Car owners can also purchase addons along with the standard insurance policy, which will help them get compensation for all the expenses they incur in case their car is damaged
The Zero depreciation cover also known as “nil dep” ensures that the value of the vehicle is preserved without any depreciation over a period of time.,
It provides complete insurance, without considering the age of the vehicle, and the damages which resulted in the reduction in the value of the car due to depreciation.
This cover is particularly useful for newer models of cars where parts are replaced instead of being repaired.
Usually plastic parts are completely replaced in case of damage, in the newer car models
This ensures that the car owner does not have to pay an additional amount for repairs of the car.
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