Switch to the 5 Star Rated Insurance

Trusted by 1.5 crore customers

COVID-19 covered

Health
Car
Bike
Commercial
COVID-19 covered

Travel
More Products

Enter Your Car Registration number

Mobile Number

+91

Enter Mobile Number to Proceed

+91

OR ENTER YOUR CAR NUMBER

DON'T KNOW YOUR CAR NUMBER?

or renew digit policy

I agree to the Terms & Conditions

Registration Number

{{(bikeCtrl.bikeLocalStorageValues.vehicle.isVehicleNew)?'New bike registration city':'City'}}

{{bikeCtrl.pincodeErrorMessage}}

Previous policy expiry

Not Expired

Expired

DON'T KNOW REGISTRATION NUMBER?

I KNOW MY REGISTRATION NUMBER

IT'S A NEW BIKE

OR RENEW DIGIT POLICY

Which countries are you visiting?

x {{country}}

Most Popular(You can select more than one)

{{country}}

Leaving date

Return date

Try agian later

As mandated by Spanish Authorities your travel insurance needs to extend 15 days after your trip ends.
We will extend your coverage period accordingly.

Pincode

Policy Start Date

Policy End Date

Get Quote

Pin Code

{{healthCtrl.residentPincodeError}}

Agent Code

{{healthCtrl.agentCodeError}}

In case, you wish to buy a plan for your siblings, aunts, uncles or any other relatives, you can buy a separate plan for them.

Add Members you want to insure

{{member}} {{ healthCtrl.getMemberCount(member) }}

{{healthCtrl.familyComposureError}}

Mobile Number

{{healthCtrl.mobileNumberError}}

Try agian later

Port my existing Policy

Agent Name: {{healthCtrl.integraAgentDetails.agentName}}

State: {{healthCtrl.integraAgentDetails.state}}

SP Name: {{healthCtrl.integraAgentDetails.spName}}

SP Code: {{healthCtrl.integraAgentDetails.spCode}}

Try agian later

Pin Code

{{healthCtrl.residentPincodeError}}

Agent Code

{{healthCtrl.agentCodeError}}

Agent name: {{healthCtrl.integraAgentDetails.agentName}}

State: {{healthCtrl.integraAgentDetails.state}}

SP Name: {{healthCtrl.integraAgentDetails.spName}}

SP code: {{healthCtrl.integraAgentDetails.spCode}}

Mobile Number

+91 {{healthCtrl.mobileNumberError}}

Try agian later

done

I agree to the Terms & Conditions

You can select more than one member

{{healthCtrl.patentSelectErrorStatus}}

{{familyMember.name}}

-{{familyMember.multipleCount}}+ Max {{healthCtrl.maxChildCount}} kids

(s)

Registration Number

Mobile Number

+91

City

Mobile Number

+91

OR ENTER YOUR REGISTRATION NUMBER

DON'T KNOW YOUR REGISTRATION NUMBER

or renew digit policy

I agree to the Terms & Conditions

Get Quote

Switch to the 5 Star Rated Insurance

What is Consequential Damage in Insurance?

A concept that has always riddled and troubled us and is the cause of a lot of agony during claims, mainly because the concept is not that clear to many. So here we are rewinding the basics again and this time we want to focus on this elephant in the room. What is Consequential Damage or Consequential Loss?

By definition consequential damages mean, when one unforeseen event leads to a series of other events, causing damage that was not a result or outcome of the first unforeseen event. Confusing right?

Let us explain it to you with some examples for a clearer picture:

Consequential Damages in case of Mobiles

A customer called us in a huff one day, his new phone was stolen. But more than the phone, he was sad for his honeymoon’s photos being lost. 😞 Ouch! While our mobile insurance definitely covers theft of the phone but not what people lose as a consequence of the same, for example their data, their important contacts or any other important documents in the memory card. Therefore make sure, you back up all your data and contacts on a regular basis.

We all know we shouldn’t store passwords on phone as if the phone is stolen, you may be at risk for cyber fraud. But still a lot of people store them somewhere for easy reference. But trust us, the thieves out there have wise whiskers, they just know where to look.

So if unfortunately, your phone gets stolen (touchwood again) and your accounts are compromised, that’s consequential loss insurance. So, make sure you wipe out these details from your phone today itself.

Consequential Damages in case of Car

Imagine you are in Mumbai. The weather is all nice and bright. You leave from office early, with a firm belief that your car will take you home safely. Suddenly, your car has a flat tyre. You think it will be a matter of minutes as you have a Stepney. But lady luck isn’t in a good mood and it starts raining cats and dogs (in Mumbai, you just cannot tell) and your engine gets filled with water and suffers damages, now this is consequential damage.

Also, this is one of the biggest confusions people have, your engine damage, until and unless it happened at the same time an accident happens, is not covered under your basic comprehensive car insurance cover, you need an Engine Protection cover for it.

Your car meets with an accident on the road and stops moving. Now, it requires to be towed to the nearest garage. But the towing guys are not the softest ones out there, so if while towing your bonnet gets affected and there are scratches on it.

The damages due to towing would fall under consequential damage and will not be covered by your car insurance policy. So, the tip here is that be extra careful when the hook goes under your car.

Consequential Damages in case of Travel

You are bound for an official trip and unfortunately, you miss your flight. Your travel insurance covers you for the missed flight. But suppose, you miss an important meeting because of the missed flight and that results in a loss for your business, that will be a consequential loss. What we say here is that have enough time between connecting flights so that such a situation doesn’t happen in the first place.

Consequential Damage in case of Property

You have a shop and an insurance for your shop and the contents. Unfortunately, there is a fire inside your shop (we hope that never happens). But if it does, you will be covered for the loss to your shop and the contents. But you will not be covered for the loss your business might face because of the damage to your shop. What you can do is have your books updated on a cloud drive as well so that you can get back into action asap.

This may not be the most comforting article as it tells you situations that may go wrong and where by law we also might not be able to help you. But what we can do is to explain you what can be done to minimize and avoid these losses. After all, our world revolves around making things transparent for you.

Explain it like I'm five

What is consequential damage?

A boy and his younger sister plan to make a castle out of playing cards. They build a beautiful 2 storey mansion of cards and happily marvel at their creation. But unfortunately, their dog Charlie, knocks of one card from the bottom and the entire castle topples off!

As a consequence of accidentally toppling one card, other cards fall too. This is quite like Consequential Damage in insurance.

More Insurance Guides

Types of Insurance

Types of General Insurance

Deductibles in Insurance

Depreciation in Insurance

What is Consequential Damges

Subrogation in Insurance

How to get International Driving License in India

Buy Insurance Policy Online

All about FASTag Card

What is an Insurance Actuary?

List of Car Insurance Companies in India

List of Two Wheeler Insurance Companies in India

List of Health Insurance Companies in India

List of General Insurance Companies in India

List of Insurance Companies in India

List of Life Insurance Companies in India

List of Term Insurance Companies in India

Show more

Get our app

Download man

App Store

Google Play

Health Insurance Guides

Car Insurance Guides

Bike Insurance Guides

Income Tax Guides

RTO Offices in India

CIN: U66010PN2016PLC167410, IRDAI Reg. No. 158.

Go Digit General Insurance Limited (formerly known as Oben General Insurance Ltd.), Address: Atlantis, 95, 4th B Cross Road, Koramangala Industrial Layout, 5th Block, Bengaluru 560095