Bike insurance starting from Rs.482/year*
  • Save upto 75%*
    Lowest Bike Premiums
  • 11.5 Lakh+
    Happy Customers
  • Claim Support
    7 days a week

*TP price for less than 75cc two wheeler. All savings/offers are provided by the Insurers which are subject to modification. Terms and conditions apply

Raheja QBE Zero Depreciation Add-on

188 reviews Rate This
    Network Garages1,300+
    Zero DepreciationAvailable
    Emergency Assistance 24/7 Available
    Third Party CoverAvailable
    AccreditationA+ Rating by Standard and Poor's Insurance Financial Strength
    Claim ProcessDigitally Enabled

    Raheja QBE Zero Depreciation Cover

    Every insurance company takes into consideration the depreciation in the value of the bike over time. The depreciation charges are deducted from the claim amount at the time of claim settlement. This deduction can be prevented by availing the Zero Depreciation add-on along with a standalone own damage and a comprehensive bike insurance policy. Raheja QBE Zero Depreciation add-on ensures that the company would provide the assured sum irrespective of the depreciation factor.

    Raheja QBE Zero Depreciation cover ensures maximum claim amount to the policyholders. It provides the opportunity to avail free of cost repair and replacement of the depreciable parts of the insured’s bike in the network garages.

    Benefits of Raheja QBE Zero Depreciation Add-on Cover

    • Higher claim: Zero Depreciation cover promises a higher claim amount as the insurer does not deduct any depreciation value. The policyholders can avail the maximum claim amount by opting for Zero depreciation cover with a slight increase in the premium.
    • Saves money: Raheja QBE Zero Depreciation add-on cover takes care of the expense of repair and replacement of the depreciable parts of the insured’s bike. Thus, the policyholders can save the money to be spent on the depreciated parts of the insured’s bike.

    Depreciation Rate Applicable on Bike With And Without Zero Depreciation Add-on

    Age of Bike

    Rate of Depreciation Without Zero Depreciation Cover

    Rate of Depreciation With Zero Depreciation Cover

    Under 6 months

    Nil

    0%

    6 months to 1 year

    5%

    0%

    1-2 years

    10%

    0%

    2-3 years

    15%

    0%

    3-4 years

    25%

    0%

    4-5 years

    35%

    0%

    5-10 years

    40%

    0%

    Above 10 years

    50%

    0%

    Part of Bike

    Rate of Depreciation Without Zero Depreciation

    Rate of Depreciation With Zero Depreciation

    Rubber/Nylon/Plastic parts

    50%

    0%

    Fibreglass parts

    30%

    0%

    Glass parts

    Nil

    0%

    Factors Affecting Raheja QBE Zero Depreciation Cover

    Policyholders enjoy multiple benefits with the Raheja QBE zero depreciation cover; however, the following conditions should be kept in mind:

    • It is available for bikes with a maximum age of 2 years.
    • Policyholders can make only two claims in the entire policy tenure.
    • Repair and replacement due to common wear and tear are excluded.
    • In cases of complete damage, mechanical and electrical breakdown the insurer does not provide coverage.

    Calculate Your Bike Insurance

    Select your bike's brand
    • Hero
    • Honda
    • TVS
    • Bajaj
    • Yamaha
    Which city is your bike registered in?
    • Ahmedabad
    • Bangalore
    • Chandigarh
    • Chennai
    • Gurgaon
    When did you buy your bike?
    20052019
    Have you made a claim in the previous year?

    Must Read Articles before buying Raheja Qbe Bike Insurance

    Raheja QBE Bike Insurance User Reviews

    Write your review
    What users are saying
    • All
    • Most Helpful
    • Compare
    • Price
    • Cashless Garages
    • Comprehensive
    • Claim
    • Renew
    • Premium
    • Add On
    • Information on partner garages

      The list of partner garages under Raheja QBE bike insurance policy on the InsuranceDekho website is completely...

      Read More
      A
      By Ambar Singh
      On: October 21, 2021
    • Satisfactory policy buying exp...

      Issuance of Raheja QBE third party bike insurance plan from InsuranceDekho has been a very satisfactory experi...

      Read More
      R
      By Rajni Nagpal
      On: October 19, 2021
    • Best digital service

      I have never before come across a website like InsuranceDekho for insurance related services. The website has ...

      Read More
      By Niharika Mehra
      On: October 14, 2021
    • Policy descriptions are clear

      Although InsuranceDekho website has profound details on policies, yet there is nothing in excess or is confusi...

      Read More
      M
      By Manya Shrivastav
      On: October 12, 2021
    • Informative chatbox

      On the InsuranceDekho chatbox, I had enquired about my doubt related to useful add-ons cover to extend my Rahe...

      Read More
      P
      By Piyali Bhattacharya
      On: October 7, 2021
    • Plans with wider coverage

      I had purchased a Kawasaki KLX 140 and was searching for appropriate bike insurance plans with wider coverage ...

      Read More
      N
      By Narender Dutt
      On: October 5, 2021
    • Easy Accessibility

      I decided to surf the InsuranceDekho website through my smartphone and was initially doubtful whether I would ...

      Read More
      A
      By Akash Mathur
      On: September 30, 2021
    • Keeps me updated

      InsuranceDekho website helps me in staying updated about all the upcoming renewal dates and premium payment in...

      Read More
      R
      By Rishabh Sinha
      On: September 28, 2021
    • Availability of various cashle...

      The cashless garages listed on the InsuranceDekho website have their presence all over the nation. One is allo...

      Read More
      S
      By Sidharth Chandana
      On: September 24, 2021
    • Protection of private details

      I come to InsuranceDekho each time I want to buy insurance related products. This website is completely discre...

      Read More
      M
      By Madhurima Nayar
      On: September 22, 2021

    1 Raheja Qbe Cashless Garages in India

    Raheja QBE Zero Depreciation Add-on Cover FAQs

    • Who should opt for the Zero Depreciation cover?

      It is always advisable to opt for the Zero Depreciation cover to receive the maximum claim amount. However, it is best suited for the following:

      • New bike owners
      • Inexperienced bike drivers
      • Luxury bike owners
      • Owners living in the accident-prone zones.
    • Do I have to pay extra for adding the Zero Depreciation to my policy?

      Yes, opting for Zero Depreciation cover leads to a slight increase in the premium amount. The rate of increase in the premium is based on the model and condition of the bike.

    • Does Zero Depreciation provide coverage beyond the city limits?

      The Raheja QBE Zero Depreciation add-on will provide coverage within the predetermined geographical zone only. The insurer will not bear the expense of any damage incurred by the insured’s bike outside the area.

    • Do I get free replacement of the metal bike parts under Raheja QBE Zero Depreciation cover?

      Yes, you receive free of cost replacement of the depreciated metal bike parts under Raheja QBE Zero Depreciation cover.

    • Can I avail the Zero Depreciation cover in case of theft of the insured’s bike?

      No, you cannot avail the benefits of the Zero Depreciation cover in case of theft of the insured’s bike.

    Why to buy from InsuranceDekho?

    • Instant policy# within 5 mins
    • More than 11.5 Lac happy customers
    • Claim Support available all 7 days of the week

    Raheja QBE Bike Insurance Contact Details

    For any assistance or query, call us on:

    Bike Insurance News

    • Latest
    • Popular
    #Applicable on non-inspection cases i.e. existing policy has not expired or when buying a policy for a new vehicle.