Buy/renew Acko bike insurance online in India starting at ₹555
Bike insurance or two-wheeler insurance is an insurance policy that covers you against damages to your two-wheeler due to accidents, natural/man-made disasters, fire, and theft. Acko bike insurance policy provides coverage against bike-related third-party liabilities such as damage to another person’s vehicle/property or injuries/death of a third party. You can buy Acko bike insurance online in India for 2 wheelers to cover motorcycles, scooters, mopeds, etc. You need a 2 wheeler insurance policy to protect yourself against financial losses arising due to damage to your bike or third-party property/life. Here are the reasons why you should buy insurance for bikes/scooters in India.
Save up to 70% with ACKO bike insurance online in India
acko.com Get your bike insured in a simple and hassle-free way with Acko bike insurance online in India. Buy Acko two wheeler insurance starting at ₹555 only & save up to 70% today.
Key features of ACKO’s two-wheeler insurance
Acko offer you the convenience of buying 2 wheeler insurance online and bike insurance renewal online at any time and from anywhere. Here are the key features of Acko bike insurance online:
1. Paperless experience
There’s no need to fill out forms or submit documents to buy Acko two wheeler insurance online. This applies for Acko bike insurance online renewal as well. Just share bike-related information and previous policy details to buy/renew your two wheeler insurance.
2. Instant claim settlement
With Acko online bike insurance process, you receive instant claim settlement. Login to your ACKO account, answer a few questions, and upload the pictures showing bike damage. You will receive the claim settlement amount within 2 hours for minor damages.
3. Low-cost plans
Acko eliminate the need for middlemen commissions and other operational costs through the digital infrastructure. It enables Acko to offer you low-cost two wheeler insurance plans with zero paperwork.
Save up to 70% with ACKO bike insurance online in India
acko.com Get your bike insured in a simple and hassle-free way with Acko bike insurance online in India. Buy Acko two wheeler insurance starting at ₹555 only & save up to 70% today.
Other features from ACKO bike insurance online
| KEY FEATURES | OUR ADVANTAGE |
|---|---|
| Bike insurance premium | Plans start at Rs. 555* |
| Third-party liability | Covered |
| Own Damage (OD) Cover | Available with the Comprehensive Bike Insurance Policy |
| No Claim Bonus (NCB) | Up to 50% discount for 5 claim-free years |
| Personal Accident (PA) Cover | Available. Coverage up to Rs. 15 lakhs for permanent disability/death. |
| Claim settlement | Online with paperless and cashless experience. Instant claim settlements (within 2 hours) for minor damages. |
| Cashless repair service | Available at network garages. |
| Claim Settlement Ratio (CSR) | 95.45% for the Financial Year (FY) 2021-22 (Two-wheeler OD portfolio) |
| Buying/renewal | Instantly buy/renew the policy on the website or app within a few minutes without any paperwork. |
Save up to 70% with ACKO bike insurance online in India
acko.com Get your bike insured in a simple and hassle-free way with Acko bike insurance online in India. Buy Acko two wheeler insurance starting at ₹555 only & save up to 70% today.
Types of bike insurance plans available at ACKO
There are mainly two types of two wheeler insurance plans in India, and Acko offer both of them. Apart from that, you can also purchase the mandatory PA cover from Acko website/app. Here are more details regarding the Acko bike insurance.
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Third-party Bike Insurance Policy is mandated by law in India. It provides coverage against third-party liabilities. In other words, the policy provides financial protection if your vehicle damages another person’s vehicle/property or causes injury/death to a third party in an accident. But third-party insurance for bikes/scooters does not cover damage/loss to your two-wheeler.
2. Comprehensive Bike Insurance Plan
Comprehensive Bike Insurance provides all the coverage offered by the Third-party Plan and also covers damages/losses incurred by your two-wheeler. This type of insurance for bikes covers events such as accidental damages, fire damages, natural disasters (floods, earthquakes, etc.), man-made calamities (riots) and theft of the insured bike.
3. Personal Accident (PA) Cover
This might technically not qualify as a type of plan but it is an essential cover. Similar to the third-party policy, the Personal Accident cover is mandatory as per law. While the insurance for bike provides coverage against your vehicle, the PA cover offers financial protection against events such as disability/death due to an accident while riding your bike or scooter.
Save up to 70% with ACKO bike insurance online in India
acko.com Get your bike insured in a simple and hassle-free way with Acko bike insurance online in India. Buy Acko two wheeler insurance starting at ₹555 only & save up to 70% today.
Third-party bike insurance vs Comprehensive bike insurance
The following table will give you a better understanding about third-party vs comprehensive bike insurance.
| COVERAGE | THIRD-PARTY PLAN | COMPREHENSIVE PLAN |
|---|---|---|
| Damage/loss to your bike | ✘ | ✔ |
| Theft of your two-wheeler | ✘ | ✔ |
| Damages to third-party vehicle/property | ✔ | ✔ |
| Third-party injury/death | ✔ | ✔ |
| NCB discount up to 50% | Not applicable | Applicable |
| Insured Declared Value (IDV) customisation | ✘ | ✔ |
| PA cover | Optional (needs to be purchased separately) | Optional (need to be purchased separately) |
| Cashless claims | ✘ | ✔ |
| Instant claim settlement (within 2 hours) | ✘ | ✔ |
| Online transactions | ✔ | ✔ |
Save up to 70% with ACKO bike insurance online in India
acko.com Get your bike insured in a simple and hassle-free way with Acko bike insurance online in India. Buy Acko two wheeler insurance starting at ₹555 only & save up to 70% today.
What is covered in ACKO’s two-wheeler insurance policy?
Here’s the list of events covered under the Third-party and Comprehensive Bike Insurance Plan. Note that this is an overview, for exact details, please check out respective policy wordings.
✅ Third-party losses/liabilities: Damage to another person’s vehicle or property and injuries or death of a third party caused due to your two-wheeler.
✅ Accidental damages: Damages to your vehicle due to accidents.
✅ Fire disasters: Damages to your two-wheeler due to an explosion, self-ignition, lightning, etc.
✅ Natural disasters: Damages to your bike/scooter due to events such as floods, cyclones, earthquakes, etc.
✅ Man-made disasters: Damages to the insured vehicle due to incidents like riots, protests, etc.
✅ Vehicle theft/total loss: Financial loss due to vehicle theft or total loss. For instance, if your bike/scooter gets stolen, and concerned authorities are unable to trace it.
How to claim your ACKO bike insurance online?
Raising a claim request is easy when you have ACKO bike insurance policy. No form-filling, no wait time. Get online and file your bike insurance claim by following these simple steps.
Step 1: Log in to your account via Acko website.
Step 2: Click on the “Claim” button on the Policy Card.
Step 3: Answer the questions regarding vehicle damage and upload images of the damaged two-wheeler. Once done, click the “Submit” button to raise your claim.
Save up to 70% with ACKO bike insurance online in India
acko.com Get your bike insured in a simple and hassle-free way with Acko bike insurance online in India. Buy Acko two wheeler insurance starting at ₹555 only & save up to 70% today.
