ACKO Car Insurance renewal

Know the benefits of renewing car insurance with ACKO, and the different renewal processes.
Get Quote
ACKO Car Insurance renewal
Get Quote
3 mins
25-July-2023

Renewing your car insurance policy on time is essential to keep your vehicle protected. ACKO is one of the leading digital insurance providers in India, which offers an easy and hassle-free car insurance renewal process.

Here’s a quick guide to the renewal process for ACKO car insurance, its core features, and benefits.

ACKO car insurance renewal online – Key features

ACKO offers several features on its comprehensive car insurance that makes it one of the best car insurance policies. Here’s a quick view of the features offered.

Features

Specifications

Own damage cover

Available on comprehensive bike insurance

Third-party cover

Available

Personal accident cover

Available up to Rs. 15 lakh

Add-on covers

Offered with comprehensive bike insurance

Claim settlement

Instant claim settlement within 2 hours for minor damages.

Claim settlement ratio

92.7% for FY 22-23


Read to know about the features in detail.

Comprehensive coverage:

ACKO offers complete coverage against various risks, including accidents, theft, natural calamities, and third-party liabilities.

Quick and easy renewal process:

You can complete the renewal process for ACKO car insurance in just a few minutes, with its quick, easy, and hassle-free online process.

Flexible payment options:

Pay for your policy using various online payment modes, including credit and debit cards, net banking, and digital wallets.

Additional discounts and benefits:

ACKO offers various discounts and benefits such as No Claim Bonus, discounts on policy renewal, and savings on repair costs at affiliated garages.

Benefits of ACKO car insurance renewal online

Here are the benefits of renewing ACKO car insurance online.

  • Renew your policy online from the comfort of your home or office.
  • Online renewal is often more cost-effective when compared to offline renewal processes.
  • Renewing your policy online eliminates the need to visit the insurer's office or wait in long queues to renew your policy. Also, if you want to look for other policies, you do not have to visit every insurer to know their policies.
  • You can compare different car insurance policies online in one place. Buy the policy that fits your budget and requirement.

The process of renewing your policy online with ACKO is entirely paperless, making it a hassle-free process.

Steps to renew ACKO car insurance

Follow these steps to renew ACKO car insurance online:

  • Visit the ACKO website or download the mobile app.
  • Select the option to renew your motor insurance policy and enter the policy details.
  • Review your policy details and select the coverage that best suits your needs.
  • Make payment for your policy using your preferred payment method.
  • Download and save a copy of your policy.

How to renew the ACKO car insurance policy offline

If you prefer to renew your ACKO car insurance policy offline, you can visit any of their offices and provide the necessary documents. Collect your new policy documents, including the policy schedule, policy bond, and invoice.

Documents required for ACKO car insurance policy renewal

When renewing your car insurance policy with ACKO, you will need to provide below documents:

  • A copy of your old policy document.
  • Your car's registration certificate or smart card.
  • A copy of your driving licence and your current address proof.
  • A passport-sized photograph.

You can also buy the ACKO car insurance policy through Bajaj Finance Insurance Mall.

A step-by-step guide to buying ACKO car insurance

Follow the below steps to buy car insurance on Bajaj Finance Insurance Mall.

Step 1: Visit Bajaj Finance Insurance Mall and view the car insurance plans offered by leading motor insurance companies.
Step 2: Click on 'Get Quote’ to open the online application form.
Step 3: Enter the vehicle type, two-wheeler registration number, mobile number, and residential PIN code. Check the terms and conditions and click on the ‘Get Quote’ button below.
Step 4: Choose the IDV, NCB value, add-on covers, and plan type to get a list of relevant policies. You need to update your current policy expiry date here.
Step 5: Click on the ‘Buy Now’ button. You will need to add owner-driver personal accident cover mandated by the RTO. Click on ‘Next’ to proceed.
Step 6: Confirm the vehicle registration date and the previous policy type (comprehensive/third-party). Click on ‘Proceed’.
Step 7: Enter vehicle owner’s name, date of birth, residential address, and contact number. Also, enter vehicle engine and chassis number (as per the RC) and previous policy details.
Step 8: Review your previously filled details and make the payment through your preferred online payment mode. You can use net banking, UPI, credit/debit card to buy the policy.

With comprehensive coverage, easy renewal process, and great discounts and benefits, ACKO is a trustworthy insurance provider that keeps you secured on the road. Renew your ACKO car insurance policy on time and continue enjoying worry-free driving.

Related videos

Disclaimer

Insurance is the subject matter of solicitation. *T&C Apply - Bajaj Finance Limited (‘BFL’) is a registered corporate agent of third-party insurance products of Bajaj Allianz Life Insurance Company Limited, HDFC Life Insurance Company Limited, Future Generali Life Insurance Company Limited, Bajaj Allianz General Insurance Company Limited, SBI General Insurance Company Limited, ACKO General Insurance Limited, ICICI Lombard General Insurance Company Limited, HDFC ERGO General Insurance Company Limited, Tata AIG General Insurance Company Limited, Niva Bupa Health Insurance Company Limited, Aditya Birla Health Insurance Company Limited, Manipal Cigna Health Insurance Company Limited and Care Health Insurance Company Limited under the IRDAI composite CA registration number CA0101. Please note that, BFL does not underwrite the risk or act as an insurer. Your purchase of an insurance product is purely on a voluntary basis after your exercise of an independent due diligence on the suitability, viability of any insurance product. Any decision to purchase insurance product is solely at your own risk and responsibility and BFL shall not be liable for any loss or damage that any person may suffer, whether directly or indirectly. Please refer insurer's website for Policy Wordings. For more details on risk factors, terms and conditions and exclusions please read the product sales brochure carefully before concluding a sale. Tax benefits applicable if any, will be as per the prevailing tax laws. Tax laws are subject to change. Tax laws are subject to change. BFL does NOT provide Tax/Investment advisory services. Please consult your advisors before proceeding to purchase an insurance product. Visitors are hereby informed that their information submitted on the website may also be shared with insurers. BFL is also a distributor of other third-party products from Assistance Services providers such as CPP Assistance Services Pvt. Ltd., Bajaj Finserv Health Ltd. etc. All product information such as premium, benefits, exclusions, sum insured, value added services, etc. are authentic and solely based on the information received from the respective insurance company or the respective Assistance service provider company.

Note – While we have made all efforts and taken utmost care in gathering precise information about the products, features, benefits, etc. However, BFL cannot be held liable for any direct or indirect damage/loss. We request our customers to conduct their research about these products and refer to the respective product’s sales brochures before concluding their sale.