United India Zero Depreciation Add-on

United India Bike Insurance

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United India Zero Depreciation Cover

The decrease in the value of a bike with the passing time is taken into consideration as a depreciation factor by the insurance companies. During claim settlement, the insurer deducts the depreciation charge from the claim amount. To prevent this deduction, the policyholder can opt for the Zero Depreciation cover along with a standalone own damage or a standard comprehensive plan. Opting for United India Zero Depreciation cover ensures the maximum claim amount at the time of claim settlement.

Availing United India Zero Depreciation cover prevents the loss of claim amount in lieu of depreciation charges. Zero Depreciation cover ensures the maximum claim amount without the deduction of the depreciation charges.

Benefits of United India Zero Depreciation 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 with Zero depreciation cover with a slight increase in the premium.
  • Saves money: United India Zero Depreciation add-on cover takes care of the expense of repair and replacement of the depreciable parts of the insured’s bike irrespective of the depreciation factor. Thus, the policyholder can save money to be spent on the depreciated parts of the insured’s bike.

Zero Depreciation Insurance vs Normal Insurance

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%

Fibre glass parts

30%

0%

Glass parts

Nil

0%

United India Zero Depreciation Cover Conditions

United India Zero Depreciation comes with multiple benefits provided that the following conditions are fulfilled.

  • The age of the bike should not exceed 2 years.
  • This cover can be claimed only twice in the entire policy tenure.
  • Repair and replacement due to common wear and tear do not get covered.
  • Coverage is not provided in cases of total loss, mechanical and electrical breakdown of the insured’s bike.

United India Bike Insurance User Reviews

73 reviews Write a Review
  • Diverse payment gateways

    InsuranceDekho offers me multiple choices to pay for United India bike insurance policy. The secured and swift payment gateways of the platform help m...

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    C
    Chandan Mishra
    On: July 10, 2020 | Views
  • Easy to select choices

    I bought a United India bike policy from InsuranceDekho for my Yamaha RayZR 125 bike. It gave me a variety of insurance plan options to choose from wi...

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    S
    Soham Mishra
    On: July 9, 2020 | Views
  • Customer-friendly website

    The website of InsuranceDekho platform is very easy to use. I get all the insurance-related information and services for my United India insurance tha...

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    Y
    Yash Mehrotra
    On: July 3, 2020 | Views
  • Digital insurance procedures!

    During the purchase process of the United India bike insurance plan at InsuranceDekho, I did not have to go through any paperwork. I bought the policy...

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    H
    Himesh Pradhan
    On: June 26, 2020 | Views
  • Easy to compare and choose

    With Insurance Dekho, I could compare and select the best-suited quotes as per my requirements and budget. It helped me choose a United India plan for...

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    T
    Toshi Singh
    On: June 25, 2020 | Views

United India Zero-Depreciation Add-on Cover FAQs

  • When can I add Zero Depreciation cover to my United India standalone own damage policy?

    You can add Zero Depreciation cover to your United India standalone own damage policy at the time of purchase, renewal or in the middle of the tenure. However, an inspection may be conducted by the insurance company to check the condition of the insured’s bike.

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

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

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

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

  • Does a Zero Depreciation cover ensure full claim amount?

    No, opting for a Zero Depreciation cover does not ensure full claim amount as deductibles are factorized while calculating the claim amount. Zero Depreciation waivers only the depreciation charges ensuring maximum claim amount.

  • How can I add Zero Depreciation cover to United India bike insurance policy?

    You can add the Zero Depreciation cover to your United India bike insurance policy on their official website or by visiting the nearest branch.

United India Bike Insurance Contact Details

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