ACKO Bike Insurance - Two-wheeler Insurance policy starting at Rs. 702*
Key features and benefits of the policy
Secure your ride with ACKO Bike Insurance
Learn about the features and benefits of the policy here
Coverage against theft, damage, and natural calamities
Covers your own insured vehicle against damages caused due to natural calamities, theft, fire, and accidents.
The policy covers benefits of third-party bike insurance as well. Covers the expenses of physical injuries caused to the third party. Also, damages or losses caused to their property or vehicle.
Receive instant claim settlement for minor repairs
Log in to ACKO, answer a few questions, and upload the pictures showing damage to your two-wheeler to receive instant claim settlement for minor damages.
Repair your two-wheeler at any of the specialised ACKO cashless garages across India without paying in cash.
100% digital process
ACKO offers motor insurance policies with a 100% digital and paperless process. The claim settlement process is also fully digital.
Personal accident cover
Gives coverage of up to Rs. 15 lakh in case of accidents. It covers injuries, disability, or death of the owner-rider.
No Claim Bonus
Benefit from the No Claim Bonus and get up to a 50% discount on your own damage premium, depending on the policy years.
Eligibility criteria and documents required
Anyone fulfilling the below-given criteria is eligible to buy the bike insurance. Also, below is some basic information you need to keep handy to buy the policy.
- Nationality: Indian
- Age: 18 years and above
- Valid vehicle registration number and certificate
- Two-wheeler registration number
- Mobile number
- Residential PIN code
- Previous policy details
Step-by-step guide to buy this policy
How to apply for the ACKO Bike Insurance
Watch this video to know how to apply for the ACKO Bike Insurance
Click on 'Get Quote’ to open the online application form.
Enter the vehicle type, two-wheeler registration number, mobile number, and residential PIN code. Check the terms and conditions and click on the ‘Get Quote’ button below.
Choose the IDV, NCB value, add-on covers, and plan type to get a list of relevant policies. You need to update your current policy expiry date here.
Click on the ‘Buy Now’ button. You will need to add owner-driver personal accident cover mandated by the RTO. Click on ‘Next’ to proceed.
Confirm the vehicle registration date and the previous policy type (comprehensive/third-party). Click on ‘Proceed’.
Enter vehicle owner’s name, date of birth, residential address, and contact number. Also, enter vehicle engine and chassis number (as per the RC) and previous policy details.
Review your previously filled details and make the payment through your preferred online payment mode. You can use net banking, UPI, credit/debit card to buy the policy.
After successful payment, your policy document will be available for you to download instantly. You will receive a copy of the policy document on your registered email ID within 5-7 working days.
You will also receive an SMS confirmation immediately after the after the payment processed successfully.
You can also access your policy details through the My Account section within 5-7 days after purchase.
Key policy inclusions and exclusions
Here’s quick look at the inclusions and exclusions under the ACKO Two-wheeler Insurance:
- Key inclusions
- Key exclusions
|Zero depreciation cover
|Coverage calculated without deducting the depreciated value
|Outstation emergency cover
|Assistance for accidents or vehicle breakdown while being out of station
|Engine protection cover
|Replacement of engine parts due to damages
|Consumable items such as screws, grease, brake oil, excluding fuel
|Coverage up to the insured declared value in case of theft of your two-wheeler
|Any loss or damage caused to your two-wheeler outside the geographical limits of India
|Any damage that your two-wheeler has suffered before buying this two-wheeler insurance policy
|Normal wear and tear
|Repair or replacement costs of damage caused over time due to regular usage to the two-wheeler’s parts
How to raise a cashless claim
Follow these steps to raise cashless claim requests with ACKO Two-wheeler Insurance:
Step 1 - Contact your insurer
Log in to acko.com or ACKO app and click on ‘Claim Now’ to register your claim request.You can also call 1800-266-2256 (toll-free) to register your claim or send an e-mail to email@example.com
Step 2 - Locate your nearest network garage
After registering the claim, take the two-wheeler to any ACKO network garage near you. In some cases, a crew member will take your vehicle for repairs at network garages.
Step 3 - Repair cost and coverage is estimated
A surveyor and a mechanic will give you the estimate repair cost and the coverage amount based on the applicable terms and conditions.
Step 4 - ACKO settles the bill with the garage
The garage will repair the two-wheeler and settle the bill directly with ACKO.
You need to pay the balance (deductibles) amount to the garage.
How to raise a reimbursement claim
To reimburse your two-wheeler repairing bills with ACKO Two-wheeler Insurance, follow these steps.
Step 1 - Contact the insurer
Log in to acko.com or ACKO app using your registered mobile number or call 1800-266-2256 (toll-free) and inform ACKO about the damage to your vehicle.
Step 2 - Repair your two-wheeler at any of your preferred garages
Get your two-wheeler repaired at your preferred garage, pay the bills, and retain the invoice.
Step 3 - Step 3 - Submit the required documents
Submit the reimbursement claim with ACKO by logging in to their website or app and uploading the invoice and the other necessary documents.
Step 4 - Claim settlement
ACKO will review your claim and verify the documents to process the reimbursement as per the policy's terms and conditions.
Documents required for raising a claim request
Here is the list of documents that you need to raise a claim request with ACKO Two-wheeler Insurance.
- Copy of the registration certificate (RC) of your vehicle
- Copy of your driving licence
- Policy number
- Description of the incident and photographs of the vehicle (if possible)
- First Information Report (FIR) in case of theft, injuries to any third party or damage to their property
- The original bills for the repairs of the two-wheeler (in case of reimbursement claim)
Frequently asked questions
You need to file an FIR for a bike theft, or any injury caused to a third party or damage to their property. You do not require to file an FIR if the claim is for minor accidents.
Purchasing ACKO two-wheeler insurance policy from Bajaj Finance Insurance Mall is a hassle-free process requiring zero paperwork.
ACKO comprehensive two-wheeler insurance provides cashless and instant claim settlement (within 2 hours) for minor damages in 647 cities across India.
You can avail of the following add-on covers on the ACKO bike insurance policy:
Zero depreciation cover: This will cover the cost of repair and replacement without deducting the depreciated value.
Outstation emergency cover: Suppose that your two-wheeler meets with an accident or breaks down outside a 100 km radius from your residence. In such cases, ACKO will reimburse the amount mentioned in the add-on cover for repairs that take more than 12 hours.
Engine protection cover: This add-on insurance cover will pay for repairing or replacing engine parts. It covers any damages caused by floods, leakage of coolant or lubricating oil to the engine parts.
Consumable’s cover: This covers the cost of consumable items such as screw, grease, and brake oil, except the cost of fuel.
Insured declared value
This is the maximum sum assured towards the vehicle in case of theft, damage, or total loss of vehicle.
No Claim Bonus (NCB)
Insurance companies offer NCB as a discount on renewal premium. The vehicle owner gains NCB for having a claim-free policy year.
This add-on cover pays the cost of consumables if you need to replace or refill them due to an accident.
The decrease in value of a vehicle with time is called depreciation value. As each part of the vehicle wears out with time, the overall value of the vehicle also diminishes.