car insurance policy with SBI. I have made a premium amount of Rs. 22000. They have given me a coverage value of 100%. Total IDV value is 90% of the car value. I have no claim experience till now. The documentation process was done by showroom.
    Was this review helpful? 0
    , new delhi
    Reviewed on Jan 19, 2019
  • National Insurance Car Insurance
    "Smart protection with National"
    0.5 4.0/5 "Great!"
    The major factor to chose National Insurance because of the premium is economic, I took the policy for 3 years the IDV value remains the same for the whole tenure. The customer support is good on time they activated the policy. I have Tata Tiago , its around four months vehicle. Its zero depreciation comprehensive plan. I taken the policy through showroom.
    Was this review helpful? 0
    , lucknow
    Reviewed on Jan 19, 2019
  • ICICI Lombard Car Insurance
    "Satisfied with the policy"
    0.5 5.0/5 "Blown Away!"
    My car insurance is with ICICI Lombard. The customer services are good and I got the policy documents on time. The policy coverage is good and there are features of a road side assistance is there. The premium is economical too. Good overall.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 19, 2019
  • ICICI Lombard Car Insurance
    "Need to reduce the premium"
    0.5 3.0/5 "Satisfactory"
    I had a car insurance from ICICI LOMBARD which was offered by the showroom at the time of purchasing the vehicle. I felt the insurance premium is very high compared to others. I got a reminder call from the customer service at the time of renewal. It has zero dep for one year.
    Was this review helpful? 0
    , new delhi
    Reviewed on Jan 19, 2019
  • Tata AIG Car Insurance
    "Excellent"
    0.5 5.0/5 "Blown Away!"
    I took my car insurance from TATA AIG through online channel. They have given lesser premium with zero dep and it includes road side assistance. The customer service is very good. The policy period is one year. I have no claim experience. It is a first party insurance.
    Was this review helpful? 0
    , new delhi
    Reviewed on Jan 19, 2019
  • Tata AIG Car Insurance
    "Satisfied policy"
    0.5 5.0/5 "Blown Away!"
    TATA AIG is the best company to take the car insurance. Since long time i have taken this insurance. The customer care people used to call me to renew the policy and they used to policy renewal letter. I will do payment through online. Several times i have claimed the policy and i have received very good response.
    Was this review helpful? 1
    , hyderabad
    Reviewed on Jan 18, 2019
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