Zero depreciation add on Car insurance #carinsurance #financetamil

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How Does Zero Depreciation Work?

Zero depreciation car insurance cover works by eliminating the cost of repair or replacement of car parts without considering the depreciated value.

These are a few things to keep in mind when purchasing zero depreciation car insurance:

👉This add-on is available only for cars that are less than five years old.

👉The Zero-Depreciation Cover does not deduct the compulsory deductibles of the policy.

👉There is a limited number of Zero depreciation claims within a year.

👉Zero Depreciation cover and the bumper to bumper to cover offer the same coverage

Who Should Opt for a Zero Depreciation Cover Add-on?

1. New Car Owners
2. People who have Luxury Cars that have Expensive Parts
3. People Living in Accident-Prone Areas
4. New Drivers
5. Regular car users

Benefits of Zero Depreciation Car Insurance Cover

1. Enhances coverage
2. Repair cost considered without depreciated value
3. Curbs additional expense
4. Save money in the long run
5. Greater compensation

Source: InsuranceDekho, acko
https://www.acko.com/car-insurance/zero-depreciation/

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