Acko Car Insurance FAQs

ACKO has revolutionized the concept of car insurance by using a digital-only model. In this way, you can purchase insurance plans online without involving any third party medium. The company also has a significantly low count of sales branches. In a nutshell, Acko incurs very less expenses. The savings are passed on to customers like you, pitching lowest of premiums for the best of insurance plans.

Yes absolutely! You can buy an ACKO car insurance policy even if you are not an Amazon customer.

If you are an Amazon customer, you are entitled to an exclusive pricing. Simply use your Amazon login credentials and pay for your ACKO policy using credit cards, debit cards, net-banking or amazon pay balance and enjoy your brownie points.

Acko is a licensed non-life general insurance company, fairly new in business. However, the company has managed to establish a strong foothold in the industry with its innovative digital business model. The company stands for affordable, effortless and hassle-free policy procedures. From purchasing policy to renewing and settling claims, ACKO guarantees seamless customer experience.

Yes! You will certainly enjoy the benefits of zero depreciation and other add-ons by opting for an ACKO car insurance policy. It is worth informing that more add-ons and riders will be introduced soon.

Registering a claim with ACKO is easier done than thought. Visit www.acko.com and register your claim or gives a call on their toll-free number 1860 266 2256. The rest will be taken care of in a spry.

Post registration, you can spill information like your vehicle registration number, contact number, photograph and description of the incident and copy of FIR in case of theft and total loss. You will be updated with the status of your claim periodically.

You can always call ACKO on 1860 266 2256 or drop a mail at hello@acko.com

ACKO is all geared to revolutionize the Indian insurance markets. You must renew your car insurance policy with ACKO. Here’s how you will befit:

• Quite a few products to pick from.
• A quick and seamless process of renewal.
• Prices quoted are lower than you can imagine.

ACKO makes it to the top of the charts with an incredible claim settlement ratio of 95.5%. You can certainly trust this brand.

There is slight difference in the overall process. In a cashless claim, you need to pay only your part of liability. Whereas in reimbursement claim, you need to pay the entire sum which will be reimbursed later by the company.

You need to lodge an FIR at the local police station, after which the cops will start tracing your car. If it is not found within a certain time period, a non-traceable certificate will be issued. This allows the insurer to proceed with claim settlement.

The insurer will pay you the current market value of a car. However, if you have purchased a Invoice Cover add-on, the claim amount will be decided basis car’s purchase value.

If Acko anyhow fails to return the repaired car within a stipulated time period, then the policyholder will get free cab vouchers in order to cope-up with the expenses of daily commutation* *Please refer company’s terms & conditions before purchasing your policy.

No, there is a maximum limit of its usage. After using it for a certain number of times, you will need to pay depreciation amount yourself from the very next claim. However, unlimited claims are allowed under the Benefit Zero Depreciation (a special Zero Dep Cover).

No. Zero Dep cover is only available for cars upto 5 years. Obviously, this isn’t the case only with Acko but with majority of other general insurance companies.

No, there is no difference in claim filing process for a car with Zero Dep cover. The only difference is in the claim amount.

Calculating depreciation is easy if you know the depreciation rate. Just calculate total depreciation value according to your car’s age and deduct it from the actual price of the car. As per Acko’s website, depreciation rates are as below:

• Rubber, nylon, plastic parts, Tyres and tubes, Batteries and air bags: 50%
• Fibre glass components: 30%
• All parts made of glass: Nil
• Material cost of the paint in case of a paint job: 50%

Fortunately, you don’t need to do so. Just inform the company about the accident and location, a towing van will be arranged within 60 minutes of intimation.

If your vehicle is repaired in any of the garages registered as cashless under the company’s network, Acko Insurance will pay the repairing cost directly to the garage. This type of claim is known as ‘Cashless Claims’.

An add-on cover is additional protection over standard car insurance that can be purchased by paying extra premium.

Premium depends on your vehicle’s Insured Declared Values or IDV. A new vehicle will have higher IDV and subsequently, a higher premium.

Yes, you can easily renew your car insurance policy using the ‘Acko Car and Bike’ app. The app is available for download in Google Playstore as well as in App Store.

You can renew your existing car insurance policy (Acko or non-Acko) from Acko’s official website. If your existing car insurance policy is not with Acko General Insurance and it is going to expire in less than 60 days, you can buy an Acko General Insurance car insurance cover. And if your existing policy is due for expiry after 60 days, you can use Acko’s ‘Buy Later’ feature which will remind you about your policy renewal in due time.

This depends on the type/degree of injury/damage incurred to the third party. In case of partial disability, a third-party policy can fetch you 50-75% of the sum assured. However, in the case of death, the rendered amount is 100%. The final compensation amount is decided by the court of law.

If you have your Acko car insurance policy, you can call up their toll-free number and request for your policy copy via email. Once you receive the email, you can take a printout of the same and keep it in your vehicle.