India, March 6 -- ATK
New Delhi [India], March 6: Car insurance is essential to protect your vehicle from unforeseen expenses. However, one of the common challenges car owners face is depreciation, which reduces the claim amount over time. By understanding how to minimise the impact of depreciation on your car insurance, you can ensure maximum benefits in case of an accident or repair.
In this article, we'll explore practical tips to reduce depreciation impacts and discuss the benefits of opting for zero dep car insurance--a key policy that helps you receive the full claim amount without worrying about wear and tear deductions.
What Is Depreciation in Car Insurance?
Depreciation refers to the reduction in the value of your car and its...
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