Zero Depreciation (Zero Dep / Bumper-to-Bumper)
Motor add-on eliminating depreciation deduction on replaced auto parts during claims.
What is Zero Depreciation (Zero Dep / Bumper-to-Bumper)? (Explained in Simple Words)
Zero Depreciation (commonly called Zero Dep or Bumper-to-Bumper cover) is a highly popular motor insurance add-on rider that waives standard depreciation deductions on replaced car parts (such as plastic, rubber, nylon, glass, fiber, and metal components) during accident repair claims.
Real-Life Example & Practical Scenario
Without Zero Dep: Replacing a damaged plastic bumper costing ₹10,000 incurs 50% standard depreciation, so you pay ₹5,000 out of pocket. With Zero Dep: Insurer pays 100% of the bumper replacement cost (₹10,000), leaving zero part depreciation for you.
Important Differences & Concept Details
Standard Comprehensive policy deducts 50% on plastic/rubber and 10%-40% on metal parts. Zero Dep covers 100% replacement cost for all parts (excluding consumables unless consumable cover is added).
Common Traps & Mistakes to Avoid with Zero Depreciation (Zero Dep / Bumper-to-Bumper)
Many policyholders misunderstand this clause until a claim actually occurs. Always verify the exact definitions in your policy wording schedule rather than relying on verbal marketing summaries. Disclose all material facts truthfully at the time of proposal to help ensure smooth claim assessment without non-disclosure issues.
IRDAI Guidelines & Statutory Policyholder Rights
Zero Dep add-on is generally available for private cars and two-wheelers up to 5 years of age from date of registration.
RakshaPoint IMF Specialist Recommendation
Must-have add-on cover for all new cars and vehicles up to 5 years old.
Consumer Checklist Before You Sign
Frequently Asked Questions
Related Insurance Category: Motor Insurance
Explore policy features, benefits, terms, and parameters for this insurance category.
Questions About Zero Depreciation (Zero Dep / Bumper-to-Bumper)?
Speak with an authorized Insurance Sales Person (ISP) at RakshaPoint IMF for objective guidance.