Zero Dep Car Insurance India

Zero dep cover helps in reducing car insurance premium significantly.

Zero dep car insurance india. The car insurance zero depreciation policy is applicable to cars under the age limit of 3 years. Here are some of the tips to explore the benefits of zero dep car insurance policy. So in other words only new cars are eligible for 0 depreciation car insurance. The onus of bearing the depreciation liability originally rests with the car owner and not the insurance provider.

This cover is highly beneficial for car owners as it ensures no deduction on account of depreciation for replaced parts in case of an accident. Get upto 70 off on purchase renewal of car insurance plans. Icici lombard car insurance policy offers zero depreciation cover that is it provides coverage on replaced parts with no deduction for depreciation for the first two claims in a policy year. Also get cashless service at 6800 network garages countrywide.

Zero dep insurance cover also known as zero dep policy is a type of insurance cover which offers complete coverage without factoring in depreciation value of the vehicle. The expenses pertaining to voluntary deductibles and depreciation of car parts is paid by the insured at the time of claim. Buy car insurance online. Best car insurance companies in india getting motor insurance is essential for all the car vehicle owners and drivers in india.

As compared to a regular car insurance policy zero depreciation car insurance will be slightly more expensive in terms of premium. But with this add on you are entitled to claim the full amount of sum assured. Consider the age of your car. A zero dep policy would cost you additional premium compared to a comprehensive policy although the benefits justify the additional cost.

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