Insurance Zero Depreciation. Zero depreciation car insurance coverage is an attractive prospect for customers who want a smooth claim settlement, just in case. The acko comprehensive bike insurance policy offers zero depreciation to the policyholders for maximum coverage.
As the name suggests, the zero depreciation / nil depreciation / depreciation reimbursement cover reimburses or compensates you the amount of claim that gets deducted due to depreciation. Zero depreciation insurance means that despite the value of your car going down with time, you get complete coverage on expenses incurred in case of damage. It keeps your bike’s value protected against depreciation, which is by default deductible during the claim settlement process.