HDFC ERGO Car Insurance Policy Comparison

Comparison has become an inevitable practise these days. Even when you wish to go on a vacation; you compare places and their highlights to shortlist the best destination. Similarly, car insurance comparison is also a fittest way to find out the right cover for your beloved car. It helps in showcasing the uniqueness of each policy, making it easier for you to make an informed investment decision for securing your car in the long term. Every policy has its own set of offerings, it’s important to look out for a plan which offers comprehensive cover for insuring maximum loss caused due to uncertainties. Comparing can insurance plans would help you in finding out the difference between policies and choose a plan suiting your budget and requirement.

How to Compare Car Insurance Policy in India?

Comparing car insurance plans is probably the best way to shortlist the right policy for your car. Insured Declare Value and No Claim Bonus are some of the factors that affect the car insurance premium. Insured Declared Value is the maximum sum assured offered by the insurer in event of total loss or theft. No Claim Bonus is the discount on the premium offered by the insurer if the policyholder has not made a claim during the policy tenure. In a large perspective, car insurance policies with HDFC ERGO are divided into two broad prospects, comprehensive cover and third party liability. Let’s understand the benefits offered by both these policies to pick the right cover for your car.

Factors affecting Car Insurance Premium

Factors affecting car insurance premium includes

  • Scope of Coverage: When you opt for comprehensive car insurance instead of just buying third party, you need to pay additional premium but the benefits far outweigh the costs as the risks covered is more than the third party coverage.

  • Fuel Type: Insurance premium for cars that run on Diesel and CNG is more than the premium for cars running on petrol.

  • Value of the Car: Insured Declared Value (IDV) is the one of the main component in determining the premium IDV is basically the current market value of car. If the current market value of the car is higher, the premium for its insurance will be more.

  • Security Systems: If you have installed components that increases the security of your car, then the insurer could take a postive view of the change and provide a reduction in the premium amount.

  • Age of the Car: Car is one of the assets whose value decrease with time, depreciation is charged which reduces the market value of car, higher the age of car, the less its market value.

  • Deductibles: There are two types of deductibles
    • Compulsory Deductible
    • Voluntary Deductible. If you opt for voluntary deductible the premium charged would be lower.

Reasons to buy HDFC ERGO Car Insurance

Save Up to 70% On Your Premiums!
Bid goodbyes to pricey premiums when you can get upto 70% discounts! Why look elsewhere, when amazing quotes are just a click away?
Go Cashless! With 6800+ Cashless Garages
6800+ Network Garages spread all over the country, isn’t that’s a huge number? Not just this, we let you register a claim via IPO app & website & we approve your claims within 30* Minutes.
Why Limit Your Claims? Go Limitless!
HDFC ERGO opens doors to unlimited claims! Though we believe you’ve been driving cautiously, however in case of any claim you wish to register, we do not restrict you.
Overnight Car Repair Services
We repair minor accidental damages from dusk to dawn without any hassle. You can simply get in touch with us; we will get your car picked at night, repair it and deliver it by morning at your door step.

Car Insurance Comparision

  Comprehensive(Single year)Comprehensive(Long Term)  Third Party (Liability Only)
Accidental Damage   
Theft   
Damage due to fire   
Damage due to natural disaster   
Personal Accident cover   
Damage to a third-party vehicle   
Injury to a third-party person   
Zero DepreciationOptional Add-onOptional Add-on 
Emergency assistance coverOptional Add-onOptional Add-on 
No claim bonus protectionOptional Add-onOptional Add-on 
Return to invoiceOptional Add-onOptional Add-on 
Engine & Gear Box ProtectorOptional Add-onOptional Add-on 
Key Replacement coverOptional Add-onOptional Add-on 
Cost of Consumable ItemsOptional Add-onOptional Add-on 
Loss of Use - Downtime ProtectionOptional Add-onOptional Add-on 
Why HDFC ERGO?

Secured Over 1 Crore+ Smiles!

Take a quick look at our customer base, and you are sure to be amazed to see 1 Crore+ smiling faces! The multitude of awards received by us including the IAAA and ICRA ratings further speak about our trustworthiness, credibility and highest claim paying abilities!
Why HDFC ERGO?

Overnight Car Repair Services

The stars might refuse to shine, but we will never refuse to repair! We repair minor accidental damages from dusk to dawn without any hassle. You can simply get in touch with us; we will get your car picked at night, repair it and deliver it by morning at your door step .We offer these services in 13 cities at present!
Why HDFC ERGO?

Transparency at its best

Transparency holds the key to our transactions, and you can be assured of getting the seamless claim procedures. With 30 Minutes*** claim approval & online claim intimation via QR code we’ve been winning customer smiles everywhere.
Why HDFC ERGO?

All the support you need-24x7

Get hassle-free support every day, every week whenever and wherever you need! With our dedicated in-house claims team and customer support, we ensure every query is responded . Isn’t that great? To know someone has your back even in the middle of the night?
Why HDFC ERGO?

Go Paperless! Go Boundless!

Why stick to age-old time-consuming paper works when HDFC ERGO can get all your works done paperless? The online transactions make you boundless and free! Your time is valued at HDFC ERGO!
Why HDFC ERGO?

Secured Over 1 Crore+ Smiles!

Take a quick look at our customer base, and you are sure to be amazed to see 1 Crore+ smiling faces! The multitude of awards received by us including the IAAA and ICRA ratings further speak about our trustworthiness, credibility and highest claim paying abilities!

Overnight Car Repair Services

The stars might refuse to shine, but we will never refuse to repair! We repair minor accidental damages from dusk to dawn without any hassle. You can simply get in touch with us; we will get your car picked at night, repair it and deliver it by morning at your door step.We offer these services in 13 cities at present!

Transparency at its best

Transparency holds the key to our transactions, and you can be assured of getting the seamless claim procedures. With 30 Minutes*** claim approval & online claim intimation via QR code we’ve been winning customer smiles everywhere.

All the support you need- 24 x 7!

Get hassle-free support every day, every week whenever and wherever you need! With our dedicated in-house claims team and customer support, we ensure every query is responded .Isn’t that great? To know someone has your back even in the middle of the night?

Go Paperless! Go Boundless!

Why stick to age-old time-consuming paper works when HDFC ERGO can get all your works done paperless? The online transactions make you boundless and free! Your time is valued at HDFC ERGO!

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Frequently Asked Questions

You can compare auto insurance policies based on the factors including Coverage and features of the plan, Insured Declared Value, Add-On's offered, Claim Settlement Ratio and comparison of the premiums. This exercise of comparison of auto insurance policies id best done online as it would save your time and efforts and you would be able to get all the needed information instantly
By simply entering your vehicle registration details you can calculate premium car insurance premium calculator and compare quotes of different policies by HDFC ERGO online. The benefits of using a car insurance calculator includes that You would be able to make informed decision, you would be able to make the changes to the coverages and see the difference in premium, you would be able to make the decision yourself without any influence of any agent.
Comparing car insurance quotes is suggestible practice as you would have the detailed information on the plan and correct premium to decide upon. You can visit the website of the insurer or could contact an insurance agent. Buying/Renewing a car insurance policy online helps you save time and effort and is a hassle free process.
When you opt for a Zero depreciation car insurance Add-On which is also known Nil Depreciation Cover or Bumper to Bumper Cover, you would able to get the full market value of your car in event of a claim being raised as the add-on offers coverage against the depreciation that would be charged by the insurer.
Buying car insurance is an easy and quick process. Car Insurance Premium Calculator and enter your vehicle details, calculate premium, make instant payment and download the policy copy instantly.
For comparing car renewal insurance, you may read about the policy offerings, compare quotes and renew your insurance online, instantly
You can do judicious comparison of insurance plans online, where you can get the results instantly. However buying a insurance plan just based on premium would be ahuge mistake, you need to check whether the feature of insurance plan matches your requirements.

The Insured’s Declared Value (IDV) of the vehicle will be deemed to be the ‘SUM INSURED’ and it will be fixed at the commencement of each policy period for each insured vehicle.
The IDV of the vehicle is to be fixed on the basis of the manufacturer’s listed selling price of the brand and the model of the vehicle proposed for insurance at the commencement of insurance /renewal and adjusted for depreciation (as per schedule specified below). The IDV of the side car(s) and / or accessories, if any, fitted to the vehicle but not included in the manufacturer’s listed selling price of the vehicle is also likewise to be fixed.

AGE OF THE VEHICLE% OF DEPRECIATION FOR FIXING IDV
Not exceeding 6 months5%
Exceeding 6 months but not exceeding 1 year15%
Exceeding 1 year but not exceeding 2 years20%
Exceeding 2 years but not exceeding 3 years30%
Exceeding 3 years but not exceeding 4 years40%
Exceeding 4 years but not exceeding 5 years50%
Awards & Recognition
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