Acko offers car, two-wheeler, mobile and in-trip domestic insurance, including comprehensive car insurance. Its CEO, Varun Dua, oversees operations related to car insurance. The startup has raised $42 million in the last two years from big-shot investors. But what makes Acko so special? Here’s a look at the key features of its car insurance policy. And here’s another surprise: Discounts for AAI members!
Coverage against third-party liability
Acko four wheeler insurance has two types of coverage: comprehensive and third-party liability. Comprehensive policies cover damage to a third party’s property or injury to another person and the costs involved in compensating the other party. A comprehensive policy offers a range of additional benefits, including coverage for injuries and damages to the insured vehicle. The third-party liability policy also covers damages to a third party’s property or injuries.
The Comprehensive Insurance Plan is the most comprehensive plan available, and offers extensive coverage for your four-wheeler. It provides coverage for damages to other vehicles or people caused by accidents. It also covers losses caused by theft, fire, explosion, and man-made disasters. Third-party liability insurance is a cheaper option than comprehensive. However, this type of coverage only covers bodily injury or property caused by your vehicle.
A third-party liability insurance plan protects you against financial and legal costs incurred by others when you are at fault in an accident. This type of coverage protects you from liability and other expenses that may arise in an accident. By reducing financial burdens, you can relax and enjoy your ride. A third-party liability insurance policy is easy to get and inexpensive. The premiums for this type of policy are pre-set by the IRDAI.
Acko insurance policies have a range of add-on benefits. Add-ons include coverage for consumables and engine oil, as well as oil filters and radiator coolant. Acko offers roadside assistance to help you if you are involved in an accident. A flat tyre repair, emergency fuel delivery, and cab services are all covered. And if you need to get your car repaired, you can opt for bumper-to-bumper insurance as an additional option.
Coverage against own damage
Acko stands alone own-damage policy covers the cost of repairing a car if it is damaged in an accident. The plan is beneficial in several scenarios, including theft, fire, and flood. To get a quote, you must enter your car registration number and personal details. An online quote system will show you the options available. Select the one that best fits your budget and needs.
Acko also offers add-on insurance policies that supplement their comprehensive car insurance plans. You can choose to add-on insurance for consumables like engine oil, grease, oil filters, and radiator coolant. Another option is Roadside Assistance. It covers the cost of flat tyres and emergency fuel delivery. Other options may include cab services and zero depreciation. Acko also offers zero depreciation coverage.
ACKO four-wheeler insurance policies provide coverage for your vehicle in the event of an accident. In addition to repairing your own car, it also covers third-party liabilities. All of these features come at an affordable price. You can even choose door-to-door claim services and cashless advance options. ACKO offers flexible plans and easy online renewal. For more information on ACKO coverage, visit the company’s website.
In a few clicks, Acko can arrange to pick up your car and take it to be repaired. The company’s customer service team will even arrange to have the car repaired at a garage of your choice. If you’re interested in getting a cheap insurance policy, check out Acko General Insurance Company. This insurance company offers low premiums and guarantees to beat most online quotes.
Coverage against personal accident
ACKO insurance offers cover against personal accident for your bike. The normal bike insurance plan covers the damages caused to your bike and your own, but the personal accident cover provides you with additional security and protection against accidents that might happen to you. You can avail zero paperwork two-wheeler insurance and cashless claims at any network garage. You can also pay your pocket-friendly premiums online and enjoy quick claim settlement.
In case of an accident, your ACKO policy includes a basic level of personal injury coverage for you and your passengers. This type of insurance policy is compulsory in India as per the Motor Vehicles Act, 2019. This insurance coverage pays for your medical bills and repairs if you are at fault. You can also get a comprehensive insurance plan to cover the rest of your vehicle and third-party liabilities.
The sum insured under the personal accident cover is not the same for each insurer. Generally, the amount covered depends on the type of occupation you have and the level of daily exposure you have to risks. In some cases, people with desk jobs pay lower premiums than industrial workers. However, if you have a job that exposes you to many risks, you may be able to claim more money.
Personal accident insurance covers accidents that may leave you with permanent disability or death. It protects you against expenses related to your injuries, including hospitalization. If you get involved in an accident, your insurance will cover your medical bills and lost income. You will also be covered against vandalism and riot. Personal accident insurance is very beneficial because it protects you against unforeseen events. It also gives you peace of mind about your expenses.
Discounts offered to AAI members
Automobile Association of India (AAI) members can get a discount on their insurance premiums. AAI members enjoy significant discounts on their own damage premiums. Automobile Association of India members can also transfer their No Claim Bonus from one insurance company to another to get even greater discounts on their insurance policy. The following are the discounts that AAI members can avail on their insurance policies. In case you are an AAI member, you can apply for these discounts online.
AAI members are often entitled to several discounts. Many of these discounts are applied to the bodily injury coverage. Other discounts are available for those with good driving records. Members of affinity groups and employees can qualify for a 10% discount on their policy. Driver Education Credit applies to all bodily injury, property damage, and medical payments coverage. AAI members can also get a discount for their collision, comprehensive, and comprehensive coverage.
Online policy purchase
The ACKO General Insurance website has a number of useful features for customers, including an easy policy purchase process, claim assistance, zero paper work, and many other perks. Acko has partnered with Ola, redBus, and Amazon to provide customers with comprehensive insurance policies and other add-ons. Acko also offers a variety of different types of insurance cover for both two-wheelers and four-wheelers, including covers for electronics and hotels. This insurance company has won several awards for its innovative products, including a Golden Peacock Innovation Award for 2020 and the Financial Express Best Product category.
One of the major benefits of purchasing your policy online is its simplicity. Once you’ve found the policy that fits your needs, you can easily access it via the insurer’s official website, mobile app, or email. Generally, you’ll have a few minutes to review the policy document, but if it is not there in a timely manner, you should contact the insurer to get it replaced.
ACKO four-wheeler insurance has many benefits. Comprehensive insurance is the most comprehensive type of coverage. It provides personal injury coverage for the owner-driver. It is only available for cars with engine capacity less than 1000cc. It also provides savings by providing coverage under an approved insurance plan of the Indian Road Development Authority. You’ll never have to deal with insurance agents who are only interested in selling their product.
You can mix and match the different policy elements that are important for your needs. Depending on your needs, you can select multiple riders and add-ons to create a custom policy. You can select two riders and one add-on and calculate the overall cost once again. A digital insurance policy is a better choice for many customers as it reduces the chance of confusion. Moreover, you can choose the policy elements that suit your needs and budget.