Zero Depreciation Car Insurance - Coverage & Benefits (2024)

Zero Depreciation Car Insurance - Coverage & Benefits (2024)

FAQs

Zero Depreciation Car Insurance - Coverage & Benefits? ›

Zero Depreciation. An add-on which gives you complete cover on any body parts of the car excluding tyres and batteries. Insurer will pay entire cost of body parts, ignoring the year-on-year depreciation in value of these parts. 24x7 Roadside Assistance.

What is the benefit of zero depreciation car insurance? ›

Zero depreciation cover is also known as bumper-to-bumper or nil depreciation cover. With zero depreciation coverage, the policyholder does not have to pay the depreciation value of the damaged or replaced parts and can claim the full amount under their comprehensive car insurance.

What is difference between zero depreciation and comprehensive insurance? ›

The key difference between zero depreciation and comprehensive insurance for a bike is that zero depreciation insurance provides coverage for damages to the vehicle without any deduction of depreciation while comprehensive insurance covers damages to your vehicle caused by accidents, theft, natural calamities, after ...

How to check zero dep insurance in policy? ›

A zero depreciation add-on cover, also known as Nil Depreciation and Bumper-to-Bumper cover, is a popular car insurance add-on cover under the own damage section of the car insurance policy. Insurance can be checked online from the website Parivahan or mParivahan app which is available on the play store.

Does zero depreciation mean bumper to bumper? ›

Bumper to bumper insurance, nil depreciation or zero depreciation is a type of car insurance policy that offers complete coverage to your vehicle irrespective of the depreciation on its parts.

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