Automobile

Don’t Buy a Car Without These Essential Insurance Add-ons

Ensure maximum protection for your new car with essential insurance add-ons like Engine Protection and Zero Depreciation. Learn how these add-ons can save you money and provide better coverage.

  • Protect your car’s engine with Engine Protection add-on.
  • Get full coverage for spare parts with Zero Depreciation add-on.
  • Safeguard your car’s total value with Invoice Protection add-on.

Purchasing a new car is an exciting milestone, but before you finalize the deal, it’s important to think about more than just the model, price, and features. Many buyers overlook car insurance, but it plays a key role in protecting your investment. While third-party insurance is mandatory, experts recommend opting for additional add-on coverage for enhanced protection and financial benefits.

Why Add-on Insurance is Crucial for New Car Owners

When it comes to car insurance, most people know that third-party insurance is legally required. However, add-on insurance can significantly enhance your coverage. These add-ons protect you against specific risks that basic insurance doesn’t cover. The added coverage can offer you peace of mind, especially in the event of an accident, natural disaster, or theft.

Car Insurance Add-ons

Engine Protection Add-on: A Must-Have for New Cars

One of the most valuable add-ons is the Engine Protection Add-on. Natural disasters, especially floods, can cause severe damage to your car’s engine and electrical systems. Without this add-on, insurance providers typically won’t cover engine damage caused by water ingress during floods. Having this coverage ensures that you don’t have to bear the entire repair cost yourself in such situations.

Zero Depreciation Add-on: Protect Your Car’s Parts

Another popular add-on is the Zero Depreciation Add-on. This is particularly beneficial for protecting the car’s individual parts. In case of an accident or natural calamity, regular insurance may not cover the full replacement cost of parts due to depreciation. However, with the Zero Depreciation add-on, the insurer will cover the full cost of replacement, ensuring you don’t pay out of pocket for parts that are damaged.

Invoice Add-on: Recover Your Car’s Full Value

The Invoice Add-on is another essential feature for new car buyers. If your car gets damaged or stolen, this add-on allows you to recover the full invoice value of your vehicle, instead of just the current market value, which may be lower. This can be particularly beneficial if your car is new and hasn’t lost much value yet.

Key Takeaways: Maximize Your Car Insurance Benefits

Investing in the right add-ons when purchasing your new car can lead to significant long-term savings. By opting for engine protection, zero depreciation, and invoice coverage, you ensure that you’re well-covered in all circumstances. Always consult with experts to choose the best add-ons that suit your driving habits and needs.

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