Download the Policybazaar app
to manage all your insurance needs.
-
Home
-
Car Insurance
-
IFFCO Tokio Car Insurance
- IFFCO Tokio Zero Depreciation Car Insurance
IFFCO Tokio Zero Depreciation Car Insurance
IFFCO Tokio zero depreciation car insurance is a valuable add-on to a standard car insurance policy. Also known as nil depreciation or bumper-to-bumper protection, this cover by the IFFCO Tokio General Insurance Company compensates policyholders for the depreciating value of their vehicles and parts, reducing out-of-pocket expenses during claims.
Benefits of IFFCO Tokio Zero Depreciation Insurance
IFFCO Tokio zero depreciation car insurance offers the below-mentioned benefits to vehicle owners. Under this add-on, the insurer provides 100% coverage for all rubber, fibre, and metal parts of the insured car without deducting the vehicle depreciation.
- Complete Protection: A nil dep add-on in addition to a standard IFFCO Tokio car insurance policy provides total protection to the insured vehicle by covering any depreciation borne by the car or its parts.
- Effortless Claims: The claim settlement for IFFCO Tokio zero depreciation car insurance is easy and trouble-free with fast claims processing.
- Prevents Financial Loss: It prevents policyholders from incurring any financial liabilities as they do not have to pay out-of-pocket for vehicle repair or the depreciating value of their vehicle and its parts.
How to Buy IFFCO Tokio Zero Depreciation Add-on Cover?
Buying car insurance online with a zero depreciation add-on cover is easy and has a simple procedure:
- Go to ‘Car Insurance' on Policybazaar.com.
- Fill in your vehicle number on the given form, then continue to view policy prices and details.
- Select your car details like its make & model, RTO, fuel type, variant, etc., and complete the proposal form.
- Next, you will see a list of various four-wheeler insurance policies. Choose IFFCO Tokio car insurance.
- In the 'Add-ons' section, select 'Zero Depreciation' to view the updated premium of your car insurance policy.
- You can pay the premium online using cards, net banking, or UPI.
- After your payment is confirmed, your zero dep car insurance policy will be sent to your registered email address.
IFFCO Tokio Zero Depreciation Car Insurance Claim Process
It is quick and hassle-free to lodge the claim under your nil dep motor insurance policy. Here is the procedure:
- Initiate the claim by visiting the official website of IFFCO Tokio General Insurance Company or by calling the insurer on their customer support team.
- Now produce the important details about the incident and vehicle damages to your insurer.
- A surveyor will be allotted to the claim request to inspect your car and estimate the damage repair costs.
- Now your vehicle will be sent for repair or part replacements to one of your insurer's network garages.
- After repairs, your insurance company will settle the claim directly with the garage.
- Since you have the bumper to bumper protection add-on, your insurer will pay the full amount to the garage without deducting vehicle depreciation costs.
Documents Required for IFFCO Tokio Zero Depreciation Car Insurance Claim
To file a claim under your IFFCO Tokio nil depreciation car insurance, you need to keep the below-mentioned documents handy:
- Claim form (duly filled and signed)
- Copy of your vehicle insurance policy
- Registration certificate of the insured vehicle
- Driving licence of the owner/driver
- Copy of Police FIR
- Estimate of repairs
- Repair bills
- Satisfaction letter(for cashless payments)
FAQs
-
Q1. Is it possible to buy a nil depreciation add-on during the policy tenure?
Ans: No. You can only opt for a zero depreciation add-on cover while purchasing or renewing your motor insurance policy. -
Q2. What’s not covered under IFFCO Tokio zero dep car insurance?
Ans: The major exclusions under a nil dep add-on offered by IFFCO Tokio General Insurance Company are drunk driving or driving without a valid driving licence, general wear & tear of the insured vehicle, damages due to war-like situations, mechanical or electrical failures, tyre or tube damage, etc. -
Q3. What should I do if I lose my car insurance documents?
Ans: If you lose your policy documents, you can download them by logging into your dashboard on Policybazaar.com or by calling your insurer's customer care team. -
Q4. Are externally fitted accessories covered under IFFCO Tokio zero depreciation car insurance?
Ans: No. Any accessory that is installed additionally to the manufacturer is not part of a nil dep add-on.
Car zero Depreciation Insurers
Bajaj Allianz Zero Depreciation Car Insurance
Chola MS Zero Depreciation Car Insurance
Digit Zero Depreciation Car Insurance
Future Generali Zero Depreciation Car Insurance
HDFC Ergo Zero Depreciation Car Insurance
ICICI Lombard Zero Depreciation Car Insurance
Liberty Zero Depreciation Car Insurance
Magma HDI Zero Depreciation Car Insurance
Expand
Car insurance companies
Disclaimer: The list mentioned is according to the alphabetical order of the insurance companies. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in
Car insurance Articles
- Recent Article
- Popular Articles
20 Jun 2024
Top 5 Car Care Tips to Beat The Summer Heat
The extreme heat and constant heat wave warnings have made
Read more
11 Jun 2024
How to Check Car Owner Details By Registration...
Scenarios like hit-and-run accidents or purchasing a second-hand
Read more
21 May 2024
Get Faster Claim Settlement with Policybazaar...
Getting your car insurance claim settled is no longer a hassle
Read more
17 Apr 2024
Understand the Nitty-Gritty of Car Insurance...
Have you recently purchased a car insurance policy for your new
Read more
22 Feb 2024
IDV in Car Insurance
In layman's terms, the IDV full form is the Insured Declared Value
Read more#Rs 2094/- per annum is the price for third-party motor insurance for private cars (non-commercial) of not more than 1000cc
*Savings are based on the comparison between the highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB. Actual time for transaction may vary subject to additional data requirements and operational processes.
##Claim Assurance Program: Pick-up and drop facility available in 1400+ select network garages. On-ground workshop team available in select workshops. Repair warranty on parts at the sole discretion of insurance companies. Dedicated Claims Manager. 24x7 Claim Assistance.