Even though owning a car is pretty standard, it is still a luxury, especially in countries like India, where you must wait for one for a long time and save up a lot of money. Additionally, people can only purchase cars in a specific price range that fits their needs and budget. Further, the market’s rising demand for cars pressures manufacturers to build more and better vehicles. This implies that these cars become more valuable regarding both money and sentiment. The replacement of parts accounts for a sizable portion of the revenue generated by car manufacturers. If the vehicle sustains any damage, the replacement may be expensive.
What Does Car Insurance’s Engine Protector Cover?
A car accessory called an Engine Protector Cover shields you from the financial risk connected with the engine. Among these dangers are lubricating oil leaks, water intrusion, hydrostatic lock, and physical harm to the gearbox, pistons, connecting rods, etc. The policy’s basic coverage does not cover it. Therefore, it is recommended that you protect it. *
Claims are subject to terms and conditions set forth under the car insurance policy.
Why Is An Engine Protection Cover Necessary?
If you purchase comprehensive car insurance, whether online or off, it is obvious that the policy will not cover any engine damage. Additionally, it states that you are responsible for paying the repair costs. If you ever find yourself in this unpleasant situation, it can be very detrimental to your finances.
Let’s use an example to understand this better: You reside in one of the eastern Indian states affected by the Brahmaputra River’s yearly floods. In this case, if your car is submerged in water, the engine may have also sustained damage. Filing an insurance claim might be denied because the basic policy coverage does not cover the engine. Therefore, having a comprehensive policy at this time is not very advantageous. *
Can Car Insurance Cover An Engine Failure?
The procedure may be more difficult when making an engine failure insurance claim. An engine protection add-on must be added to your policy if you want engine failure to be covered. You will frequently be required to present failure proof, such as a repair estimate or mechanic’s report. A deductible, the sum you must pay out of pocket before your insurance begins to pay, may also be required. In conclusion, while comprehensive car insurance protects against damage to the car brought on by collisions, theft, and natural disasters, engine failure coverage must be added on. Understanding what is and isn’t covered by a car insurance online policy requires carefully reviewing the terms and conditions. A Bajaj Allianz car insurance policy covering the damages in the event of an engine failure is also always advisable. *
Claims are subject to terms and conditions set forth under the car insurance policy.
What Are The Limitations Of Making A Claim Under The Engine Protection Policy?
The following specific situations are not covered by engine protection:
- If the loss is already covered by another insurance policy, manufacturer’s warranty, recall campaign, or similar packages concurrently.
- Except for damage to the internal engine components due to water ingress or lubricating oil leakage and gearbox damage resulting from accidental means, insurers do not cover consequential losses.
- The cost of engine oil and consumables during engine flushing is not included.
- Loss or damage to the engine, including corrosion, due to delays in notifying us or retrieving the insured vehicle from a waterlogged area is not covered.
- If reasonable care has not been taken by you to protect the insured vehicle against loss or damage. *
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## All savings are provided by the insurer as per the IRDAI-approved insurance plan. Standard T&C apply
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