ACKO two-wheeler insurance renewal

Here’s a complete guide to how you can renew your ACKO bike insurance online without any hassle.
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ACKO two-wheeler insurance renewal
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3 mins
25-July-2023

Renewing your two-wheeler insurance policy in time will benefit you with continued coverages and bonus additions. You also stay legally compliant by having a valid bike insurance policy. Having a comprehensive insurance policy with a trustworthy insurer such as ACKO is essential to safeguard your ride. ACKO is one of the leading digital insurance providers in India. With their easy-to-use website and app, ACKO makes it effortless to renew your two-wheeler insurance policy.

Read on to know the renewal process for ACKO two-wheeler insurance, its core features, and benefits.

ACKO two-wheeler insurance renewal online – Key features

Here’s a quick view at the features of ACKO bike insurance.

Features

Specifications

Own damage cover

Available on comprehensive bike insurance

Third-party cover

Available

Personal accident cover

Available up to Rs. 15 lakh

Add-on covers

Offered on comprehensive bike insurance

Claim settlement

Instant claim settlement within 2 hours for minor damages.

Claim settlement ratio

92.7% for FY 22-23


Here are the features of ACKO two-wheeler insurance policy in detail.

Comprehensive coverage:

ACKO offers a range of policies to fit your specific needs. From third-party liability coverage to comprehensive coverage, ACKO has got you covered.

Quick and easy:

ACKO offers a hassle-free and easy-to-use platform, making it easy to renew your two-wheeler insurance policy in a matter of minutes.

Hand-picked features:

Customers can opt for value-added features such as zero depreciation, daily allowance, towing assistance and many more.

Digital-first insurer:

Being a digital-first insurer ACKO eliminates middlemen, reduces paperwork, and delivers the best customer experience.

Benefits of ACKO bike insurance renewal online

Here are the benefits of renewing your ACKO bike insurance online.

Convenient:

You can purchase or renew your ACKO bike insurance policy effortlessly from the comfort of your home or office.

Hassle-free process:

The process of renewing your policy online is straightforward and entirely paperless.

Instant policy issuance:

You can download your policy directly from ACKO's website or mobile app. No waiting for a physical copy to arrive.

Steps to renew ACKO bike insurance

Follow these steps to renew ACKO two-wheeler insurance online:

  • Go to ACKO's website or download the mobile app and click on the 'Renewal' option.
  • Enter your policy details, including the policy number and expiry date.
  • Select the coverage that you require, including any add-ons such as zero depreciation cover and breakdown assistance.
  • Review your policy details and confirm your purchase.
  • Make your payment conveniently via debit or credit card, net banking, or digital wallets.
  • Download your renewed policy instantly from the website or through the app.

How to buy ACKO bike insurance on Bajaj Finance Insurance Mall?

Here’s a step-by-step guide to buying ACKO two-wheeler insurance through Bajaj Finance Insurance Mall.

Step 1: Visit Bajaj Finance Insurance Mall and view the comprehensive two-wheeler insurance plans offered by leading motor insurance companies.

Step 2: Click on 'Get Quote’ to open the online application form.

Step 3: 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.

Step 4: 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.

Step 5: 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.

Step 6: Confirm the vehicle registration date and the previous policy type (comprehensive/third-party). Click on ‘Proceed’.

Step 7: 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.

Step 8: 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.

How to renew ACKO two-wheeler insurance offline?

ACKO has a robust digital platform offering all policies online without any hassle. However, if you wish to renew your two-wheeler insurance policy with ACKO offline, you can visit any of their offices with your policy documents.

Documents required for renewal of ACKO bike insurance

To renew your ACKO bike insurance policy, you will need to provide the following documents:

  • A copy of your expiring two-wheeler insurance policy.
  • Your bike's registration certificate or smart card.
  • A copy of your driving licence and your current address proof.

Do not let unexpected events on the road catch you off guard. Renew your bike insurance policy with ACKO and secure your ride today.

Frequently asked questions

How do I renew my expired bike insurance policy?

You can renew your bike insurance policy even if it has expired. Usually, insurers provide a grace period of 30-60 days to renew your policy after expiry. The grace period may vary from insurer to insurer. Simply visit your insurer's website or mobile app, enter your policy details, and select the renew option. Follow the process and make payment for the renewal. If your policy has expired for more than 90 days, you may have to undergo a vehicle inspection before the policy gets renewed.

Can I renew the two-wheeler insurance online?

Yes, most insurance providers offer online renewal options that are quick and hassle-free. All you have to do is visit the insurer's website or mobile app, enter your policy details and select the renew option. You can then select the policy that fits your needs and make payment online.

How to renew bike insurance after one year?

If you have missed renewing your bike insurance for over one year, you would need to undergo a vehicle inspection before the policy gets renewed. Once the inspection is done, you can visit your insurer's website or mobile app, enter your policy details, and select the renew option. Choose the policy that fits your needs and make payment for the renewal. It is advisable to buy a comprehensive policy that offers complete coverage for your bike.

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