HDFC Ergo Own Damage Bike Insurance

HDFC Ergo Own-Damage Bike Insurance Policy – Key Features

Here are a few reasons explaining the key features of HDFC Ergo own-damage bike insurance:

Why Choose HDFC Ergo Own-Damage Bike Insurance?

Opting for HDFC Ergo own-damage bike insurance brings several advantages to meet individual insurance needs:

• Advanced Digital Solutions: HDFC Ergo General Insurance Company Limited offers advanced digital solutions to streamline the bike insurance purchase process. From instant policy issuance to bike insurance online claim filing, policyholders avail seamless digital experience.

• Several Add-Ons and Features: The HDFC Ergo bike insurance policy offers a range of add-on covers to cater to diverse requirements. Some common bike insurance add-ons include engine protection cover, consumable cover, zero depreciation cover, etc., offering enhanced protection at an affordable premium rate. However, you cannot buy these add-ons with your third-party bike insurance policy.

• Dedicated Customer Support: A company has dedicated customer assistance to ensure a hassle-free experience for the insured. This includes 24/7 customer helplines to make bike insurance claim process smooth and address insurance-related queries instantly and effectively.

Inclusions of HDFC Ergo Own-Damage Bike Insurance

The HDFC Ergo own-damage bike insurance policy covers:

• Damage to the insured bike due to accidents, collisions, or overturning.
• Loss or damage caused by fire, explosion, lightning, and self-ignition.
• Theft of the insured bike.
• Damage from natural calamities such as floods, earthquakes, cyclones, etc.
• Damage from man-made disasters like riots, strikes, malicious acts, etc.

Exclusions of HDFC Ergo Own-Damage Bike Insurance

Some exclusions under the HDFC Ergo own-damage bike insurance policy include:

• Any third-party liability arising in a road accident due to the insured bike.
• Damage or loss caused to the insured bike due to driving under the influence of alcohol or drugs.
• Damage sustained in the motorcycle when driving without a valid DL, RC, or own damage bike insurance policy.
• Wear and tear of the insured bike over time.
• Losses due to illegal activities or intentional acts, such as racing.
• Consequential losses or damages not explicitly covered under the policy terms.

How to Buy HDFC Ergo Own-Damage Bike Insurance Online?

To buy HDFC Ergo own-damage bike insurance online, follow the below procedure:

• Step 1: Visit the official website of Policybazaar Insurance Brokers Private Limited, and choose 'Insurance Products' from the top menu bar.
• Step 2: Select 'Own-Damage Bike Insurance' and click the 'View Prices' button to continue with the details.
• Step 3: Get quotes from the list of insurers in India for own-damage bike insurance. Compare and choose the HDFC Ergo policy and add the desired add-ons.
• Step 4: Enter all the details related to your vehicle and nominee.
• Step 5: Finally, pay the bike insurance premium for your chosen plan and receive the policy copy at your registered email ID.

How to Raise HDFC Ergo Own-Damage Bike Insurance Claim?

To raise a claim under your HDFC Ergo bike insurance policy, follow the below process:

• Step 1: Immediately inform the insurance company about the incident to initiate the claim process.
• Step 2: Download the claim form from the insurer's website. Then, fill it out, sign it properly, and submit it with the mandatory documents requested by the insurance provider.
• Step 3: The insurance provider will send the surveyor to examine the extent of loss and prepare an assessment report to be shared with the insurer.
• Step 4: The insurer will accept or reject the claim request by reviewing the assessment report.
• Step 5: If your claim request is approved, send your bike to any cashless network garage for repairs. In this case, the insurance provider will directly settle the bills with the insurer. Otherwise, you can select reimbursement services and send the damaged bike to nearby garages for repair, pay the repair bill expenses on your own, and later receive the money in your bank account from the insurance company.

Documents Required for HDFC Ergo Own-Damage Bike Insurance Claim

To raise your own-damage bike insurance claim, you must have the following documents:

• Duly filled and signed claim form
• First Information Report (FIR) if applicable
• Registration Certificate (RC) of the bike
• Driving License (DL) of the person riding the insured bike during the accident
• Own-Damage (OD) bike insurance policy
• Other documents, as requested by the insurance provider

FAQs About HDFC Ergo Own-Damage Bike Insurance Policy