Which car insurance is better comprehensive or zero depreciation

The comprehensive insurance plan offers extensive coverage that even protects the car from third party damages. It is beneficial to have Zero Depreciation if you stay in a risk-prone zone where there is a higher likelihood of damage to your car.

Is it worth taking zero depreciation?

Whereas, in zero depreciation, there is a full claim settlement. This means that you will receive full coverage on the car parts – irrespective of its depreciating value. Zero depreciation works well for new and luxury cars, which have expensive spare parts – and whose cost of repair or replacement is generally high.

Which two wheeler insurance is best comprehensive or zero depreciation?

It is recommended you purchase the Comprehensive Bike Insurance Plan for broader coverage since it comes bundled with the Third-party Liability Plan and Own Damage cover. Additionally, you have the option to include the Zero Depreciation add-on that extends the insurance coverage for your vehicle.

What is difference between comprehensive zero DEP and third party insurance?

The fundamental difference when it comes to Third-party Car Insurance Policy vs Zero Depreciation Cover is that of a 'Policy' and an 'Add-on'. A Third-party Liability Plan is an insurance 'policy' whereas a Zero Depreciation Cover is an 'add-on', and not a stand-alone policy.

What is difference between own damage and zero DEP?

A zero depreciation is an additional cover that policyholders can purchase along with their own damage or a comprehensive car policy only. This add-on can be purchased by paying some extra premium amount to cover the depreciation sustained by the insured car as per its age.