When you purchase a car, it becomes an integral part of your daily life. It’s an expensive asset that needs to be protected from any unforeseen circumstances. This is why it’s essential to insure your car (also, mandatory under Indian law). For some people, choosing the right car insurance can be a daunting task as there are so many options and types of insurance policies available in the market. You may have already heard about ‘Bumper-to-Bumper’ insurance and wondered what it means! We have explained in this article everything about ‘Bumper to Bumper’ and if it’s the best option for you –
A bumper to bumper is an insurance cover that provides a more extensive coverage than comprehensive car insurance. It offers 100% cover for any damages to protect the metal, fiber, and rubber parts of your car. This is not provided as an individual policy but more so like an add-on – to the standard car insurance which you would purchase. It’s a ‘Zero Depreciation Cover’ so your insurance company will compensate you without deducting any depreciation. So, all in all, you’ll be getting back all the amount you would spend on repairs. This is an ideal cover for the following types of car owners –
- Luxury car owners
- Inexperienced car owners
- First-time car owners
- Car owners who are prone to car injuries while they drive (bumps, dents, etc.)
- If you stay in a location that is prone to natural calamities (earthquake, landslides, etc)
Accidents and repair costs of accidents can prove to be a financial setback for most people. A bumper to bumper cover can be of us in especially those times because –
- Complete coverage on the claim – no depreciation charged on the claim. This will insure that all the money you spend on repair will be returned back to you.
- For luxury car owners this is a great option since maintenance and repair cost on luxury cars is extremely expensive. A bumper-to-bumper policy can be a great financial decision in these cases.
- Paying a slightly higher premium amount over a period of time can ensure your car’s complete protection financially – which can mentally relax car owners.
If you think you’re the kind of individual who fits into the profile of a person who is vulnerable to frequent car damages, we highly recommend this insurance policy for you. The best way to determine if an add-on cover is for you is to research thoroughly before purchasing it. A comprehensive car policy does provide coverage against more standard damages but a bumper-to-bumper policy will give you 100% coverage from all damages. It does require you to pay a slightly higher premium, but if you are ready to bear the cost it definitely is a worth it add-on!
A bumper-to-bumper cover has its own advantages and disadvantages, you need to opt for a cover that is ideal for you in terms of coverage, premium amount, and overall financial portfolio. We offer Bumper-to-Bumper insurance policy as an add-on to the standard policy, check out the page to know more!
‘Bumper-to-bumper’ insurance is insurance that provides a more extensive coverage. No depreciation is charged on the claim. This is a great option for luxury car owners since maintenance and repair costs on luxury cars are extremely expensive.
Ride with the cover of safety, with car Insurance from Chola MS. Experience a truly hassle-free claims process, and a huge network of cashless garages that has you covered.