Benefits of HDFC ERGO Two-Wheeler Insurance
Published On Aug 20, 2023, Updated On Aug 23, 2023
Benefits of HDFC ERGO Two-Wheeler Insurance
Discover the world of worry-free riding with HDFC ERGO Two-Wheeler Insurance. From safeguarding your precious bike against unforeseen mishaps to ensuring your peace of mind on the road, bike insurance offers a comprehensive range of benefits. Whether you're a daily commuter or an avid biker, explore how HDFC ERGO bike insurance plans can provide you with the protection and support you need for your two-wheeler journey.
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Types of HDFC Ergo Two-wheeler Insurance Plans
HDFC Ergo General Insurance Company provides a variety of insurance plans specifically designed for two-wheelers, including the following types:
Any individual purchasing a new motorcycle must secure a mandatory third-party liability insurance package. This insurance plan safeguards against liabilities towards third parties exclusively and does not cover personal losses. It also offers protection against legal liabilities that may arise due to an accident with a third party.
This is a more extensive policy that includes coverage for both – third-party losses and personal losses. It also provides protection against natural or man-made disasters, theft, riots, etc.
Benefits of buying HDFC Ergo Two-wheeler Insurance Policy
HDFC Ergo's two-wheeler insurance plans extend coverage to protect your motorcycle or scooter from potential losses and damages arising from unforeseen risks. These plans come with a range of advantages, which are elaborated below:
- Online Issuance Policy: A notable benefit is the option to purchase plans online, streamlining the process for convenience. By entering your details, selecting coverage, choosing add-ons, and paying the premium, you can instantly obtain your policy.
- No-Inspection Renewals: Renewal can be accomplished without undergoing any inspection for lapsed two-wheeler insurance policies.
- Digital and Paperless Advantage: HDFC Ergo's two-wheeler insurance introduces the convenience of digital transactions, allowing you to purchase policies without the necessity of physical documents.
- Emergency Support: HDFC Ergo's two-wheeler insurance coverage encompasses 24/7 roadside assistance, accessible anytime and anywhere, providing towing services to the nearest repair facility.
- Unlimited Claims: Within the terms and conditions of the plan, HDFC Ergo's comprehensive two-wheeler insurance policy permits unlimited claims.
- Effortless Claims Process: The claims settlement process for HDFC Ergo's two-wheeler insurance is straightforward and user-friendly. It encompasses both cashless settlements and reimbursement of claims.
Additional Coverage Options for Your HDFC ERGO Two-Wheeler Insurance
In addition to the standard coverage provided by HDFC ERGO's two-wheeler insurance policies, you can enhance your protection through various add-ons. Here are some of the available add-ons:
- Zero Depreciation Cover: With this add-on, you can eliminate the impact of depreciation on your vehicle's parts during a claim. This means you'll receive compensation without factoring in depreciation, ensuring a higher payout for repairs or replacements.
- NCB Protection: The No Claim Bonus (NCB) protection add-on safeguards your accrued NCB discount even if you make a claim. This way, your premium remains unaffected upon renewal, allowing you to continue enjoying reduced premiums for claim-free years.
- Roadside Assistance Cover: This add-on offers assistance in case of breakdowns, flat tires, empty fuel tanks, or other roadside emergencies. It provides services such as towing, fuel delivery, and minor repairs, ensuring you're never stranded.
- Return to Invoice: In case of total loss or theft, the Return to Invoice add-on bridges the gap between the insured declared value (IDV) and the actual invoice value of your vehicle, helping you receive the original invoice amount.
- Personal Accident Cover for Pillion Rider: While the standard policy covers the owner/driver, you can extend personal accident coverage to your pillion rider with this add-on, ensuring their financial protection in case of accidents.
- Engine Protection Cover: This add-on safeguards your vehicle's engine and related components against damages caused by water intrusion or oil leakage, which are typically not covered under the standard policy.
- Consumables Cover: The Consumables Cover add-on reimburses the expenses incurred on consumables like engine oil, coolant, nuts, and bolts during repairs following an accident.
- Key Replacement Cover: If you lose your keys or they are stolen, this add-on covers the cost of replacing and reprogramming the keys and associated locks.
- Bi-Fuel Kit Cover: If your two-wheeler is equipped with a CNG/LPG kit, this add-on ensures coverage for the kit against accidental damage.
The HDFC ERGO Two-Wheeler Insurance is a comprehensive and reliable solution beyond mere coverage. With features like hassle-free claim settlement, 24/7 customer support, and customizable plans, it's designed to ensure your peace of mind on the road. Whether you're a new rider or an experienced biker, this insurance offers a safety net that allows you to enjoy your two-wheeler journeys without worrying about uncertainties.
- What documents must be provided when purchasing a bike insurance policy online with HDFC Ergo?
When buying an HDFC Ergo two-wheeler insurance policy online, you must submit proof of identity, proof of address, your driver's licence, vehicle registration certificate, and a recent passport-sized photograph. These documents can be uploaded through the company's website during online purchases.
- How can I access the list of cashless garages affiliated with HDFC Ergo's two-wheeler insurance in my city?
To find the list of cashless garages associated with HDFC Ergo two-wheeler insurance in your city, you can visit the official website of HDFC Ergo General Insurance Company. Alternatively, you can contact the insurance company's customer care department if you cannot locate a nearby cashless garage.
- What steps should I follow to renew my HDFC Ergo two-wheeler insurance?
Renewing your HDFC Ergo two-wheeler insurance is a straightforward process involving two steps. First, visit the insurance company's official website, enter your policy number, make any desired changes, such as adding add-ons to meet your needs, and then proceed to pay the premium. Your policy will be instantly renewed upon completing these steps.
- What happens to my no-claim bonus if I renew a policy after it has expired?
Your no-claim bonus remains valid for up to 90 days after your previous insurance policy expires. However, if you fail to renew your policy within this 90-day period, your no-claim bonus will reset to zero, and you won't receive any benefit when renewing the insurance policy.
- Which add-on covers are available with HDFC Ergo two-wheeler insurance policies?
HDFC Ergo General Insurance Company Limited presents two optional add-on covers that can be purchased alongside your two-wheeler insurance policy by paying an additional premium. These add-ons are the zero depreciation cover and the emergency assistance cover.