We are sure most of you know that third party insurance is mandatory for all vehicles on road in India. And honestly it is a wise decision to have your vehicle insured simply because it acts as a shield to your savings against damage or loss due to accidents. When you purchase an insurance cover for your vehicle, it is always a base policy that gives you adequate cover as per the Insured Declared Value (IDV) that you choose. While a third-party insurance covers you against any third-party liability arising out of an accident caused by your vehicle, a comprehensive policy insures both, damages to your own vehicle and third-party liability in case of an accident.
Whatever plan you choose to purchase, remember that they all come with a host of add-on covers that you can purchase separately to get wider coverage. From consumables to lost keys and from engine protection to accessories, there is an add-on cover for all this and more.
Let’s discuss about accessories cover today. This add-on gives you coverage against any loss or damage to the accessories in your vehicle like music systems, reverse camera, TV systems, etc.
So often we hear people say that a home reflects the personality of its owner. Wall colours, décor, electrical fittings, everything in a home is according to personal tastes. The same is also true of a car and car owner. Choosing accessories like seat covers, music system, lights, etc. for your car is also a matter of personal choice. And when you spend time and money to give your car the luxurious feel, it makes sense to purchase the Accessories add-on cover.
Who should buy the accessories add-on cover
Today, the number of cars on road have increased but proper and secure parking spaces are becoming a challenge. With space being at a premium in our cities, not all will have adequate parking spaces available within their housing societies and workplaces. At such times, our cars are parked in common areas or even unsecured spots that may expose the car to unlawful elements. While your car insurance safeguards you against losses and damages from accidents, you also need to think of the times when your car is parked at an unsecured place and faces the risk of theft.
Similarly, if you reside in an area that faces flooding, landslides or other natural calamities, it makes sense to widen the coverage of your car insurance and get the accessories covered as well.
Also, if you are someone who purchases top-of the-line accessories for your car, make sure your high end purchases are secure with the accessories add-on.
Anywhere, Anytime insurance with the Bajaj Finserv App
If you have already purchased a car insurance plan but have not opted for the Accessories add-on, you can do so at any time. If you are close to renewal of your car insurance, then renew it through the Bajaj Finserv App. Our platform gives you a fully digital, zero paperwork buying experience where you can choose, compare, select add-ons of your choice and buy a plan within minutes.