1. MAJOR ADD ON COVER’S FOR
CARS
by ;
AJIN KS
RM Honda assure

2. Add on Coverage's in CarInsurance
 Zero Depreciation Cover - Most Popular
Depreciation is imposed at 30% to 50% on Plastic,
Rubber, Glass Parts. With Zero Dep Plan - no
depreciation is deductible or paid by owner.
Available for maximum upto 5* yr Old Car

3.  Windshield Glass Cover
If Front or Rear windscreen glass accidentally
breaks and needs to be repaired / replaced,
Insurance company bears the charges without
impacting NCB Bonus

4.  Full Invoice Price Cover (return to invoice)
Covers the Vehicle at Original 100% cost
including Road Tax been Paid. Available for
Cars upto 3 yr Old and applicable only in case of
Vehicle Theft or Complete Loss

5.  Engine Protector Cover
Car Engine can get stalled, if driven with Engine
Oil Leakage at accident or driven in water
logged areas or engine submerged under flood.
Engine Protector cover is especially useful for
protecting against very high replacement cost
of Engine in Several Lakhs

6.  Consumable Cover
Consumables like - Oils (Engine Oil, Brake
Fluid, Clutch Fluid), Coolant, Grease etc are
not covered in Comprehensive or Zero Dep
Policy. But - there's a separate add on cover
wherein Consumables if changed due to an
accident - will be borne by Insurance
Company

7.  Hydrostatic Lock Cover
Part of Engine Protector Cover or can be taken
Separately which can happen due to repeated
Engine Cranking - when car stops suddenly in
deep water. Due to repeated attempts of trying
Ignition on - Water can ingress into Engine
and lead to HydroStatic Lock.

8.  Loss of Baggage Cover (non honda)
Does not include Eletronic items like Laptops /
Music System / Mobile Phones / Money / Credit
Card / Jewellery etc . Only includes Clothing /
Shoe or Personal Toliteries if stolen from car -
This cover is at best avoidable.

9.  Key Replacement
If vehicle keys which are Lost or Stolen. The
covered cost is limited to the money paid to
locksmith to produce a new key or even
replacement cost of locks, if vehicle is broken
into.

10.  Emergency Transport and Hotel Expenses (part of
RSA in honda assure)
Insurance Company pays towards the cost of
overnight stay - of at a distance of more than 50
Kms or taxi charges for returning back, if the
motor vehicle has met with an accident and can
not be driven

11.  Road-Side Assistance Coverage
Does your Car Road Side Assistance Plan is
expiring. Now Opt for Insurance Company Road
Side Assistance for Repairs in event of minor
breakdown, Towing Cost, Changing flat tyres or
Emergency 5 Litre Fue

12.  NCB Protection Cover
Do not miss to check - NCB Protection as
coverage in event of Smaller claims like -
Windshield Replacement, Key Replacement,
Roadside Assistance Claim. Generally NCB does
not get impacted - still its wise to cross check with
insurance company at time of sale.

13.  Parts Depreciation under Comprehensive Policy
» 50% Depreciation is Deducted on all Rubber, Nylon, Plastic Parts,
Batteries and Airbags
» 30% Depreciation is Deducted for 'Fibre Glass' components
» Wooden Parts as per Ageing of Vehicle (5% in 1st Year, 10% in 2nd
Year, 30% in 3rd Year etc)
while under Bumper to Bumper plans - no depreciation will be deducted
on any of these, except Battery & Tyres
 However, some salient points while taking Car Insurance
» Compulsory Deductible of Rs. 1000 is there in event of claim (in both
Comprehensive & Zero Dep plans)
» Claim will be considered Void, if the person driving car was without
driving License
» If the person driving car was found intoxicated by drugs or under
influence of Alcohol
» If Both Car Keys are Lost or Stolen - and Car is also stolen - Claim
would be Null and Void, unless an FIR for Missing Car Key is reported
in Nearest Police Station - before the actual asset i.e Car Stolen

14.  Zero Depreciation Car Insurance
Introduced in 2009 in India - Zero Depreciation Plans,
often referred as Bumper to Bumper Car Insurance
Policy is what an additional 'depreciation cover' cover
offered on the car. Its no different than comprehensive
policy, except the fact that

15.  Policy Exclusions - Not Covered under Zero Depreciation Plans
» Any Kind of Consequential loss, unless an additional cover take.
For instance - hydrostatic lock or Engine Protector due to
consequential factor (unless covered with an additional cover -
Engine Protector is when Engine gets Seized due to water
ingression or Engine Oil leakage due to which Engine gets
stalled)
» Does not Cover Mechanical Breakdown (as that what would be
covered under warranty & not under insurance)
» Does not Cover Cost of Consumables and Oil (Engine Oil, Brake,
Clutch Oil, Gear Oil, Coolant etc) Change in Car, even if its
accidental repair,
» No Cover also for routine Maintenance Items or Wear and Tear
Items including Clutch Plates, Friction Disc, Oxygen Sensor,
Engine Mounts, Bearings etc
» Tyres Claim is allowed only when damage is due to accident
including body shell also damaged. No cover only allowed for
Tyres - if damage only has occured to Tyre