Edelweiss Zero Depreciation Bike Insurance Policy

Edelweiss zero depreciation add-on cover permits the policyholder to claim the original value of their bike without any depreciation or deduction. The claim amount is decided as per the bike’s Insured Declared Value (IDV) that is finalized at the time of purchase or renewal.

Read more
Get Two-Wheeler Insurance
Starting @ only ₹538/year#
  • Compare & Save upto 85%*

  • 20+ Insurers

    To Choose From
  • 1.2 Crore+

    Bikes Insured

#TP price for less than 75 CC two-wheelers. All savings are provided by insurers as per IRDAI approved insurance plan. Standard T&C apply.

Stay home & renew bike insurance in 2 minutes
No Documents Required
Get Bike Insurance starting @ only ₹538/year#
Enter Bike Number
Other options

Edelweiss Zero Depreciation Policy

Edelweiss Zero Depreciation Bike Insurance Policy offers compensation without applying the depreciation on its parts. Zero depreciation is an add-on cover that can be purchased at a nominal premium above your basic bike insurance plan.

Edelweiss Zero Depreciation Cover Eligibility Criteria

A few conditions that are applicable to this add-on before availing benefits are given in the table below:




To bikes less than 7 years old

Claims Covered

First 2 claims during the policy term

If repaired at a non-network garage

10% of the claim amount shall be deducted

Benefits of Edelweiss Zero Depreciation Bike Insurance Policy

The benefits to Edelweiss zero depreciation policy is given below:

  • Full Claim Amount- The claim amount is reimbursed without factoring in the depreciation value of the bike’ parts at the time of claim
  • Save Out-of-the Pocket Expenses- Edelweiss zero depreciation policy saves your out-of-the pocket expenses that would be incurred on repair and replacing the damaged parts

There are plenty more benefits to the policy which a person can learn about from the insurer’s brochure.

Edelweiss Zero Depreciation Bike Insurance vs. Base Bike Insurance

The following table lists the applicable depreciating rate for a base bike insurance policy and Edelweiss zero depreciation bike Insurance: 

Vehicle’s (Bike’s) Age

Base Bike Insurance Cover

Depreciation Value with Zero Depreciation Cover

Below 6 Months



6 Months to 1 Year



1 to 2 Years



2 to 3 Years



3 to 4 Years



4 to 5 Years



5 to 10 Years



More than 10 Years



What is all covered under Edelweiss Zero Depreciation Bike Insurance Policy?

The Edelweiss zero depreciation bike insurance policy is an add-on cover to the base bike insurance policy that also covers the depreciation value of the vehicle’s parts. The base insurance policy will bear the costs and pay out the claim amount in the event of:

  • Lightning or explosion
  • Burglary or theft
  • Riots and Strikes
  • Malicious Acts
  • Accidental External Affairs
  • Landslide/Rockslide
  • Terrorist Activity 

The following table lists the parts that have a depreciating value and the rate of depreciation that is applicable:

Part of the Bike

Depreciation Value without Zero Depreciation Cover

Depreciation Value with Zero Depreciation Cover

Plastic/Nylon/Rubber Parts



Fibre glass



Glass Parts




Two Wheeler insurance articles

Recent Articles
Popular Articles
Endorsement in Bike Insurance Policy

08 Dec 2022

If you have been issued a bike insurance policy with incorrect
Read more
7 Bike Selling Tips Made for You

02 Dec 2022

There could be many reasons when you decide to sell your bike
Read more
9 Things to Know About Bike Insurance While Relocating

30 Nov 2022

For many of us, moving to another city probably is overwhelming
Read more
Is It Mandatory to Buy Bike Insurance from Bike Dealers?

30 Nov 2022

You did thorough research, established a credit score to finance
Read more
6 Regular Checks for All the Two-wheeler Owners

10 Nov 2022

A two-wheeler is the most convenient and affordable mode of
Read more
Best Two Wheeler Insurance Plans in India
When it comes to choosing the best two wheeler insurance plans, we’re sure you have heard enough from different
Read more
Renew Your Two-Wheeler Break-in Insurance Policy at PolicyBazaar
Owners of two-wheelers have been getting a good night’s sleep as far as their vehicle’s insurance is
Read more
How to Get Duplicate RC Online & Offline?
A Registration Certificate or RC is as important as the Driving License (DL) or two-wheeler insurance policy for
Read more
Zero Depreciation Bike Insurance
Every two-wheeler goes through depreciation. Simply put, depreciation of a vehicle means a reduction in its value
Read more
Lost Your Two Wheeler Insurance Documents? Here Is What You Need To Do
A bike insurance policy is one of the mandatory documents that every two-wheeler owner must have. In case you have
Read more

Edelweiss Zero Depreciation Bike Insurance Policy Reviews & Ratings

4.8 / 5 (Based on 32 Reviews)
(Showing Newest 10 reviews)
Thane, October 09, 2021
Add on cover
During the renewal of my edelweiss bike plan, I got a no claim bonus. i got a little discount on the premium rate so I decided to customize my plan. I have added additional features to the existing plan. it has enhanced the coverage and made my plan even more better.
Indore, October 09, 2021
Good deal
I have got so many benefits in edelweiss Two Wheeler Plan. In case of accidents, I can avail cashless repair services in their network garages. At first I was confused that from where to buy the bike plan, then I got a good deal on the website of Policybazaar.
Visakhapatnam, August 18, 2021
Services are good
One of my relative suggested me to buy two wheeler plan. recently have bought Edelweiss two wheeler policy from policy bazaar. it is way convenient to buy policy online and i got a great work. i really liked the service provided by the policy bazzar team.
Varanasi, June 04, 2021
Protection coverage
My two wheeler insurance plan has been providing a protection coverage to me and my bike since 2 years. I have a edelweiss two wheeler insurance policy. A best plan to take care of my bike.
Amabala, June 04, 2021
Saves my time
Buying two wheeler insurance policy online is easy and also it saves the time. I checked various edelweiss two wheeler insurance plans online and have save the time by buying it online. It is one of the best plan I had.
Noida, June 04, 2021
Quick and hassle free services
I have recently bought the edelweiss two wheeler insurance policy from the website of the policybazaar. The plan is good and under my budget. Also, the facilities provided by the team is very nice.
Dabhoda, July 03, 2020
Great plans
I searched for many plans in the website of policybazaar and all were good. But I found the best one of edelweiss with great benefits and low premium rate.
S.c. Pur, July 02, 2020
Good coverage
I searched on the website of policybazaar and found this good plan of edelweiss company for my bike insurance. The coverage provided by them is good and I am happy with it.
R.g.pur, July 01, 2020
Insurance for third party
I have taken the policy which is good for third party too. If by chance accident occurred then it will covered me my vehicle as well as the person with whom I have been met with an accident.
G.k. Bhatar, July 01, 2020
The reputation of edelweiss company is very good. They provided with the best policy to me regarding the two wheeler policy. Thanks.