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HDFC ERGO General Insurance Co. Ltd

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HDFC Car Insurance

HDFC ERGO General Insurance Company Limited is a joint venture between Housing Development Finance Company (HDFC) and ERGO International AG, the primary insurance entity of the Munich Re group, the world's pre-eminent reinsurer. HDFC ERGO General Insurance Company has been rated iAAA by ICRA (an associate of Mood's Investors Service) which is an indication of highest claim paying ability.

HDFC car insurance policy is available online in three quick stages.

The Key features of HDFC car insurance are listed below:

  • Issuance of Instant Online Policy

  • Toll-free help line for claims or any queries related to the policy

  • Provides value added services like ambulance, towing, claim assistance

  • Fast-track settlement processes

  • Cashless claim service at authorized dealers within the network

  • Estimate approval in 24 hours of car reaching in garage

  • Over 1600 plus network garages PAN India

  • Availability of Discounts like Discount for Automobile Association Members, No Claim Bonus, Discount based on Profession and Age

  • No lengthy procedures

  • Strong support by the dedicated customer support team

  • Car Towing charges of Rs 1500 onward is reimbursed on actual basis or whichever is lower


The HDFC car Insurance policy would cover Loss or Damage to the vehicle caused by events like Burglary, House Breaking, Theft, Accident, Lightning, Explosion, Self Ignition, Fire, Riots, Malicious Acts, Terrorism, Strikes, Transit by rail, road, air, lift or inland waterways, Landslide, Earthquake, Flood, Storm or Rockslide. The policy also covers Third Party liability arising out of Injury/Death and Property Damage of a third party due to accident which is mandatory in India. A Personal Accident Cover of upto Rs. 2 lacs is provided to owner-driver. It can also be extended to paid drivers and co-passengers on a named as well as unnamed basis.


The major exclusion in HDFC Car Insurance policy are Damage caused by person driving without a valid license, by person driving under the influence of liquor, drugs or intoxicating substances, Failure or breakdown which are mechanical or electrical in nature, general wear, tear and aging of the car, depreciation of the car, loss or damages caused due to war, nuclear risks or mutiny, damage to tyres and tubes unless damaged in accident, damage or loss outside India, liability of the company shall be limited to 50% of the cost of replacement.


As an incentive to the careful policy holders, HDFC car insurance rewards its policy holders by providing a No Claim bonus of 20% if there are no claims made in the preceding year of the policy and so on. The HDFC Car Insurance also offers additional unique discounts like:

Age Discount: In case the policy holder is aged between 36 to 45 years 5% discount and if aged between 46 to 60 years 10% discount is available on the own damage section of the policy. Policy holder simply needs to provide his/her Pan card copy to avail Age Discount which can be submitted during claim if the policy is purchased online.

Profession Discount: The policy holder can avail 5% discount on the own damage section of the policy, provided he pursues any of the listed occupation like qualified and practicing Chartered Accountant, Serving in defense and paramilitary services, Teachers working in Government recognized Schools, Colleges, and Universities & Educational Institutions, Employees of State and Central Government departments, Medical doctors who are registered with any Government recognized Medical Councils.

To avail this discount insured person belonging to the above profession needs to submit either of the education or employment certificate. It can also be submitted during claim if the policy is purchased online.

HDFC car insurance policy has special Add On Plans which is very beneficial to the policy holder and provides enhanced optimum coverage for his/her car. The Add On Plans are available in three forms:
  1. Silver Plan - Zero Depreciation Claim
  2. Gold Plan - Depreciation Claim. Loss of Use / Down Time Protection
  3. Platinum Plan - Zero Depreciation Claim. Engine & Gear Box. No Claim Bonus Protection
  4. Emergency Assistance Add on

This Add on plans can be availed by paying an additional premium and are indeed very comprehensive and encompass a host of elements, thus making it worth paying an extra premium for these. HDFC Ergo car insurance offers understanding, convenience and professionalism as they are have a focused approach on car insurance policies.


44.58 Lakh satisfied customers till May 2021
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