Types of HDFC Ergo Car Insurance Plans That You Can Consider Buying

HDFC Ergo which is a joint venture between HDFC Bank and ERGO International has a claim settlement ratio of 100%. With a high claim settlement ratio, HDFC Ergo is one of the leading names in the car insurance industry. To meet the different needs of policyholders, HDFC Ergo sells three different types of car insurance plans. Read on to know all about the HDFC Ergo car insurance plan.

Types of HDFC Ergo Car Insurance Plans

Wondering what are the different types of car insurance plans you can buy with HDFC Ergo? If so, then listed below are the types of HDFC Ergo car insurance plans:

• HDFC Ergo Third-party Car Insurance: A third-party car insurance is a must according to the Motor Vehicles Act of 1988. With HDFC Ergo third-party car insurance, you can get protection if a third-party is damaged or injured due to the insured car. 

• HDFC Ergo Standalone Own Damage Car Insurance: HDFC Ergo Standalone Own-damage car insurance provides protection to the insured car if it is damaged due to fire, explosion, natural disaster, theft, malicious act, or more. However, there is no third-party coverage in Standalone own-damage car insurance.

• HDFC Ergo Comprehensive Car Insurance: HDFC Ergo Comprehensive car insurance provides protection for both third-party and standalone own-damage car insurance. With HDFC Ergo Comprehensive car insurance, you thus complete protection if any accident or any other unfortunate event takes place. However, it is important to note that the premium of HDFC Ergo Comprehensive car insurance is higher than third-party and standalone own-damage car insurance. 

So, depending on your need, buy the right type of car insurance plan with HDFC Ergo.

Factors to Consider When Buying a Car Insurance Plan

Some of the factors that you must consider when buying a car insurance plan are as follows:

• Cashless Garages: It is very important to check the availability of cashless garages when buying car insurance plans. The more the number of cashless garages that has a tie-up with an insurer, the more beneficial it is for a policyholder. So, always choose a car insurance company that has more cashless garages.

• Claim Settlement Ratio: The claim settlement ratio refers to the company’s efficiency in settling car insurance claims. So, it is a better idea to purchase car insurance plans with a company that has a higher claim settlement ratio.

• Customer Service: It is very important to check whether the chosen car insurance company is offering reliable customer service or not. You should ideally choose an insurer that offers 24*7 customer service. 

• Premium: More than anything else, it is crucial that you check the premium of the car insurance plan you are buying. You should never buy a car insurance plan that does not fit your budget or choose unnecessary add-ons to it. 

How to Buy HDFC Ergo Car Insurance with InsuranceDekho?

Some of the steps that you need to follow to buy HDFC Ergo car insurance are as follows:

• Go to the car insurance option on InsuranceDekho website

• Enter details such as vehicle registration number, mobile number, OTP, and more. Once you have entered the details,  you will be taken to the quotes page

• Select HDFC Ergo car insurance plan from the quote page and include the necessary add-ons

• Next, make the premium payment for the selected HDFC Ergo car insurance plan

• Once your payment is approved, you will receive HDFC Ergo car insurance policy on your registered email id

Take Away

So, choose a desired type of car insurance plan with HDFC Ergo and ensure complete protection for your car. You can also include a number of add-ons to your HDFC Ergo car insurance plan for even more protection. 

Also read: HDFC Pay as You Drive Add-on Cover: All You Need To Know