Comprehensive car insurance

What is car insurance?

Car insurance refers to an insurance policy that covers various car-related risks. You need to pay an insurance premium to purchase a car insurance policy from an insurer And if your car faces damages or you cause damage to others via the insured car, your insurer will offer financial assistance, as per the applicable terms and conditions.

we have curated different car insurance plans to suit your unique needs. Whether you want the basic Third-party Insurance Policy or Bumper-to-Bumper Car Insurance, you can choose from different types of insurance plans for your car.

You can also customise the Insured Declared Value (IDV) and choose from an array of suitable add-on covers to enhance the coverage in case of a Comprehensive Policy. Note that you must renew your car insurance policy within the expiry date to enjoy continuous coverage. You can quickly renew car insurance online through our simple, easy-to-use mobile app or website.

Why do you need car insurance?

Adherence to the law

The Motor Vehicles Act, 1988 mandates all motor vehicles, including electric cars, to be insured with Third-party Insurance. Failure to adhere to the law invites a penalty of up to Rs. 4,000 and/or imprisonment. Thus, it is essential that you buy/renew car insurance to comply with the law.

Shield against third-party liabilities

Third-party liabilities arise when your insured car causes damages to a third party’s property or injuries to a third party. Staying financially protected by insuring your car with 3rd Party Insurance (or Comprehensive Insurance) protects against financial burdens caused due to third-party liabilities.

Coverage against natural calamities

Floods, cyclones, earthquakes and other natural calamities can cause severe damage to your car, and the extent of the repair cost can be enormous. Comprehensive Car Insurance offers financial support for car repairs due to unexpected natural disasters.

Personal Accident Cover

By insuring your car, you can avail the benefit of the Personal Accident Cover of up to Rs. 15 lakh. In case of bodily injuries, death or disability while driving the car, the policyholder (or the owner-driver) gets compensation under this cover.

Coverage against vehicle theft

Suppose your insured car is stolen and is non-traceable. In that case, your Comprehensive Car Insurance Policy compensates you for your financial loss. Here, ACKO shall ensure the claim for car theft is settled quickly without any hassles.

Reduced financial burden

A massive dent or a scratch on your car due to an accident or natural or manmade calamities can lead to financial losses. For coverage against these liabilities, buy Comprehensive Car Insurance or Own Damage cover and stay protected against unforeseen financial losses.

We are a general insurance company. Now, before those words conjure images of beige walls and bleak souls in your head, let us tell you we are vibrant and vivacious, and were founded to break that drab mould you were about to cast us in.