- Overview
- Claim Settlement
- Customer Care
Car Insurance by Acko
When it concerns the security of his car, every car owner wants to be at peace. This is where car insurance becomes a necessity. Moreover, as car insurance is mandatory by law, there’s no looking away! This is why Finserv MARKETS, your exclusive insurance marketplace, brings you Car Insurance plans offered by ACKO General Insurance Ltd. Whether you want to be on the right side of the law with basic third-party car insurance or get complete financial protection with comprehensive car insurance, we have you covered! For those who see insurance as a financial product or one that helps save up on taxes, find it difficult to understand car insurance. Finserv MARKETS not only makes the complex task easy, but also offers you value for your time and money, with extensive ACKO Car Insurance plans!
Benefits of ACKO Car Insurance
-
Affordable Plans
With considerably low premiums, ACKO Car Insurance is truly a cost-effective choice.
-
Paperless Online Claim Settlement
With a 100% online process, you can settle all your claims instantly, that too without any documentation. Get your policy online in just 2 minutes.
-
3-Day Claim Settlement
With ACKO Car Insurance, all minor repairs would be done within just 3 days at the time of claim (in select cities).
Features of ACKO Car Insurance
Very Quick
At Finserv MARKETS, getting your ACKO Car Insurance is quick and effortless. It just takes 2 minutes to generate a quote.
Easy & Convenient
Purchasing car insurance need not be troublesome. At Finserv MARKETS you can buy your ACKO policy from the comfort of your home within no time, with the completely digital hassle-free process
Stress-free claims
ACKO understands the trouble with sudden accidents and hence, takes care of your claims with extra care. With an excellent claim settlement ratio, ACKO helps you with zero paperwork and cashless claims to let you enjoy a stress-free claim process.
Hassle-free Repair
Roadside assistance offered by ACKO is a boon! In case of an accident, if your car needs more repairs, get the car picked up for free and have the repaired vehicle delivered home.
Types of Plans Offered by ACKO
ACKO General Insurance Ltd. understands the varying needs of customers and hence, offers two types of car insurance plans: Comprehensive Car Insurance & Third-Party Car Insurance. Just identify your requirement and pick the plan of your choice.
1. Third-Party Car Insurance
A Third-Party Car Insurance cover is a basic car insurance plan that is designed to cover the injuries caused to third parties and the damage incurred by the third-party property due to your car. Moreover, it is compulsory to get a Third-Party Car Insurance as per the Motor Vehicles Act, 2019, failing which can result in a penalty of Rs. 2000. What’s worse, you can also face imprisonment up to 3 months! A third-party cover ensures that you are in compliance with the law. Hence, it becomes all the more necessary to get this plan.
Here’s what’s covered in the Third-Party Car Insurance cover:
Going by its name, the third-party car insurance covers injuries caused to third parties or their property. Let’s understand this with the help of an example.
If your insured car loses control, resulting in a collision with someone’s car, the insurance policy will take care of the expenses incurred for repairs of those damages. This also includes a basic Personal Accident cover for the person driving the car. The Personal Accident cover insures you against permanent disabilities and even death while driving your car.
Product Name: Liability Only Policy - Private Car, UIN: IRDAN157P0001V01201718
2. Comprehensive Car Insurance
A Comprehensive Car Insurance plan is an enhanced cover compared to the Third-Party Car Insurance plan. It not only includes the third-party cover but also offers coverage against Own Damages. With an all-round protection, the cover helps manage liabilities, and also offers a complete financial protection. Hence, despite having to pay a higher premium amount for a comprehensive plan over a third-party plan, it is advisable to go for this plan.
Here’s what’s covered in the Comprehensive Car Insurance cover:
An all-round protection, just as the name suggests, Comprehensive cover brings together the benefits of both, cover for third-party liabilities including Personal Accident cover and Own Damage Cover. Any damage due to unfortunate mishaps like natural & man-made calamities, and even theft is covered under this plan.
Product Name: Private Car Package Policy, UIN: IRDAN157RP0007V02201718
Why Choose ACKO Car Insurance at Finserv MARKETS
How to Buy ACKO Car Insurance Online
Purchasing ACKO Car Insurance with us at Finserv MARKETS only takes a few minutes. Just follow these quick steps, and you are done!
-
Visit us online
Visit us online and provide your car number & mobile number
-
Help us with some details
Fill the application form with some important details of your car
-
Pick Your Plan
Pick the Car Insurance plan as per your needs
-
Quick Payment
Make an instant online payment
-
And that’s it!
Your policy will be issued to you instantly
Enhance your Coverage with Customized Add-on Covers
An unfortunate accident means unwanted injuries followed by an unplanned financial crunch! While car insurance helps deal with the financial liability of such accidents, it may not be completely enough. At times, even a comprehensive plan may miss out on some vital aspects that need coverage. It’s always better to be completely sure about the financial coverage. Customized add-on covers available with ACKO Comprehensive Car Insurance help you get just that! Add-on covers offer an additional protection to your insured car, so you are prepared for any financial crunch following mishaps.
Roadside Assistance
With emergency roadside assistance cover, you will never be stranded on the road. The on-spot assistance in case of accidents including urgent fuel delivery, flat tyre repair, key services, urgent car fixing, cab services, and towing, let’s you rest assured.
Product Name: Private Car Package Policy - Add-ons: Roadside Assistance, UIN: IRDAN157RP0007V02201718/A0007V01201819
Zero Depreciation
Commonly known as nil depreciation and bumper to bumper insurance cover too, the zero-depreciation cover is a life-saver when it comes to managing external care costs. With no depreciation in the value of the car’s external parts, this cover takes care of all car body repairs or replacements.
Product Name: Private Car Package Policy - Add-ons: Zero Depreciation, UIN: IRDAN157RP0007V02201718/A0006V01201819
Engine Protect
With the engine protection add-on, you are covered for the replacement and repair of your car’s engine parts, which include pistons, rods and others, so you need not worry about the complexities.
Product Name: Private Car Package Policy - Add-ons: Engine Protect, UIN: IRDAN157RP0007V02201718/A0004V01201920
How to Claim ACKO Car Insurance
With ACKO Insurance, car insurance claims are more seamless than ever! To raise a car insurance claim, all you need to do is connect with their team and follow some essential steps. The insurer will understand your ACKO car insurance claim request, assess the claim and provide you with the necessary details.
With ACKO General Insurance Limited, you get instant claim settlement for minor damages. With ACKO’s commitment to serve you better, even the claims that may require a detailed claim registration process are processed quickly.
How do you go about it?
ACKO Car Insurance Claim Process
Just follow these steps and you’re done!
-
1
Visit Finserv MARKETS
-
2
Head on to the ACKO Car Insurance Page
-
3
Click on ‘Register a Claim’
-
4
Insurer lets you know what to do next
-
5
Your car is picked up instantly*
-
6
Repair status is updated on the insurer's website
-
7
Your repaired car is delivered at your doorstep
*Pick-up of the vehicle is available in select cities only.
We are here to help you
- At Finserv MARKETS
- At ACKO General Insurance
At Finserv MARKETS, we are committed to serve you better. Here’s how you can connect with us, should you need any help with ACKO Car Insurance.
You can call the customer care number: 020-66399444 (Mon to Sat from 10 am to 6 pm)
Or write to us at: insuranceconnect@bajajfinservmarkets.in
You can also login to our Customer Portal - https://www.bajajfinservmarkets.in/cust/#/ to view your policy details.
You can Download the Finserv MARKETS app. With our car insurance app, you can easily manage your account and view your policy details.
You can reach out to the team at ACKO General Insurance Ltd., should you have any queries or require assistance.
Customer Service Email: hello@acko.com
Contact the Call Centre via the ACKO car insurance contact number: 1-800-266-2256
Manage all Your Queries Here
-
✔️What is car insurance?
Car insurance is based on a simple concept of risk sharing, where you can safeguard your money in case of damage to your car. The insurer then pays for the repair of damages incurred to your car as per the plan’s terms and conditions. All you have to do is to pay a nominal insurance premium.
-
✔️What is IDV in car insurance?
IDV stands for Insured Declared Value in car insurance. This is the amount you would receive in case you have a Comprehensive car insurance policy and your car undergoes total damage. To simplify the term, IDV is the value that is equivalent to the current market value of your car.
-
✔️How to check if car insurance is available for me?
Most insurers make car insurance available online as well as offline. You can choose to buy car insurance online through a simple process on Finserv MARKETS. Car insurance can also be purchased offline from car dealers, insurance agents and the branch office of insurance companies. However, it’s better to purchase car insurance online as it saves you time, money and resources.
-
✔️What is Third-party Car Insurance?
Buying Third-party car insurance online means you are insured against third-party liabilities. Thus, it is also known as Third-party liability insurance. In common terms, it is also referred to as Act Only insurance. This is because the Motor Vehicles Act makes it compulsory to insure your car with at least a Third-party Liability car insurance policy if you want to drive on Indian roads.
-
✔️Which car insurance is the most ideal choice in India?
Although all car insurance plans may be designed differently, there is no standard answer for this question. The answer can vary depending upon your needs and preferences. While some might prefer to go to insurers following a traditional approach, some might go ahead with an insurance company having a digital-first approach like ACKO General Insurance Limited. And, with Finserv MARKETS this process gets even more seamless and convenient.
-
✔️How to get a duplicate car insurance copy online?
Getting a duplicate car insurance copy online is a simple process. You can simply log in to your account on the insurance company’s website and download the policy. You can also get in touch with your insurance company so that they will provide the policy to your registered email id.
-
✔️How to download a car insurance certificate / policy?
You can download your car insurance certificate/policy by logging in to your account on the insurance company’s website. You can also request the insurance company to email it to you.
-
✔️How to find my car insurance policy number?
Your car insurance policy number is stated in your policy document. You can find it by going through your policy document. If you are unable to locate it, you can contact your insurer to help you out with this matter.
