Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Track & Policy DownloadLogin

Benefits of Zero Depreciation Cover For Bike


Written by Udit Varshney

Updated Jul 16, 2021

This article mentions the benefits of having a zero depreciation insurance cover for bikes.

A zero depreciation bike insurance cover is an add on cover that compensates you for depreciation expenses incurred by your bike over time. A zero depreciation cover is available as an add-on cover with standalone own-damage bike insurance plans and comprehensive bike insurance plans

Benefits of Zero Depreciation Cover For Bike

Benefits of Zero Depreciation Cover For Bike

The following are the different benefits that can be availed by anyone from a zero depreciation cover under a bike insurance policy   

  • Comprehensive Coverage

A standard bike insurance policy does not cover the depreciation expenses of your bike, however, by opting for a zero depreciation bike insurance add-on, you can enjoy comprehensive coverage for the own-damages of your bike.

  • Maintenance Coverage

Under bike insurance policies the cost of repairing or replacing depreciated parts of your bike is not covered. However, with this add-on, you can get the depreciated parts replaced without incurring any extra cost at the time of regular maintenance.

  • Helps Save Money

A zero depreciation add-on helps save your money which can otherwise get spent on the depreciation expenses of your bike.

  • Higher Claim Amount

Since with this add-on, no amount is deducted from your claim amount towards depreciation expenses, you get a higher claim amount for the repair of damages of your bike.

  • Peace of Mind

A zero depreciation add-on offers substantial amount of peace of mind to you by keeping you shielded against depreciation expenses also along with the own-damages of your bike.

Also Read:- Bike Insurance Policy - When & How Should You Change It?

Take Away

The benefits outlined above no doubt reflect the comfort of having a zero depreciation cover along with a comprehensive bike insurance policy. It is especially advisable for first time riders and the younger generation who are more prone to road accidents than others. It is common sense that accidents can happen anywhere and so it is vital to protect your bike with an insurance policy to reduce your own financial liabilities and expenses. 

Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.


Written by Udit Varshney

Udit has built B2C segments across various industries and has had significant contributions to the insurance sector. Read More

Explore more before buying Bike Insurance

    must dotmust graphics

    Why to buy from InsuranceDekho?

    • Instant policy# within 5 mins
    • More than 50 lakhs happy customers
    • Claim Support available all 7 days of the week

    People Also Read