Things that are Covered under Car Insurance Policy which most of us Don’t Know

Car insurers apply or renew a car insurance policy without knowing the things that are covered under it. One must double read the insurance policy before applying for car insurance. Here is the list of things that are covered under a car insurance policy which many of the users are unaware of:

• Beyond Just Accidents Cover: Car insurance covers more than the damage or loss during accidents. There are natural calamities such as floods, earthquakes, and landslides, which are covered under car insurance.

• Car Accessories Insurance: The basic car insurance covers the car and not the accessories inside the car. You need to apply for accessories insurance separately. It can push your premium to a great extent. It is a cost-effective way and is better than buying new accessories for your car. Car insurance also applies to performance car parts online that one installs to enhance the performance of the vehicle.

• Engine Protector Cover: An engine starts giving problems due to oil leakage, water ingression, or damage in the gearbox. The insurer bears an expense for the same.

• Third-Party Premium: It is a type of comprehensive cover that gives a third party the compensation for the loss or damage that he has come across. You can ask the insurance firm to lower third-party claims so that you get discounts on the premium you pay to the third party.

• Towing Fee waiver: When a person is driving on the highways or remote areas during odd hours, he poses a difficulty in finding the garage. The towing company charges a very high-price for towing the vehicle to the garage. By having annual policy renewal, the towing cover also gets renewed. No matter how many times you are towing the car , the insurance policy will take care of it.

• 24/7 Spot Assistance: In case your car is stranded in the middle of the road, all you need is 24/7 spot assistance. There are numerous facilities included in it, such as car towing, taxi arrangement, fuel, and legal assistance.

• Zero Depreciation Cover: As the vehicle ages, the value of the car depreciates. Insurance companies calculate the depreciation rate and give the amount that is payable for the damaged part. By availing this insurance car owner can benefit to a great extent.

These benefits are exclusively given to car owners who have purchased car insurance. There are numerous situations under which you need insurance cover for your car. 

If you want to install additional features in your car, such as complete performance exhaust systems, you can inform your insurance agents, and they will come up with the right insurance quotes that match your requirements.