Age comes with its drawbacks. The same applies to your vehicle. The older it gets, the more the value of your car or bike drops or ‘depreciates’. But, not to fret, this ‘Add on’ ensures that the value of your vehicle will remain as valuable as the day you bought it!
Zero Depreciation is also known as Nil Depreciation or Bumper to Bumper cover that leaves out the ‘depreciation’ factor from the coverage.
It basically means that if your car or bike gets damaged following a collision, no depreciation is subtracted from the coverage of wear and tear of any body parts of your vehicle.
The insurance company will offer you 100% of the entire cost (of course, minus the deductibles) of the body part which has to be repaired or replaced.
So, as we see we cannot really compare comprehensive insurance vs zero depreciation, as zero depreciation is only an add-on that can be taken with comprehensive cover, however, the former includes everything required to protect your car.
Rest assured with Zero Depreciation your beloved vehicle will always remain 100% as good as new!
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