Upto 85% off on BYD Atto 3 Car Insurance
Buy or Renew BYD Atto 3 Car Insurance Online in 2 Minutes ⚡️
Looking to insure brand new car?
Zero commissions, big savings
The futuristic all-electric BYD Atto 3 has captured the imagination of eco-conscious car buyers in India. With its striking design, long range and host of smart features, the Atto 3 seems like an attractive option for those looking to switch to electric mobility.
However, owning this next-gen EV involves more than just driving it out of the showroom. Ensuring adequate insurance coverage is crucial to truly owning the BYD Atto 3. Let's explore the need and options for getting comprehensive car insurance for your prized BYD Atto 3.
Having a valid car insurance policy is not just legally mandatory but also financially prudent for all car owners. For the BYD Atto 3 specifically, there are several compelling reasons to have insurance:
Car insurance, at the very least, provides third-party liability cover, which is mandatory by law. This covers any injury or damage caused by your Atto 3 to others on the road. Without this basic cover, you face unlimited liability.
The BYD Atto 3 is an expensive EV with lots of technologically advanced features. In case of accidents, theft or damage, repair costs can be very high, putting a dent in your savings. Insurance covers these extensive repairs.
Along with third-party cover, own damage and other covers protect your car itself from various kinds of damage. It gives you complete peace of mind.
There are a few common car insurance policies that you can consider for the BYD Atto 3:
This basic policy only covers injury or property damage liability towards third parties. There is no cover for damage to your own Atto 3. While it is affordable, this policy has limited utility.
It is the most comprehensive and popular policy; it covers third-party liability along with extensive own damage cover. Provides end-to-end protection for your EV.
If you already have a third-party policy, this add-on policy can be bought to cover only your own damage. Gives additional protection.
What is Covered
What is not Covered
The BYD Atto 3 car insurance policy provides coverage against a host of risks subject to policy terms:
Third-party bodily injury and death
Third-party property damage
Damage to own car arising from accidents
Theft of car or its parts
Loss due to natural calamities like floods or lightning
Loss due to man-made disasters like riots, strikes, etc
Additional covers like towing charges or key replacement
While comprehensive, car insurance does come with a few standard exclusions:
Damages to the vehicle caused by driving under the influence of drugs/alcohol
Regular wear and tear of consumable parts
Losses occurring outside specified geographic limits
Mechanical or electrical breakdown of parts
Damage caused to the car by an unnamed or unlicensed driver
Losses occurring during war, nuclear explosion or radiation
Losses arising outside the insured time period
Some useful add-ons that enhance coverage for the BYD Atto 3 are:
Waives off depreciation to be applied on parts during claims to reduce payouts. Useful for new cars.
Provides additional protection for critical and expensive EV components like the battery pack and motors.
This covers the full cost of replacing car keys if they are lost or stolen.
Covers cost of oil, filters, etc., that may need to be changed after an accident while claiming settlement.
Provides towing service, on-site repairs, etc., in case the car breaks down on the road.
Settles claim based on full invoice value instead of depreciated market value.
ACKO provides a superior insurance buying experience for the BYD Atto 3 owner:
Lower Premiums - ACKO offers very competitive premium rates compared to traditional insurers.
Digital Process - The entire policy process, from purchase to claims, is digital and hassle-free.
Instant Policy - Get your electronic policy copy instantly upon purchase completion.
Lifetime Support - Dedicated customer support team for any queries or claims assistance.
Cashless Garages - Seamless repairs and claims at ACKO's wide network of cashless garages.
Flexibility - Customize your cover with optional add-ons as per your needs.
Below are the steps to buy or renew insurance for your BYD Atto 3 with ACKO:
Step 1) Visit the ACKO website or download the mobile app
Step 2) Enter the registration number and details
Step 3) Choose insurance type, add-ons and customized coverage and make premium payment digitally via cards, UPI, etc., to instantly buy or renew the policy.
ACKO makes raising and settling claims simple:
Step 1 - Intimate ACKO of claim via the website, app, or call centre.
Step 2 - Take your car to the nearest garage. Inform if availing cashless facility.
Step 3 - The ACKO surveyor will inspect the damage and approve the covered amount.
Step 4 - For cashless, ACKO will directly pay the service centre for the approved amount.
To enjoy your futuristic BYD Atto 3 without worry, it's prudent to buy ample car insurance coverage from a reliable insurer like ACKO. The cashless digital process ensures your prized EV is protected against financial loss. Choose relevant add-ons and drive into the future safely insured!
Yes, the standard own damage cover on comprehensive policies for BYD Atto 3 will include protection for all EV-specific parts like the battery pack, motor, etc.
Yes, the max claim amount payable under own damage is restricted to the Insured Declared Value (IDV) of the car, which is based on the manufacturer's listed selling price and depreciation.
Yes, most insurers offer a discount of 5-10% on own damage premiums for membership of recognized auto associations.
In case of Total Loss, the insurer will pay the full IDV of the car (subject to policy terms and depreciation), after which the car ownership will be transferred to the insurer.
Yes, you can inform your insurer about aftermarket modifications done on the Atto 3 to get appropriate coverage at a slightly higher premium.
You'll need to submit your policy copy, FIR or police report in case of theft/third party damage, repair estimates from the garage, RC copy and KYC documents like driver's license as applicable based on the claim type.