Benefits of Engine Protection Cover in Car Insurance Policy

Significance of Engine Protection Add-on Cover

The car's engine is one of the expensive parts of a car, and repairing or replacing it might burn a hole in your pocket. Probably, if you are considering the cost of repairing or replacement of damaged car’s engine is covered under your basic car insurance policy, unfortunately, that won't be possible.

The engine protection add-on cover is an add-on cover offered with your motor insurance policy that covers all the losses or damages to the engine of the insured car. It provides coverage for the cost of repairing or replacing your car’s engine or/and its parts under your car insurance policy by paying an additional premium cost.

It enables you to get financial aid from your insurer in case your car’s engine or its parts have been damaged in a case other than accidental damages.

For instance- during monsoon season, the poor drainage system has led to water logging in your area. As a result, the rainwater accumulated in your area might enter the car's engine causing damage. In such a situation, the engine protection add-on cover can be beneficial as it will cover the cost of damages sustained by your car's engine in your motor insurance policy.

In short, engine protection cover provides financial protection for any damages to the car’s engine or/and its parts arising out of incidents of water ingression, leakage of lubricant oil, damage to the hydrostatic lock, damages to the engine parts, such as the gearbox, crankshaft, cylinder, connecting rods, pistons, etc.

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5 Benefits of Engine Protection Add-on Cover for Your Car

Engine protection cover in your car insurance policy is one of the most significant add-on covers for car owners. Here are five benefits of buying engine protection cover under your car insurance policy:

1. Provides Financial Assistance

   If you have a basic motor insurance policy, it will be of no help in case the car's engine gets damaged. But if you buy an engine protection add-on cover, the cost of repairing the damages to the engine or its parts other will be taken care of by your insurer.

2. Pays for the Most Expensive Car Part

   The engine is the most expensive part of a car. Therefore, replacing or repairing the engine or any engine parts can cost you a lot. But with an engine protection cover, you don’t have to worry about how much money will it cost to get your car’s engine repaired or replaced.

3. Enhance Longevity of the Car

   As the engine is the soul of the car, so proper functioning of the car’s engine is crucial to enhance its longevity. If the engine is damaged and you are unable to repair it timely, it can hamper the functioning of your car. However, an engine protection cover will make sure to pay for the repair of your car’s engine, making sure that it functions smoothly for years to come.

4. Acts as the Financial Aid for New Car Owners

   If you have recently purchased a new car, any unfortunate damages to the vehicle’s engine due to water ingression can burn a big hole in your pocket. Also, repairing the engine parts of a new car is expensive. But if you have purchased an engine protection cover with your motor insurance policy, the cost will be covered no matter how expensive it is.

5. Ideal for Car Owners Living in Flood-Prone Areas

   People residing in low-lying areas prone to floods or water-logging often find their car’s engine damaged due to water ingression. The engine protection cover will ensure the cost of repairing the car's engine due to water logging is covered.

What Is Covered Under Engine Protection Cover?

If you purchase engine protection cover under your car insurance policy, it will protect you from any expenses arising out of the following:

• Damage to Insured Car’s Engine -It covers the cost of repairing or replacing the insured car’s engine or its parts, such as crankshaft, connecting rods, etc.
• Damage to Gearbox -It provides coverage for the cost of repairing or replacing the gearbox of the insured car.
• Water Ingression -It covers any loss or damages caused to the insured car’s engine in case water has entered the car's engine, especially during the monsoon season.
• Leakage of Lubricant Oil -It provides coverage for the repair costs arising out of leakage of lubricant oil from the engine of the car.
• Damage to Hydrostatic Lock -It covers any loss or damage caused to the hydrostatic lock of the insured car in case an attempt to start the four-wheeler was made while the engine was wet.
• Damage to Undercarriage - It provides financial protection for any damages caused to the undercarriage.
• Cost of Consumables -It covers the expenses incurred on consumables used in the insured car during the engine repair work. Such consumables include lubricant oil, nuts & bolts, coolants, etc.
• Labour Cost -It provides coverage for the labour costs incurred to carry out the repair or replacement work on the insured car’s engine or its parts.

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What Is Not Covered Under Engine Protection Cover?

Even the best add-on cover does not cover certain repair or replacement costs. Take a look at exclusions under the engine protection cover:

• Consequential Damages-It does not cover any consequential damages caused to the insured car's engine. For example, if you drive your car despite water logging, the damages sustained by your car will be considered consequential and hence, will not be covered.
• Force Starting the Engine-It does not cover any damages caused to the car’s engine if you try to force start the engine of a submerged insured car.
• Regular Wear and Tear-It does not cover the cost of repairing the damages to the insured car’s engine arising out of regular wear and tear.
• Damages Covered by Manufacturer-It does not cover any engine damages that are covered under the warranty provided by the car manufacturer.
• No Water Inundation-It does not cover the engine repair or replacement costs in case water inundation is not proved as part of water ingression cover.

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Things to Keep in Mind When Buying Engine Protection Cover

The engine protection cover comes with certain terms and conditions that apply to car owners who buy this add-on cover. Take a look at the things that you must keep in mind if you are considering buying the engine protection cover:

1. The engine protection add-on cover is not available for cars that are older than five years.
2. This cover can only be purchased by people with comprehensive or own damage car insurance policies. The add-on cover is not available under third-party liability cover.
3. Since it is an add-on cover, a car owner needs to purchase the engine protection cover by paying an additional insurance premium.
4. Most motor insurance companies allow car owners to make up to two claims under their engine protection cover. Therefore, read the policy wordings carefully before buying the engine protection add-on cover.

Final Words

A car cannot function smoothly without its engine. Therefore, the engine protection cover is considered one of the most crucial of all add-on covers. Hence, if your car is not older than five years and you reside in areas that are prone to water-logging, then buying engine protection would be one of the smartest investments that you can make for the well-being of your car.