IFFCO TOKIO and HDFC ERGO are two of the most popular car insurance companies in India. The article highlights the key differences between these two companies, features, their pricing structure, service levels, and more importantly their target customers to help you choose which one is better for you.
Both IFFCO TOKIO vs HDFC ERGO Car Insurance Companies offers a wide range of cover options with a low premium, has a dedicated customer service team that helps customers get the best deal possible, and offer an easy claim process.
We explained in detail the difference between IFFCO Tokio insurance company and HDFC Ergo Car Insurance. The comparison will be done based on various factors such as claims, customer service, policy cost, and more.
IFFCO TOKIO Car Insurance
IFFCO TOKIO Car Insurance is one of the leading car insurance providers in Japan. The company has been providing customers with reliable insurance services since 1922. The company offers comprehensive coverage for both personal and commercial vehicles, along with a wide range of optional features, such as roadside assistance and comprehensive protection for rental cars.
IFFCO Tokio caters you the coverage against physical damage to your car, personal damage or injury, and third-party liability like personal injury or death and property damage. IFFCO TOKIO offers a comprehensive car insurance policy is the ideal plan for optimum protection of third-party liability, and personal liability, and is a popular add-on for easy claim settlement.
| Key Features |
Benefits |
| Premium |
Up to 70% savings |
| No Claim Bonus (NCB) |
Up to 50% discount |
| Claim Assistance |
24x7 claim assistance
|
| Easy Claims |
App based claim settlement
|
| Branch offices |
200+
|
| Claims Settled |
8.61 lakhs
|
HDFC ERGO Car Insurance
HDFC ERGO provides car insurance services in India with innovative features and a wide variety of policies. Additionally, they have offerings for all types of vehicles. HDFC ERGO offers third-party damage cover, personal liability cover, and accidental coverage to ensure all-around protection.
HDFC ERGO car insurance offers customer-centric solutions, providing competitive rates and excellent customer care. The company has an extensive network across the country, which makes it easy to compare rates and choose the best policy that suits you.
| Key Features |
Benefits |
| Premium |
Starts at Rs. 2072, or up to 70% off |
| No Claim Bonus (NCB) |
Up to 50% discount |
| Claim Assistance |
24x7 claim assistance
|
| Easy Claims |
Overnight repair service is also available for claims
|
| Branch offices |
165+
|
| Happy Customers |
#1.5Crore+
|
Comparison of IFFCO TOKIO Vs HDFC ERGO Car Insurance
| Parameters |
IFFCO TOKIO Car Insurance |
HDFC ERGO Car Insurance |
| Cashless Network Garages |
4300+ |
6800+ |
| Claim Settlement Ratio |
87.77%
|
79.21 %
|
| What is Covered? |
- Comprehensive Car Insurance Covers Accidents, Natural disasters, Manmade Calamities, fire, and Theft.
- Personal Accident Cover is covered up to Rs. 15 lakhs
- Third Party covers losses or damages to third party property or vehicle.
|
- Third party Car Insurance Covers Physical Injury, Death of an Individual, and Damage to the Property.
- Comprehensive Car Insurance covers accidents, Fire and Explosion, theft, Natural/manmade calamities, In-transits damage, and personal accidents cover.
|
| Additional Coverages & Discounts |
- Coverage for CNG/LPG fuel kit
- New Vehicle Replacement
- 24x7 roadside assistance
- No Claim Bonus
- Cashless claims at Network Hospitals.
|
- Get Instant Quotes
- Payment reminders
- Instant Coverage
- Quick issuance with minimal paperwork
- Seamlessness and transparency
- Prompt customer service
- Control over coverage.
|
| Types of Plans |
- Third Party Car Insurance
- Comprehensive Car Insurance
- Comprehensive Car Insurance with Zero depreciation Cover
|
- Comprehensive Car insurance
- Third party Car Insurance
- Standalone Own Damage Cover
- Private Car Bundle Policy
|
| Add-ons/Riders |
- Zero depreciation cover
- Engine Protection
- No Claim Bonus Protection
- Roadside Assistance
- Return to invoice
|
- No Claim bonus protection
- Zero depreciation cover
- Emergency Assistance Cover
- Return to Invoice
- Engine and gearbox protection
- Downtime Protection
|
More Coverages Comparison of HDFC ERGO Vs IFFCO TOKIO Car Insurance:
| Specifications |
HDFC ERGO |
IFFCO TOKIO |
| 24*7 Road Side Assistance |
Not Covered |
Covered |
| Engine Protection cover |
Optional |
Not covered |
| Key Replacement |
Not Covered
|
Not Covered |
| Max Personal Accident cover |
2,00,000
|
2,20,000 |
| ARAI Approved Anti-Theft Device |
Not Covered
|
Covered |
To protect the policyholder from unfortunate damages which make an adverse impact financially, it is better to be insured. Check all the features and benefits of HDFC ERGO vs IFFCO TOKIO before concluding the right insurance policy. Configure the premium with the benefits availed on HDFC ERGO vs IFFCO TOKIO, and compare car insurance quotes from top insurers online on PolicyBachat.
Confused Where to Compare and Buy your Car Insurance Policy Checkout Here:
Compare car insurance policy rates online in India with PolicyBachat and select the one that meets most of your financial expectations. You can easily get multiple car insurance quotes online from the best car insurance companies in India.
- Fill required details at the top of this page, and select your car model, RTO Location, registration date, and email address.
- Click on the START SAVING MONEY
- Premiums with different insurance companies are displayed with low premiums
- Select required add-ons/riders and discounts, or
- Even you can edit policy details
- After that fill in the vehicle owner details and owner details
- Purchase the best car insurance policy using online payment
- If any queries are raised call: 1800-123-4003.
Conclusion:
The HDFC ERGO is the best car insurance for people who have a very high risk of accidents. The cost of this insurance is more than the cost of the IFFCO TOKIO. The HDFC ERGO offers a comprehensive package, which includes medical and legal expenses, while the IFFCO TOKIO has only medical expenses. The HDFC ERGO also has a higher deductible than the IFFCO TOKIO and allows you to choose whether you want to pay monthly or yearly premiums.
Consider all the benefits, coverages, and discounts. Choose a car insurance policy according to your vehicle requirement. Now that you already know the difference between these two companies; start comparing the car insurance policies premiums of HDFC ERGO and IFFCO TOKIO car insurance above to select the best insurance company for your car.