Explore our Commercial Vehicle Insurance Plans
Your robust machine commutes hundreds of passengers everyday. Secure it with HDFC ERGO and never let this journey halt.
When transporting hoard of goods across the country, any financial loss can interrupt the journey. For a smooth business, get the vehicle secured with HDFC ERGO.
The real heavyweights of commercial vehicles require extra care to stay committed to the roads. Do you provide that? We, at HDFC ERGO, do.
Secured Over 1 Crore+ Smiles!
All the support you need 24x7
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Awards
Secured Over 1 Crore+ Smiles
All the support you need-24x7
Catering customer needs
Transparency at its best
Awards
Commercial Insurance Comparision
| Third Party | Comprehensive | |
|---|---|---|
| Damage to a third-party vehicle | ||
| Own Damage | ||
| Theft | ||
| Damage due to fire | ||
| Damage due to natural causes | ||
| Personal Accident cover | Optional | Optional |
Frequently asked questions
Quite simply, it's a discount in the Own Damage Premium payable when renewing your policy after a claim-free year. It is an incentive for driving carefully and avoiding accidents.
| All types of Vehicles | % of Discount on Own Damage premium |
|---|---|
| No claim made or pending during the preceding full year of insurance | 20% |
| No claim made or pending during the preceding 2 consecutive years of insurance | 25% |
| No claim made or pending during the preceding 3 consecutive years of insurance | 35% |
| No claim made or pending during the preceding 4 consecutive years of insurance | 45% |
| No claim made or pending during the preceding 5 consecutive years of insurance | 50% |
The Insured’s Declared Value (IDV) of the vehicle will be deemed to be the ‘SUM INSURED’ and it will be fixed at the commencement of each policy period for each insured vehicle.
The IDV of the vehicle
is to be fixed on the basis of the manufacturer’s listed selling price of the brand and the model of the vehicle proposed for insurance at the commencement of insurance /renewal and adjusted for depreciation (as
per schedule specified below). The IDV of the side car(s) and / or accessories, if any, fitted to the vehicle but not included in the manufacturer’s listed selling price of the vehicle is also likewise to be fixed.
| AGE OF THE VEHICLE | % OF DEPRECIATION FOR FIXING IDV |
|---|---|
| Not exceeding 6 months | 5% |
| Exceeding 6 months but not exceeding 1 year | 15% |
| Exceeding 1 year but not exceeding 2 years | 20% |
| Exceeding 2 years but not exceeding 3 years | 30% |
| Exceeding 3 years but not exceeding 4 years | 40% |
| Exceeding 4 years but not exceeding 5 years | 50% |
Car Insurance 
Bike/Two Wheeler Insurance 
Health Insurance 
Pet Insurance
Travel Insurance 
Home Insurance 
Cyber Insurance 
Third Party Vehicle Ins. 
Tractor Insurance 
Goods Carrying Vehicle Ins. 
Passenger Carrying Vehicle Ins. 
Compulsory Personal Accident Insurance 
Travel Insurance 
Rural 
Critical illness Insurance 
