Car Insurance in Visakhapatnam

As per Indian traffic laws, third party car insurance is a must-have for car owners. It offers financial support to compensate for losses incurred by a third party involved in an accident with your car. These losses include disability, death or damage to property.

An Own Damage Cover offers financial protection against accidental damages to your car. Coverage under this plan includes theft, damages caused by road accidents and damages caused by natural or manmade disasters.

This plan clubs the benefits of a Third-party and Own Damage Cover. This way, you receive coverage for scenarios covered under both covers.

As the name suggests, this plan offers the coverages of a Comprehensive Plan and a little more. You get the added benefit of free pick up and drop of your car for claim-related repairs. The only downside is, that you will have to pay a deductible of Rs. 5,000 if you get your car repaired without giving us prior notice.

Zero Depreciation Car Insurance is also popularly referred to as a “bumper to bumper insurance plan”. It offers the coverages of a Comprehensive - Basic Plan and also covers the depreciation costs of vehicle parts. In the absence of this plan, coverage usually extends only partially towards the replacement/repair of fibre and plastic car parts.

This plan provides all the benefits of a Zero Depreciation Plan at a reduced premium. However, coverage under this plan will get activated only if you pay a deductible of Rs. 5,000 during an accident-related claim. So, if you are confident that you are a safe driver and hence, unlikely to raise any claims, this plan is a cost-effective option for you.

This plan combines the benefits of a Comprehensive and Zero Depreciation plan. It also offers a free pick-up and drop facility for any claim-based repairs. The only catch is if you fail to inform us before getting your car repaired, you will have to put down a deductible of Rs. 5,000 from your side.

A Personal Accident (PA) Cover is not a motor insurance plan. Nevertheless, as per traffic laws, it is mandatory to have one to legally drive in India. It financially compensates the insured in the unfortunate event of disability or death resulting from an accident.

Since ACKO is a digital-first company, you avoid paying commissions to middlemen to avail of our insurance policies. We also save on operational costs due to our digital setup and use these savings to cut down on car insurance premiums.

At ACKO, we understand that it can be frustrating to wait to receive claim settlement for accidental damages. Hence, we make sure to process claims for minor damages within a few hours and credit the settlement as per the policy’s coverage.

Some of our plans are tailor-made to fit diverse insurance requirements and cannot be found elsewhere. Buying these plans will give you good value for your money. We also offer attractive premium discounts during special occasions and festivals.