As a Toyota car owner let�s explore the different add-ons available with Toyota car insurance policies in India. It will help you make informed decisions to tailor your coverage according to your specific needs.
What Are Add-on Covers?
Add-on covers, also known as riders or endorsements, are additional coverage options that policyholders can purchase to enhance their Toyota car insurance policies. These add-ons provide extra protection and specific benefits beyond the standard coverage offered by the base policy.
While the availability of add-on covers may vary across insurance companies and policy types, they are designed to cater to different needs and provide customised coverage options. From extending coverage to additional protection options, these add-ons offer a range of benefits that can provide peace of mind and financial security.
Whether you are looking to enhance your coverage, address specific risks, or add extra features to your policy, understanding the available add-ons for Toyota car insurance policies can help you make informed decisions and choose the options that best suit your needs.
Toyota Car Insurance Add-Ons Options
Toyota car insurance policies in India offer a range of add-ons that can be customised to enhance your coverage and tailor it to your specific needs. The following are some common types of add-ons available with Toyota car insurance policies in India:
1. Zero Depreciation Cover
With this add-on, you can protect your Toyota car against depreciation during claim settlements. It ensures that you receive the full cost of repairing or replacing parts without accounting for depreciation, providing you with higher claim payouts.
2. Engine Protection
This add-on covers damage to the car's engine or its components due to water ingress, leakage of lubricating oil or hydrostatic lock. It offers financial assistance for repairs or replacements, which can be particularly beneficial in flood-prone areas or during the monsoon season.
3. Roadside Assistance
This add-on provides round-the-clock assistance in case of breakdowns, accidents or emergencies. It offers services such as towing, fuel assistance, battery jump-start, flat tire change and even arranging for a taxi or alternative transportation.
4. No Claim Bonus (NCB) Protection
By opting for NCB protection, you can safeguard your earned NCB percentage even if you make a claim during the policy term. This add-on ensures that you can enjoy discounted premiums in subsequent policy years despite filing a claim.
5. Return to Invoice (RTI) Cover
In the event of a total loss or theft of your Toyota car, the RTI add-on bridges the gap between the Insured Declared Value (IDV) and the original invoice price. It ensures that you receive the full amount mentioned on the invoice, minimising financial losses.
6. Consumables Cover
This add-on covers the cost of consumables such as engine oil, coolant, brake oil and other fluids during repairs. It provides additional financial protection, reducing out-of-pocket expenses for these essential items.
7. Personal Accident Cover for Passengers
Extend personal accident coverage to your fellow passengers with this add-on. It provides financial protection to passengers in the insured Toyota car in case of an accident. This add-on ensures that passengers are covered for accidental bodily injuries, disabilities or death resulting from a covered accident.
8. Outstation Emergency Cover
Outstation Emergency Cover provides additional assistance and coverage when you encounter emergencies or breakdowns while travelling outside your city or state of residence. This add-on is particularly useful for those who frequently undertake long-distance journeys or travel to different locations with their vehicles.
9. Key Replacement Cover
Key Replacement Cover is an add-on feature that provides coverage for the replacement or repair of lost, stolen or damaged Toyota car keys.
When selecting a Toyota car insurance policy in India, considering these add-ons can help you customise your coverage to suit your requirements. Evaluate your needs, budget and the risks you face on the road to choose the most relevant add-ons.
Remember to review the terms, conditions and coverage limits of each add-on before making a decision. If you still need help, do not randomly collect information from the Internet. Get advice from Toyota car users and car experts or check out Park+ website/app.
In the Park+ app, check the car insurance page, you will get both the Toyota users and Toyota car insurance experts with valuable insights. So download the Park+ app and use it like millions of other car owners.
Park+ brings correct car-related information to its users for free. Otherwise, Park+ offers car owners a range of different services�car parking assistance, FASTag recharge, etc. You can find information on car loans, RTOs, car models and so on. So try it once and you will love it!