Myths about Zero-Depreciation as Add-on Coverage

Apr 09, 2022 (0) comment #accident, #accidentprevention, #autoassociation, #carinsurance, #defensivedriving, #fourwheeler, #insurancecost, #lowpremium, #payasyougo, #premium, #roadsafety, #vehicleinsurance, addon, car, Coverage, twowheeler, zerodepreciation

Depreciation refers to an asset’s loss in value over time due to factors such as time, wear and tear, and obsolescence. Buying a brand-new car will cost more than buying an older model. As with all the materials that are incorporated into building a car, including glass, plastic, metal, etc., there is a certain depreciation […]