In the absence of a zero depreciation cover, the Tata AIG General Insurance Company will deduct the applicable depreciation amount from the current manufacturer’s price of the insured car to arrive at the four wheeler’s IDV. Thus, this add-on cover enables the car owner to receive the full IDV of his/her car in the event of a total loss or theft of the vehicle.
Since zero depreciation is an add-on cover, a car owner needs to buy it separately under his/her Tata AIG car insurance policy on payment of an additional premium amount. Moreover, this add-on is available only under package policy and standalone own damage car insurance policy.
Take a look at some of the benefits of buying the zero depreciation add-on cover from Tata AIG General Insurance Company:
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
Reliance Zero Depreciation Car Insurance
Royal Sundaram Car Insurance Zero Depreciation
SBI Zero Depreciation Car Insurance
Shriram Zero Depreciation Car Insurance
United India Zero Depreciation Car Insurance
Universal Sompo Zero Depreciation Car Insurance
Zuno Zero Depreciation Car Insurance
There are certain special conditions that apply to a Tata AIG zero depreciation car insurance add-on cover. Take a look at these special conditions given below:
Car Insurance
Plans start at
₹2,094*
Compare & Save
Up to 85%*
on Car Insurance
29 Sep 2023
The concept of Own Damage(OD) is not a new one. For those of us29 Sep 2023
Filing a motor insurance claim can be a complex process, and29 Sep 2023
To continue receiving coverage benefits, it's necessary to renew20 Sep 2023
Having third-party car insurance is mandatory as per the motor13 Sep 2023
When buying car insurance, it is essential to have a thoroughInsurance
*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.
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