Archive · 23 Jul 2025
Insurance Add-Ons for Vehicle Buyers: What You Need to Know
Buying a car is a big deal!
When you get insurance, 'comprehensive' sounds good, but it might not cover everything.
You can add extra insurance, like zero depreciation, which pays for new parts, even if they get old.
Engine protection helps if water damages your car's engine.
Return to Invoice pays the full price if your car is stolen.
These add-ons don't cost much, but they can save you from big bills later on.
Be sure to ask about add-ons!
Comprehensive car insurance may not cover everything; add-ons can be crucial.
Zero depreciation covers full replacement costs of parts, Engine protection covers engine damage from water or leaks, and Return to Invoice covers the original vehicle value in case of theft.
These add-ons typically cost ₹3,000–₹5,000 annually for a vehicle priced ₹8–10 lakh.
Many insurance claims are rejected or partially paid due to lack of understanding of policy exclusions.
In 2023, Delhi NCR alone reported over 44,000 vehicle thefts
- Who
- First-time vehicle buyers
- What
- Important add-ons for vehicle insurance are zero depreciation, engine protection, and return to invoice.
- When
- These add-ons are beneficial when purchasing or renewing insurance plans.
- Where
- India
- Why
- To ensure complete coverage, protect against financial loss, and avoid unexpected repair costs.
Vehicle Owners
Insurance Companies
Coverage
Vehicle Owners
Desire for comprehensive insurance coverage
Insurance Companies
Limited coverage in standard plans
- Add-on Cost (per year)
- ₹3,000–₹5,000
- Zero Depreciation
- Covers 100% part replacement cost
- Engine Protection
- Covers engine repair/replacement costs due to water damage, oil leaks.
- Return to Invoice (RTI)
- Covers original invoice value in case of theft or total loss
- Vehicle Thefts in Delhi NCR (2023)
- Over 44,000