Hdfc Ergo Car Insurance Renewal

Are you planning on renewing your car insurance? Renewing your car insurance is as important as buying a new car insurance. When your policy is about to expire and you haven’t made any claims in the previous year, it is fine to have doubts on whether or not to renew your car insurance policy. However, you must know that it is important that you renew your insurance policy since you never know when you will be faced with an unforeseen situation.

HDFC ERGO General Insurance is one of the most respected private insurance companies in India. The company offers a series of insurance in the retail segment from health, car, bike, investment, and more. Here, you will learn everything you need to know about HDFC ERGO Car Insurance Renewal process.

Consequences of Not Renewing Your Car Insurance Policy

Before we dive into the details of the benefits of renewing your car insurance, here are some of the consequences of not renewing your HDFC ERGO car insurance policy:

1. Legal Obligation: It is mandatory under the Motor Vehicle Act 1988 to have a third-party insurance. Failure to abide by the law can lead to imprisonment or hefty fine.
2. Financial Burden: Not renewing your car insurance can lead to financial burden in case of a mishap since you will not be covered by any insurer.
3. Car Damage: In case your vehicle gets damaged during a mishap, you will have to bear huge repair damage costs.
4. No Claim Bonus: In case you have not made any claims in the previous years, you will also have the benefits of no claim bonus which will be lost if you do not renew your policy.

Advantages of Renewing your Car Insurance with HDFC ERGO:

If you choose to renew your car insurance with HDFC ERGO, here are the benefits to consider:

• Best Prices: Renew your car insurance policy at just Rs. 2,094

• No Claim Bonus: Get no claim bonus discount up to 50%

• Discounts: Get discounts like Automobile Association Discount and discount based on your age and profession

• Cashless Claim Services: With a network of 7,700+ cashless garages, you can avail 100% cashless service

• Add-ons: Get 8+ add-ons to choose from

HDFC ERGO Car Insurance Renewal Dates and Reminders

Stay updated with your HDFC Car insurance renewal date. Follow the steps below:

How to Check Renewal Date?

Here’s how you can check the renewal status of your HDFC ERGO car insurance:

• Check your policy: Check your policy expiration date in the policy document. Usually, your policy expiration date is also the policy renewal date.
• Check website: Check InsuranceDekho’s website and login to your dashboard, you will have the option to check the details of all your policy bought from us along with the details of renewal.
• Customer Support: You can call InsuranceDekho’s customer support team at +91-7551196989 to assist you on call in renewing your policy.

Note: In case due to any reason you have been unable to renew your HDFC ERGO car insurance policy, you can still opt to renew your policy during the grace period of up to 90 days.

Reminder Options

Here are ways you will be reminded about your HDFC ERGO policy renewal date:

• InsuranceDekho Reminder: A week before your HDFC ERGO policy renewal date, you will receive a reminder from InsuranceDekho on your email and your registered mobile number

• Email or SMS by Insurer: You will also be receiving a renewal reminder message or email from HDFC ERGO

Documents Required for Renewal?

In case you have previously purchased your car insurance policy from HDFC ERGO, then the documents required will be minimal, however if you are porting from another insurer to HDFC ERGO car insurance, you may be asked to show additional documents.

• Drivers Licence
• Car Registration Certificate
• Previous insurance paper or policy document
• Vehicles mileage

Optional Documents:

• Claim history of the car
• Maintenance history of the vehicle
• Vehicle ownership information (in case you are not the registered owner)

Note: In case you are renewing with the same insurer then the required documents are your Registration Certificate and policy document.

How to Renew Your HDFC ERGO Car Insurance Policy?

The renewal process of HDFC ERGO car insurance can be carried out both online and offline with the help of InsuranceDekho:

Online process

Step 1: Click on "Support" from the top bar once you are on the official website of InsuranceDekho

Step 2: Go to the "Renew Policy" section from the dropdown list.

Step 3: Enter your mobile number and click on “Send OTP”

Step 4: You will now be able to access your car insurance policy details.

Step 5: Click the "Renew" button to renew your policy.

Step 6: Lastly, once the payment has been processed, you will be able to download your new policy document.

Online Payment Options for Renewal of HDFC ERGO Car Insurance

You can visit the insurer's website and follow their steps or choose to make the payment from InsuranceDekho’s website.

Payment Options:

Here are the different modes of payment to choose from:

• EMI (Equated Monthly Instalments) or yearly payment
• Credit or Debit Card
• Digital Payment Applications, if applicable.

Offline process

In order to renew your HDFC ERGO car insurance offline, you can:

Call or Home Assistance by InsuranceDekho: In case you face any trouble in renewing or purchasing your HDFC ERGO car insurance online, you can connect with an InsuranceDekho agent on the phone at +91-7551196989 who will assist you in purchasing your insurance. You can also inform the agent on phone in case you require home assistance and an InsuranceDekho advisor will be at your doorstep to assist you.

Visit the Insurer's Branch Office: Alternatively, you can choose to visit your nearest HDFC ERGO branch office to get renewal assistance from HDFC ERGO’s team.

Here are some of the key factors that impact the premium of your HDFC ERGO car insurance at the time of renewal

• Make, Model, Variant: The make, model, variant information of your car impacts the cost of your premium that is to be paid. Note that premium for sports and luxury vehicles or cars that have extremely powerful engines have higher premiums as compared to other cars.

• IDV (Insured Declared Value): The maximum value of your car that is fixed by your insurer that will be offered to you in case of thrift or loss of your vehicle is known as Insured Declared Valur or IDV. Your car’s IDV will also play an important role in finalising your car insurance premium.

• Registration year: The registration year of your car will also define the cost of your car insurance premium.

• No Claim Bonus (NCB): If you haven’t taken any reimbursement from your total sum insured i.e; if you haven’t availed any claim benefits in a particular year, then you get a no claim bonus. However, if claims were made in a particular year, then the frequency and amount of claim will also result in impacting your insurance premium.

• Add-ons: The types of add-ons you opt for will also impact the cost of your car insurance premium. HDFC ERGO offers 8 add-ons like zero depreciation, engine and gearbox protector, no claim bonus protector etc.

Things to Keep in Mind While Renewing Your Car Insurance

• Age of Car: The age of your car will impact the cost of your premium. As your vehicle gets older, the cost of renewal increases as the risk factor increases.

• Inflation Impact: The inflation in the insurance industry will also lead to an increase in your car insurance premium.

• Policy Changes: Any change in the plan you have taken from HDFC ERGO will also impact the cost of your car insurance renewal. It is important that you read your policy document carefully and stay updated with market and company-specific changes.

• Claim History: Your insurance claim history will also depict the cost you will incur on your premium during renewal.

• Grace Period: You can also renew your policy during the grace period in case you have missed to renew it on time. HDFC ERGO has a grace period of up to 90 days and differs on a plan to plan basis.

Grace Period for Your Acko Car Insurance Policy

A grace period is a time period given to a policyholder during which they can choose to renew their expired car insurance policy. Every insurer has a different grace time period, for HDFC ERGO the grace period is up to 90 days.

Note that in case you renew your policy during the grace period after forgetting to renew it at the confirmed time, you will not have any coverage during the grace period. This means you will not get any benefits that’s listed in your policy document during this grace period.

The cost of renewing your HDFC ERGO car insurance policy during the grace period is the same as during renewal period. However, this might change in case you have chosen to take add-ons, moved to a new geographical location within the country or the age bracket of your car has shifted.

Renew Your Expired HDFC ERGO Car Insurance Policy

Renewing your car insurance policy in time is important. Here are the consequences you will face if you do not renew your HDFC ERGO car insurance on time:

Car Inspection: In case you choose to renew your policy after the renewal date and grace period, your car will have to go through a thorough inspection. This may lead to further increase in your premium as any problem in the car will be identified and considered before getting the insurance.

Change in Premium: There will also be a change in the cost of premium post ar inspection and in case you opt for taking an add-on.

Why Renew with InsuranceDekho?

Here are some additional benefits of renewing your car insurance policy from InsuranceDekho:

• Unbiased Opinion: Tailored to your specific needs, InsuranceDekho provides genuine insurance advice.

• Compare quotes: InsuranceDekho provides you with hassle-free comparison of all insurance companies under one roof.

• Reminders for Renewal: Get timely reminder from InsuranceDekho team for renewing your HDFC Car Insurance policy.

• Best Deals: InsuranceDekho offers you the best car insurance deals in the industry. The selection happens after rigorous training and analysis at our end before any plan is suggested to you.

• 24x7 Support: Get hassle-free 24*7 support with InsuranceDekho.

• Port Feature: If dissatisfied, InsuranceDekho will also be able to help you in porting your policy easily to any other insurer.

HDFC ERGO Car Insurance Renewal: Customer Support & Assistance

In case you face any issue in renewing your HDFC ERGO car insurance, you can simply reach out to an InsuranceDekho advisor on the below mentioned details:

Email: support@insurancedekho.com

Helpline Number: +91- 755 1196 989

You can also directly contact HDFC ERGO through their official website.