Category: Services

Tags: Zero Depreciation cover, zero depreciation car insurance

Zero" target="_blank" rel="noopener noreferrer">https://quickinsure.co.in/articles/what-is-zero-depreciation-cover">Zero Depreciation Cover, also known as "Nil Depreciation" or "Bumper-to-Bumper" cover, is an add-on in car insurance that ensures you receive the full claim amount without any deduction for the depreciation of car parts. For example, if your car's bumper, which costs ₹10,000, is damaged in an accident, without this cover, the insurer might only pay ₹7,000 after accounting for depreciation. However, with Zero Depreciation Cover, the full ₹10,000 would be covered, leaving you with no out-of-pocket expenses for the part's depreciation.