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IndusInd General Standalone Own-Damage Car Insurance protects the insured vehicle against eligible losses caused by accidents, collisions, fire, theft and specified natural or man-made events, subject to the policy wording. Unlike a comprehensive package policy, this standalone own-damage policy does not itself provide third-party liability protection. The vehicle must have a valid third-party insurance policy for the relevant period, which may be from the same insurer or another insurer, subject to applicable requirements. Premiums depend on factors such as the vehicle model and age, insured declared value (IDV), registration location, claim history, no-claim bonus, policy tenure and selected add-ons. Optional covers can extend protection for specified risks when available and purchased.
Protects your own car against covered damage; a separate active third-party policy is required
This policy can suit car owners whose third-party cover is already active but whose own-damage protection has expired or needs to be purchased separately. It can also be useful when the owner wants to select own-damage cover independently of the third-party insurer. Review the IDV, compulsory and voluntary deductibles, claim conditions, depreciation deductions and exclusions before buying. Add-ons such as nil depreciation, engine protection and consumables cover may be available subject to eligibility and the selected policy wording. Since own-damage premiums vary by vehicle and insurer, obtain a current quote using the actual car details. Ensure the third-party policy remains valid for the corresponding period.
IndusInd General
Key Insights
Founded
2000
IndusInd General was established 26 years ago and has built strong credibility over time, backed by its long-standing presence in the market.
Claims Experience
94.8% CSR, calculated as a 3-year average
IndusInd General settles 94.8% of all claims it receives.
Contact Details
1800-3009
Headquarters: 6th Floor, Oberoi Commerz, International Business Park, Oberoi Garden City, Off. Western Express Highway, Goregaon (East), Mumbai – 400063, Maharashtra, India
Covers eligible damage to the insured car resulting from covered accidents and collisions.
Claim settlement is subject to deductibles, depreciation and policy conditions.
Provides cover for eligible theft or total-loss claims based on the policy terms and applicable IDV.
Claim admissibility and settlement depend on policy conditions.
Covers eligible damage caused by insured fire-related events, explosion or self-ignition.
Refer to the current policy wording for conditions and exclusions.
Covers specified events such as floods, storms and earthquakes where included in the policy.
Coverage depends on the insured event and policy wording.
Provides cover for specified insured man-made events as defined in the policy wording.
Not every intentional act or unlawful event is covered.
May reduce depreciation deductions on eligible replaced parts during an admissible own-damage claim.
Subject to availability, eligibility, limits and add-on wording.
May cover specified engine-related losses, such as eligible damage from water ingress or oil leakage, as defined in the add-on.
Engine protection is not automatically included in the base policy.
Conditions or treatments that the policy clearly says it will not cover.
Insurer
IndusInd General plans and claim process
It covers eligible damage to your own car from insured events such as accidents, fire, theft and specified natural or man-made events, subject to policy terms.
Yes. A valid third-party policy must cover the corresponding period. It may be from the same insurer or another insurer, subject to applicable requirements.
No. Third-party liability is not included in the standalone own-damage policy and must be covered separately.
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 IndusInd General website before purchasing.
Official Website
indusindinsurance.com
Visit the official IndusInd General website for plan brochures, premium quotes and policy services.
The aforementioned ratios have been averaged over three years (FY24-FY26)
May cover eligible consumable items used during authorised repairs after an admissible claim.
Covered items, limits and exclusions depend on the add-on wording.
The premium depends on factors including vehicle model and age, IDV, location, claim history, no-claim bonus, tenure and selected add-ons.
These add-ons may be available subject to vehicle eligibility, availability, additional premium and the applicable add-on wording.
Eligible theft claims may be covered according to the policy terms, exclusions and insured declared value.