Understanding Nut And Bolt Coverage In Car Insurance


Coverage In Car Insurance

Understanding consumables in motor insurance is crucial for car owners. Consumables like nuts, bolts, and engine oil require frequent replacement due to wear and tear. While standard comprehensive car insurance doesn’t cover consumables, add-ons like consumable coverage offer financial protection. This article explores consumables in car insurance, their coverage, and the benefits of such add-ons.

Coverage For Consumables In Car Insurance: An Overview


Consumables in car insurance refer to parts like brake pads, engine oil, and nuts/bolts that can’t be reused due to wear and tear. Standard car policies don’t cover their replacement costs, but consumable coverage add-ons extend protection to these essential items. Claims are subject to terms and conditions set forth under the motor insurance policy. *

Items Covered By Consumable Coverage:

Consumable coverage typically includes reimbursement for the replacement costs of the following items:

  • Motor oil
  • Brake oil
  • Oil filter
  • Lubricants
  • Gearbox grease
  • Nuts and bolts
  • Distilled water
  • Cleaners
  • Gas for air conditioners
  • Coolants
  • Additional comparable items *

Exclusions For Consumables Add-On Coverage:

Specific exclusions apply to consumable add-on coverage, and policyholders cannot submit claims under the following circumstances:

  • Mechanical or electrical malfunction
  • Delay in notifying the insurance provider
  • Component wear and tear on the vehicle
  • Driving without a valid license
  • Operating a vehicle under the influence of drugs, alcohol, or any other substances

Filing A Consumable Expense Claim:

To file a consumable expense claim with a motor insurance provider, policyholders must promptly notify the insurance company of the need for replacement. Two common methods for settling claims include:

Cashless Claims:

Utilize the extensive network of garages provided by the insurance company. The insurance company pays the network garage directly for consumable replacement, and the policyholder only covers the deductible. Notify the insurance company, arrange a network garage inspection, and ensure that the insurance executive communicates with the mechanic before initiating repairs. Claims are subject to terms and conditions set forth under the motor insurance policy. *

Reimbursement Claims:

Choose any network garage for repairs. Pay for the consumable replacement upfront.

Submit the network garage bill and supporting documents to the insurance company for reimbursement. Notify the insurance company before repairs, and a surveyor may be dispatched to examine the damage. Claims are subject to terms and conditions set forth under the motor insurance policy. *

Documents Required For Consumable Claim:

When filing a consumable expense claim, policyholders need to submit the following documents:

  • Repair bills and receipts
  • Car details and current insurance policy information
  • Notification to the insurance provider about the repair or consumable replacement

Benefits Of Consumables Covered By Car Insurance:

The inclusion of consumables in insurance coverage offers several benefits:

Cost Savings: Policyholders save money by including consumable coverage in their policy, avoiding out-of-pocket expenses for minor repairs or replacements. ##

Comprehensive Coverage: Consumers enjoy peace of mind knowing that their car insurance is more extensive, covering consumables beyond standard policies.

Understanding consumables in car insurance is pivotal for responsible car ownership. While standard policies may not cover consumable replacements, add-ons like consumable coverage offer a cost-effective solution. For those looking to enhance their policy comprehensively, including consumable coverage can be an innovative and affordable addition. Before buying car insurance online, comparing car insurance quotes from providers ensures you make an informed decision tailored to your needs. Simplify your claim process with user-friendly procedures, making consumable replacements a hassle-free aspect of your car insurance journey. Make sure you do the process for car insurance renewal on time. Claims are subject to terms and conditions set forth under the motor insurance policy. *

* Standard T&C Apply

## All savings are provided by the insurer as per the IRDAI-approved insurance plan. Standard T&C apply.

Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.

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