Nil Dep Car Insurance: What Do You Save in a Repair Claim?

Nil dep is short for nil depreciation, also called zero-depreciation cover. A covered accident can still leave you paying depreciation when an old, damaged part is replaced with a new one. This film uses a plastic bumper priced at ₹10,000 to explain a conditional 50% depreciation deduction. If your nil dep add-on applies, you don't have to pay that ₹5,000 depreciation amount. Check which parts your add-on includes and what you may still pay.