Insurance Curator 
Add-on Covers in Auto Insurance: Are They Worth It?
When it comes to auto insurance, there’s a lot more to consider than just the basic coverage. Add-on covers, also known as riders or endorsements, are additional protections you can purchase to enhance your policy. But are they worth the extra cost? Let’s dive in and find out.
What are Add-on Covers?
Add-on covers are optional extras that you can add to your auto insurance policy for an additional premium. They offer extra protection for specific situations that may not be covered under your standard policy. Some common add-on covers include roadside assistance, rental car reimbursement, and gap coverage.
The Benefits of Add-on Covers
One of the biggest benefits of add-on covers is the peace of mind they provide. For example, if you’re in an accident and your car is in the shop for repairs, rental car reimbursement can cover the cost of a rental car so you’re not stranded without transportation. Or, if you’re on a road trip and your car breaks down, roadside assistance can come to your rescue.
Real-World Examples
Let’s say you’re driving home from work and you get a flat tire. If you have roadside assistance as an add-on cover, you can call for help and someone will come to change your tire for you. Or, if you’re in an accident and your car is totaled, gap coverage can pay the difference between what your car is worth and what you still owe on your loan or lease.
Are Add-on Covers Worth It?
The answer to this question depends on your individual needs and circumstances. If you have an older car that’s paid off, you may not need gap coverage. But if you have a new car with a loan or lease, it could be a lifesaver. Similarly, if you don’t drive often or have access to another car, rental car reimbursement may not be necessary. But if you rely on your car for daily transportation, it could be worth the extra cost.
The Cost of Add-on Covers
Add-on covers do come with an additional premium, but the cost can vary depending on the cover and your insurance provider. It’s important to weigh the cost against the potential benefits and decide if it’s worth it for you. Keep in mind that some add-on covers may also have a deductible, so be sure to read the fine print before making a decision.
Conclusion
Add-on covers can provide valuable protection for specific situations that may not be covered under your standard auto insurance policy. While they do come with an additional cost, the peace of mind they provide can be worth it for many drivers. It’s important to consider your individual needs and circumstances when deciding if add-on covers are right for you. As with any insurance decision, it’s always a good idea to shop around and compare options before making a choice.