The 2023 July rain havoc in the northern part of India has left people with some haunting images of cars being swept away in the water. It is absolutely terrifying to think that all your hard-earned money could go down the drain overnight. If you live in a place that is prone to torrential rainfall, you must consider comprehensive car coverage during the monsoon.
Comprehensive car coverage is highly beneficial because it protects you from burning a deep hole in your pocket to the point that there is no pocket left at all.
Your comprehensive car coverage policy must cover the following aspects-
- Coverage for flooding– Heavy rains often lead to flooding. It is extremely important for you to ensure that your policy has a provision for coverage in times of flooding.
- Coverage against natural disasters– Heavy rains could result in landslides and storms, which can be very dangerous not only to your life but also to your assets and property. Make sure your policy covers repairs that your car would need in case it gets damaged due to natural disasters.
- Cover for rain protection– During the monsoon season, it is quite possible that rainwater could enter your engine or the inner parts, which could be quite damaging to the internal system of the car. Your comprehensive coverage must consider any damage that has happened due to rainwater and cover the repairs that will be needed.
- Add-ons– An insurance policy truly becomes comprehensive when you choose add-ons that are best suited for your car. Some add-ons that come in handy during the rainy season are as follows-
- Tyre protection– This add-on will cover the cost of repair or replacement of your tires if they are damaged due to rain.
- Engine protection cover– Your car is nothing without an engine. That’s why it is essential to get this add-on so that if any rainwater seeps in and causes an oil leakage that ruins your engine, you can always get it repaired or replaced.
- 24/7 road assistance– During a flood, god forbid, you are stranded on the road, in the middle of nowhere. It can be alarming and sometimes even blood-curdling. In such times, having the option of 24/7 road assistance could be a blessing in disguise. You would feel even more blessed when you don’t have to pay a rupee from your pocket in times of such distress.
- Zero Depreciation– One of the best add-ons to have ever thought of is this particular one. The insurer pays you the full amount for the replacement of the car part instead of deducting the depreciation value of the car part. This saves you from a major financial burden.
Always keep documents handy when you are claiming for rain damages. It is important to note that if you are found negligent in your actions—maybe you tried to start your car, which is submerged in water—then the insurer can reject your claim.
Some important tips to remember are to always read the terms and conditions before signing any document. You must be aware of what is included and excluded from your policies. Some insurers give a look-in period, which would mean you would have around fifteen days to review the policy before agreeing to purchase it. This gives you sufficient time to go through it without any hurry when making a decision. If you are dissatisfied, you can cancel it and get yourself a refund.
The monsoon gives everyone much-needed relief from the heat. It is a season that has been deeply loved and romanticised for generations. Don’t give yourself a reason to start disliking this season. Safeguard yourself and your assets today! Life is a journey; make sure you have the best ride.
