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Home / Motor Insurance / Comprehensive Car Insurance
What is Comprehensive Insurance? A Comprehensive Car Insurance Policy or comprehensive insurance is a type of motor insurance plan that covers car-related expenses arising from accidents, calamities, & other covered instances. The policy covers both Third-party liability cover & Own-Damage Cover.
The following are the key features of a Comprehensive Car Insurance Policy.
In one policy, you get both the legally required third-party coverage and coverage against damages to your own vehicle.
Cashless repair in a network garage in the unfortunate event of your insured car sustaining accidental damages.
Coverage against third-party liabilities like accidental injury, death or property damage caused to a third party.
Compensation for costs arising from damages caused by natural and manmade disasters like fires, floods, riots, etc.
Coverage in the event of your four-wheeler getting stolen or if it incurs damage beyond the scope of repair.
Option to select add-ons to further customise and enhance the coverage of the policy.
Inclusions
Exclusions
Accidental damages to your car.
Damages to your car due to calamities such as riots, cyclones, earthquakes, etc.
Damages to your car due to fire accidents.
Damages to the third-party property/vehicle.
Injury/disability or death of the third party.
Personal accident cover (mandatory cover to be purchased separately).
Total loss or theft of the insured car.
Damages to your car while being transported.
Damages to the car while driving under the influence of alcohol or other intoxicating substances.
Damages to the car due to electrical and mechanical breakdown.
Damages to the insured car while driving without a valid Driving Licence.
Wear and tear components like tyres, clutch plates, etc.
Damages to the car due to negligence or careless driving.
Damages to the insured car due to illegal racing or overspeeding.
Here are the key benefits of Comprehensive insurance coverage for cars.
Comprehensive car insurance meaning stands for a policy that provides comprehensive coverage benefits like third-party liability coverage and own damage coverage.
It saves you from financial losses due to damage to your car and damage to the third-party property or injury/death of a third party.
Along with the Comprehensive insurance, you also need to buy the PA (Personal Accident) cover that provides coverage against injury/disability or death of the vehicle owner.
Here are the add-ons under the Comprehensive Car Insurance policy from ACKO.
The add-on nullifies the depreciation costs considered by an insurer during claim settlements.
The add-on provides coverage against engine, gearbox and differential damages.
The add-on allows you to claim the amount as per the invoice value in case of vehicle theft or total loss.
The add-on covers the cost of consumables (engine oil, nuts and bolts, oil filter, etc.)used during the repair of the insured vehicle
The add-on protects your No Claim Bonus even if you raise a claim against your car insurance policy.
The add-on covers the cost of repairing/replacing the keys and lockset if they are damaged or stolen.
The add-on covers any accidental damages or breakdown occurring outside a 100 km radius of your residence.
The add-on provides 24x7 roadside assistance (towing, puncture repair, etc.) in case of vehicle breakdown.
The add-on provides Personal Accident (PA) cover to passengers. It includes injury/disability or death due to an accident.
You should buy a Comprehensive Car Insurance Policy if you belong to any of the following categories.
New car owners
If you live in a metropolitan city
If you live in a high-risk area.
Luxury car owners.
New drivers.
If you are a road tripper.
Here are the top reasons to opt for Comprehensive insurance for your car.
The Comprehensive policy provides comprehensive coverage that includes coverage against damages to your car and saves you from financial losses incurred due to accidents, calamities, theft, etc.
With the Comprehensive insurance plan, you have the option to purchase add-on covers that enhance the policy coverage.
You can avail of cashless claims with a Comprehensive policy. You can get the car repaired at network garages, and the insurer will take care of the repair bill.
Insurers usually have a car insurance premium calculator tool on their website. You can make use of this tool by inputting your car and previous policy details (if applicable). Based on these details, the tool will generate a quote representing the applicable policy premium.
The premium payable for a policy is usually computed based on the following formula.
Premium payable= Fixed third-party insurance premium + (Own Damage component - NCB and other discounts (if applicable)) + Add-ons cost.
Here are the steps to buy Comprehensive Car insurance online from ACKO.
Step 1: Download the ACKO app or go to the top of this page.
Step 2: Enter your vehicle number and previous policy details (if applicable).
Step 3: Select the Comprehensive insurance plan and pay the premium online to instantly buy the policy.
Here are the steps to raise a claim against Comprehensive car insurance from ACKO.
Step 1: Download the ACKO app or visit the website to log in to your ACKO account.
Step 2: Click on “Register a Claim” on your policy card.
Step 3: Provide the necessary details and upload the documents, if required to raise a claim.
A Comprehensive car insurance plan doesn't provide bumper-to-bumper coverage. It provides coverage against third-party liabilities and damages to the insured vehicle caused by accidents, natural calamities, manmade disasters, and theft.
You can easily buy a comprehensive insurance plan if you have previously purchased third-party car insurance. Explore options from different insurers, compare policies, and make the switch online for a seamless transition to enhanced protection.
Choosing the best comprehensive car insurance depends on your requirements. Consider factors like coverage, cost, value-added services, customer support, and reviews to buy the best Comprehensive Car Insurance Policy.
First-party insurance refers to a standalone own damage insurance plan that provides coverage against damages to your insured vehicle. Comprehensive insurance is a bundled plan with third-party liability cover and first-party cover.
In general, car insurance refers to a motor insurance plan that provides coverage to a car. Comprehensive car insurance refers to a specific plan that offers own damage and third-party coverage.
No, Comprehensive insurance is not free. You must pay the premium while buying such a policy.
Yes, you can buy Comprehensive insurance for your car. It is an optional pan that provides own damage coverage and third-party coverage.
The bumper is covered under the Comprehensive car insurance plan.
The main benefit of Comprehensive insurance is that it offers own damage coverage. That means it covers damages to your car.
Full insurance and Comprehensive insurance are the same. They are two different terms which refer to the Comprehensive Car Insurance Policy.
Check the policy details to know if your car insurance is comprehensive. A Comprehensive policy offers third-party liability coverage and own damage coverage for your car. Review your policy documents or contact your insurer for confirmation.
Comprehensive car insurance costs vary depending on the make, model, coverage type, and add-ons you choose. Due to high risk, the premium for a comprehensive plan is higher than a basic third-party car insurance plan.
Comprehensive insurance is typically more expensive than third-party insurance. While a third-party liability policy covers damages to others, a comprehensive plan also covers own vehicle damages, offering broader coverage but at a higher cost.
Comprehensive car insurance policies typically have a validity of one year. However, you can also purchase multi-year (2 or 3 years) comprehensive car insurance plans. Buying a multi-year policy ensures peace of mind and uninterrupted long-term coverage against third-party liabilities and own damage.
Generally, third-party insurance is more affordable than comprehensive insurance as it covers only third-party liabilities. Third-party policy is a basic plan, and a comprehensive plan offers wider coverage. Hence, the third-party insurance plan is cheaper.
A Comprehensive car insurance plan covers the basic spare parts of the car. You can consider buying car accessories insurance add-ons to cover any other accessories installed in your vehicle. Such add-ons will cover the damages to additional accessories.
A 15-year-old car can usually get comprehensive insurance. However, some insurers may not provide comprehensive coverage due to higher risk. It's advisable to check with specific insurers to understand their offerings and find comprehensive coverage tailored to your needs.
Average comprehensive car insurance costs in India vary depending on the vehicle make/model, coverage type, location, etc. The average cost of comprehensive car insurance also varies depending on the add-ons and other services availed.
Yes, converting from third-party to comprehensive insurance is straightforward. You can easily switch plans online by researching and comparing policies from different insurers. Ensure that the comprehensive coverage meets your specific needs and budget.
Comprehensive car insurance is a policy providing a wide range of coverage benefits. It combines third-party and own damage insurance, providing extensive protection against various risks. It's a comprehensive solution for both third-party liability and own damage coverage.
Comprehensive car insurance typically has a validity of one year. However, for extended coverage, you can choose a long-term policy, allowing you to tailor the duration based on the number of years selected at the time of purchase.
Comprehensive car insurance is the better choice, offering both third-party coverage and Own Damage protection. A comprehensive policy offers holistic coverage, and you can also customize it with add-ons to enhance your policy's scope and ensure comprehensive protection for your vehicle.
In car insurance, Comprehensive coverage means that your four-wheeler is financially secured against own damages (theft, accidental damages and damages induced by manmade or natural calamities) and third-party liabilities.
No, unlike a Third-party Car Policy, it is not compulsory for car owners to possess Comprehensive Insurance coverage. Nevertheless, it is valuable because it financially shields against different scenarios.
Comprehensive Car Insurance is the best among the two, as it offers more coverage than Third-party Insurance.
Tsunamis and other such natural disasters can be covered under a Comprehensive Car Policy as per policy terms.
Yes, it is possible to upgrade from a Third-party to a Comprehensive Insurance Policy during policy renewal. Alternatively, if you are already covered under a long-term Third-party Policy, you can buy an Own Damage (OD) Standalone Cover. That way, you will have the coverage of a four wheeler comprehensive policy.
Yes, Comprehensive Insurance coverage includes accidental scratches to your car as per the terms and conditions of the policy.
Yes, Comprehensive Insurance (and its variants) offers the highest coverage you can buy for your car. Add-ons can also be purchased to further enhance coverage. For car insurance full coverage cost, you can head to our website and refer to the car insurance calculator tool.
You can choose an ideal Comprehensive Insurance Plan by comparing policies online. Comparisons can be made based on criteria like coverage, number of network garages, claim process, Claim Settlement Ratio (CSR), etc.
No, if you have a Comprehensive Policy, you do not need to buy a third-party cover separately. The reason is, a Comprehensive Policy includes the government-mandated third-party cover.
The prices of our Comprehensive Car Insurance Plans differ from one car variant to another. You can visit our website and get a free quote by selecting a preferred plan and other coverages.
The validity of Comprehensive Car Insurance is usually a year. However, if you opt for a long-term policy, coverage will extend based on the number of years you select at the time of purchase.
Have queries related to ACKO’s two wheeler insurance policy? Refer to our Policy Wordings for detailed information or reach out to us via email or phone using the information below
Write to us at [email protected]
Call us on 1800 266 2256