TWO WHEELERS

Two wheeler insurance refers to an insurance policy taken to cover against any damages that may occur to a motor cycle and/or its riders due to an unforeseen and unforeseen event like an accident, theft or natural disaster. It provides protection against liabilities arising from injuries to one or more individuals due to the accident. Bike Insurance is the ideal solution to meet exceptional costs that may arise due to the damages caused to the motor cycle. The bike insurance cover provides protection to all types of two wheelers: motor-cycle, moped and covers all uses: personal, commercial or mixed.

FOUR WHEELERS

Car insurance is a type of insurance policy that efficiently takes care of expenses arising from unfortunate events, such as an accident, theft, and any third-party liability. Car insurance is the best way you can protect yourself and your car from financial emergencies, including any legal liability, resulting from physical damage, traffic collision, bodily injury caused to you, your car, or a third party. Various car-insurance-specific terms & conditions are subject to vary with legal regulations in different regions of the country. Car insurance is mandatory so choose a plan wisely. You can now save money, get discounts and find the best deal through PolicyBazaar. Compare various plans and buy hassle-free. Get best plans from top Insurance providers Lowest premium guaranteed Compare and buy instantly Car Insurance or motor insurance covers for losses that you might incur if your car gets damaged or stolen. The premium amount of your car insurance is decided on the basis of Insured Declared Value or IDV of the vehicle. If you increase the IDV, the premium rises and if you lower it, the premium reduces. It is important for any policyholder to compare various auto insurance options before going for a car insurance renewal or buying a new policy.

ALL COMMERCIAL VEHICLES

Commercial Vehicles are either a mode of goods transportation or transfers passengers on fare paying basis. These vehicles perform strenuous tasks on a day to day basis. Be it a touring car, that transfers passengers all day long or a truck that carries goods from one place to another, all types of commercial vehicle contributes to business and help in faster transportation. Continuous functioning on an everyday basis exposes such vehicles to certain risks such as accidents and natural calamities. These risks cause severe damage to your vehicle leading to several exorbitant repair costs. With growing inflation, the repair costs and labour charges have also increased tremendously. Paying for such unexpected damages and losses, may hamper your financial planning and may leave you stranded in a difficult situation. To avoid these situations and safeguard your finances, it’s recommended to opt for a total shield for your commercial vehicle.

Unforeseen expenses may threaten your savings, to meet such expenses and secure your vehicles completely opt for a Commercial Vehicle Insurance Policy. Only a comprehensive cover ensures uninterrupted business process and effortless transportation.

Be it an unfortunate accident or theft, HDFC ERGO Commercial Vehicle Insurance helps in meeting medical expenses with personal accident cover and provides financial assistance in case of total damage, theft or burglary. We offer cashless claim services at over 5000+ authorized garages across the country. We offer you a wide range of vehicle insurance plans online for optimum coverage at the most competitive premiums.

HDFC ERGO Commercial Vehicle offers vehicle insurance package policies for various classes of vehicles like Goods Carrying Vehicles Private and Public Carrier, Trailers, Passenger Carrying Vehicles, Miscellaneous and Special Types of vehicles – Mobile Rig, Shovels, Grabs, Tractor, Excavator etc.

 THIRD PARTY

As per Motor Vehicles Act, 1988, ‘Third Party Insurance’ is a statutory requirement. The idea of the third party comes from the fact that the prime beneficiary of the policy is neither the original insured nor the insurance company, but a pretentious third party. Herein, this motor third party insurance policy will cover for the fiscal liability that is incurred by the owner of the car in the event of unforeseen demise or permanent disability of the third party, which was crashed by the vehicle of the policy holder in an accident. As per the rules, Insurance Regulatory and Development Authority (IRDA) of India compute the damages.