The engine is a car’s lifeline, and yet, when selecting an insurance policy for a car, most individuals tend to overlook the engine. A car engine has a complex design, which is why this vital component requires consistent care and maintenance.
Fixing engine issues can be inconvenient and expensive. Thus, most insurers provide engine protection cover as an add-on to your comprehensive car insurance policy.
Engine Protection Cover Meaning
The general misconception among car owners is that owning a car insurance policy protects them from financial losses that arise due to damage caused by an accident.
However, a regular insurance policy for four-wheelers does not cover damages to the car’s engine or its adjoining parts.
For protection from repair costs of your car’s engine, you can invest in the engine protection cover, along with your comprehensive motor insurance policy.
Engine protection cover in car insurance is one of the most useful add-ons that provide you with compensation for the replacement or repair of your vehicle’s engine or its adjoining parts, which otherwise would be a highly expensive affair.
Does a Car Insurance Policy Provide Coverage for Engine Failure?
All vehicle owners in India have to invest in car insurance, but the coverage of this insurance policy is generally limited, depending on the policy type. This may include financial protection in case of third-party damages and damages to the insured car from man-made or natural calamities, thefts and accidents. However, it usually does not include protection to the engine.
This is why EP in car insurance is provided by most insurers as an add-on to a regular comprehensive motor insurance policy. This way, you can ensure that your car’s engine remains protected along with coverage for your car.
Engine Protection Cover Benefits
Some key advantages of opting for engine cover in car insurance include:
Financial Safety
Repairing a car’s engine can be very costly, and this cost can accumulate quickly over time. Owning engine protect in car insurance ensures that you remain protected financially from having to bear repair costs when your engine fails unexpectedly.
Coverage Against Gearbox and Differential Parts Damage
A substantial amount is required to repair the damaged gearbox and differential parts. If you buy comprehensive car insurance with an engine protection add-on, you can protect these critical components without being burdened by high repair costs.
Water Damage Coverage
If you reside in a place where waterlogging or flood situations are common, water ingression is an issue you have to often deal with. An engine protection cover can help you with replacement and repair at such times when the engine’s internal components are damaged due to water ingress.
Protection from Lubricant Leakage
Leakage of lubricants is a huge concern for all car owners, as it may result in engine failure or malfunction. By investing in car insurance with engine protection add-on cover, you can safeguard yourself from financial drainage caused due to lubricant leakage and resultant damage to the engine.
Who Should Opt for Car Insurance with Engine Protection?
- Car owners living in flood-prone areas
- Luxury car owners
- Car owners who require all-round protection for their new/expensive cars
Conclusion
Protecting your car’s engine is one of the key factors that contribute to the longevity of your vehicle. Investing in an add-on cover for engine protection while buying a comprehensive motor insurance policy can safeguard you financially in a huge way when unforeseen events occur.