Acko Car Insurance Review India 2023

Acko Car Insurance Review India 2023: Acko Insurance for cars is one of the best budget friendly insurance options in India. This insurance provider has a high settlement ratio and well-built user-friendly website for purchase and renewal. If you are pondering the question “Is Acko car insurance good?” or “Is Eco Car Insurance Good?” You have definitely come to the right Acko Car Insurance Review Article.

Check Features, Benefits, Purchase, Renewal and Claim Process to get detailed information about this Acko Car Insurance Provider and its plans.

Acko General Insurance is a private sector general insurance company in India. First established in November 2016, Acko entered the rat race with the very innovative concept of online-based model. The company received its license from IRDA (Insurance Regulatory and Development Authority of India) in September 2017.

Types of Car Insurance Plans from Acko Insurance

Acko offers several insurance policies to meet the insurance needs of personal as well as commercial cars. Let us have a look at all the available insurance plans offered by Acko.

1. Acko car insurance third party:

This insurance plan covers third party liabilities due to your car. It also serves as a mandatory compliance for the Motor Vehicles Act, 1988.

a.) What is covered in a third-party car insurance policy?

• There may be an instance where your car accidentally injures a third party. For example, your car could accidentally spin out of control for a moment and injure a pedestrian walking on the sidewalk. The third-party policy will cover the cost of treatment of such injuries.
• In an unfortunate event, you may accidentally injure a person with your car which can lead to the death of the person. The third-party policy will take care of reimbursement of family members of the deceased person.
• Damage caused to the property of a third person is also covered under the third party policy. For example, your car may go out of control and hit someone’s shop on the side of the road. This policy will cover you for expenses arising out of such cases up to Rs. 7.5 lakhs.
• This cover is a part of the third party asset point, but is mentioned separately as it is a normal occurrence. Your car may collide with a third party on the road. The policy will cover loss to third parties as per the terms and conditions.

b.) What is not covered in a third party car insurance policy?

• Damage to your car: Third party car insurance policies do not offer its damage cover. For that you have to buy a comprehensive plan. Own Damage Cover protects you against damage caused to your car in case of accident, fire, man-made calamities, natural calamities and theft.
• Personal Accident Cover: Personal accident cover is mandated by law. A third-party policy does not cover you in case of permanent disability/death arising out of a car accident. The cover for such cases is Rs. 15 lakhs as per terms and conditions.
• Violation of rules while driving: Your third-party policy will not cover you against situations in which you were found to be violating traffic rules. For example, drunken driving, drunken driving, driving without a valid licence, etc. will not be covered.
• Expired Car Insurance Policy: Your third-party policy will not provide any cover if you are driving on the roads with an expired car insurance policy.

Read Also – Acto Two Wheeler Insurance Review

2. Comprehensive car insurance (Basic & supersaver):

Comprehensive car insurance (Basic & supersaver): This insurance plan covers third party liability as well as own damages in case of any force majeure. You can opt for add-ons to get additional coverage at a slightly higher premium.

What is covered in Comprehensive Car Insurance?

• Damage to your vehicle is covered
• Damage due to fire is covered
• Damage due to natural causes is covered
• Comprehensive car insurance covers theft
• Damage to third-party vehicles is covered
• You can cover these add-ons like Personal Accident Cover, NCB protection, Engine protection, and Return to Invoice Cover in the Acko comprehensive car insurance.

3. Own damage cover:

If you already have third party insurance, you can get insurance coverage for your car in case of accident, natural or man-made calamity, riot or theft. You can opt for own damage cover insurance.

What does own damage car insurance cover?

• Covers damage to your vehicle through third-party liabilities
• Fire damage is covered
• Damage due to natural causes is covered
• Comprehensive car insurance covers theft
• Driving without a license is covered
• Wear and tear damage is covered
• Drunk driving is covered
• Damage due to electrical/mechanical breakdown is covered.
• You can cover these add-ons on your damaged car insurance like personal accident cover, NCB protection, engine protection, consumables cover, key replacement cover, roadside assistance, and return on challan cover in Acko.

4. Personal Accident Cover: This is another essential insurance plan that every car should have. Acko also offers personal accident cover for commercial use cars for commuters.

Personal accident cover provides coverage up to Rs. 15 lakhs for any accident that occurred while driving or mounting a registered car. However, you cannot avail this cover in case of illegal driving or diving under the influence of alcohol or drugs.

5. Commercial car insurance:

Acko offers commercial car insurance policies for commercial vehicles, i.e., passenger vehicles with a minimum seating capacity of 6 persons.

a.) What is covered in commercial car insurance?

• Damage to the vehicle due to earthquake, landslide, cyclone, flood, or riots etc.
• Damage to commercial vehicle due to accident.
• Damage caused by a commercial vehicle to a third party.
• Complete or partial damage to commercial vehicle due to fire or explosion incidents.
• Loss or damage due to theft of vehicle parts.
• Injury or death of driver in case of accident of commercial vehicle.

b.) What is not covered in commercial car insurance?

• Accidents are caused by the owner-driver driving under the influence of alcohol.
• Consequential damage which is not a direct result of accident/natural calamity etc. Damage causes subsequent damage/loss, only original damage will be covered.
• Accidents caused by the owner-driver driving a vehicle without a valid license.
• Damage caused by the negligence of the driver.

Available add-on options

Acko Car Insurance offers the following add-on covers along with own damage and comprehensive insurance plans.

• Zero Depreciation (basic & supersaver) (Zero Depreciation)
• Roadside Assistance
• Engine Protection
• Consumables Cover
• Key Replacement Cover
• Outstation Emergency cover
• No Claim Bonus Cover
• Return to invoice cover
• Personal Belonging damage/ theft cover

These are cover options but provide additional insurance facilities on increase in premium.

Acko Four Wheeler Insurance

Acko General Insurance understands that car insurance is a simple and effective way to protect your car from unforeseen risks like accidents, theft, fire, natural calamities, or third party liabilities. To insure your car from different types of damages and damages, the insurance company offers two types of car insurance policies.

That is, third-party car insurance policies and comprehensive car insurance policies, both of which are available at affordable premium rates. Apart from these, the insurer also offers a personal accident cover up to Rs. 15 lakh for compensation for permanent disablement or death while driving.

You can customize your car insurance plan with several add-on covers offered by Acko General Insurance to protect your car. These add-ons provide additional coverage over your original policy for an additional cost when purchasing or renewing the policy.

Some of the add-on covers provided by the insurer are zero depreciation cover, key replacement cover, roadside assistance cover, consumable cover, engine protection cover, exterior emergency cover etc. Apart from multiple insurance plans and additional covers, choosing a plan from Acko can offer some more benefits like plans at lower premium rates, paperless door-to-door claim facility and unique plans and discounts as per the requirements of the customers.

ACKO Car Insurance Online Overview

Features	Coverage
Third Party Property Damage	Up to Rs. 7.5 Lakh
Own Damage Cover	Coverage for Own Car for Its Loss and Damage
Personal Accident Cover	Up to Rs. 15 Lakh
Add-on Covers	6 Add-on Covers
Claim Assistance	24/7 Claim Assistance

ACKO Car Insurance Benefits

• Pricing is an important factor in insurance. Hardly anyone knows but every car insurance product tops with 20%-30% commission. This certainly explains the steep rise in the prices of insurance plans and premiums. Acko guarantees a substantial reduction in premium.
• So, not a big fan of paperwork? Not even Ecko. Buy insurance, renew or claim your plan, do anything and everything online without the hassle of paperwork.
• Completing the claim process can seem like a tedious affair. Well, definitely not with Acko as your car insurance partner. Start with just one call and you’re done. From picking up your vehicle, fixing it to dropping it at your door, the company does it all.
• Fixing minor damage and dents can cost a fortune in the long run. Acko gets the job done and pays cash in the form of instant claim settlement for minor damages.

How to purchase Acko insurance for cars?

You can buy Acko car insurance online using the following methods.

1. Website: Go to the official website. click here. Select “Cars & Taxi”, enter the car registration number or model and make. Click on “insure now” button. You will get the quote. Pay online through Debit Card, Credit Card, Net Banking, NEFT etc.

2. App: Download “Acko Insurance” app from App Store or Google Play Store. Follow the same procedure as on the website to buy the policy.

In both the cases, you will receive the policy documents in your registered email ID.

3. Offline: For offline purchase contact Acko helpline or agent or visit nearest branch.

How to download Acko insurance policy?

When you receive the policy document online, download the Ecko car insurance policy from the attachment in the mail. Alternatively, you can download the policy document by logging in with the registered mobile number on the ACCO official website.

Acko car insurance claim process

The claim settlement process for this insurance is quick and simple. It provides hassle free claim settlement. You just have to follow these steps.

1. Notify the insurer at the earliest: You can contact the Acko helpline or make a claim through the website. Visit the official website, click on “Raise a Claim”. Enter the registered number. Enter OTP. Fill Ecko Car Insurance Claim Form Online.

2. Repair: You can either drive to the network garage or get a pickup at the nearest Acko car insurance cashless garage from an Acko agent. If you can’t find Acko car insurance garage list online. Then call the helpline number to know the nearest garage location. If you are doing repairs from another garage, you can claim reimbursement.

3. Settlement: Acko disburses the claim amount directly at the cashless garage. The repaired car will be delivered to you in 3 days (for select cities). In case of compensation, you will have to provide the invoice and other documents to the insurer and Acko will directly distribute the claim amount to you.

You have to follow the same steps in case of offline claim settlement. To settle your claim offline, visit the nearest Acko office.

Acko Car Insurance Renewal

Renewal of Acko insurance for car is quick and simple-

1. Visit the Acko website or app.

2. Log in with your registered mobile number.

3. Check the existing policy statements, answer a few simple questions.

4. Add/remove add-on cover.

5. Check the premium amount.

6. Make online payment through Debit Card, Credit Card, Net Banking, NEFT etc.

If you want to renew your car insurance policy offline, you need to visit the nearest Acko branch. For any assistance related to Acko Car Insurance Renewal you can contact Acko Car Insurance Contact Number.

Acko Car Insurance Customer Care Number

To get any information regarding Acko insurance, you can contact the insurer by dialing 1800 266 2256 (Toll-free). You will not have to pay any charge for calling this number. This number is active 24×7. Hence, you can access Acko Insurance from anywhere, anytime. You can also write to Acko at [email protected].

Conclusion : Acko Car Insurance Review 

Multiple Acco Car Insurance Review Vouchers for your car insurance policy. Acko offers incredibly low premium and paperless door-to-door claims. Plus, Acko has unique plans to suit your needs.

Therefore, we hope that this information and a detailed overview of this insurance have answered your question, “Is Acko Insurance reliable?” Or “Is Acko Insurance Reliable?”

FAQ’s on Acko Car Insurance