Reliance zero depreciation add-on cover shifts the liability of bearing the depreciation amount from the insurer to the insured. This 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. Reliance car 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.
Reliance Zero Depreciation policy helps in the following ways:
Reliance Zero Depreciation Cover is affected by the following factors:
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
IFFCO Tokio Zero Depreciation Car Insurance
Kotak Mahindra Zero Depreciation Car Insurance
Liberty Zero Depreciation Car Insurance
Magma HDI Zero Depreciation Car Insurance
National Zero Depreciation Car Insurance
New India Assurance Zero Depreciation Car Insurance
Oriental Zero Depreciation Car Insurance
Raheja QBE Zero Depreciation Car Insurance
Royal Sundaram Car Insurance Zero Depreciation
SBI Zero Depreciation Car Insurance
Shriram Zero Depreciation Car Insurance
Tata AIG Zero Depreciation Car Insurance Cover
United India Zero Depreciation Car Insurance
Universal Sompo Zero Depreciation Car Insurance
Zuno Zero Depreciation Car Insurance
Reliance Zero Depreciation insurance only provides reimbursement for the amount deducted against depreciation of the car’s parts. You would still have to incur certain other expenses including expenses for consumables.
Reliance General Insurance only allows a maximum of 2 claims in a policy period, hence you should judiciously use your zero depreciation add-on cover.
Yes, it is required to pay additional premium to avail the benefits of zero depreciation add-on cover separately. The additional premium levied would be charged along with the standard premium of your car insurance policy. The cumulative premium can be paid online using digital payment methods.
Reliance zero depreciation add-on policy will cover every part of your car excluding tyres and tubes.
Yes, you can purchase as many add-on covers to suit your insurance requirements. However, please note that you can only purchase add-on covers with a comprehensive car insurance policy and not with a third-party car insurance policy, and the premium for every add-on cover would be extra.
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