How Car Accessories Additional Covers Work in Car Insurance ?

Types of Car Accessories Covered

Adding to your regular Car Insurance Policy, a car accessories additional cover is intended to safeguard the extra features and improvements you've made to your vehicle. They can be classified as:

 

• Electrical accessories: These include things like air conditioners, audio systems, and various types of lighting, such as brake and fog lights.

• Non-electrical accessories: Parts such as alloy wheels, seat coverings, and interior fixtures.

• CNG kits: These are fitted to convert a vehicle to run on compressed natural gas (CNG), which is an economical and environmentally beneficial fuel alternative.

Generally, standard Car Insurance Policies only cover the vital components of your car. Any loss or damage to these extra accessories would not be covered without the inclusion of additional protection. These valuable additions are safeguarded by the car accessories additional coverage, offering peace of mind and financial security.

 

Why Should You Opt for a Car Accessories Additional Cover?

Choosing a car accessory additional cover has multiple benefits:

• Complete protection: Protect every component of your car, including those that aren't normally covered by insurance.

• Financial stability: Prevent having to pay cash for accessory replacements or repairs.

• Improved coverage: Adjust your insurance to reflect the unique features and upgrades of your car.

• Peace of mind: You may drive with confidence, knowing that your car upgrade investments are safeguarded.
   

How Does Car Accessories Additional Cover Work?

Car accessories additional coverage increases your Car Insurance to protect the extra accessories you’ve added. If your vehicle is damaged, stolen, or in an accident, this coverage will help pay for repairing or replacing those accessories. This is subject to your policy’s terms and conditions.

 

What Does the Additional Cover Include?

Usually, the additional cover consists of:

• Repair or replacement costs: Costs for replacing or repairing broken or stolen accessories are covered under this policy.

• Protection against theft: Offers coverage if your accessories are stolen.

• Accidental damage: Includes losses brought on by crashes and natural calamities.

It's crucial to remember that the coverage could change depending on the insurer and the details of your policy.

Exclusions in Car Accessories Additional Cover

Even if the car accessories additional insurance provides comprehensive protection, there may be certain exceptions, such as:

• Wear and tear: Deterioration brought on by frequent usage and accessory ageing.

• Intentional damage: Damage that is deliberate or the result of carelessness

• Non-insured events: Incidents that are not covered by your policy, such as nuclear disasters or war, that might result in damages.

To fully understand the exact exclusions that apply, it is essential to go over the insurance details.
 

How to Add Car Accessories Cover to Your Insurance?

It's simple to include car accessories additional coverage in your current policy:

• Contact your insurance company: To find out about adding the coverage, contact your insurer.

• Provide all the necessary information: Provide details about the accessories you want to include.

• Pay the extra premium: Your current premium will be increased by the cost of the additional coverage.

• Receive confirmation: After processing, a revised policy document reflecting the new coverage will be sent to you.

To guarantee ongoing protection, it is advised to add the coverage when the insurance is renewed.

 

Factors Affecting Premium Costs

The following factors affect the premium for the car additional cover:

• Value of accessories: More expensive accessories might result in a higher premium.

• Type of accessories: The premium may be impacted by some accessories that are deemed to be more risky.

• Location: Premiums may go up in Zone A cities compared to Zone B.

• Insurance history: The cost of the additional coverage may be impacted by your claim history.

You can manage and perhaps lower your premium expenses by being aware of these aspects.

 

Tips to Maximise Benefits from Accessories Additional Cover

To get the most out of your additional cover for auto accessories:

• Maintain your accessories: Keeping your accessories in good condition might help you avoid damage and minimise the likelihood of filing a claim.

• Maintain documents: To make claims easier, keep track of your accessory receipts and records.

• Examine policy terms: Make sure your insurance still meets your needs by reviewing it regularly.

• Promptly report any modifications: Notify your insurance company of upgrades or additional accessories.

You can make sure that your accessories are adequately protected and that you get the most out of your additional cover based on these recommendations.
 

Importance of Accessories Additional Cover in Modern Cars

In order to improve comfort, safety, and appearance, you might want to update your car with the latest additional features. Replacing or repairing these items after an accident might be costly. Your investments in these upgrades are protected against unanticipated circumstances thanks to the car accessories additional cover, which offers crucial protection. Owners of premium or customised cars, whose modifications significantly increase the vehicle's overall worth, may find this coverage very helpful.

 

Summing Up

Enhancing your vehicle with high-end accessories might improve its use and appearance, but these upgrades also have a price tag. You could have to pay for their replacement or repair out of pocket if you don't have the right coverage. By safeguarding your valuable enhancements against unexpected events like theft or damage, car accessories additional protection provides peace of mind.

 

Shriram Car Insurance provides comprehensive policy additional coverage to safeguard both electrical and non-electrical accessories, as well as CNG/LPG kits, for individuals wishing to preserve their belongings. It's a fantastic option to make sure your customisations are suitably safeguarded, with reasonably priced premiums and a host of other advantages. Explore our plans today!

 

FAQs

1. What is a car accessories additional cover?

In addition to your regular Car Insurance Policy, a car accessories additional cover covers extra amenities and modifications you've made to your car, such as expensive sound systems, alloy wheels, or CNG kits.

 

2. Why should I opt for a car accessories additional cover?

Choosing this additional gives you financial security and peace of mind by guaranteeing that your customised improvements are shielded against harm, theft, and accidents.

 

3. How does the car accessories additional cover work?

With the car accessories additional coverage, your current Car Insurance Policy is expanded to cover the extra accessories you've added. According to your policy's terms and conditions, the additional insurance covers the cost of repairing or replacing items if your vehicle is damaged, stolen, or involved in an accident.

 

4. What does the car accessories additional cover include?

Usually, the car accessories additional coverage covers anti-theft devices, unintentional damage to your car's accessories, and repair or replacement expenses.

 

5. Are there any exclusions in the car accessories additional?

Yes, exclusions may include wear and tear, intentional damage, and non-insured events such as war or nuclear incidents. It's essential to review the policy details to understand the specific exclusions that are applicable.

 

6. How can I add the car accessories cover to my insurance?

You can add the cover by contacting your insurance provider, providing details about the accessories you wish to cover, paying the additional premium, and receiving confirmation through an updated policy document.