A zero-depreciation cover, also known as nil depreciation or a bumper-to-bumper cover, pays the whole cost of external care body repairs or replacement without taking into consideration any depreciation in the value of the car parts.

1. ZERO DEPRECIATION CAR
INSURANCE

2. LETS FIRST UNDERSTAND WHAT THE
DEPRECIATION MEANS
 Depreciation affects your car insurance even if you
don’t claim for the whole amount, which would be in
the case of total loss of your car [think of situations
like fire or theft here]. This is because, it also affects
the car’s parts. Each part depreciates at a different
rate. Here’s a look:

3. RATES OF DEPRECIATION

4. THE RATE OF DEPRECIATION FOR WOODEN PARTS
AND ALL THE OTHER PARTS VARIES AS PER THE
AGE OF THE VEHICLE.

5. NOW WHAT IS ZERO DEPRECIATION COVER?
 A zero-depreciation cover, also known as nil
depreciation or a bumper-to-bumper cover, pays
the whole cost of external care body repairs or
replacement without taking into consideration any
depreciation in the value of the car parts.

6. FACTORS TO CONSIDER BEFORE OPTING FOR A
ZERO DEPRECIATION COVER
 The age of your car
 The number of claims
 The cost

7. WHEN IS A ZERO-DEPRECIATION COVER
IDEAL?
A zero-depreciation cover helps you save money
during repairs or part replacement. It is an ideal cover
for the following cases:
 If your car is expensive—the depreciation value of
its parts would be high.
 If you live in an accident-prone area.
 If you worry about small dents and bumps in your
car.
 If you are not sure of your driving skills.

8. TO KNOW MORE FOLLOW US AT:
 https://www.acko.com/car-insurance/add-on-
covers/zero-depreciation/