The engine is undeniably the heart of any vehicle, ensuring its smooth operation. However, it is also susceptible to various risks, from wear and tear to sudden breakdowns. Additionally, during the monsoon season, residing in an area prone to waterlogging poses a significant risk of engine damage.
The engine is undeniably the heart of any vehicle, ensuring its smooth operation. However, it is also susceptible to various risks, from wear and tear to sudden breakdowns. Additionally, during the monsoon season, residing in an area prone to water-logging poses a significant risk of engine damage. This is where Engine Protection Cover steps in, offering financial security against a spectrum of potential engine-related issues.
What is engine protection cover in car insurance?
Engine protection cover is an additional feature that can be purchased alongside a comprehensive car insurance policy. It specifically covers repair or replacement costs for the engine and its components due to various issues such as water ingress, oil leakage, and other damages not caused by accidents
Read more: How to become a motor insurance agent?
Engine Protection Cover Benefits
Here are five advantages of opting for engine protection within your comprehensive car insurance policy:
Financial Security
Basic motor insurance will not suffice if your car's engine suffers damage. However, with an engine protection add-on, your insurer covers the expenses of repairing engine damage or its components.
Coverage for Costly Repairs
The engine is a vehicle's most expensive component. Repairing or replacing it, along with related parts, can incur significant costs. Engine protection ensures you don't have to worry about the expenses of engine repair or replacement.
Longevity Enhancement
Given the engine's pivotal role in a car, maintaining its functionality is paramount for extending the vehicle's lifespan. Engine damage, if left unaddressed, can disrupt your car's performance. Engine protection cover ensures timely repair, ensuring your car operates smoothly for years.
Financial Support for New Car Owners
For those who have recently purchased a new vehicle, unexpected engine damages, especially from water ingress, can pose a substantial financial burden. Engine part replacements for new cars are notably costly. However, with engine protection in your insurance policy, regardless of the expense, the costs are covered.
Tailored for Flood-Prone Regions
Residents of flood-prone or low-lying areas often experience engine damage due to water ingress. Engine protection cover specifically addresses these concerns, ensuring that repair costs for engine damage resulting from waterlogging are fully covered.
Engine Protection Cover Inclusions
If you purchase engine protection cover under your car insurance policy, it will protect you from any expenses arising out of the following:
- Damage to the Insured Car's Engine - It covers the cost of repairing or replacing the insured car's engine or parts, such as the crankshaft, connecting rods, etc.
- Damage to Gearbox- It provides coverage for the cost of repairing or replacing the gearbox of the insured car.
- Water Ingression - It covers any loss or damages caused to the insured car's engine in case water has entered the car's engine, especially during the monsoon season.
- Leakage of Lubricant Oil - Provides coverage for the repair costs arising from leakage of lubricant oil from the car's engine.
- Damage to Hydrostatic Lock - It covers any loss or damage caused to the hydrostatic lock of the insured car in case an attempt is taken to start the four-wheeler while the engine is wet.
- Damage to Undercarriage - It provides financial protection for any damages caused to the undercarriage.
- Cost of Consumables - Covers the expenses incurred on consumables used in the insured car during the engine repair work. Such consumables include lubricant oil, nuts & bolts, coolants, etc.
- Labour Cost - The add-on provides coverage for the labour costs incurred to carry out the repair or replacement work on the insured car's engine or its parts.
Also Read: Must Have Add-ons for a Newly Purchased Car
Engine Protection Cover Exclusions
- Consequential Damages - Any consequential damages caused to the insured car's engine. For example, if you drive your car despite water logging, the damages sustained by your car are a part of consequential damage.
- Force Starting the Engine - It does not cover any damages caused to the car's engine if you try to force start the engine of a submerged insured car.
- Regular Wear and Tear - It will also not cover the cost of repairing the damages to the insured car's engine arising out of regular wear and tear.
- Damages Covered by Manufacturer - This does not cover any engine damages that are covered under the warranty provided by the car manufacturer.
- No Water Inundation - This does not cover the engine repair or replacement costs if water inundation is not proved as part of the water ingression cover.
How a PBPartners Insurance PoSP helps you in getting the right insurance cover
Share plans as per the needs: Our PBPartners insurance PoSP will first understand your specific requirements regarding engine protection. They will inquire about your vehicle type, usage, and any specific concerns you might have about your engine.
Guide you on coverage options: They will explain the various coverage options available under Engine Protection Cover. This may include coverage for engine damage due to accidents, natural calamities, or mechanical failures.
Guidance on Add-Ons: A PoSP can advise you on which add-ons are suitable for your situation, such as roadside assistance or coverage for consumables.
Assistance with Documentation: Once you have chosen the right policy, the PoSP insurance agent will assist you with the necessary documentation.
Claims Assistance: In the unfortunate event of an engine-related issue, a PBPartners insurance agent is always there for you to guide you through the claims process.
Overall, a PBPartners Insurance PoSP acts as your knowledgeable guide throughout the process of obtaining the right Engine Protection Cover, from understanding your needs to providing ongoing support during the policy period.
Bottom Line
In essence, Engine Protection Cover is not just an add-on; acts as a safeguard against the uncertainties that accompany vehicle ownership. By investing in this coverage, car owners equip themselves with the means to mitigate potential financial burdens arising from engine-related mishaps. It is a proactive step towards ensuring a smooth and hassle-free journey on the road. So, the next time you renew your car insurance, consider adding an Engine Protection Cover – because safeguarding your engine is safeguarding your mobility.
FAQs on engine protection cover
What does an Engine Protection Cover typically include?
Engine Protection Cover usually includes coverage for repairs or replacement of the engine and its components in case of damage due to accidents, hydrostatic lock, engine overheating, etc. It may also cover the cost of consumables like engine oil, coolant, and lubricants.
Does Engine Protection Cover apply to all types of vehicles?
Engine Protection Cover is typically available for both new and used cars, as well as for different types of vehicles such as private cars, commercial vehicles, and two-wheelers. However, coverage options may vary depending on the insurance provider and the vehicle type.
Can I buy the Engine Protection Cover separately?
Yes, Engine Protection Cover is usually available as an optional add-on to your existing car insurance policy. You can purchase it at an additional premium along with your comprehensive or standalone own-damage policy.
Are there any exclusions to the Engine Protection Cover?
Exclusions to Engine Protection Cover may vary among insurance providers but commonly include pre-existing engine damage, wear and tear, damage due to negligence or improper maintenance, and consequential damages resulting from engine failures.
How do I claim an Engine Protection Cover?
In the event of engine damage, you should immediately contact your insurance provider and inform them about the incident. Follow their instructions for filing a claim, which may involve providing relevant documents such as the insurance policy, vehicle registration, and repair bills.
Is there a limit to the number of claims I can make under the Engine Protection Cover?
Insurance policies typically have a limit on the number of claims allowed during the policy period. Once you exceed this limit, you may not be eligible to make any further claims under the Engine Protection Cover until the policy is renewed.
