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IndusInd Zero Depreciation Car Insurance
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    IndusInd Zero Depreciation Car Insurance

    IndusInd (formerly Reliance) zero depreciation add-on serves as a security cushion for your car, saving you from not losing a percentage of your claim amount due to depreciation being charged on the car part which is being replaced or repaired. This add-on by IndusInd General Insurance allows you to claim the maximum amount of reimbursement at the time of settling the claim enabling you to gain the most out of your comprehensive car insurance policy.

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    Benefits of IndusInd Zero Depreciation Car Insurance Policy

    The benefits of getting IndusInd zero depreciation car insurance policy are mentioned below:

    • Higher Savings: Deduction from the claim amount in the form of depreciation is always higher than the premium paid amount for a zero-depreciation add-on, hence saving you the extra cost of repairing your car.
    • No Depreciation: IndusInd zero-depreciation insurance absorbs the depreciation cost of your car's parts by so that you end up with a higher amount with your claim at the time of settlement
    • All Parts Covered: All of your vehicle's parts are included in this cover, from fibreglass material to the bumpers and the bonnet. However, please note that this add-on will not include the tires and tubes.

    How to Buy IndusInd Zero Depreciation Add-On Cover?

    The steps mentioned can be followed to buy zero depreciation car insurance online:

    Step 1: Visit Policybazaar.com and select “Car Insurance” from the homepage

    Step 2: On the form given, enter your car number and proceed

    Step 3: You will not be required to select your car's RTO, make, model, variant, and registration year

    Step 4: Fill in the registration form and proceed

    Step 5: You will now see a list of car insurance quotes. Firstly from the “Addons and Accessories" box, select “Zero Depreciation” add-on

    Step 6: Now select IndusInd nil depreciation car insurance policy

    Step 7: Pay the final premium amount

    Step 8: After final payment, your car insurance policy will be sent to your email.

    IndusInd Zero Depreciation Car Insurance Claim Process

    Follow the steps mentioned below to raise a IndusInd zero dep car insurance claim with ease:

    • Inform the insurer about the damages caused to your car under your car insurance policy
    • The insurance provider will now register your claim and a surveyor will be appointed
    • You will be required to submit all the necessary documents for claim verification
    • Now the insured four-wheeler will be sent to the network garage for repairs
    • After the repairs, the insurer will settle the claim directly with the garage
    • Since you have opted for a zero dep cover, you won't be required to pay the depreciation value at the time of claim.

    Documents Required for IndusInd Zero Depreciation Car Insurance Claim

    Mandatory documents that are required to raise a claim under IndusInd zero depreciation car insurance are as follows:

    • Car insurance claim form duly signed and filled
    • Copy of four-wheeler insurance policy
    • Copy of driving licence
    • Copy of Police FIR
    • Copy of vehicle registration certificate

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    Save upto 91% on Car Insurance
    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.

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