April 14, 2026
Does NICL Zero Depreciation Cover Alloy Wheels & Accessories?
NICL zero depreciation cover alloy wheels is a common question for car owners who have upgraded wheels or added accessories. The direct answer is simple: NICL’s Nil Depreciation Plus does not automatically cover alloy wheels or accessories unless they are specifically included in the policy schedule with a separate IDV. That is why many claims get confusing. People expect zero depreciation to work like full bumper-to-bumper protection, but NICL’s wording is narrower. It covers depreciation on eligible parts in an admissible partial loss claim, while accessories and extra fittings are excluded unless separately insured. Does NICL zero depreciation cover alloy












