Zero Dep Car Insurance Means In Hindi
In hindi for third party insurance and comp.
Zero dep car insurance means in hindi - In a zero depreciation policy the insured gets the total cost of the damage or loss that is caused to the insured car. Consider the age of your car. Depreciation basically is a decrease in the value of an object with time.
But if you have zero dep insurance for your bike the insurance company will pay almost the entire cost of the parts to be replaced with nothing zero deducted for depreciation. Zero depreciation car insurance. The car insurance zero depreciation policy is applicable to cars under the age limit of 3 years.
File charges will be impose. So in other words only new cars are eligible for 0 depreciation car insurance. Know what insurance companies do not tell about zero depreciation car insurance.
In simple words having a zero depreciation cover means in the eyes of your insurer your bike will remain as good as new. Zero dep insurance cover also known as zero dep policy is a type of insurance cover which offers complete coverage without factoring in depreciation value of the vehicle. This means that if your car gets damaged in an accident you will receive the entire cost from the insurer.
For claim process zero depreciation insurance explained in simple words. The depreciation value of the replaced or damaged parts is usually deducted at the time of claim but with zero dep policy one can claim the full amount. As compared to a regular car insurance policy zero depreciation car insurance will be slightly more expensive in terms of premium.
The value of a car gets reduced the moment you take it out of the showroom. How a zero dep car insurance policy benefits you during claims.
