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Raheja QBE Zero Depreciation Add-on

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  • 24*7 active support line
  • Attractive Insurance Plans
  • Provides Zero depreciation
  • Affordable premium

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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.

Must Read Articles before buying Raheja Qbe Bike Insurance

Raheja QBE Bike Insurance User Reviews

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  • Affordable plans

    It had been a long time since I was looking for a bike insurance plan which is good and could fit my budget ...

    G
    By Gautam Singh
    On: March 1, 2023
  • Affordable plans

    It had been a long time that I was looking for a bike insurance plan which is good and could fit my budget e...

    G
    By Gautam Singh
    On: February 16, 2023
  • Multiple plans available

    I was not aware of the fact that there were multiple variations of bike insurance plans till the time I had ...

    R
    By Raghav Vaid
    On: January 31, 2023
  • Complete data of plans

    I bought a Raheja QBE bike insurance plan from InsuranceDekho, for my BMW G310 GS. I was so much impressed t...

    A
    By Abhishek
    On: January 24, 2023
  • Affordable plans

    It had been a long time since I was looking for a bike insurance plan which is good and could fit my budget ...

    G
    By Gautam Singh
    On: January 11, 2023
  • Best customer care team

    The customer care support of the InsuranceDekho website is helpful and supportive. While buying the Raheja Q...

    A
    By Amit Sharma
    On: December 28, 2022
  • Affordable plans

    The plans on the InsuranceDekho website are quite affordable to buy. I was looking for a good two-wheeler insu...

    A
    By Akshat Lal
    On: October 13, 2022
  • Best customer care team

    The customer care support of the InsuranceDekho website is helpful and supportive. While buying the Raheja Q...

    A
    By Amit Sharma
    On: August 24, 2022
  • Claim settlement at an ease

    I had insured my SVM Prana with the Raheja QBE bike insurance plan from the InsuranceDekho website. My bike ...

    A
    By Ahmed Shah
    On: August 16, 2022
  • Affordable plans

    The plans on the InsuranceDekho website are quite affordable to buy. I was looking for a good two-wheeler in...

    A
    By Akshat Goyal
    On: August 9, 2022

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?

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Raheja QBE Bike Insurance Contact Details

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