HDFC ERGO
HDFC ERGO Car Insurance Feature
Claim Settlement Ratio
100%
Network Garages
6700+
HDFC ERGO Car Insurance Coverage
| Insurance Package | Comprehensive | Third-party Liability |
|---|---|---|
| Expenses on Third Party Property | ||
| Injuries/Death on Third Party Person | ||
| Expenses on Own Car Damage | ||
| Burglary / Theft | ||
| Damage Due to Fire | ||
| Damage Due to Natural Disasters | ||
| Personal Accident | ||
| In-transit Damage | ||
| Coutomize Add on |
Coverage Exclusions
- Depreciation
Your car depreciates as it ages and is used. The normal wear and tear of the car due to usage and depreciation in value is not covered. - Illegal Driving
Driving without a license, under the influence of alcohol and/or drugs, or using the car for criminal activity is illegal. Damages suffered due to such illegal driving would not be covered. - Consequential Losses
Losses that do not occur directly due to an accident are called consequential losses. These losses are not covered. - Electrical and Mechanical Breakdowns
If your car suffers an electrical or mechanical breakdown, the cost of repairs would not be covered. - Incorrect Usage
If you violate the usage limitations, consequent damages would not be covered. The most common example is overloading and the resulting damages. - Geographical Limitation
If you use your car outside the borders of India and then suffer any damage, such damage would not be covered.
About Pay as You Drive Cover
When you have hardly driven your car or use it less frequently, it can become burdensome to pay a hefty car insurance premium. To make the process easier and offer more benefits, HDFC ERGO has come up with the Pay as You Drive – Kilometer Benefit add on cover. With PAYD, the policyholder can get benefits up to 25% after policy expiry.
You can claim a benefit of up to 25% on your own damage premium during policy renewal. When the policy expires, subject to providing distance travelled, you can claim the benefit even with a different insurer. However, if you renew the policy with us, you get an additional 5% discount on the premium if there is no claim in your previous policy.
HDFC ERGO Car Insurance Discount Information
Calculate Your Car No Claim Bonus
| Consecutive claim-free policy tenure | Percentage of markdown on own-damage premium |
|---|---|
| One claim-free period | 20% |
| Two consecutive claim-free periods | 25% |
| Three consecutive claim-free periods | 35% |
| Four consecutive claim-free periods | 45% |
| Five consecutive claim-free periods | 50% |
a comprehensive policy offers other benefits like the No-Claim Bonus (NCB).
NCB (No Claim Bonus) definition: NCB is a discount on premium given to the policyholder for having a claim free policy term.
Benefits of NCB in Car Insurance
- Reward For Maintaining Your Car
- Tied the Owner, Not the Vehicle
- Great Savings on Premiums
- Transferable at Your Convenience
Calculate Your Car Depreciation
| Car’s Age | Depreciation |
|---|---|
| 6 Months | 5% |
| 6 Months – 1 Year | 15% |
| 1 – 2 Years | 20% |
| 2 – 3 Years | 30% |
| 3 – 4 Years | 40% |
| 4 – 5 Years | 50% |
Factors Affecting Car Depreciation Rate
- Expensive, high-end cars have a higher rate of depreciation. Hence, the make and model number of a vehicle plays a determining role in its depreciation rate.
- The age of the car is directly proportional to the rate of depreciation. The older the car is, the higher the depreciation will be and vice-versa.
- A car that is kept and maintained properly attracts a lower depreciation rate, as compared to one that is badly in need of maintenance.
- Vehicles that display good fuel efficiency attract a lower depreciation rate as compared to vehicles that have a lower fuel efficiency.
HDFC ERGO Car Insurance Add on Covers
Zero depreciation
As you use the car, the parts suffer normal wear and tear and depreciate in value. Since depreciation is not covered in the insurance claim, it incurs out-of-pocket expenses. With zero depreciation cover, you get full value of the parts repaired or replaced.
Engine and Gear Box Protection
The engine is the heart of your car, and it is crucial to ensure it is protected. This cover shields you from the financial losses incurred due to damage to your car engine.
Cost of Consumables
This add on cover under the car insurance policy provides coverage for consumables items like lubricants, engine oil, brake oil, etc.
Loss of Personal Belonging
This add on covers the loss of your belongings such as clothes, laptops, mobile, and vehicle documents like registration certificates, etc.
Emergency Assistance Cover
Our car insurance policy will offer round-the-clock assistance to deal with any mechanical breakdown issues of your vehicle.
Return to Invoice
Love your car dearly? Buy this add on cover with your car insurance policy and recover your invoice value in case of theft or total damage to your vehicle.
Tyre Secure Cover
With tyre secure cover, you get coverage for expenses related to replacing the tyres and tubes of the insured vehicle. The coverage is offered when the insured vehicle tyres burst, bulge, puncture, or face a cut during an accident.
No Claim Bonus Protection
Made a claim , worried about your NCB discount? Don’t worry; this add on cover protects your No Claim Bonus earned so far. Also, it takes it to the next NCB slab earning.
Pay as your drive Cover
With pay as you drive add-on cover, you can get the benefits on the own-damage premium at the end of the policy year. Under this cover, you can claim benefits up to 25% of the basic own-damage premium at the end of policy tenure if you drive less than 10,000km.
Downtime Protection
Car in the garage? This cover will help bear the expenses you spend on cabs for your daily commute while your car is getting repaired.
HDFC ERGO Car Insurance Flow
How to Buy HDFC ERGO Car Insurance
To buy a new car insurance policy online
- Visit your insurance provider’s website fill in the details, including your car registration number, mobile number and email address.
- Enter the policy details and the add-on to the cover you would like to opt for.
- Complete the process by paying the premium amount via online payment.
To renew existing car insurance policy online
- Visit the insurance provider website and select renew the policy.
- Enter the details, include/ exclude the add on covers and complete the journey by paying the premium online.
- The renewed policy will be mailed to your registered email id.
Documents Required to Buy Car Insurance Online
- Duly filled and signed Insurance Proposal Form
- Vehicle’s Invoice
- Copy of the RC Book:
- Identity and Address Proof of the Proposer
- Additional Details: Such as prior insurance policies and insured amounts, as requested by your insurer.
How to Claim HDFC ERGO Car Insurance
- Register the claim by calling the insurance company on its customer service number or through its website.
- After claim registration, the policyholder receives a claim registration number which can be used for future communications/references.
- The policyholder should take the damaged car to a network garage in case of cashless claims. If the insured takes the car to the garage of their choice, they will have to go for a reimbursement claim for repairs.
- Submit all the required documents with the surveyor.
- The car insurance company confirms its liability and initiates the claim process
Documents Required for Filing a Car Insurance Claim
- Registration Certificate (RC) Book copy
- Driver’s license copy of the individual driving the insured vehicle at the time of the incident.
- FIR filed at the police station
- Repair estimates from the garage
- Know Your Customer (KYC) documents
- If the accident has risen out of a mutinous act, strikes or riots, then filing an FIR is mandatory.
HDFC ERGO Car Insurance Review
You can Scroll
its a great exp. and easy to process Mr. Sandip Shegar he helped me alot nyc follow up and nice to see the aggressiveness towards sales keep it up Sandip and dont forgot to send me msg of voucher
give better rewards in terms of addon-cover for continued business. like free addon personal medical cover of Rs.20k at reputed hospitals for owner and immediate family only. some what like ESI. I know you can afford that. Increase the cover as the vehicle gets older as he/she will certainly go for a new vehicle.
It very easy to renew and as well i have spoken to your customer support exectuive to understand the change fro LT to HDFC Overall good
EXCELLENT USER FRIENDLY. I Congratulate HDFC ERGO GENERAL INSURANCE for making the system so simple and fast.
An excellent online assistance was given to me for renewal my personal car policy.It made me too easy to renew online besides the professional assitance given on phone as well.Now waiting to get the hard copy as well as soft copy opf the policy. Thanks & Regards, Rishabh Kumar Jain
It was very easy and user friendly and liked a lot for making my Car insurance payment online. Thanks HDFC ERGO Apprciate the UI and the process.
HDFC ERGO Company Information
| Company Name | Financial services company |
| Tollfree | 1800 202 6161 |
| contact@hdfcergo.com | |
| Registered Address | 1st FLOOR, 165-166 BACKBAY RECLAMATION H.T. PAREKH MARG, CHURCHGATE MUMBAI Mumbai City MH IN 400020. |