Zero Depreciation in Car Insurance
Zero Depreciation (Zero Dep) cover in car insurance ensures that policyholders receive the full claim amount without factoring in the depreciation of car parts.
Key Benefits:
- No deduction for depreciation on car parts.
- Higher claim settlement amount.
- Ideal for new and luxury cars.
- Best suited for areas prone to accidents.
Who Should Opt for Zero Dep?
Zero Depreciation cover is recommended for:
- New car owners
- Luxury car owners
- Drivers in high-risk accident zones
- First-time car owners
Note: This add-on increases the premium but provides better financial protection.