Indian cities are today flushed with huge migration from adjoining areas but development of public transportation infrastructure in these cities have not seen such sustainable addition to match the every rising need for commuting . This has lead to rising ownership of personal cars among city dwellers .But looking at the rising cost of living in these cities maintaining a car is hitting the personal finances largely .High cost of rent and EMI, maintenance charges, fuel charges, education for kids etc is already damaging things plus if you have to bear an extra cost for car repair in any month, can affect your financial plans for next three to six months.
Other than investing an extra amount after each three to four months into a depreciating asset like car can have serious long term bad effects on your personal balance sheet. To handle a situation like this a comprehensive car insurance policy can be of great help but that’s all is not enough. To stay always right on track you actually need some extra enablers which are technically not part of any plain vanilla policy. Though you might have to pay an extra cost for it but the nominal fee will guarantee a long term peace of mind .Other than that add on covers offered by car insurance companies can help you to customize your car insurance policy in a way which best suits your driving habits. Just plan your car insurance well in advance with the suitable add on and you are done for the rest of the year. Prefer buying the policy online where you can actually make a fair comparison of different offerings in the market based on the different add on covers you are looking at.
Additional cover option which you can opt for:
Looking at the specific options offered by various insurers can help you make a fair decision. The maximum amount of coverage offered under each add on vary with the insurers so to make a fair judgment do have a clear understanding what you require and what not so that you don’t end up paying for things which you don’t require. The top five priority add-on covers which you should be considering as a top up cover over and above your regular comprehensive car policy are listed below:
The above five add-on covers are actually boons for the car owner and help him/her attain the level of customization which is required in a car policy so that you end of paying for only those things which you actually require and also makes your car insurance planning very robust.