Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Claim, renew, manage & moreLogin

United India Zero Depreciation Add-on

137 reviews Rate This
    Network Garages3,100+
    Claim Settlement Ratio82.93%
    Policies Issued (FY-19)1.75 Crore+
    Third Party CoverAvailable
    Zero DepreciationAvailable
    AccreditationAAA/Stable Rating by CRISIL

    United India Zero Depreciation Insurance

    Zero depreciation covers cars that are damaged during an accident or theft without factoring in depreciation costs, which would have otherwise been included. It is applicable only to new cars with a maximum age of 5 years.

    Generally, even if car owner has comprehensive insurance, during a claim, the insuring company deducts the depreciation from the actual claim to bring out the final settlement figure. However, with a Zero Depreciation insurance add-on, claim amount does not take into consideration that the car might have been depreciated during the tenure of the insurance. Instead, in case of any loss or damage due to accident or theft, the insured can claim complete amount without factoring depreciation from it. Hence, even if the car might have had certain scratches on paint or faulty mechanics due to excessive usage, reimbursement will be for the entire cost of replacement.

    Benefits of Zero Depreciation Insurance

    Zero Depreciation insurance comes with a lot of perks for the insured. Here they are listed below.

    • Claim amount with a Zero Depreciation add-on is always higher than one without it.
    • In case of major damages or loss, the insured gets rid of out-of-pocket expenses and most of them are covered without taking depreciation into account.
    • Addition of Zero Depreciation to the current car insurance adds a lot of value. Total coverage is huge and investments are reduced to almost nil.
    • Gives the owner a peace of mind regarding any unforeseen mishaps, like an accident or theft.
    Car insurance starting from Rs. 2072/year*
    • Save upto 75%*
      Lowest Car Premiums
    • 11.5 Lakh+
      Happy Customers
    • Claim Support
      7 days a week

    *TP price for less than 1000cc four wheeler. All savings/offers are provided by the Insurers which are subject to modification. Terms and conditions apply

    Factors affecting Zero Depreciation

    There are a few basic things to look while trying to purchase this insurance cover:

    • Zero Depreciation add-ons can be taken for vehicles not older than 5 years..
    • The premium amount and claim for insurance with Zero Depreciation add-on are directly affected by the make and model of any concerned vehicle.
    • In general cases, the driving history of the owner is taken into consideration. Applicants who have a bad record with handling cars on roads generally have to pay a higher premium.
    • Luxury cars, like those from premium brands, will incur a higher cost if Zero Depreciation add-on is included, are likely to be charged higher premium.

    United India Zero Depreciation Claim Process

    • Intimate the insurer

    The insured needs to get in touch with the nearest UIIC office or branch. Following this, the insurance company will make a survey of the vehicle in question. Hence, if any grave accident has taken place, like fire, etc., the vehicle is to be kept at the spot.

    • Seek medical help and lodge an FIR

    The third-party needs to be rushed to the nearest hospital for medical attention. In the unfortunate case of death of the victim, contact the local police. An FIR of the accident is mandatory.

    • Documentation and formalities

    Submit the claim form and complete all formalities. A copy of FIR will be needed here.

    • Surveying of the vehicle and accident spot

    The insurance company will visit the spot and perform a final survey.

    • Get a repair quote

    The vehicle will then be taken to a garage for a repair quote and claim (without factoring depreciation) will be disbursed after completion of all formalities.

    Calculate Your Car Insurance

    Select your car's brand
    • Maruti
    • Hyundai
    • Honda
    • Toyota
    • Mahindra
    Which city is your car registered in?
    • Ahmedabad
    • Bangalore
    • Chandigarh
    • Chennai
    • Gurgaon
    When did you buy your car?
    Have you made a claim in the previous year?

    Must Read Articles before buying United India Car Insurance

    United India Car Insurance User Reviews

    Write your review
    What users are saying
    • All
    • Most Helpful
    • Compare
    • Price
    • Cashless Garages
    • Comprehensive
    • Claim
    • Renew
    • Premium
    • Add On
    • Reminder feature

      The InsuranceDekho website holds a reminder feature which is very helpful. A month ago, I bought the United ...

      Read More
      A
      By Abir Seth
      On: March 17, 2023
    • Superb benefits

      I recently bought a United Car Insurance Policy for my Skoda Fabia from the InsuranceDekho website. I must s...

      Read More
      S
      By Sheeksha Singh
      On: March 15, 2023
    • Got my plan renewed over a pho...

      Renewing your policies is quite easy at the InsuranceDeko website. While looking to renew my United car Insu...

      Read More
      S
      By Sushmita Kaul
      On: March 13, 2023
    • Very reliable website

      The car insurance policy details, specifications, and related information make InsuranceDekho a trusted plat...

      Read More
      A
      By Anant Singh
      On: March 9, 2023
    • Helpful plan

      I was looking for a good car insurance plan for my Skoda Fabia and came across the UnitedCar insurance polic...

      Read More
      J
      By Jasbir Singh
      On: March 6, 2023
    • 7 days availability

      The InsuranceDekho’s website services are available on all 7 days of the week. I visited their website on a ...

      Read More
      T
      By Tanmay Yadav
      On: March 2, 2023
    • Hassle free and straightforwar...

      The interaction with the agent (David) was hassle free and straightforward. He called back on the proposed tim...

      N
      BMW X1 2015-2020 Pune
      By NIKHIL OWALEKAR
      On: February 15, 2023
    • Timely claim settlement

      I had filed a claim on the InsuranceDekho website for my Audi Q5 since my car was secured with the United In...

      Read More
      K
      By Kabir Singh
      On: February 14, 2023
    • Claim settled on time

      I had filed a claim on the InsuranceDekho website for my Audi Q5 since my car was secured with the United In...

      Read More
      R
      By Raj Bahal
      On: January 12, 2023
    • Hassle-free claim settlement

      I filed a claim for my United car insurance policy which I had purchased from the InsuranceDekho website to in...

      Read More
      V
      By Varun Goyal
      On: January 10, 2023

    207 United India Cashless Garages in India

    United India Zero Depreciation Cover FAQs

    • Can I get a Zero Depreciation cover for my car which is more than five years old but is in brand new condition?

      No. Zero Depreciation add-on cannot be availed along with insurance when the car is more than 5 years old, irrespective of its condition.
    • How much premium will I need to pay for Zero Depreciation insurance add-on?

      Nothing can be said about the amount of premium for adding Zero Depreciation until it is calculated by official means. But in general cases, budget-friendly cars will attract lower amount while expenses cars attract higher rates.
    • Will Zero Depreciation add on replace my car if it has been in an accident?

      It depends on the condition of any concerned vehicle following an accident and also on the company’s final decision. In most cases, if condition demands a replacement, it will be reimbursed, otherwise, repair costs will be provided, of course, without deducting the depreciation.
    • If I get a complete reimbursement, will it cover the entire cost of the new car?

      Not the same as the cost of a new car, but if everything goes well and the company is satisfied, claim amount will be sanctioned without subtraction of any depreciation.
    • Why should I choose Zero Depreciation add-on for my new car?

      Zero Depreciation is a no-nonsense kind of add-on for any existing insurance scheme. A new car is always prone to risks, especially if it is a new first-time buyer or new driver. Under such circumstances, the feasibility of Zero Depreciation add-on is more lucrative to the insured rather than the insurer.
    must dotmust graphics

    Why to buy from InsuranceDekho?

    • Instant policy # within 5 mins
    • More than 45 Lac happy customers
    • Claim Support available all 7 days of the week

    United India Contact Detais

    Car Insurance News

    #Applicable on non-inspection cases i.e. existing policy has not expired or when buying a policy for a new vehicle.