Acko Bike Insurance Review : Types, Features, Inclusions And Exclusions

If you are looking for a good and reliable bike insurance for yourself, then in this post, we will know about Acko bike Insurance. 

Which will help you to choose a good and affordable bike cover for your bike. So let’s know about the insurance of this company-


Acko Bike Insurance Review


Acko Bike Insurance Review


In today’s time getting bike cover has become very important, in such a situation there are many such companies, who insure us our bikes at a very affordable price. 

One of them is Acko Bike Insurance Company.  This company is not very old, this company was opened in 2016.  And today this company provides its service in more than 110 cities. 

With this company, you can get third party or liability Insurance, own damage cover or personal accident cover for your vehicle.  If we talk about the claim settlement ratio of this company, it is 94%. 

Which is considered very good.  This company provides convenience cover at a low price.  And if you want to claim any type of insurance from this company, then you will not face any kind of problem.

Also Read : Tata AIG Bike Insurance Review


Special features of Acko Bike Insurance Company


Special features of Acko Bike Insurance Company


Friends, Acko Bike Insurance Company is one of the largest cover companies in our country today.  The company also offers motor, life, term, health and travel cover . 

If you are looking to take your bike insurance from this company, then you should know some special features of this company before that.  Which we have discussed below-

Special Features
Premium Starts Starting at Rs. 2,702
Claim Ratio 94% in 2020 (FY)
Help Assistance 24×7
Zero Depreciation Available
Cashless Repairs Yes
Add-on Covers 8 add-ons available
Third Party Cover Available
Own Damage Cover Available
Personal Accident Cover Available

Add-on Cover


Friends, Acko Bike Insurance Company provides us with many types of add-on auctions, the main ones are-

  • Consumable Cover
  • Roadside assistance
  • Zero depression
  • Engine protection cover
  • No claim bonus
  • Invoice protection cover

Types of Acko Bike Insurance


Friends, this company provides us with different types of bike insurance.  Out of which Comprehensive Bike Insurance, Third Party and Liability cover , Own Damage Cover are the main ones.  Which are explained in detail below-


Comprehensive Bike Insurance


Friends, if you get comprehensive bike cover from Acko Bike Insurance Company, then you get to see a lot of covers.  In which damage to the vehicle, damage to the property of a third party person, any kind of injury to the car driver, collision, theft, fire and natural and man made climate will cover the vehicle.


Third Party or Liability Bike Insurance


We tell you in many of our insurance recommending posts that if you want to drive your vehicle on Indian roads, then it is very important to have at least one third party and liability cover . 

And this company provides us with third party bike insurance.  In which if you get into an accident, and the vehicle or person of a third party gets damaged, then this company provides cover to that third party person.


Inclusions And Exclusions


Friends, this company has kept some of its inclusions and exclusions.  If you are looking to insure your bike from this company, then you must know about them.  Then let’s know. To these inclusions and exclusions-


Inclusions


1. By this company, you will be given a cover of damages in any type of accident.

2. You will be covered for damages caused by fire, self-ignition, explosion and lightning.

3. If your car is stolen, the company will provide you with insurance for it.

4. In any type of natural disaster like earthquake flood you will get to see cover by this company.


Exclusions


1. If you do not have a valid driving license, and you have an accident while driving, and you or your vehicle is damaged, then you will not be given any insurance of any kind by this company.

2. If you are driving your vehicle under the influence of any intoxicant like alcohol, and you get into an accident, then this company will not have any responsibility for that.

3. If any type of fault occurs in the Tyre , tube or engine in your vehicle, then this company will not be responsible for it.

4. Even if your policy has expired, or is non-active, this company will not give you insurance.


Acko Bike Insurance Discounts


Friends, this company also gives us some discounts.  In which non claim bonus is the main one.  In Non Claim Bonus Discount if you had taken cover for your bike from this company last year, and did not make any claim of any kind. 

Then in such a situation, this company will give you a discount of 20% in your next year’s premium.  This exemption can also reach up to 50% in the next 5 years. About which we have given a chart below, which will make it easy for you to understand this discount-

No Claim Discounts
1 Claim Free Year 20%
2 Claim Free Year 25%
3 Claim Free Year 35%
4 Claim Free Year 45%
5 Claim Free Year 50%

Conclusion


Friends, to drive on Indian roads, it is very important to have a valid insurance and pollution certificate along with the valid papers of your vehicle. 

If you keep these papers with you, then you will not only be able to avoid the Challan caused due to them, as well as you will also be given cover if any kind of accident happens to you. 

Which can be a win-win deal for any person.  In today’s post, we learned about Acko Bike Insurance Company.  Along with this,

We also discussed the special features inclusion and exclusion of this company and finally the discount.  Hope you liked this post of ours today.  And it helped in choosing a good and affordable cover for yourself.

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