When your vehicle is damaged, regular insurance reduces the claim amount by deducting depreciation on parts. Zero Depreciation Insurance eliminates that loss by covering the full repair or replacement cost, without factoring in wear and tear. This means higher claim payouts, lower out-of-pocket expenses, and complete financial protection when your vehicle needs repairs.
Zero Depreciation Car Insurance, also known as "bumper-to-bumper" coverage, is an add-on to comprehensive car insurance policies that ensures the insurer covers the full cost of repairs or replacements without factoring in depreciation.
This means that in the event of a claim, you won't have to bear the depreciation cost of car parts, leading to higher claim settlements and reduced out-of-pocket expenses.