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Policy purchase, claims, renewal & more Thank You for your interest in our product. We'll get in touch with you shortly to answer your queries. Last login: 082020 11:53:14 To ensure you don't miss out on our best deals, simply provide your mobile number below. We'll reach out to you with personalized offers for you. Share your mobile number for offerings. Your vehicle registration number is the unique vehicle identification number issued by Regional Transport Office (RTO) and mentioned in your vehicle RC book. The vehicle registration number is printed on license plate and affixed to your vehicle. Kindly note: While entering your vehicle registration number, please be careful about similar looking characters and number, like alphabet ‘O’ being used in place of number 0 or vice-versa. Comprehensive car insurance combines third-party car insurance and own damage insurance into a single policy. As per the Motor Vehicles Act, it is mandatory for all motor vehicles plying on Indian roads to get a third party liability cover. But such a cover does not pay for any damages that your car may sustain in an accident. Therefore, you must opt for a comprehensive car insurance policy for complete financial protection in the aftermath of an unforeseen event. A comprehensive car insurance will also protect you from losses due to car theft, or any damage to the car resulting from causes other than traffic collisions. As buying a car is a big investment, it is prudent to insure the same to safeguard your investment. A comprehensive car insurance policy covers losses/damages to you and your car in addition to protecting you against third-party liabilities. You should opt for this type of car insurance online if you wish to get financial protection from losses caused due to accidents, theft and natural disasters. The comprehensive plan is recommended by experts for all-round financial protection. The premium for such a policy consists of both a third-party premium and an own-damage (OD) premium. While the third-party premium is decided upon by the insurance regulator, OD premium varies based on the car’s make-model, age of the car, engine capacity, and geographical zones. In case you do not already have the requisite Personal Accident Cover (PAC), you can also opt for the same along with your comprehensive car insurance. The government of India mandates that all drivers on Indian roads have a PAC of at least ₹15 lakh sum assured. While it is mandatory that you get at least a third-party insurance , it is better to invest in a comprehensive car insurance as it would also provide you with: Cover against natural calamities The weather conditions have become highly unpredictable. A sudden downpour can lead to flash flooding almost in any city in India. Such a flood could also cause damage to your vehicle. This is where a comprehensive car insurance can come in handy and help you save on repairs. Cover against man-made acts But natural calamities are not the only risk
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also cause damage to your vehicle. This is where a comprehensive car insurance can come in handy and help you save on repairs. Cover against man-made acts But natural calamities are not the only risk your car faces. It could also be stolen or be subject to other malicious acts. A comprehensive car insurance policy would also protect you from the financial implications of such an act. A third party liability insurance A comprehensive car insurance includes a third party liability cover by default. Access to add-on covers Not everyone has the same car insurance needs. You can customize your car insurance policy through add-on covers that provide protection under specific conditions that are more likely to affect you. Some of the more popular add-on covers include zero depreciation cover , engine and gearbox cover and return to invoice cover. If you are still not convinced, here are a few more benefits of buying a comprehensive car insurance policy: Some of these scenarios may seem a little far-fetched, but they are within the realm of possibilities. While you cannot predict when an accident may happen, it is best to be prepared for all eventualities when a large investment is involved. When you buy an insurance cover from ICICI Lombard General Insurance, you join a family of over 4 crore satisfied customers. You can reach out to our team any time of the day, from anywhere in the country for assistance with your car insurance policy. You can just call us and we would guide you through the simplified claims process ensuring faster settlement. You also get access to our vast network of cashless garages. You can get your car repaired at these garages without having to shell out even a single rupee from your pocket for the covered damages. The claims are settled in a completely hassle-free manner and the payment made directly to the garage. Our strong online presence allows you to not just buy and renew policies online, but you can also file claims completely online making the process much simpler than ever before. ICICI Lombard also offers a large bouquet of add-on covers through which you can customize your coverage to your specific requirements. Hi there! Let us help you explore and buy a new policy. ICICI Lombard House, 414, Veer Savarkar Marg, Near Siddhi Vinayak Temple, Prabhadevi, Mumbai - 400025. Reg. No.115 Email: Fax no - 022 61961323 Contact - 1800 2666 ICICI Lombard General Insurance Company Ltd. is one of the leading private sector general insurance company in India offering insurance coverage for motor, health, travel, home, student travel and more. Policies can be purchased and renewed online as well. Immediate issuance of policy copy online. ICICI trade logo displayed above belongs to ICICI Bank and is used by ICICI Lombard GIC Ltd. under license and Lombard logo belongs to ICICI Lombard GIC Ltd. Insurance is the subject matter of the solicitation. The advertisement contains only an indication of cover offered. For more details on risk
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and Lombard logo belongs to ICICI Lombard GIC Ltd. Insurance is the subject matter of the solicitation. The advertisement contains only an indication of cover offered. For more details on risk factors, terms, conditions and exclusions, please read the sales brochure carefully before concluding a sale. CIN: L67200MH2000PLC129408 An OTP is sent to on SMS, WhatsApp and the given email ID. Error message here Get your details auto-filled after entering the OTP sent to your registered email ID We will send you an email with instructions on how to reset your password. If you are an existing customer of erstwhile Bharti AXA General Insurance, please call our customer support helpline on 1800-103-2292 or write to us on [email protected].
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Policy purchase, claims, renewal & more Thank You for your interest in our product. We'll get in touch with you shortly to answer your queries. Last login: Your vehicle registration number is the unique vehicle identification number issued by Regional Transport Office (RTO) and mentioned in your vehicle RC book. The vehicle registration number is printed on license plate and affixed to your vehicle. Kindly note: While entering your vehicle registration number, please be careful about similar looking characters and number, like alphabet ‘O’ being used in place of number 0 or vice-versa. Your vehicle registration number is the unique vehicle identification number issued by Regional Transport Office (RTO) and mentioned in your vehicle RC book. The vehicle registration number is printed on license plate and affixed to your vehicle. Kindly note: While entering your vehicle registration number, please be careful about similar looking characters and number, like alphabet ‘O’ being used in place of number 0 or vice-versa. Also known as third-party liability insurance, third-party car insurance is a type of coverage plan that assists you in covering any legal or financial liabilities that arise out of an accident. This type of car insurance applies to damage or loss you may have inflicted upon a third-party individual, vehicle, or any other property. However, it does not cover damages to your own car or you. If you are found driving without a valid insurance policy, you will have to pay a hefty fine or, in some cases, face imprisonment. Moreover, you would have to cover all the financial and legal liabilities arising out of the incident. Saves you money and efforts. Being caught driving without a valid car insurance policy puts you in the wrong side of the law. You’ll have to either pay a monetary fine of ₹2000 or face imprisonment of up to 3 months when you are caught for the first time. Next time onwards the fine becomes ₹4000. A third-party insurance is the most affordable type of coverage you will find. Even though it doesn’t cover your own damages, you are protected from paying a large sum of money as compensation to third party damages resulted in an accident with your car. Under this policy we will extend legal support to you in your defense proceedings in a court of law, should you need it. In India, if you want to buy a car, you have to buy car insurance with it. The law makes it mandatory for you to do so. As per the Motor Vehicles Act, you need to have basic insurance coverage to legally drive on the road. Since it’s the law, everybody has to get a policy. However, do you know why the rule is so? Every driver and every vehicle can become a part of an accident. In an accident, you might end up damaging your car and hurting yourself. For these scenarios, people buy motor insurance policy. However, insurance is more than just a legal purchase formality. In case of an accident where some other people or their assetsher property in an accident with
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people buy motor insurance policy. However, insurance is more than just a legal purchase formality. In case of an accident where some other people or their assetsher property in an accident with your car. ICICI Lombard is one of the most reliable general insurance companies in the Indian market. Hence, it is often the benchmark of what an insurance product should be like. This applies to third-party insurance as well. It can protect you from legal liabilities arising out of: Permanent injury of a third-party Death of the third-party Property damage to the third-party Just like most other insurance providers, a third-party plan with ICICI Lombard has a tenure of one year. As the name suggests, a third-party policy focuses on another individual involved in an incident that happened with your car. In such a situation, you are liable to pay compensation for any physical harm or property damage that this individual may face. Depending on the damage, this compensation can be too much for you to pay out of your own pocket. Moreover, there can be a legal issue if the third-party chooses to take the matter to the police or the court. In such a situation, we will cover the costs for you. ICICI Lombard will cover all liabilities that are included in the terms and conditions of your coverage. We will compensate the third-party for injuries and property damage. Hence, having a third-party insurance cover reduces the financial burden in the case of an accident or any other mishap. No, a third-party insurance is one of the cheapest insurance products you will find. The price of the insurance product depends on the coverage it offers. In the case of a third-party plan, the coverage is solely for the liabilities that may arise out of an accident. This can include financial liabilities like paying compensation for injuries or property damage. It also includes legal liabilities like having to deal with the FIR that has to be filed after the incident. All of these combined can take a toll on your pocket. In such a scenario, a third-party insurance plan covers for you. The insurance regulatory body, IRDAI, has standardised premium for third party car insurance, and it depends only on the cubic capacity of your car. This means the price you pay for a third party policy is the same irrespective of the insurer. Having a third party cover for your car is necessary, but it may not be sufficient. A third party policy protects you from unexpected liabilities that may amount in lakhs. It also saves you from getting a traffic fine while driving. But your own car remains at risk. You’ll have to bear all the repair costs on your own if your car gets damaged. This is why a comprehensive insurance policy is recommended for any car owner. “But I hardly take my car out on the road.” Your chances of getting into an accident may be lower, but what about theft? Every year, thousands of motor theft cases are reported to police and it is the least solved crime as per police data#. “But
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chances of getting into an accident may be lower, but what about theft? Every year, thousands of motor theft cases are reported to police and it is the least solved crime as per police data#. “But my car is very old.” It’s true—as your car ages, its value reduces due to depreciation. This means your car’s insured declared value becomes lower. But it also means that your premium for own-damage will be lower. Why pay for any damage when you can get it covered at an affordable price. Having third party car insurance doesn’t mean you can’t get a policy to cover damages to your car. We have introduced stand-alone own-damage private car package policy (OD policy) just for this. You can now choose your car’s coverage, customise the plan, and pick add-ons of your choice and buy an OD policy online seamlessly. “My third party policy is from another insurer.” No reason to stress. You can still get a stand-alone own-damage policy from us. As third party and stand-alone own-damage policies have different type of coverage, you can avail the two policies from different insurers. All you have to do is visit our website and click on Renew . Fill in your policy number and make the payment to renew your policy instantly. You will receive your new policy documents through e-mail. Online renewal also offers you a lot of options. One such option is to review your coverage and get a better deal. While renewing your policy online, you can go for a different coverage without having to go through the hassle of buying a new policy. The process of making claims in third-party policies is different than that of comprehensive policy. Due to the legal liabilities involved, the process itself has legal formalities that need to be carried out. Moreover, the process for making claims can be different if there is a special condition involved in the incident. Here is the basic process of making a third-party insurance claim: Our customers have rated us I just purchased this car insurance policy because of the following reason even after getting cheaper offer from other competitors: 1. Proper follow up and prompt update 2. The way your team explained the feature of policy such as 24x7 road side assistance, zero depreciation, and high number of cashless garages etc. 3. Excellent customer service Your team was very helpful in telling the details of the premium breakup and the IRDA specific mandates. Unlike others, they informed me about the terms and conditions of zero depreciation coverage in the car insurance policy. Thanks for advising and helping with information. Nice support and assistance given by your support team for renewal of my car insurance policy. Because of service and benefits offered by ICICI Lombard, I migrated from existing insurance firm to ICICI Lombard. Very helpful team of ICICI Lombard, they explained each and everything about the policy with patience which made me to buy car insurance right now. Thanks. Thank you for the excellent service and clarification
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team of ICICI Lombard, they explained each and everything about the policy with patience which made me to buy car insurance right now. Thanks. Thank you for the excellent service and clarification provided in even the minute details. Helped me a lot and I got a clear insight of the ICICI Lombard car insurance services. Thank you again. Keep up the good work. I renewed my car insurance policy online, it was a very good experience I got a very nice guidance by your team. I would like to give 5 stars rating for the service. Your sales representative has been fantastic on his customer service skills. He has been very informative, and ensured that, I as a customer is completely comfortable before making the move to buy car insurance policy. Wish him good luck and graceful career ahead. I am extremely satisfied with the way your Customer Support Executive addressed my need over phone and helped me renew my car insurance policy which was expiring today. His excellent service encouraged me to take this policy from ICICI Lombard instead of going to some other service provider. Keep up the good work. I was serviced by your team, they explained all the silent features of the car insurance policy and helped me to renew my car policy from ICICI Lombard. I am very much impressed with the customer care representative of ICICI Lombard, who helped me in the process of renewing my car insurance policy over the phone. She explained each and every information of a policy. Thank you. I am really delighted by the support, guidance and behavior of ICICI Lombard representative. The way she has guided me it’s really outstanding. "A Brand cannot be created by advertisement, it can be created only by good Customer Experience" A real caring human touch for the customer. She is an asset for any Organization. All the Best, Thank You To whomsoever it may concern, would like to acknowledge the excellent support provided by ICICI Lombard team in purchasing a new car insurance policy. They explained me inclusion & exclusion of a policy. Great job. Please keep it up. I spoke with one of your representative, she was brilliant in order to make me understand all the benefits of the car insurance and very calmly shared the exclusions. Amazing customer service given by her. I wish her all the best for all her future endeavors. It was a pleasure interacting with your team to buy an insurance policy for my car. They had a great understanding of the product and its features. An absolute customer delight. Great follow up and persistence from ICICI Lombard team. They had clearly elaborated on the options and the plan available in car insurance. They had been following up for the last 20 days with patience. Kudos!! Hi! I received an excellent support from your sales executive to get my old Car Insurance renewed with ICICI Lombard. He explained all the intrinsic details about the policy that I was looking for. His explanation and inputs helped me to make a decision of buying this policy. I
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Insurance renewed with ICICI Lombard. He explained all the intrinsic details about the policy that I was looking for. His explanation and inputs helped me to make a decision of buying this policy. I appreciate his customer centric approach and his patience. I’d like to take a moment to express my appreciation for your team member, who was extremely helpful when I called the customer care to renew my Car Insurance policy 300103/000. It was good to start the year with a positive customer experience. Thanks Thanks to your salesperson, my experience of purchasing car insurance from ICICI Lombard was remarkably smooth. She explained to me the advantages of the policy, such as personal accident coverage of Rs. 2 lakh, in a clear and simple language. I’m really grateful for her assistance. ICICI Lombard’s agent gave me complete information about the policy benefits, including roadside assistance and coverage against third-party legal liabilities. Moreover, she satisfactorily answered my queries, and made the policy buying experience seamless and easy for me. Thanks for being so supportive. I got a prompt and excellent service from ICICI Lombard while purchasing a car insurance plan. Your agent gave me a comprehensive explanation about the benefits of the policy, including roadside assistance for accommodation and minor car repairs. Thanks for the fantastic experience! I had a nice conversation with your customer care executive. He explained clearly the ins and outs of your car insurance plan including benefits such as inbuilt personal accident coverage. The polite way in which he answered each and every of my questions convinced me to purchase the policy. My experience with ICICI Lombard’s customer care department has been very good. The executive that I spoke to was professional and courteous. Though the system faced some issues with the login and vehicle description, all in all, the process of policy purchase was very easy for me. I’m delighted with ICICI Lombard’s customer service. The customer care person was very meticulous with his follow-ups, and ensured that the process of buying the car insurance policy was quick and easy for me. Good work! Keep it up. The agent handled our interaction in a smooth and professional manner. She was able to resolve the technical glitch I’d been facing while buying ICICI Lombard’s car insurance policy online. I really appreciate her patience, and wish her great success for the future. I received excellent support from your customer service associate while purchasing my car insurance policy. She made regular follow-ups, resolved all my queries, and really managed to convince me to become a policyholder with ICICI Lombard. God bless her! Just bought a car insurance policy from ICICI Lombard. Your agent helped me to understand the benefits of the policy, such as coverage against third-party liabilities as well as roadside assistance for minor repairs and accommodation. She deserves a good rating for providing me with
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the benefits of the policy, such as coverage against third-party liabilities as well as roadside assistance for minor repairs and accommodation. She deserves a good rating for providing me with much-needed guidance. The salesperson was of great help to me while I was buying car insurance from ICICI Lombard. He showed genuine interest in answering all my queries, and helped me to complete the purchase. Appreciate his patience. Keep it up! I renewed my car insurance with ICICI Lombard today. I’m happy with the comprehensive explanation of the policy provisions that was provided by your customer service associate. He even helped me to buy an accident insurance plan. Appreciate the support. I would like to thank your customer sales representative for helping me choose the right policy for my car. She shared with me all the information I’d requested for with regard to your insurance plan. Kudos to her for the excellent support! My conversation with your insurance advisor regarding the purchase of my car insurance plan turned out to be quite nice. He simplified the ins and outs of the policy, principally the advantages such as personal accident cover of Rs. 2 lakh. Thanks for the lucid explanation! I’d been looking up car insurance quotes online when your executive gave me a call. She sold me the idea of renewing my insurance with ICICI Lombard by highlighting the policy benefits like personal accident cover of Rs. 2 lakh, and coverage against third-party legal liabilities. Had a smooth, hassle-free experience while buying car insurance from ICICI Lombard. The customer service representative gave an excellent description of the policy advantages such as cashless services across an expansive network of garages. I am glad to have made the decision to buy the plan. Your executive spoke with me for nearly an hour in order to help me buy the right policy for my car. His precise answers to all my insurance queries has left me impressed. His dedication and devotion to his work is clearly evident. I wish him a successful career with ICICI Lombard. ICICI Lombard’s executive was very diligent with his follow-ups. He responded to my queries in a courteous manner, and guided me through the purchase of my car insurance. I would love to interact with him again in the future for any insurance needs. Thanks for being so helpful! Received timely assistance from your customer service department when I was looking for guidance with regard to buying car insurance. The agent had good communication skills, and explained all the important details about the policy such as the inclusions and exclusions of coverage. Your customer service associate came to my aid when I was looking to switch my car insurer. He helped me in the best possible way to renew my policy with ICICI Lombard. Really appreciate the guidance I was provided with during the purchase. I’d been on the hunt for a new car insurance company, and so decided to get in touch with your team. Your executive answered
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Really appreciate the guidance I was provided with during the purchase. I’d been on the hunt for a new car insurance company, and so decided to get in touch with your team. Your executive answered my queries regarding the renewal process. Her good technical knowledge of the policy prompted me to renew my car insurance with ICICI Lombard. A big thumbs up to ICICI Lombard’s customer service! The insurance advisor I spoke with was very patient, and convinced me to buy the car insurance policy. Hope to receive a high standard of service from your other advisors too. Thanks. Thanks to your salesperson, I was able to buy car insurance from ICICI Lombard without any complications. She was polite and respectful, and gave some valuable assistance to help me out with the purchase. I’m fully satisfied with the service provided. Your agent spoke clearly and gave me a succinct outline of your car insurance plan. He simplified the policy buying process for me by walking me through each and every step. Looking forward to a good experience from ICICI Lombard in the future too. I’ve renewed several of my insurance policies in the past, but my experience while renewing car insurance with ICICI Lombard was the best. Your agent explained clearly and understandably all policy-related details. I’ve decided to renew all my other insurance plans with you in the future. Just bought a car insurance plan online from ICICI Lombard. The salesperson explained to me the policy provisions in a clear manner, especially the benefits such as coverage on replaced parts of the car. He helped me to choose a suitable plan for my insurance needs. I would like to thank him for his support. Thanks to your customer support associate, I was able to get the best insured declared value (IDV) and maximum number of add-ons, including a free Carnot device which keeps track of my car’s health. He also explained the features of your car insurance plan in detail and later, helped me to complete the payment online. Your salesperson walked me through the terms and conditions of your car insurance plan. She spelled out clearly the policy features like coverage against loss or damage to the car by natural and manmade calamities, and other facilities offered by ICICI Lombard. I would like to wish her all the best for the future. Hi there! Let us help you explore and buy a new policy. ICICI Lombard House, 414, Veer Savarkar Marg, Near Siddhi Vinayak Temple, Prabhadevi, Mumbai - 400025. Reg. No.115 Email: Fax no - 022 61961323 Contact - 1800 2666 ICICI Lombard General Insurance Company Ltd. is one of the leading private sector general insurance company in India offering insurance coverage for motor, health, travel, home, student travel and more. Policies can be purchased and renewed online as well. Immediate issuance of policy copy online. ICICI trade logo displayed above belongs to ICICI Bank and is used by ICICI Lombard GIC Ltd. under license and Lombard logo belongs to ICICI Lombard GIC Ltd.
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Immediate issuance of policy copy online. ICICI trade logo displayed above belongs to ICICI Bank and is used by ICICI Lombard GIC Ltd. under license and Lombard logo belongs to ICICI Lombard GIC Ltd. Insurance is the subject matter of the solicitation. The advertisement contains only an indication of cover offered. For more details on risk factors, terms, conditions and exclusions, please read the sales brochure carefully before concluding a sale. CIN: L67200MH2000PLC129408 An OTP is sent to on SMS, WhatsApp and the given email ID. Error message here Get your details auto-filled after entering the OTP sent to your registered email ID We will send you an email with instructions on how to reset your password. If you are an existing customer of erstwhile Bharti AXA General Insurance, please call our customer support helpline on 1800-103-2292 or write to us on [email protected].
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Welcome to the our news Portal, We provide Latest Government News and latest Finance News. We also cover all the Government, Educational news, Updates, and the latest trending topics. Global News Insuranc e Schemes Economy Finance Address Janki Vihar, Lower Nehrugram Dehradun UR 248005 IN
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Policy purchase, claims, renewal & more Thank You for your interest in our product. We'll get in touch with you shortly to answer your queries. Last login: Prices starting at just ₹2,094/yr B IDV: ₹ NaN Premium And, we think you will too. for a hassle-free service through our IL Take Care app Call Center Chat 265+ branches A comprehensive car insurance policy, also known as motor package insurance, saves you money when your car is damaged in an accident or natural calamity. It also covers your vehicle against theft and burglary. At times, you may end up hurting others or damaging property in an accident. A car insurance policy covers such third-party liabilities as well. If you own a car in India, having third party car insurance is a must for you. That’s why it’s crucial to buy and renew your policy on time to stay on the right side of the law and be covered against car damages. At an affordable premium, our reliable car insurance policy protects you against all these risks so that you can drive worry-free. Apart from comprehensive car insurance, third-party only and own-damage only car insurance policies are also available. You can choose the policy type as per your needs. Car insurance for electric vehicles (EVs) covers you financially for any damages caused to your electric four-wheeler by natural or man-made disasters. Like general car insurance, car insurance for EVs compensates for damages caused to your car and covers third-party liabilities as per the policy’s terms and conditions. If you own an EV, you can protect yourself financially from expensive repairs if it gets damaged with the help of car insurance for EVs. Comprehensive car insurance , also known as a private car package policy, is a type of auto insurance that provides complete coverage for your vehicle. It is an optional car insurance policy but is highly recommended for car owners who want the best protection for their four-wheelers. Comprehensive car insurance covers damage caused by natural disasters, accidents, theft, fire, and other such incidents. It covers damages to both your vehicle and third-party vehicles and property. This car insurance policy also covers third-party liabilities, which will cover any legal costs or compensation you may be liable for in case of an accident caused due to your fault. In addition, some comprehensive policies also offer additional benefits such as roadside assistance, towing service and more. Even though comprehensive insurance policies tend to be more expensive than Third-Party Liability or Standalone Own Damage policies, but they offer broader coverage. Standalone own-damage insurance, also known as "Standalone OD", is a type of car insurance policy that is designed to cover damage to your own vehicle in case of an accident. It is an optional coverage that can be purchased in addition to the mandatory third-party liability insurance. This four-wheeler insurance policy can be bought online, and it covers damages to your own car in
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optional coverage that can be purchased in addition to the mandatory third-party liability insurance. This four-wheeler insurance policy can be bought online, and it covers damages to your own car in case of any natural or man-made disasters such as accidents, fire, theft, and so on. If you own an older car or a car that is not in the best condition, purchasing a Standalone OD policy is highly recommended as it will cover the cost of repairs, or in case the car is beyond repair, the policy will cover the market value of the car. When you buy car insurance online, you can choose the coverage limit that best suits your needs and budget. Standalone OD policies do not cover damage to third-party vehicles or injuries to third-party individuals; for that, you need to have a separate third-party liability insurance coverage. Third-party liability car insurance is a mandatory car insurance policy legally required to drive any car on Indian roads. This car insurance policy protects you from any legal responsibility in an accident where you may have caused harm to someone or their property by mistake. This car insurance policy also covers the cost of damage caused to a third party's vehicle. When it comes to buying car insurance online, this is a must-have for any car owner as it acts as a safety net that financially protects you in case of an accident. It's important to note that this car insurance policy only covers the compensation that you may have to pay to the person you caused damage to. It does not cover any damage to your own car or injuries to yourself or your passengers. Therefore, buying a separate policy like Standalone Own Damage Insurance or a Comprehensive Insurance policy is necessary to cover damages to your vehicle. The coverage limit for third-party liability insurance is set by the Indian Motor Tariff and is currently at ₹7.5 Lakh for injurydeath of multiple persons and ₹2 Lakh for damage to third-party property. As your car ages, the value of its parts decreases or depreciates. If it gets damaged in an accident, your insurer will only pay its current value, which could be way less than what you paid to purchase your car. With zero depreciation cover, the insurance company offers 100% coverage for all fiber, rubber and metal parts without depreciation deduction. Also known as "bumper-to-bumper" or "nil depreciation" insurance, the Zero Depreciation add-on policy is particularly useful for new cars, as it makes sure that you get the total value of the parts that need to be replaced without having to pay for any depreciation. When you buy car insurance online, you can add this coverage to your comprehensive insurance policy. It is also available as a standalone policy for four-wheeler insurance. With Zero Depreciation car insurance, you can avoid the hassle of calculating the depreciated value of the damaged parts and can get them replaced with new parts without any additional cost. Comprehensive car insurance is a more comprehensive
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avoid the hassle of calculating the depreciated value of the damaged parts and can get them replaced with new parts without any additional cost. Comprehensive car insurance is a more comprehensive policy that covers not only third-party liabilities but also damage to your own vehicle. On the other hand, third-party car insurance only covers legal liabilities in case of an accident. Comprehensive car insurance also offers add-ons like zero depreciation and roadside assistance, whereas third-party insurance only includes mandatory coverage as per law. Comprehensive car insurance has a higher premium as compared to third-party insurance, but it provides complete protection for your car. The choice between the two depends on your budget and the level of coverage you desire. You can easily buy car insurance online or offline, but third-party insurance is mandatory and needs to be purchased before registering a car. We make life simpler! Affordable premiums, easy renewals, quick claim settlement are some of the key features of our private car package insurance policy. We also have a set of certified workshops that provide digital survey for speedy claim processing, pick-up and drop, sanitization of high touchpoints on your car, dedicated customer service manager and quality assurance on repairs. Besides, we also offer unique additional covers at a nominal extra premium that can significantly boost your car insurance plan. By opting for add-ons in a car insurance policy, you can save a lot of money in repairs. Policy documents: Downloads <span> Policy documents: <docsdefault-document-librarya> <span class="divide_line"> | </span> <a class="policy_doc" href="default-sourcestand-alone-own-damage-private-car-insurance.pdf?sfvrsn=39fd6811_2" target="_blank"> Standalone own damage private car insurance policy wordings </a> <span class="divide_line"> | </span> <a class="policy_doc" href="default-sourceprivate-car-liability-policy.pdf?sfvrsn=39fd680c_2" target="_blank">Private car liability policy wordings<span> <a class="policy_doc" href="https:www.icicilombard.comdefault-sourceicici-lombard-annaul-report_2022.pdf" target="_blank">Annual Report 2022< missing personal belongings like laptops, phones, clothes, etc. For detailed terms & conditions of above covers, read Private car package policy wordings , Standalone own damage private car package policy wordings ICICI Lombard car insurance is easy to buy and renew online. Once you purchase our car insurance policy, we email your policy documents and also send a hard copy by post. You can then drive worry-free, because – Before buying car insurance online, read the policy details and fine print, and ask questions to clarify anything you need help understanding. Regularly reviewing your car insurance policy can help ensure that it continues to meet your needs and that you're not overpaying for coverage you don't need. Check the policy inclusions and exclusions thoroughly to know what’s covered and what’s not.
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ensure that it continues to meet your needs and that you're not overpaying for coverage you don't need. Check the policy inclusions and exclusions thoroughly to know what’s covered and what’s not. Choose the right type of policy & coverage to ensure that you are well protected at the time of claim. Add-ons come with great benefits at a nominal extra charge and each one of them serves a specific purpose. Evaluate them closely and pick the ones you need to cover your car against accidental damages reasonably. Availability of cashless garages, easy claims process and reliable customer support are a must. While you can save on premium by choosing a lower IDV, it will serve you good at the time of claim if you get an IDV close to your car’s market value while buying the policy. It’s fast and convenient! Explore coverage, choose add-ons, and make the payment in just a few minutes. Just enter your car registration number and contact details to get an instant quote. It only takes a few minutes to buy car insurance online. Pick a plan that suits your needs, share a few details, make payment and that’s it! Your policy is issued in no time. Got questions? Our experts will answer all your policy related queries so that you have all the information you need. You don’t have to submit any documents or fill any physical forms. Just submit a short online form, make online payment and get your car insurance policy issued with zero paperwork. No human contact is needed when you buy car insurance from online. You can even complete inspection online on our IL Take Care app in case you have a gap/ break in your policy. No hidden fees or charges. You get to choose the plan & coverage and customize it the way you want. What you see is what you get. Your car insurance premium includes three major components: Third-party liability premium – this is stipulated by the Insurance Regulatory and Development Authority of India (IRDAI), and it is directly proportional to your car’s cubic capacity. Own damage premium – this is calculated as IDV X – + Add On Covers Personal accident cover premium + Additional covers Factors that affect these three components and your final car insurance price, include: No matter what type of car you drive, certain discounts can bring down your car insurance price - If you made no claims in the past years, you get up to 50% NCB. If you’ve taken special measures to keep your car from getting stolen, you are eligible for a discount on your car insurance premium. Typically, you would receive a 2.5% discount for fitting an anti-theft device (approved by ARAI) on your car. It is unwise to reduce IDV to save on premium. In case of an accident, you would find yourself at a disadvantage. Instead, ride safe and take security measures to get discounts on car insurance. IDV in car insurance plays a key role in determining your car insurance price In a car insurance policy, the Insured’s Declared Value (IDV) is the fixed value at which we insure your vehicle.
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IDV in car insurance plays a key role in determining your car insurance price In a car insurance policy, the Insured’s Declared Value (IDV) is the fixed value at which we insure your vehicle. We calculate the policy sum insured based on the manufacturer's listed selling price of the vehicle + the listed cost of any accessories. We derive the amount after deducting the depreciation for every year as per the Indian Motor Tariff. Suppose you have installed any electronic item in the car, which is not included in the manufacturer's listed selling price. In that case, we add the actual value (after depreciation) of the item to the policy sum insured over and above the IDV. As per the Motor Vehicles Act of India, it is compulsory for all vehicles running on the road to be insured. As a car owner, you must have third party liability coverage. As per the new Motor Vehicle Act 2019, you can get a traffic fine of ₹2000 for driving without car insurance. If you get caught for a second time, the penalty would be ₹4000. Our car insurance policy provides ₹15 lakh coverage for injuries to the registered owner driver while travelling in the car, or getting in or off the car. We have a network of 5600+ cashless garages that take care of your car post damage. We pay for the repairs as per the claim and settle the dues directly with the garage. Our car insurance policy covers any damages to your car due to accidents or natural calamities and takes care of the repair costs. In case your car is stolen and cannot be recovered, we pay for your loss. It’s quite simple - Based on your choices, we will calculate and display your premium instantly. New Car Insurance If you’ve purchased a brand-new car, buying car insurance is the first thing. Compare quotes from multiple insurers and buy a policy that fits your requirements. It’s wise to opt for a comprehensive policy to remain adequately cushioned. Old Car Insurance If you’ve got a second-hand car, it’s equally important to insure it. While doing so, consider the car’s age, your needs, IDV and add-ons, among others. Pay lower premiums for your car insurance with Pay As You Drive add-on Pay-as-you-drive cover operates on the simple rule that you should pay less insurance price if you drive less. Since you are not out on the road often, you have a low accident risk, and your insurance bill should reflect the same. Depending on your driving needs, you can opt for 5000 and 7500 km/year plans. If you exceed your plan's kilometers, you can top up your insurance coverage with more kilometers for that particular policy year. Unlike other car insurance policies in the market, these newly introduced add-ons are designed to give you more control of your motor insurance costs. Since standard car insurance premiums depend on geography, make-model, and age of the vehicle and are not based on their usage, most car owners who opted for Pay as you drive policy saved on their premiums. Our experience with the Pay as you drive policy under
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and age of the vehicle and are not based on their usage, most car owners who opted for Pay as you drive policy saved on their premiums. Our experience with the Pay as you drive policy under the Sandbox regulation in 2020 also helped us learn that 56% of customers chose to Pay as you drive over conventional insurance due to its cost-effectiveness and usage-based premiums. In comparison, 22% bought this policy due to its telematics benefits. Set up a reminder and get renewal offer from us. Thank you. We will be in touch with you in due time with our renewal offer. Please enter the below details Renewing your car insurance online is just a matter of a few clicks. Some of the benefits of online car insurance renewal include - Renewing your car insurance on time is important and mandatory for several reasons: Legal compliance: It is mandatory to have a valid car insurance policy. Driving without insurance can result in legal consequences, such as fines or imprisonment. Financial protection: Renewing your car insurance policy on time ensures financial protection in case of an accident, theft, or other unexpected events. This means you won't have to pay for damages or injuries out of your pocket. Continuous coverage: If you renew your car insurance policy on time, you will maintain continuous coverage, which is important if you get into an accident or have a claim. No-Claim Bonus: If you have a no-claim bonus and renew your policy on time, you will maintain the bonus, which can result in a lower premium. Peace of mind: A valid car insurance policy provides peace of mind knowing that you are protected if anything unexpected occurs. If your policy expiry is too far way, set up a reminder with us below: When you’re shopping for the right car insurance online, here are some points to remember. To file a claim for your car insurance policy, you can follow these steps: Legal compliance: It is mandatory to have a valid car insurance policy. Driving without insurance can result in legal consequences, such as fines or imprisonment. Contact us immediately after the accidentCover note number mentioned on your policy document, your four-wheeler vehicle's Chassis/Registration no, and the nature of the incident with your car. Was it damaged or stolen? Instaspect: Complete a video survey of your car (only in case of car damage) Provide supporting documents required to process your claims successfully. The insurance company will assess the damage to your car and determine the amount covered under the policy. They may also request additional information or documents if needed. We have a network of If you are an existing policyholder of erstwhile Bharti AXA General Insurance, click here to locate your nearest network garage. Learn what is car insurance & how does it work in India. With this blog, explore the types of car insurance along with learning about the various add-ons available. Here is everything you need to know about the third-party insurance claim process to
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India. With this blog, explore the types of car insurance along with learning about the various add-ons available. Here is everything you need to know about the third-party insurance claim process to stay protected under unavoidable circumstances. ICICI Lombard provides comprehensive third-party insurance online. Get it today! Let’s dive in and demystify the world of our own damage and third-party insurance together. In India, third-party car insurance is compulsory for all car owners. Moreover, own-damage car insurance covers you in case of accidents, theft and fire. In case of any untoward incident, you don't have to pay out of pocket for repairs or replacement if you have a valid insurance policy. When you buy car insurance online, you get an instant policy, as there is no documentation or paperwork involved. You also have the advantage of choosing from multiple payment options, e.g. credit card (Visa, Master, AMEX card), net banking, debit card etc. You can insure a private car and two-wheeler online. It takes just a few minutes to buy or renew car insurance online. You just have to enter the vehicle details, contact info and insured details, and pick the covers you need. Once you make the payment, you receive an instant car insurance policy. Yes, they are. In case of online car insurance, once you make payment, we send the policy documents to your email and your registered address. You can check all your car insurance details in your policy documents. You can also log in to our website or IL Take Care app to check the below details: An endorsement is written evidence of an agreed change in the policy. It is a document that incorporates changes in the policy terms. Yes, you need to hold a valid and effective PUC, and terrain etc, with agreement of the insured and as captured in the policy schedule. The age-wise depreciation schedule shown above is applicable only for Total LossCTL)Constructive Total Loss (CTL)or repair of the vehicle, subject to terms and conditions of the policy, exceeds 75% of the IDV of the vehicle. The liability of the Company shall not exceed the Insured's Declared Value (IDV) of the vehicle in the event of total losscash loss for the year in which loss has occurred. In order to ascertain the Total IDV as on date of loss, Tenure-wise chart is accompanied in the policy schedule. Insured Declared Value of Car = Manufacturer's listed selling price - Depreciation Value For instance, if your car is less than 6 months of age and its current market value is Rs. 10,00,000 then at 5% rate of depreciation, the IDV would be around 9.5 lakhs. However, if the car is above 1-2 years, then at 20% rate, the IDV would be 8.0 lakh. * The above provisions of Insured declared value are in line with the erstwhile India Motor Tariff The insured vehicle will be treated as a Total Loss Cash-loss if the aggregate cost of retrieval and constructive total lossConstructive total loss /Cash loss are in line with the erstwhile India Motor Tariff and
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will be treated as a Total Loss Cash-loss if the aggregate cost of retrieval and constructive total lossConstructive total loss /Cash loss are in line with the erstwhile India Motor Tariff and as guided by the Master circular on General insurance products. Third party liability insurance covers losses to a third person who is not a party to the insurance contract. The Motor Third Party Insurance covers the following losses: We cover partial theft, as per the terms and condition of your policy. Please note that theft (both partial and complete) is covered under the policy's own damage section. Yes, you can, if you do not have a valid driving license or if your vehicle is registered in the name of a corporate. Road Side Assistance is a cover that provides you with the necessary help in case you are stranded on the road when your car breaks down. For example, breakdown cover may include jump-starting an automobile, towing a vehicle, changing a flat tyre, providing a small amount of fuel when a car runs out of it, or helping people locked out of their cars. Please refer to the policy wordings for terms and conditions. Usually, when you file a claim under your car insurance policy, you have to pay for the cost of depreciation of your car parts. If you opt for Zero Depreciation add on cover (by paying additional premium), we will cover all the repair/replacement costs without factoring the depreciation element. The following costs are covered under ZD: Repair and replacement costs of fiber part, rubber, batteries, airbags, nylon and plastic parts, denting, painting, and fiber glass. Yes, we do. However, this benefit is applicable in case of accidental damage to the engine only. In order to cover consequential losses to the engine, you can opt for the Engine Protect Plus add-on. It is an add-on, available by paying additional premium. It pays for repair or replacement of an engine, damaged due to water ingression/leakage of lubricating oil. This add-on cover secures your car keys and locks against theft or damage. It pays for repair or replacement of lost or damaged keys and locks, including locksmith charges. You can opt for this cover in your policy by paying a nominal additional premium. It is an add-on, available by paying additional premium. If your car is under repair in an authorized garage after an accident, we pay a fixed daily allowance. You can use it for alternative transport. Please refer to the policy wordings for terms and conditions. Yes, we do cover as per terms and conditions. Yes, we do cover these damages. You can choose between any of these payment options to pay your premium online: Yes, you can avail a 2.5% discount on Own Damage (OD) premium, subject to a maximum of ₹500. This is applicable if your vehicle is fitted with an anti-theft device approved by the Automobile Research Association of India (ARAI), Pune as per GR 28 of IMT. Intimate the claim with us before going to the garage & you can get these benefits at our certified
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device approved by the Automobile Research Association of India (ARAI), Pune as per GR 28 of IMT. Intimate the claim with us before going to the garage & you can get these benefits at our certified preferred garages F : 1) Quick survey (within four working hours) 2) Quality assurance for repairs done under claim for six months or 6000 km, whichever is earlier 3) Complimentary vehicle body wash 4) Complimentary sanitization - on major touchpoints 5) Complimentary towing at the time of the accident Contact our toll-free helpline 1800 2666 or use IL Take Care app to register your claim and get a claim number/ reference number. You can also directly register your request online*, with our Lodge A Motor Claim service. *Please note that as of now, we can process only accidental damage claims through the 'Lodge A Motor Claim' interface. You can make any number of claims in the year. Cashless claim: Under the cashless claim facility, we pay our share of the vehicle repair charges directly to the garage, provided the vehicle is repaired in our network garage. Non-cashless/Reimbursement: If the vehicle is repaired in a garage outside our network's purview, you will have to pay the repair charges to the garage. You can get your claim amount reimbursed by submitting the original bills and payment receipts to our office. Deductible refers to the minimum deduction stipulated under motor insurance regulations to be deducted for each claim. This amount is deducted from the claim amount. You can avail this service for a maximum of four times. You would be able to claim only for the services opted by you at the time of policy issuance. No, NCB will not be impacted, in case you have only raised LOPB or Key Protect claims in the year. We offer four types of car insurance policies online: Car insurance covers damages to your own car, as well as the damages your car makes to others & surrounding property. Some of the risks it covers include fire, theft, natural calamities, explosion and self-ignition. The Insured Declared Value (IDV) in a car insurance policy is the maximum amount we can pay out in claims to you. It is derived as per the market value of your car, at the time of policy purchase. When you buy car insurance online from us, we email the policy documents to you. In case you can't find the original copy, you can download the car insurance certificate/policy from your email again. You can also log in to the IL Take Care app to download the duplicate copy of your car insurance policy online. Yes, you can. You should renew your car insurance policy before expiry of the previous policy. In case your vehicle insurance policy has already expired, our authorized surveyor would require an inspection of the car, before policy issuance. The policy would only be issued subject to satisfactory inspection and submission of required documents. Car insurance is available in annual and long-term (3 years) options. Irrespective of the policy term, you need to renew car
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subject to satisfactory inspection and submission of required documents. Car insurance is available in annual and long-term (3 years) options. Irrespective of the policy term, you need to renew car insurance before it expires, so that there is no break in coverage. In case of a gap between expiry and renewal, you may lose out on claims and your accumulated NCB F . You can transfer your car insurance to the new owner. Under Section 157 (2) of the Motor Vehicles Act, the new car owners will have to apply to us within 14 days of the transfer. We shall make the necessary changes and get the policy transferred in their name. Yes, if you are our customer, or are switching to ICICI Lombard from any other insurance company, and have accrued some NCB from your previous insurer. You can get the same transferred if you renew car insurance within 90 days after expiry (subject to no claim). The same applies if you are switching from ICICI Lombard to other insurance company. Our customers have rated us I just purchased this car insurance policy because of the following reason even after getting cheaper offer from other competitors: 1. Proper follow up and prompt update 2. The way your team explained the feature of policy such as 24x7 road side assistance, zero depreciation, and high number of cashless garages etc. 3. Excellent customer service Your team was very helpful in telling the details of the premium breakup and the IRDA specific mandates. Unlike others, they informed me about the terms and conditions of zero depreciation coverage in the car insurance policy. Thanks for advising and helping with informati
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We are India's #1 * insurance app UID: 6102 | T&C apply UID: 6099 | T&C apply UID: 6101 | T&C apply UID: 6100 | T&C apply ARN: L0089 | T&C apply UID: 6102 | T&C apply UID: 6099 | T&C apply Get coupons now, buy insurance later. Unlock coupons on the ACKO app ABHA is the Aadhaar of healthcare It is already mandatory in AIIMS and will soon be mandatory for admission and insurance in all hospitals, clinics and diagnostic centres in India. Check and pay your challans on the app to unlock better prices on insurance Get real-time FASTag and PUC expiry alerts on the app Get immediate ambulance and medical support on the app Get expert visa support and customised plans on the app On the lookout for your next car? Save as much as ₹80,000* and get express delivery Want a #StealDeal for your next purchase? Get coupons now. Buy when you are ready. Our numbers speak louder than words 8crore users Acko Technology & Services Private Limited #36/5, Hustlehub One East, Somasandrapalya, 27th Main Rd, Sector 2, HSR Layout, Bengaluru, Karnataka 560102 Acko Group Companies: Products Company Legal Support Car Insurance Bike Insurance Health Insurance Group Health Insurance Travel Insurance Life Insurance CIN: U74110KA2016PTC120161 *Listed #1 for “insurance” on the Apple App Store The use of images and brands are only for the purpose of indication and illustration. ACKO claims no rights on the IP rights of any third parties.
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Car insurance price starting at just ₹2,094* Buy or Renew Car Insurance Online in 2 Minutes Car number UID: 5653 | *T&Cs apply Looking to insure brand new car? Zero commissions, big savings UID: 5653 | *T&Cs apply Home Car Insurance Car insurance, also referred to as motor or auto insurance, is an insurance policy that provides you financial protection if your vehicle suffers damages due to accidents, natural disasters, or thefts. With a Comprehensive Car Insurance Policy, you will be financially secured in case of any losses to your vehicle due to an unfortunate event. Apart from that, a private car insurance policy also covers third-party liabilities and ensures that you comply with the law of the land. Whether you are looking to buy a new car insurance policy to comply with the legal norms or looking for comprehensive coverage, ACKO has it all! We offer insurance policies, including private car insurance, third-party car insurance, comprehensive car insurance, and own-damage car insurance online at incredibly low premiums. At ACKO, you will also be able to enjoy a hassle-free car insurance renewal process. Insuring your car with us is simple, easy, and convenient. Being digital-first helps us seamlessly offer almost all of our services online. Additionally, you get the following key features when you buy online insurance from ACKO. 1. Incredibly Low Premiums Thanks to our digital setup, our operational costs are low, and we sell insurance for cars directly to you without intermediary commissions. It allows us to keep the car insurance price low. 2. Zero Paperwork With ACKO, there’s no need to spend time and effort filling out physical forms to insure your car or to renew your car policy. Nor do you have to submit a long list of documents. Everything’s online! Whether you are buying a new car insurance plan or renewing the existing plan, there is no paperwork needed. 3. Stress-free Claims Gone are the days when you had to stress over raising a car insurance claim. With features such as free pickup and drop* and claim tracking, your claims experience with us is bound to be stress-free! (*as per terms and conditions). 4. Instant Claim Settlement ACKO offers instant settlement for minor claims. Major claims may take more time but are settled swiftly as well. Both minor and major claims are settled per the applicable policy’s terms and conditions. 5. Total Convenience Want to buy car insurance at midnight? You can! Renew the car policy on a Sunday; yes, you can! Raising a claim request on a public holiday; why not? With ACKO, you get total convenience for all things insurance! Buy car insurance online anytime, anywhere! 6. 24x7 Support We know that accidents are unpredictable. Thus, you can avail of our 24x7 support, one way or another, as and when you require assistance with your car policy. We are just a call/click away! 7 . Easy Insurance Renewal You can easily go for car insurance renewal with Acko either on the mobile app or on the website.
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require assistance with your car policy. We are just a call/click away! 7 . Easy Insurance Renewal You can easily go for car insurance renewal with Acko either on the mobile app or on the website. Just enter your car insurance policy number and proceed with the renewal process to get the policy renewed on time. ACKO provides different types of car insurance policies for your unique needs. Note that these policies, features, and add-ons are subject to availability. Please refer to the respective policy wording for more details and don’t forget to go for car insurance renewal online with ACKO A Third-party Liability Four Wheeler Insurance Policy covers financial liabilities when you accidentally damage other people's property or cause injuries/death of a third party. A third-party policy is mandatory as per law; however, it does not cover damages to your car. Note: Third-party car insurance premium rates are revised per the IRDAI circular dated 25 May 2022. The Comprehensive car insurance plan all the coverage benefits the Third Party Plan offers. In addition, this plan also covers damages to your car caused by accidents, calamities, fire, rat bites and theft of the insured vehicle. This plan also allows you to top for add-on covers to enhance the policy coverage. This car policy provides all the coverage benefits offered by the Comprehensive Plan. In addition, this plan also covers 100% of the cost of the car parts if a part needs to be replaced during repair. In other words, this plan will cover the depreciation cost incurred by car parts and will offer you the maximum claim amount. Third-party Liability Car Insurance cover proves to be inadequate when it comes to damage to your car from accidents, natural disasters, fire, or theft. Such coverages are provided under an Own Damage Insurance policy. The following table highlights the key differences between comprehensive and third-party car insurance PARAMETER THIRD PARTY CAR INSURANCE POLICY COMPREHENSIVE CAR INSURANCE POLICY Meaning Third-party car insurance is a basic law-mandated policy that covers third-party liabilities. Comprehensive car insurance is an optional policy that provides coverage against damages to your car and third-party liabilities. Coverage Damages to third-party propertydeath of a third party. Third-party property damages, injury or death of the third party and damages to the insured car due to accidents, natural/manmade calamities, theft, etc. Premium Low premium Higher premium due to extensive coverage. Add-ons Not available You can opt for add-on covers. Legally Mandatory Yes No Here are the inclusions of the ACKO Comprehensive Car Insurance Policy. Please refer to the policy wordings for more information about the policy coverage. Also, do not forget to go for car insurance renewal to get continued coverage. If your car causes damages to third-party property/vehicle or life, such losses are covered by the ACKO Comprehensive Car Insurance Policy. Damages caused to your
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renewal to get continued coverage. If your car causes damages to third-party property/vehicle or life, such losses are covered by the ACKO Comprehensive Car Insurance Policy. Damages caused to your car due to accidents/collisions are covered under ACKO car insurance. Damages caused to your car due to accidental fire, vandalism, self-ignition, etc, are covered by the Comprehensive Plan. Car theft is common in India, and you could face a heavy financial loss if your car gets stolen. ACKO’s Comprehensive Policy includes this coverage. Damages from both natural and man-made calamities are covered under a Comprehensive Car Insurance Policy. Damage to your car due to rat bites can lead to significant repairs. It is covered under our four wheeler insurance policy. Here are the exclusions of the ACKO Car Insurance Policy. Please refer to the policy wordings for an exhaustive list of exclusions. Any damage that your car has suffered before buying a policy from us will not be covered. The repair or replacement cost is not covered under the car insurance plan for those car parts that suffer damage over time due to regular use. Any type of manufacturing defect in the car’s component will not be covered under our Comprehensive Car Insurance Policy. Having the necessary documents while driving is important. Car damage, while not having such documents (active Driving Licence, vehicle RC, etc.), is not covered under the car insurance policy. Driving your car in an illegal race, driving under the influence, or engaging in a crime is called illegal driving. The ACKO car insurance plan does not cover car damages caused during such instances. Any damage to the car when driving outside the geographical limits of India is not covered under car insurance. Add-ons offer additional coverage for your ACKO Comprehensive Car Insurance Policy. Following are the add-on covers you can buy from ACKO. Note that these add-ons are subject to availability. You can also include or remove add-ons when option for Acko car insurance renewal online. With the Roadside Assistance add-on, you get access to 24x7 emergency roadside assistance, including towing services during car breakdowns. Call us if you get stranded on the road due to a breakdown, and we will help you. NCB Protection add-on keeps the NCB discount intact even if you make a claim. With this add-on, you can raise a claim and still get a No Claim Bonus discount of up to 50% on car insurance renewals. ACKO shall reimburselubricating oil of the Insured Vehicle due to any accidental means. Usually, the cost of the car's engine oil, gearbox oil, lubricants, nut, and bolt, screws, distilled water, grease, oil filter, bearing, washers, clip, break oil, air conditioner gas, and items of similar nature, excluding fuel consumed during repair of the insured vehicle is not covered during claim settlement. With Consumables Add-on, we will cover such costs while settling claims. We offer this add-on as a part of your Comprehensive Car
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repair of the insured vehicle is not covered during claim settlement. With Consumables Add-on, we will cover such costs while settling claims. We offer this add-on as a part of your Comprehensive Car Policy. Personal Accident Cover is mandatory by law along with the Third-party Insurance Plan. It covers (for you) both permanent disability and death while driving a car. This add-on allows you to insure the passengers in your car in case of unfortunate accidents leading to permanent disabilitypassenger. This cover helps your paid driver financially in the event of serious injuries or death in an accident while they're employed by you. Auto insurance companies (such as ACKO) mostly use the following factors to calculate the four-wheeler insurance premium amount. Auto insurance companies (such as ACKO) mostly use the following factors to calculate the four-wheeler insurance premium amount. Your car's engine cubic capacity (cc) decides the premium payable on your 4-wheeler insurance plan. The higher the engine cc, the higher the car policy premium. The type of coverage is also a crucial deciding factor for calculating premiums. A Third-party Car Insurance Policy premium will be lower than a Comprehensive Car Insurance Plan. Your car's approximate market value (IDV) determines your premium. IDV is the maximum claim amount you will get from the insurer. You can calculate this by using an IDV calculator You can enhance the Comprehensive Car Insurance Policy with add-ons as they add an extra layer of protection to the policy. However, the more add-ons you add, the higher the premium. The replacement cost of parts/repairs can be higher for a new car. Also, the car's value reduces with wear and tear. So, the older the vehicle, the lower its value, which reduces the premium amount. If you have a bad claims history (for instance, a higher record of accidents), the probability of future damage and related claims is higher. Claims also affect your No Claim Bonus component, and as a result, the premium can be higher. The deductible is the amount you must pay while settling a four wheeler insurance claim. The insurance company will bear the rest of the approved amount. The higher the deductibles (for instance, Voluntary Deductible), the lower the premium charged. The car insurance premium can vary depending on your geographical location. For instance, if you live in an area where traffic is less, and the probability of accidents is less, the premium can be lower. On the other hand, premiums may be higher in metro cities where the traffic is dense. Do you know how to calculate the car insurance premium for your preferred car insurance policy? Below, we present different methods to calculate your four wheeler insurance premium. A car insurance premium calculator is an online tool to assist you in swiftly determining your premium. Input the required details, choose the desired policy coverage and add-ons, and click 'Get Price' to get the car insurance quotes. The
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online tool to assist you in swiftly determining your premium. Input the required details, choose the desired policy coverage and add-ons, and click 'Get Price' to get the car insurance quotes. The calculator will generate the total premium you must pay to get a four wheeler insurance policy. The Own Damage (OD) car insurance premium is calculated using the following formula. + Add-ons - Your car’s IDV is calculated based on the following formula. + In accordance with the notification issued by IRDAI for the financial year 2022-2023, the premium rates applicable to Motor Third-Party Liability Insurance for Private Cars, effective from June 1 2022, are as follows. ENGINE CUBIC CAPACITY (CC) THIRD-PARTY PREMIUM Less than 1,000cc Rs. 2,094 More than 1,000cc and less than 1,500cc Rs. 3,416 More than 1,500cc Rs. 7,897 Are you looking to lower your car insurance premium in India? Reducing the car insurance price can help you save money while maintaining adequate coverage. Here are some tips to reduce your 4 wheeler insurance premium. Obtain auto insurance quotes from multiple insurance providers to compare coverage options and premiums. It allows you to choose the most cost-effective car insurance policy. Consider increasing the voluntary deductible amount. It is the portion of the claim you agree to pay out of your pocket. By opting for a higher deductible, you can lower the premium. Maintaining a good driving record can earn you a No Claim Bonus (NCB) or a discount on your premium. Avoid accidents and traffic violations to qualify for these benefits. It's advisable to avoid filing claims for minor damages or repairs. Paying such expenses out of pocket can help you maintain your NCB and keep your car insurance premium low. Evaluate your car's value and insurance needs carefully. Opting for comprehensive car insurance coverage only if necessary can help reduce premiums. Renew your car insurance policy before it expires. Late auto insurance renewals may lead to higher premiums or even policy cancellation. With ACKO, car insurance renewal online can take place in just a few clicks. Buying car insurance online or insurance renewal from ACKO is quick, simple, and hassle-free. All you have to do is follow the points mentioned below. Fill in your car’s details, such as its registration number, make, model, year of purchase and previous car insurance policy details (if available), to view insurance quotes. Choose the type and tenure of the policy and add-ons as per your requirements. Select from a wide range of plans tailored to your car insurance needs. Once you have finalised the private car insurance policy, you can pay the premium online and receive the policy document instantly in your inbox. Here are the steps to get a new car insurance price quote and buy the policy instantly on ACKO. Step 1: Scroll to the top of this page and click on “ Check Prices ”. Step 2: Enter your new car details like make./model, fuel type, variant and car delivery date, and
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the policy instantly on ACKO. Step 1: Scroll to the top of this page and click on “ Check Prices ”. Step 2: Enter your new car details like make./model, fuel type, variant and car delivery date, and hit the “Continue” button. Step 3: Enter your mobile number and current address pincode and click on “View Plans”. Step 4: Select the insurance plan you wish to buy and click on “Customize”. Step 5: Choose the add-ons you wish to buy and hit the “Customize” button. Step 6: Add the mandatory Personal Accident cover and click on “Customize”. Step 7: On the next page, you can customize the IDV (Insured Declared Value) as per your preference. Once you are done, click on “Customise”. Step 8: Enter your details like name and email ID, RTO location, vehicle engine and chassis number and optional nominee details. Step 9: Review all the details on the next page and complete the online payment to instantly insure your new car. We follow a paperless process for buying or online car insurance policy renewal. All you need are details about the car, location, and the previous policy (if applicable). There is no need to submit unnecessary physical paperwork or wait for a hard copy of your policy document. Post payment, a digital copy is ready for instant download. Renewing car insurance online with ACKO is easy, quick, and trouble-free! You can complete the car insurance renewal online within a few minutes. Our online car insurance renewal process is even quicker than our policy-buying process! You can access your ACKO account through our website/app to view the coverage details, pay the car insurance renewal premium online, and renew your policy. Our online car insurance renewal process involves zero paperwork. You don’t have to fill out a long list of forms and submit multiple documents to insure your car with us. You enjoy seamless coverage when you renew the car insurance policy online before its expiry. Thus, you can benefit from instant and continuous coverage (after the current policy’s expiry) by renewing your car insurance online with ACKO. Since car insurance renewal online is simple and easy and allows instant coverage, you don’t have to worry about a lapse in coverage if you renew your policy before the expiry date. This way, you avoid non-compliance penalties and ensure insurance coverage. On top of that, avoiding penalties also helps to keep the car insurance renewal price low. You should immediately renew expired car insurance without delay. Here is why it is important: Loss of NCB: The accumulated No Claim Bonus earned from your car insurance policy over the years shall be nullified if you do not renew the policy within 90 days from the expiry date. Loss of NCB: The accumulated No Claim Bonus earned from your car insurance policy over the years shall be nullified if you do not renew the policy within 90 days from the expiry date. Vulnerable to fines: The penalty for driving an uninsured car can go up to Rs. 4,000 and/or imprisonment. Thus, driving
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nullified if you do not renew the policy within 90 days from the expiry date. Vulnerable to fines: The penalty for driving an uninsured car can go up to Rs. 4,000 and/or imprisonment. Thus, driving with an expired car insurance policy makes you vulnerable to fines. Vulnerable to fines: The penalty for driving an uninsured car can go up to Rs. 4,000 and/or imprisonment. Thus, driving with an expired car insurance policy makes you vulnerable to fines. Unwanted financial implications: Not renewing your car insurance policy by the due date means you will be uninsured and may end up paying from your pocket in case of an accident, especially involving a third party. Unwanted financial implications: Not renewing your car insurance policy by the due date means you will be uninsured and may end up paying from your pocket in case of an accident, especially involving a third party. So, go for car insurance renewal online with ACKO and get continued coverage for your car for a longer time period. We follow a simple claim process. All you need is a smartphone or a computer with an active internet connection and details related to the claim. Then, follow these steps. Log in to your ACKO profile with the help of your mobile number. Open your car insurance policy and click on “Register a claim”. Enter the necessary details and upload all claim-related documents (as required). At ACKO, no physical paperwork is required to raise a claim against your car insurance policy. Instead, you must upload soft copies of the following documents through our digital platform (mobile app/website). Note that the exact list of required documents might vary depending on the claim. Driving Licence Driving Licence Car’s Registration Certificate Car’s Registration Certificate First Information Report (FIR) (If required) First Information Report (FIR) (If required) Non-traceable Certificate (If required) Non-traceable Certificate (If required) Proof of identification of the policyholder Proof of identification of the policyholder Fire brigade report (If lodged) Fire brigade report (If lodged) Original car purchase invoice (If opted for Return to Invoice add-on cover) Original car purchase invoice (If opted for Return to Invoice add-on cover) Original repair bills Original repair bills Original payment receipts Original payment receipts You can download the ACKO Car Insurance Policy copy online by following the steps below. Scroll to the top of this page to log in to your ACKO account using your mobile number. Under your car insurance policy, click the “Policy Document'' option and select “Download“ (you also have the option to email or receive it via Whatsapp) to get your car insurance policy copy. Note: If you need a physical copy of the car insurance policy, you can follow the steps mentioned above and take a printout. If you think you don't drive the car much or are a safe driver and don't need car insurance, think again! From law compliance to financial protection, purchasing car
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above and take a printout. If you think you don't drive the car much or are a safe driver and don't need car insurance, think again! From law compliance to financial protection, purchasing car insurance has several benefits. Here are some of the key benefits of car insurance. Viewing your car in a damaged state can sink your heart. But there’s hope. If your car is damaged due to an accident, fire or natural/manmade calamities, your car insurance policy can provide financial protection. One of the most valuable benefits of car insurance is that it offers you Personal Accident (PA) cover. The PA cover provides a financial shield against permanent total disability and death caused by car accidents. You get Rs. 15 lakh coverage under this benefit. The cover is mandatory as per law when you buy a car policy. You can get a discount on the car insurance renewal premium for not filing claims during the policy period. This discount is known as NCB. You can get a discount of up to 50% (on the Own Damage component) if you do not file claims for five consecutive years, making insurance for cars even more affordable. A Comprehensive Car Insurance Policy provides financial protection against vehicle theft. If your car is stolen, you shall receive the Insured Declared Value (IDV) stated in your policy, subject to terms and conditions. In case of the insured's demise due to an accident, dependents can get a lump sum compensation through the PA cover. The coverage limit is Rs. 15 lakhs as defined by the IRDAI. The cost and time taken to repair car damages may cause a lot of inconvenience. With an active car policy, you can rest assured that you are always financially protected. Also, thanks to car insurance online policies, you can buy or renew your plan and raise claims within a few minutes. Buying auto insurance and keeping the policy active at all times is necessary if you want to avoid penalties. By opting out of car insurance, you risk going against the law and exposing yourself to financial expenses due to car/third-party damage. 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 by third-party liabilities. Choosing the best car insurance policy is crucial to protect your vehicle and yourself from unforeseen risks on the road. To help you make the right decision, here are some valuable insights and highlights to consider while selecting car insurance. Before you go online and purchase an auto insurance policy, assess your requirements depending on the type of vehicle you own, where you drive it, and the kind of risks you expect to be exposed to. It will help you choose the right plan without spending too much on unnecessary coverages. One of the main advantages of purchasing 4-wheeler insurance online is the ability to compare different
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to. It will help you choose the right plan without spending too much on unnecessary coverages. One of the main advantages of purchasing 4-wheeler insurance online is the ability to compare different policies easily. You can get free car insurance quotes from insurers’ websites, compare the policies based on the quote, features, and services, and then pick the right one as per your requirements. IDV is the current market value of your vehicle and the maximum amount you will receive from the insurance provider if your car suffers a total loss or is damaged beyond repair. Hence, it’s crucial to check before making the policy purchase decision. Also, note that a higher IDV offers better auto insurance protection, but it increases the premium. Add-ons are extra covers that enhance the policy’s coverage. Check for such covers while buying a four-wheeler policy. You can purchase add-ons online by paying an additional premium. But be mindful when buying such covers and opt for only the add-ons you need. Choose an auto insurance provider offering a simple, quick, hassle-free claim process. You can browse online reviews to get a fair idea about an insurer’s claim process. Also, do not forget to check the CSR (Claim Settlement Ratio), as the ratio depicts the insurance company’s record when settling claims. One of the most underrated points while buying car insurance is customer support. However, it is crucial as you may need help during purchase, renewal or claim. Therefore, opt for an insurer that provides 24x7 customer support so you always have a helping hand when needed. IDV or Insured Declared Value is the approximate value of your car and the maximum amount you can get from the insurer if your vehicle is stolen or suffers a total loss. IDV plays a crucial role in determining the car insurance price. IDV or Insured Declared Value is the approximate value of your car and the maximum amount you can get from the insurer if your vehicle is stolen or suffers a total loss. IDV plays a crucial role in determining the car insurance price. One of the significant factors affecting the IDV is the car’s age. The IDV will be lower for older cars, and the sum insured of the vehicle will also be lower. It is because an old car’s value depreciates over time due to usage and wear and tear of parts. IDV calculation involves accounting for the depreciation suffered by the vehicle. One of the significant factors affecting the IDV is the car’s age. The IDV will be lower for older cars, and the sum insured of the vehicle will also be lower. It is because an old car’s value depreciates over time due to usage and wear and tear of parts. IDV calculation involves accounting for the depreciation suffered by the vehicle. For instance, a 5% depreciation rate is applied while calculating the IDV if the car is six months old. The rate of depreciation increases every year after that. For instance, a 5% depreciation rate is applied while calculating the IDV if the car is six months
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the IDV if the car is six months old. The rate of depreciation increases every year after that. For instance, a 5% depreciation rate is applied while calculating the IDV if the car is six months old. The rate of depreciation increases every year after that. Another factor that affects the IDV is the make and model of the car. For example, the IDV of a premium brand car will be higher than the Insured Declared Value of a budget car. Another factor that affects the IDV is the make and model of the car. For example, the IDV of a premium brand car will be higher than the Insured Declared Value of a budget car. The third factor that impacts IDV is the geographical location of the car. The IDV of a car registered in a metro city can be higher than the IDV of a car registered in a small town. The third factor that impacts IDV is the geographical location of the car. The IDV of a car registered in a metro city can be higher than the IDV of a car registered in a small town. AGE OF CAR RATE OF DEPRECIATION Less Than 6 Months 5% More Than 6 Months to 1 Year 15% More Than 1 Year to 2 Years 20% More Than 2 Years to 3 Years 30% More Than 3 Years to 4 Years 40% More Than 4 Years to 5 Years 50% More Than 5 Years To be mutually decided between the insurer and policyholder ACKO FAQs Know More about Claims at ACKO Questions You May Have about Car Insurance Policy & Premium Coverage Purchases & renewals You do not need to provide physical documents for buying car insurance online from us. We will only ask for some important details like: Car’s registration number Car’s year of manufacture Your current location Number of claims in the last 5 years Etc. You can use similar details for online car policy renewal as well. You should buy or complete car insurance renewal from us for the following reasons. Low premiums owing to the digital process Zero commissions while buying/renewing the policy Exclusive plans Great claims service Claim-related repairs managed by us Doorstep pick-up and drop of your car* 3-day claim settlement turnaround for most claims* We deliver your policy instantly No paperwork is involved for buying/renewing car insurance We are licensed by IRDAI (Registration number 157) *Service available in select cities To insure your new car from ACKO, all you need to do is scroll to the top of the page and provide a few basic details about the new car. You can get a new car insurance price quote instantly and complete the insurance purchase within a few minutes. The prices we offer are on the lower side because we are truly digital and sell most insurance policies directly to customers like you. This way, we don’t have to hire a lot of middlemen and pay commissions. Also, our digital set-up helps us to lower our operational costs. And we pass these savings to our customers through discounts and offers on premium. Yes, ACKO is a verified general insurance company which is licenced and certified by IRDIA (Insurance Regulatory and Development Authority of
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to our customers through discounts and offers on premium. Yes, ACKO is a verified general insurance company which is licenced and certified by IRDIA (Insurance Regulatory and Development Authority of India). ACKO’s IRDIA registration number is 157. You can raise a claim by visiting www.acko.com or calling us on 1800-266-2256. While submitting a claim, you should provide the following information. Your contact number or the vehicle number Policy number Description of the incident and photographs of the vehicle (if possible) First Information Report (FIR) in case of theft, injuries to any third party or damage to their property To claim car insurance from our website, you need to just log in to your account on our website or app and click “Register a Claim” to initiate the process. Your first action to initiate a claim is to either log in to your ACKO account or contact us . To raise a claim, a First Information Report (FIR) might not always be required. In some rare cases, like car theft, you may need to file an FIR. You are not required to file an FIR if the claim is for minor accidents. It depends from case to case. But don’t worry, our claims team will help you at every step. The time taken for a claim to be settled will vary depending on the extent of the damage. Most of the claims managed by us are settled within 3 working days (in select cities). For minor claims, we offer instant claim settlement. Be it a minor claim or a major one, our team strives to settle every claim as fast as possible. Cashless claims refer to a claim type where the approved garage bill for car repairs is settled directly between us and the garage. We will get the car repaired, you just have to pay a fixed amount under deductibles and the amount that’s not covered by us. You need to insure your car because The Motor Vehicles Act, 1988, makes it mandatory for all vehicle owners to insure their vehicle to drive legally on Indian roads. Also, as accidents are unpredictable, car insurance can offer financial assistance in case of such accident-related damages. Apart from the mandatory aspect, insuring your car helps overcome financial losses involving your car in case of unfortunate events like accidents. Car insurance is a dedicated insurance policy to cover financial losses in case of third-party liabilities, accidents, natural disasters, fire, theft, etc. (as per the coverage terms). Buying insurance for four wheeler also helps you comply with the law, as insuring your car is a legal requirement in India. Comprehensive car insurance plan is the best as it covers both third-party liabilities and damage to the vehicle. On the other hand, a third-party insurance plan only covers third-party liabilities. Comprehensive car insurance plan is the best as it covers both third-party liabilities and damage to the vehicle. On the other hand, a third-party insurance plan only covers third-party liabilities. You can check the availability of insurance for a car on our website by
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liabilities and damage to the vehicle. On the other hand, a third-party insurance plan only covers third-party liabilities. You can check the availability of insurance for a car on our website by scrolling up at the top of this page and using the space to enter your car number. If you don’t find the right insurance for your car, please call 1800 266 2256 or drop an email at [email protected], and we will help you out. To get a duplicate car insurance policy, you can simply log in to your account on our website/app and download your policy document. To find your car insurance policy number, you need to take a look at the policy document. If you want to get in touch with us, you can contact us , and we will assist you. A Comprehensive Car Insurance Policy is best suited for an old car as it covers damages incurred to the vehicle due to accidents, natur
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Bike insurance price starting at just ₹457* Buy or Renew Two Wheeler Insurance Online in 2 Minutes Bike number UID: 5666 | *T&Cs apply Looking to insure brand new bike? Zero commissions, big savings UID: 5666 | *T&Cs apply Home Bike Insurance Bike insurance or two-wheeler insurance is an insurance policy that covers you against damages to your two-wheeler due to accidents, naturalproperty or injuries/death of a third party caused due to the insured two-wheeler. You can buy insurance for two-wheeler to get coverage for motorcycles, scooters, mopeds, etc. Key Features ACKO Advantage Bike insurance premium Plans start at Rs.457* Third-party liability Covered Own Damage (OD) Cover Available with the Comprehensive Bike 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) 98.40% for the Financial Year (FY) 2023-24 (Two-wheeler OD portfolio) Buying/renewal Instant two-wheeler insurance renewal Paperless Experience Available Here are the advantages of buying bike insurance online. Whether it's raising a claim or buying a new insurance policy for bike, you can do it from anywhere, anytime. You need not wait for the insurer’s office to open but instead access the bike policy services online. Purchasing bike insurance online saves you a lot of time and effort. You can purchase the bike policy online within a few minutes from the comfort of your home. It saves both time and effort. Buying bike insurance online offers the convenience of comparing different two-wheeler insurance policies before making the purchase decision. You can compare before buying insurance for a bike and make an informed choice depending on the coverage offered. Here are some of the reasons why you should have an insurance policy for two-wheeler: Here are some of the reasons why you should have an insurance policy for two-wheeler: Whether your bike is lost, stolen, or suffers any substantial damage, you will get financial protection for all such unpredictable events with a bike insurance policy. There are multiple add-ons that you can include in your two-wheeler insurance policy, such as Zero Depreciation Cover, Key Loss Cover, Roadside Assistance, and more. These add-ons are available at higher premiums but also offer greater protection. To adhere to the Motor Vehicle Act of 1988, having at least a third-party bike insurance policy is important. If caught riding without a valid two-wheeler policy, this will prevent you from paying hefty fines. A Personal Accident Cover is also mandatory for all bike owners. This cover provides financial protection of up to Rs.15 lakhs in case of unfortunate events when the policyholder meets an unfortunate demise. No Claim Bonus is a
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also mandatory for all bike owners. This cover provides financial protection of up to Rs.15 lakhs in case of unfortunate events when the policyholder meets an unfortunate demise. No Claim Bonus is a reward given to a policyholder for raising no claims in a given year. So, when buying a bike insurance policy, you can take advantage of NCB and save on premiums. A two-wheeler insurance policy provides financial coverage for damage to all vehicles, including mopeds, motorcycles, scooters, and others. There are mainly three types of bike insurance plans in India. Apart from that, you can also purchase the mandatory PA cover from our website/app. Here are more details regarding the bike insurance types. There are mainly three types of bike insurance plans in India. Apart from that, you can also purchase the mandatory PA cover from our website/app. Here are more details regarding the bike insurance types. Third Party Bike Insurance Policy (TP insurance) is mandated by law in India. It provides coverage against third-party liabilities. In other words, a Third-party two wheeler insurance policy provides financial protection if your vehicle damages another person’s vehicledeath to a third party in an accident, but it does not cover loss or damage to your own two-wheeler. Comprehensive Bike Insurance Policy provides all the coverage offered by the Third-party Two Wheeler Insurance Plan and also covers damages/losses incurred by your two-wheeler. This type of insurance for bike covers events such as accidental damages, fire damages, natural disasters (floods, earthquakes, etc.), man-made calamities (riots) and theft of the insured bike. Own Damage Insurance for bike or OD insurance is a type of bike insurance plan that provides coverage against damages to your two-wheeler. Note that this insurance policy for bike will not cover third-party liabilities. It is an ideal motorcycle insurance policy to buy if you already have a third-party policy for your bike. Following are more details about the add-ons you can purchase with the Comprehensive Bike Insurance Policy. This add-on provides coverage against the depreciation of bike parts. In other words, Zero Depreciation bike insurance ensures that you get the full claim amount without any deductions related to the depreciation of vehicle components. It is an essential add-on if you are insuring a new bike. This may not qualify as a type of two-wheeler insurance plan, but it is an essential add-on cover. Similar to third-party bike insurance, Personal Accident cover is mandatory as per law. While the insurance for the 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. The table below illustrates the difference between Standalone Own-damage, Comprehensive, and Third-party Bike Insurance: Coverage Third-party Standalone Own-damage Comprehensive Damage/loss to your bike ❌ Theft of your
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the difference between Standalone Own-damage, Comprehensive, and Third-party Bike Insurance: Coverage Third-party Standalone Own-damage Comprehensive 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% ❌ Cashless claims ❌ Online transactions Now that you know about standalone own-damage vs third-party vs comprehensive bike insurance , it will help you select a suitable policy for yourself. A two-wheeler insurance policy covers all kinds of bikes at affordable premiums. There are three types of bike insurance policies: comprehensive, standalone own-damage, and third-party bike insurance. Whether you have bought a new or second-hand scooty, having at least a third-party scooty insurance is necessary. This will help you to adhere to the motor laws and protect your scooty against financial loss when a third-party is injured. A moped, which is basically a lightweight two wheeler is also covered under two wheeler insurance policy. An electric two-wheeler that gets power through a rechargeable battery is also covered under two wheeler insurance. Inclusions Exclusions Here’s the list of events covered under bike insurance (Third-party and Comprehensive Bike Policy). Note that this is an overview; please check out respective two wheeler insurance policy wordings for exact details. 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 caused to your vehicle due to accidents. Fire disasters: Damages to your two-wheeler due to fire explosion, self-ignition, lightning, etc. Natural disasters: Damages due to events such as floods, cyclones, earthquakes, etc. Man-made disasters: Damages to the insured vehicle due to incidents like riots, protests, terrorist activities etc. Vehicle theftscooter gets stolen and concerned authorities are unable to trace it. We aim to provide the best possible coverage for your two-wheeler. However, there are a few exclusions of our Comprehensive Bike Insurance Plan, and they are listed below. For exact details of the bike policy exclusions, please go through the respective bike insurance policy wordings. ❌ Damages to your vehicle due to electrical or mechanical issues. ❌ Damages to your two-wheeler when driving under the influence of drugs, alcohol, or other intoxicating substances. ❌ Repair or replacement of vehicle components subject to regular wear and tear. ❌ Damages suffered by your bike or scooter when the policy was not active. ❌ Damages to your vehicle when driving without a valid Driving Licence. ❌ Incidents that are caused due to illegal activities like racing. ❌ Incidents occurred outside the geographical boundaries of the country. ❌ Coverage against injuries or death of the policyholder while riding the two-wheeler. ❌ Damages caused to your two-wheeler due to war. To calculate a two-wheeler insurance
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boundaries of the country. ❌ Coverage against injuries or death of the policyholder while riding the two-wheeler. ❌ Damages caused to your two-wheeler due to war. To calculate a two-wheeler insurance premium, you must account for various factors such as the bike’s make/model, age, geographical location, NCB, etc. At ACKO, you can provide your vehicle details, and our bike insurance premium calculator will display your two-wheeler vehicle insurance quote. Follow these steps to calculate the premium: Step 1: Visit our website or log in to the mobile app and provide basic details of your two-wheeler (registration number, make, model, year of purchase, etc.) Step 2: Select the type of policy and the tenure. Step 3: Once you select the policy and tenure, you will be able to see the bike insurance quote. If you want to know more about calculating the premium, refer to our bike insurance calculator page. Let’s take a look at the factors affecting bike insurance premium Let’s take a look at the factors affecting bike insurance premium The premium rates will vary depending on the coverage you choose. For instance, Comprehensive coverage will have higher premiums as compared to other coverage types. The make/model and variant affect the premium as well. For instance, if you own a basic commuter bike, you pay less premium. On the other hand, a high-end motorcycle will attract a higher premium. Insured Declared Value or IDV in bike insurance is the approximate market value of a vehicle. If you own a premium vehicle, the IDV will be high, and the bike insurance premium will increase. Note that it’s not your bike’s resale value. The vehicle's age dictates its market value. Hence, a new two-wheeler has a higher IDV, and the bike insurance premium is also on the higher side and vice versa. No Claim Bonus or NCB is the discount you can avail of for not raising any claim in a policy year. The discount applies during the bike insurance renewal, and the premium reduces depending on the percentage of discount you are eligible for. The geographical location where you ride the vehicle also plays a role in bike insurance premium calculation. For instance, if you reside in a metro city, the risk of an accident is high. Hence, the premium will be on the higher side. Here are a few points that you can keep in mind to save on bike insurance premiums. Note that these tips are for purchasing a Comprehensive 2 Wheeler Insurance Policy. Here are a few points that you can keep in mind to save on bike insurance premiums. Note that these tips are for purchasing a Comprehensive 2 Wheeler Insurance Policy. Insuring a two-wheeler with a comprehensive coverage costs higher than others. So, analyse the coverage required wisely and only choose what is adequate for your two-wheeler. Knowing the correct market value of your bike/scooter can save you money. Sometimes the IDV may be higher than the actual value of your vehicle. In such scenarios, knowing the accurate value helps to
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Knowing the correct market value of your bike/scooter can save you money. Sometimes the IDV may be higher than the actual value of your vehicle. In such scenarios, knowing the accurate value helps to decrease the bike insurance premium because the lesser the IDV, the lower the premium. Voluntary Deductible refers to the amount you agree to pay out of your pocket during a bike insurance claim. You can increase the percentage of the Voluntary Deductible if you are confident enough that you will not raise a claim during the policy tenure and save on the premium amount. Ensure you utilise the NCB discount during your two-wheeler insurance renewal. You can use the discount even if you switch from one insurance provider to another. Always renew the two-wheeler insurance policy before the due date. You lose the NCB benefits if the policy is not renewed within 90 days of expiry. Hence, renew on time and be safe from paying higher premiums. Insurers offer discounts on bike insurance premiums if your vehicle has an ARAI-certified anti-theft device. It reduces the risk of vehicle theft. Hence, insurance providers will reward you for this by reducing the premium. You can buy/renew a bike insurance policy online from us within a few minutes by following these simple steps. Scroll to the top of this page and enter your bike number and click on check price. If you are an existing customer, you can log in to your account via OTP sent to your registered mobile number. On the next page, you will see the applicable plans you can purchase. Click the "Buy Now" button against your preferable bike policy. You can also customise the IDV if you are opting for the Own Damage policy. Lastly, complete the payment online. Your new/renewed two wheeler insurance policy will be sent to your registered email address. Here are the steps to buy a new bike insurance policy online from ACKO. Step 1: Go to the top of this page and click on “ Check prices ”. Step 2: Enter your bike make/model and mobile number and click on “View Plans” to check the new bike insurance price. Step 3: Select the insurance plan and click “Continue”. Step 4: Select add-ons and click “Continue”. Step 5: Enter your personal information and bike chassis number and pay the premium online to instantly buy insurance for new bike. Here are the steps for bike insurance renewal online. Scroll to the top of this page or download the ACKO smartphone app. Enter the vehicle number and choose the desired insurance plan. Enter your personal details and complete the online payment for instant bike insurance renewal online. Raising a claim request is easy when you have an ACKO bike policy. No need to fill out any claim form and no wait time. Get online and file the bike insurance claim by following these simple steps. Log in to your account via our website or mobile app. Click on the "Claim" button on the Policy Card. Answer the questions regarding vehicle damage and upload images of the damaged two-wheeler. Once done,
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to your account via our website or mobile app. Click on the "Claim" button on the Policy Card. Answer the questions regarding vehicle damage and upload images of the damaged two-wheeler. Once done, click the "Submit" button to raise your claim. There is no physical paperwork involved while raising a claim against your ACKO Two-wheeler Insurance. All you need to do is upload the soft copies of the documents mentioned below, depending on the type of claim. Driving Licence (DL) Driving Licence (DL) Bike’s Registration Certificate (RC) Bike’s Registration Certificate (RC) Proof of identification of the policyholder Proof of identification of the policyholder Bike Insurance Policy Bike Insurance Policy Original two-wheeler keys Original two-wheeler keys First Information Report (FIR), if required First Information Report (FIR), if required Non-traceable Certificate (If required) Non-traceable Certificate (If required) Fire brigade report (if lodged) Fire brigade report (if lodged) Original repair bills Original repair bills Original payment/cash receipts Original payment/cash receipts Bike insurance premiums can be different for different two-wheelers. The chosen coverage and the cubic capacity of the vehicle's engine play a vital role in calculating the premium. Since the price for Comprehensive Bike Insurance is primarily based on the amount of coverage, it is difficult to tell in advance what the policy may cost. However, the Third-party Insurance prices are based on the bike's engine cubic capacity; thus, the price can be determined in advance (the amount of coverage is uniform across insurers). Here are the Third-party Two-wheeler Insurance prices for FY 2024-25. Prices are subject to change as per the IRDAI. CUBIC CAPACITY (CC) OF THE TWO-WHEELER 1 YEAR THIRD-PARTY BIKE INSURANCE PRICE 5 YEAR THIRD-PARTY BIKE INSURANCE PRICE Less than 75cc Rs. 538 Rs. 2,901 75cc to 150cc Rs. 714 Rs. 3,851 150cc to 350cc Rs. 1,366 Rs. 7,365 More than 350cc Rs. 2,804 Rs. 15,117 The following table provides more details about the third-party electric bike insurance premium. TWO-WHEELERS WITH KILOWATT CAPACITY (KW) PREMIUM RATE FOR 1-YEAR POLICY Less than 3 kW Rs. 457 More than 3 kW but less than 7 kW Rs. 607 More than 7 kW but less than 16 kW Rs. 1,161 More than 16 kW Rs. 2,383 Here’s a table with the third-party electric bike insurance premium. TWO-WHEELERS WITH KILOWATT CAPACITY (KW) PREMIUM RATE FOR LONG-TERM POLICY (5-YEAR) Less than 3 kW Rs. 2,466 More than 3 kW but less than 7 kW Rs. 3,273 More than 7 kW but less than 16 kW Rs. 6,260 More than 16 kW Rs. 12,849 *The premium rates mentioned are for EV two-wheelers not exceeding 3KW You can buy two wheeler insurance online for your new scooter from us. Scroll to the top of this page or download the mobile app and provide details about your two wheeler. Select your preferred plan, and make the online payment. You will receive the bike insurance policy instantly at your registered email address. Buying two
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and provide details about your two wheeler. Select your preferred plan, and make the online payment. You will receive the bike insurance policy instantly at your registered email address. Buying two wheeler insurance online is safe. We are a digital-first insurance company licensed by the IRDAI (Insurance Regulatory and Development Authority of India). With our zero-commission model and 100% digital infrastructure, we eliminate middlemen commissions and reduce our operational costs respectively. Thus, we can pass on those benefits to you in the form of low-cost first-party bike insurance (Own Damage) plans and discounts. You need not submit any documents for the purchase/renewal of the two wheeler policy from us. You only need to provide the following details. Two-wheeler make, model and variant Purchase year The location of the vehicle Existing/previous bike insurance policy details (if you are renewing with a new insurer) You can download the two-wheeler policy online by logging in to your account by scrolling up or via the app. Once logged in, you can view or download the policy document by clicking on the Policy Card. Alternatively, you can also check the email inbox for the policy copy. When you buy/renew bike insurance, the policy document will be sent to your inbox. No, you cannot opt for only Own Damage Bike Insurance cover. A Third-party Policy is mandatory in India, no matter what type of motor vehicle you own. Hence, you cannot opt for only the Own Damage cover. You have to purchase both covers. Buying a Comprehensive Policy will help in this regard as it comes with both third-party Liability and Own Damage cover. Yes, you have the option to customise the IDV for your bike policy as per your choice (from a range) while buying/renewing your bike insurance policy from us. You can use our two-wheeler insurance calculator for the same. However, keep in mind that setting the correct IDV is essential as it decides the sum insured amount for the policy. Setting it too low can reduce the premium, but the claim amount will be less in case of total loss. Similarly, setting it too high will increase the premium. First party bike insurance, also known as Comprehensive insurance provides coverage for damages due to theft, loss, or any unforseen accident. A first-party insurance provides coverage for any damage or loss to the insured bike. The three types of bike insurance plans are as follows. Third-party bike insurance Comprehensive bike insurance Standalone Own Damage bike insurance 1st party bike insurance provides coverage against damages to your bike, whereas 3rd party bike insurance provides coverage against third-party liabilities. Comprehensive bike insurance provides both 1st and 3rd party coverage. Hence, it is the best insurance plan for bikes. When you buy a new bike, it is mandatory to buy a 5-year bike insurance plan that includes third-party coverage for 5 years and Own Damage cover for 1 year. It is called the 5-year insurance
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bikes. When you buy a new bike, it is mandatory to buy a 5-year bike insurance plan that includes third-party coverage for 5 years and Own Damage cover for 1 year. It is called the 5-year insurance rule. The best insurance policy for bike depends on your requirements and the type of vehicle you own. However, the best bike policy to purchase would be the comprehensive plan as it provides third-party and own damage coverage. 1st party insurance refers to the Own Damage policy that covers damages to your bike. 3rd party insurance is nothing but mandatory insurance for bikes that covers third-party liabilities arising due to the insured bike. 2nd party in bike insurance refers to the insurance provider. The third-party bike insurance policy is compulsory for all motor vehicles in India, including two-wheelers. The Comprehensive Bike Insurance Policy can be defined as the best motorcycle insurance as it provides third-party and own damage coverage. On top of that, you also get the option to choose add-on covers to enhance the policy coverage. Yes, you can purchase bike insurance for someone else’s bike. You can buy a two-wheeler insurance on behalf of the vehicle owner. However, while selling the vehicle, it’s important to transfer the insurance to the new owner. Yes, you can transfer the bike insurance to the new owner if you sell the bike. If you have purchased the Comprehensive or Own Damage bike insurance with the Engine Protect add-on, the insurance plan will cover engine repair costs. Please note that the engine cover add-on is subject to availability. No, bike insurance does not come under 80C. You cannot claim income tax exemption for buying bike insurance. Yes, you can switch to another bike insurance company when renewing the policy. For instance, you can renew bike insurance online from ACKO even though you have bike insurance from some other insurance provider. As per the rules and regulations of IRDAI (Insurance Regulatory and Development Authority of India), every insurance provider must check the authenticity of the policy buyer through the KYC documents before issuing or renewing bike insurance. Yes, you can cancel the bike insurance policy. However, to get a refund for the paid premium, you must adhere to the terms and conditions of the policy. New bike insurance price depends on the type of plan and add-ons you choose. If you opt for a third-party plan, the premium will be on the lower side as compared to the Comprehensive plan. Yes, a new bike needs insurance to comply with the law. As per The Motor Vehicles Act, every motor vehicle must have at least third-party insurance. However, for better coverage, it is better to buy a Comprehensive Bike Insurance Policy. Yes, you can buy bike insurance online from ACKO. You only need to provide a few details about you and your bike to buy new bike insurance online instantly. Yes, third-party bike insurance is mandatory for a new bike. You should buy Third-party Bike Insurance for your bike
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a few details about you and your bike to buy new bike insurance online instantly. Yes, third-party bike insurance is mandatory for a new bike. You should buy Third-party Bike Insurance for your bike as it is mandated by law. It is illegal to ride a two-wheeler without the basic bike policy. You may attract penalties or face imprisonment if you ride the bike without a valid bike insurance policy. That's the reason why two wheeler insurance renewal on time is also crucial. However, a Third-party Policy will only cover third-party liabilities. For coverage against damages to your two-wheeler, you may opt for the optional Comprehensive Two-wheeler Insurance Policy. It provides a financial cushion if the two-wheeler gets damaged due to accidents and other unfortunate incidents like natural or man-made disasters or fire hazards. The Comprehensive Bike insurance Policy even covers events such as vehicle theft. The endorsement in bike insurance refers to making changes to the policyholder's personal details or the policy's terms and conditions. For instance, if you need to change your address, name, date of birth, etc., you can do it via endorsement in the policy. In a premium-bearing endorsement, you need to pay an additional premium, whereas, in a non-premium-bearing endorsement, you need not pay any additional premium. An insurer offering higher IDV at a lower premium, an easy and hassle-free buying/renewal process and transparent and quick claim settlements can be considered as one of the best two wheeler insurance companies in India. Also, look out for other factors such as customer support and value-added services such as cashless repairs and instant claim settlements for minor damages. As a generalisation, a Comprehensive Bike Insurance Policy can be considered as the best bike policy in India as it provides broad coverage, including third-party liabilities and own damage. Yes, your vehicle's make/model, variant and purchase year affect the bike insurance premium and the IDV. You can find out your bike insurance policy number via the following methods. You need to have the policy number handy when making bike insurance claims or renewing the policy. So, knowing the bike policy number is important. Refer to your bike insurance policy document. Check the email sent by the insurer. Log in to your insurance account via the website/mobile app to view the policy number. Call the customer support team. You can get bike insurance online by visiting the official website or app of the insurance provider. For example, you can download the ACKO app or visit our official website to buy bike insurance online. The Third-party Bike Insurance Policy is the cheapest motorcycle insurance you can buy. This policy will provide coverage against third-party liabilities, and it is a law-mandated policy for all vehicle owners in India. The cost of motorcycle insurance depends on various factors like type of coverage, bike make/model, engine capacity, add-ons,
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and it is a law-mandated policy for all vehicle owners in India. The cost of motorcycle insurance depends on various factors like type of coverage, bike make/model, engine capacity, add-ons, geographical location, etc. To check bike insurance online, all you need is an internet-enabled smartphone/computer. Follow the steps mentioned below for the same. Open the web browser on your phone/computer and search “bike insurance” on any search engine like Google. You will see a host of results; click on any one of them. For example, if you click on ACKO bike insurance, you will be able to see more details about the insurance plans, coverage, premium, etc. You can renew your bike insurance online by following these steps. The 2 wheeler policy renewal process remains the same as the new policy purchase process. Step 1: Visit our website or download the mobile app. Step 2: Log in to your account and select the renewal option on your Policy Card. Step 3: Select your preferred plan, pay the premium, and buy bike insurance online instantly. If you are our new customer, enter your vehicle details to get the bike insurance policy quote. Choose the plan, pay the premium and instantly get the policy in your inbox. To check the validity of your bike insurance, you can refer to the policy document or the policy card issued by the insurer. ACKO bike insurer customers can simply log in to their account via the mobile app/website and check the policy details, including the validity. Yes, you can opt for a different bike insurance policy during renewal. For instance, if you have a Third-party Plan, you can upgrade to a Comprehensive Plan. Yes, you can renew your expired two wheeler insurance policy online. The break-in period is nothing but the period between the policy expiry date and the policy renewal date. During the break-in period, your bike insurance plan remains inactive, and you cannot raise claim requests. Usually, a policy purchased after the break-in period is considered a new insurance plan. It is a good option to opt for a multi-year bike insurance plan when you buy/renew a 2 wheeler insurance plan. We offer you additional discounts if you opt for a 2 or 3-year plan. However, the discount only applies if you opt for the Comprehensive Bike Insurance Policy. To file a claim against your bike insurance, you can visit the official website of the insurer or contact the customer support number or visit the insurer’s office. If you are an ACKO customer, you can raise a claim online through the mobile app or website. You can pay the bike insurance premium online through any of the available digital payment options like UPI, net banking, debit/credit cards, etc. You will find these options after you have finalised the insurance plan you wish to buy or renew. The premium refers to the amount you pay to the insurance provider in exchange for financial coverage against third-party liabilities or damages to your bike, depending on the type of plan you buy. The grace
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refers to the amount you pay to the insurance provider in exchange for financial coverage against third-party liabilities or damages to your bike, depending on the type of plan you buy. The grace period refers to the period after your policy expires. Generally, insurers might provide you with a 30-day grace period to renew the policy without any vehicle inspection and premium hike. However, the policy will remain inactive during the grace period. It also depends on the terms and conditions of the insurance provider. Total loss refers to vehicle damages that are beyond repair. In other words, if the cost of repair exceeds 75% of the vehicle's IDV, then such a vehicle is declared a total loss. The insurer will compensate you by paying the IDV amount for such claims. That's why it's essential to set a correct IDV when you buy a new policy IDV stands for "Insured Declared Value". It is the maximum sum of money that an insurance company agrees to pay to the policyholder in the event of a total loss or theft of the insured bike. It represents the current market value of the bike at the time of insurance purchase/renewal. NCB stands for "No Claim Bonus”. It is a discount or bonus offered by insurance companies to policyholders who do not make any claims during the policy period. It serves as a reward for safe and responsible riding. When a policyholder renews their bike insurance without filing any claims, they become eligible for NCB. The NCB is applied as a percentage discount on the own-damage premium of the insurance policy. The percentage of NCB increases for every consecutive claim-free year, usually up to a maximum of five years. The document list may vary depending on the type of damage or loss. Here are the common documents you may need to file a claim request. Insurance policy document Valid Driving License (DL) Registration Certificate (RC) of the insured two-wheeler FIR (if applicable) Pictures of damages taken at the time of the mishap Other supporting documents (if any) Cashless Claim is a claim process wherein the insurance provider will directly pay the repair bill (as per the policy’s terms and conditions) to the network garage. You only need to get the vehicle repaired and pay the amount that’s not covered by the policy, and the rest will be taken care of by your insurer. In a Reimbursement Claim, you can repair your two-wheeler at your preferred garage, settle the repair bill and raise a claim for reimbursement with supporting documents such as the original repair bills, payment receipts, etc. The surveyor inspects and assesses the damage suffered by your two-wheeler and of the third party (if required). Post that, the surveyor will submit a report on the damage assessment to the insurer to process the claim request. Yes, it is an excellent decision not to raise the claim against your policy if the damage is minimal. It will help you retain your NCB discount for not raising a claim during the policy period. If you have not made any
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decision not to raise the claim against your policy if the damage is minimal. It will help you retain your NCB discount for not raising a claim during the policy period. If you have not made any claims for five years in a row, you are eligible for a 50% discount on the two-wheeler policy premium (Own Damage component). Hence, it will be beneficial in the long term if you avoid making claims for minor damages to your bike/scooter. Have queries related to ACKO’s two wheeler insurance policy? Refer to our Policy Wordings for detailed information or reach out to us via email or phone using the information below Write to us at [email protected] Call us on 1800 266 2256 Check Status Now #36/5, Hustlehub One East, Somasandrapalya, 27th Main Rd, Sector 2, HSR Layout, Bengaluru, Karnataka 560102 Acko Group Companies: Download our ACKO app now! CIN: U74110KA2016PTC120161 The use of images and brands are only for the purpose of indication and illustration.
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Enter your car registration number to check IDV Upto 85% Off on Car Insurance Plans! Car number Looking to insure brand new car? Zero commissions, big savings Home Insured Declared Value (IDV) In Car Insurance IDV refers to the maximum or the highest amount you shall receive from the insurer if the insured car is damaged beyond repair. IDV full form stands for Insured Declared Value. Your insurer shall offer you the IDV of your car if it is damaged so severely (total loss) that it cannot be repaired. Note that the IDV is declared by the owner of the car while insuring it. It directly impacts the payable premium — the higher the IDV, the higher the premium. You can use IDV calculator to check the IDV details. When you buy a new car, the IDV is based on the manufacturer’s selling price, taking depreciation into account. Below is the formula to calculate IDV in insurance. Alternatively, you can use our IDV calculator for car to get the IDV for your vehicle. IDV = (Manufacturer’s Selling Price – Depreciation Cost) + (Accessories Cost – Depreciation of These Accessories). If you have not added any accessories to your car, then the formula is IDV = Manufacturer’s Selling Price – Depreciation Cost. To check the Insured Declared Value (IDV) with Acko, here is all you need to do: Scroll to the top of this page either on the website or mobile app Scroll to the top of this page either on the website or mobile app Enter the car registration number and hit on ‘Check Now’ button Enter the car registration number and hit on ‘Check Now’ button Next, enter car details such as make and model, variant, fuel type, and year of registration Next, enter car details such as make and model, variant, fuel type, and year of registration Then, provide the policy expiry date, mobile number, and a few other details Then, provide the policy expiry date, mobile number, and a few other details A list of car insurance plans will then pop up on your screen, and the IDV details will also be visible at the top A list of car insurance plans will then pop up on your screen, and the IDV details will also be visible at the top Listed below are the steps that you need to follow in order to check IDV of a new car with Acko: Move the top of this page Move the top of this page Go to ‘Looking to insure brand new car’ option available and click on ‘ Check Prices’ Go to ‘Looking to insure brand new car’ option available and click on ‘ Check Prices’ Next, select the car’s make and model, fuel type, variant name, and, car delivery date Next, select the car’s make and model, fuel type, variant name, and, car delivery date Then, enter your mobile number and pin code Then, enter your mobile number and pin code You will then be able to see a list of car insurance plans, and the IDV details will appear at the bottom of the screen. You will then be able to see a list of car insurance plans, and the IDV details will appear at the bottom of the screen. The following table provides the standard car
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at the bottom of the screen. You will then be able to see a list of car insurance plans, and the IDV details will appear at the bottom of the screen. The following table provides the standard car depreciation rate for IDV calculation. AGE OF YOUR CAR DEPRECIATION FOR IDV Up to 6 months 5% 6 months to 1 year 15% 1 to 2 years 20% 2 to 3 years 30% 3 to 4 years 40% 4 to 5 years 50% 5 years+ To be negotiated IDV full form in insurance is Insured Declared Value, and it is one of the primary factors which influences the car insurance premium amount. Here are some points to remember while calculating it in car insurance. Do not reduce the IDV so that the premium is lower. It will reduce your claim amount in case of any losses incurred. Do not overstate the IDV since it will increase the premium, and ACKO will compensate you based on the type of loss and not the entire IDV. Do not provide an inaccurate IDV, as it could lead to a possible decline of your claim. Here’s a table that lists the popular car models with their IDV. Note that the IDV is for brand-new car models, and the IDV in insurance is region-specific (Bangalore). Model Variant IDV Tata Punch Accomplished (Petrol) Rs. 6.92 lakhs Maruti Suzuki Swift ZXI (Petrol) Rs. 5.55 lakhs Tata Nexon XZ Plus (Petrol) Rs. 8.12 lakhs Kia Seltos 1.5 HTX (Petrol) Rs. 11.39 lakhs Hyundai Creta SX IVT (Petrol) Rs. 14.5 lakhs Maruti Suzuki Brezza VXI Rs. 8.99 lakhs The IDV value is dependent on a few factors related to your car. Here is a list of those factors. One of the significant factors that determine the IDV is the age of the car. The older the vehicle is, the lower its market value. Hence, the IDV for an older car will be lower compared to a brand-new vehicle. Several types of cars are available in the market, including hatchbacks, sedans, SUVs (Sports Utility Vehicles) and MUVs (Multi-Utility Vehicles). The value of a car depends upon its type. A hatchback car is usually cheaper compared to sedans or SUVs. Thus, the IDV would vary accordingly. Various car models of the same type, say a sedan, can have different IDVs. It depends upon the brand i.e. manufacturer, and the features offered on a certain model of car. There is a slight difference in the cost of a car depending upon the location of purchase. For example, the ex-showroom price of the same model can be different in Mumbai and Delhi. Depreciation is a reduction in the monetary value of a car due to age. The older the car, the more depreciation. For example, two cars of the same model will have different IDVs because they were manufactured in different years. You can use IDV calculator to check this difference. Depreciation on accessories is also calculated while determining the amount of IDV. Thus, its value will change depending on the age and working condition of additional accessories. IDV meaning stands for the sum insured amount of an insurance policy. Here’s how the IDV value impacts the premium of your Comprehensive Car Insurance Policy. IDV
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condition of additional accessories. IDV meaning stands for the sum insured amount of an insurance policy. Here’s how the IDV value impacts the premium of your Comprehensive Car Insurance Policy. IDV is the main component of a Comprehensive Car Insurance Policy. One does not need to declare the IDV while buying a Third-party policy, as the car is not insured for damages. Third-party insurance is for third-party liabilities. If you adjust the offered IDV amount on the IDV calculator while buying the policy, you will notice that the premium will also increase or decrease. If you increase the IDV, your premium will also increase. Likewise, if you decrease the IDV, the premium will also decrease. Insured Declared Valuer is directly proportional to the premium of your car insurance policy. If you decrease the IDV in the IDV calculator, your premium will also decrease. Here are the pros and cons of decreasing the IDV. Advantages Disadvantages The premium of your car insurance policy will be reduced. The premium of your car insurance policy will be reduced. You save money when you pay less for buying the insurance policy . You save money when you pay less for buying the insurance policy . The money can be used for other purposes . The money can be used for other purposes . The sum insured will be reduced. Hence, the claim amount will be lower in the case of total loss. The sum insured will be reduced. Hence, the claim amount will be lower in the case of total loss. If the accidental damage expenses are higher, you will have to compensate for it. If the accidental damage expenses are higher, you will have to compensate for it. You will suffer a loss due to a lower claim amount. You will suffer a loss due to a lower claim amount. IDV is directly proportional to the premium of your car insurance policy. If you increase the IDV in the IDV calculator, your premium will also increase. Here are the pros and cons of increasing the IDV. Advantages Disadvantages The sum insured of your car insurance policy will increase. The sum insured of your car insurance policy will increase. You will get a higher claim amount. You will get a higher claim amount. It will offer you enough funding to buy a new car in case of vehicle theft or total loss. It will offer you enough funding to buy a new car in case of vehicle theft or total loss. The premium of your car insurance policy increases. The premium of your car insurance policy increases. You might never raise a claim for a total loss. You might never raise a claim for a total loss. You will incur a loss by paying more money than required. You will incur a loss by paying more money than required. In most cases of a car insurance claim, the IDV is not required for the calculation of the claim amount. However, while buying a Comprehensive Car Insurance policy, it is important that you declare the IDV every year. The IDV of your car will reduce due to a decrease in its market value i.e. the value will depreciate with time.
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Car Insurance policy, it is important that you declare the IDV every year. The IDV of your car will reduce due to a decrease in its market value i.e. the value will depreciate with time. IDV comes into the picture for claim settlement only in the following situations. You can raise a theft claim after the police declare your vehicle as “non-traceable”. In this situation, ACKO will settle a claim amount that is approximately equal to the IDV of your car. When a vehicle gets damaged due to a contingency, ACKO will assess the extent of the damage. If there is damage of 75% or more, it will require extreme repairs. Here, the repair cost will exceed its IDV. Thus, a total loss claim should be raised. In an unfortunate situation where the car gets damaged beyond repair, you can raise a Total Loss claim. Here, the IDV component of the car will be taken into account for settling the claim. Setting a lower IDV for your car would mean receiving a lower claim amount in case of total loss or theft. A total loss occurs when the car gets severely damaged, and its repair cost is more than the car’s value. In this situation, the insurance company will pay the IDV amount that you have set for the car while buying your car insurance policy. However, you may prefer to set a lower IDV for the following reasons. If you have an older car whose value is very low. If you have an older car whose value is very low. If you have a certain budget set for buying a car insurance policy. If you have a certain budget set for buying a car insurance policy. If you are ready to opt out of some very important car insurance benefits and coverages. If you are ready to opt out of some very important car insurance benefits and coverages. Here are some common myths about IDV in car insurance. Myth: You cannot change the IDV suggested by the insurance company. Fact: You can change the IDV the insurance company does not offer a fixed value. You must select the right IDV from the range suggested by your car insurance company. Myth: If this is the IDV of my car, it is also the resale value. Fact: The resale value of a car depends upon many factors, such as the car’s condition, its maintenance schedule, etc. IDV is in no way the indicator of its resale cost. Myth: Decreasing the IDV will save premium. Fact: Decreasing the IDV will decrease the premium, but it will also affect the claim amount in case of a major claim. The ideal IDV for car insurance varies from one car to another, depending on the make/model and vehicle’s age. The ideal IDV is the approximate market value of the vehicle while buying car insurance. You should keep the IDV optimum so that you don’t incur losses during the major claim settlement. Keeping the IDV high will result in a higher premium, and keeping it low will result in a lower claim settlement. The car IDV is calculated after accounting for factors like the car’s age and the price of the vehicle after factoring in the depreciation value. Having a higher IDV is
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in a lower claim settlement. The car IDV is calculated after accounting for factors like the car’s age and the price of the vehicle after factoring in the depreciation value. Having a higher IDV is good if you do not mind paying a higher premium. Higher IDV will result in a higher claim settlement amount. However, do not overstate the IDV, as it may result in the rejection of claims. A new IDV is nothing but the updated IDV of a vehicle after it becomes old. In other words, it’s the updated IDV after considering the depreciation suffered by the vehicle. Yes, you can increase the IDV while buying/renewing car insurance. The Insured Declared Value of a new vehicle is based on the manufacturer’s price minus the depreciation cost of the vehicle. Please note, the depreciation rate is based on the depreciation rate for fixing Insured Declared Value published by the Insurance Regulatory and Development Authority ( IRDA ) of India. The IDV of a new vehicle is probably the easiest to calculate. This is because the depreciation value i.e. the reduction in the value of a car with time is only 5%. This amount is almost negligible for some cars. You can set the IDV of your new car by deducing this depreciation amount from the invoice value of the car and then set the IDV while buying your car insurance policy. In most cases, your car dealer will suggest the type of coverage you should buy. Buy a policy that suits your requirements. Here are some tips to decide IDV for car insurance: Ensure the IDV is the market value of your car, since insurance companies will compensate based on the type of loss and not necessarily the entire IDV. A lower premium amount can be due to lower IDV, hence, make sure you do not choose a policy based on a lower premium rate. If you have included accessories in your car, it’s advisable to insure the accessories as well. However, this will increase the IDV and the premium amount accordingly. To keep the premium rate low, the IDV is decreased. Ensure you choose the right insurance company which offers accurate Insured Declared Value for your vehicle even if the premium amount is higher. By reducing the IDV of the car, the premium rate of the insurance policy decreases accordingly. You need to choose the right IDV which is equivalent to the market value of the car. When the car comes outside the showroom, the car value depreciates due to use and age. Since the market value of the car drops as soon as the car is driven out of the showroom, the IDV decreases accordingly. Yes, the IDV of your car may increase or decrease based on the ex-showroom price of your car. As the ex-showroom price is different in different locations, the IDV will also vary. Yes, if you are buying a car insurance policy online, you will have an option to increase or decrease the IDV of your car. However, it is advised that only the correct IDV should be declared by the car owner. No, increasing the IDV will lead to an increased premium. You should avoid this if
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decrease the IDV of your car. However, it is advised that only the correct IDV should be declared by the car owner. No, increasing the IDV will lead to an increased premium. You should avoid this if the chances of you raising a total loss claim are low as compared to other types of claims. IDV stands for Insured Declared Value while NCB stands for No Claim Bonus. IDV is the approx. current market value of your car. NCB is a discount you will get at the time of policy renewal if you do not raise a claim in the previous policy. The IDV is calculated based using the formula: IDV= (Manufacturer's listed selling price - depreciation) + (Accessories not included in listed selling price - depreciation). You can also use IDV calculator to check the IDV. Q17. What is the full form of IDV? The full form of IDV is Insured Declared Value. Q18. Is a higher IDV better? A higher IDV indicates a higher premium, however, it offers greater coverage at the same time. Q19. Will IDV decrease every year? Yes, the IDV of cars will decrease every year due to depreciation. Q20. What is the ideal IDV? The ideal IDV should be close to the market value of the car. It should be sufficient so that adequate coverage is offered to your car. The car insurance premium is directly proportional to the market value of the car or the IDV. Hence, the Insured Declared Value is the primary influencer in the insurance premium amount. IDV is the sum insured amount of the policy, and the premium is the amount you pay to purchase a car insurance policy. Q13. Can I increase IDV on renewal? Yes, you can increase the IDV during the renewal period. IDV calculator is an online tool that helps you to calculate the IDV of your car. You need to take into account the current market value of your car i.e. consider the original cost of the car and subtract the amount of depreciation. The value you get is the IDV of your car. The IRDAI fixes the depreciation rate based on the age of the vehicle. While it is 5% for vehicles less than 6 months old, vehicles less than 1-year-old, the rate is 15% and thereafter it is 20%, 30%, 40%, and 50% every year. No, The IDV of a vehicle depends upon its market value and depreciation. It does not matter if a vehicle is private or commercial. The IDV is calculated in a similar way for both. The insurance value of a car is based on the Insured Declared Value of the vehicle. Also known as IDV, it is the approximate market value of the car. To check the IDV of a car, you can utilise the car insurance premium calculator , an online tool, to quickly find out the cost of insurance for a car. One should not renew their car insurance policy in a haste, as this can lead to major financial losses at the time of a car-related mishap. Make sure that you have already deduced the IDV of your car before car insurance renewal. When you begin with the process, you will notice that the suggested IDV is already set. Make sure to change this value if it is not close to the actual IDV of
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your car before car insurance renewal. When you begin with the process, you will notice that the suggested IDV is already set. Make sure to change this value if it is not close to the actual IDV of your car. Each year your car’s value depreciates i.e. reduces due to wear & tear and usage of parts with time. Depreciation is the main component for calculating the IDV of a car. This is why IDV decreases each year at the time of car insurance renewal. Have queries related to ACKO’s two wheeler insurance policy? Refer to our Policy Wordings for detailed information or reach out to us via email or phone using the information below Write to us at [email protected] Call us on 1800 266 2256 #36/5, Hustlehub One East, Somasandrapalya, 27th Main Rd, Sector 2, HSR Layout, Bengaluru, Karnataka 560102 Acko Group Companies: Download our ACKO app now! CIN: U74110KA2016PTC120161 The use of images and brands are only for the purpose of indication and illustration.
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Protect your car with ACKO's Zero Dep Insurance Buy or Renew Zero Depreciation Cover Online in 2 Minutes Car number UID: 5656 | *T&Cs apply Looking to insure brand new car? Zero commissions, big savings UID: 5656 | *T&Cs apply Home Zero Depreciation Car Insurance - Nil Depreciation: Benefits What is zero depreciation in car insurance? Zero Depreciation in car insurance is an add-on that eliminates depreciation costs during claims, ensuring full coverage for own damages. In other words, with a zero dep insurance add-on, the insurance provider will not consider the depreciation costs during claim settlements. If you have recently purchased a car or own a luxury car, buying a Zero Depreciation cover makes a lot of sense. It will reduce your out-of-pocket expenses in case of damages to your car. Following are some of the reasons to opt for a Zero Dep cover for your car insurance. If you are living in a high-risk area. If you are living in a high-risk area. Buy the Zero Depreciation Cover if you have recently learned how to drive a car. Buy the Zero Depreciation Cover if you have recently learned how to drive a car. If you own a luxury or expensive car with costly car parts. If you own a luxury or expensive car with costly car parts. Opt for a Zero Dep cover if you need to repair minor damages to keep the car in a top-notch condition. Opt for a Zero Dep cover if you need to repair minor damages to keep the car in a top-notch condition. If you are worried about small dents and bumps or expensive spare parts. If you are worried about small dents and bumps or expensive spare parts. If you don’t have a dedicated parking space, the chances of damage increase. The Zero Dep Insurance will help you cover repair costs for such damages. If you don’t have a dedicated parking space, the chances of damage increase. The Zero Dep Insurance will help you cover repair costs for such damages. If you are someone who wishes to reduce out-of-pocket expenses in case of car damage. If you are someone who wishes to reduce out-of-pocket expenses in case of car damage. Here are the key advantages of buying a Zero Dep car insurance. Buying the Zero/Nil Depreciation Add-on Cover bridges the gap between the claim settlement amount and the actual damages to your car. For example, if the repair cost is Rs. 30,000, then the insurance company will settle your claim for Rs. 15,000 after deducting depreciation value. However, if you have opted for the Zero Depreciation Add-on, the insurer will settle the claim amount of Rs. 30,000, thereby increasing the claim settlement amount. Zero Dep car insurance helps in increasing the claim settlement amount. Hence, you are certainly controlling the outflow of your hard-earned money. Without the Zero Dep Add-on, you end up paying the unpaid portion of the claim, which is deducted as depreciation. And, if the damage to your car is considerable, the repair bill will certainly be higher and burn a hole in your pocket. While the Zero Depreciation
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of the claim, which is deducted as depreciation. And, if the damage to your car is considerable, the repair bill will certainly be higher and burn a hole in your pocket. While the Zero Depreciation Car Insurance Add-on Cover is offered with an additional premium, the cost is low and affordable. You can compare the Nil Depreciation premium online and then choose the plan with the lowest premium. Additionally, by including the Zero Depreciation Add-on to the Comprehensive Car Insurance , your car and your money are well-protected at an affordable cost. Various factors come into play when calculating Zero Depreciation car insurance premiums. Following are some of the critical factors that impact the premium of the Zero Dep add-on. Every city has its different challenges, problems and risks. Hence, the premium of this add-on cover depends on the location where you will be driving your car. Zero depreciation add-on premium is dependent on the age of your car, and hence car's age plays a pivotal role. The make and model of your car will have an impact on the cost of the parts. Hence, the model of your car determines the premium for this add-on cover. The depreciation rate in cars varies depending on the type of vehicle component and the car’s age. To make things easier for insurers and policyholders, IRDAI (Insurance Regulatory and Development Authority of India) has set the depreciation rate for cars. The following sections provide more details on the same. CAR PARTS RATE OF DEPRECIATION RubberNylon/Batteries 50% Fibre Parts 30% Wooden Parts 5% in the first year, 10% in the second year, and so on. AGE OF CAR RATE OF DEPRECIATION Less Than 6 Months 5% More Than 6 Months to 1 Year 15% More Than 1 Year to 2 Years 20% More Than 2 Years to 3 Years 30% More Than 3 Years to 4 Years 40% More Than 4 Years to 5 Years 50% More Than 5 Years To be mutually decided between the insurer and policyholder AGE OF CAR RATE OF DEPRECIATION Less Than 6 Months Nil More Than 6 Months to 1 Year 5% More Than 1 Year to 2 Years 10% More Than 2 Years to 3 Years 15% More Than 3 Years to 4 Years 25% More Than 4 Years to 5 Years 35% Exceeding 5 years but not exceeding 10 years 40% More Than 10 Years 50% The main difference between Zero Depreciation car insurance and Comprehensive coverage is that Zero Depreciation is an add-on, and Comprehensive coverage is a car insurance policy. The following table highlights the key differences between Zero Depreciation Cover vs Comprehensive coverage. PARAMETER ZERO DEPRECIATION CAR INSURANCE COMPREHENSIVE CAR INSURANCE Meaning An optional add-on while buying Comprehensive Car Insurance. It will ensure the insurance company does not deduct depreciation of car parts before settling the claim for the damages to your car. A bundle of Third-party Liability Plan and Own Damage Plan. Several add-ons can be included to make it exclusive; however, it considers the depreciation of car parts before settling the claim. Premium There is a slight increase
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Plan and Own Damage Plan. Several add-ons can be included to make it exclusive; however, it considers the depreciation of car parts before settling the claim. Premium There is a slight increase in car insurance premium, but it ensures there is no depreciation of car parts during claim settlements. The premium for the standalone Comprehensive Policy is lower than a policy that has add-ons such as Nil or Zero Depreciation. Age of Car The add-on can be purchased for cars that are less than 5 years old. The Standalone Comprehensive Car Insurance can be purchased for cars that are less than 15 years old. Depreciation Factor Depreciation of car parts is not considered while settling claims except for compulsory deductibles. Insurers consider the depreciation of car parts while settling claims. Savings While the premium you pay might be slightly higher, the cost of paying for the depreciation of car parts is nullified. While the premium is lower than that of Zero Dep Car Insurance, you get to save only on the premium you pay. You can buy the add-on cover online while purchasing or renewing the car insurance. Buying a Zero Depreciation Car Insurance Policy is a lot easier, thanks to digital insurance providers such as ACKO. Here are the steps to buy Zero Dep cover from ACKO. Step 1: Go to the top of this page or download the ACKO app. Step 2: Enter your car registration number, verify the vehicle details and click on “View Plans”. Step 3: Select Comprehensive Policy with Zero Dep cover and purchase the plan by paying the premium online. Note: You cannot opt for Zero Depreciation Cover while buying Third Party Car Insurance. The process of renewing Zero Dep cover is similar to renewing a car insurance policy. You can refer to the following steps to renew the Nil Depreciation cover from ACKO. Step 1: Enter the vehicle registration number by going to the top of this page or downloading the ACKO app. Step 2: Select the Comprehensive Plan with Zero Depreciation cover from the available plans. Step 3: Pay the premium online to instantly renew the Zero Dep cover. During claim settlement, the insurer will deduct the depreciation applicable on car parts. The rate of depreciation will be mentioned in the policy wording. However, when you claim against Zero Dep car insurance, you will receive the full claim amount without any deduction due to depreciation. Hence, you need not pay out of your pocket for car repairs. The claim process also becomes simple with Zero Depreciation cover as you need not worry about deductions due to the depreciation rate. Here are the key benefits of buying Zero Depreciation cover online from ACKO. When you buy on ACKO, you can buy this add-on cover along with a Comprehensive policy. Or you can also buy a Standard Comprehensive plan bundled with Zero Depreciation benefits that are exclusively available on ACKO. When you buy on ACKO, you directly deal with us. Since there are no middlemen involved, it results in low operating costs. We
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with Zero Depreciation benefits that are exclusively available on ACKO. When you buy on ACKO, you directly deal with us. Since there are no middlemen involved, it results in low operating costs. We pass on the benefits to you in the form of low-cost insurance plans. When you buy on ACKO, you not only enjoy the benefits of the Comprehensive Insurance & Zero Depreciation add-on cover. You can also avail of premium services like free pick-up and doorstep delivery in select cities. A Zero Dep insurance covers most expenses arising out of damage to your car. However, there are a few exclusions, which are listed below. Zero Depreciation add-on does not cover cars that are more than 5 years old. Please read the terms and conditions, as some insurers do not offer cover for cars over a certain age. In case of an unfortunate accident that renders the car a total loss, a Zero Depreciation add-on will not be considered while settling the claim. The current market value of the car is considered while settling claims towards a car that has undergone a total loss. Replacement of tyres and tubes, unless specified in the terms and conditions of the policy, is not covered under the Zero Depreciation cover. If you are driving the car without a valid Driving Licence and you meet with an unfortunate accident, then the insurance company will not honour the claim. In this case, even the Zero Dep insurance add-on will not be considered. Your claim towards the repair bill for the damages to your car will be dishonoured if the driver is found driving under the influence of alcohol or an intoxicating substance. This car insurance add-on cover does not compensate for the costs of consumables such as nuts and bolts, screws, gearbox oil, brake oil, lubricants, etc. Regular wear and tear, mechanical breakdown or engine breakdown are not covered under the Nil Depreciation add-on cover. While settling claims, the Zero Depreciation add-on covers only the cost of the car part’s depreciation and does not cover compulsory deductibles. FAQs related to Zero Dep Insurance Purchasing a Zero Dep car insurance purely depends on your requirements and the type of car you own. For instance, if you own a luxury car or have bought a new car, buying a Nil Depreciation cover makes sense. Zero Dep add-on cover is only available for cars less than 5 years old. So, you cannot purchase the add-on if you own a car which is more than 5 years old. If your car is less than 5 years old, you are eligible to buy the Zero Depreciation add-on along with the Comprehensive Car Insurance Policy. Yes, zero depreciation is the same as bumper-to-bumper. They are just different names given to the same add-on cover. No, the Zero Depreciation add-on does not cover car tyres since they are subject to wear and tear. Have queries related to ACKO’s two wheeler insurance policy? Refer to our Policy Wordings for detailed information or reach out to us via email or phone using the information below Write to us at
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Have queries related to ACKO’s two wheeler insurance policy? Refer to our Policy Wordings for detailed information or reach out to us via email or phone using the information below Write to us at [email protected] Call us on 1800 266 2256 #36/5, Hustlehub One East, Somasandrapalya, 27th Main Rd, Sector 2, HSR Layout, Bengaluru, Karnataka 560102 Acko Group Companies: Download our ACKO app now! CIN: U74110KA2016PTC120161 The use of images and brands are only for the purpose of indication and illustration.
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Home Articles How to Get a PUC Certificate for your Vehicle (Car and Bike) Team Acko Aug 13, 2024 Having a valid Pollution Under Control (PUC) certificate is mandatory for all vehicles in India, yet many vehicle owners need to pay more attention to this requirement. A PUC certificate helps ensure your vehicle meets the prescribed emission standards, reducing air pollution. Just like a PUC certificate, it is also crucial that vehicle owners have a valid car insurance plan. Getting this certificate for your car or bike is quite simple - all it requires is a simple emission check at authorised PUC centers nationwide. In this guide, we'll walk you through the step-by-step process of getting a PUC certificate seamlessly. Contents Vehicular emissions are one of the major contributors to air pollution in India. The dangerous gases released from the exhausts can severely affect our health and the environment. These pollutants comprise a toxic mix of nitrogen oxides, sulfur oxides, carbon monoxide, benzene, and particulate matter. Long-term exposure to these can lead to aggravated respiratory diseases like asthma and lung cancer. The particulates can enter the bloodstream and increase risk of heart attacks and strokes. Children and the elderly are especially vulnerable. The pollution also gets absorbed in water bodies and soil, causing acid rain that damages forests and agricultural crops. It reacts with the ozone layer, causing holes leading to climate change effects like increased UV radiation and greenhouse effect. Many studies have linked vehicular fumes to developmental disorders in kids and even a reduction in life expectancy. By following emission norms and getting timely PUC checks, we can reduce this immense harm to human health and the environment. The tests ensure our vehicles comply with the pollution standards, so it's the duty of each citizen to acquire and renew this basic certificate. The PUCC full form is the "Pollution Under Control Certificate." It is a mandatory document for every vehicle owner in India. This certificate states that you can legally ride/drive a vehicle in India with respect to meeting environmental standards. In other words, it is a validation document that states that the vehicle’s emission levels are within the permissible levels set by the government. The PUC Certificate is issued by the authorised emission testing centres across the country. The issuance of an emission test certificate involves a thorough examination of the vehicle’s exhaust gas, and the test results are mentioned in the vehicle pollution certificate. Here are the ways to get a PUC certificate for your four-wheeler or two-wheeler Offline: By visiting the emission test centre Online: Through the VAHAN (Parivahan) portal Here are the steps to obtain a vehicle pollution certificate offline - Step 1: Take your vehicle (two-wheeler/four-wheeler) to the nearest emission testing centre. Step 2: The testing centre operator will analyse the exhaust emission
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pollution certificate offline - Step 1: Take your vehicle (two-wheeler/four-wheeler) to the nearest emission testing centre. Step 2: The testing centre operator will analyse the exhaust emission by placing the testing device inside the vehicle’s exhaust pipe. Step 3: The operator will generate the PUC certificate with the emission readings. Step 4: Pay the applicable fees and collect the pollution certificate. You can get a PUC Certificate at the following places: Fuel stations across the country with emission testing centres Authorised emission testing centres with computerised testing equipment Licenced standalone emission testing centres Here are the steps to get an online PUC Certificate - Step 1: Visit the VAHAN portal of the Parivahan website. Step 2: Click on “PUC Certificate.” Step 3: Enter the vehicle registration number, chassis number (last five characters), and verification code. Step 4: Click on “PUC Details.” Step 5: Print or download the pollution certificate. Note that you can only get the existing (active pollution certificate) PUC Certificate by following the steps mentioned earlier. You cannot renew or apply for a new pollution certificate online. The following steps will explain the procedure involved in the vehicle emission test for issuing a PUC Certificate. It is a simple procedure that takes only a few minutes. Step 1: Take your vehicle to the emission testing centre and position the vehicle as per the instructions stated by the emission testing device operator Step 2: The testing centre operator will insert a device inside the exhaust pipe Step 3: Start your vehicle and rev the engine so the device can analyse the exhaust emissions Step 4: The device will display the readings on the computer screen Step 5: The operator will click a picture of your vehicle’s registration plate and generate the PUC certificate Step 6: Pay the fees and collect the pollution certificate Petrol Vehicles Carbon Monoxide (CO) Test - Measures CO emissions to check for proper fuel combustion, engine efficiency, and air intake efficiency Hydrocarbon (HC) Test - Measures unburnt fuels to check the complete combustion of fuel in the engine Carbon dioxide (CO2) Test - Measures CO2 emissions for a complete picture of the vehicle's impact on the environment Diesel Vehicles Smoke Density Test - Measures black smoke emitted to check fuel combustion efficiency and engine wear and tear Idling CO Test - Measures CO emissions during engine idling to check combustion efficiency CNG/LPG Vehicles CO Test - Same as petrol vehicles to measure fuel combustion efficiency HC Test - Same as petrol vehicles to check complete fuel combustion Soundness of CNGdamage that can increase emissions The PUC certificate download process has become simpler thanks to the official VAHAN portal. You can follow these steps to download your pollution certificate online - Step 1: Visit the VAHAN portal’s official website . Step 2: Click on “PUC Certificate” from the top menu bar. Step
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portal. You can follow these steps to download your pollution certificate online - Step 1: Visit the VAHAN portal’s official website . Step 2: Click on “PUC Certificate” from the top menu bar. Step 3: Input details like vehicle registration number, chassis number (last five characters), and security code. Step 4: Click the “PUC Details” button. Step 5: The next page will display the PUC Certificate details. You can either download or print the pollution certificate. The bike/car PUC charges depend on fuel and vehicle types. The car/bike pollution certificate price ranges from Rs. 60 to Rs. 100, depending on the type of vehicle and type of fuel. Also, the PUC Certificate price can vary from one state to another. Checking the PUC status online is quick, easy, and straightforward. All you need is an internet-enabled smartphone or computer to check the pollution certificate online. Follow the steps mentioned below to conduct a PUC check online - Step 1: Visit the VAHAN portal via the Parivahan website . Step 2: Select “PUC Certificate”. Step 2: Enter your vehicle’s registration number and chassis number. Step 3: On the next page, you can view the status of your PUC Certificate. If you are looking to renew your PUC certificate online, then you should be aware that the process cannot be completed online. Your vehicle must undergo an emission test to renew the pollution certificate. And for that to happen, you must take the vehicle to the nearest emission testing centre. Hence, PUC renewal online is not possible. You can easily find the RTO-approved PUC centres online via the Parivahan PUC online portal. Here are the steps for it - Step 1: Log on to Parivahan’s VAHAN online portal . Step 2: Click on “PUC Centre List” from the top menu bar. Step 3: Choose the ‘State and Office’ from the drop-down list to view the list of RTO-approved vehicle pollution testing centres. The PUC certificate of vehicle is mandatory in India to ensure that the vehicle’s emission levels comply with the pollution norms. Every motor vehicle (twofour-wheelers) must have a pollution certificate, irrespective of fuel type. The Motor Vehicles Act of 1988 states that the pollution certificate for vehicles is a mandatory document to drive your vehicle legally on the roads. It is an essential document since it determines the amount of carbon emissions the vehicle produces, which is one of the key contributing factors to rising air pollution. Here are the rules and regulations related to pollution certificates for vehicles. Note that these are subject to changes. The permissible emission levels for vehicles are fixed under Rule 115 (2) of The Motor Vehicles Act, 1988. The acceptable emission levels for vehicles keep changing on a regular basis as per the government’s directives to keep the pollution levels in check. ARAI (Automotive Research Association of India) rolls out directives related to examining vehicle exhaust emissions, limits, and updated regulations. The PUC norms and the
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pollution levels in check. ARAI (Automotive Research Association of India) rolls out directives related to examining vehicle exhaust emissions, limits, and updated regulations. The PUC norms and the certificate format remain the same across the country. If the vehicle fails the PUC test (emission levels exceed the permissible level), the testing centre can issue a rejection slip. Under circumstances of non-compliance to the pollution norms, the registration authority can suspend the RC (Registration Certificate) and any other permits (with reasons recorded in writing) of the vehicle till the owner obtains a valid pollution certificate. A Pollution Under Control Certificate contains the following details - PUC Certificate serial number: This is a unique number assigned to each PUC certificate issued to track and identify the certificate. Vehicle details (registration number): The registration number, make, model and other details of the vehicle are mentioned to link the PUC certificate to the specific vehicle it is issued for. The date of the emission certificate test: The date on which the emission test was conducted on the vehicle and the PUC certificate was issued is clearly specified. Validity of the vehicle pollution certificate: The validity period (typically 6 months or 1 year) during which the PUC certificate is valid before the test needs to be repeated is shown. Emission test readings: The actual readings of the emission test for factors like CO, HC etc that were recorded by the testing machine during the test are displayed to allow cross-verification. The validity of the Pollution Under Control Certificate is limited, and it differs for new and old vehicles. Here are more details about the validity of the PUC Certificate in India. PUC validity for a car: The new car's PUC validity stands at 1 year. Post that period, you can search ‘ PUC near me ’ and renew the pollution certificate every 6 months. PUC validity for a bike: The validity of the pollution certificate for a new bike stands at 1 year. Once you cross that period, the renewed PUC Certificate is valid for 6 months. A pollution certificate for a new car is a must as per The Motor Vehicles Act. It is a mandatory document for legally driving a vehicle in India. You can refer to the following table to learn about the PUC rules (permissible levels) for new cars. Type of vehicle Carbon Monoxide (in %) Hydrocarbon (in PPM) BS6 and BS4 four-wheelers (CNG/LPG) 0.3 200 BS6 and BS4 four-wheelers (Petrol) 0.3 200 The PUC Certificate for new bikes is mandatory as per the rules and regulations of The Motor Vehicles Act. You can go through the following table to learn about the norms (permissible levels) for two-wheeler pollution certificates. Type of vehicle Carbon Monoxide (in %) Hydrocarbon (in PPM) BS6 two-wheelersLPG) 0.5 500 BS6 two-wheelers/three-wheelers (Petrol) 0.5 500 The emission testing of diesel vehicles is different from petrol vehicles. Hence, the rules for PUC for diesel
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(in PPM) BS6 two-wheelersLPG) 0.5 500 BS6 two-wheelers/three-wheelers (Petrol) 0.5 500 The emission testing of diesel vehicles is different from petrol vehicles. Hence, the rules for PUC for diesel vehicles are slightly different. Here are the details about pollution testing norms (permissible levels) for vehicles running on diesel fuel. Type of test Light Absorption Coefficient Maximum Smoke Density in Hartridge units Free acceleration test of BS4 diesel vehicles (naturally aspirated and turbocharged engine) 1.62 50 Free acceleration test of pre-BS4 diesel vehicles (naturally aspirated and turbocharged engine) 2.45 65 Here are the details pertaining to the PUC norms (permissible levels) for old vehicles, including cars, bikes, and three-wheelers. Type of vehicle Carbon Monoxide (in %) Hydrocarbon (in PPM) BS2 four-wheelers (Petrol) 3 1,500 BS3 four-wheelers (Petrol) 0.5 750 Twothree-wheelers manufactured on or before March 31, 2000 4.5 9,000 Two-stroke two/three-wheelers manufactured after March 31, 2000 3.5 6,000 Four-stroke two/three-wheelers manufactured after March 31, 2000 3.5 4,500 The process of emission testing for vehicles has seen some noteworthy technological innovations over the years. These have served to make the tests more accurate and efficient. The old manual testing system has given way to automated testing equipment at authorised PUC centers. This reduces human error and discretion during testing. The automated machines directly upload test readings to a centralised server for scrutiny. The testing methods have been standardised nationwide based on vehicle type and fuel used. This includes measurement of specific pollutants like CO, HC and smoke density through sensors inserted in the exhaust stream. Upgraded software algorithms analyse emissions accurately. Sophisticated sensors can now detect any tampering with a vehicle's emission control equipment or false reporting of test readings. This has reduced corruption and authenticates the PUCC better. Emission testing systems are now interconnected with regional and national transport databases for easier access to vehicle records and owner details. This aids in the enforcement of PUCC compliance. The technological upgrades have brought more accountability, reliability, and efficiency to the vehicle emission testing regime. For vehicle owners too, obtaining a genuine PUCC has become easier. Yes, you must carry a copy of the PUC Certificate (soft or hard copy) while driving the vehicle. As per the rules and regulations of The Motor Vehicles Act, the pollution certificate is a mandatory document to drive a vehicle legally in India. You can be penalised if you fail to produce the PUC Certificate during a general inspection. According to The Motor Vehicles Act, a PUC Certificate is mandatory to drive a vehicle in India. Not complying with the rules and regulations can attract penalties under Section 190 (2) of The Motor Vehicles Act. The penalty for not obtaining a PUC Certificate
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to drive a vehicle in India. Not complying with the rules and regulations can attract penalties under Section 190 (2) of The Motor Vehicles Act. The penalty for not obtaining a PUC Certificate stands at Rs. 1,000 for the first-time offence. For a repeat offence, the penalty inflates to Rs. 2,000. Note that the penalties can also vary from one state to another. The enforcement of PUC norms has been stepped up across many cities: In Delhi, over 57 lakh vehicles were fined in 2022 alone for not having a valid PUC certificate, compared to just 91,000 cars in 2021. This massive increase in crackdown highlights the serious consequences of non-compliance. Bengaluru traffic police recently launched special drives and fined over 6 lakh vehicles not conforming to emission norms in just 45 days. Surat traffic police is setting up PUC checking camps at petrol pumps and busy intersections to catch non-compliant vehicles. Over 60,000 vehicles have been booked here. The numbers speak for themselves. With environment conservation becoming paramount, enforcement agencies are proactively catching vehicles flouting PUC rules. As a responsible citizen, it's not just important, but crucial to get your vehicle tested and obtain a valid certificate. Non-compliance can lead to not just hefty fines, but also the immobilisation of your vehicle, and even the cancellation of vehicle registration in extreme cases. Being aware of the laws and adhering to them is the need of the hour. Yes, you need to have a PUC Certificate for a new car. Typically, the car dealer will provide the pollution certificate when you buy the vehicle, which is valid for a year. Yes, you can obtain the Pollution Under Control Certificate in another state. Yes, the PUC Certificate is valid throughout the country. You can renew the pollution certificate before the expiry date. Driving your vehicle with an expired PUC Certificate can attract penalties. Hence, it’s advisable to renew before expiry. The grace period for the renewal of the vehicle pollution certificate stands at seven days from the date of expiry. All motor vehicles that run on (ICE) Internal Combustion Engines (CNGdiesel) need to have a PUC Certificate. The cost of a PUC Certificate depends on the type of vehicle and fuel type. It usually ranges from Rs. 60 to Rs. 100. You can visit the official website of Parivahan to check the pollution certificate details and status online. Yes, you need to obtain the Pollution Under Control Certificate for BS6 vehicles. The validity of a PUC Certificate for a new BS6 vehicle is one year. Post that, you must renew the pollution certificate every six months. You cannot get a vehicle pollution certificate online. You need to visit the emission testing centre with your vehicle to get the PUC Certificate. The validity of the PUC Certificate for new two-wheelers is one year. Generally, it is issued by the vehicle manufacturer, and the vehicle dealer will provide you with the certificate. You can obtain the
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validity of the PUC Certificate for new two-wheelers is one year. Generally, it is issued by the vehicle manufacturer, and the vehicle dealer will provide you with the certificate. You can obtain the PUC Certificate for your bike from any of the authorised emission testing centres. Generally, the PUC centres are open on all days of the week. However, you can confirm the same with your nearest emission testing centre. Currently, there is no such facility available. Hence, you need to take your car to the nearest PUC centre to get the emission test done. You can visit the emission testing centre to renew the PUC Certificate issued in a different state. Since PUC is valid across the country, you can renew it from any state. There is no late fee for renewing an expired vehicle pollution certificate. You can visit the nearest emission test centre to renew the PUC Certificate. Currently, the pollution certificate is not available on the DigiLocker app. Hence, you need to carry a soft or hard copy of the PUC Certificate when you drive the vehicle. You cannot update the vehicle registration number in PUC Certificate. Only the authorised PUC centres can issue the certificate with the vehicle registration number. If you lose the pollution certificate, you can get it online by visiting the Parivahan portal. You can either download or print the certificate within a few clicks. One cannot submit a pollution certificate online application as it requires you to take the vehicle to an emission testing centre. You can only download the existing PUC online. If you don't have a PUC Certificate or are found carrying an expired one, the traffic police will have the right to get your vehicle seized. That is why you must always carry an updated PUC Certificate with you. Yes, a valid PUC Certificate is necessary for BS6 vehicles, too. PUC is a certificate issued by the government. It is only given to vehicles whose emission levels are at par with the emission norms. For new vehicles, you're covered for a year. After that, it's like visiting the dentist; you need a checkup every six months. It's a bit like failing a school test; you need to fix the problems (with your vehicle, in this case) and then re-take the test. Electric vehicles are like the teacher's pet; they don't need a PUC certificate because they don't emit pollutants. Just your vehicle. The test center will use your vehicle's registration number to pull up everything else they need. Not having one can be quite costly, with fines starting at Rs. 1,000 for the first offense. It's best just to keep it updated and avoid the hassle. Yes, it's like carrying a driver's license. You should have it with you (hard or soft copy) to show you follow the rules. Disclaimer: The information mentioned on this page is compiled from different websites and government sources. The information may be updated from time to time. Hence, please refer to the respective government websites and verify before making any decisions.
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from different websites and government sources. The information may be updated from time to time. Hence, please refer to the respective government websites and verify before making any decisions. Recent Articles ZX6R Price in India Guide: A Comprehensive Overview Team Acko Sept 9, 2024 How to Find Chassis Number, VIN, & Engine Number of Your Car in West-bengal TeamAcko Aug 29, 2024 How to Find Chassis Number, VIN, & Engine Number of Your Car in Uttarakhand TeamAcko Aug 29, 2024 How to Find Chassis Number, VIN, & Engine Number of Your Car in Tripura TeamAcko Aug 29, 2024 How to Find Chassis Number, VIN, & Engine Number of Your Car in Telangana TeamAcko Aug 29, 2024 All Articles Want to post any comments? Check PUC Status Instantly Enter your vehicle number Check your PUC #36/5, Hustlehub One East, Somasandrapalya, 27th Main Rd, Sector 2, HSR Layout, Bengaluru, Karnataka 560102 Acko Group Companies: Download our ACKO app now! CIN: U74110KA2016PTC120161 The use of images and brands are only for the purpose of indication and illustration.
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View Profile My policies Logout Buy or Renew Vehicle Insurance in 2 Minutes Affordable Premiums Hassle Free Claims No Paperwork Car number Looking to insure brand new car? Zero commissions, big savings UID: 5672 | *T&Cs apply Home death of a third party caused due to the insured bike. Similar to car insurance, buying third-party cover is mandatory, and the own damage cover is optional. Commercial vehicle insurance is an insurance policy that covers commercial vehicles like trucks, buses, etc. The coverage is similar to carmobile app. Also, since there are no intermediaries, policyholders can make informed decisions based on their needs. Quick Renewal Policies can be renewed almost instantly with the help of ACKO’s website or smartphone app. Satisfying Insurance Experience Right from researching plans, buying them, renewing them or making claims, online insurance is more convenient, time-saving and effective. Here are the top reasons to buy motor vehicle insurance online. Buying motor vehicle insurance provides you with third-party liability coverage. It is the coverage that covers you against damages to third-party property or injury or death of a third party caused due to your vehicle. The coverage saves you from legal hassles and financial losses. If you opt for an own-damage or Comprehensive Vehicle Insurance, you will get financial backup if your vehicle suffers damages due to accidents, natural disasters, vehicle theft and total loss. Hence, vehicle insurance can be your saviour if your vehicle is stolen or damaged significantly due to the reasons mentioned above. Buying a Personal Accident (PA) cover is mandatory when purchasing vehicle insurance. It provides coverage to the vehicle owner against accidental injuriesdisability. Vehicle insurance comes with several coverage benefits, depending on the policy you choose. The following are the coverage details of a Comprehensive Motor Insurance Policy. You can refer to the concerned policy’s Policy Wordings for a detailed list of inclusions and exclusions. What’s Covered? What’s Not Covered? Third-party Cover: Coverage for injuries to a third party or damages to their property. Own Damage: Damage to the insured vehicle due to an accident, fire, natural calamities or man-made calamities. Theft Cover: Insurance cover for the vehicle in case it gets stolen. ❌ Own damage is excluded in case of a Third-Party Policy. ❌ Damages to your vehicle when ridingdriving with an expired vehicle insurance policy. ❌ Damages to your vehicle when ridingreplacement of parts that are damaged due to regular wear and tear. ❌ Any claims related to personal items stolen from your vehicle. A vehicle insurance calculator or a premium calculator helps you determine the premium amount you would be required to pay for the chosen insurance coverage. It is simple to use and is available free of cost. All you have to do is share basic information about your vehicle, choose the required coverage, and you will come to know the
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insurance coverage. It is simple to use and is available free of cost. All you have to do is share basic information about your vehicle, choose the required coverage, and you will come to know the approximate cost for the coverage. Here are the steps to follow to know the payable premium. Step 1: Visit www.acko.com or download the mobile app to buy a vehicle insurance policy online. Step 2: Enter your vehicle (carbreakdowns outside a 100 kilometres radius of your residence during the policy period. When you don't raise a claim during the previous policy period, ACKO rewards you in the form of an NCB discount on the premium amount during renewal. This discount can go up to 50% if you don't raise a claim for five consecutive years. In case your car is stolen or damaged beyond repair, the Return to Invoice add-on cover will help you recover the amount mentioned on the car's invoice value, including the car registration cost and road tax as well. Along with a Third-party vehicle insurance plan, it is compulsory to own a Personal Accident Cover in India. This additional cover provides financial protection in the event of permanent disabilityreplacement cost in case your helmet is stolen or damaged in an accident, fire, man-made or natural calamities. When you buy this add-on cover along with your Comprehensive car insurance policy, you can secure your near and dear ones in case of permanent disabilitybike, make an online payment. Once you pay the premium amount, you will receive the policy document in your inbox. Here are the steps to buy or renew vehicle insurance online on ACKO Step 1: Scroll to the top of this page or download the ACKO app. Step 2: Enter your car registration number and click on the “Insure Now” button. Step 3: Choose the motor insurance plan and add-ons. Step 4: Customise the IDV as per your preference. Step 5: Pay the premium online to instantly buy or renew vehicle insurance online. Note: Existing ACKO customers can simply log in to your account and renew the policy by clicking on your policy card. Filing a claim on ACKO is easy and hassle-free. All you have to do is log in to your account via the website or mobile app to raise a claim. Here is how the claims are settled on ACKO. Step 1: Log in to your account and click on the Claim Now section. Step 2: Provide details about the claim and upload the relevant images of vehicle damage. Step 3: Depending on the type of damage, ACKO will settle the claim within a few hoursvehicle insurance. The three types of motor insurance are car insurance, bike insurance and commercial vehicle insurance. Motor insurance is an insurance plan that provides insurance coverage for your vehicle. The main benefits of motor insurance are backup against financial losses and legal liabilities. There are mainly three types of motor insurance products: Third-party Liability Policy, Comprehensive Insurance Plan and Personal Accident (PA) cover. Motor insurance refers to an insurance plan that provides
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mainly three types of motor insurance products: Third-party Liability Policy, Comprehensive Insurance Plan and Personal Accident (PA) cover. Motor insurance refers to an insurance plan that provides coverage for motor vehicles like cars, bikes, commercial vehicles, etc. To check vehicle insurance, you can visit the ACKO website or download the app and provide basic details of your vehicle. As per law, purchasing a Third-Party Vehicle Insurance Plan is mandatory. It safeguards you against third-party liabilities. As long as you own a vehicle legally, you can purchase a motor insurance policy for it. The vehicle insurance segment is primarily divided into private and commercial (or) heavy vehicle insurance. The next layer involves selecting either a Third-party Liability policy or a Comprehensive Motor Vehicle Insurance Plan. Vehicle owners purchase policies from certified insurance companies for their vehicles. If the vehicles get damaged, the policyholder raises a claim, the insurer verifies it, and if approved, settles the claim by paying the cost of repairs as per the terms and conditions of the policy. This is the basic working model of motor insurance in India. However, this can differ in special cases like theft or third-party liabilities. If you are driving a vehicle on public roads, then it must be insured. Not following such a mandate can lead to penalties and legal issues. The online motor insurance policy buying process can be completed under three to five minutes provided you have all the details handy and your smartphone5, Hustlehub One East, Somasandrapalya, 27th Main Rd, Sector 2, HSR Layout, Bengaluru, Karnataka 560102 Acko Group Companies: Download our ACKO app now! CIN: U74110KA2016PTC120161 The use of images and brands are only for the purpose of indication and illustration.
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Toll Free : 1800-209-1415 Motor Insurance Policy This policy covers all types of vehicles plying on public roads such as:- As per the Motor Vehicles Act, 1988 it is mandatory for every owner of a vehicle plying on public roads, to take an insurance policy, to cover the amount, which the owner becomes legally liable to pay as damages to third parties as a result of accidental death, bodily injury or damage to property. A Certificate of Insurance must be carried in the vehicle as a proof of such insurance. In this scheme, 2 types of covers are available: This covers third party liability for bodily injury liability and Motor Cycles. The policy is a combination of standard covers of various lines of businesses. This is a comprehensive policy that combines various products into one. It is beneficial for business enterprises. Protection against losses caused by fire, including damage to property and contents. Covers damage to engineering works, machinery, and equipment. Safeguards against theft and burglary-related damages. Coverage for loss of money, including cash, cheques, and other forms of currency. Protection for damage to plate glass in your premises. Covers losses due to dishonesty or fraud by employees. Insurance for damage to neon signs and their components. Protection for loss or damage to business-related baggage. Covers liability for certain risks with specified limits. Insurance for loss or damage to portable equipment used in business operations. Covers compensation for work-related injuries to employees. Protection against accidental damage to property. Covers goods and equipment while in transit. Additional coverage for miscellaneous risks not covered in the above sections. Note: Policy details given are indicative, not exhaustive. Please contact your nearest NIA office for further details. Rating depends upon the following factors: The policy can be extended to cover the following risks on payment of additional premium: In case of theft of vehicle or if the vehicle is totally damaged and beyond repairs in an accident, the claim amount payable will be determined on the basis of the IDV. The IDV of the vehicle is to be fixed on the basis of manufacturer's listed selling price of the brand and model of the vehicle proposed for insurance at the commencement of insurance / renewal and adjusted for depreciation as per schedule. IDV of vehicle which is beyond 5 years of age and of obsolete models of the vehicles (i.e. models which the manufacturers have discontinued to manufacture) is to be determined on the basis of an understanding between insurer and insured. Browser and Display Compatibility CIN Number: L66000MH1919GOI000526 | IRDAI Registration Number: 190 'Insurance Is The Subject Matter Of Solicitation' | © 2022 The New India Assurance Co Ltd All Rights Reserved. Registered Office Address: The New India Assurance Co. Ltd., #87, M.G.Road, Fort, Mumbai 400 001. WhatsApp Us Talk To Customer Support
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A four-wheeler is more than just a mode of transportation; it holds a special place in our hearts. We cherish our cars, spending Sunday afternoons grooming and cleaning them, ensuring they remain in top-notch condition. Regular maintenance, like checking engine oil and maintaining tyre pressure, is essential, but there's more to safeguarding our cherished machines. One of the best ways to ensure all-round protection for your car is by investing in a car insurance policy. A four-wheeler insurance policy acts as the ultimate safety net, providing financial coverage in case of accidents or even theft. It offers peace of mind by allowing you to get necessary repairs done without worrying about excessive expenses. However, determining the right amount of coverage your car needs, as well as finding the appropriate premium to pay, can be a challenging task. That's where a car insurance calculator comes into play. To know more about car insurance cost calculators and how to use it effectively, you may want to keep reading. This will help you make informed choices and ensure your beloved car is well-protected while staying within your budget. A car insurance calculator or a car insurance premium calculator is a convenient and efficient online tool designed to provide an accurate quote for your car insurance premium. You only need to enter your car's registration number into the calculator, and it will generate a detailed premium quote based on various factors. The car insurance premium calculator goes beyond just providing a basic quote. It empowers you to customise essential aspects of your insurance, such as the Insured Declared Value (IDV) . Since a car insurance calculator helps determine the IDV, it is also called an IDV calculator. The IDV represents the maximum amount the insurance company will pay in the event of a total loss or theft of your car. Adjusting the IDV allows you to fine-tune your insurance coverage to meet your needs. Choose Add-On Covers Wisely: While car insurance add-ons enhance your coverage, it's crucial to be selective. Some add-ons come at an extra premium; adding too many may increase your overall premium. Use the car insurance premium calculator to identify essential add-ons that provide better coverage without excessively hiking the premiums. Car Accessories and Modifications: Installing safety attachments like anti-theft devices can reduce the theft risk and lower your car insurance premium. However, be cautious with specialised modifications, as specific alterations may increase premiums. Assess the impact of modifications on your premium before making any changes. Timely Renewals: Renewing your car insurance on time is paramount to retaining the valuable benefits of the No Claim Bonus (NCB). The NCB is a reward given to policyholders who maintain a claim-free record during the policy year, resulting in lower premiums, as a token of appreciation for safe driving. You can utilise the car insurance renewal premium
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