Every two-wheeler loses value over time because of regular use and wear and tear. This loss in value is called depreciation. If you don't want the reduced value to affect your bike insurance claim, you can choose a "zero depreciation" cover as an extra benefit with your two-wheeler insurance. You just need to pay a little extra on top of your regular insurance premium. https://www.squareinsurance.in/blog/bike-insurance-news/what-is-zero-depreciation-in-bike-insurance