Own Damage Cover in Two-Wheeler Insurance Policy

Accidental Damage

Has an accident caused damage to your two-wheeler? Not to worry, the OD Insurance will cover the cost to repair or replace motor parts damaged due to the accident.

Natural Calamities

In case your bike is damaged due to floods, earthquakes, cyclones, etc. ACKO’s OD plan will cover the damages to your bike.

Man-made Calamities

Damages caused due to man-made calamities such as riots, vandalism, terror attacks, and strikes are covered under the OD plan.

Fire & Explosion

Fire and explosion can cause damages to your vehicle resulting in financial loss. ACKO’s Standalone OD plan covers such damages.

Theft/Malicious Acts

Theft of your two-wheeler can be worrying. However, with ACKO’s Own Damage Insurance, you can depend on us as the OD plan covers such losses.

Total Loss

In case the damages to your vehicle are beyond repair, ACKO’s OD Insurance will compensate you for such losses based on the terms and conditions.

Personal Belongings Cover - Damage/Theft

Wearing a helmet while riding your two-wheeler is not just mandatory, but it is also vital as it protects you against head injuries. Through the add-on, protect your helmet against repair/replacement costs arising from an accident, natural disaster, riots, theft, or fire.

Zero Depreciation Cover

Your two-wheeler depreciates due to regular wear and tear with time. However, with the Bike Zero Depreciation add-on, depreciation will not be considered while paying the replacement cost of the motor parts.

Roadside Assistance Cover

A breakdown such as a flat tyre in the middle of the road can be a worrying time. However, with this add-on, ACKO’s technicians will replace or repair the flat tyre and help you from unwanted inconvenience.

Key Protect Cover

In case your two-wheeler’s key is damaged, stolen, or lost, the add-on will protect you against the cost of repair or replacement of the key. Also, receive payment towards the repair or replacement of the lockset, if needed.

Outstation Emergency Cover

In case your two-wheeler breaks down outside the 100 km radius of your residence, the add-on will pay the amount specified in the cover.

Bike Engine Protect Cover

In case your bike’s engine is damaged due to floods, leakage of coolant or lubricating oil, not using the vehicle for a long time, or in case of a hydrostatic lock, the add-on will pay for the repair or replacement of engine parts.

Consumables Cover

During your bike repair, consumables items such as nut and bolt, screw, engine oil, grease, lubricants, distilled water, and similar items except fuel will be covered under this add-on.

Step 1

Download ACKO’s mobile app or visit our website.

Step 2

Enter your two-wheeler registration number and select your bike model.

Step 3

Select the year of manufacture, location, previous policy details (if available), etc.

Step 4

Select the plan, include valuable add-ons, and you get to calculate the premium.

Purchased a New Two-wheeler

If you bought a new two-wheeler recently, getting bike parts repaired or replaced can be expensive. A standalone Own Damage bike insurance policy will ensure you are financially protected in case of damages to your new bike.

New Riders

As a new rider of a two-wheeler, it is recommended that you secure yourself with a standalone Own Damage plan to cover possible liabilities.

Own an Expensive Bike

Repairing or replacing bike parts of an expensive bike can be costly. However, with the OD policy, you can be assured that it will save you money in case of damages to the bike.

Ride Frequently

As two-wheelers are a preferred mode of transportation in India, the chances of unforeseen damages due to accidents, fire, floods, riots, etc., are certainly more. However, with the OD bike insurance policy, you are protected against such losses.