Which is Better: Acko Or Hdfc Ergo?
Published On Aug 22, 2022 10:00 AM By InsuranceDekho
Which is Better: Acko Or Hdfc Ergo?
Table of Contents
For a car owner, having a reputable insurance provider is crucial. There are lots of choices, but when it comes to picking a company, customers frequently have to trust their instincts. Since HDFC and Acko have both been in business for a number of years, they have developed a reputation within the sector.
Car Insurance: HDFC Ergo VS Acko Insurance
One of the top insurance companies in the nation is HDFC ERGO. With the fastest 24-hour customer service, HDFC has a 1.5 CR+ customer base. The HDFC renewal process is simple and easy.
Acko is renowned for its zero-paperwork and 100% digital work policies. Due to its minimal operating costs in comparison to other companies, it offers the best insurance policies at the lowest charges. Claims under Acko's general insurance policy are settled quickly.
List of Types of Insurance Plans Offered by HDFC Ergo General Insurance
You can choose from a number of general insurance categories through HDFC ERGO, including:
- Vehicle Insurance
- Bicycle insurance
- health protection
- Travel Protection
- Housing insurance
List of Types of Insurance Plans Offered by Acko General Insurance
You can choose from the categories below if you are opting for insurance from Acko:
- Car/Taxi insurance with Acko.
- Cycling Insurance
- Medical Insurance
- Digital Insurance
Parameters for Comparison: HDFC Ergo Vs Acko General Insurance
Comparisons of insurances can be made using the following factors: premium, coverage, claims, benefits, etc as follows:
- Network Garages: HDFC has a network of more than 6,800 cashless garages. Acko maintains a network of 2,000+ cashless garages.
- Claim Settlement Ratio HDFC Ergo car insurance's claim settlement ratio (CSR) is 91.23% in FY20. Whereas, the CSR registered by Acko in the same period stands at 83.91%.
Conclusion
In summary, the automobile insurance policies offered by both companies are excellent. From the moment you decide to purchase the policy until you finally collect the money, they offer you every convenience imaginable; the process is simple and intuitive.
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