Exclusions In Car Insurance
A comprehensive car insurance policy covers a number of unforeseen conditions that result in any loss or damage caused to your car
. In the first place, a car insurance policy cover losses caused due to any natural calamities, theft or burglary, fire, and accidents. To be more precise, the natural calamities covered under a comprehensive car insurance policy essentially include flood, earthquake, landslide, rockslide, lightning, storm, typhoon, hurricane, tempest, cyclone, hailstorm and inundation.On the other hand, a car insurance policy also covers man-made calamities such as terrorist activities, riots, strikes, housebreaking and as already mentioned accidents, thefts and burglary. A number of insurance companies in India now also provide personal accident cover under a car insurance policy. The benefits you get largely depend on the type of car insurance policy you opt for and there may beare certain exceptions and exclusions, which you should definitely be aware of. Thus, it is always advisable to check on these exceptions with the insurance service provider before buying a car insurance policy. These factors also affect your car insurance premium in a significant manner.
What a car insurance policy does not cover?
While a car insurance policy protects you from the aforesaid calamities, it does not cover normal wear and tear inof the vehicle. Apparently, along with routine wear and tear, a card insurance is also not expected to provide any coverage against general repairs, mechanical or electrical breakdowns. Clearly, it also does not cover normal depreciation in the value of your car. You may avail of car insurance on the value calculated as per prevailing rate of depreciation, and figure out your car insurance premium for the next year accordingly; however, by no means car insurance coverage extends to depreciation.
Accidental damage excluded in certain cases
At the same time, there are exclusions when a car insurance policy would not cover even accidental damage. For instance, if it is evident that a car accident is a result of driver being drunk, your car insurance policy does not bring any coverage. Therefore, a car insurance policy is not effective in the condition of a drunk and drive case. It is applicable in case of drug consumption as well. Similarly, if it is found that the insured vehicle is damaged because of a driver who does not have a valid driving license, car insurance policy does not provide any benefit and you would not be able to raise any claims under such case.
Also, your car insurance policy may not provide you coverage against any damages caused due to warsriots, civil war and mutiny. Moreover, if a car is insured as a private car and used as a taxi or for any commercial purpose, the car insurance policy becomes ineffective.
Meanwhile, it is a frequently asked question whether a car insurance policy remains effective in case the car gets damaged or lost in another city or state, and the answer is yes car insurance service providers in India provide coverage across cities and the location does not matter as long as the vehicle is well within boundaries of the country.
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