Typically, there isn’t any car insurance package that comes with coverage for engine failures. However, there are add-ons you can take in addition to your standard insurance package that may cover engine failure expenses. Also, most insurance packages will extend to engine failures if they are a direct result of an accident or another insured incident.
As bad as any fender bender accident is, adding engine failure to the mix is almost always guaranteed to make it worse. It’s on days like this you thank your stars you have an operational insurance policy. So whether you’ve been involved in an accident and your car won’t start after, or your vehicle broke down on your way to work, and it just won’t kick, your insurance package, among many other things, will determine who’ll be covering those expenses.
The exact nature and cause of the accident, not to mention your insurance coverage, often factors strongly into how much of your engine repairs you’ll have to pay out of pocket.
Insurance Packages That May Cover Engine Failure
Before delving any deeper, it bears mentioning that if you’re operating the necessary third party insurance package, no damage to your vehicle will be paid for by your insurance company. Elementary third-party insurance coverage only covers damages the other driver or vehicle might sustain during the accident. However, any of the following insurance packages may include the repair expenses for your engine.
Third-Party, Fire and Theft Coverage
This insurance package will cover all the engine repairs expenses if your engine was damaged as a result of theft, (perhaps if an engine component was stolen), or if the engine suffered damage as a result of a fire. Please note that you forfeit any rightful claims to a payout in the case of an accident if it is adjudged that you were at fault.
Significantly pricier than the third party, fire, and theft coverage, the full insurance coverage package makes up for this by covering even engine damage that occurs as a result of an accident. In addition to this, there are many add-ons you can include in your comprehensive coverage plan that can further insure you against any financial costs of repairing your car engine. However, you are likely to lose your NCD (No Claim Discount). It’s a small price to pay though for cover for those expense engine repairs.
Alternatively, if your car engine is damaged in an accident and the other driver admits fault, it falls directly on that driver to cover all the expenses for your engine repairs. Ultimately, the better your insurance policy is, the more likely it is that engine failures are covered in your package. Of course, the only way you can be 100% confident is to go through the fine print of your policy to determine what you’re insured for entirely.
Prevention is the cheapest cure. Keeping your engine in tiptop condition possibly reduces the chances of your car developing engine failure, but it might also reduce the cost of repairs, should the need arise. As an added precaution, holding an extensive insurance package might seem pricey initially, but ultimately, you’ll always be glad you did.