Add-on covers, or riders as they are also known, are extremely beneficial car insurance products. You need to buy them at an added cost when you buy car insurance online. However, they offer so many added benefits that the extra cost hardly makes a difference. There are some excellent riders like the Zero Depreciation Car Insurance rider, the Engine Protection rider, etc. Take a look at this article to understand how you should select your riders to get the best value out of your overall car insurance coverage.
Tips to select the best car insurance riders
Here are some tips for you to select the ideal riders when buying or renewing car insurance online
Assess your needs – First and foremost, you must remember that insurance requirements are individualistic. This means that a cover that suits your neighbor won’t automatically be suitable for you as well. You need to therefore assess your requirements first and see which Add-on covers would be of use to you. Go through the inclusions and exclusions of the available riders and understand what they cover and not cover. If you feel a particular rider would be of use to you, only then go ahead and make a purchase.
Keep the age of the car in mind – A brand new car would need a higher degree of protection as compared to an older car that you may consider to sell. So, keep the age of the vehicle in mind when you look for the Add-on covers. For example, a new car would benefit from the Zero Depreciation Car Insurance cover. An older car may need a Roadside Assistance rider. So, the age of the car would definitely come into play when the riders are being selected.
Compare – Next, you need to compare car insurance to not just find the best plan but also to see what riders are available. At times, insurance providers offer built-in riders with certain policies. If you find such a plan, do consider going for it as you would get a higher cover at a lower cost.
Keep an eye on your budget – Everyone wants the highest degree of cover and protection for their beloved cars. However, you need to be practical when choosing the riders. Don’t go overboard and buy every available rider. Doing this would push up the premium considerably as every single rider comes at an added cost. Keep an eye on your budget and only get the riders that you think are necessary. Compare car insurance online to get the best prices and save money when you get the covers.
Keep the geographic location in mind – If you live in a place that is prone to flooding, you may need an Engine Protection rider. If you live in a remote area, you may need the Roadside Assistance rider. So, choose your riders in such a way that they deliver to the highest degree when you need them to do so.
Check different deals and offers – Many a times, online insurance providers offer deals and discounts when you are about to buy or renew car insurance online. Check out these deals to make some great Add-on purchases and a wide-ranging policy.
Drop and buy riders as needed – Car insurance needs change over time. So, every time you renew your plan, re-evaluate the riders and see which ones you need to carry on with and which ones have become redundant.
The bottom line
Keep these practical tips in mind and you will never be confused about choosing the correct set of Add-on covers. Also, drop the ones you do not need and get new ones if there is a requirement during policy renewal.