Road accidents are a common occurrence in the densely populated towns and cities in India. Keeping this in mind the Indian government, through the Motor Vehicle Act of 1988, has mandated vehicle insurance owners to purchase third-party limited liability insurance. Insurance allows you to withstand the financial damages caused to third party individuals and their vehicles/property. You can also enhance your protection by investing in comprehensive car insurance plans that provide better coverage beyond the scope of third-party liabilities. Additionally, you can opt for bumper-to-bumper insurance for car. Find out what it means in this article.

Bumper-to-bumper insurance: Meaning

A bumper-to-bumper cover is an addition to your comprehensive car insurance policy that offers 100% coverage for damages. If you include it as a rider with your base policy, you can claim complete compensation for the repair or replacement of fibre, rubber, and metallic components of the car. However, the costs arising due to normal wear and tear caused by everyday usage are not taken into account. Bumper-to-bumper cover is also known as a zero-depreciation cover.

Exclusions in car insurance bumper-to-bumper add-on

You cannot claim compensation under the bumper-to-bumper car insurance add-on rider under the following circumstances:

• If your car's age (from the date of purchase) exceeds five years.
• If the damage is caused by water ingression, oil leakage, etc in the engine.
• If the accident or mishap results due to driving while being intoxicated.
• If you are caught driving without a driving license.
• If you use your private vehicle for commercial purposes.
• If you fail to raise the claim within the claim-filing window.
• If you file a claim to compensate for wear and tear of the vehicle.
• If you have not renewed your car insurance policy.

Benefits of car bumper-to-bumper insurance cover

The bumper-to-bumper add-on comes with the following benefits:

• Negates the impact of depreciation.
• Allows you to claim compensation for repair or replacement of certain vehicle parts.
• Covers you for most of the major repair expenses.
• Covers the cost of repairing or replacing components of regular and luxury automobiles, which may otherwise prove expensive.
• Enables you to get 100% compensation in case your vehicle is damaged or totalled in accordance with the policy terms.

Points to consider before selecting bumper-to-bumper insurance for car

You must consider the below-mentioned factors while determining whether to opt for bumper-to-bumper insurance coverage for your vehicle:

• Make, model and age of your car.
• The extent of coverage provided by the insurer.
• The premium charged by the insurer.
• Cap on the number of accepted claims.
• Impact on the overall insurance cost.

Get complete protection with bumper-to-bumper car insurance cover

With the bumper-to-bumper car insurance rider, you can rest assured that your insurer will cover the significant expenses associated with vehicle damage. You typically need to buy the cover when you first buy your car, or while renewing it during the first few years as it is valid only for five years. Note that you cannot obtain this cover with third-party liability plans. You must, therefore, invest in comprehensive car insurance plans. You can buy car insurance online directly on the insurer's websites or download the App from the Play Store or App Store.

Disclaimer: The above information is indicative in nature. For more details on the risk factor, terms and conditions, please refer to the Sales Brochure and Policy Wordings carefully before concluding a sale.