Two Wheeler
Bike depreciation rate: How to calculate, formula, examples
The article explains how bike depreciation works, the factors influencing value drop, depreciation rates under the Companies Act, IDV significance and how insurers calculate a bikes current value. It includes formulas and examples to help riders understand yearly depreciation and premium impact.
13 Aug 2025
The article explains how bike depreciation works, the factors influencing value drop, depreciation rates under the Companies Act, IDV significance and how insurers calculate a bikes current value. It includes formulas and examples to help riders understand yearly depreciation and premium impact.
13 Aug 2025