https://www.taxtmi.com/news?id=53594 Zero depreciation cover is an optional add-on to comprehensive motor insurance that waives depreciation deductions on replaced parts, enabling insurers to reimburse the full cost of repairing or replacing damaged components such as plastic, rubber and fibre parts. It is typically limited to newer vehicles, operates only with comprehensive policies, may be subject to caps on the number of zero-dep claims per policy term, and does not eliminate mandatory deductibles or cover exclusions like engine wear, tyres, batteries or mechanical breakdowns. en-us Tue, 26 Aug 2025 10:46:03 +0530 Tue, 26 Aug 2025 10:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=53594 Zero depreciation cover is an optional add-on to comprehensive motor insurance that waives depreciation deductions on replaced parts, enabling insurers to reimburse the full cost of repairing or replacing damaged components such as plastic, rubber and fibre parts. It is typically limited to newer vehicles, operates only with comprehensive policies, may be subject to caps on the number of zero-dep claims per policy term, and does not eliminate mandatory deductibles or cover exclusions like engine wear, tyres, batteries or mechanical breakdowns. News - Tue, 26 Aug 2025 10:46:03 +0530 https://www.taxtmi.com/news?id=53594