ACKO offers car insurance
With ACKO's online vehicle insurance coverage, you may save money, comply with the law, and avoid headaches.
Keep yourself safe.
Car insurance, often known as auto or motor insurance, is a cost-effective solution to safeguard your vehicle from unanticipated hazards including accidents, theft, fire, natural catastrophes, or third-party liability.
Legally Driven
When driving a car in India, you are required by law to have valid third-party auto insurance. Car insurance is a must if you want to protect yourself from the financial losses that come with road accidents.
Simply said,
ACKO makes car insurance simple. Coverage options, add-ons, and premium savings are all available through ACKO. Enjoy our door-to-door pick-up, repair, and drop services during claims.
On ACKO, there are several different types of car
insurance policies.
Are you looking to purchase a car insurance policy? ACKO offers a variety of car insurance products to meet your specific requirements.
Coverage from a third party insurance
While driving a car in India, you must have third-party car insurance. It shields you from financial repercussions if you cause damage to someone else's vehicle or property, or if you injure someone in an accident.
Third-party Liability is covered by own damage. If your automobile is damaged due to theft, fire, natural catastrophes, or other factors, your car insurance will not cover you. In order to do so, you must get both Own Damage Insurance and Third-Party Car Insurance.
Basic - Comprehensive
Comprehensive automobile insurance protects you not only from third-party liability, but also from damages or losses to your own vehicle caused by accidents, theft, flooding, fire, and other events. To provide maximum coverage for your vehicle, it is recommended that you purchase a comprehensive policy.
Super Saver - All-Inclusive
ACKO is the only place to get it. Enjoy the benefits of Comprehensive Cover as well as a superior claim experience. During a claim, ACKO will pick up your vehicle, fix it at one of our partner garages, and give it back to you at no additional charge. The only catch is that if you fail to notify ACKO prior to any claim-related repairs, you will be required to pay a deductible of Rs. 5,000.
Zero Depreciation - This is the most basic type of depreciation.
The bumper to bumper plan, also known as the comprehensive-basic plan, provides all of the benefits of the Comprehensive-Basic plan plus the expense of components depreciation. Only a portion of the expenses of specific elements, such as fibre and plastic parts, are covered without Zero Depreciation benefits.
Exclusive to ACKO, Zero Depreciation - Smart Saver. It offers all of the advantages. Zero Depreciation - Basic is available at a reduced price. The only caveat is that we pay for everything during a claim, and you only have to pay a deductible of $5,000 (over and above IRDAI/Government imposed rates). This provides immediate savings to safe drivers who believe their odds of submitting a claim are low.
Exclusive to ACKO, Zero Depreciation - Super Saver. Benefit from Comprehensive Coverage and Zero Depreciation (see more below) as well as a superior claim experience. During a claim, ACKO will pick up your vehicle, fix it at one of our partner garages, and give it back to you at no additional charge. The only catch is that if you fail to notify ACKO prior to any claim-related repairs, you will be required to pay a deductible of Rs. 5,000.
Accident Insurance for Individuals
Personal Accident Cover is an add-on to your car insurance policy, not a separate policy. It is required by law to have both a Personal Accident Plan and a Third-Party Insurance Plan. It covers both permanent disability and death caused by a car accident.
Add-ons with ACKO Car Insurance Policy
You can add any of these add-ons to your auto insurance coverage to protect your vehicle. While purchasing or renewing your policy, they provide additional coverage for an additional fee beyond your base policy.
Coverage for Zero Depreciation
The value of your car depreciates over time due to wear and strain on car parts. The insurance company only pays the depreciated value during claims, not the full value. Zero Depreciation Add-on cover, which is best suited for new automobiles, lets you avoid depreciation cuts and get the full value of car repairs.
Coverage for Roadside Assistance
One of the most terrifying scenarios for any driver is being left on the road with a car that won't start. With the Roadside Assistance add-on, you'll have access to emergency roadside assistance 24 hours a day, seven days a week, including towing services in the event of a car breakdown.
Key Cover Replacement
Car keys are not inexpensive, and they might cost up to Rs. 10,000. With Key Replacement Cover, you may save money on the costs of replacing a lost, stolen, or damaged key, as well as a lock replacement if necessary.
Coverage for Emergency Situations While Traveling
During the policy time, Outstation Emergency Cover protects you from accidents/breakdowns that occur outside of a 100-kilometer radius of your home. In addition, if the repair duration exceeds 12 hours, you will be reimbursed Rs. 2,500.
Coverage for Consumables
Engine oil, gearbox oil, lubricants, nuts and bolts, screws, and other components are not covered during claims. The Consumables Cover add-on protects you from the costs of these products if you are involved in an accident. The good news is that, with the exception of the Third-Party Plan, all of ACKO's plans provide this coverage at no additional expense.
Cover for Engine Protection
The engine, which is one of the most expensive sections of the car, can be damaged by flooding or not using it for a long time. Damage to your automobile's engine is not covered by car insurance. The Engine Protection add-on cover, on the other hand, protects you from financial losses caused by damage to your car's engine.
No-Claim Bonus Insurance
You forfeit the No Claim Bonus (NCB) discount if you file a claim for your car's damages. Even if you make a claim, the NCB Protection add-on protection preserves your discount. With this add-on, you can file a claim while still receiving a 50% NCB discount.
Back to the Invoice Cover
In the event of theft or irreparable damage, Return to Invoice Cover comes to your rescue. With the Return to Invoice add-on insurance, you can collect the full amount based on the invoice value of the vehicle. This sum also covers the cost of automobile registration and road tax.
Passengers' Personal Accident Insurance
Personal Accident Cover for Passengers provides an added layer of protection for your loved ones. It helps you to safeguard your loved ones in the event of an accident that results in permanent impairment or death. You can acquire coverage of up to Rs. 1 lakh per passenger under this.
Top 3 Reasons to Choose ACKO for Car Insurance
We understand that you want to compare Car Insurance policies to find one that is affordable, simple to use, and provides adequate coverage. That is precisely why you should choose ACKO!
Incredibly Low Premiums
We don't have to pay commissions to agents when you buy directly from ACKO. These savings are passed on to you in the form of cheap premium rates.
Super Easy Claims
Paperless door-to-door claims are provided by ACKO. Give us a call, and we'll come pick up your car, repair it, and return it to you within three working days.
Unique Plans & Discounts
ACKO offers one-of-a-kind plans that are tailored to your specific requirements. They can't be found anywhere else. Our customers can also take advantage of personalised offers.
Car Insurance FAQs
You may have questions for ACKO.
Q1. What documents are required to purchase a car insurance policy through ACKO online?
We despise paperwork just as much as you. As a result, you will not be required to present physical documents and will be able to purchase a car insurance coverage from ACKO at the touch of a button.
Q2. Why should I buy or renew my auto insurance with ACKO?
Top reasons to get or renew your auto insurance with ACKO
You might have a few questions concerning car insurance.
Q1: What is Automobile Insurance?
Accidents, thefts, fire, natural catastrophes, or third-party obligations can all result in financial losses if you don't have automobile insurance.
The insurer (in this case, ACKO) will pay for the car damages according to the policy's terms and conditions in exchange for a premium. Purchasing auto insurance also helps you comply with the law, as it is a legal necessity in India to insure your vehicle.
Q2. What does the term IDV mean in the context of car insurance?
Insured Declared Value (IDV) is an acronym for Insured Declared Value. This is the most accurate estimate of your car's current market worth. The IDV is significant since it is the amount you will receive if your automobile is stolen or totaled.
This assumes your automobile is covered by an Own Damage / Comprehensive Car Insurance policy. In the case of a Third Party Car Insurance Policy, the IDV is not valid.
Q3. How can I find out if a car insurance policy is available?
By scrolling up to the top of this page and using the premium calculator, you can see if a car insurance coverage is available for your automobile on ACKO. If you are unable to locate the appropriate insurance for your call, please contact us at hello@acko.com and we will assist you.
Q5. What is the number on my car insurance policy?
In your policy document, you'll find your auto insurance policy number. You can locate it by looking over your policy document. If you have trouble finding it, please contact us and we will assist you.
Know More about Claims
Q1. What does the term NCB mean in the context of car insurance?
In the world of car insurance, NCB stands for No Claim Bonus. If you have not filed a claim during the preceding policy period, you will receive a discount on your auto insurance renewal. It can be considered as a prize for not filing a claim and driving safely.
Q2. How do I find out if my car insurance policy is active or not?
You may check the status of your car insurance by looking over your Policy Document. Between the policy start date and the policy expiry date, your automobile insurance policy is active. Your Policy Document mentions both of these dates. To avoid fines and you keep your auto insurance policy active, make sure to renew it before it expires.
Q3. What does the Zero Depreciation Add-on in car insurance imply?
A Zero Depreciation Add-on is additional coverage that you may acquire for a fee. You may prevent depreciation cutbacks and get the full value with this add-on.
Q4. What does it mean to have a Deductible?
A deductible is the amount of money you'll have to pay out of pocket when filing a claim. The insurance company will take care of everything.The insurance company will bear the rest of the approved amount.Deductibles are divided into two categories: mandatory and voluntary. You will be required to pay a deductible on each claim under Compulsory Deductible. In the case of Voluntary Deductible, you can opt to contribute a specified sum (over and above the Compulsory Deductible) in the event of a claim settlement. Choosing a Voluntary Deductible can help you save money on vehicle insurance.
Q5. What does it mean to be excluded?
In an automobile insurance policy, an exclusion indicates that the situation described in the exclusion clause is not covered by the policy. As a result, if you file a claim for a condition that is listed as an exclusion, we will reject your claim.
Q6. What happens if my car seats six people but is carrying nine people and gets into an accident? Is my insurance carrier responsible for a claim payment?
From one insurer to the next, the list of inclusions and exclusions may differ. The insurance provider may compensate you if the damages are covered by the policy and you are operating the automobile legally. However, it is recommended that you read your policy or consult with your insurance.
Know More about Policy Purchase & Renewals
Q1. What is the procedure for renewing a car insurance policy online?
The procedure for purchasing and renewing a new vehicle insurance coverage is comparable. By going to the top of the page and utilising the premium calculator widget/tool, you can renew your auto insurance.
Q2. What should you remember when renewing or purchasing a car insurance policy online?
Here's a checklist of items to consider before renewing your auto insurance coverage in India.
Examine your needs before purchasing an insurance.
For a complete list of terms and conditions, see the Policy Wordings.
Only purchase add-ons that will improve the value of your auto insurance policy.
Q3. How long will it take to purchase/renew a car insurance policy over the internet?
Purchasing or renewing a car insurance coverage via ACKO is a simple process. It will take less than two minutes to acquire or renew your vehicle insurance policy online if you have all of the necessary information.
Q4. If I buy or renew a car insurance policy online, when will I receive my policy document?
Unlike the offline process, receiving your vehicle insurance policy through ACKO does not take days. After your payment is finalised, your auto insurance policy will be delivered to your registered email iinbox d's within minutes.
Q5. Is buying/renewing a car insurance policy online or offline less expensive?
As previously stated, we use a digital-first strategy and a direct-to-consumer model. We don't need to hire or manage a vast army of agents, nor do we have to deal with a mountain of paperwork. We have low operating costs because we avoid paying high commissions to intermediaries.
As a result, we can pass on these savings to our consumers in the form of premium discounts and incentives. As a result, the amount of premium our customers must pay is reduced. Our consumers frequently compliment us on our low, affordable, and straightforward pricing structures.
Our goal at ACKO is to keep your premiums low while providing you with high-quality services.
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