This add-on cover entitles you to get 100% repayment on the depreciated parts (other than tyres and tubes) at the time of claim settlement. You can opt for a Nil Depreciation Cover when you get a new bike insured or at any subsequent renewal, so if you haven't got one right now, you should probably consider it!
By paying a minimal, additional charge on your premium, you can benefit in the following ways: Avail repairing costs of fiber glass, rubber, tyres, batteries, air bags, nylon, and plastic parts
Please note that we cover only private two wheelers, with a maximum of two claims in one policy period. This cover is applicable only for select make and models that are not older than two years.