Car Zero Depth Insurance: If you are a car owner and you do not know about zero depth insurance, then first of all, you should understand about it.

Car zero depth insurance: Zero depreciation insurance, also known as "bumper-to-bumper insurance," is a type of car insurance that does not account for depreciation during an accident or damage. This means that if your car suffers any kind of damage in an accident, the insurance company pays the cost of its full repair (as per the terms), without taking into account the decreasing cost of the parts.

Features of Zero Depth Insurance:

Complete Coverage:

In a general insurance policy, the cost of repair is paid according to the decreasing cost of old parts.

But in zero depth insurance, the insurance company pays the full price of the new parts.

Partial Cost Avoidance:

While making an insurance claim in a normal policy, you have to bear partial expenses due to depreciation.

In Zero Depth Insurance, this cost is borne by the insurance company.

Best options for new cars:

This insurance is especially beneficial for new cars, because the value of new cars depreciates rapidly.

What is covered?

Parts

such as plastic, fiber and rubber Metal body parts

paint work

What doesn't cover?

Tyre and battery

engine damage (unless there is a separate engine protection policy)

Regular servicing and defects are not available for

older vehicles (more than 5-7 years)

Why is it necessary?

Budget-friendly: Saves you from huge expenses of repairs after an accident.

Guaranteed Safety: The insurance company bears the entire cost of expensive parts of vehicles like your SUV.

Peace of Mind: One can use the vehicle without worrying about unnecessary expenses.

Best for whom?

Those who own

a new car are willing to pay a higher premium but want the insurance company to pay the full cost of repair.

If you don't have zero depth insurance, consider getting it for your SUV. This can prove to be a win-win deal in the long run.