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Car Insurance Add-Ons You Should Always Opt When Buying A New Car
Car Insurance

Car Insurance Add-Ons You Should Always Opt When Buying A New Car

| @indiablooms | 18 May 2024, 02:23 pm

When purchasing a new car, ensuring adequate insurance coverage is paramount to protecting your investment and providing financial security in unforeseen events. While standard car insurance policies offer basic coverage, adding add-ons can enhance your protection and provide additional benefits tailored to your needs. 

Let us explore the essential car insurance add-ons you should always opt for when buying a new car.

What are Car Insurance Add-Ons?

Car insurance add-ons are supplementary coverage options to include in your insurance policy to provide additional protection beyond the standard coverage.

These add-ons offer specific benefits and cater to individual requirements, allowing you to customise your insurance policy according to your preferences.

Important Add-Ons One Should Buy for a New Car

When purchasing insurance for your new car, certain add-ons are crucial to ensure comprehensive coverage and peace of mind on the road. Here are some essential add-ons and why they are important:

  1. Zero Depreciation Cover

Zero Depreciation Cover, or Nil Depreciation or Bumper-to-Bumper Cover, ensures you receive full claim settlement without factoring in depreciation for certain parts of your car during repairs or replacements.

Zero dep car insurance is particularly beneficial for new cars, as it eliminates the depreciation deduction, allowing you to maximise your claim amount.

  1. Roadside Assistance Cover

Roadside Assistance add-on provides support in case of breakdowns or emergencies while on the road. Services may include towing, fuel delivery, battery jump-start, and flat tyre assistance.

  1. Engine Protection Cover

Engine Protection Cover offers financial protection against damages to your car's engine and its internal parts. It covers repair or replacement costs from events such as water ingression, hydrostatic lock, or engine seizure.

  1. No Claim Bonus (NCB) Protection

NCB Protection add-on safeguards your accumulated No Claim Bonus in case you claim during the policy period. It ensures that you retain your NCB discount upon renewal, even after filing a claim, thereby rewarding you for maintaining a claim-free record.

  1. Personal Accident Cover for Passengers

Personal Accident Cover for Passengers provides financial protection to passengers in your car in case of accidental death or disability. It offers compensation for medical expenses, loss of income, and rehabilitation costs resulting from an accident.

  1. Key Replacement Cover

Key Replacement Cover covers the replacement cost of lost, stolen, or damaged car keys, including electronic key fobs. This add-on offers financial assistance to replace keys, reprogram immobilisers, and cover locksmith charges.

With Key Replacement Cover, you can avoid the inconvenience and expenses associated with key-related issues, ensuring seamless access to your vehicle at all times.

  1. Consumables Cover

Consumables Cover reimburses the cost of consumable items used during car repairs, such as engine oil, coolant, nuts, bolts, and lubricants. While standard insurance policies typically exclude coverage for consumables, this add-on ensures that you receive compensation for these essential components, reducing out-of-pocket expenses and minimising the financial burden of repairs.

  1. Return to Invoice (RTI) Cover

Return to Invoice (RTI) Cover bridges the gap between your car's insured declared value (IDV) and the original invoice price in case of total loss or theft of your vehicle.

This add-on ensures that you receive the full purchase price of your car, including registration fees and road tax. Thus, you can replace your vehicle with a new one without any financial loss.

  1. Daily Cash Allowance Cover

Daily Cash Allowance Cover provides a daily cash benefit for repairs following an accident or covered event. This add-on helps cover alternative transportation costs or other incidental expenses incurred during the repair period, such as taxi fares or rental car expenses.

With Daily Cash Allowance Cover, you can maintain mobility and financial stability while your car is undergoing repairs, ensuring minimal disruption to your daily routine.

Can I Buy Add-Ons with a Third-Party Policy?

No, you cannot purchase add-ons with a third-party insurance policy. Add-ons are available only with comprehensive insurance policies offering broader coverage, including own damage protection and third-party liability coverage. If you are considering add-ons, it is advisable to opt for a comprehensive car insurance policy for total protection.

How to Buy Car Insurance Policy: Online or Offline?

When purchasing a car insurance policy, opting for online channels presents several benefits over offline methods. Online platforms offer a convenient and hassle-free experience, enabling you to compare quotes, tailor your policy, and purchase insurance without leaving home.

Additionally, online insurers typically provide competitive rates, special discounts, and broader add-on choices than traditional offline avenues. With online platforms, you can access a comprehensive list of insurers, unlike the limited selection offered by dealerships.


Investing in the right car insurance add-ons is crucial to enhance your coverage and ensure comprehensive protection for your new car. By understanding the importance of add-ons such as Zero Depreciation Cover, Roadside Assistance, Engine Protection, NCB Protection, and Personal Accident Cover for Passengers, you can make informed decisions and safeguard your investment effectively.

Opting to purchase insurance online provides added convenience and flexibility, enabling you to tailor your policy according to your specific requirements and budget.

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