Above-mentioned prices are for a 7-year-old Maruti WAGON R AVANCE LXI (998 CC) registered in Gurgaon and 15 days before expiry of previous policy
Shriram Zero Depreciation Car Insurance not only helps to protect the value of the vehicle but also helps cover the expenses of the damages incurred on the car and the body parts. As is the case with a normal car insurance plan, whenever you have an accident, the company provides you with the coverage amount after deducting the depreciation side of things. With zero depreciation cover, no such issues will cover and you will get a full claim settlement.
You might be interested in
Let’s find out more about it down below in this post:
Benefits of Shriram Zero Depreciation Car Insurance
Here are some of the major benefits of the zero depreciation plan under Shriram Insurance:
1. Higher Payout:
With the zero depreciation cover, you will be provided with higher payouts and reimbursement than a normal car insurance. Since the zero depreciation plan mitigates any loss in value arising out of depreciation, you will never have to see out a bad deal.
2. Market Reputaltion:
Shriram car insurance has a great reputation in the market. The insurer which is a venture of the Shriram Capital and Sanlam of South Africa has been the recipient of multiple awards over the years. They were awarded the Excellence in Growth Award for two consecutive years in 2011 and 2012 showcasing their good repute.
3. Affordable and the Best Coverage:
There has been a conception that zero depreciation cover tends to cost quite a lot. However, if you take a look at the Zero Depreciation cover from Shriram then you’ll find it is one of the best and affordable ones out there. Not only will it give you good protection but will also provide you with the best coverage at the minimum cost.
4. Speedy and Hassle-free Claim Settlement:
You can get speedy and hassle-free claims from Shriram due to their customer-centric approach. With over 2000+ network garages, finding the right claim center for garage repair is often easy.
Claim Process for Shriram Zero Depreciation Car Insurance
Getting your claim processed can be a hassling task with other insurance companies. But when it comes to Shriram it's as easy as it can get. You can simply raise claims with these few steps:
1. Intimate of the Claim
Start by intimating the insurance company about the claim. Contact them and fill in the claim intimation sheet. Make sure to include details like policy number, date and location of the accident, accident time, estimated damages, and more.
2. Wait for the Acknowledgment
The customer service team of Shriram Car Insurance will review your application and provide you with a claim reference number.
3. of the Vehicle
The next step involves an inspection of the vehicle from the insurance company. A surveyor will contact you and schedule a meeting for the inspection of the vehicle. Once inspected, the surveyor will send in his affirmation to the insurance company.
4. Processing of Claims
Your claim will be then processed and you will be provided with the claim disbursal amount.
Bajaj Allianz Zero Depreciation Car Insurance
Bharti AXA Zero Depreciation Car Insurance
Chola MS Zero Depreciation Car Insurance
Digit Zero Depreciation Car Insurance
Edelweiss Zero Depreciation Car Insurance
Future Generali Zero Depreciation Car Insurance
IFFCO Tokio Zero Depreciation Car Insurance
Kotak Mahindra Zero Depreciation Car Insurance
Liberty 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
Reliance Zero Depreciation Car Insurance
Royal Sundaram Car Insurance Zero Depreciation
SBI Zero Depreciation Car Insurance
Tata AIG Zero Depreciation Car Insurance Cover
United India Zero Depreciation Car Insurance
Universal Sompo Zero Depreciation Car Insurance
Find similar car insurance quotes by body type
Note: This is your car’s recommended IDV as per IRDAI’s depreciation guidelines.asdfsad However, insurance companies allow you to modify this IDV within a certain range (this range varies from insurer to insurer). Higher the IDV, higher the premium you pay.