Car Insurance August 16, 2021

Raheja QBE offers a wide range of products designed according to people’s needs — Liability Only (Private Car Policy), Private Car Package Policy, Private Car Policy (Bundled) and Standalone Own Damage Policy. These plans help individuals protect their car from any unfortunate event such as own car damage or third-party liability. Besides, it also offers a wide range of add-on covers that you can choose (with an additional premium payment) to enhance your insurance coverage.

On this page, we will talk about these different Raheja QBE Car Insurance Add-on Covers in detail so that you can understand better. Let’s start!

Different Add-on Covers to Choose With Raheja QBE Car Insurance

As we said, car insurance add-on covers help individuals enhance their insurance coverage. However, you should know that these add-on covers will only be available with comprehensive and standalone own-damage car insurance and not with third party insurance.

We have discussed different Raheja QBE Car Insurance Add-on Covers in detail below. Please check.

Consumable Expenses Cover

This add-on will cover the cost of consumables that need to be replaced or replenished due to an accident of the insured vehicle. Under this add-on cover, the consumables will include the following things.

  • Engine oil
  • Gearbox oil
  • Lubricants
  • Nut & bolt
  • Screw
  • Distilled water
  • Grease
  • Oil filter
  • Bearings
  • Washers
  • Clip
  • Brake oil
  • Fuel filter
  • Air conditioner gas and items of similar nature excluding fuel

Daily Conveyance Benefit

This add-on helps you in situations where your car is at the garage for repair, and you need to hire another car or public transport for daily conveyance. This add-on compensates policyholders for the transportation cost during the repair period (due to non-availability of your car) by any of the following methods.

  • Paying a fixed allowance per day
  • Providing an alternate vehicle
  • Offering coupons from taxi operators for an amount equal to allowance per day

Note: In case of the theft of your vehicle, you will get the daily conveyance benefit as a lump sum amount if your vehicle is not recovered within 90 days.

Engine Protector

When you choose this add-on cover, Raheja QBE will cover against the expenses incurred on repair and replacement for the consequential loss or damage to the following –

  • Internal parts of the engine of your car
  • Gearbox, Transmission or Differential Assembly

Note: The loss or damage should happen due to the ingress of water in the engine or leakage of lubricating oil from the engine or respective assembly. Also, in case of water damage, you will need to show evidence of the insured vehicle being submerged or stopped in a water-logged area.

Key Protect Cover

This add-on cover will provide reimbursement for the cost of replacing the lost or stolen keys of your insured vehicle. Other than this, you will also get break-in protection that will help you get reimbursement for the cost of replacing your locks and keys in case of a car break-in. You can also get the cost of installing new locks in your vehicles in the event of a security risk due to lost keys.

Note: This add-on will cover up to 10% of the claim amount or INR 500 (whichever is higher).

Loss of Personal Belongings

If you leave your car unattended or it gets stolen and you or your family lose possession of personal belongings (clothes, mobiles, laptops, i-Pads, etc.), this add-on will pay for the loss and damage of the same. The maximum coverage amount under this add-on will be 10% of the claim amount (a minimum of INR 500) for every claim.

Note: You will need to file a police report to get a claim due to burglary and theft.

NCB Retention Cover

When you don’t make a claim for your car insurance in a policy year, you get a certain discount on the premium at the time of renewal of your policy. It is known as the No Claim Bonus (NCB) discount and ranges from 20% to 50% on the premium amount. With the NCB retention add-on cover, you can protect your no claim bonus even if you make a small claim during the policy term. The benefit of this add-on cover applies to one approved accidental claim only during the insurance period.

Tyre & Rim Protector

This Raheja QBE Car Insurance add-on cover will cover the expenses incurred on repair and replacement due to accidental loss or damage to the tyres and tubes only. The maximum coverage amount will depend on the unused tread depth of the respective tyre. To know more, check the below table.

This add-on will also cover the cost of repairs or replacement of the damaged rim if it is physically damaged or warped as a result of a blowout during the coverage period. The cover also includes any service or labor charges incurred during replacement or repairs of the damaged tyres and rims of the insured vehicles.

Unused Tread Depth of TyreCoverage Limit 
Less than 3 mm Considered as normal wear and tear and is not covered
>=3 to <5 mm 50% of cost of new tyre and/or tube
>=5 to <7 mm75% of cost of new tyre and/or tube  
>=7 mm 100% of cost of new tyre and/or tube

Zero Depreciation Cover

Under this add-on, Raheja QBE will cover the amount of depreciation deducted on the value of the insured vehicle’s parts replaced under its damage claim.

If there is no replacement of any part and consequently, no depreciation is deducted, it will not be considered as a claim under this add-on. To get this claim, the vehicle should be repaired at any of Raheja QBE’s authorized garages, workshops or service stations.

The additional premium of the zero depreciation car insurance add-on depends on three factors – age and model of your car, and the city where you drive it.

Return To Invoice

With this add-on cover under Raheja QBE Car Insurance, you can get the invoice value of your car. This add-on will pay the difference between the amount you receive and the purchase price of the vehicle as confirmed in the sale invoice.

The insurer will also reimburse the first-time registration charges, road tax incurred on the insured vehicle, and applicable cost on insurance (sum of own-damage car insurance premium and current year third party premium).

People Also Read