HDFC ERGO Vs ICICI Lombard Car Insurance Comparison 2024

Updated On: 2023-04-17

Author : Team Policybachat

HDFC ERGO Car Insurance vs ICICI Lombard Car Insurance comparison is a comparison of two leading insurance companies in India. They have been in the industry for over a decade and they offer a wide range of products. These two companies are often compared because they have similar offerings and prices.

However, some key differences make them stand out from each other.  This article will help you decide which insurance company to go with, explains the pros and cons of both policies, and how they compare with each other.

Compare car insurance quotes and choose the best car insurance company in India. Choose a best car insurance company to secure from any mishap/theft, losses or damages, natural disasters, manmade calamities, and personal accident cover. Get your car insurance policy online for easy claim settlement and policy renewal.

PolicyBachat cater you the best car insurance companies in India for hassle-free claim settlement, easy comparisons, and lot more. Compare ICICI Lombard vs HDFC ERGO Car Insurance Company that has a reliable claim settlement ratio in less time period.

HDFC ERGO Car Insurance

HDFC ERGO Car Insurance is a leading insurance company in India. It provides best car insurance for its customers with innovative features and offers a wide range of policies for different types of vehicles. HDFC ERGO offers third-party damage cover, personal liability cover, and accidental coverage to ensure all-around protection.

Also with customer-centric solutions, HDFC ERGO Car Insurance helps you get the best out of your driving experience. The company has an extensive network across the country, which makes it easy to compare rates and choose the best policy that suits you.

Why Buy HDFC ERGO Car Insurance?

  • Easy on your pocket
  • Cashless Assistance
  • With over 1.5 crore+ happy customers
  • Overnight Repair Services for minor accidental damages or breakdowns.

Benefits & Features:

  • Third Party Damages: It covers personal accidents, third party injuries, and property damages
  • Own Damage Covers: It Covers accidents, fire & explosion, theft, and calamities
  • No Claim Bonus: The No Claim Bonus (NCB) is covers up to 50%.
  • Personal Accident Cover: It covers you up to Rs. 15 lakhs.
  • Comprehensive Car Insurance: It covers you against accidents, natural/manmade disasters, In-transit damages, fire and explosion, theft, and personal accident cover.
Key Points HDFC ERGO Car Insurance ICICI Lombard Car Insurance
Claim settlement ratio 79.21 76.53
Cashless Garages 6800+ 9700+
Solvency Ratio 1.90 1.59
Branches 200+ 165+
Claims Settled 1 Crore 1.5 Million

ICICI Lombard (Bharti AXA) Car Insurance

Bharti Axa as know ICICI Lombard Car Insurance is a leading Indian car insurance company that offers low-cost, quality insurance to its customers. ICICI Lombard Car Insurance provides a range of car insurance plans for both personal and commercial vehicles. The company also offers roadside assistance, and accident and theft cover.

ICICI Lombard Car Insurance is one of the Top providers of car insurance in India with over one million customers across the country. It also offers a range of other features like accident forgiveness and free legal assistance and more.

Why Buy ICICI Lombard Car Insurance?

  • Over 9.8 million Policies Issued
  • 1.5 million Claims been settled
  • 24x7 worldwide assistance
  • Instant claim settlement via InstaSpect.

Benefits & Features:

  • Personal Accident Cover: It covers up to Rs. 15 lakh
  • Owner-Driver: Provides personal accident coverage for owner driver
  • Coverage for natural disasters like earthquakes, floods, fires, and storms
  • Affordable premiums and Easy Renewals
  • Coverage for theft, accidents, and terrorist activities
  • No claim Bonus covers up to 50%.

Comparison of ICICI Lombard Car Insurance vs HDFC ERGO Car Insurance

Compare ICICI Lombard Car Insurance HDFC ERGO Car Insurance
Claim Settlement Process 24x7 Claim Assistance Process Quick and Easy Claim Settlement Process
Types of Policies
  • Private Car Package policy
  • Stand-alone Own-damage
  • Third Party Car Insurance
  • Comprehensive Car Insurance
  • Third Party Car Insurance
  • Standalone Own Damage Cover
  • Private Car Bundle Policy.
  • Depreciation cover
  • Consumable cover
  • Roadside assistance
  • Key replacement cover
  • Engine & Gearbox Cover
  • Personal Accident Cover for Co-passenger
  • Ambulance charges
  • Invoice Price Cover
  • Hospital Cash
  • Medical Expenses.
  • Zero Depreciation cover
  • No Claim Bonus Protection
  • Emergency Assistance Cover
  • Downtime protection
  • Engine and gear box protection
  • Return to Invoice.
Additional Benefits
  • Quick policy purchase online
  • 24x7 claim assistance
  • Cashless claim settlement at network garages
  • Touchless policy issuance
  • No break in coverage
  • Get Instant Quotes
  • Payment Reminders
  • Instant Coverage
  • Quick Issuance
  • Zero paperwork
  • Convenience
  • Control over coverages
  • 24x7 customer service
Accessibility Online through PolicyBachat & Bharti AXA (ICICI Lombard) Website. Online through PolicyBachat & HDFC ERGO Website.


However, buying car insurance is easy know by reading article. Still you are in dilemma of which car insurance company to go. This decision has become much easier with the help of PolicyBachat. To buy the best car insurance policy between HDFC ERGO vs ICICI Lombard Car Insurance, Compare car insurance quotes to both the companies check out the premiums with coverages.

Select the car insurance company which has all the features and benefits that you are looking for. In order to make a better decision, you should make sure to know all the required information above and go for the one which gives best coverages at good prices.

Start Saving Money on Insurance Policy

Compare Life, Health, Car and Two wheeler Insurance rates from top Insurance companies for free.

1,000+ Reviews
Been Here Before?
Get Back to My Quotes

Leave a rating!

4.0 (1 votes)

Please wait while your request is being processed.