Enjoy worry-free driving during monsoon season with SBI General's Automobile Insurance.
As the monsoon season approaches, SBI General Insurance, one of the fastest-growing private general insurance firms in India, has issued a set of recommendations to ensure vehicle safety and peace of mind for drivers. With a nationwide presence of over 145 branches and a workforce of over 9,000 employees, SBI General Insurance offers a multi-distribution model that includes Bancassurance, Agency, Broking, Retail Direct Channels, and Digital collaborations, ensuring a vast network that includes over 22000+ SBI branches, agents, financial alliances, OEMs, and digital partners.
To navigate the increased driving risks during the monsoon, such as waterlogged streets, unexpected flooding, slippery roads, and reduced visibility, SBI General Insurance provides clear and specific advice on vehicle maintenance and insurance coverage.
**Motor Insurance Coverage:**
Ensuring comprehensive coverage for your motor insurance policy is essential. This type of policy protects against water-related damages such as flooding, waterlogging, and engine troubles when the vehicle is parked. For electric vehicle (EV) owners, SBI recommends purchasing an add-on or rider feature for battery coverage, as standard policies often exclude this. This additional coverage helps protect EV batteries during the monsoon.
**Vehicle Maintenance:**
Regular checks on critical components like brakes, tyres, wipers, and the exhaust system are crucial to maintain safety on wet, slippery roads. Frequently verifying the water availability for wiper cleaning is also important to ensure visibility is not compromised during heavy rains. To avoid potential engine damage and other water-related issues, it is advisable to avoid driving through waterlogged areas as much as possible.
**Driving Precautions:**
Exercising cautious driving in monsoon conditions, complemented by the above maintenance and insurance measures, is key to reducing risks on slick and flooded roads.
SBI General Insurance has received numerous prestigious accolades, including being named the winner in the Large General Insurance category at the Mint BFSI Summit & Awards. The company urges vehicle owners to review their insurance and make sure it's ready to handle monsoon-specific risks like water damage.
SBI General Insurance's offerings cater to Retail, Corporate, SME and Rural segments, and their diverse product portfolio ensures accessibility through both digital and physical channels. Their offerings include Comprehensive Motor Insurance, Third-Party Liability cover, and add-ons like Engine Protection, Zero Depreciation, and Roadside Assistance.
In FY 2024-25, SBI General Insurance reported a Gross Written Premium (GWP) of INR 14,140 crores, recording a YOY growth of 11.1%. Before every drive, it is recommended to ensure that lights, brakes, and tyres are in top shape.
By following these recommendations, vehicle owners can drive with confidence and peace of mind during the rainy season. SBI General Insurance encourages drivers to secure the right motor insurance coverage for protection against monsoon-specific risks.
- To ensure comprehensive protection during the monsoon, it's advisable for vehicle owners to review their motor insurance policy, particularly focusing on water-related damages and consider an add-on feature for electric vehicle battery coverage.
- In line with vehicle maintenance, regular checks on brakes, tyres, wipers, and the exhaust system are crucial to maintain safety on wet, slippery roads during the monsoon season.
- Exercising cautious driving, complemented by regular vehicle maintenance and proper insurance coverage, can significantly reduce risks on slick and flooded roads during the monsoon.
- SBI General Insurance, a recipient of numerous awards in the insurance industry, urges vehicle owners to secure the right motor insurance coverage to handle monsoon-specific risks like water damage and drive with confidence and peace of mind.
