Navi Zero-Depreciation Bike Insurance Policy

Depreciation is the process of a two-wheeler's value decreasing in terms of money over time owing to variables such as age, wear and tear, etc. Due to depreciation deduction, people end up paying a significant portion of the total repair cost when filing a claim. In cases like these, Navi zero-depreciation policy will come to you rescue.

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Navi Zero-Depreciation Bike Insurance

You can buy a zero depreciation cover with Liberty comprehensive bike insurance policy. It provides coverage without taking depreciation into account. Having zero depreciation cover ensures that you get the most out of the claim, regardless of depreciation on the parts of the vehicle.

Benefits of Navi Zero-Depreciation Cover

The Navi zero depreciation add-on eliminates deduction during claim settlements. Claim can be filed for accidents and other road damages. Some other benefits are given below:

  • Higher Claim Amount:With Navi General zero depreciation cover, you can get a higher amount of claim. This is because no depreciation fee is deducted from the sum insured.
  • Saves Money: When deductions are made due to depreciation, policyholders have to pay the costs out of their pockets. This can be an unexpected expense. As the zero dep cover prevents any deduction, policyholders can save a lot of money while getting their two-wheelers repaired.

After learning about the zero depreciation coverage benefits, keep in mind that zero depreciation is an optional benefit (add-on) that may be obtained by paying a higher premium. The premiums calculated will depend on the model of the vehicle, its age, and the location of the policyholder. Also, it is important to mention that the zero-depreciation coverage will not be provided with the third-party policy. 

Depreciation Rate Applicable on Two-Wheelers with and Without Zero Dep Cover

Bike’s age

With zero-dep cover

Without zero-dep cover

Less than 6 months



6 months - 1 year



1 – 2 years



2 – 3 years



3 – 4 years



4 – 5 years



5 – 10 years



Above 10 years




Part of Bike

With zero-depreciation cover

Without zero-depreciation cover

Paint Work/Nylon/ Plastic Parts/ Rubber Parts



Glass parts



Fiberglass parts



Facts about the Navi Zero-Depreciation Cover

Every day, depreciation takes place, lowering the market worth of every two-wheeler. Every insurance provider will take this decrease in the value of the scooter or bike into account when settling a claim. The insurance provider generally deducts the depreciation charges from the claim amount for the two-wheeler while settling a claim. But with a Zero dep cover, this is covered.

Navi Zero Depreciation comes with a few advantages if the following requirements are met:

  • The bike should not be older than three years
  • This coverage can only be used twice during the policy's lifetime
  • Repairs and replacements resulting from routine wear and tear are not covered
  • Coverage is not given if there is a total loss, electrical or mechanical breakdown of the insured's bike 


Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Average Rating
(Based on 29 Reviews)

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Navi Zero-Depreciation Bike Insurance Policy Reviews & Ratings

4.8 / 5 (Based on 29 Reviews)
(Showing Newest 10 reviews)
Ranchi, October 09, 2021
Less paperwork
There was no paperwork while buying Navi Two Wheeler Insurance online from the website of Policybazaar. The company showed me a lot of features in add on cover and I chose only 2 covers which is Road Side Assistance Cover and Hospital Cash Cover.
Nashik, August 18, 2021
Affordable plans
Somebody suggested me to buy two wheeler insurance for my new bike then i found an affordable plan on the policy bazaar website.i bought the Navi two wheeler insurance policy. as compared to others policy bazaar service is very good and hassle free.
, June 15, 2021
Protection for my two wheeler
I have protected my bike by getting a navi two wheeler insurance policy from the website of the policybazaar. I really like the plan and it has been a blessing for my bike.
, June 15, 2021
Cost effective plans
One of the best thing I like about policybazaar is that they provide such two wheeler companies list who has cost effective two wheeler plans. I got the plan of navi two wheeler insurance policy and that is relevant for my bike.
Hamirpur, June 04, 2021
Compare and buy it
I always prefer to compare and buy the two wheeler insurance policy. So, I visited to the website of the policybazaar and found the dhfl two wheeler insurance plan. The plan has so many features and it is available in affordable premiums.
Vadakara, July 02, 2020
Easy policy
The policy taken by policybazaar is quite genuine. And I really like the services provided by them.
G.k. Bhatar, June 30, 2020
Cover for all
The policy is available for everyone. You can just visit the website and check the best one for you.
Adaspur, June 29, 2020
The assistance of claim given by the policybazaar is quite quick and hassle free.
Allahabad, June 29, 2020
So, I got my two wheeler insured from policybazaar and because of that I got the membership of automobile association of India.
Vadnagar, June 20, 2020
I got a good number of benefits while I associated with policybazaar. With less premium amount I got good discounts in the prices.

^The renewal of insurance policy is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. Actual time for a transaction may vary subject to additional data requirements and operational processes.

^The buying of Insurance policy is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. Actual time for transaction may vary subject to additional data requirements and operational processes.

#Savings are based on the comparison between 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.

*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.

*Rs 538/- per annum is the price for third party motor insurance for two wheelers of not more than 75cc (non-commercial and non-electric)

#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.

*₹ 1.5 is the Comprehensive premium for a 2015 TVS XL Super 70cc, MH02(Mumbai) RTO with an IDV of ₹5,895 and NCB at 50%.

*Rs 457/- per annum (1.3/day) is the price for the third-party motor insurance for private electric two-wheelers of not more than 3KW (non-commercial). Premium is payable on an annual basis