Bumper to Bumper Insurance

What is Bumper to bumper car insurance?

Bumper to bumper car insurance policy, also known as zero depreciation car insurance add-on, covers rubber, fibre and glass parts of your car without factoring in depreciation. If your car gets damaged, bumper to bumper insurance plan covers the entire cost of repairs or replacement of these parts with the insurer not deducting their depreciation value.

In case of a normal car insurance policy, the expenses associated with the damage of car parts can never be completely claimed by the owner of the policy. This is because depreciation costs that occur with wear and tear owing to the ageing of the vehicle are never accounted for in a regular car insurance policy. With the Bumper to Bumper coverage policy, you can override the issues that arise from this fallacy apparent in normal insurance policies.

Benefits of Bumper to bumper car insurance

Without a proper understanding of add-on covers that are available during the purchase of any insurance policy, one can miss out on numerous opportunities for saving. With the Bumper to bumper car insurance coverage, you can claim the entire amount for which your vehicle has been insured without having to shell out money for depreciation costs. Below the benefits offered by Bumper to bumper car insurance:

Other benefits that are included in the policy include:

• Extensive coverage: Bumper to bumper insurance covers the cost of repairing or replacing essential parts of your car, including rubber, glass and fiber components, without any depreciation deduction.
• Enhanced financial protection: Bumper to bumper car insurance reduces out-of-pocket expenses for vehicle repairs. This makes it ideal for any car, including expensive ones.
• Peace of mind: Bumper to bumper car insurance offers peace of mind as you know the part will get replaced or repaired without any additional financial burden.
• Boosts car’s resale value: Bumper to bumper car insurance helps maintain your car in optimum condition by ensuring timely and quality repairs, leading to better resale prospects.

Key features of Zero depreciation add-on

Being in an accident is never a good thing. There are numerous expenses to be handled and even more issues to take care of as far as maintenance is concerned. With the bumper to bumper coverage, you can reduce a ton of hassles, obstacles and heartache that comes with accidents. One of the biggest benefits of such coverage is that most parts of your car are covered within this policy, irrespective of their depreciation costs. Bumper to bumper policy, also called zero depreciation add-on, has the following key features:

• Full claim coverage: It offers complete claim settlement and doesn’t factor the depreciation of vehicle parts. This ensures maximum reimbursement.
• Expenses incurred on mechanical breakdown
• Costs arising from consumables or oil changes.