How to Find Bumper to Bumper Insurance?

How To Find Bumper To Bumper Insurance?

Bumper to Bumper insurance is the add-on available on payment of extra premium under the own damage section. It is also known as a “Zero depreciation” cover. Having bumper-to-bumper insurance enables the customer to get the complete claim amount in case of an accident without factoring in the deprivation of the parts.

What is bumper to bumper insurance in india?

In India, bumper to bumper insurance is a popular add-on that eliminates the impact of depreciation during claims. While mandatory Third-Party insurance covers only external liabilities, this add-on enhances Own Damage protection. It is highly beneficial for new vehicles as it minimizes out-of-pocket expenses. Most Indian insurers limit the number of zero-depreciation claims per year, usually to two. It does not cover routine wear and tear or mechanical breakdowns.

What is bumper to bumper insurance coverage?

Bumper to bumper insurance coverage, also known as Zero Depreciation cover, is an add-on for comprehensive policies. It ensures that the insurer pays the complete cost of replaced parts like plastic, fiber, and rubber without accounting for depreciation. Standard policies usually deduct 30% to 50% for these materials. This coverage is typically available for bikes up to five years old and provides much higher claim payouts during repairs.

How to know bumper to bumper insurance?

Bumper-to-bumper insurance, also known as zero depreciation or nil depreciation insurance, provides comprehensive coverage for your car without factoring in depreciation. To understand if your insurance policy includes bumper-to-bumper coverage in India, review your policy documents or contact your insurance provider directly. Typically, bumper-to-bumper insurance is offered as an add-on or as part of a comprehensive insurance policy. It covers the cost of repairs or replacement of damaged car parts without considering depreciation, resulting in a higher claim payout. Keep in mind that certain terms and conditions, such as the age and condition of the vehicle, may apply. It is essential to carefully read your policy documents or consult your insurance provider to know the specific details and coverage offered under bumper-to-bumper insurance in India.

How to claim bumper to bumper insurance?

To claim bumper to bumper insurance, notify your insurer immediately after an accident or damage. Take photos of the scene and file an FIR if required, especially for theft or major collisions. Submit the claim form along with your driving license, RC, and policy copy. Since this is a Zero Depreciation cover, the insurer will pay the full cost of replaced parts without deducting for age. Ensure the repairs are done at a network garage.

How to Know Insurance is Bumper To Bumper?

To know if your car insurance policy is bumper-to-bumper, you should look for a specific coverage option called “zero depreciation.” This type of coverage ensures that the insurance company will pay for the full cost of repairs or replacement of damaged parts, including plastic or fiber parts that are typically not covered by a standard policy. With zero depreciation coverage, the insurance company will not deduct for depreciation of the car's parts, which can be significant cost savings in case of an accident or damage. It is important to note that not all car insurance policies offer this coverage, so it is important to read the policy details carefully and ask questions to ensure that you have the coverage you need.