New Delhi , Sep 24

Insurance, a new age online insurance provider, has launched the its first auto and bike insurance product - a comprehensive insurance policy that covers against any loss or damage and includes a wide range of add on covers that can be customized by the user. Vehicle owners can buy and renew their auto insurance on acko.com.

The newly announced comprehensive car insurance product is true value for money and is defined by killer prices, stress free claims and an easy purchase experience.

Launched in Mumbai, NCR (Delhi, Gurgaon, Noida), Pune, Bangalore, Hyderabad, Ahmedabad, Chennai, Kolkata for Car Insurance, it offers the best price and a claims guarantee within three days. Further, it offers users pick-up-drop and towing facility in these cities, in the case of a car accident and an assurance of getting the car back on the road within 3 days; if this is not the case, Acko will provide cab vouchers worth Rs. 500 everyday till the car is returned.

Spare parts such as consumables like nut, bolt, lubricant etc., are covered at no extra cost and it offers zero depreciation add-on at best prices. The process of buying the policy online is simple and intuitive and is complemented by easy to understand communication and requires no paperwork. The assurance of policy receipt instantly via email, rounds off the promise of convenience. The renewal process is just as easy for a lapsed policy, with inspection within one-hour of policy expiration and receipt of new policy on the same day.

"At Acko, we wish to rebuild insurance around what makes sense to consumers. Our game plan is to unbundle insurance in India to make it both more affordable and relevant to consumers," said Varun Dua, founder and CEO, Acko.

"We're really excited to bring this 'paisa vasool' product to the market, there's nothing like it. Consumers can now access low prices in one click based on their risk profile, and be confident that at the tap of a button - their claim will get paid in the fastest possible time. The customer experience is at the centre of this new product launch and in everything we do," added Dua.

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