Anyone driving less than 10,000 km in a year can benefit up to 25% of their own damage premium, subject to the odometer reading, saod HDFC Ergo General Insurance.

“During the policy period, we want our customers to enjoy their drive rather than tracking their usage and get bothered with some time intruding top-up reminders. Even if customers drive beyond a certain limit, they will not be penalized for it and they will stay covered under their private car insurance policy” Parthanil Ghosh, President – Retail Business, HDFC ERGO General Insurance

Mumbai:

HDFC ERGO General Insurance on Wednesday has launched the ‘Pay As You Drive – Kilometre Benefit’ add-on cover for all its private car owners.

Anyone driving less than 10,000 km in a year can benefit up to 25% of their own damage premium, subject to the odometer reading, saod HDFC Ergo General Insurance.

Speaking about the launch of the ‘Pay As You Drive – Kilometre Benefit’, Parthanil Ghosh, President – Retail Business, HDFC ERGO General Insurance said, “The company has meticulously designed the customer onboarding journey to avoid any commitment pressure of maximum kilometers and stress of disclosure. During the policy period, we want our customers to enjoy their drive rather than tracking their usage and get bothered with some time intruding top-up reminders. Even if customers drive beyond a certain limit, they will not be penalized for it and they will stay covered under their private car insurance policy. ”

“In addition, at the expiry of the policy period, the customer subject to providing distance traveled, has the flexibility to claim the benefit irrespective of their decision to renew or not to renew their policy with us. In case the customer renews the policy with us, the company will provide an additional 5% discount, for all claim-free policies,” he said.

In the aftermath of the pandemic, many people do not drive frequently, however, they still have to pay the same premium as a person with high vehicle usage. The ‘Pay As You Drive – Kilometre Benefit’ feature will help those insured customers who prefer not to drive as much or own multiple cars, some of which are used less frequently than others.