To begin with, you need to understand that your car starts losing its value the moment you bring it out of the showroom. The first thing that you usually get to know when you go to purchase the insurance coverage is that the glass of your vehicle, its rubber, and other components are not covered in the insurance. In this way, you lose about 10% of the value immediately despite your vehicle is brand new.
In the same manner, the vehicle loses value due to its age and overall condition the next year, when you go for the renewal of its insurance. This is where the zero depreciation cover comes into the picture and you can prevent such losses to your vehicle. You can approach car Insurance in Dubai to know more about the zero depreciation cover and they will explain all the details about this additional coverage for your car.
By adding zero depreciation cover, your vehicle gets covered for its full value that you have paid while buying it. This continues for the first two years and you will be compensated completely for any damages that happen to your vehicle during this period. Even though it costs additional money, but that money is worth paying as the overall cost of your vehicle remains high as compared to the normal insurance premium.
Imagine a situation when you have a new car and it has got some damages due to accidents or other issues. In this scenario, let us analyze the different benefits offered by various plans available in the market. This can give you some idea about which coverage to choose for your car.
|Car Insurance Addons|
|Passenger Cover With Car Insurance||No Claim Bonus Car Insurance|
|Roadside Assistance||Multi Car Insurance|
|Return to Invoice Car Insurance||Personal Accident Cover Car Insurance|
|Car Key Replacement Cover||Engine Protection Cover|
|Anti-Lock Braking Systems||Pay as You Drive Car Insurance|
|Replacement Cover Car Insurance||Agency Repair|
|IDV - Insured Declared Value||Airbag Protection Cover|
This is by far the best option you can choose for your vehicle along with the comprehensive insurance plan. Remember that zero depreciation is an additional cover that can be added to comprehensive plans. This ensures that the natural depreciation factor for the vehicle is not considered and your car gets complete value for the initial two years. This can be added to the car insurance cover and it will enhance the protection for your vehicle.
|Engine Damage and Auto Insurance Cover Guide||Guide to Renew Car Registration in Dubai & Abu Dhabi|
In this manner, you can approach Car Insurance in Dubai and get the best policy for your vehicle. You can visit the leading online portals that provide vehicle insurance and cover your requirements in a detailed manner. You can also call the company executives and get additional information about the policy. This gives you further insights about important aspects like zero depreciation and you can get the maximum coverage for your vehicle.