Acko Third Party Car Insurance

Third-party insurance policy offered by Acko General Insurance Company protects you from third-party liabilities arising due to an accident. This insurance plan covers your expenses incurred on compensating damages incurred to a third-party in an accident. This includes injury/death of a person and even coverage of damages occurred to any third-party property.

Also termed as an 'Act-Only' cover, a third party insurance policy is a legal compulsion. The Motor Vehicles Act of 1988 directs every car owner to at least have a third-party insurance coverage policy for their vehicle. A car without this cover is deemed illegal and hence cannot be taken for a drive.

However, Acko third-party insurance plan, just like any other third-party cover, does not offer the protection of vehicle and policyholder. Also, Acko clearly mentions that they do not cover expenses if the damage is done because of illegal driving practices e.g. invalid license, drunken driving etc.

Third Party Policy Vs Comprehensive Policy

Acko Third Party Car Insurance Coverage

Purchasing a third-party liability coverage policy is mandatory for every vehicle owner, and it covers and compensates the following events:

• It insures policyholder against third-party liabilities caused to a third-party by your vehicle and provides unlimited coverage in case of death or an extensive injury/disability of the third party. This also includes coverage of all legal expenses incurred during the court trial.
• It also insures policyholder against third-party property damage (up to a certain maximum cap).
• Owing to its basic and narrow coverage, third-party liability insurance policy is comparatively affordable. This means that the policy can be bought with a low premium amount.
• Cashless claim settlements, as well as reimbursement options, are easily available.
• Third-party insurance policy from Acko offers a hassle-free claim settlement process.

• If the accident because the driver was under the influence of intoxicants like alcohol or drugs etc.
• If the accident occurred when the vehicle was being driven by a driver who does not have a valid licence.
• Non-accidental damage like wear and tear, breakdowns, failures, and certain specific liable deductibles are not covered.
• Non-accidental damages to tyres, tubes, and engine are also not covered.