Accessories Cover for Car Insurance

1. Accessories Cover for CarInsurance Yourcarisdefinitelyaniconthatreflectsyourpersonality,styleandaura.Almosteverycarowner likes to pamper their prized possession with different accessories. After all, these accessories enhance the beauty of your car. These car accessoriesare valuable and therefore needs to be insured. If you stay in an area that is theft-prone or a place that is more vulnerable for natural disasters than it becomes vulnerable to get these accessories for carinsured. Usually people neglect the essential add-on covers offered by the insurance companies alongwith the basic coverage and they opt for add-ons out of their requirement. But, accessories cover is usually given a miss while shopping for a good car insurancecoverage. Let’s have a look at the significance of getting your important car accessoriescovered. What is an Accessories Cover in Car Insurance? Though car accessories enhance the beauty of the car, most of the people fail to understand that it also improves the maintenance as well as comfort of the passengers in the car. Which is why, the ‘Loss of Accessories’ add-on cover should be added to your standard car insurancepolicy. If you have fitted classy and luxurious accessories like high-end stereo system, reverse camera, LCD TV, headlight/ taillight modification, etc. you should get the accessories cover. Remember, your basic car insurance will only apply in case of accidents or any damages, and not for your accessories fitted in yourcar. Loss of accessories by theft may be covered at an additional premium @ 4% of the value of the accessories specifically declared in the proposalform. What are the Types of Accessories in CarInsurance? Accessories are broadly classified as electrical and non-electrical. But, your comprehensive car insurance policy does not cover all theaccessories. Under the electrical fittings, we cover car accessories like spoilers with brake light, music system, fog lights, and air conditioners (If not a standard fitment). Non-electrical fittings such as non- electrical spoiler, seat covers, alloy wheels, interior fittings, etc. are covered on the value of such accessories under the own-damage tariff. If you plan of fitting a CNG/LPG kit to your car, you need to ensure the kit separately simply because, your base insurance policy would not cover any damage done to the kit during amishap.

2. Considering the unforeseen situations like an accident or a mishap, add on covers in motor insurance like accessories cover becomes beneficial to cover the least expected damages following any type of mishap. You can certainly save some of your money and energy from the troubleofre-investingforthenewaccessoriesatahugecost.Thoughcoveringyourcaraccessories may increase your premium to a certain extent, but would certainly fetch you peace ofmind. Conclusion Ideally,itmakessensetocovertheexpensiveaccessoriesforyourcar.Theaccessoriescoveradd- on would help you to provide a shield against any loss or damage to those valuable electrical and non-electrical car accessories. All you need to do is give an exact value of the accessories while buying the car insurance policy and justrelax.