Unlike first world countries, a car in India is more of a family affair than a personal ride. The idea of a car for ‘personal use’ is a rarity and that’s where the concept of a ‘family car’ emanates. It is a car for all those who can drive in the family besides being a car to travel with friends and family. One for all is the ideology behind a family car in India.
Be it a family car or your personal one, car insurance is a common thread between the two. Not just legal requirement, it also serves as a protective cover for the repairs that may be required. The Motor Vehicles Act is what makes it mandatory, and the minimum coverage that is required is a third-party cover. With such third-party cover, you only get coverage against legal liabilities arising due the injuries faced by a third person or the damages to their property. However, this plan lacks any customisation. To compensate for that, you can buy the comprehensive car insurance online.
With a comprehensive insurance plan, you can ensure protection for the damages to your car. As the comprehensive plan has a wider scope, it has higher car insurance prices. In addition, such comprehensive plans can be customised using add-on covers. Here are some of the essential add-ons that can be bought for a family car:
24X7 Roadside assistance cover
24X 7 Roadside assistance or RSA is a car insurance add-on that can be bought with your comprehensive insurance plan. Breakdowns during your journey can not only be disheartening but also can cause unnecessary hassles. With a 24X7 RSA plan, you can be rest assured that the insurance company will help you get a temporary fix for the damage or tow it to the nearest service garage. This add-on is useful especially when you are out with your family and you your car breaks down. In some cases, the insurance companies even offer temporary accommodation too. * Standard T&C Apply
Passenger cover
Every car insurance plan needs to be accompanied with a personal accident cover. However, such personal accident cover does not include the passengers. It is only limited to owner-drivers. Using a passenger add-on, the scope of such personal accident cover can be extended to the passengers too. Any injuries suffered by the passengers are covered by such insurance add-on. * Standard T&C Apply
NCB protection cover
A family car is driven not just by you, but also other drivers in your family. While everyone’s driving style and skill may differ, damages may happen requiring repairs. But when you carry out any repairs, you end up giving up the No-Claim Bonus (NCB) at the renewal date. To protect such NCB, it is best to purchase an NCB protection add-on. This add-on helps preserve your NCB benefits even if a claim is made for a specified number of instances as specified in the policy terms. * Standard T&C Apply
While there are many different add-ons that can be purchased, the 24X7 RSA, passenger add-on cover and the NCB protection cover are best suited for a family car which is driven by skilled as well as inexperienced drivers. When estimating the impact of these add-ons on your premium amount can be tricky, a car insurance premium calculator can help you do it with ease. Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms and conditions, please read sales brochure/policy wording carefully before concluding a sale.