The latest two cyclones – Tauktae and Yaas – have wreaked immense havoc on the western and japanese coasts of India, respectively. A number of areas of the nation, together with Orrisa, West Bengal, Gujarat, Goa, Maharashtra, Daman and Diu and plenty of extra, have submerged within the wake of heavy rainfall as a result of two cyclones. The damages have been brought about to not solely hundreds of homes and different properties, but in addition to a number of automobiles parked on the roads. The robust gushing winds as a result of cyclone have uprooted tons of of timber and poles inflicting them to fall on automobiles parked alongside the roadside. Actually, even the social media is flooded with photos of automobiles submerged within the rainwater.
In quite a few incidences the place the automobiles get broken because of rainwater, it’s noticed that the rainwater can considerably harm a number of essential parts of the car inflicting extreme harm to the engine, electrical system and the transmission. Typically, the bills to restore these essential elements can go as excessive as Rs 2 – Rs 3 lakh. Nevertheless, fortunately in case your car is broken because of pure calamities, you’ll be able to declare insurance coverage supplied you could have a sound motor insurance coverage coverage.
A complete motor insurance coverage coverage bears the price of the repairs of a car broken because of pure calamities like cyclones, lightning, earthquakes, landslide, floods, hurricanes, storms, typhoons, and inundation.
Insurance coverage Performs an Necessary Function
In case your car was broken within the latest cyclone, it’s best suggested to achieve out to your insurer on the earliest and comply with the steps as suggested by the agent to get your car repaired. Earlier than you make any self-attempts to get your car repaired, it higher to comply with the directions of your insurer and never method any native mechanic. Earlier than submitting a declare for car broken because of floodwaters, it is very important know that declare course of in such a state of affairs is relatively longer than an everyday declare like for accident of the car.
There are a few issues that should be stored in thoughts and strictly adopted to make sure that your declare will not be rejected. The most important mistake that most individuals make with their car broken because of floodwater is attempting to start out the car. Individuals have this false notion that by beginning the engine, the engine will get heated up which can ultimately drain all of the water out. Nevertheless, this isn’t true and doing so is the most important mistake.
If you begin the engine, the water enters some inside elements of the engine like pistons of the car that lead to hydro locking. Do bear in mind, as soon as your car will get hydro-locked, the insurer can immediately reject your declare as this was accomplished because of your mistake. That is the rationale why it’s at all times urged to immediately get your broken car toed to the workshop.
Purchase Vital Add-ons
Whereas it is very important spend money on add-ons like Zero Depreciation, Key and Lock Substitute, Cowl and Return to Bill to make your motor insurance coverage plan far more complete, there are another lesser-known add-ons as effectively that should be purchased for ample protection. One among them is Engine Safety cowl that is essential to assert protection for damages to the engine. If the engine of your is broken because of flood water or heavy rainfall, your normal automobile insurance coverage coverage wouldn’t pay for the damages as automobile engine will not be included underneath an ordinary coverage.
To cowl this value, you’ll need to spend money on an Engine Safety Cowl. Aside from damages because of rainwater, this add-on additionally protects the engine towards damages because of oil and different equipment. This add-on is a must have insurance coverage characteristic to avoid wasting a considerable sum of money at a nominal premium value of 0.15% to 0.20% of the Insured Declared Worth (IDV).
(By Utpal Raman Sharma, Head-Automotive Insurance coverage, Policybazaar.com)