The zero depreciation add-on by Go Digit General Insurance Limited is a highly beneficial cover for car owners that they can opt for while buying a comprehensive four-wheeler insurance policy. Under this add-on, the policyholder gets 100% cover for the repair or replacement of several parts of the insured vehicle.
During claim settlement, the insurance company deducts the depreciation costs borne by your vehicle over time. However, with Digit zero depreciation car insurance, the policyholder gets the complete claim amount without any deductions. Have a look at the key advantages provided under the zero depreciation add-on:
Greater Protection: A standard comprehensive vehicle insurance policy offers a specified amount of coverage. However, with the nil dep add-on, you get total compensation for repairs/replacements as depreciation costs are not taken into consideration.
Long-term Savings: By paying a slightly higher policy premium for a zero dep add-on, your long-term money savings are much higher as the depreciation costs are borne by the insurance company, thereby ensuring significant savings at the time of repair or replacement.
Cashless Claims: With Digit bumper to bumper cover, you don't have to pay anything for car repairs if they are done in the insurer's authorised network garages.
Ans: Yes. Zero depreciation is an add-on cover that you can opt for by paying a little higher premium while purchasing a comprehensive car insurance policy. This add-on ensures that all the repair or replacement costs of your car parts are fully borne by the insurer.
Ans: Only if there was an accident where the local police got involved, you are required to submit a copy of the FIR to your insurance company for claim processing. For any theft and third party related claims, a Police FIR is mandatory.
Disclaimer: The list mentioned is according to the alphabetical order of the insurance companies. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in
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#Rs 2094/- per annum is the price for third-party motor insurance for private cars (non-commercial) of not more than 1000cc
*Savings are based on the comparison between the highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB. Actual time for transaction may vary subject to additional data requirements and operational processes.
+Savings are based on the maximum discount on own damage premium as offered by our insurer partners.
^Lowest Price Guaranteed is based on certifications shared by insurers with us. Policybazaar will facilitate price matching subject to the terms and conditions of select insurers.
##Claim Assurance Program: Pick-up and drop facility available in 1400+ select network garages. On-ground workshop team available in select workshops. Repair warranty on parts at the sole discretion of insurance companies. Dedicated Claims Manager. 24x7 Claim Assistance.
