With the Zero Depreciation car insurance add on the policyholder will get coverage against default depreciation that is counted on the car and its parts. It simply means that the policyholder who is paying a little extra amount of premium will get a good return while making any claims irrespective of the age of the vehicle. Few other benefits of New India Zero Depreciation Car Insurance are mentioned below:
Take a good look at the table given below to have a better understanding of the benefits of getting Zero depreciation add on:
Age of Car |
Rate without zero depreciation cover |
Rate with zero depreciation cover |
Under 6 month |
Nil |
0% |
Up to 1 year |
5% |
0% |
1-2 year |
10% |
0% |
2-3 year |
15% |
0% |
3-4 year |
25% |
0% |
Above 10 years |
50% |
0% |
New India Assurance Car Insurance has developed an easy mechanism for the claim process. The policyholder can opt for both cashless and reimbursement processes.
Here is the list of documents required for initiating the claim process:
After arranging all the necessary documents, the policyholder is required to follow the following steps for the initiation of the claim process:
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United India Zero Depreciation Car Insurance
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Ans: Yes, the company has 3000+ Network garages that will help you to get easy access to cashless claims.
Ans: The company has a good claim settlement ratio of 89.6%. It is one of the most trusted companies in the market of car insurance when it comes to customer satisfaction.
Ans: A Zero Depreciation policy can only be taken when the car is not older than 36 months.
Ans: Zero Depreciation is applicable to all parts of the car with the exception of batteries, tubes, and tyres.
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