Zero Depreciation Car Insurance: Benefits, Costs, and Coverage

Car parts can lose value as a car gets older.

With regular comprehensive insurance, an insurer may subtract this loss in value when paying an eligible repair claim.

Zero depreciation insurance is an optional add-on that may reduce those deductions for certain parts.

This can mean paying less yourself after some covered damage.

It usually costs more than a standard policy.

It may be especially useful for newer cars or people who drive in busy traffic.

However, the cover has rules, exclusions, and possible claim limits.

Drivers should compare the extra cost with the protection offered before choosing it.