Travelling by car and discovering new places is a one-of-a-kind experience. It allows you to capture not just beautiful moments in exotic settings but also creates a wealth of memories. However, if you are stuck in the middle of your trip with a broken car, particularly one with a damaged engine, your excitement may turn to sorrow. Your concerns may be compounded when you learn that even if your vehicle is covered by comprehensive car insurance, you will not receive assistance for engine leakage.
So, does this imply that insurers do not offer any option to cover engines? The solution is the engine protection (EP) cover. You can avail yourself of the benefits of this add-on cover by paying an additional premium.
What is engine protection cover in car insurance?
As the name suggests, the engine protection or EP cover reimburses the bill if the engine sustains damage due to water ingression, lubricant oil leakage, or a hydraulic lock fault. The coverage also includes key engine components. For example, if an engine's pistons, crankshaft, or gearbox are damaged, you can file a claim invoice.
However, the policy does not provide financial assistance if the engine is damaged as a result of your constant attempts to start your car while it is submerged. Another situation that is not covered is an increase in pressure when the engine is clogged with water.
Benefits of engine protector in car insurance
Incorporating an Engine Protector add-on into your four-wheeler insurance policy offers several advantages:
- Comprehensive Coverage: It extends protection beyond standard policies, covering engine-specific damages that are typically excluded.
- Financial Security: Engine repairs or replacements can be costly. This add-on mitigates out-of-pocket expenses, ensuring financial stability.
- Enhanced Vehicle Lifespan: Timely repairs facilitated by this coverage can prolong the operational life of your vehicle.
- Peace of Mind: Knowing that engine-related issues are covered allows stress-free driving, especially in adverse conditions.
These highlight the importance of considering the Engine Protector add-on, especially for those with high-end vehicles or residing in areas susceptible to flooding.
Should you buy the engine protector add-on?
The Engine Protection Add-On is not suitable for everyone. For example, if you live in a city with a good drainage system and little rain, investing in this cover may not be worthwhile. However, if you live or drive in a flood-prone area, this add-on is a must-have to extend the life of your vehicle.
Deciding to purchase the Engine Protector add-on depends on various factors:
- <h3>Geographical Location: If you live in areas prone to heavy rains, flooding, or waterlogging, this add-on is highly advisable.
- <h3>Vehicle Usage: Frequent driving through terrains where water ingression is possible increases the necessity for this coverage.
- <h3>Car Model and Age: Owners of high-end or relatively new cars may find this add-on beneficial to protect their significant investment.
- <h3>Existing Coverage: While bumper-to-bumper car insurance offers extensive coverage, it may not encompass engine-specific damages caused by non-accidental factors. Review your current policy details to identify coverage gaps and purchase add-ons accordingly.
You can buy this rider either at the time of buying a new policy or during the renewal process.
Conclusion
In four-wheeler insurance, the Engine Protection add-on is an important component for comprehensive vehicle protection. It provides coverage in areas usually overlooked by standard policies. Evaluating your circumstances, including environmental factors and vehicle specifics, can guide you in making an informed decision about purchasing this add-on for your insurance.
Disclaimer: The information provided in this blog is for educational and informational purposes only. It may contain outdated data and information regarding the Insurance industry and products. It is advised to verify the currency and relevance of the data and information before taking any major steps. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information.