About HDFC ERGO Bike Insurance
HDFC ERGO General Insurance Co. Ltd. is a joint venture between HDFC Ltd. and ERGO International AG where the former is India’s premier Housing Finance Institution and the latter is a primary insurance entity of the Munich Re Group. The insurance company has been catering to the endless customer needs since 16 years by offering them a range of insurance policies, including bike insurance, car insurance, health insurance, travel insurance, home insurance in the retail space and customised insurance policies for marine insurance, property insurance, and liability insurance in the corporate space, bike insurance being one of its popular products. It offers a wide range of plans and add-on covers for every portfolio, thereby fulfilling all the requirements of the customers.
HDFC ERGO General Insurance has been assigned an ‘iAAA’ rating by ICRA that indicates its highest claim paying capability. It had also received ISO certification for their insurance claim services in bike insurance, health insurance, etc., customer servicing, and policy issuance. With more than 120 branches in more than 106 cities, the general insurer has more than 3,000 employees who work dedicatedly to achieve common goals.
The general insurance company offers third party bike insurance policy, standalone own-damage bike insurance policies, and comprehensive bike insurance policies to the customers. Bike insurance policies offered by HDFC ERGO General Insurance come at an affordable bike insurance premium yet offer wide coverage. They come with features such as No Claim Bonus, 24*7 roadside assistance, cashless services, and so on.
HDFC ERGO Bike Insurance
You can purchase three main types of insurance for your two-wheeler from HDFC ERGO General Insurance. The first is third party insurance. This type of cover is compulsory and takes care of third party liabilities in case of a mishap including bodily injuries, death and property damage. The second is the standalone-own damage insurance that will cover the cost of damages to the policyholder’s two-wheeler in case of a mishap including cases of road accidents, theft, fire, vandalism, natural and manmade calamities. The third is a comprehensive plan for two-wheelers that will take care of both own-damage costs and third party liabilities under a single cover. HDFC ERGO two-wheeler comprehensive plans offer holistic protection from the uncertainties of driving a two-wheeler.
Customers can also purchase add-on covers that further strengthen their insurance plans. Add-on covers are available with standalone own-damage covers and comprehensive plans. Some useful ones include the zero depreciation cover, the engine protection cover, the roadside assistance cover and the tyre protection cover. These come at an additional cost however, they can make a world of difference in times of crisis if chosen correctly.
Purchasing Two-wheeler insurance from HDFC ERGO General Insurance comes with a number of benefits. The insurance provider has a wide and well-equipped network of garages. Moreover, they are known to have quick service offering overnight repairs. Additionally, HDFC ERGO is reputed for the affordable premium rates at which they offer their two-wheeler insurance while also providing efficient customer service.
Significant Points of HDFC ERGO Bike Insurance
Third-Party Insurance (Property Damage)
Up to Rs. 1 Lakh
Depends on the IDV of the two-wheeler
Personal Accident Cover
Maximum of Rs 15 Lakh
24x7 Claim Assistance Available
What is your bike's brand?
Benefits of HDFC ERGO Bike Insurance
- An extensive network of 6,800+ garages
- 24x7 emergency assistance is available
- Offers the facility of renewal without inspection
- Insurer provides paperless insurance procedures
- Allows the policyholders to make unlimited claims
Explore Two Wheeler Insurance
Must Read Articles before buying Hdfc Ergo Bike Insurance
- ABS refers to Anti Lock Braking System. It is a technology which prevents loss of control of your bike when braking. Read all about its importance and
- Find out what are the factors you should keep in mind when selecting which motorcycle boots are right for you.
- DIY bike maintenance tips for beginners. When it comes to the protection of bikes, just having a reliable insurance policy is not enough. Read more.
- two-wheeler insurance sector which has seen a vast range of changes as a result of the digital transformation of India’s economy.
- Buying insurance for an old bike? the process is a little different when it comes to old two-wheeler insurance. Know more.
HDFC ERGO Bike Insurance User Reviews
- Most Helpful
HDFC ERGO Bike Insurance FAQs
Why should I choose HDFC ERGO Bike insurance?
HDFC ERGO is a leading name in the insurance industry. It is working for so many years towards providing the best insurance service to its customers. It has a claim settlement ratio of 91.23% for the FY 2019-20, which clearly states that it has a long list of satisfied customers.
Why do I need insurance for my bike when it’s not even a luxury bike?
Being safe and secure is a necessity for everyone, regardless of the fact that he is leading a normal life or a luxurious life. Bike insurance will help you to be financially secured in the time of any emergency. There might be a situation where a simple accident will burden you with unlimited liabilities.
Does HDFC ERGO provide Zero Depreciation benefits?
Yes, the customers can include a Zero Depreciation benefit in the HDFC ERGO Comprehensive Bike Insurance policy. The customers can purchase Zero depreciation add-on cover to enjoy the benefits.
What bike insurance plans are offered by the HDFC Bike insurance company?
There are four kinds of bike insurance plans provided by the company, which comprise 1 year Comprehensive Plan, Long-Term Comprehensive Insurance, Standalone Motor Own-Damage Cover, and Two-Wheeler Liability Only Insurance.
How many branches does the company own in India?
HDFC ERGO has the vision to provide bike insurance policies to people from all the arenas. It operates in a total of 106+ cities in India with over 120 branches, which are located in all the major states of the country like Maharashtra, Jammu and Kashmir, Gujrat, Haryana, Punjab, West Bengal etc.
Why to buy from InsuranceDekho?
- Instant policy# within 5 mins
- More than 11.5 Lac happy customers
- Claim Support available all 7 days of the week
HDFC ERGO Policy Wording Document Download
- 1.0 MB
- PDF Document
- November 2, 2020
Bike Insurance News
- What Is A PUC Certificate For A Bike?
This article will provide comprehensive information about th...17 May 2021
- Points To Keep In Mind Before Buying A Second-Hand...
This article provides you a few points that you can consider...17 May 2021
- Why Is It A Must To Use A Bike Insurance Premium C...
This article will provide you with information on what an in...16 May 2021
- Is A Personal Accident Mandatory For Bike Owners?
Read along to know if personal accident mandatory for bike o...15 May 2021
- Reduce Your Bike Insurance Premium By Avoiding Sma...
Read this article to understand how avoiding small claims wi...14 May 2021
- Frequently Asked Questions About Bike PUC Certific...
PUC test evaluates a vehicle's emissions and determines whet...23 March 2021
- Documents Required for Bike/Two-Wheeler Insurance ...
Read the article to know what all documents are required at ...26 March 2021
- How To Find the VIN, Chassis And Engine Number Of ...
Check this post to learn how to find the VIN, Chassis and en...22 March 2021
- How is Two-Wheeler Insurance Premium Calculated?
To calculate the overall cost of the insurance, you can use ...19 March 2021
- Want to Apply For Your Bike’s PUC Certificate? Her...
A lack of a PUC Bike certificate insures the driver and the ...23 March 2021
Add-ons For Your Hdfc Ergo Bike Insurance
Every detail provided in this website is for information purpose only. Insurancedekho under no circumstances, endorse the information provided. However, we are constantly doing our best to keep our privileged customers up-to-date with neutral and factual information.