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Rishabh Pant! If the condition of your car is like this, will the insurance company give a new car? Know its rules

Rishabh Pant Car Accident If the car burns during the accident, you can compensate through insurance. For this, you have to take care of add ons in your car insurance. We are going to give detailed information about this in this report.

Country’s famous cricketer Rishabh Pant met with an accident while returning to Roorkee early today. His Mercedes car worth lakhs has been completely damaged in the accident. Such an accident can happen to any person and his vehicle may have to suffer tremendous damage. Today in our report, we are going to tell about such insurance, by which you can reduce your loss to a great extent.

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What is Zero Depreciation Cover?

To avoid any major loss, car owners can take the help of zero depreciation cover. It is an add on to your car insurance cover and needs to be added to your plan at the very first time you start the policy. Its biggest advantage is that the insurer has to pay according to the market value of the vehicle at the time of claim.

By adding zero depreciation cover, your policy premium increases by 15-20 percent, however, the safety of your vehicle is completely confirmed and you can be worry-free about the damage caused during a major accident.

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Why should you take Zero Depreciation cover?

Whenever you buy a luxury car, you must add zero depreciation cover to your car insurance as luxury cars are very expensive. Its spare parts and maintenance cost are also high. This can reduce your car maintenance cost in the long run. In this you get maximum cover.

Premium is affected by these factors

  • In zero depreciation, your premium is mainly affected by three factors.
  • age of the first car
  • car model
  • In which city you are getting insurance.

 

Bhupendra Pratap
Bhupendra Pratap
Bhupendra Pratap has over 3 years of experience in writing finance content, entertainment news, cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @insuranceindiaain@gmail.com
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