Buy/Renew Best Car Insurance Policy Online in Bangalore

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Bangalore, or Bengaluru, known as the ‘Silicon Valley of India,’ is home to one of the highest working populations in the country. Owing to the large working crowd, the city faces enormous traffic, which leads to the possibility of damage to your car due to accidents; thus, in a city like Bangalore, the need for vehicle insurance becomes all the more essential. A car insurance policy in Bangalore provides financial compensation in case the insured car gets lost, stolen, or damaged in an unforeseen circumstance. Read on to learn more about car insurance in Bangalore and how you can buy or renew car insurance online. can buy or renew car insurance online.

Car Insurance Plans in Bangalore

Looking for car insurance plans near me in Bengaluru? ACKO provides different types of car insurance plans for your needs such as the following.

1. Third-party Insurance

As a vehicle owner, it is mandatory to own third-party car insurance while driving a car in India according to the Motor Vehicles Act of 1999. This plan offers financial protection against liabilities if you damage someone else’s car/property or injure someone in an accident.

2. Own Damage (OD) Car Insurance

Third-party Insurance does not cover you if your vehicle is stolen or damaged in an accident, fire, natural or man-made disaster, etc. For insurance coverage for your car, you should consider buying the Own Damage Insurance Cover along with the mandatory Third-party Insurance.

3. Comprehensive Car Insurance

A Comprehensive Insurance Plan secures you against financial liabilities arising from third-party liabilities, and damages or losses to your car due to theft, accidents, floods, riots, and more. It is better to opt for Comprehensive Insurance for broader insurance coverage for your vehicle and to reduce your financial burden during time of crisis.

Benefits of Buying Car Insurance in Bangalore

According to the latest reports, in terms of traffic, Bangalore has been recognised as the worst city in Asia and the 6th most congested city in the world. It also has one of the country's highest number of road accidents. This data shows why getting a car insurance policy in Bangalore is important. Moreover, in the section below, let’s take you through the benefits of buying a car insurance policy in Bengaluru:

Financial Protection: A car insurance policy in Bangalore serves as a crucial safety net by covering the costs of repairing or replacing your vehicle if it's damaged in an accident. Thus, offering financial protection in unforeseen circumstances, this insurance policy prevents your savings from draining out during such events.
Third-party Liability Coverage: It also provides liability protection, essential for safeguarding your finances in case you're held responsible for injuring someone else or damaging their property in a car accident.
Legal Mandatae: According to the Motor Vehicles Act of 1988, having at least third-party car insurance is mandatory whether you are in Bangalore or anywhere else. So, to legally drive your car, you must have a valid car insurance policy.
Add-ons: Car insurance policies can also be tailored to fit individual needs and preferences, offering flexibility in coverage limits by opting for different add-ons. Some add-ons you can include in your car insurance policy are No Claim Bonus Protector, Zero Depreciation Cover, Consumables Cover, etc. These add-ons are, however, available at higher premiums.

Inclusions and Exclusions of Car Insurance Policy in Bengaluru

The common inclusions and exclusions of a car insurance policy in Bangalore are:

Inclusions:

Coverage for vehicle damage due to accidents
Any damage to the vehicle due to fire outbreaks or natural disasters.
Third-party liability coverage
If the insured vehicle is lost or stolen
Personal accident injury

Exclusions:

Damage caused intentionally or due to involvement in illegal activities
Wear and tear, mechanical breakdown, or regular maintenance costs
Damage to personal belongings inside the vehicle
Using the vehicle for commercial purposes
Driving under the influence of alcohol or drugs
Overspeeding the vehicle
Driving a vehicle outside the geographical location mentioned in the policy document

ACKO Car Insurance Add-on Covers in Bangalore

Some of the add-ons that you can include while buying a car insurance policy in Bangalore are as follows:

Roadside Assistance Cover: The Roadside Assistance Cover assists in case you get stranded in the middle of the road and need assistance.
No Claim Bonus Protector: The No Claim Bonus Protector or NCB protects your accumulated No Claim Bonus even after you have raised a claim in a given year. With NCB in your policy, you can get a discount of up to 50% on premium amounts.
Consumables Cover: A car insurance policy typically does not cover consumables like lubricants, nuts and bolts, gearbox oil, etc. However, with this cover, you can get protection even for consumables.
Engine Protection Cover: The Engine Protection Cover protects you financially in case the car’s engine gets damaged in an accident.
Zero Depreciation Cover: With zero dep insurance add-on, you can get the complete claim amount, irrespective of the depreciation costs.

How Much Car Insurance Coverage Do You Need in Bangalore?

Whether you own a second-hand or new car in Bengaluru, you must at least have a third-party car insurance policy. But, owing to the high traffic in the city and the chances of road accidents, a third-party policy may not seem sufficient. Thus, it is advisable to get a Comprehensive Car Insurance policy to ensure complete coverage for your vehicle.

Factors Affecting Car Insurance Premiums in Bangalore

Listed below are the factors affecting the car insurance premium in Bangalore:

Type of Vehicle

The make and model of the vehicle significantly affects the premium. For instance, sedan cars will have higher premiums than any regular car.

Type of Insurance Coverage

The premium amount will vary depending on the policy you choose to buy. Typically, a Comprehensive policy will cost you more than the other plans available.

Driving Record

If the policyholder has a history of accidents, traffic violations, or claims, the premium amount can be higher. So, it is advisable to maintain a clean driving record.

Geographical Location

Premiums may be higher in areas with higher traffic density, crime rates, or severe weather conditions.

Deductibles

Higher deductibles typically result in lower premiums. So, while buying car insurance in Bangalore, you can customise the deductibles accordingly.

Anti-theft Devices

The installation of anti-theft devices helps policyholders get discounts on the premium amount. This is because it reduces the insurer’s liability in settling claims.

How To Buy Car Insurance Online in Bangalore

Listed below are in which you can buy a car insurance policy in Bangalore,

Go to car insurance option on ACKO’s website or mobile phone
Enter the vehicle registration number and click on ‘check prices’
Provide the vehicle related details such as its registration number, make, and model along with personal details like your mobile number, pincode, email address, etc
A list of car insurance plans will be visible
Select a suitable car insurance policy along with the necessary add-ons
Make the premium payment, after which you will receive the policy details

Benefits of Car Insurance Renewal Online in Bangalore with ACKO

Whether you buy your car insurance policy with ACKO or any other insurer, it is important to renew the plan as it comes with an expiry date. So, here are some of the reasons why you should renew your car insurance policy with ACKO:

Quick Process

The process to renew a car insurance policy with ACKO is quicker and seamless. You just need to enter a few details and get the policy renewed at your fingertips.

Minimal Paperwork

There is almost zero paperwork required when it comes to renewing ACKO car insurance. You can submit all the required documents online to complete the renewal process.

Abide by Laws

According to the Motor Vehicles Act, having at least a third-party car insurance policy is important. So, to avoid paying penalties, you need to renew the car insurance policy before its expiry.

How to File a Car Insurance Claim Online at ACKO in Bangalore?

Listed below are the steps you need to follow to file a car insurance claim with ACKO in Bangalore:

Go to the car insurance option on the ACKO app or website
Login with your mobile number
Your car insurance policy will be visible, then click on ‘register claim’
Next, enter the necessary documents like FIR, claim form, etc, and successfully register the claim

Documents Required for Filing a Car Insurance Claim in Bangalore

Listed below are some of the documents required to file a car insurance claim in Bangalore:

Driving license of the policyholder
Registration certificate of car
FIR (if required)
Identification proof of the policyholder
Original repair bills in case of reimbursement claim
Premium payment receipt

How to Download Your Car Insurance Policy Copy in Bangalore

Here is how you can download your car insurance policy in Bangalore:

Go to the car insurance option on the website
Login with your mobile number
Click on the ‘policy document’ and select ‘download’ option
Then, download the policy document and save it for future reference

How to Choose the Best Four-Wheeler Insurance Policy Online in Bengaluru?

Listed below are the factors to consider when buying a four-wheeler insurance policy online in Bangalore:

Check Your Coverage Requirements: Before you set out to buy a four-wheeler insurance policy, you must check the coverage you exactly need. For instance, if you occasionally drive your car, you can get Pay As You Drive Car Insurance.
Compare All the Plans Available: Before buying a four-wheeler insurance policy, you should compare the options available. This will help you evaluate the best policy for your vehicle based on your budget and requirements.
Select the Right IDV: IDV, or the Insured Declared Value, is the exact market value of your four-wheeler. Hence, declaring the right IDV when buying a car insurance policy is important. The higher the IDV, the higher the premium amount, so selecting the appropriate IDV is very important.
Choose Suitable Add-ons: There are a number of add-ons available that you can include in your four-wheeler insurance policy to enhance its coverage. Some add-ons you can consider adding to your policy are No Claim Bonus Protector, Zero Depreciation Cover, Roadside Assistance Cover, Key Loss Cover, etc.
Check the Claim Settlement Ratio: It is very important that you check the claim settlement ratio before settling on to buy any policy. The claim settlement ratio is the ratio between the number of claims raised to the number of claims settled. So, look for an insurer with a higher claim settlement ratio, as this will increase the chances of your claims settling.
24*7 Customer Support: You should buy a four-wheeler insurance policy from an insurer that offers 24*7 customer support. When you do so, you can stay assured that you will contact the customer support team whenever required.
Availability of Network Garages: Network garages are tied up with insurance companies and provide the option of a cashless repair facility. Hence, you should choose insurers that have a tie-up with a higher number of network garages.

Traffic Rules to Follow in Bangalore

Here is a list of traffic rules that you should follow in Bangalore to ensure a safe drive:

Do not drive under the influence of alcohol or any intoxicants
You must drive slowly during Bangalore rains
You need to carry all the vehicle related documents such as driving license, car insurance, etc
You must not overspeed or overtake vehicles while driving
You must always wear a seatbelt while driving
You must never skip traffic signals

Frequently Asked Questions (FAQs) about Car Insurance in Bangalore

FAQs

What are the different types of car insurance policies available in Bangalore?

The different types of car insurance you can buy in Bengaluru include Comprehensive Car Insurance, Third-party Car Insurance, and Standalone Own-damage car insurance.

Which policy is better for cars?

A Comprehensive Policy is considered the best for a car owner.

How can I buy the best car insurance policy in Bangalore?

To buy the best car insurance policy in Bangalore, you should compare all the policies available and buy it with insurers like ACKO.

What factors must I consider while buying a car insurance policy in Bangalore?

Some factors you need to consider to buy the best car insurance policy in Bangalore include claim settlement ratio, inclusions, exclusions, premium amount, type of policy, etc.