Tata Aig Zero Depreciation Add-on

TATA AIG Car Insurance

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TATA AIG Zero Depreciation Cover

Every auto insurance policy comes with add-on covers. The most popular one among them is the zero depreciation add-on. The zero depreciation add-on, also known as bumper to bumper add-on and nil depreciation add-on, provides coverage against the depreciation applicable on your car and its parts.

In case of no zero depreciation, like all other insurer TATA AIG also deducts the depreciation amount on your car and its parts before acknowledging a claim and thus the cost of depreciation is borne by the policyholder.

Features of Zero Depreciation Cover

  1. The zero depreciation add-on is available only for cars up to 5 years old. If the insured vehicle has a minimum NCB of 20% then the zero depreciation add-on is available for vehicles aged up to 7 years.
  2. A maximum of 2 zero depreciation claims are allowed during the policy period.

Benefits of Zero Depreciation

The TATA AIG Zero Depreciation add-on provides you with the following benefits:

  • Higher Claim Amount: The TATA AIG zero depreciation enables you to claim a higher amount as it covers the 100% depreciation for all rubber, fibre, plastic and nylon parts of your vehicle. Please note that for tyres, tubes and batteries only 50% of the depreciation value will be covered by the insurer.
  • Saves Money: The TATA AIG zero depreciation add-on helps you save money. As the premium charged for this add-on is any day less than the depreciation incurred on a vehicle and its parts.

Depreciation Rate Applicable on Car Without Zero Depreciation Cover

Age of Car

Rate of Depreciation

Under 6 months


6 months to 1 year


1-2 years


2-3 years


3-4 years


4-5 years


5-10 years


Above 10 years


Depreciation Rate Applicable on Different Parts of Car Without Zero Depreciation Cover

Car Part

Depreciation Rate

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


Fibre glass parts


Glass parts


TATA AIG Car Insurance User Reviews

123 reviews Write a Review
  • The executives are polite with customers

    The humble and helpful team at InsuranceDekho helped me to purchase Tata AIG car insurance policy for my Renault Duster car. The executives talked to ...

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    Dev Dixit
    On: July 9, 2020 | Views
  • Helpful team at InsuranceDekho

    The customer support team at InsuranceDekho is really supportive. They helped me buy Tata AIG car insurance policy for my Tata Harrier car in just a f...

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    Naresh Pawar
    On: July 8, 2020 | Views
  • Knowledgeable customer care executives

    InsuranceDekho has a knowledgeable team of customer care executives who always suggest the best to the customers. They suggested a TATA AIG car insura...

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    Madhav Singhania
    On: July 8, 2020 | Views
  • I got great help from team

    The team at InsuranceDekho is so helpful. I purchased Tata AIG car insurance policy from them for my Renault Kwid and they explained to me all the pol...

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    Raju Gupta
    On: July 6, 2020 | Views
  • Smooth claim settlement process

    Not only was the renewal process of InsuranceDekho quick, but also the claim settlement process was smooth enough. I purchased Tata AIG policy for my ...

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    Anirudh Rajput
    On: July 2, 2020 | Views

192 Tata Aig Cashless Garages in India

TATA AIG Zero Depreciation Cover FAQs

  • How to know if I should opt for a zero depreciation add-on?

    The zero depreciation add-on is an apt option in the following cases:
    • Inexperienced/new drivers
    • luxurious cars
    • New cars
  • Is Zero Depreciation add-on same as Nil Depreciation add-on?

    Yes, the zero depreciation is also known as nil depreciation.
  • Does a comprehensive auto insurance policy comes with the zero depreciation add-on?

    No, the zero depreciation add-on is not a part of the comprehensive auto insurance policy. You need to opt for it separately.
  • Can I opt for zero depreciation cover with a third party insurance policy?

    No. Insurers do not provide any add-on with third party auto insurance policy. If you wish to opt for zero depreciation or any other add-on, you need to purchase a comprehensive auto insurance policy.

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