Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Track & Policy DownloadLogin
HomeCar InsuranceCompaniesNaviZero Depreciation

Calculate Your Car Insurance Premium Online

Select your car brand

  • Maruti
  • Hyundai
  • Honda
  • Toyota
  • Mahindra

Which city is your car registered in?

  • Ahmedabad
  • Bangalore
  • Chandigarh
  • Chennai
  • Gurgaon

When did you buy your car?

Navi Car Insurance Zero Depreciation

With time depreciation reduces the market value of every car. It is a default deduction and therefore, it is considered by every car insurance company during the settlement of the claim. The insurance providers generally make deductions for the cost of depreciation from the car insurance claim amount at the time of claim settlement. If you wish to avoid this reduction, you should include a zero depreciation cover in your standalone own damage car insurance policy or a comprehensive car insurance policy. It is an add-on that precludes the loss of claim amount in lieu of depreciation which ultimately helps you get the maximum amount of claim irrespective of the depreciation factor. In simple terms, it provides repair and replacement of the depreciable parts of the insured’s car free of cost.

Benefits of Navi Zero Depreciation Cover

1. Higher Claim Amount: With the Zero Depreciation Cover offered by Navi General Insurance, the policyholders can get the maximum amount of claim possible. With the inclusion of zero depreciation cover in the policy, no depreciation charge gets deducted due to which policyholders can request a higher amount of claim from their insurance providers.

2. Helps In Saving Money: The Navi Zero Depreciation add-on cover compensates the expenses of repair and replacement of the depreciable parts of the car of the insured person. Therefore, the policyholders can easily save money which otherwise they would have to spend on repairing and replacing the depreciable parts of the car parts.

Depreciation Rate Applicable on Car With And Without Zero Depreciation Add-on

Age of Car

Rate of Depreciation Without Zero Depreciation

Rate of Depreciation With Zero Depreciation

Under 6 months

Nil

0%

6 months to 1 year

5%

0%

1-2 years

10%

0%

2-3 years

15%

0%

3-4 years

25%

0%

4-5 years

35%

0%

5-10 years

40%

0%

Above 10 years

50%

0%

Disclaimer: Battery / Plastic / Nylon / Rubber parts -> 50% covered; Fiberglass -> 70% covered, Wooden & Metallic parts -> Depreciated basis age of vehicle (normal)

Factors Affecting Navi Zero Depreciation Cover

Navi Zero Depreciation add-on cover holds a range of benefits which can be availed under the following conditions:

  • The age of the car must not be more than 3 years
  • This add-on cover can be claimed only twice a policy year
  • No coverage will be provided for repair and replacement required due to wear and tear
  • Expenses incurred due to the car's total loss, electrical or mechanical breakdown will not be covered.

Explore Navi Car Insurance

Must Read Articles before buying Navi Car Insurance

Navi Car Insurance User Reviews

4.8
Rating based on
111 User reviews
Write your review
What users are saying
  • All
  • Zero Depreciation
  • Most Helpful
  • Comprehensive
  • Third Party
  • Own Damage
  • Renewal
  • Cashless Garages
  • Price
  • Premium
  • Policy Download
  • Customer Care
  • Claim
  • Add On
  • It gives me a reminder.

    The procedure of purchasing a plan is so much uncomplicated on the website as it is arranged perfectly. I purchased a NAVI car insurance policy for my TATA Nexon from insurancedekho.com, which always reminds me to renew my policy on time.

    Read More

    U
    By Urwan Tharoor
    On: January 18, 2023
  • Got the policy within a few mi...

    I wanted to purchase a good car insurance policy for my Hyundai Venue car so I visited InsuranceDekho’s website to purchase one. I was able to check the details of different car insurance policies by generating quotes easily on InsuranceDekho’s website. I selected a Navi car insurance policy for my car.

    Read More

    G
    By Gurdesh Kamal
    On: December 26, 2022
  • Purchased the plan at ease

    I bought the Navi car insurance plan for my Toyota Fortuner from the InsuranceDekho website. The process to buy this plan is easy and quick. There were no complications involved in the process. I was guided by their team and was required to follow a few simple steps

    Read More

    By Nimesh Tyagi
    On: August 29, 2022
  • Got my policy renewed in just ...

    I had to renew my Navi car insurance plan that I bought for my Ford Aspire 2018 so I visited InsuranceDekho’s website. My policy was renewed in less than 5 minutes. The service is really quick and impressive.

    Read More

    R
    By Ribhu Shrivastav
    On: July 27, 2022
  • Purchased the plan at ease

    I bought the Navi car insurance plan for my Toyota Fortuner from the InsuranceDekho website. The process to buy this plan is easy and quick. There were no complications involved in the process. I was guided by their team and was required to follow a few simple steps.

    Read More

    N
    By Nayan Chaudhary
    On: June 27, 2022
  • Got my policy renewed in just ...

    I had to renew my Navi car insurance plan that I bought for my Ford Aspire 2018 so I visited InsuranceDekho’s website. My policy was renewed in less than 5 minutes. The service is really quick and impressive.

    Read More

    By Ribhu Shrivastav
    On: June 17, 2022
  • Got policy within a few minute...

    I wanted to purchase a good car insurance policy for my Hyundai Venue car so I visited InsuranceDekho’s website to purchase one. I was able to check the details of different car insurance policies by generating quotes quickly on InsuranceDekho’s website. I selected a Navi car insurance policy for my car.

    Read More

    G
    By Gurdesh Kamal
    On: June 1, 2022
  • Purchased the plan at ease

    I bought the Navi car insurance plan for my Toyota Fortuner from the InsuranceDekho website. The process to buy this plan is easy and quick. There were no complications involved in the process. I was guided by their team and was required to follow a few simple steps

    Read More

    N
    By Nimesh Tyagi
    On: May 25, 2022
  • Purchased the plan at ease

    I bought the Navi car insurance plan for my Toyota Fortuner from the InsuranceDekho website. The process to buy this plan is easy and quick. There were no complications involved in the process. I was guided by their team and was required to follow a few simple steps

    Read More

    By Nimesh Tyagi
    On: May 11, 2022
  • Well managed website

    The InsuranceDekho website is very well managed. All the things are arranged in such a way that it is easy for the user to locate everything on the website. I visited their website to buy the Navi car insurance plan for my Chevrolet Aveo car. All the benefits and features of this plan were clearly displayed on the website.

    Read More

    S
    By Sandeep Sharma
    On: May 6, 2022
Navi Reviews

Navi Car Insurance Zero Depreciation FAQs

  • Which depreciable parts are covered under the Navi Zero Depreciation add-on cover?

    Navi Zero Depreciation add-on cover provides you with coverage for the repair and replacement of car parts such as rubber parts, nylon parts, plastic parts, fiberglass parts and glass parts.

  • Can I get a complete amount of claim with Navi Zero Depreciation Cover?

    No, a Navi Zero Depreciation cover is not meant to ensure getting a complete amount of claim as deductibles are considered during the calculation of claim amount. It compensates only the depreciation charges to ensure you get the maximum claim amount.

  • Can I purchase a Navi Zero Depreciation cover to cover my second-hand car?

    Yes, you can buy a Navi Zero Depreciation add-on cover to cover your second-hand car provided its age should not be more than 5 years. However, insurance companies can send someone to inspect the car for the inclusion of this add-on cover.

  • Will I need to pay an additional premium to buy a Navi zero depreciation cover?

    Yes, the car insurance premium amount will increase when you will opt for Navi Zero Depreciation cover either with a standalone car insurance plan or a comprehensive car insurance plan as you will have to pay for the add-on cover along with the standard car insurance policy.

  • Does Zero Depreciation provide cover outside the city limit?

    The Navi Zero Depreciation add-on cover will compensate for your damage or loss expenses incurred only within the pre-specified geographical zone. The insurance company will not be liable to endure the cost of any damage or loss sustained by the insured car outside the geographical location.

FAQ
must dotmust graphics

Why to buy from InsuranceDekho?

  • Instant policy # within 5 mins
  • More than 45 Lac happy customers
  • Claim Support available all 7 days of the week

Navi Car Insurance Contact Details

For any assistance or query, call us on:

Car Insurance News

News
Car insurance starting from ₹ 2094/year*
or
Proceed without car numberI have a brand new car

Partner Car Insurance Companies

Car Insurance Companies

Disclaimer: InsuranceDekho does not endorse, rate or recommend any particular insurance company or insurance plan.

Calculate your Car IDV

You may also be interested in

    Zero Depreciation Car Insurance

    Related News

    Car Insurance News

    Become Motor Insurance Agent

      Car insurance starting from ₹ 2094/year*
      or
      Proceed without car numberI have a brand new car

      Car Insurance starting from
      ₹6/day*

      I agree to *terms & conditions  and privacy policy.
      Don’t know your car number? Click here
      close
      #Applicable on non-inspection cases i.e. existing policy has not expired or when buying a policy for a new vehicle.