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Zero Depreciation Bike Insurance

Zero Depreciation Bike Insurance

Starting from ₹155/year*
5 / 5
Based on 5 reviews
1 Lakh+ visitors/day
24/7 claim support
60 Sec express renewal
17+ Insurers
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Product Description

Zero Depreciation Bike Insurance is an add-on cover that ensures full claim settlement without factoring in the depreciation of bike parts. It offers maximum coverage by paying the full cost of replaced parts during repairs, making it ideal for new or high-value bikes.

Features
Mandatory by law for all bike owners
Covers depreciation on parts like plastic, rubber, and metal
Premiums are fixed by IRDAI
Applicable for bikes usually up to 5 years old
Covers injury, death, property damage to third parties
Can be purchased with Comprehensive or Own Damage cover
Does not cover your own bike’s damage
Limited number of claims allowed per year (varies by insurer)
Easy to buy & renew online
Slightly higher premium than standard policies
Benefits
Keeps you legally compliant
Higher claim payout without depreciation deductions
Budget-friendly premiums
Reduces out-of-pocket repair expenses
Covers third-party legal & financial liabilities
Offers better value for new or luxury bikes
Offers peace of mind in case of accidents
Ensures peace of mind during accidents or part replacements
Saves you from heavy out-of-pocket expenses
Improves overall policy effectiveness

Zero Depreciation cover – full claim & no deduction

Starting from ₹1.3/day*
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Zero Depreciation Product Description Insurance Reviews & Ratings
5 / 5 (Based on 5 Reviews)
(Showing Newest 5 reviews)
Anuj
Banaras, September 05, 2025
★★★★★
Full Amount Covered
I had a minor accident, and the repair cost for my bike's bumper and side panels came to ₹18,000. Thanks to Zero Depreciation bike insurance cover, I didn’t have to pay for the parts' depreciation – the insurer covered almost the entire bill!
Vikas
Ujjain, September 04, 2025
★★★★★
Zero Depreciation Cover
It felt good to know that even after 3 years of owning my bike, thanks to my zero depreciation bike insurance, that paid the full claim without cutting money for wear and tear
Sahil
Delhi, September 03, 2025
★★★★★
Super- easy
Getting zero depreciation bike insurance from Policybazaar was so easy. It took me less than 10 minutes to purchase the policy through their website.
Pramod
Gurgaon, September 02, 2025
★★★★★
Guided Well
Had taken Zero Depreciation cover with my bike insurance. During claim time, not a single rupee was cut for parts. The process was easy, and Policybazaar guided me well.
Ashok
Jalandhar, September 01, 2025
★★★★★
Smooth Claim Experience
Zero Depreciation cover truly helped me during claim settlement. The insurer didn’t deduct anything for parts, and the claim process was smooth too. Policybazaar made it simple.
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