95% car buyers opt for zero-depreciation cover: Study
Wednesday, 1 November 2023 Zero-depreciation policies have become the top choice for 95% of new car buyers, according to a study by Policybazaar. These policies, also known as bumper to bumper coverage, do not deduct for part depreciation as vehicles age. This has led to increased claim frequency as claimants are no longer left with out-of-pocket expenses despite the intention to cover the replacement value of old parts. The average claim amount under zero-depreciation policies is higher than those without, indicating that car owners are now more conscious of the external appearance of their vehicles.
The new fully electric premium MPV, the Volvo EM90, is not just designed to be a comfortable living room on the move, and a car that provides you with room for life with your loved ones. It is also a..
The new fully electric premium MPV, the Volvo EM90, is not just designed to be a comfortable living room on the move, and a car that provides you with room for life with your loved ones. It is also a..