HomeNewsBusinessPersonal FinanceCyclone Michaung: Car insurance policy will cover cost of most damage, but not engine malfunction

Cyclone Michaung: Car insurance policy will cover cost of most damage, but not engine malfunction

Unless you have opted for engine protection add-on cover along with your insurance policy, any damage to your car engine will not be covered by the insurer. Such damage can happen if you attempt to start the engine while the car is submerged in water

Maulik M

December 13, 2023 / 17:28 IST

Cyclone Michaung: Car insurance policy will cover cost of most damage, but not engine malfunction

Personal belongings inside car Whether you are travelling or have parked a car, if your belongings like mobile phones, laptops, etc., are stolen or damaged in the car due to fire or other accidents, an add-on cover from ICICI Lombard can help you. But the insurance will not cover your friend’s mobile phone in the car. Only belongings of yourself, spouse, children, parents or parents-in-law and grandparents are covered after the registration of a first information report (FIR) with the police.

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