Can I buy own-damage cover separately?

A standalone own-damage policy may be available subject to eligibility and the required valid third-party cover.

HDFC ERGO Third-Party Car Insurance: Cover & Premium

Q: How is the premium calculated?

The applicable premium depends on vehicle category and the relevant tariff or regulatory rules. Check the current insurer quote.

HDFC ERGO Third-Party Car Insurance: Cover & Premium

Third-Party Car Insurance Overview

HDFC ERGO Third-Party Car Insurance provides protection against covered legal liability arising from third-party injury, death or property damage involving the insured vehicle. It is designed to meet India’s mandatory third-party motor insurance requirement. This policy does not cover damage to the insured car itself.

Liability protection for covered third-party claims

Expert Review of Third-Party Car Insurance

Third-party-only insurance is generally a lower-cost option for owners who need liability protection but do not want an own-damage policy. It will not pay for repairs to your own vehicle after an accident or for its theft. Check the applicable premium, liability limits, exclusions and policy wording before purchasing.

Pros

Provides mandatory third-party liability protection.
Usually costs less than a comprehensive policy because own-damage cover is excluded.
Covers eligible third-party liability claims under the policy and applicable law.

Cons

Does not pay for repairs to your own car after an accident.
Does not cover theft or own-vehicle damage.
Does not provide comprehensive protection against risks to your own vehicle.

About HDFC ERGO (Insurer Profile)

HDFC ERGO

Key Insights

Founded

2002

HDFC ERGO was established 24 years ago and has built strong credibility over time, backed by its long-standing presence in the market.

Claims Experience

98.5% CSR, calculated as a 3-year average

HDFC ERGO settles 98.5% of all claims it receives, demonstrating strong credibility.

Contact Details

1800-2677-444

Headquarters: 6th Floor, Leela Business Park, Andheri - Kurla Rd, Marol, Andheri East, Mumbai, Maharashtra – 400059

Third-Party Car Insurance Features and Benefits

Third-party bodily injury

Covers eligible legal liability for third-party bodily injury, subject to policy terms and applicable law.

Claim assessment and legal conditions apply.

Third-party death liability

Provides cover for eligible third-party death liability arising from an insured incident.

Subject to applicable law and policy terms.

Third-party property damage

Covers eligible liability for damage to third-party property within applicable limits.

Check the policy wording for limits.

Mandatory insurance compliance

Helps meet the legal requirement to maintain third-party motor insurance for use of the vehicle.

Maintain valid policy documents.

Own car damage

Damage to the insured car is not covered under a standalone third-party policy.

Consider a separate own-damage policy if needed.

Vehicle theft

Theft of the insured vehicle is not covered by third-party-only insurance.

Own-damage cover is needed for eligible theft claims.

What Third-Party Car Insurance Does Not Cover (Exclusions)

Conditions or treatments that the policy clearly says it will not cover.

Damage to the insured vehicle itself is outside third-party-only cover.
Claims outside the insured third-party liability and applicable legal scope are not covered.
Policy breaches and exclusions specified in the issued policy may affect claim admissibility.

Disclaimer: For illustration purposes only - exact terms are in the policy wording.

What's missing in Third-Party Car Insurance

Own-damage protection must be arranged separately if required.
Theft protection for your own car is not included.
Own-vehicle accident repairs and many optional own-damage add-ons are not included.

Insurer

HDFC ERGO plans and claim process

Third-Party Car Insurance FAQs

What does third-party car insurance cover?

It covers eligible legal liability for third-party injury, death and property damage, subject to policy terms and applicable law.

Does third-party insurance cover my own car?

No. Damage to your own car and its theft are not covered by third-party-only insurance.

Is third-party car insurance mandatory in India?

A valid third-party motor insurance policy is generally legally required for a car used on public roads in India.

How is the premium calculated?

Disclaimer: Premium amounts are indicative and may vary based on age, health, and plan selected. Claim settlement ratios are from IRDAI Annual Reports. Finzony is not an insurance broker or agent. Verify all details on the official HDFC ERGO website before purchasing.