While exploring Kotak General bike insurance options, I came across Zero Depreciation cover and a Comprehensive policy. I’m a bit unsure about which one would be more worth it for my bike could you please explain the difference and guide me on which option might be better?
That’s a very practical question, and I had the same confusion when I was choosing insurance for my own bike. Both Zero Depreciation cover and a Comprehensive policy under Kotak General Insurance offer good protection, but the difference lies in the extent of coverage and long-term value.
What is Zero Depreciation Cover?
• With a standard policy, claims are reduced because of depreciation on parts like plastic, rubber, or fiber.
• Zero Depreciation add-on ensures you get the full claim amount without deductions for depreciation.
• From my experience, this is very helpful if your bike is new or if you want to avoid paying extra during repairs.
What is a Comprehensive Policy?
• A Comprehensive policy includes own damage + third-party liability cover.
• It protects you not only from accidents, theft, and natural disasters but also ensures legal compliance with third-party coverage.
• This is the base policy I always choose, as it provides all-round protection.
Which is More Worth It?
• If your bike is fairly new (up to 5 years old), adding Zero Depreciation cover to your Comprehensive policy is worth it. You may pay a slightly higher premium, but you save a lot at claim time.
• If your bike is older, a Comprehensive policy without Zero Dep might be more economical.
• From my personal experience, I opted for Comprehensive + Zero Dep in the first few years of owning my bike, and it gave me complete peace of mind whenever I had small damages or part replacements.
Official Website Link:
For more details, you can visit Kotak General’s official website: