HDFC Ergo Own Damage Car Insurance
Own Damage Car Insurance is a type of insurance that protects your car from damage, loss, theft, or accidents. It helps you pay for repairs if your car gets damaged. This insurance covers only your car and does not include third-party damages.
Standalone Own-Damage Insurance V/S Third Party Insurance V/S Comprehensive Insurance
| Feature | Standalone Own Damage Insurance | Third Party Insurance | Comprehensive Insurance |
|---|---|---|---|
| Coverage | Covers damage to your own car only. | Covers damages or injuries to others only. | Covers both your own car and third parties. |
| Legal Requirement | Not required by law | Mandatory by law for all car owners. | Not mandatory but offers extensive coverage. |
| Cost | Moderately priced; depends on coverage | Usually less expensive. | More expensive due to broad coverage. |
| Protection against theft and damage | Covers theft and damage to your car. | Not covered. | Covered. |
| Protection from natural disasters | Covered. | Not covered. | Covered. |
| Add-on available | Add-ons available for enhanced coverage. | Limited or no add-ons. | Several add-ons available. |
| Ideal for | Add-ons available for enhanced coverage. | Limited or no add-ons. | Several add-ons available. |
| Ideal for | Good for new or expensive cars. | Required for legal compliance. | Best for comprehensive protection. |
What is Covered and Not Covered Under HDFC ERGO Own Damage Car Insurance?
Here are the things that are included (covered) and not included (not covered) in your HDFC ERGO Own Damage Car Insurance.
1What is Covered?
- Accidents: If your car is damaged in an accident or collision, the insurance will cover the repair costs.
- Fire & Explosions: If your car is damaged due to fire or an explosion, the insurance will pay for the loss.
- Theft: If your car is stolen, the insurance will compensate you for the loss.
- Natural & Man-Made Disasters: If your car is damaged by a flood, earthquake, riot, vandalism, or fire, the insurance will cover the damage.
2What is Not Covered?
- Intentional Damage or Theft: If you deliberately damage or steal your own car, the insurance will not pay for it.
- Car Depreciation: The decrease in your car's value over time is not covered unless you have a zero-depreciation add-on.
- Electrical & Mechanical Breakdown: If your car’s electrical or mechanical parts fail due to wear and tear (not an accident), it is not covered.
- Drunk Driving: If you are driving after drinking alcohol and your car gets damaged, the insurance will not cover the cost.
- Driving Without a License: If you are driving without a valid license and your car is damaged, the insurance will not pay for repairs.
- Driving Under the Influence of Drugs: If you are caught driving after using drugs and your car is damaged, the insurance will not provide any financial help.
How to Buy HDFC ERGO Own Damage Car Insurance From Square Insurance
Follow these simple steps to buy the insurance online:
1Visit the Website
Go to Square Insurance.
2Select Car Insurance
Click on "Car Insurance" under the "Insurance Products" menu.
3For New Cars
Click on "Got a New Car" if your car is new.
4For Old Cars
Enter your car’s registration number and click "View Plans".
5Enter Car Details
Fill in the details like RTO, make, model, variant, and registration year.
6Choose a Plan
Look at the available plans and select HDFC ERGO.
7Make Payment
Pay for the selected plan, and you will receive the policy by email.
FAQs
Yes, you can buy HDFC ERGO Own Damage Car Insurance separately even if your third-party insurance is from a different insurer. However, your car must have a valid third-party insurance policy before purchasing standalone own damage coverage.
If you sell your car, the existing Own Damage policy can either be transferred to the new owner or canceled. The new owner must update the policy with their details within a specified time.
NCB is a discount given on your premium if you don’t file any claims in a policy year. It starts at 20% and can go up to 50% over consecutive claim-free years. If you switch insurers, you can transfer your NCB to the new policy.
Yes, you can add extra covers like zero depreciation (full claim without value reduction) and engine protection to get more benefits.
Compare & Save Upto 90%. Get Car Insurance Starting at ₹2094/Year*
By clicking on You, Agreed to our Privacy Policy & Terms of use & *Disclaimer
Avarage Ratting
Insurance NewsCar Insurance Articles
What are CD number plates in India ?
We often see many vehicles on the road with number plates of different colours.
Read More
0007 Number Plate Price Guide 2025
You’re not the only one. Many people in India love to buy special number plates like “0007” because they look stylish and unique.
Read More
Fancy Number Plate In India
Have you ever seen a car with a number like 0001 or 7777 and wondered why it's so special? In India, number plates are more than just a way to identify a vehicle; they’re also a way to show off style, status, and even lucky numbers!
Read More
Red Light Jump Challan Fine In India 2025
The Social Security and Empowerment of Persons with Disabilities Department in Odisha launched a scheme for the benefit of elderly people. This scheme is called Madhubabu Pension Yojana, started on 1st January 2008.
Read More
How to Check Car Insurance Status Online
Car insurance gives you both financial and legal protection! To keep enjoying this safety without any trouble, make sure to check and renew your policy on time.
Read More