Quickinsure – Why Health Insurance Policies Include Subrogation
Quickinsure outlines why *subrogation in insurance* is included as a clause in many health insurance and other general insurance policies. When the insurer pays a claim, like for hospitalization or treatment, they then have the right to pursue the third party legally responsible. This prevents unjust enrichment—so you can’t get paid twice for the same loss. For health insurance claims, this means your insurer takes up the fight behind the scenes. Quickinsure also explains waivers of subrogation and when subrogation rights might be waived by agreement.

HDFC ERGO Health Insurance – Alternative & Home Health Cover
HDFC ERGO health insurance includes coverage for treatments like Ayurveda, Homeopathy, Unani, and Siddha. It also allows doctor-prescribed home healthcare when you can’t visit the hospital. These features make it more inclusive and accessible for policyholders. Health coverage goes beyond hospitals—it comes to your home too.

New India Mediclaim Policy – Comprehensive Individual Health Insurance by New India Assurance
New India Mediclaim Policy from New India Assurance offers robust health insurance coverage for individuals aged 18–65 and their dependents (3 months up to 25 years), with sum insured options up to ₹15 lakh. The plan includes coverage for Ayurvedic, Homeopathic, and Unani (AHU) treatments up to 25% of the sum insured, alongside 139 daycare procedures and periodic health check-ups after every three claim-free years. With a 48-month waiting period on pre-existing conditions and optional co-payment discounts, New India Mediclaim Policy balances affordability and features. This health insurance is backed by the credibility of the largest government-backed general insurer in India.

Star Health Young Star Insurance – Rewarding Health Insurance with Bonuses
Star Health Young Star Insurance by Star Health enhances your health insurance experience with valuable bonuses and benefits. For every year you remain claim-free, you receive a cumulative bonus of 20% of the basic sum insured, up to a maximum of 100%. The policy also automatically restores your sum insured fully upon claim usage. With both Silver and Gold plans available, you can choose coverage ranging from ₹3 lakh to ₹1 crore. Complete with cashless hospitalization and wellness-driven discounts, Star Health Young Star Insurance makes staying healthy financially rewarding.

Quickinsure Reveals: Save More on Premiums with HDFC ERGO Own-Damage Add-ons & No-Claim Bonus

When it comes to safeguarding your bike, HDFC ERGO Standalone Own-Damage Bike Insurance is one of the most trusted choices in India. Unlike third-party insurance, which is mandatory by law but limited in coverage, the own-damage policy protects your vehicle from risks like accidents, theft, fire, and natural calamities.
However, many riders often wonder: “How can I reduce my premium without compromising on coverage?” The answer lies in smart planning with add-on covers and the No-Claim Bonus (NC . At Quickinsure, we help bike owners explore these money-saving options while still enjoying robust protection.
This article dives deep into how HDFC ERGO Own-Damage Add-ons and No-Claim Bonus benefits work together to maximize savings on your two-wheeler insurance premiums.
Why HDFC ERGO Standalone Own-Damage Policy Matters
Before we explore savings, let’s understand the policy’s role:
Coverage beyond mandatory third-party insurance – It protects your bike against damage.
Wide protection scope – Fire, theft, natural calamities (flood, earthquake, cyclone), and man-made incidents (vandalism, riots).
Financial cushion – Helps avoid high out-of-pocket expenses in case of accidents.
Customizable with add-ons – Flexibility to enhance your coverage.
👉 In short, this policy ensures that you don’t just follow the law but also protect your financial stability.
What are the Add-On Covers in HDFC ERGO Own-Damage Bike Insurance?

Add-ons are optional covers you can purchase at a small additional cost. They enhance the scope of your insurance by protecting against specific risks not covered under the standard own-damage plan.
Popular Add-Ons You Should Consider
• Zero Depreciation Cover (Nil Depreciation)
o Ensures full claim settlement without factoring in depreciation of bike parts.
o Best for new bikes or high-end models.
• Return-to-Invoice (RTI) Cover
o If your bike is stolen or total loss occurs, you get the original invoice value, not just the depreciated value.
o Helpful for expensive or recently purchased bikes.
• Engine Protect Cover
o Covers engine damage caused by water ingression or oil leakage (not usually covered in standard insurance).
o Essential for areas prone to floods.
• Consumables Cover
o Covers the cost of nuts, bolts, engine oil, and other small items not usually covered.
o Prevents minor repair costs from digging into your pocket.
• Roadside Assistance Cover
o 24x7 help for flat tires, towing, battery jump-start, and emergency fuel supply.
o Perfect for long-distance riders and daily commuters.
• No-Claim Bonus Protection
o Allows you to retain your NCB discount even after making a small claim.
o Best for those who want to keep long-term premium savings intact.
• Key Protect Cover
o Covers expenses related to lost or damaged bike keys.

How Add-Ons Help You Save on Premiums
While add-ons do increase your premium slightly, they save you big money during claims. For example:
• A Zero Depreciation add-on could cost a few hundred rupees, but it saves thousands during repairs since no depreciation is deducted.
• Engine Protect prevents costly engine replacement bills that could run into tens of thousands.
• NCB Protection secures long-term savings by ensuring your No-Claim Bonus continues.
👉 Think of add-ons as small investments for big savings.

What Is No-Claim Bonus (NC in HDFC ERGO Bike Insurance?
No-Claim Bonus is a reward you get from the insurer for not making any claims during your policy term. It reduces your premium at renewal time.
How NCB Works
• After 1 claim-free year → 20% discount on premium.
• After 2 claim-free years → 25% discount.
• After 3 claim-free years → 35% discount.
• After 4 claim-free years → 45% discount.
• After 5 claim-free years → 50% discount (maximum limit).
👉 Example: If your annual own-damage premium is ₹4,000, after 5 claim-free years, it could drop to just ₹2,000 with NCB.

Smart Ways to Save More on Premiums with Quickinsure
Here’s how you can combine HDFC ERGO add-ons and NCB benefits to reduce costs:
1. Use NCB Protection Add-On
• Keep your NCB intact even if you make a small claim.
• This ensures long-term discounts are not lost.
2. Opt for Multi-Year Policy
• HDFC ERGO offers multi-year bike insurance.
• Lock in lower premiums and avoid annual hikes.
3. Choose Add-Ons Wisely
• Pick only those add-ons that suit your riding style.
o Example: If you live in a flood-prone city → Get Engine Protect.
o If you use a new premium bike → Go for Zero Depreciation + RTI.
4. Install Safety Devices
• Anti-theft devices approved by ARAI can lower your premium.
5. Avoid Small Claims
• Pay for minor damages out-of-pocket.
• Helps you keep your NCB intact for bigger savings later.
6. Use Quickinsure Online Renewal
• Quickinsure compares plans instantly and applies all available discounts.
• Hassle-free renewals at the best possible rates.

Quickinsure Advantages for HDFC ERGO Bike Insurance
When you buy or renew your HDFC ERGO Standalone Own-Damage Policy via Quickinsure, you get:
• Instant comparison of multiple insurers.
• Transparent premium breakdown with NCB discounts highlighted.
• Add-on customization – Choose what you need, skip what you don’t.
• Fast digital policy issuance – No paperwork, policy delivered instantly.
• Expert claims support – Guidance during claim settlement to ensure maximum benefit.

Example Case Study: How Add-Ons + NCB Save Money
Let’s take an example of Rahul, a bike owner in Mumbai.
• Base own-damage premium: ₹5,000
• Selected Add-ons: Zero Depreciation (₹80, Engine Protect (₹50, NCB Protection (₹40 → Total Add-ons = ₹1,700
• Total premium with add-ons: ₹6,700
Now, Rahul avoids claims for 3 years. His NCB = 35% → Discount of ₹2,345 on premium.
So, his renewal premium reduces significantly, and during floods, his Engine Protect add-on saved him ₹18,000 in repair costs.
👉 Net result: Huge savings in both premiums and claim expenses.

FAQs on HDFC ERGO Own-Damage Add-Ons & NCB
Q1: Can I buy add-ons later after purchasing the policy?
• Most add-ons can only be added during policy purchase or renewal.
Q2: What happens to NCB if I switch insurer?
• NCB is transferable across insurers, including when you move via Quickinsure.
Q3: Is NCB applicable on third-party policy?
• No, it is only applicable on own-damage or comprehensive policies.
Q4: Can I retain NCB if I sell my bike?
• Yes, NCB belongs to the policyholder, not the vehicle. You can transfer it to your new bike policy.
Q5: Which add-ons are most popular for HDFC ERGO bike insurance?
• Zero Depreciation, NCB Protection, and Roadside Assistance are the top choices.

Final Thoughts
HDFC ERGO Standalone Own-Damage Bike Insurance offers robust protection, but the real savings come when you strategically use add-ons and NCB benefits.
With Quickinsure, you not only get guidance on choosing the right mix but also ensure that your premiums stay low while coverage remains high.