Popular models

Other models

All Variants
Manual
Automatic

Popular variants

Other variants

Select your variant

View all variants

We don’t spam

View Prices

By clicking on “View Prices”, you agree to our Privacy Policy & Terms of Use

Get Updates on WhatsApp

Select Make

Select Model

Fuel Type

Select variant

Registration year

Registration month

Save & update

Search with another car number?

Zurich Kotak Zero Depreciation Car Insurance

Zurich Kotak zero depreciation add-on is an important cover that vehicle owners should opt for along with a comprehensive car insurance policy. This add-on by Zurich Kotak General Insurance Company covers any depreciation cost borne by your car or its parts, which is not included under a standard comprehensive motor insurance policy.

Benefits of Zurich Kotak (formerly known as Kotak Mahindra) Zero Depreciation Insurance

A new car depreciates in value very rapidly. In a mere 6 months, the value decreases by 5%, which is deducted by the insurer during claim settlement. Purchasing Zurich Kotak zero depreciation car insurance lets the policyholder claim the complete amount without any deductions. Here are some benefits under Zurich Kotak zero depreciation add-on cover:

Enhanced Coverage: Opting for a zero dep add-on cover along with a comprehensive car insurance policy extends the overall coverage for the insured vehicle, ensuring total protection in case your car meets with an unfortunate incident.
No Additional or Hidden Costs: With Zurich Kotak zero depreciation car insurance, the policyholder does not have to bear any unexpected expenses during the claim process as the insurer covers them all.
Higher Claim Payout: A zero dep car insurance doesn't involve any depreciation while settling claims and covers the total repair/replacement costs of the insured parts.

Explore More Under Zurich Kotak

How to Buy Zurich Kotak (formerly known as Kotak Mahindra) Zero Depreciation Add-on Cover?

You can easily buy car insurance online from Policybazaar.com by following these steps:

Visit Policybazaar.com and select 'Car Insurance'
Enter your car number in the form and select the rest of your vehicle details.
Choose Zurich Kotak comprehensive insurance plans from the given list
Now, add the 'Zero Depreciation' cover from the 'Add-ons and Accessories' dropdown.
Once you have selected the add-on, your policy premium will get updated accordingly, and you can pay the same using the desired online payment method.
Once the payment is successful, you will receive your car insurance policy along with the zero depreciation cover in your registered email.

Zurich Kotak (formerly known as Kotak Mahindra) Zero Depreciation Car Insurance Claim Process

Raising a claim under your Zurich Kotak zero depreciation vehicle insurance policy is a smooth process and involves the following steps:

Firstly, inform your insurance company about the damages sustained by your insured vehicle.
Upon intimation, your insurer will register a claim under your car insurance plan.
A surveyor appointed by your insurance company will then inspect your vehicle to estimate the damage repair costs.
Post the inspection, your insured car will be then sent for repairs to one of the authorised garages.
Once the repairs are done, your insurance company will directly settle the claim with the network garage.
Since you have a zero dep cover, your insurer will pay the claim amount in full without deducting the depreciation.

Explore More Under Zurich Kotak

Documents Required for a Zurich Kotak (formerly known as Kotak Mahindra) Zero Depreciation Car Insurance Claim

In order to raise a claim under your Zurich Kotak zero depreciation add-on cover, you need to keep the following documents handy:

Zurich Kotak four-wheeler insurance policy papers
Driver's licence
ID proof of the policyholder
Copy of your car's registration certificate
Duly filled and signed claim form
Copy of Police FIR (if applicable)
Repair estimates/bills

FAQs

Q1. Is it worth buying Zurich Kotak zero depreciation car insurance?

Ans: Opting for a zero dep add-on completely depends on your requirements. However, for the complete overall protection of your vehicle, it is advised that you opt for this add-on for as long as you can, especially for new cars, and keep your out-of-pocket expenses to the least by receiving higher claim payouts.
Q2. Are accidental damages to the tyres and tubes of my car covered under Zurich Kotak zero depreciation car insurance?

Ans: No. In case of an accident involving your insured vehicle, including damages to tyres and tubes, the Zurich Kotak General Insurance Company is liable to pay only 50% of the replacement cost.
Q3. Is there any zero dep add-on cover for cars older than 5 years?

Ans: Yes. Usually, most insurers provide the zero depreciation add-on cover for cars up to 5 years of age. However, some insurers have started offering zero depreciation add-on cover for cars older than 5 years and up to 10 years.
Q4. Does the zero depreciation add-on provide cover for engine damages?

Ans: No. A zero dep add-on doesn’t cover engine damages. There’s a separate add-on ‘Engine Protect’ to cover damages caused to the insured vehicle’s engine in a road accident, and it includes damages to engine parts, gearbox, undercarriage, water ingression, oil leakage, etc.

Explore More Under Car Insurance

Car zero Depreciation Insurers

Bajaj Allianz Zero Depreciation Car Insurance

Chola MS Zero Depreciation Car Insurance

Digit Zero Depreciation Car Insurance

Future Generali Zero Depreciation Car Insurance

HDFC Ergo Zero Depreciation Car Insurance

ICICI Lombard Zero Depreciation Car Insurance

IFFCO Tokio Zero Depreciation Car Insurance

Liberty Zero Depreciation Car Insurance

Expand

Car insurance companies

Bajaj Allianz Car Insurance

Chola MS Car Insurance

Digit Car Insurance

Future Generali Car Insurance

HDFC Ergo Car Insurance

ICICI Lombard Car Insurance

IFFCO Tokio Car Insurance

Liberty Car Insurance

Magma Car Insurance

National Car Insurance

New India Assurance Car Insurance

Oriental Car Insurance

Raheja QBE Car Insurance

Reliance General Car Insurance

Royal Sundaram Car Insurance

SBI Car Insurance

Shriram Car Insurance

Tata AIG Car Insurance

United India Car Insurance

Universal Sompo Car Insurance

ZUNO Car Insurance

Zurich Kotak Car Insurance

View more insurers

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