Vehicle Insurance Riders
What is Vehicle Insurance Riders?
Vehicle insurance riders are additional coverages you can purchase to supplement your standard auto insurance policy. These riders offer protection for specific situations, such as roadside assistance, zero depreciation coverage, engine protection, or coverage for accessories and modifications. By adding riders, you can customize your policy to better suit your individual needs and driving habits.
At SenseInsur, we provide a wide range of vehicle insurance riders to enhance your coverage and ensure comprehensive protection. Whether you’re looking for extra security or specialized benefits, our riders help safeguard your vehicle from unforeseen risks, giving you greater confidence on the road.
With flexible options, SenseInsur makes it easy to choose the riders that best fit your lifestyle. Our expert advisors guide you in selecting the right add-ons to maximize your coverage. Protect your vehicle today with SenseInsur’s tailored rider options.
Our Vehicle Insurance Riders
- ZERO DEPRECIATION – Zero depreciation is an add-on to car or bike insurance that provides full coverage for the cost of replacing or repairing damaged parts without deducting depreciation.
- 24*7 ROAD SIDE ASSISTANCE – 24×7 Roadside Assistance is An add-on which provides various services in emergency situations like flat tyre repair, fuel delivery, breakdown repair services, car towing, minor servicing etc. on the road.
- ENGINE PROTECTION COVER – An engine protection cover is an optional add-on to a vehicle insurance policy that provides financial protection for engine damage. It covers the cost of repairing or replacing engine parts that are damaged.
- NCB PROTECTOR (NO CLAIM BONUS)- This bonus is an add-on. A car owner gets this bonus from the insurance company for not raising any claims in a policy year
| SNO | YEARS WITHOUT CLAIM | NCB |
|---|---|---|
| 1 | 1YEAR | 20% |
| 2 | 2YEAR | 25% |
| 3 | 3YEAR | 35% |
| 4 | 4YEAR | 45% |
| 5 | 5YEAR | 50% |
- KEY & LOCK REPLACEMENT – The Key Replacement Cover is an add-on which provides coverage for the cost of replacement of the insured car’s key if the key is lost, damaged, or stolen.
- DAILY ALLOWANCE – A daily allowance rider, also known as a downtime allowance, can provide a daily allowance to cover the cost of a rental vehicle while your vehicle is being repaired.
- INVOICE PRICE – The invoice price is nothing but the final price you pay to the dealer when purchasing a new car. It is also called on-road price, as it is the cost you have to pay to drive the vehicle from the showroom.
- PA COVER (PERSONAL ACCIDENT) – Most auto insurance policies in India are available with this rider. In case, the plan doesn’t cover personal accident, you must add it in your plan. This rider will cover you against the following:
· Permanent partial/total disability