As vehicles become increasingly sophisticated and customer expectations evolve, vehicle owners are seeking more comprehensive insurance solutions that offer enhanced protection, flexibility, and convenience. While standard motor insurance policies cover major risks, industry experts emphasize that carefully selected add-on covers can significantly strengthen financial protection against accidents, damages, and unforeseen vehicle-related incidents.
SBI General Insurance has identified several key motor insurance add-ons that vehicle owners can consider to improve coverage and ensure greater peace of mind.
Among the most significant is the Engine Guard cover, which provides protection against damage caused by water entering the engine and gearbox components. Since engine repairs often involve substantial costs, the add-on helps policyholders manage expenses arising from water-related mechanical damage.
For electric vehicle owners, Battery Guard has emerged as an essential protection feature. The cover safeguards internal components of the traction battery, Battery Management System (BMS), and the electric vehicle drive system against damages caused by risks such as water ingress and short circuits.
Another widely sought-after add-on is Zero Depreciation Cover. Vehicle repairs following accidents frequently result in depreciation deductions on replaced parts, increasing the financial burden on owners. The cover eliminates depreciation deductions on eligible parts during approved claims, enabling policyholders to receive higher claim amounts while reducing out-of-pocket expenses.
Consumables Cover offers additional support during vehicle repairs by covering the replacement costs of consumable items such as engine oil, brake oil, lubricants, nuts, bolts, washers, and other related components when the damage falls within the scope of policy coverage. This helps ensure a more complete and seamless repair process.
Roadside Assistance remains another important add-on for motorists. The service provides support during vehicle breakdowns and emergency situations, helping customers access timely assistance and resume their journeys with minimal disruption.
Commenting on the changing requirements of vehicle owners, Udayan Joshi, Chief Operating Officer of SBI General Insurance, said that India’s road infrastructure landscape is undergoing rapid transformation, prompting customers to seek insurance solutions that match their evolving needs and provide greater confidence on the road. He noted that every customer has unique requirements, making the appropriate combination of motor insurance coverage and add-on protection critical for ensuring a secure ownership experience. He added that SBI General Insurance continues to offer customized motor insurance solutions designed to strengthen customer protection and provide timely support during unexpected situations.
The company stated that comprehensive motor insurance coverage has become increasingly important as consumers place greater emphasis on protecting their vehicles against a wide range of risks. SBI General Insurance’s motor insurance policies provide financial protection against accidents, vehicle damage, theft, and natural calamities. Customers also benefit from access to more than 8,400 network garages, enabling convenient and hassle-free repair services during emergencies.
SBI General Insurance offers motor insurance plans that can be customized according to individual requirements. The company provides approximately 20 add-on covers, including enhanced roadside assistance, engine protection, zero depreciation cover, tyre and rim protection, and other solutions designed to address specific vehicle-related risks. The policy also includes third-party liability coverage for injury or death of third parties and damage to third-party property, along with personal accident coverage for vehicle owners and passengers.
The company said that comprehensive insurance coverage, regular vehicle maintenance, and responsible driving practices remain essential components of a secure vehicle ownership experience, helping customers maintain confidence and financial protection throughout the life cycle of their vehicles.
SBI General Insurance, established in 2009 and backed by the State Bank of India, has expanded significantly over the years. Its branch network has grown from 17 branches in 2011 to 182 branches nationwide. During the financial year 2025-26, the company reported Gross Direct Premium of ₹15,904 crore, registering a year-on-year growth of 14.5 per cent.
The insurer has received several industry recognitions, including Domestic General Insurer of the Year – India and Claims Initiative of the Year – India at the Insurance Asia Awards 2025 in Singapore. It was also recognized as Smart Insurer for the Year 2025 at the ETNOW Insurance Summit and Awards 2025, India’s Leading General Insurance Company (Mid) at the 18th edition of the Dun & Bradstreet BFSI and Fintech Summit 2026, and Best General Insurance Company of the Year at the Fourth Edition of the Future of Insurance Summit 2025.
In addition, SBI General Insurance was certified as a Great Place to Work in 2025. The company also received recognition at the Eighth ICC Social Impact Award 2026 for its corporate social responsibility initiative, Project Mission for Vision in Meghalaya, and was honored at the ET NOW Champions of CSR 2025 awards.
With a workforce exceeding 9,900 employees and a multi-distribution model spanning bancassurance, agency networks, original equipment manufacturers, broking, retail direct channels, and digital partnerships, the company continues to expand its reach across India. Supported by a network of more than 23,000 State Bank of India branches, agents, financial alliances, original equipment manufacturers, and digital partners, SBI General Insurance serves retail, corporate, small and medium enterprise, and rural segments through both digital and physical channels.
The latest growth in vehicle registrations, coupled with increasing demand for customized insurance protection, underscores the growing importance of comprehensive motor insurance solutions. As vehicle ownership rises and technology continues to evolve, insurers are focusing on broader coverage options and specialized add-ons to address emerging risks and enhance customer protection across India’s rapidly expanding automobile market.
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