BMW R nineT Bike Insurance

How can I buy ACKO two-wheeler insurance for my BMW R nineT bike?

To buy ACKO bike insurance, all you need to do is visit the ACKO website/app. Enter three basic details: vehicle make/model, year of purchase and previous policy details. Next, choose your insurance plan and add-ons and make the payment online. That’s it. Your two-wheeler insurance purchase is complete. There is no filling of forms or documentation. The insurance policy will be instantly sent to your email address.

Which 2-wheeler insurance plan should I buy for my BMW R nineT bike?

Since the BMW R nineT is a high-end bike, you can consider purchasing the Comprehensive Bike Insurance Plan. The Comprehensive Policy provides all-around coverage for your bike, including, Third-Party and Own Damage cover. The insurance plan also covers unfortunate incidents such as theft or total loss of the insured bike. Apart from that, you can also buy add-ons to enhance the coverage of the policy.

Which add-ons should I buy for BMW R nineT bike insurance?

You can consider purchasing Engine Protect Cover, Roadside Assistance Cover, Outstation Emergency Cover, Consumables Cover and Zero Depreciation Cover for BMW R nineT bike. Note that only a Comprehensive Two-wheeler Insurance Plan allows you to buy add-ons. For the full list of add-ons offered by ACKO, click here.

How much time does it take to renew the ACKO Bike Insurance Policy?

It takes only a few minutes to renew ACKO 2-wheeler Insurance Policy as there is no documentation or filling of forms. Log in to your ACKO account via website/app, select the insurance policy and add-on on your policy card and make the payment online. The renewed two-wheeler insurance policy will be instantly sent to your email address.

What if my bike gets damaged due to flooding? Does bike insurance cover such losses?

Yes, a Comprehensive 2-wheeler Insurance Plan covers damages to your motorcycle caused by natural disasters such as flooding, earthquake, etc. So, if your BMW R nineT gets damaged due to water-logging or flooding, you can raise a claim against the insurance plan, provided you have opted for the Comprehensive Policy.

What is NCB in BMW R nineT bike insurance?

NCB or No Claim Bonus is a discount benefit awarded to you by ACKO for making zero claims and riding safely during the previous policy period. The NCB discount is applied to the premium at the time of renewal of the two-wheeler insurance policy. The percentage of NCB discount depends on how many claim-free years you have accumulated over time. The discount goes up to 50% if you have made no claims for five consecutive years.

What is IDV in BMW R nineT bike insurance?

Insured Declared Value (IDV) is the approximate current market value of your two-wheeler. IDV can also be defined as the maximum claim amount ACKO pays you as compensation if the insured bike suffers a total loss or stolen.

Can I set the IDV as per my needs when buying two-wheeler insurance?

Yes. You can set the Insured Declared Value as per your requirement when buying a Comprehensive Bike Insurance Plan from ACKO. By default, ACKO will suggest you the optimum IDV for your bike. But you can adjust the IDV as per your needs with the help of the IDV slider. IDV is the maximum sum insured amount that you will receive if your scooter is stolen or damaged beyond repair. Hence, you must declare the correct value of your bike.

How can I get discounts while purchasing ACKO Two-wheeler Insurance Policy?

You can get a discount while buying ACKO bike insurance by installing an anti-theft/security device, which is certified by ARAI (Automotive Research Association of India). You can also get discounts by opting for Voluntary Deductible and via the NCB (No Claim Bonus) earned by you.

Is Personal Accident cover included with ACKO Bike Insurance Policy?

No. Personal Accident (PA) cover is not included with the policy. You have to purchase the PA cover separately while buying/renewing the bike insurance policy. A Personal Accident cover is mandatory as per law. You need to have only one PA cover if you own multiple vehicles.