November 2020 - Insurance Renewal - Switched to Acko
While checking options, Acko was quoting the lowest. Been using New India for past 10 years and thought of a change. Acko was offering paper-less renewal and virtual and complete cashless claim. Reviews were good. Already had Acko on the Polo 1.2. They gave free 1-month extension during lock down. Renewal was pretty simple. No need upload any documents or vehicle photographs. Just had to enter vehicle number, select the make and model, owner name as per RC, and obviously mobile number and email ID and check and make payment. Policy was mailed instantaneously. Got the best IDV as well, ₹ 24,425.00, while New India was offering around ₹ 15,000.00.
Third-Party Premium - ₹ 752.00
Own Damage Premium - ₹ 63.00 (after 50% NCB)
GST (18%) - ₹ 146.70
Net Premium - ₹ 961.00