DHFL Third Party Car Insurance
DHFL General Insurance has maintained a good record of providing the third party car insurance policy to its policyholders. The third party/liability only policy provided by DHFL is known as CocoDrive Liability Only Policy and insures the policyholder against the third party liabilities which may arise due to an unfortunate event involving his/her car.
As per the Indian Motor Tariff, every car owner in the country is required to have at least a third party car insurance policy. Driving an uninsured car, i.e. a without at least a third party car insurance plan is punishable by a fine of ₹2,000 and/or imprisonment of up to 3 months. Thus, the CocoDrive Liability Only Policy by DHFL General Insurance helps you fulfill the statutory requirement in addition to insuring you against the third party liabilities.
DHFL Third Party car Insurance vs Comprehensive car Insurance
Third Party car insurance
Comprehensive car insurance
This policy provides coverage against the financial and legal liabilities of the third party only.
This policy provides coverage for both ‘Third Party’ and ‘Own Damage’.
Nature of Requirement
This policy has been made mandatory for all cars under the Indian Motor Tariff.
This policy is optional and depends on the policyholder’s preference.
No add-on covers are available with this policy.
All add-on covers are available with this policy.
Relatively lower premium due to limited coverage.
Relatively higher premium due to wider coverage.
What All Is Covered Under DHFL Third Party Car Insurance Policy?
These followings are covered under the DHFL third party car insurance policy.
- Third party property damage: The DHFL third party car insurance policy provides financial assistance to the policyholder in case of any damage to the third party property up to Rs. 7.5 lakh.
Explore Dhfl Car Insurance
DHFL Car Insurance User Reviews
- Most Helpful
434 Dhfl Cashless Garages in India
DHFL Third Party car Insurance FAQs
Does the third party car insurance policy provide coverage outside the geographical arena?
Each policy has a pre-decided geographical limitation for the policyholders. The DHFL third party car insurance policy will not provide for any damage or injury to the third party that occurred outside the pre-decided geographical area.
What should I do in case of third party damage to avail the coverage?
Inform the insurer immediately after the accident or mishap. You can call their toll-free number 1800 123 0004 and register your request. You can also visit the nearest branch and inform the insurer.
How much compensation is provided by DHFL General Insurance in case of loss of one limb or sight of one eye of a third party?
The amount of compensation in such cases is decided by a court of law. The insurer is liable to provide 50% of the compensation decided by the court in case of loss of one limb or sight of one eye of a third party.
Does the DHFL third party car insurance policy provide coverage for any damage to the insured car?
The CocoDrive Liability Only Policy by DHFL General Insurance provides coverage against the third party liabilities only. Any damage caused to the insured’s car is excluded from the coverage of this policy.
Why to Buy Car Insurance Policy from InsuranceDekho?
- Instant policy# within 5 mins
- More than 11.5 Lac happy customers
- Claim Support available all 7 days of the week
Latest Car Insurance News
- Reasons Why You Need Car Insurance For Autonomous ...
Autonomous vehicles may get you excited with each new car be...17 August 2020
- Top Car Insurance Companies Providing Personal Acc...
On the basis of Health Insurance Claim settlement ratio, her...30 April 2020
- Cashless Car Insurance Policy Usefulness
What is cashless motor insurance all about? Let’s get into t...27 April 2020
- Types of Car Insurance Policies in India
Let’s explore about car insurance policy types in India. Aft...24 April 2020
- Return to Invoice Add-On Cover For Car Insurance
Explore return to invoice add-on cover in Car Insurance in ...23 April 2020
- Know What is NCB in Car Insurance Online India
All You Need To Know About No Claim Bonus On Car Insurance O...22 April 2020