Starting at only ₹1.5 per Day*

Starting at only ₹1.5 per Day*
Upon a claim, the insurance provider will take into account the bike's depreciation over time. At the time of the claim agreement, every insurance company deducts depreciation expenses from the claim quantity.
With the DHFL bike insurance zero dep add-on policy, the insurance provider will cover the majority of your two-depreciation wheeler's costs. You can have your very own DHFL two-wheeler zero dep insurance online with some simple procedures!
A motorcycle is a depreciating asset by default, no matter how good you take care of it. The personal two-wheeler damages and third-party charges are successfully covered under the DHFL comprehensive two-wheeler insurance coverage.
However, when it comes time to lodge an insurance claim, the depreciation and reduction factors eat away at your pretty much guaranteed insured value. Tyres, plastics, and metals on a two-wheeler deteriorate with time and are not fully covered in the case of an accident. The payment for those components is only partially covered.
A zero depreciation policy restricts depreciation costs from being deducted from your vehicle. The zero depreciation cover is available through DHFL Insurance Company's online website, or you can visit their offices.
Some of the benefits under the DHFL zero dep insurance include: -
Two-wheeler Age | Depreciation Rate Without Add-on | Depreciation Rate With Add-on |
Below 6 months | N/A | 0% |
Between 6 months and 1 year | 5% | 0% |
Between 1 to 2 years | 10% | 0% |
Between 2 to 3 years | 15% | 0% |
Between 3 to 4 years | 25% | 0% |
Between 4 to 5 years | 35% | 0% |
Between 5 to 10 years | 40% | 0% |
10+years | 50% | 0% |
Two-wheeler Parts | Rate of Depreciation Without Add-on | Rate of Depreciation With Add-on |
Plastic, Nylon, and Rubber | 50% | 0% |
Fiberglass | 30% | 0% |
Glass | Nil | 0% |
The DHFL two wheeler insurance provides the following advantages to its policyholder: -
The following are not included under DHFL zero depreciation insurance:
• Vehicles older than 5 years are not eligible for zero depreciation coverage.
• Usual wear and tear of elements that need repairing or replacement is not covered.
• The claim shall only be considered if the damage has happened due to dangers stated in the own damage.
• You cannot get the advantage of zero depreciation add-on cover in case of total loss (theft of the bike) or vehicle breakdowns (damage beyond repair).
To be eligible for DHFL zero dep bike insurance, you should comply with the following requirements: -
Your vehicle must be upto 5 years old and you must have either comprehensive or standalone own damage bike insurance policy.
If you have recently got yourself a very expensive vehicle or have a fairly new vehicle, you are a passionate rider. You do not want to pay extra money for depreciation. It's best to choose the DHFL zero depreciation add-on cover.
It's an easy and quick process that you can follow up on their DHFL website.
Yes, it is. Being an old company with so many positive reviews in its portfolio, You shouldn't worry about trust.
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