Bike owners in India are legally required to insure their two wheelers. The Motor Vehicles Act, 1988, makes it mandatory for all two wheelers to have a valid motor insurance policy. Bike insurance is a type of insurance coverage designed specifically for motorcycles and bikes. It provides financial protection to the policyholder against various risks and potential damages associated with owning and riding a bike. Bike insurance typically offers two primary types of coverage: third-party liability coverage and own damage coverage.
Third-party liability coverage is a crucial component of bike insurance. It protects the policyholder from legal liabilities arising from injuries, disabilities, or death caused to third parties in the event of an accident involving the insured bike. It also covers damages to third-party property, such as vehicles, buildings, or other structures. You can get a bike insurance policy for your bike at Bajaj Finance Insurance Mall. Bajaj provides some of the best bike insurance policies by various insurance providers like Acko. You can also get your Acko bike insurance renewal through the official website of Acko or at the Bajaj Finance Insurance Mall. Acko bike insurance renewal services provide benefits to customers that go beyond just meeting the statutory requirements. Here are six key benefits of Acko two wheeler insurance renewal services in India.
Acko two-wheeler insurance renewal plans provide comprehensive coverage against any loss or damage to your bike due to an accident, theft, natural calamity, fire, or any other event. This coverage is available for both new and pre-owned two-wheelers.
Acko two-wheeler insurance renewal plans come with the cashless service feature. This means that you can get your bike repaired at any of Acko network garages without having to pay out of pocket. The repair costs will be directly settled between Acko and the garage.
No Claim Bonus
Acko two-wheeler insurance renewal plans also come with the No Claim Bonus (NCB) feature. NCB is a discount that you get on your premium if you don’t make any claims during the policy period. This discount can be as high as 50% of your premium.
24×7 Roadside Assistance
Acko two-wheeler insurance renewal plans come with 24-hour roadside assistance. This includes services like towing, emergency fuel delivery, battery jump starts, and flat tyre assistance. This service is available to Acko customers across the country.
Easy Claim Settlement
Acko two-wheeler insurance renewal plans come with the promise of easy and fast claim settlement. Acko’s team of experienced insurance professionals will assist you in filing and settling claims quickly and hassle-free.
Acko two-wheeler insurance renewal plans can be renewed online in a few simple steps. All you have to do is visit Acko’s website, enter your bike’s registration number, and select the plan that best suits your needs. You can pay for the plan online using a debit or credit card. Renewing your two-wheeler insurance policy with Acko is the best way to ensure that your bike is protected at all times. Acko offers comprehensive coverage, cashless service, and easy claim settlement, making it the perfect choice for two-wheeler insurance renewal in India. To know how to check bike insurance status and renew your policy, visit the Acko website today.
Acko Bike Insurance renewal provides a host of benefits to two-wheeler owners in India, including financial protection, a convenient renewal process, coverage for third-party liabilities, comprehensive coverage, discounts, and coverage for accessories. Renewing your Acko two-wheeler insurance is an easy and affordable way to protect your two-wheeler and enjoy greater peace of mind.