Knowledge Centre

Vehicle Insurance

Your Vehicle is one of the most prized assets, as a vehicle owner you need to ensure that it gets the best care and protection. Vehicle Insurance exactly provides an answer to your needs. Vehicle Insurance is insurance for cars, trucks, two wheelers or any other vehicle running on the road. It provides coverage against injuries caused to third party or any other damages to the third party property. Also damages to own vehicle can also be covered. Vehicle Insurance may additionally offer coverage against theft of vehicle, damage from natural disasters and damage from colliding with stationary objects.

Vehicle Insurance Plans

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Vehicle Insurance - 1 Year Comprehensive Plan
  • This vehicle insurance plan provides complete coverage for your car against damages, third party liabilities, and personal accident for 1 year.
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Vehicle Insurance Plan - Standalone Own Damage
  • With this plan you can now insure your vehicle against natural calamities like floods, earthquake etc and man made events like riots, arson.
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Vehicle Insurance - Long Term Comprehensive Car Insurance
  • This vehicle Insurance plan provides complete coverage for your car up to 3 years for damages resulting from natural calamities, man made events and third party liabilities.
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Vehicle Insurance Plan - Third Party Liability
  • The vehicle insurance plan offers cover for all the damages caused by your vehicle to a third party in the event of an accident. It is a mandatory cover!
Why HDFC ERGO?

Secured Over 1 Crore+ Smiles!

Trust redefines relations at HDFC ERGO. We consistently strive to make insurance easier, more affordable and more dependable. Here promises are kept, claims are fulfilled and lives are nurtured with utmost commitment.
Why HDFC ERGO?

All the support you need 24x7

We understand that in times of distress, instant help is the need of the hour. Our In-house claims team provides round the clock support to ensure hassle-free claim experience. We ensure to be your constant support system in times of need.
Why HDFC ERGO?

Catering customer needs

Since, last 16 years, we have been catering to endless customer requirements endlessly. By providing wide range of plans for every portfolio.
Why HDFC ERGO?

Transparency at its best

HDFC ERGO General Insurance claims are settled with utmost transparency and ease.
Why HDFC ERGO?

Awards

We have received the ICAI Award of the Year and excellence in financial reporting for the year FY: 18-19.
Why HDFC ERGO?

Secured Over 1 Crore+ Smiles

Trust redefines relations at HDFC ERGO. We consistently strive to make insurance easier, more affordable and more dependable. Here promises are kept, claims are fulfilled and lives are nurtured with utmost commitment.

All the support you need-24x7

We understand that in times of distress, instant help is the need of the hour. Our In-house claims team provides round the clock support to ensure hassle-free claim experience. We ensure to be your constant support system in times of need.

Catering customer needs

Since, last 16 years, we have been catering to endless customer requirements endlessly. By providing wide range of plans for every portfolio.

Transparency at its best

HDFC ERGO General Insurance claims are settled with utmost transparency and ease.

Awards

We have received the ICAI Award of the Year and excellence in financial reporting for the year FY:18-19.

What is covered in vehicle insurance policy?

Accident Cover

Accidents

Accidents are uncertain. Did your vehicle get damaged due to an accident? Don’t panic! We cover it!

Car Insurance fire cover

Fire & Explosion

Boom! Fire may hamper your vehicle partially or totally, whatsoever be the loss due to Incidents of fire and explosion. Do not worry we can handle it.

Theft Coverage

Theft

You have taken all precautions but still  your dream vehicle got stolen? It can be a heart shattering experience.. Wait!! Before you fret over it, let us inform you that we will secure it.

natural calamities covered

Calamities

Havoc due to earthquake, landslide, floods, riots, terrorism etc. may take a toll over your favorite vehicle. Read More...

personal accident cover

Personal Accident

In case of injuries due to vehicle accidents, we cover all your treatments and make sure you are healthy and Read More...

third party insurance

Third Party Liability

In case your vehicle accidentally caused injuries or damages to the properties of a third person, we offer complete coverages to Read More...

Order of IRDAI on Premium Rates for Motor Third Party Liability Insurance Cover for the Financial year 2019-20 effective from 16th June, 2019

What is not covered in vehicle insurance policy?

Depreciation not covered

Depreciation

We do not cover depreciation in the value of the vehicle

electrical  & mechanical breakdown

Electrical & Mechanical Breakdown

Any electrical or mechanical breakdowns remain uncovered under our vehicle insurance policy

Illegal Driving

Illegal Driving

Your vehicle insurance goes out of action if you do not possess a valid driving license. Driving under the influence of drugs/alcohol Read More...

Buy Vehicle Insurance: It’s Just That Easy

  • Visit our website www.hdfcergo.com

  • Enter your vehicle number

  • Select year of registration

  • Select city of registration

  • Choose your coverage option

  • You get the premium quote with the payment link

  • Once payment is made, then you receive the copy of the policy in your mailbox

Factors Affecting Vehicle Insurance Premium

  • Scope of Coverage: When you choose comprehensive vehicle insurance over third party, you need to pay additional premium but the benefits far outweigh the costs as more risks are covered

  • Fuel Type: Vehicles running on Diesel and CNG are charged higher premium than the one’s running on petrol

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

  • ecurity Systems: If you have installed security systems that enhance the security of the vehicle, the insurer would take it as a positive step and may provide a reduction in premium

  • Age of the Vehicle: The value of the asset decreases with time, depreciation is charged that reduces the market value of the vehicle, higher the age of vehicle, the less its market value

Vehicle Insurance Claims Procedure - Cashless

  • As soon as you meet with an accident, inform the insurer about the incident, in event of an accident, also file an FIR

  • We would tow the vehicle to the nearest network garage, please do not try to move the vehicle without the consent of insurer

  • Network garage would provide an estimate to us, we would study approve start of the repair work

  • Service station repairs the vehicle and presents the bill to the motor insurer

  • Once insurer completes the verification and evaluation, the claim out process will commence

  • You would have to pay amount corresponding to deductibles and depreciation

  • Insurer pays the remaining amount to the insurer

Vehicle Insurance Claims Procedure-Reimbursement

  • You have to intimate us

  • All the damages are surveyed and assessed by our surveyor

  • Submit the duly filled and signed claim form along with documents as mentioned in the form

  • Once all the documents are received, the claims process is started

  • You will receive the claims computation sheet with entire break up of records

  • In event of any bodily injury, accident, theft and major damage, file an FIR at the nearest police station

  • In event of major damage, accident is reported before the vehicle is removed from spot

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FAQs on Vehicle Insurance

An endorsement is a written evidence of an agreed change in the vehicle insurance policy. It is a document that incorporates changes in the terms of the policy. Additional premium can be charged as applicable.
Awards & Recognition
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