Starting at only ₹1.5 per Day*

Starting at only ₹1.5 per Day*
Zero depreciation is an add-on cover for two-wheelers that permits the policyholder to claim the complete expense incurred when repairing one's damaged bike. When claiming a bike insurance policy, the insurer can deduct the cost of depreciation from the claim amount. However, if you choose zero depreciation, the insurance company assures you that the bike's depreciation cost will not be deducted from the ultimate claim settlement amount.
Nil or zero depreciation add-on of United India bike insurance is one of the most valuable add-on covers. This add-on cover is available to customers who purchase a comprehensive bike insurance policy or a standalone policy.
The value of every asset declines as time passes and such constant decline over time is known as depreciation. Normal wear and tear are unavoidable for all two-wheeler owners. United India provides zero depreciation coverage, allowing policyholders to collect the total value of their motorcycle. It protects the bike against depreciating elements, lowers its worth, and will enable you to claim the original value of your bike in the case of an accident.
Age Of The Bike | With Zero Depreciation Cover | Without Zero Depreciation Cover |
Under 6 months | Zero
| Nil |
6 months - 1 year | 5% | |
1 - 2 years | 10% | |
2 - 3 years | 15% | |
3 - 4 years | 25% | |
4 - 5 years | 35% | |
5 - 10 years | 40% | |
Above 10 years | 50% |
Part of the bike | With Zero Depreciation Cover | Without Zero Depreciation Cover |
Rubber/plastic/nylon parts | Zero
| 50% |
Fibreglass parts | 30% | |
Glass parts | Nil |
1. Visit your nearest United India branch: You may visit your nearest United India branch/ office to buy a zero dep cover for your bike insurance policy. To do the same, you need to carry all the proper documents.
2. Buy United India zero dep two-wheeler insurance policy online: Buying the bike insurance policy online is the most preferred, smooth, and user-friendly way. The whole process can be completed within a few minutes and it takes minimum documentation.
Save a lot of money for repairs; hence it is pretty affordable for policyholders. It reduces the burdens on the insured whenever they want a full claim settlement. When it comes to buying this add-on cover, you can buy it quickly either at the time of policy purchase or renewal.
Yes, you can do so by submitting an endorsement to the insurance company.
No, the company will not cover the entire cost as you will have to bear the deduction cost. However, to overcome that, it is advisable to buy zero dep cover.
The age, make and model of the bike, and place of the registration are some factors that can affect the premium.
No, you can not buy a zero depreciation cover with third-party insurance policy.
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