Choosing Car Insurance: HDFC ERGO vs. ICICI Lombard

Unexpected events can lead to car accidents. Only sufficient auto insurance can shield the driver or owner from a variety of financial risks when they occur. Nevertheless, the decisions made by policyholders when buying their auto insurance restrict its efficacy.

It could seem overwhelming to pick just one auto insurance company in India because there is such a wide range of them, each with unique advantages. In order to help those looking for auto insurance choose the best plan for their needs, this article will evaluate two widely used products in the country: HDFC ERGO Car Insurance and ICICI Lombard Car Insurance.

Are you torn between HDFC ERGO and ICICI Lombard for your car insurance? Let’s simplify the comparison to help you make an informed decision. We’ll break down the key aspects and use user-friendly language for our Indian readers.

Parameters HDFC ERGO Car Insurance ICICI Lombard Car Insurance
Cashless Garages 6400+ 6100+
Incurred Claim Ratio (Specifically For Motor Claims) 74.66% (FY 2021-22) 70.88% (FY 2021-22)
Number Of Add-Ons 9+ 5+
No Claim Bonus Up To 50% Up To 50%
Personal Accident Cover Available Available
Third-Party Liabilities Covered Covered
Car Insurance Premium Starts @ Rs. 2094/Year Rs. 2094/Year
Mobile App Support Available Available
Pay As You Drive Benefit Available As An Add-On Available As An Add-On
Natural Calamities Covered Covered
Man-Made Calamities Covered Covered

HDFC ERGO Car Insurance

HDFC ERGO is a top-notch insurance company in India, offering a range of policies for different vehicles. Here’s why it stands out:

HDFC ERGO Car Insurance: Why Choose?

  • Affordable: HDFC ERGO is easy on your pocket.
  • Cashless Repair: Enjoy cashless repairs at network garages.
  • Large Customer Base: Over 1.5 crore happy customers.
  • Quick Fixes: Overnight repair services for minor damages.

Key Benefits & Features:

  • Third-Party Damages: Covers personal accidents, third-party injuries, and property damages.
  • Wide Protection: Includes accidents, fire, theft, and calamities.
  • No Claim Bonus: Offers up to 50% NCB.
  • Personal Accident Cover: Protects you up to Rs. 15 lakhs.
  • Comprehensive Coverage: Covers accidents, natural/man-made disasters, in-transit damages, fire, explosion, theft, and personal accidents.

Quick Stats:

  • Claim Settlement Ratio: 79.21%
  • Cashless Garages: 6800+
  • Solvency Ratio: 1.90
  • Branches: 200+
  • Claims Settled: 1 Crore

ICICI Lombard Car Insurance

Formerly known as Bharti AXA, ICICI Lombard is a leading car insurance provider in India, offering cost-effective plans with quality coverage.

ICICI Lombard Car Insurance: Reasons to Consider

  • Proven Track Record: Over 9.8 million policies issued.
  • Efficient Claim Settlement: 1.5 million claims settled.
  • Global Support: 24×7 worldwide support.
  • Instant Solutions: Quick claim settlements via InstaSpect.

Highlighted Features:

  • Personal Accident Cover: Up to Rs. 15 lakh.
  • Owner-Driver Coverage: Personal accident coverage for the owner-driver.
  • Disaster Protection: Protects against earthquakes, floods, fires, and storms.
  • Cost-Effective: Affordable plans with comprehensive coverage.
  • No Claim Bonus: Covers up to 50%.

Quick Facts:

  • Accessibility: Online through metassure & ICICI Lombard Website.
  • Policy Types: Private Car Package, Stand-alone Own-damage, Third Party, and more.

Comparison Highlights

Though there are many features and benefits of car insurance from HDFC Ergo, some of them are worthy of discussion and mentioned below:

Budget-Friendly Premiums:

There is no denying the fact that HDFC Ergo offers maximum coverage and benefits at affordable premiums. The official website of the insurance provider itself claims that the premium amount of its car insurance starts at just Rs. 2094 per year. To know more about how much the car insurance by HDFC Ergo costs you, kindly use the insurer’s premium calculator.

Doorstep Windshield Repairs:

Whenever the insured car’s windshield gets damaged, HDFC Ergo Car Insurance will offer emergency doorstep windshield repair solutions. It will not only help the car owners/drivers in saving their time but will also offer convenience right in the comfort of their homes.

Claim Settlement Process:

  • ICICI Lombard: 24×7 Claim Assistance.
  • HDFC ERGO: Quick and Easy Claim Settlement Process.

Policy Types:

  • ICICI Lombard: Private Car Package, Stand-alone Own-damage, Third Party.
  • HDFC ERGO: Comprehensive Car Insurance, Third Party, Standalone Own Damage, Private Car Bundle Policy.


  • ICICI Lombard: Depreciation cover, Consumable cover, Roadside assistance, and more.
  • HDFC ERGO: Zero Depreciation cover, No Claim Bonus Protection, Emergency Assistance Cover, and more.

Additional Benefits:

  • ICICI Lombard: Quick policy purchase, 24×7 claim assistance, Cashless claim settlement, Touchless policy issuance.
  • HDFC ERGO: Instant Quotes, Payment Reminders, Zero paperwork, 24×7 customer service.


  • ICICI Lombard: Online through metassure & Bharti AXA (ICICI Lombard) Website.
  • HDFC ERGO: Online through metassure & HDFC ERGO Website.


With metassure’s assistance, comparing and selecting between HDFC ERGO and ICICI Lombard becomes straightforward. Evaluate quotes, premiums, and coverage to make an informed decision based on your budget and requirements. Purchasing car insurance has never been this simple!

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