HDFC ERGO Car Insurance Policy
Basic Benefits
This policy under its comprehensive coverage offers third party and personal accident cover for driver and owner including the car.
Towing charges of INR 1500 is offered under this policy along with damages to your car due to fire explosions, terrorist attacks and natural calamities such as quakes and floods.
Optional Coverage
Named Person Personal Accident Cover – The person who is named in the policy during its inception will be shielded with personal accident cover apart from the cleaner or paid driver who have been mentioned in the policy.
Unnamed Person Accident Cover – This option will provide a personal accident cover to any individual apart from the cleaner or paid driver.
Electrical Fittings Cover – This option is selected at the time of purchasing the comprehensive policy depending on your specific need. It provides special coverage for your car accessories such as fog lights, stereos etc.
CNG Kit Cover – This can be chosen at the time of purchasing the policy. It is however compulsory to declare that your vehicle has a CNG kit installed. This special coverage ensures that your CNG Kit in the vehicle is covered.
Voluntary Deductible - With this option a fixed percentage of claimable expenses will be paid by the insured individual.
Non-Electrical Accessories Cover – It will provide cover for your wheels and seat covers and can be opted while buying the policy.
Personal Accident Cover For Paid Driver, Cleaner & Conductor - This option will provide personal accident cover to a paid driver, cleaner and conductor.
Discounts Offered
Automobile Association Member Discount
Antitheft Discount
Third Party Property Damage Discount
Special Discounts
Age Discount - This discount is offered specifically for HDFC ERGO comprehensive car insurance policies. With this discount, the insured between age 35 years to 45 years get a discount of 5 % on own damage section.
Occupation Discount - This discount is applicable for insured perusing occupations like doctors, qualified Chartered Accountant, etc. The insured with occupation discount would get a discount on own damage section of the policy.
Policy Exclusions
Compulsory deductible amount
Ageing, wear and tear
Damage by person without driving license
Damage to tyres and tubes
Optional Add-Ons
Emergency Assistance Coverage - This is an add-on benefit offered under Private car insurance policy. Under this benefit on site minor repair of car, battery jump start, fuel delivery, lost/ stolen key coverage, etc. are provided within 50 km from the breakdown point up to nearest vendor (a place where possible solution is available) or city.
Return to Invoice - This is an add-on benefit offered under private car insurance policy. With this benefit the insured gets an invoice price along with road tax and registration price in case it is stolen or has total loss due to a major accident.
Note: All the plans mentioned below offer comprehensive coverage with exclusions and benefits mentioned above.
Portfolio of Products
Silver Plan
This plan offers zero depreciation add-on cover. Zero depreciation or bumper to bumper cover protects the vehicle from the depreciated or reduced value of car parts (this includes the paint, plastic parts, etc.). The depreciated value is anywhere between 5- 50% and is effective right after the car drives out of the showroom. Thus, with this add-on cover the out of pocket expenses of the insured are saved to a large extent at the time of claim.
Note: This add-on cover is available only up to 3 years from the date of first purchase.
Gold Plan
This plan offers two add-on covers namely Zero Depreciation (available in Silver plan mentioned above) and Loss of Use/ Down Time protection.The loss of Use/ Down Time protection benefit offers daily cash allowance up to INR 500 per day for a maximum of 5 days or 15 days depending on partial or complete loss respectively. Under this benefit, the cost of alternate transport for the period of repair or replacement of car is also covered.
Platinum Plan
This plan offers three add-on covers namely Zero depreciation, Engine and Gear box cover and No-claim bonus protection. Engine and Gearbox cover- This add-on cover offers coverage for the non-accidental of engine, its parts and/ or gearbox damage. This damage can be a result of floods, leakage of lubricating oil, etc.
No-Claim Bonus Protection
This add-on cover offers coverage for the no-claim bonus which is the premium discount which insured earns after every claim free year. Normally, the no-claim discount is lost after a single claim however, with no-claim bonus protect the no-claim discount earned is protected after one claim in a year.
Titanium Plan
This plan offers four add-on covers namely Zero depreciation, Engine and Gear box cover, No-Claim Bonus Protect and Cost of Consumables. The cost of consumables add-on cover offers coverage for expenses towards consumable items like lubricants clip, nut bolt, break oil, etc.
Claim Settlement
Cashless Garage Network –This Company has a network of around 2000+ garages.
