Having trouble understanding why your friends and insurance broker are recommending a zero depreciation add-on your car policy. This infographic has all the right answers.
Zero Depreciation or Nil Depreciation or Bumper-to-Bumper policy. If any of these terms were thrown at you while purchasing a car insurance policy, you must have asked yourself: "But how does it help me during claims?"
Actually, zero depreciation is an add-on, something that enhances your comprehensive policy's coverage for your car. You pay a little extra premium and get better payback at the time of claims.
This simple infographic will take you through how zero depreciation add-on benefits you, especially at the time of claims.
A zero depreciation add-on cover is a must for any new car. You can actually avail this cover for up to 5 year old vehicles. Needless to say, depending up on the make-model and age of manufacturing, your car premium may be slightly higher.
If this infographic helped you, do share it with your friends and help them learn too. If you have some doubts about claiming on zero depreciation policy, you can get in touch with our insurance experts. Just leave a comment below. :)