COCODrive – An Innovative Car insurance Policy from COCO by DHFL General Insurance



Vehicle insurance is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a vehicle. It additionally offers financial protection against vehicle theft, and against events such as keying, weather or natural disasters, and damage sustained by colliding with stationary objects. Most people take four-wheeler insurance lightly, assuming they are safe drivers, and nothing will happen to them. However, figures show a different story. As per official figures, a whopping number of 1,48,000 people were killed in road accidents in 2017.

When you are on the road anything can happen and one cannot take responsibility for other drivers behind the wheel. An unfortunate accident can impact your expenses, if you don’t choose car insurance sensibly. Insurance products are designed to protect you from major financial implications rising from unfortunate incidents. All said and done people still refrain to take a car insurance. This can be due to multiple factors such as lack of confidence over claims, fewer product innovations, forced add-ons on policies, etc. COCODrive is one of the best all-inclusive four-wheeler insurance policy to address the above mentioned issues.

dhfl coco a la carte

COCO by DHFL General Insurance, a forerunner in InsureTech space, is taking insurance to a next level, using technologies like Artificial Intelligence and Machine Learning. It has just launched an innovative and customizable comprehensive Four Wheeler policy called COCODrive, where people can choose from as many as 19 add-ons services and customise their insurance policy. This policy lets the consumer opt for any coverage they require, depending on the type of car, age of car, and city of residence. COCODrive can be considered as Country’s first à la carte motor policy, where consumers have a wide choice of add-on covers, rather than having to buy a bundled product pushed at them, with features they may not need. To give an analogy, this policy allows you to select add-ons (like you would select dishes to eat in a restaurant) and only for those. This is a welcome disruption over the existing traditional insurance purchase models where there were pre-bundled insurance policies with add-ons you might not even need (just like a buffet in a restaurant where you pay for the whole package whether you want to eat most dishes or not). This clearly puts the power in the hands of the customers.

COCODrive also offers many non-standard add-ons such as Enhanced Owner Occupant and Paid Driver Personal Accident Cover, making it the only product in the market to offer an enhanced personal accident cover that can go up to 35 Lakhs.

COCO’s website is really simple and has communication that is extremely easy to understand – against the traditional insurance websites that are extremely complicated and filled with jargon. It also includes a chat feature where consumers can have a guided ecommerce buying experience.

Moreover, COCODrive offers add-ons such as Personal Accident Cover for owner-driver, as well as for paid drivers and named & unnamed occupants. One can also choose to opt for add-ons such as EMI Protector, Outstanding Loan Protector, which will help sort out one’s vehicle financing in case of any accidents during the loan period. With add-ons ranging from ‘New Car for Old Car’ and ‘Tyre Replacement’ to ‘Key & Lock Replacement’ and ‘NCB Secure’, customers can pick add-ons that are relevant for their individual motoring needs. Add-ons like ‘Personal Belonging Protector’, ‘Emergency Transport & Hotel Stay’ and Road Side Assistance are some of the best benefits that come in this policy.

The other products provided by DHFL General Insurance like COCORide, which is a customized two-wheeler policy, Group Health Insurance, Group Personal Accident Insurance, Group Critical Illness Insurance, Group Mediclaim Insurance, Standard Fire & Special Perils Insurance, Third Party Liability Insurance and Contractor All Risk Insurance. COCODrive also extends the cover in neighbouring countries such as Nepal, Bhutan, Pakistan, Bangladesh, Sri Lanka and Maldives. COCO’s motto of “Care More. Have More” is about giving people more of what they care for. Kindly log on to and choose the right policy that can be customized for your exact needs.

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