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The exhilarating feeling of driving your brand-new BYD e6 off the showroom is truly special. However, the procedures do not stop at just buying this electric car. Purchasing comprehensive car insurance for your BYD e6 is crucial before you hit the road.
Let's understand why having valid car insurance is non-negotiable and how to buy the best policy for your BYD e6.
As per Indian motor vehicle laws, driving without insurance can lead to heavy penalties. You cannot take your BYD e6 on the road without valid car insurance.
A suitable car insurance policy shields you from massive financial burdens if your car gets damaged due to accidents, natural disasters, etc.
Car insurance provides coverage if your BYD e6 damages third-party property or causes injury/death to a third party. This coverage is mandatory by law.
Car insurance provides financial reimbursement if your car is stolen, subject to policy terms. This ensures you can replace your BYD e6 without having to shell out the full cost again.
This basic insurance covers liabilities from damage to third-party property/life. It does not cover any damage to your BYD e6.
A comprehensive policy covers third-party liabilities along with providing extensive coverage for damages to your own BYD e6 car. It is more expensive but provides wider protection.
What's Covered
What Is Not Covered
A comprehensive car insurance policy for your BYD e6 will typically include:
Cover for BYD e6 against damages due to accidents, collisions, fire, explosion, lightning, earthquakes, floods, etc.
Coverage for damages caused by man-made accidents like riots, strikes, and terrorist activities.
Cover for BYD e6 theft claims.
Add-on covers like zero depreciation, engine protector, NCB protection, etc.
There are certain standard exclusions in a car insurance policy:
Damage caused when driving under the influence of drugs/alcohol.
Losses arising from mechanical or electrical breakdown.
Wear and tear of consumable parts like tyres and batteries.
Damage caused when using the car outside geographical limits.
Losses when the car is being used for purposes not mentioned in the policy.
You can opt for the below add-ons to enhance your BYD e6's insurance coverage:
Zero Depreciation Cover: This add-on waives off the depreciation that is applied when replacing parts after an own damage claim. So the full cost of the new parts is paid without deducting depreciation, reducing your out-of-pocket expenses.
NCB Protection: This ensures your No Claim Bonus discount will remain intact next year even if you make a claim this year. Normally, NCB gets reduced when you make a claim. With this cover, your premium discount won't be impacted.
Engine Protector: Provides protection against damage to internal parts of the engine or gearbox due to leakage of lubricating oil or ingress of water. Covers repair/replacement costs up to the sum insured.
Key Replacement: This covers the cost of replacing your car keys if they are lost, stolen or damaged. This includes the key, lock and labour charges up to the specified limit.
Roadside Assistance: Provides emergency assistance when your car breaks down on the road. Services include on-spot repairs, refuelling, battery jump-start, flat tyre change, and towing to the nearest garage if required.
Here are the key perks of buying BYD e6 insurance from ACKO
Buying car insurance from ACKO can be done completely online in a few minutes without any physical documents or signatures. You just need to fill in some basic details to get a customised quote, and you can make the payment digitally as well.
ACKO allows you to modify your base third-party BYD e6 insurance with comprehensive and add-on covers as per your needs.
The entire claim process at ACKO, from intimation to inspection to approval, is fast and digital. You can intimate a claim via the ACKO app, and the surveyor inspection will be done quickly.
ACKO has tie-ups with multiple garages across India. You can get cashless repairs done at any of these network garages without having to pay from your pocket.
Each ACKO customer is assigned a relationship manager who serves as a single point of contact for policy servicing and claim support.
When your BYD e6 insurance is up for renewal, you can renew with ACKO in just a few clicks on their app or website.
Follow these simple steps to purchase or renew BYD e6 car insurance from ACKO:
Step 1: Visit the ACKO website or app and enter your BYD e6 registration number.
Step 2: Choose a suitable insurance plan and add-ons and complete the payment.
Step 3: The insurance policy will be emailed instantly.
Step 4: Upload an RC copy if needed to activate the policy.
Step 5: Renew easily at least 5 days before expiry by paying online.
ACKO makes it very easy to make a claim. Just follow these steps:
Step 1: Intimate claim by calling ACKO or registering the claim online.
Step 2: Documents submission on the ACKO portal.
Step 3: Inspection and assessment by ACKO representative.
Step 4: Claim settlement directly to your bank account.
Getting comprehensive coverage for your prized BYD e6 electric car is a no-brainer. Choose ACKO for a seamless, digital buying experience. Stay tension-free as you zip around in your BYD e6, knowing you and your car are fully protected!
The Insured Declared Value (IDV) of BYD e6 is calculated based on the manufacturer's listed selling price, depreciation as per the age of the car, accessories installed, and geography. A higher IDV means a higher premium.
No, a standard car insurance policy does not cover wear & tear, mechanical or electrical breakdown, damages due to driving under the influence, etc. One must opt for relevant add-ons to get wider coverage.
Copy of registration certificate, KYC documents like an Aadhaar Card, driving license and previous policy copies are required. A PUC certificate may also be needed.
It is illegal to drive without a valid PUC certificate. Most insurers will ask for it before selling or renewing a car insurance policy.
Yes, any modification, like installing a CNG kit, should be informed to the insurer. Premium may be impacted. Driving an undeclared modified car can result in claims rejection.
You can submit a request for transferring the insurance along with Forms 29 and 30, policy copy, NOC from the financier if hypothecated, and sale deed. The insurance company will transfer the policy to the new owner after completing verification and deducting nominal admin fees.