HDFC ERGO Insurance is a joint venture between HDFC Ltd and ERGO International AG which offers a complete range of insurance products for health, home, travel, motor, accident, property, liability insurance and marine, etc. With over 120+ branches in 106+ cities, HDFC ERGO serves its customers with unmatched services and protection against life uncertainties. Designed specifically to prove useful in times when one faces shortcomings of life. HDFC ERGO provides innovative products that cater to all the insurance needs of an individual. Upgrading the plans according to the fast-paced world has made it one of the pioneering insurance companies with a robust system that takes care of its customers efficiently. HDFC ERGO has also received iAAA rating for being one of the highest claim paying insurance companies.
HDFC ERGO car insurance is one of the prime products which is admired widely by users all over. Enabling its customers with a sense of security, the HDFC ERGO car insurance takes care of the emergency needs and provides comprehensive coverage to car owners.
Anyone who owns a car understands the importance of the invested money and an insurance policy. An insurance policy gives the vehicle coverage against losses and damages, third party liabilities and saves the policyholder from financial losses as well. Ensuring that a policyholder does not have to worry about losses in case of an accident or theft, HDFC ERGO car insurance offers easy policy norms which makes the process smooth.
There are several other benefits of HDFC ERGO car insurance plans like:
HDFC ERGO also provides several add-on covers like No Claim Bonus, Zero depreciation, etc.
HDFC ERGO has recorded one of the highest rates of claim settlements for its customers through the easy and quick settlement process.
HDFC ERGO comes with easy online renewals instantly and without lengthy documentation process.
HDFC ERGO helps its customers in getting minor damages repaired overnight without any hassle. They also provide option pick up at night and deliver the vehicle after repair at the doorstep in the morning.
HDFC ERGO comes with a third party liability option in case the accident causes loss or damage to third party’s property or person. HDFC ERGO offers complete coverage for meeting the needs of all the legal liabilities. There are options for having a separate third party policy as well with HDFC ERGO car insurance.
HDFC ERGO provides assistance by covering the medical expenses of treatment in case of an accident and ensures that the insured stays healthy through its feature of personal accident cover. There are offers available for co-passengers as well with minute changes in the policy premiums. HDFC ERGO provides insurance cover for driver and owner up to Rs 2lakhs in case of accidental injury, permanent disability or death.
One of the best features of HDFC ERGO is the round the clock service provided for any emergency and claim assistance. With high rates of claim settlement, HDFC ERGO has become one of the most trusted brands for insurance. It allows easy claim settlement through its app and website, to make the process smooth for its customers.
HDFC ERGO has a wide network of more than 6800 garages across the nation where cashless services can be availed by the policyholders. Allowing the customers to avail cashless services in case of emergencies, HDFC ERGO car insurance supports its customers 24*7.
No Claim Bonus is the discount that a customer gets for renewing the policy already held after a claim-free year. Let’s just consider, HDFC ERGO gives incentives to its customers for driving safely and not getting into any trouble.
The various discounts available under this are
HDFC ERGO car insurance provides comprehensive coverage and protects the policyholder against losses and damages caused due to man-made and natural disasters. Optimizing the insurance with add-on covers, HDFC reduces a lot of expenses for the insured and enhances safety features as well.
There are various plans available with HDFC ERGO car insurance. Each plan provides comprehensive coverage with added benefits.
This plan offers roundup services and benefits by protecting the insured against damages and losses, third-party liability and personal accident cover for one year
This plan offers coverage for the car of the policyholder only.
This plan is a complete package when it comes to insuring a car for long term. Covering the policyholder for third party liability, damaging the insured car and personal accident, this plan is perfect.
This plan offers protection for the damaged caused to the third party in case of an accident. This is one of the mandatory covers which comes with all the plans and is also available separately.
The insurance plans with HDFC ERGO are also classified as:
This plan has an add-on benefit of zero depreciation which means that the policyholder gets full amount of the claim without any deductions for depreciation.
This policy comes with another added benefit of loss of use protection along with zero depreciation
This insurance plan HDFC ERGO brings along another added benefit of No Claim Bonus protection and gearbox protection along with zero depreciation.
This plan has additional benefits of zero depreciation, gearbox and engine protection, no claim bonus protection and consumable expenses covered under it.
The insurance policy for cars under HDFC ERGO provides the following coverage to the policyholders
HDFC ERGO car insurance also has some optional covers available for its customers
This helps in combating the depreciating value of the insured car. This add-on cover reduces the depreciating value of the car and other parts.
The no-claim bonus is kind of discount which the policyholder gets for a zero claim during a year. This bonus increases with every passing year with zero claims. This add on value protects in the times when one makes a claim during one of the years. This add-on helps in saving premiums and No Claim Bonus is retained even if the claim is made. The policyholder can make only three claims which are subjected to damages to the windshield, loss or damage to the parked vehicle by external factors, flood, earthquake, etc.
Cost of consumables cover protects the insured against expenses incurred due to loss of consumable items or accessories of the car in case of any mishap or accident. The list of consumable items includes washers, screws, nuts and bolts, lubricants, clips, grease, bearings, AC gas, engine oil, distilled water, filter oil, brake oil and fuel filter, etc. The claim for consumable items is accepted when the damage or loss is caused due to self-ignition, fire, explosion, flood, storm, earthquake, landslide, theft, burglary, riot, strikes, etc.
This cover helps in emergencies and events unexpected while travelling. These covers helps the policyholder for breakdowns, flat tyre, towing facilities to any nearest garage, fuel emergencies, etc.
The following services are covered under this add-on cover
This cover supports the policyholder for the expenses of repairing the damage caused to the engine, engine parts, gearbox or any differential parts of the vehicle. Any damage which is caused by water ingression, leakage of oil is covered under this add-on cover. The advantage of this cover is that it allows the policyholder to travel without any worries of travelling from areas with waterlogging, flood-prone areas, storm, landslide, or any other peril that might damage the engine or gearbox.
This add-on helps in recovering the loss in case of car theft or complete damage. The cover helps in recovering the depreciated value of the insured vehicle i.e. IDV (insured declared value) under the standard policy. The policyholder gets the invoice value of the insured vehicle along with road tax, registration fees and insurance. This add-on cover claim is approved after the consideration of the following conditions.
This is one of the most amazing add-on covers which HDFC ERGO offers. Under this cover, the policyholder gets reimbursement of the daily expenses insured for travelling or use of transport while the insured vehicle is under repair at the workshop. The cover offers Rs 500/day for the maximum of 5 days for the partial loss of vehicle and 15 days for total loss or theft of the vehicle insured. This claim is allowed for three times during partial loss and just once for a complete loss. This cover saves money when spent on commute while the insured vehicle is under repair after the consideration of the condition that the damage is caused due to any factors mentioned under the own damage clause of the policy and the insured vehicle is kept under the workshop for more than 24 hours.
HDFC ERGO car insurance provides huge discounts to its customers to help them avail the maximum benefit of the policy.
Anyone who is interested in buying HDFC ERGO car insurance then
You can also buy or renew HDFC ERGO car insurance from Turtlemint, which provides assistance in various services and claim settlement. It helps you understand the policy in a better way by and also advises upon what policies best suit your requirement.
Claiming process of HDFC is seamlessly easy and quick. The required steps to follow the claim process of HDFC ERGO car insurance plans is given below
Alternatively, you can also avail claim settlements through Turtlemint. If you bought your HDFC ERGO Car insurance policy through Turtlemint, you can inform Turtlemint and the company would then help you in getting your claims settled. Turtlemint has a claim handling team which handle the claims of their customers.
You can get in touch with the company’s team of claim experts through their number 1800 266 0101 or post an email to the claim team at their ID email@example.com. Once the team is informed of your bike insurance claim, they would take up the claim process on your behalf and coordinate with the insurance company to get the claims settled.
The following exclusions should be kept in mind while filing the claim with HDFC ERGO car insurance
Damage due to wear and tear and normal ageing of the vehicle is not covered under the policy.
Damage due to influence drugs and alcohol: HDFC ERGO does not provide any claim when the damage is caused due to accident or any mishap caused under the influence of any kind of intoxicants like drugs or alcohol.
If the damage is caused by driver driving without any valid driving license, then HDFC ERGO does not pay any claim.
If the damage to the insured vehicle is caused outside the geographical region of India, then HDFC ERGO does not settle any claim.
Any loss or damage due to depreciation is also not covered under the policy of HDFC ERGO.
HDFC ERGO provides all-round coverage for cars which enables its users to drive peacefully. With a huge network of garages and quick solutions to on-road problems, HDFC ERGO also offers add-on covers that enhance the insurance value of the insured vehicle. Also, the extensive set-up for 24*7 assistance towards customers and high rates of claim settlement makes it one of the most trusted brands for insurance.
The insurance coverage depends on the IDV and the listed selling price of the vehicle.
This add-on cover helps during the sudden breakdown of the vehicle, towing facility requirement, replacement of tyre, and other emergencies.
The Insured Declared Value is the sum assured and is decided at the beginning of the policy period. It is calculated on the basis of the listed selling price of the manufacturer and adjusted depreciation of the car based on the model.
All you need to know about HDFC ERGO Car Insurance Plans