Udayan Adhye's Guide to Selecting Good Car Insurance and Essential Add-Ons

Purchasing car insurance can be a complex process, but with the right guidance, you can make an informed decision. Udayan Adhye, a finance content creator, offers his expertise on how to select good car insurance and highlights six essential add-ons that you should consider to ensure comprehensive coverage. Let's dive into his recommendations for a well-protected vehicle.

How to Select Good Car Insurance

When selecting car insurance, it's crucial to consider factors such as the insurer's reputation, coverage options, premium costs, and customer service. Comparing different policies and understanding the terms and conditions can help you choose the insurance that best suits your needs.

Six Must-Have Add-Ons for Car Insurance

Return to Invoice (RTI): If your car is totalled or stolen, the RTI add-on ensures you receive the original amount you paid for the car, including the ex-showroom price, road taxes, and registration costs. This add-on is available for cars less than 3 years old.

Engine Protection: This add-on covers repair and replacement costs for your engine due to any damage, including incidents like waterlogging.

Zero Depreciation (Zero Dep): As your car ages, the value of its parts decreases. With zero depreciation coverage, the insurance company covers 100% of the original cost of the parts, regardless of their depreciated value.

Consumable Covers: Consumables such as ball bearings, engine oil, coolants, and pipes are generally not covered in standard insurance policies. Adding this coverage ensures these items are included in your policy.

Tyre Protection: Replacing tyres can be expensive. Tyre protection add-ons cover the cost of replacing your tyres when needed.

NCB Protection: No Claim Bonus (NCB) is a discount you receive on your premium for not making any claims. NCB protection ensures you retain this discount even if you make a claim, allowing you to make 1 or 2 claims per year without losing the NCB discount.

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Selecting good car insurance and adding the right add-ons can provide you with comprehensive coverage and peace of mind. Udayan Adhye's tips and recommendations for essential add-ons can help you protect your vehicle effectively. Remember, to review your policy regularly and update your coverage as needed to ensure you have the best protection for your car.