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.
You May Also Like - How To Save Car During Monsoon
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:
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.
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.
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.
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.
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.
If you purchase engine protection cover under your car insurance policy, it will protect you from any expenses arising out of the following:
You May Also Like: What is No Claim Bonus in Car Insurance?
Even the best add-on cover does not cover certain repair or replacement costs. Take a look at exclusions under the engine protection cover:
You May Also Like - Benefits of Zero Depreciation car insurance policy?
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:
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.
29 Nov 2023Considering the population of rats in our country, it is common to
29 Sep 2023The concept of Own Damage(OD) is not a new one. For those of us
29 Sep 2023Filing a motor insurance claim can be a complex process, and
29 Sep 2023To continue receiving coverage benefits, it's necessary to renew
20 Sep 2023Having third-party car insurance is mandatory as per the motor