All You Need To Know About Zero Depreciation Auto Insurance

Zero depreciation cover costs you around 20 per cent more compared to a standard policy. In a standard motor policy, the rate of depreciation in parts ranges from 25 per cent to 50 per cent. Zero depreciation cover is mostly applicable to new vehicle owners and is available for both two-wheelers and four-wheelers. Zero depreciation cover is available for cars for a maximum period of five years. A regular policy does not provide ...