Zero Depreciation Car - Bike Insurance
Zero depreciation add-on covers all parts of your car/bike at 100% except tyres, tubes and batteries which are covered at 50%. Generally, insurers allow 2 zero depreciation claims during the policy tenure.
Zero depreciation add-on cover, also known as Nil Depreciation and Bumper-to-Bumper cover, is a popular car/bike insurance
Zero Depreciation provides coverage without deducting the depreciation value.
Zero depreciation is usually 15-20% of the premium amount and is an ideal add-on for certain scenarios.
Benefits:
- Better claim settlement without considering depreciation.
- You can expect 100% settlement of repair costs.
- Zero depreciation add-on cover covers costs of all the parts.