Universal Sompo Zero Depreciation Car Insurance

Get Car Insurance starting at only ₹2,094/year #
Car Insurance

Car insurance provided under Universal Sompo General Insurance broadly falls into two categories, namely third party car insurance policy, which is a standard insurance policy made compulsory by the government, and the comprehensive car insurance policy, which protects the driver from the financial losses caused by any mishap such as fire or untimely accidents, natural calamity or man-made calamity. Universal Sompo zero depreciation car insurance is an add-on cover that can be availed with the comprehensive car insurance.

Read more

  • 3500 Cashless garages

  • Plan starting @ ₹2094#

  • 96% Claim settlement ratio

Car Insurance

#TP price for less than 1000 CC cars. All savings are provided by insurers as per IRDAI approved insurance plan. Standard T&C apply.

Get Car Insurance starting at only ₹2,094/year #
Looking for Car Insurance?
    Other models
    Other variants
    Select your variant
    View all variants
      Full Name
      Mobile No.
      We don’t spam
      View Prices
      Please wait..
      By clicking on “View Prices”, you agree to our Privacy Policy & Terms of Use
      Get Updates on WhatsApp
      Select Make
      Select Model
      Fuel Type
      Select variant
      Registration year
      Registration month
      Save & update
      Please wait..
      Search with another car number?

      We have found best plans for you!! Our advisor will get in touch with you soon.

      This policy allows policyholders to acquire even up to total claim sum without resolving depreciation charges on the particular insured car and its parts.

      Benefits of Universal Sompo Zero Depreciation Car Insurance

      Some of the amazing benefits of this policy are:

      • Higher Claim Amount- The zero depreciation car insurance plans are widely purchased along with the comprehensive car insurance policy. The policyholder is made insured of his car damages and enjoys specific higher claim amounts. By purchasing this add-on cover, a customer would not be responsible for paying depreciation charges by changing the financial obligation to the insurer liable.
      • Availability of 2 Claims- This is one of the fundamental reasons why zero depreciation is widespread among customers, which is the availability of 2 claims. A person who has opted for a comprehensive insurance policy can apply for a maximum of 2 zero depreciation add-on covers; the only thing he has to do is opt for nil depreciation add-on cover.
      • Obviate Additional cost- Unexpected cost out of pocket is not payable in the case of this cover since depreciation cost is not considered.
      • Greater Compensation- Policies IDV calculates the limit of claim the policyholder is meant to receive. The depreciation rate impacts this aspect directly. Hence, with the zero depreciation add-on cover, the policyholder can make claims that do not take into account the car's depreciation rate and receive a higher claim amount.
      • Greater Peace of Mind- Zero depreciation cover provides a plethora of protection layers to the policyholder and his/her vehicle by making up for losses, consequently resulting in peace of mind and serenity, which is a luxury when it comes to the matters of insurance of the vehicle purchased by the hard-earned money of the policyholder.

      Claim Process of Universal Sompo Zero Depreciation Cover

      Universal Sompo car insurance offers a simple interface and easy, user-friendly method to claim the policyholder. To purchase the policy cover, follow the following steps after visiting the official website of the insurance company:

      • Opt for car insurance and select the zero depreciation cover or zero depreciation add-on policy.
      • Fill in the details related to the insurance policy number, model, company, year of purchase of the policy, etc., to access the zero depreciation plan offered by the company.
      • Make the payment online via multiple methods such as digital wallets supported by the company, UPI, net banking, credit cards, debit cards, etc.

      Universal Sompo Zero Depreciation Car Insurance FAQs

      Find similar car insurance quotes by body type

      Hatchback Sedan SUV MUV
       Why buy from policybazaar

      Car insurance articles

      Recent Articles
      Popular Articles
      Must-Have Car Insurance Addons for Brand New Cars

      31 Jan 2024

      Investing in a full-coverage car insurance policy is essential for
      Read more
      No Claim Bonus (NCB) in Car Insurance

      29 Jan 2024

      No Claim Bonus (NCB) is a reward given by an insurer to a
      Read more
      How to Choose the Right Car Insurance for Your First Car?

      17 Jan 2024

      Buying their first car is no less than a milestone unlocked for
      Read more
      Things To Know Before Purchasing Sedan Car Insurance

      12 Dec 2023

      The type of four-wheeler you purchase also impacts its insurance
      Read more
      Know About Full-Coverage Car Insurance

      11 Dec 2023

      You must have read or heard about the term “Full Coverage Car
      Read more
      Check Vehicle or Car Insurance Status/Validity Online
      It doesn’t matter if you are an excellent driver or take your car out only once in a few months; your car must be
      Read more
      Getting Your Duplicate Car Insurance Policy is Easy-Here’s How!
      Losing your car insurance documents can be daunting. In such a state of affairs, the first thing that comes to your
      Read more
      Find Car Insurance Details By Registration Number
      Sometimes, you may face situations when you need car insurance or vehicle owner details but cannot readily access
      Read more
      How to Transfer Car Insurance Policy?
      An integral part of selling a car for both the buyer and the seller is ensuring a successful car insurance transfer
      Read more
      Comprehensive Insurance Vs Third Party Insurance
      Comprehensive car insurance offers protection to the insured car against third-party liabilities and own damages due
      Read more

      View Plans
      Download the Policybazaar app
      to manage all your insurance needs.