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. Since 16 years, the insurance company has been catering to the endless customer needs by providing a variety of insurance policies, including bike insurance, car insurance, health insurance, travel insurance, and home insurance in the retail space, as well as customised insurance policies for marine insurance, property insurance, and liability insurance in the corporate space, with bike insurance being one of its most 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 also achieved ISO certification for its insurance claim services, customer service, and policy issuance in the fields of bike insurance, health insurance, and other types of insurance. With more than 120 offices in 106 cities, the general insurer employs over 3,000 people who are dedicated to accomplishing common goals.

Customers can choose from third-party bike insurance, standalone own-damage bike insurance, and complete bike insurance policies from the general insurance company.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

HDFC ERGO General Insurance offers three main types of two-wheeler insurance namely Third Party, Standalone Own-Damage and Comprehensive Insurance Plan. HDFC ERGO Third Party Two-Wheeler insurance is a type of cover that is mandatory as per the Motor Vehicles Act, 1988, this cover takes care of the third party liability such as bodily injuries, demise or property damage of the third party in case an unforeseen event occurs.

HDFC ERGO Standalone Own-Damage Two-Wheeler insurance covers the damages to the policyholder's two-wheeler caused during an accident, theft, fire/explosion, vandalism and natural/manmade calamities. This type of insurance policy covers the cost of own damages/cost of repairs that the policyholder may have to bear themselves.

Under the same insurance policy, HDFC ERGO Comprehensive Two-Wheeler insurance covers both own-damage costs and third-party liabilities. This type of insurance protects you against the risks of riding a two-wheeler.

A potential buyer can also purchase an add-on cover to supplement the base coverage of the insurance plan. With a standalone own-damage and comprehensive policy, add-on covers can be purchased. These add-ons come at an additional cost, but if the correct add-on is selected with the policy, they can be quite useful in times of crisis.Some popular add-on covers are zero depreciation cover, engine protection cover, roadside assistance cover and tyre protection cover. You can choose an add-on that is suitable according to requirements and budget.

When you buy any form of two-wheeler insurance policy from HDFC ERGO General Insurance, you can get a lot of benefits. HDFC ERGO has a large and well-equipped garage network. The insurance provider is well-known for providing car repair services the next day.HDFC ERGO offers seamless claim procedure, affordable premium rates and also offers 24x7 customer support. HDFC ERGO follows a paperless procedure, all transactions made are paperless.

Significant Points of HDFC ERGO Bike Insurance