The monsoon season in India can be challenging for car owners, with heavy rains, flooding, and waterlogging affecting nearly every region. In fact, over 90% of Indian cities face waterlogging and flooding problems during this time, leading to significant vehicle wear and tear and related costs. To mitigate these risks, having the right insurance coverage is crucial. Royal Sundaram’s motor insurance add-ons can provide the extra protection needed to keep vehicles secure during the monsoons.
One of the key add-ons offered by Royal Sundaram is the Depreciation Waiver Cover. This cover allows policyholders to claim the full value of plastic and metal parts without any deduction for depreciation during an accident claim. This means that policyholders can receive the complete cost of replacement parts, regardless of their vehicle’s age, without having to pay out of pocket for depreciable parts.
Another useful add-on is the Windshield Glass Cover, which ensures that policyholders can repair or replace their windshield without affecting their No Claim Bonus (NCB). This cover is especially beneficial, as it protects the accumulated bonus despite making a claim. The Windshield Glass Cover is applicable only for the first claim of windshield glass replacement within the year.
The Aggravation (Damage) Cover Clause is also an essential add-on, as it insures a vehicle’s internal parts against water damage and accidental leaks. This cover provides compensation for repairs or replacement of internal parts, such as the engine, gearbox, and transmission, due to leakage of lubricating oil or coolant, water ingression, or other accidents. The cover also includes labor costs for repairs and replacement, as well as necessary lubricants and consumables.
Royal Sundaram’s motor insurance add-ons are designed to provide policyholders with peace of mind during the monsoon season. According to Mallikarjun Mallannavar, Chief Claims Officer at Royal Sundaram, “We’re proud to offer proactive, accessible solutions that effectively address our customers’ needs. Our monsoon-specific offerings are crafted with a thorough understanding of the challenges Indian drivers face during the season.” With Royal Sundaram’s add-ons, policyholders can drive with confidence, knowing that they are protected against the risks associated with the monsoon season. By investing in these add-ons, car owners can ensure that their vehicles are well-protected and that they are prepared for any eventuality.