Raheja Qbe Zero Depreciation Add-on

Raheja QBE Car Insurance

93 reviews Rate This
  • Wide Network of Cashless Garages
    Check in your City
  • Availability of Personal Accident Cover
  • Dedicated Claim Management Team
  • Wide Base of Happy Customers

Raheja QBE Zero Depreciation Add-on

Depreciation reduces the value of a car with its age due to wear and tear. Hence, with time the insurance providers tend to charge more to insure it. In addition to a higher premium, the claim amount also gets reduced with time due to depreciation. To avoid such situations and to get a higher amount of claim, it is recommended to opt for Raheja QBE Zero Depreciation Add-On Cover.

With this add-on cover, the claim amount is calculated without applying depreciation on your car and its parts. This allows the policyholders to receive the complete claim amount, subject to applicable deductibles. This add-on coverage is available on the payment of an additional premium over the basic premium charges.

Benefits of Raheja QBE Zero Depreciation Cover

The zero depreciation add-on cover comes with the following benefits:

  • No Depreciation is charged on your car or any of its parts except tyres, tubes and batteries.
  • Replacement of depreciated parts.

Zero Depreciation Insurance v/s Normal Insurance

Age of car

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 car

Rate of Depreciation Without Zero Depreciation

Rate of Depreciation With Zero Depreciation

Rubber/nylon/ plastic parts, tires and tubes, batteries, paint work and airbags

50%

0%

Fibre glass parts

30%

0%

Glass parts

Nil

0%

Raheja QBE Car Insurance User Reviews

93 reviews Write a Review
  • Good insurance provider

    InsuranceDekho is a good insurance provider. I bought a Raheja QBE car insurance policy for my Mahindra Scorpio car from them in a few easy steps onli...

    Read More
    G
    Govind Sachdev
    On: July 10, 2020 | Views
  • Easy to renew

    I recently renewed my Raheja QBE car insurance policy that I purchased for my Toyota Yaris car from InsuranceDekho. The team helped me in renewing th...

    Read More
    A
    Anil Khanna
    On: July 9, 2020 | Views
  • Very humble customer care executives

    The customer care executives at InsuranceDekho are really polite. I bought a Raheja QBE car insurance policy from them for my Fiat Linea car and I am ...

    Read More
    S
    Shantam Jain
    On: July 3, 2020 | Views
  • Easy buying process

    InsuranceDekho’s services are really satisfactory. I bought a Raheja QBE policy from them last week for my Maruti Suzuki Alto car and was able to navi...

    Read More
    A
    Aryan Aggarwal
    On: July 2, 2020 | Views
  • Easy buying process

    InsuranceDekho’s services are really satisfactory. I bought a Raheja QBE policy from them last week for my Maruti Suzuki Alto car and was able to navi...

    Read More
    A
    Aryan Aggarwal
    On: July 2, 2020 | Views

Raheja QBE Zero Depreciation Cover FAQs

  • With the zero depreciation add-on cover, can I get my car repaired at Raheja QBE authorised garages?

    Yes, with zero depreciation cover, you can get your car repaired at any of the insurer authorized garage, workshop or service station.

  • When can I include this add-on cover in my comprehensive car insurance plan?

    You can add this add-on coverage at the buying or renewing your standalone own-damage or comprehensive car insurance plan.

  • What parts of my car are not included under the Raheja QBE zero depreciation cover?

    The zero depreciation cover does not give compensation for tyres, tubes and batteries.

  • Will I get any discount, if no claim for zero depreciation cover is requested in the policy year?

    Yes, you will be eligible to get the No Claim Bonus (NCB), provided that you have not requested any claim from your comprehensive/standalone own damage insurance plan in the policy year, as zero depreciation is just an add-on to your policy.

  • Can I add other add-on covers in addition to this zero depreciation cover?

    Yes, you can add as many add-on covers as you want besides the zero depreciation cover.

Latest Car Insurance News