Auto
Zero Depreciation Car Insurance: Is it Worth it in India?
Zero depreciation cover in car insurance is a popular add-on for drivers who want stronger financial protection than a standard comprehensive policy provides. Unlike regular cover, it ensures that depreciation is not deducted during claim settlement, allowing you to receive a higher payout for repairs or part replacements.
Understanding its purpose and benefits can help you decide whether this cover is suitable for your vehicle. Keep reading to learn more.
Is Zero Depreciation Cover Worth it in India?
For many people, a car carries deep emotional and financial value. When you choose a zero depreciation add-on, it helps protect that investment by making sure your vehicle can be restored to its best condition without you having to bear large repair bills.
This cover removes most of your financial pressure after an accident and is particularly beneficial for luxury models, where car parts can be costly.
A zero dep car insurance is especially worthwhile in the following situations:
- If you are insuring a new car that is up to three years old, this add-on is highly advisable. Depreciation during the first few years can be a lot lower under a standard policy, and zero depreciation helps reduce the amount you need to pay from your own pocket.
- If you own a high-end or luxury vehicle, replacement or repair costs can be significantly higher. The cover is especially valuable for imported cars with expensive components.
- If you are a relatively inexperienced driver or frequently travel through busy urban areas, this add-on can help cut down on repair expenses even when it comes to minor mishaps. It can also be extremely useful in cases of significant damage or total loss.
What are the Benefits of Zero Depreciation Cover?
After learning what zero depreciation in car insurance is, it is important for you to understand its benefits. The following highlights zero-dep insurance benefits:
- Full Claim Settlement
A key benefit of zero depreciation cover is that claims are settled without deducting the depreciation applicable to car parts.
For example, if components such as the bumper or headlights need replacement after an accident, a regular policy would reduce the payout based on their age. With zero depreciation, you receive the full cost of repairing or replacing those parts.
- Minimised Out-of-Pocket Costs
Since depreciation is not deducted from the claim, your personal contribution towards repair expenses becomes significantly lower. This ensures stronger financial protection and helps you make the most of your car insurance.
- Improved Resale Value
Maintaining a comprehensive car insurance policy that provides a broad range of coverage, along with useful add-ons like zero-dep signals that the car has been well cared for. This can contribute to a higher resale value, as buyers see the vehicle as being properly protected and maintained.
- Cost-Effective Over Time
Although zero depreciation cover requires an additional premium, it often pays for itself during claims. It acts as a modest investment that can save you from substantial repair expenses in the future.
- Provides Peace of Mind
Having this cover offers reassurance that you are financially safeguarded in the event of an accident or damage. It allows you to drive with confidence knowing your insurer provides robust support when needed.
Zero depreciation car insurance enhances your policy by ensuring that depreciation is not deducted from claim payouts. It is especially beneficial for new, high-value, or regularly used cars, often saving you substantial repair costs despite the additional premium.
Considering your vehicle’s age, usage, and potential repair expenses will help you decide whether zero depreciation car insurance is the right choice for you.
Auto
Renault Offers Up to Rs 60,000 Discount on Triber, Kwid and Kiger This Month
Renault India is offering discounts of up to Rs 60,000 on the Triber, Kwid and Kiger this month. The limited-period scheme includes cash discounts, exchange bonuses and loyalty benefits, making Renault’s entry-level and compact models more affordable for budget-focused buyers across the country.
Renault India has launched a new round of discounts on its entry-level and compact lineup. This deal offers benefits of up to Rs 60,000 this month.
This limited-period scheme includes the Triber MPV, Kwid hatchback and Kiger compact SUV. The discounts are intended to make these budget-focused models accessible to more buyers.
Renault Triber: Benefits up to Rs 60,000
The Triber is one of the most affordable seven-seater vehicles in India. It’s particularly popular among discount drivers. Benefits of up to Rs 60,000 are available on the Techno and Emotion variants.
These offers typically include cash discounts, exchange bonuses, Renault-to-Renault exchange benefits and loyalty incentives for eligible customers.
The Triber is powered by a 1.0-liter three-cylinder naturally aspirated petrol engine that produces 72 hp and 96 Nm of torque. It comes with either a 5-speed manual or an AMT gearbox. Some manual variants can also be equipped with a CNG kit with a warranty.
Key features include an 8-inch touchscreen infotainment system with wireless Android Auto and Apple CarPlay, LED DRLs, cruise control and several safety systems such as six airbags, TPMS, and electronic stability control.
Renault Kwid: Benefits up to Rs 35,000
The Kwid hatchback is available with benefits totaling up to Rs 35,000 on select variants. There are also loyalty benefits for existing Renault customers.
The Kwid is powered by a 1.0-liter petrol engine that produces 68 hp and 91 Nm. It’s paired with a 5-speed manual or AMT transmission. The feature list includes an 8-inch touchscreen a digital instrument cluster, a rear-view camera and six airbags.
Renault Kiger: Variant-specific discounts
Offers on the Kiger vary depending on the trim and transmission. Buyers should note that depending on the variant buyers can avail exchange and cash benefits of up to Rs 35,000, as well as loyalty bonuses.
The Kiger is available in two engine options: a 1.0-liter naturally aspirated petrol engine and a more powerful 1.0-liter turbo-petrol unit. Transmission options include manual, AMT, and CVT.
Discounts may vary depending on location, stock availability and eligibility. Buyers are advised to confirm the final offer with their nearest authorized Renault dealership before booking.
Auto
Honda February 2026 Discounts: Up to Rs 1.97 lakh discount on City e:HEV, significant savings on Amaze and Elevate too
Honda Cars India is offering February 2026 discounts of up to Rs 1.97 lakh on the City, City e:HEV, Elevate and Amaze. The limited-period benefits include cash, exchange and scrappage bonuses, making Honda’s sedan and SUV lineup more attractive amid rising competition.
Honda Cars India has rolled out significant discounts for February 2026. These discounts offer benefits of up to Rs 1.97 lakh on its popular lineup, including the City, City e:HEV, Elevate and Amaze.
These limited-period offers are valid until February 28.
This comes amid growing competition in the mid-size sedan and SUV segment.
The savings include cash discounts, exchange and scrappage bonuses, loyalty benefits and corporate schemes.
The final amount varies depending on the city, variant and stock availability.
Buyers are advised to confirm the exact offer with their local dealers.
The Honda Amaze is offering significant savings this month. The older second-generation, pre-facelift model is available with benefits of up to Rs 68,000. The facelifted version is also available with discounts of up to Rs 57,000.
Both versions are powered by a 1.2-liter i-VTEC petrol engine that produces 89 bhp and 110 Nm, paired with a 5-speed manual or 7-speed CVT.
The facelifted Amaze is sold in V, VX and ZX trims. Pricing ranges between Rs 7.47 lakh and Rs 9.99 lakh (ex-showroom).
Honda’s mid-size SUV, the Elevate is a major highlight. Benefits of up to Rs 1.48 lakh are available on this car in February 2026.
Sharing its 1.5-liter petrol engine and transmission options with the City sedan, the Elevate produces 121 hp and 145 Nm.
Available in several trims, including SV, V, VX, ZX, Black Edition and Adventure/ADV Edition. These discounts make this SUV even more attractive, especially for buyers looking for a petrol-only feature-rich option.
Due to this discount the fifth-generation Honda City is also receiving a significant price discount. Benefits of up to Rs 1.27 lakh are available.
Honda hasn’t provided full details. These discounts are reportedly in addition to some corporate offers.
The City is powered by a 1.5-liter naturally aspirated petrol engine, available with manual and CVT gearboxes in SV, V, VX and ZX variants.
Honda City e:HEV tops the discount charts.
The Honda City e:HEV offers the highest benefits of up to Rs 1.97 lakh.
This strong-hybrid sedan combines a 1.5-liter petrol engine with two electric motors: a 109 hp traction motor and a 95 hp motor-generator, producing a combined output of 126 hp and 253 Nm.
Paired with an eCVT this significant discount significantly lowers the entry barrier for buyers considering a fuel-efficient hybrid.
Also Read: Honda City Becomes a Value Sedan in February With Discounts Up to Rs 1.28 Lakh
Auto
Maruti Suzuki Announces Discounts of Up to Rs 45,000 on Arena and Commercial Models Until February 28
Maruti Suzuki is offering February discounts of up to Rs 45,000 across most Arena and commercial models until February 28. The Swift gets the highest benefits, while entry-level hatchbacks, Eeco, and select taxi variants also receive sizeable offers, subject to dealer availability.
Maruti Suzuki has introduced attractive discounts and benefits on almost its entire Arena passenger car lineup and commercial vehicle range for February.
The company is also considering a potential price hike due to rising input costs. Importantly the offers are valid until February 28 or until stocks last.
Additionally these offers are only applicable to vehicles sold through Arena dealerships and the company’s commercial network.
The biggest benefits in February are being offered on the Maruti Suzuki Swift. Buyers are getting total discounts of up to Rs 45,000 on the Swift.
This makes it the model with the highest discount in the current scheme.
Additionally entry-level hatchbacks like the Alto K10, S-Presso, WagonR and Celerio are offering savings of up to Rs 37,500 depending on the variant and applicable exchange or scrappage bonus.
Maruti Suzuki’s people-mover, the Eeco, is also part of the February offers. The passenger version is available with benefits of up to Rs 37,500.
Additionally the Eeco’s cargo and commercial variants, along with the Tour V, are being offered with discounts of up to Rs 35,000. This will provide relief to small businesses and fleet buyers.
In the taxi and commercial segments, benefits of up to Rs 35,000 are available on the Tour H1 (Alto-based).
Meanwhile the Tour H3 (WagonR-based) is being offered with discounts of up to Rs 40,000.
This is one of the highest incentives in the commercial portfolio. Additionally the Tour S (Dzire-based) is available with offers of up to Rs 25,000.
The regular Dzire sedan is only receiving limited benefits of Rs 2,500.
Higher end models are receiving relatively smaller discounts. The Maruti Suzuki Ertiga is available with benefits of up to Rs 5,000.
However there are no discounts on the Ertiga’s taxi version, the Tour M.
The Brezza compact SUV is available with benefits of up to Rs 30,000 depending on the variant and exchange eligibility.
Meanwhile the recently launched Maruti Victis is offering savings of up to Rs 40,000 making it one of the new cars with the highest discounts.
In addition to these offers Maruti Suzuki is also providing ACRM benefits on all Arena and commercial models, except for the Super Carry.
These discounts do not apply to models sold through Nexa dealerships which are excluded from the February scheme.
Buyers are advised to check eligibility, exchange terms and availability at the dealer level for each specific variant.
The final benefits may vary depending on location and stock availability.
Also Read: Honda City Becomes a Value Sedan in February With Discounts Up to Rs 1.28 Lakh
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