Motor Insurance in India & Add-Ons

August 22, 2025

Motor insurance in India helps vehicle owners protect themselves against accidents, theft, or natural calamities. While a basic policy offers essential coverage, various add-ons enhance protection and provide customized solutions.

Types of Motor Insurance Policies

Third-Party Liability Insurance: Mandatory under Indian law, covers damages to third parties including injuries and property.
Comprehensive Insurance: Covers both own vehicle damage and third-party liabilities.
Standalone Own Damage (OD) Policy: Covers only the own damage of the vehicle.

Popular Car Insurance Add-Ons

Zero Depreciation Cover: Full replacement value without deduction for depreciation.
Engine Protection Cover: Covers engine damage due to water ingression, oil leakage, or hydrostatic lock.
Roadside Assistance: Emergency services including towing, battery jump-start, flat tyre help, and fuel delivery.
Return to Invoice (RTI): Compensation equal to the original invoice value in case of total loss or theft.
Consumables Cover: Covers expenses for engine oil, brake fluids, coolant, etc.
Key Replacement Cover: Covers the cost of replacing lost or damaged keys.
No Claim Bonus Protection: Retains your NCB discount even after a claim.
Tyre Protection Cover: Covers tyre damages due to accidents or road hazards.
Personal Belongings Cover: Covers laptops, phones, or personal items stolen or damaged in the vehicle.
Daily Allowance Cover: Daily cash allowance if the vehicle is under repair or stolen.

Leading Insurers and Add-On Offerings

HDFC ERGO: Zero Depreciation, Engine Protection, Roadside Assistance.
Reliance General Insurance: Pay-As-You-Drive, Nil Depreciation, Return to Invoice.
Tata AIG: NCB Protection, Engine Protection, Consumables Cover.
Bajaj Allianz: Zero Depreciation, Return to Invoice, Roadside Assistance.
Digit Insurance: Engine Protection, Key Replacement, Consumables Cover.

Tips for Choosing Add-Ons

Assess vehicle age and usage to select relevant add-ons.
Consider driving environment, e.g., flood-prone areas may need Engine Protection.
Evaluate personal needs like carrying valuable items.
Compare insurers to find the best coverage options.

Enhancing your motor insurance with suitable add-ons provides peace of mind and comprehensive protection. Always consult with insurers to understand coverage and exclusions.

Disclaimer: The content on this page is for informational purposes only and does not constitute financial or insurance advice. Policy terms, coverage, and add-ons vary between insurance companies. Please consult the official insurer's website or licensed insurance agent before making any purchase or claim.