Car Insurance: The risk of car damage increases significantly during the rainy season. It is important to know that standard car insurance does not cover every type of damage; therefore, having the right information is crucial.

Car Insurance: With the onset of July, torrential rains have begun across the country, leading to waterlogging in many areas. This is causing major inconvenience for people commuting to work or other engagements—especially those who travel by car daily, as vehicles are vulnerable to damage during the rains. Many people assume that if they have car insurance, the insurance company will bear the entire cost of any damage incurred; however, this is not the case. That is why being well-informed is essential.

Things to keep in mind when buying car insurance

In reality, standard policies do not cover several types of damage. This is where 'add-ons' can prove useful. Consider a scenario where a car gets stuck in water during the rains; naturally, the engine and other components could sustain damage. When the car owner approaches the company to file a claim, they often discover that the standard policy does not cover these specific expenses, forcing them to pay out of pocket. This is precisely when add-ons come into play.

Zero Depreciation Cover

• If a customer still has to pay money even after a claim is approved, it is usually due to depreciation—the reduction in the value of parts over time.
• With a standard policy, you do not receive the full cost for parts like rubber, glass, and plastic; instead, the payout is reduced by the depreciation amount.
• Opting for this cover ensures that the insurance company pays the full cost of replaced parts.

Consumables Cover

• Many small items are replaced during repairs, but these costs are not covered under standard insurance policies.
• Consumables cover pays for expenses related to items such as engine oil, coolant, filters, nuts, bolts, and screws.

Engine Protection Cover

• An engine protection cover is considered the most essential add-on during the rainy season.
• It is particularly beneficial for cities where heavy rainfall leads to waterlogging on the roads.
• Standard insurance policies typically do not cover damage caused by rainwater entering the engine.
• This cover can include the cost of repairing or replacing expensive components like the gearbox and engine.

What to do if your car gets submerged in floodwater

• If your car gets submerged in water, do not make the mistake of starting the engine. Doing so can cause damage and may lead to your claim being rejected.
• Immediately take photos and videos of the submerged car, capturing both the interior and exterior.
• Inform your insurance company right away; do not delay this step.
• Compare plans and add-ons from different companies before purchasing a new policy or renewing an existing one.