Mercedes Benz Car Insurance

You can purchase the Benz car insurance policy instantly, thanks to the digital process with zero paperwork. There is no filling of forms or tedious documentation. Hence, you can buy a car insurance policy in just a few minutes from ACKO.

You can compare different car insurance policies offered by ACKO before making the purchase decision. This flexibility is not available when you buy insurance offline. Compare car insurance plans, add-ons and additional services before purchasing the policy.

You can purchase/renew car insurance online from anywhere and anytime via ACKO’s website or mobile application. There is no need to visit the insurer’s office or any agent. Purchase/renew the policy from the comfort of your home/office.

The premium payable for car insurance is usually dependent on the car’s age, engine capacity and make. The reason for this is that the price of spare parts may vary depending on these factors. Thus, you may be required to input these details while buying a policy.

There are two types of insurance plans usually offered for cars. Namely, Third-party Car Insurance Plan and Comprehensive Car Insurance Plan. The latter is the more costlier of the two, but offers better coverage.

As the name may suggest, NCB is a bonus an insurer may grant the insured for not raising a claim during a policy term. This bonus is usually granted in the form of discounts in the policy premium during policy renewal.

The IDV of a car refers to its approximate current market value. In the event of loss or damage beyond repair of your insured car, your insurer may pay you this IDV amount as compensation. The more the IDV value you select, the more premium you may have to pay.

As previously mentioned, add-ons can be selected under a Comprehensive Car Insurance plan. Add-ons help to extend the coverage of the base plan. There are add-ons available for different requirements. However, you may be charged more for the same.

A PA cover provides monetary compensation in the case of the insured incurring accidental disability or death. Also, it is mandated by law to be in possession of one. However, this may increase the premium payable of your Mercedes car insurance.

As with most products and services in India, car insurance is usually sold with a Goods and Services Tax (GST). So, after choosing your car insurance plan, you may be billed 18% of the policy premium as tax. Thus, increasing the overall price.

As mentioned earlier, if you do not raise any claims during the policy term, you may earn a No Claim Bonus (NCB). This may reduce the policy premium amount. Usually, you can reduce up to 50% NCB after completing five consecutive claim-free years.

Buying car insurance online may be more cost-effective than buying it offline. This is because there are no intermediary costs like middlemen fees and other similar operating costs. So, online insurers may be able to offer their policies at more affordable costs.

Several insurers have taken their products online. So, buying car insurance online may give you the added advantage of being able to compare plans. This may help you narrow down a policy that offers adequate coverage to your car and also fits your budget.

Add-ons can be opted for under a Comprehensive Car Insurance Plan. They help to enhance the coverage of the base plan. However, you may be charged more depending on the add-ons you select. So, choose only the required add-ons while buying your policy.

If you opt for voluntary deductibles, you may have to pay a percentage of the repair costs when you raise a claim for vehicle damages. However, this may bring down the policy premium. So, if you are confident that you are a safe driver, you can choose this option.