The arrival of monsoon may be good news for people reeling under the heat wave, but certainly not for car and other vehicle owners. After all, heavy rains mean flooded streets and damage to vehicles, which can sometimes be very heavy on one’s pocket. Worse, while standard motor insurance covers accidental damages and many other things, monsoon-specific damages are not covered. For instance, engine damage due to water ingression will not be covered. Similarly, an standard policy will not pay for the depreciation amount on the repair and replacement of parts.
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