• Zero Depreciation Car Insurance

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    What is zero depreciation car insurance cover?

    Zero depreciation is an additional benefit (add-on) that every car owner can enjoy at the cost of paying an extra/higher premium. Zero depreciation is usually not included in the standard/comprehensive no-frills insurance policy.

    At the time of insurance claims, every insurance company always calculates and applies the depreciation rate to decide the amount payable (with reference to the damaged part of the car) for settling the claim. The difference in cost between the market price of the new part and depreciated part needs to be shelled out by the insured/car owner.

    With zero depreciation add-on, when you file an insurance claim due to damage/loss to your car, the insurer covers the entire cost without accounting for/counting in the vehicle’s depreciation. Zero deprecation is an attractive prospect for customers who want a smooth claim settlement in the future, along with peace of mind. For a brand new car, buying this add-on is definitely a worthwhile investment as long as paying the additional premium doesn’t burn a hole in the owner’s pocket.

    What is depreciation rate in car insurance?

    Though the depreciation rates taken into account vary from one insurance company to another, there are some standard policies followed by every company. Some parts of the car age faster than the others. Hence the depreciation value is higher for them. Depending on these factors, the insurer applies different depreciation rates for different parts of the car.

    Rubber/plastic parts, tyres/tubes, battery etc. are susceptible to maximum amount of wear and tear. Hence, the depreciation rates applied on them are usually higher compared to other parts like fibre glass, etc. The depreciation of metallic parts are based on the age of the vehicle.

    The Insurance Regulatory and Development Authority (IRDA) has set some guidelines on the depreciation of car parts:

    Plastic, nylon, and rubber parts 50% depreciation is deducted
    Car batteries 50% depreciation is deducted
    Fibreglass components 30% depreciation is deducted
    Wooden and metallic components The depreciation is calculated based on the age of the vehicle. This could be 5% at the end of the first year, 10% at the end of the second year, and so on.

    Some important aspects of zero depreciation

    • Applicable only on new cars

    Usually, only new cars can avail the zero depreciation add-on. A certain age limit is given by the insurer, with regards to the same. If your car is older than the specified limit, it is not eligible to enjoy this add-on.

    • Compulsory excess

    The coverage offered is not 100%, always. Some insurers don’t cover normal wear and tear and mechanical breakdown under this add-on. Every customer who has taken a zero depreciation has to pay a mandatory policy excess. This is known as compulsory excess.

    • Restriction on number of claims

    A zero depreciation add-on cover may limit the number of claims that can be made annually. Again, this may vary from one insurance company to another.

    Your car is vulnerable to a lot of threats, damages and unforeseen circumstances. A comprehensive car insurance policy protects your car from every possible danger. Strengthen this protection by choosing from a wide range of add-on covers. Give your vehicle the attention and care it deserves by choosing the right car insurance policy and add-on covers.

    Differences between zero depreciation and comprehensive car insurance policy

    Comprehensive Car Insurance Policy Zero Depreciation Car Insurance
    Is the all-encompassing car insurance policy inclusive of add-on covers and protection against financial liabilities arising from a number of common, everyday scenarios. This insurance policy protects the owner/driver of the vehicle against the depreciation factor due to normal wear and tear that impacts the settlement value in case of claims.
    Usually includes add-on covers to boost the overall effectiveness of the policy (Eg- Personal accident cover, Hospital cash, Key replacement cover, etc.) Is usually offered as an optional add-on cover alongside the comprehensive car insurance policy. However, customers can also choose to opt for this as a standalone policy.
    Since many scenarios are covered, the applicable premium amount is expected to be higher, however it is lower as compared to Zero Depreciation policy. Since this policy provides protection against ONLY the depreciation factor, the applicable premium amount is expected to be low. However, it is higher when compared to the normal policy.
    Ideal for those who are looking for complete protection for their cherished vehicle and are conscious about the budget involved. Ideal for those who deem themselves confident drivers and could do with a little less insurance. Also, people can opt for this policy to stop losing money due to the depreciation factor when raising a claim.

    Benefits of zero depreciation car insurance

    The following points illustrate the benefits of zero depreciation car insurance, from the context of an average, everyday motorist-

    • When raising a claim, the insured is assured of 100% settlement of the cost of the vehicle’s repairs, without taking into consideration the depreciation factor that arises from normal wear and tear.
    • The normal, comprehensive car insurance policy doesn’t account for damages incurred by the glass, plastic, nylon, fibre, etc. parts of the vehicle. However, zero depreciation policy pays for all of these.
    • The inherent cost of subscribing to the zero depreciation car insurance policy might be a tad more than the conventional policy, however, this gap is usually made up for when the insured raises a claim after a particularly nasty accident.
    • Assures 100% mental peace and satisfaction to the insured, in the knowledge that he/she is unlikely to lose any money when tending to their damaged vehicle. Technically, they are repairing their accident battered vehicle for free.

    Is zero depreciation insurance promoting careless driving?

    Considering the watertight protection offered by the Zero Depreciation Insurance policy in the case of a claim, many subscribers may feel a sense of invincibility in the knowledge that with this cover, all their losses will be recovered without losing anything to the depreciation factor. This begs the question- Is zero depreciation insurance policy promoting careless driving?

    Yes No
    Customers’ attitude towards expensive auto repairs is changing, as everything can be set right at little to no personal expense. Customers are still concerned about the No Claim Bonus (NCB). They lose this lucrative benefit when they raise a claim.
    Customers use these trips to the garage to refill up on, and set right nags that may not require servicing. Every inconsequential problem with the vehicle is likely to send it packing to the garage. Most people still consider Zero Depreciation insurance to be an expensive indulgence. If they have it, they are more likely to utilise it in extreme cases of damage incurred by their vehicle.
    Zero Depreciation Insurance is usually not available for the entire lifetime of the vehicle. Thus, individuals might be tempted to avail it before the time runs out on them. For the unsure driver, Zero Depreciation Insurance acts like a confidence booster. It is bound to take away the fear of incurring massive repair bills if damage were to happen, and help the subscriber prepare better for a rainy day.

    Thus, this question has no clear cut answer. How the policy will be used and if it breeds careless driving habits will ultimately depend on the individual driver. However, recent instances point to car insurance companies paying particular attention to this disruption inducing policy and have denied its availability to specific vehicle makes that have been known to be particularly prone to accidents and damage.

    Who should purchase the zero depreciation cover?

    If you are the owner of a new car, buying a zero depreciation rider to enhance its insurance coverage is a good idea. The rider also suits new drivers who are more prone to damaging their vehicles. However, it should be noted that even the most experienced of drivers can be involved in an accident that was the fault of the third-party. In this situation also, a zero depreciation cover would come to the rescue of the driver.

    So, if you own a new car and do not mind paying the extra premium for this add-on cover, you should go for it.

    What is the additional premium payable for a zero depreciation cover?

    Since a zero depreciation cover offers you the entire claim amount without considering depreciation, it will certainly be priced quite high. The general understanding is that a car insurance policy with zero depreciation add-on cover will cost around 15%-20% more than the base policy alone.

    However, the actual cost varies on the basis of the policyholder’s driving history and the regulations set by the insurance company.

    What are your savings in a year when you have a zero depreciation cover?

    Let us consider an example to understand how the zero depreciation cover works in the event of a claim. Say, the cost of your car is Rs.8 lakh. Suppose the cost of damage to its parts and depreciation is as shown below:

    Part of the car Cost of damage (Rs.) Percentage depreciation Cost of depreciation (Rs.)
    Metal part 10,000 5% or 0.05 500
    Fibreglass part 2,000 30% or 0.3 600
    Plastic part 10,000 50% or 0.5 5,000
    Windscreen 2,000 0 0
    Labour 5,000 0 0
    Total expenses 29,000 - 6,100

    So, if you have a comprehensive car insurance policy without the nil depreciation cover, you will have to pay Rs.6,100 for the repairs.

    Now consider a scenario in which you have the zero depreciation cover attached to your base auto insurance policy. The total expenses that you will be bearing in a year are as detailed in the table below:

    Cost of auto insurance and claim amount Amount without zero depreciation cover (Rs.) Amount with zero depreciation cover (Rs.)
    Basic premium (I) 14,000 14,000
    Cost of zero depreciation add-on (II) 0 3,000
    Total cost of the policy (A) = (I) + (II) 14,000 17,000
    Deductible for each claim raised (III) 3,000 3,000
    Cost of repair of the car, based on the table above (IV) 29,000 29,000
    Cost of depreciation borne by the policyholder, based on the table above (V) 6,100 0
    Total expenses borne by the policyholder (B) = (A) + (III) + (V) 23,100 20,000
    Policyholder’s savings (C) = (IV) - (B) 5,900 9,000

    The above table indicates that the policyholder can get significant savings even if he/she raises only one claim in a year.

    Exclusions in zero depreciation plans

    Zero depreciation plans, also referred to as bumper to bumper insurance, have some exclusions as described below:

    • The plan is not offered to cars that are more than 5 years old.
    • The zero depreciation cover is not provided to vehicles that have clocked more than a specified number of kilometres.
    • Nil depreciation cover usually has limitations on the maximum number of claims that can be raised in a year. This is implemented by insurers to prevent policyholders from raising claims for every small dent or damage. The limits vary between insurers, so you should check the policy documentation to understand the specifics for your plan.
    • A zero depreciation cover does not protect the car from damage to its engine through oil leakage or water ingression.
    • Standard wear and tear to cars and car parts such as clutch plates, tyres, bearings, etc. are not covered under nil depreciation insurance.
    • Other exclusions from bumper to bumper insurance include mechanical breakdowns (that do not result in an accident) and consequential damages.
    • Cost of oil, such as gear oil, clutch oil, brake oil, engine oil, coolant, etc. are not covered.
    • Compulsory deductibles are not covered under a zero depreciation plan. At the time of a claim, the amount corresponding to compulsory deductibles will have to be borne by the policyholder.
    • A private car being used for commercial needs is not included in the coverage of the plan.
    • The driver not carrying a valid driving license is also not covered.
    • The driver being under the influence of drugs or alcohol is excluded from coverage.
    • If the claim is not made within the stipulated timeframe, it will not stand valid.
    • The driver using the car for malicious purposes is also not covered.

    When is a zero depreciation claim null and void?

    When a claim is raised against a zero depreciation add-on cover, it will not be honoured by the insurance company if any of the exclusion criteria are met. It is important that the policyholder furnishes accurate information with justifying documents when raising the claim to prevent it from being invalidated.

    Shortcomings of nil depreciation cover

    • One of the main disadvantages of buying bumper to bumper insurance is the cost factor. If you are looking to insure your car at a minimal cost, then this is not an option.
    • Zero depreciation cover also has a considerable number of exclusions. The basic exclusions involved in comprehensive car insurance are valid here as well.
    • Zero depreciation cover is not offered to vehicles that are more than 5 years old.
    • There are limits on the maximum number of claims that can be raised under a zero depreciation cover in a year.

    Does it make sense to go for this cover?

    If you are not very particular about containing your car insurance expenses to a certain limit, then you should go for a zero depreciation cover. This will enhance the coverage of your policy to a great extent and offer maximum protection for your car.

    • The zero depreciation cover is very useful for owners of new cars.
    • Also, if you are not an experienced driver, it makes sense to buy this coverage.
    • Owners of high-end cars with expensive parts can also benefit from this insurance cover.
    • If you live or park your car in an area where the incidence of car thefts or other such crimes are high, you should protect your vehicle with bumper to bumper insurance.
    • If you are conscious about small dents or bumps that may surface on the body of your car, you should consider taking zero depreciation insurance.

    Zero Depreciation Car Insurance FAQs:

    1. What factors affect the premium of a nil depreciation cover?

      The premium you pay towards a zero depreciation add-on cover is based on the following factors:

      • Age of the vehicle
      • Model of the car
      • The location of usage and parking of the car
    2. Which insurers in India offer zero depreciation insurance?

      Most of the Indian insurance companies offer zero depreciation cover as an add-on policy. This includes:

      • Bajaj Allianz
      • Bharti AXA
      • Tata AIG (refers to the add-on as depreciation reimbursement cover)
      • Royal Sundaram (refers to the add-on as depreciation waiver cover)
    3. Will the zero depreciation add-on policy offer coverage for theft of the car’s tyres?

      This depends upon the policy wordings. Usually insurers offer this cover only for the repair or replacement of tyres/tubes due to accidental damage.

    4. I have a restricted cover policy with my insurance company. Can I avail the nil depreciation add-on insurance for my car?

      No, add-on covers can be availed only with a comprehensive package policy.

    5. I have heard that insurers offer add-ons as bundles. Can I choose only the zero depreciation add-on?

      Insurance companies offer add-on covers in bundles so that a customer’s policy coverage is optimised. However you can request for only the zero depreciation add-on cover, if that is what you specifically require.

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    News About Zero Depreciation Car Insurance

    • Launch of Audi Q5 in India; price starts at Rs.53.25 lakh

      Audi has launched the latest model of the Q5 in the Indian market. Prices for the SUV would start from Rs.53.25 lakh, ex-showroom Delhi.

      The Q5 will be available in two variants, i.e., Technology and Premium Plus. Technology will have a price tag of Rs.57.60 lakh, ex-showroom Delhi.

      This is the first launch from Audi this year, and the latest model will replace the current generation that entered into the Indian automobile scene in 2011. The Q5 is expected to be assembled at the Aurangabad plant.

      The 2018 version of the SUV is based on the MLB Evo platform and will be lighter than its predecessor by 100kg. It has a longer wheelbase and sharper design. There is a new single-frame grille with a sporty bonnet and Matrix LED headlamps. The interiors have also been revamped with a touchscreen infotainment and Heads-up Display (HUD) system.

      The engine will be the same 2 litre TDI motor that generates 187 bhp of maximum power and 400 Nm of peak torque. The engine will be coupled to a 7-speed S tronic automatic transmission that has dampers to make gearshifts smoother. The fuel efficiency of the vehicle is 17.01 kmpl.

      5 February 2018

    • Tata Motors will showcase H5 SUV, new LCV, and X451 hatchback at Auto Expo 2018

      Tata Motors has plans of unveiling several new models at the Auto Expo 2018. The teaser video released by Tata Motors do not reveal much about the models. However, it is understood that the company will showcase an SUV codenamed H5, X451 premium hatchback, and a Light Commercial Vehicle (LCV).

      • Tata H5 SUV - This SUV will be based on the L550 platform seen in Land Rover Discovery Sport and will be made available in 5 and 7 seater options. At the heart of the vehicle will be a 2 litre MultiJet diesel engine that is also seen in Jeep Compass.
      • New Tata LCV - Tata Motors is a leader in the LCV space with its Ace. The company will be launching a new and innovative model in this segment soon.
      • Tata X451 Hatchback - This model was internally codenamed X451 and will rival several established hatchbacks in the market such as Honda Jazz, Maruti Baleno, and Hyundai i20. The X451 will be the first vehicle to use the Advanced Modular Platform (AMP) from the company. The car will have a 1.2 litre turbo petrol engine or a 1.5 litre diesel motor.

      2 February 2018

    • Launch of Range Rover Evoque Landmark Edition in India

      Land Rover has launched the 2018 Range Rover Evoque Landmark Edition in the Indian automobile market with a price tag of Rs.50.20 lakh. This launch marks six years of the SUV which has been renowned as one of the most stylish models in the Indian market.

      The changes in the upgraded model of Evoque include a dynamic body style kit, graphite atlas grille, lower door cladding that is body-coloured, tailgate lettering, bonnet, and fender vent. The vehicle also has new 18-inch wheels and comes in three colours. Additionally, the Landmark Edition gets new features like powered gesture tailgate and keyless entry.

      The 2 litre ingenium diesel engine generates 177 bhp of peak power and 430 Nm of maximum torque. The vehicle can speed up from 0 - 100 kmph in 9 seconds and has a top speed of 195 kmph.

      The President and Managing Director of Jaguar Land Rover India Ltd. has said that the Range Rover Evoque is a symbol of luxury in the SUV segment. It has a critically acclaimed design and all-terrain capability. He also stated that the striking looks and upgraded features of the Landmark Edition will make it a favourite in the market.

      1 February 2018

      • Renault may roll out electric Kwid in India after its launch in China

        Renault is currently working on the electric version of the Kwid for launch in India in the affordable car segment. This will increase the competition for the other electric vehicle (EV) makers such as Tata Motors Ltd. and Mahindra & Mahindra Ltd.

        The electric Kwid will be launched first in China, and this will be followed by its introduction in India. The range extension possibilities and road-worthiness of the Kwid are being assessed in India. The company is awaiting the government's move to formalise the EV policy before making a decision on the launch. The launch of other EVs from the auto manufacturer will also be on the basis of the government's EV policy.

        Renault also stated that it does not have a unit for manufacturing batteries in India, so there needs to be a partnership that would leverage the same.

        31 January 2018

      • Mahindra KUV100 NXT will be available with AMT in 2018

        The 2017 version of KUV100 NXT was launched by Mahindra and Mahindra on 10 October with improved features and fresh styling. The vehicle is available at a price of Rs.4.39 lakh, ex-showroom Delhi.

        At the launch of the vehicle, the President of Automotive Sector, Mahindra and Mahindra, stated that the manufacturer will be launching the car with AMT in the coming 6 months. This pegs the launch date of the automatic model in the first half of 2018.

        The current automobile market has witnessed significant growth in the demand for automatic cars. Sales of these cars have also overtaken that of the manual versions.

        Mahindra is also expected to introduce an all-electric model of the KUV100 NXT with a new powertrain. The launch date of the electric model is expected to be sometime in 2019.

        25 October 2017

      • Launch of Porsche 911 GT in India

        Porsche has expanded the 911 line-up in India by launching the 911 GT3 sports car, with a price tag of Rs.2.31 crore (ex-showroom). One of the most awaited models in India, the new Porsche 911 GT3 has received bookings from the beginning of the year. This was right after the global unveiling of the model at the 2017 Geneva Motor Show.

        The new Porsche 911 GT3 promises excellent track performance and has a host of attractive exterior and interior features that sets it apart from from its predecessor.

        The car will compete against Mercedes-AMG GT R, Audi R8, and Nissan GT-R in the Indian automobile market.

        The car has a 4-litre 6-cylinder boxer motor that generates 493 bhp of peak power and 540 Nm of maximum torque. You can choose between a 6-speed manual gearbox or a 7-speed PDK automatic transmission. The 911 GT can accelerate 0-100 kmph in 3.4 seconds on the automatic model and in 0.5 seconds in the manual variant.

        23 October 2017

      • Launch of Mercedes Edition C sedan in India

        Mercedes-Benz extended its C-class portfolio with the launch of the Edition C sedan. The cost of C 200 Avantgarde Edition C is Rs.42.54 lakh, while that of C 220 d Avantgarde is Rs.43.54 lakh. The cost of C 250 d Avantgarde Edition C is Rs.46.87 lakh as well.

        Mercedes-Benz stated that C-Class has been a highly popular portfolio in India, selling more than 27,500 units since its launch in the country. The company is confident that the latest entrants will retain the popularity of the class and offer value-added services to its customer base.

        10 October 2017

      • Nissan launches used car business in India

        Nissan, the prominent Japanese carmaker in India has launched the used car business in the country in an effort to tap into the potential of this flourishing segment. Nissan Intelligent Choice is created for customers who desire certified and quality-tested used cars with a great price tag, said Nissan Motor India in a recent statement.

        It will also offer a platform for customers who have multi-brand cars to get it exchanged with a brand new Nissan or Datsun vehicle.

        Satinder Singh Bajwa, the Director of Sales, Network, Customer Quality, and Pre-owned Cars of Nissan Motor India said that the used car market in the country is growing at a great pace, and it promises a huge potential for businesses.

        Nissan Intelligent Choice is the company’s global business model for used cars and it has seen success in South Africa and Brazil. In India, the company will be operational in 10 prominent cities including Lucknow, Ahmedabad, Jaipur, Bengaluru, and Chennai. Customers can also avail after-sales services at 160 Nissan authorised workshops throughout the nation.

        The initiative will ensure that all pre-owned cars will have to fulfill a 167-point quality checklist and vehicle inspection process. All cars will also be tested and certified by technical experts.

        6 October 2017

    • Top Automakers Planning their Entry Into Electric Car Segment in India

      Top car manufacturers including Hyundai, Tata, and Mahindra are planning their entry into the electric car segment. This move signals the major change towards launching environment-friendly vehicles in the future. All electric cars are going to be the next big thing in the automobile industry, and these automakers are planning their entry into it as early as possible.

      South Korea’s auto major Hyundai has already shifted its focus from hybrid vehicles in the favor of all-electric cars in India. The company is planning the assembly of electric cars in India by 2019. India’s Tata Motors is also working on its own version of electric cars. The company is planning to showcase the electric version of Tata Tiago at the 2018 Auto Expo.

      Other brands like Mahindra are also pioneering the research on electric cars for the Indian market. With strong encouragement from the government, there is a great potential for market growth in this segment. This has motivated major automakers to get a head start into the market.

      3 October 2017

    • MRF Ventures into Luxury Segment with the Launch of Perfinza Premium Tyres

      India’s largest tyre manufacturer MRF entered into the luxury segment with the launch of its Perfinza range of luxury and premium tyres. According to MRF, Perfinza is the first tyre made by an Indian manufacturer to get technical approval from a German car company. The company has also roped in cricket sensation AB de Villiers as its global brand ambassador.

      These tyres have been developed by the company’s in-house R&D team. MRF also mentioned that these tyres have been extensively tested in various countries like India, Germany, and Spain. At present, the Perfinza range will primarily focus on the 15- to 18 inch segment.

      This move will help MRF tap into the luxury segment, which comprises only a tiny segment of the Indian car market. The Perfinza range will be launched first in the Indian domestic market and then into the global market.

      21 September 2017

    • Cess Hike on Luxury Cars Likely to Get Postponed

      The immediate cess hike on luxury cars is most likely to get postponed. The ongoing festive season is attributed to be the main reason why the cess hike is likely to be put on hold. A hike in cess will dampen the demand for luxury cars during this period. The final decision on the issue will be taken after the discussion by the GST council, which meets on September 9 in Hyderabad.

      The GST council has earlier proposed that the surcharge on luxury cars must be increased from the current 15% to 25%. This has prompted many buyers to book luxury vehicles immediately in order to beat the price hike.

      The festival season is an important period for car manufacturers as demand is likely to shoot up during this period. The government’s move to put the cess hike on hold will benefit car manufacturers and buyers who are thinking of buying high-end cars.

      20 September 2017

    • Audi Q7 Petrol Variant Now Available from Rs.67.76 Lakh in India

      Audi has launched the petrol variant of its flagship model Q7 for the Indian market. The Audi Q7 petrol will be sold alongside the diesel variant, which is already available in the market. The petrol variant of Q7 is priced at Rs.67.76 lakh (ex-showroom).

      Audi Q7 petrol will feature a 2.0-litre, four cylinder engine that operates through turbo fuel stratified injection (TFSI) technology. The engine delivers an output power of 252 bhp and torque of 370 Nm. This all-wheel drive vehicle comes with an 8-speed automatic transmission.

      The petrol variant of Audi Q7 can accelerate from 0 to 100 kmph in just 6.9 seconds, and it can achieve top speed of 233 kmph. Audi has declared that the petrol variant will have fuel efficiency of 11.68 kmpl, and it has been approved by the Automotive Research Association of India (ARAI).

      15 September 2017

    • Honda Jazz ‘Privilege Edition’ to light up the festive season

      Honda Cars India Ltd. (HCIL) has announced the ‘Privilege Edition’ of its premium hatchback, Honda Jazz. The model comes with enhanced interiors and exteriors, an advanced infotainment system, and attractive safety features.

      The car is equipped with DIGIPAD, a revolutionary 17.7 cm infotainment module with the following features:

      • In-built satellite-linked 3D navigation facility
      • My Storage with 1.5 GB internal media memory
      • Mirror Link support for smartphones
      • Internet access
      • Voice commands for navigation, media, and calling
      • Bluetooth for hands-free audio and telephone facility
      • Micro SD Card slots for media and maps

      The car also has safety features like rear parking sensors and the Honda Connect app. The vehicle is priced Rs.5,000 more than V Grade models. The ex-showroom prices for the car in New Delhi are:

      • V MT Privilege Edition - Petrol : Rs.7,36,358
      • V CVT Privilege Edition - Petrol : Rs.8,42,089
      • V MT Privilege Edition - Diesel : Rs.8,82,302

      31 August 2017

    GST Update: GST of 18% is applicable on car insurance effective from the 1st of July, 2017

    Zero Depreciation Car Insurance Reviews

  • Page 1 of 50 1 2 3 4 5
    • Tata AIG Car Insurance
      "Good"
      0.5 5.0/5 "Blown Away!"
      I have four wheeler, which got insured with the Tata AIG general insurance company. I have not faced any issues with them and the coverage value is good one too. Online portal of the Tata AIG general insurance company.
      Was this review helpful? 0
      , bangalore
      Reviewed on Feb 17, 2018
    • HDFC Ergo Car Insurance
      "Good Service and Online Support"
      0.5 4.5/5 "Excellent!"
      I took a Car Insurance from HDFC Ergo and the process was really simple and customer friendly. Also during the Insurance tenure I transferred ownership of my Car and I got an endorsement of my Car Insurance Policy on new owner name done ONLINE without any hassles.
      Was this review helpful? 0
      , pune
      Reviewed on Feb 16, 2018
    • United India Car Insurance
      "Better"
      0.5 4.0/5 "Great!"
      I took my car insurance from United India Insurance by last year. It was good experience and suggested by the dealer. Once I go for claim only can come to know about the service. They are giving bumper to bumper offer. I paid 8K to purchase this insurance.
      Was this review helpful? 0
      , bangalore
      Reviewed on Feb 16, 2018
    • Oriental Insurance Car Insurance
      "Wonderful"
      0.5 5.0/5 "Blown Away!"
      I have faced some claims with the Oriental insurance company. Premium is very nominal one with them and the claim got completed on immediate basis. Everything is better one with the the Oriental insurance company.
      Was this review helpful? 0
      , new delhi
      Reviewed on Feb 16, 2018
    • Reliance General Car Insurance
      "Wonderful"
      0.5 5.0/5 "Blown Away!"
      I have insured my car with the Reliance general insurance company. I have got the two claims , which got processed through them. Everything is excellent one with the Reliance general insurance company. Claim processing were done in easy manner with them.
      Was this review helpful? 0
      , new delhi
      Reviewed on Feb 16, 2018
    • National Insurance Car Insurance
      "Its Best"
      0.5 4.0/5 "Great!"
      I took Car Insurance from National, the premium was economical compared to other competitor. IDV value Rs. 4.85 lakhs for my Maruthi car with third party cover, road side assistance. May thing I like in National Insurance, they are providing cashless service and the premium was standard.
      Was this review helpful? 0
      , bangalore
      Reviewed on Feb 15, 2018
    • Future Generali Car Insurance
      "Very good service"
      0.5 4.0/5 "Great!"
      I got the claim experience with the FUTURE GENERALI GENERAL CAR INSURANCE , I have got the settlement within a week time, so that was the reason i have choose the FUTURE GENERALI GENERAL INSURANCE for my car . The customer support gives the intimation to renew the policy before the due date.
      Was this review helpful? 0
      , kolkata
      Reviewed on Feb 15, 2018
    • National Insurance Car Insurance
      "Best Policy to hold"
      0.5 4.0/5 "Great!"
      Car Insurance premium is good, they gave me policy cover based on the age of the vehicle. National Insurance sent me the policy copy on time. My spouse have been taking insurance from same company for long term because they give third party, road side assistance.
      Was this review helpful? 0
      , mumbai
      Reviewed on Feb 15, 2018
    • Royal Sundaram Car Insurance
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have taken Car Insurance with Royal sundaram,the premium amount is 5000 per annum.The payment is done through a different modes as per the requirement.The policy coverall amount is 70% for fibre materials and for other its 50-60% ,i have claim experiences once they had covered completely.
      Was this review helpful? 0
      , bangalore
      Reviewed on Feb 15, 2018
    • New India Car Insurance
      "Good insurance"
      0.5 5.0/5 "Blown Away!"
      I have taken a Car Insurance with New India Assurance with them,the premium amount is 7000 paid by cheque per annum.I have no claim experience with em till date.The policy coverage amount is three lakhs,I have taken this long back,whenever i approach them they respond on time.
      Was this review helpful? 0
      , kanpur
      Reviewed on Feb 14, 2018
    • Oriental Insurance Car Insurance
      "Good"
      0.5 5.0/5 "Blown Away!"
      I have taken a car insurance with Oriental Insurance by last year. I don't have any claim experience. I paid 17,000 rupees for one year and purchased this insurance. It was purchased through online. They offered a good IDV value and benefits.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Feb 14, 2018
    • Tata AIG Car Insurance
      "Better service"
      0.5 5.0/5 "Blown Away!"
      I have taken a Car Insurance with TATA Aig General Insurance.The premium amount is 6000 per annum.I get a policy coverage amount of one lakh.I have taken this insurance five years ago.I have no claim experience with them till date.The service is good they give prompt response to the customer,the model of my car is Tata Nano.
      Was this review helpful? 0
      , bangalore
      Reviewed on Feb 14, 2018
    • ICICI Lombard Car Insurance
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      The service is good with Icici car insurance service. The payments are through online and the documents have been collected directly from the showroom. The response is good with Icici,they use to intimate me regularly. It was a good experience with Icici car insurance service for my Swift Dzire car.
      Was this review helpful? 0
      , kolkata
      Reviewed on Feb 14, 2018
    • United India Car Insurance
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have taken Car Insurance with United India Insurance,the premium is 13,000.This was taekn one year ago.I pay my premium online at times by cheque.I get a policy coverage amount of 80% for metal and for plastic its 100%,they are every quick in processing the request.
      Was this review helpful? 0
      , pune
      Reviewed on Feb 14, 2018
    • ICICI Lombard Car Insurance
      "Good policy to use"
      0.5 4.0/5 "Great!"
      I am using ICICI lombard car insurance from last 2 years and it is one of the good policy when compared to all other policies. This policy has to be renewed every year and i pay a premium of Rs 18000 for this insurance. They have a coverage from bumper to bumper in this insurance. I am satisfied with the coverage of this policy.
      Was this review helpful? 0
      , mumbai
      Reviewed on Feb 13, 2018
    • Future Generali Car Insurance
      "Good insurance policy"
      0.5 4.0/5 "Great!"
      I am having a Car insurance with Future generali insurance from last 1 year and it is a good insurance policy. I pay a premium of Rs 18000 for this insurance. I do not have claim experience so far with this insurance. They cover bumper to bumper damages in case of any accident. Customer service was good and they gave all correct information about the insurance.
      Was this review helpful? 0
      , mumbai
      Reviewed on Feb 13, 2018
    • Bajaj Allianz Car Insurance
      "Best insurance policy"
      0.5 4.0/5 "Great!"
      I have taken a Car Insurance with Bajaj Allianz.The premium amount is 16,000 i pay it through online payments.The policy coverage amount is five lakhs and its covered 100% of the value and its a zero depreciation. The customer service is good.
      Was this review helpful? 0
      , new delhi
      Reviewed on Feb 13, 2018
    • ICICI Lombard Car Insurance
      "Good protection for my vehicle"
      0.5 5.0/5 "Blown Away!"
      I took car loan from ICICI, they provided insurance from ICICI Lombard. I made the premium around Rs. 9000 for the tenure of one year. IDV value was best, it covers entire metallic body of my vehicle, they tie up with good center service as well.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Feb 13, 2018
    • review Car Insurance
      "Best insurance policy"
      0.5 5.0/5 "Blown Away!"
      I have taken a Car Insurance with Bharti Axa.The premkum amount is 32,000 per annum paid through an auto debit payment.I have taken this policy last year.The policy is coverage is 100% covered,its zero depreciation.I am happy taking this policy.
      Was this review helpful? 0
      , new delhi
      Reviewed on Feb 13, 2018
    • Bajaj Allianz Car Insurance
      "Better policy to use"
      0.5 5.0/5 "Blown Away!"
      Insured my car from BAJAJ ALLIANZ GENERAL INSURANCE company and I have paid Rs,7000 to renew the policy this year, but they have charged the penalty because I missed to renew the policy before the due date. The plan benefits and the policy coverage is good with the BAJAJ ALLIANZ GENERAL INSURANCE company.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Feb 13, 2018
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