Acko is India's first fully digital insurance company, licensed by IRDAI (Registration No. 157) in 2016. It sells auto, health, and travel insurance online with no agents, no branch visits, and no paperwork. More than 8 crore policyholders now use Acko, and Acko bike insurance has become one of the most searched two-wheeler products in India for a simple reason: you can buy or renew a policy from your phone in about a minute.
Acko bike insurance covers your two-wheeler against accidents, theft, fire, vandalism, and natural disasters and includes personal accident coverage for the rider. Repairs are handled cashlessly at network garages, and minor damage claims can be settled within hours through the app.
Here's the part most buyers miss: if you're purchasing or renewing Acko two-wheeler insurance anyway, routing the purchase through Demandeals gets you cashback on top of Acko's direct pricing. This guide covers the plan types, real price ranges, how Acko compares with Bajaj Allianz, HDFC Ergo, and IFFCO Tokio, and the exact steps to lock in your cashback when buying Acko bike insurance online.
Acko Bike Insurance Plans: Third-Party vs Comprehensive
Acko sells two types of bike insurance, and the difference matters both legally and financially. The Motor Vehicles Act, 1988, requires every two-wheeler on Indian roads to carry at least third-party insurance. Riding without it can mean a ₹2,000 fine for a first offense, on top of being personally liable for any damage caused to others. Comprehensive cover costs more but is the only plan that also protects your own bike.
Both plans are fully regulated products. Acko General Insurance Ltd. is registered with the Insurance Regulatory and Development Authority of India under IRDAI Registration No. 157, and its two-wheeler package policy carries UIN IRDAN157RP0002V01201819.
Third-Party Bike Insurance: What It Covers and What It Doesn't
Third-party insurance exists to protect other people from your bike, not your bike from damage. If your bike injures someone or damages their property, this policy pays for it. It covers:
- Injury, disability, or death of a third party in an accident caused by your bike, and liability before the Motor Accident Claims Tribunal
- Damage to third-party vehicles or property, up to ₹1 lakh for property damage
- Legal expenses and liabilities arising from third-party claims against you
It does not cover:
- Damage to your own bike from accidents, fire, or natural disasters
- Theft of your bike
- Mechanical or electrical breakdown, wear and tear, or depreciation
- Any incident while driving under the influence, or without a valid license
Third-party premiums are fixed by the IRDAI, so the price is identical across insurers for the same engine capacity. What differs is how easy the insurer makes buying and claiming — and that's where Acko's fully digital process gives it an edge.
Comprehensive Bike Insurance: Full Protection Breakdown
A comprehensive policy includes everything in third-party cover plus own-damage protection, so a single policy covers what you owe others and what your own repairs cost. Acko's comprehensive plan includes:
- Third-party liability: everything the third-party plan covers
- Own damage: repairs to your bike after an accident, fire, or vandalism
- Theft: payout of the Insured Declared Value (IDV) if the bike is stolen and not recovered
- Natural disasters: floods, storms, cyclones, earthquakes, and landslides
- Personal accident cover: up to ₹15 lakh for the owner-rider against accidental death or disability (mandatory unless you already hold a standalone PA cover)
- Add-ons: zero depreciation, roadside assistance, engine protection, and consumables cover (detailed below)
Pay attention to the IDV—it drives both your premium and your maximum claim payout. It reflects your bike's current market value after depreciation and drops every year. Acko lets you adjust the IDV within a band while buying: a higher IDV means a slightly higher premium but a bigger payout on theft or total loss. Ride a full policy year without a claim, and you earn a No Claim Bonus (NCB)—a renewal discount on the own-damage portion starting at 20% and rising to 50% after five claim-free years. The NCB belongs to you, not the bike, and carries over if you switch insurers.
Unlike third-party rates, comprehensive premiums vary by bike model, age, IDV, city, and the add-ons you choose — so it's worth checking your exact quote rather than relying on averages.
Premium Estimate by Bike Engine Size
Third-party rates below are the IRDAI-notified annual slabs. Comprehensive figures are ballpark ranges for a typical 2–5 year-old bike; your exact quote depends on IDV, city, and add-ons.
| Bike CC Range | Approx. Third-Party Annual Premium | Approx. Comprehensive Annual Premium |
|---|---|---|
| Up to 75cc | ₹538 | ₹900 – ₹1,500 |
| 75cc – 150cc | ₹714 | ₹1,300 – ₹2,500 |
| 150cc – 350cc | ₹1,366 | ₹2,500 – ₹6,000 |
| Above 350cc | ₹2,804 | ₹5,000 – ₹15,000+ |
Third-party rates are set by the IRDAI and revised periodically—these ranges are estimates, not quotes. Electric two-wheelers have separate battery-capacity slabs starting at ₹457 for scooters under 3 kW. Always confirm the current rate on Acko's official site or the IRDAI before budgeting.
For context: a commuter like a Hero Splendor or Honda Activa falls in the 75cc–150cc slab, a Royal Enfield Classic 350 sits in the 150cc–350cc slab, and anything from a KTM Duke 390 upward lands in the top bracket.
Acko vs Competitors Comparison
| Feature | Acko | Bajaj Allianz | HDFC Ergo | IFFCO Tokio |
|---|---|---|---|---|
| Cashless Garages | 4,000+ | 6,500+ | 6,800+ | 4,300+ |
| Claim Settlement Ratio (FY 2024–25)* | 99.98% | ~98% | 98.85% | 85.27% |
| Premium Range (150cc, Comprehensive) | ₹2,500 – ₹4,500 | ₹2,800 – ₹5,000 | ₹2,800 – ₹5,500 | ₹2,600 – ₹5,000 |
| Online Purchase | Fully digital, no agents | Online + agents | Online + agents | Online + agents |
| Zero Depreciation Add-on | Yes | Yes | Yes | Yes |
"Claim settlement ratio" refers to claims settled within 3 months per IRDAI FY 2024–25 disclosures; garage counts and premium ranges are approximate and change over time—verify current figures on each insurer's site before comparing.
Read this table against your own priorities. Legacy insurers like HDFC Ergo and Bajaj Allianz win on raw garage count, which matters if you ride through smaller towns. Acko wins on the highest settlement ratio in the group, instant app-based settlement for minor damage, doorstep pick-up in select cities, and zero-commission pricing that keeps premiums toward the lower end of the range.
Key Features of Acko Bike Insurance
- 100% online process — buy or renew from your phone in about 60 seconds. Enter your registration number, pick a plan, and pay; Acko pulls your bike's make and model automatically.
- Instant policy issuance — the policy PDF lands in your email as soon as payment clears. No wait period, no courier.
- Zero paperwork — no physical forms, no signatures, and no vehicle inspection for most bikes.
- Low premiums — Acko sells directly with no agent or broker commission, passing that saving on as lower pricing.
- Cashless repairs — get your bike fixed at 4,000+ network garages across India, paying only the deductible.
- Fast claims — minor damage claims can be settled within hours through the app: upload photos, answer a few questions, and receive the payout.
- 24x7 support at 1800 266 2256 for claims and assistance.
Add-On Covers Available on Acko
Add-ons apply only to the comprehensive plan. Costs below are annual figures for a typical 150cc bike; your exact quote will vary with bike age and model.
| Add-on | What It Does | Approx. Annual Cost |
|---|---|---|
| Zero Depreciation | Full claim payout without deducting depreciation on plastic, rubber, and fibre parts | ₹200 – ₹500 |
| Roadside Assistance (RSA) | Covers towing, flat tyre assistance, fuel delivery, and breakdown support anywhere in India | ₹100 – ₹300 |
| Engine Protector | Covers engine damage from floods, water ingress, or oil/coolant leakage — typically excluded from the base policy | ₹150 – ₹400 |
| Consumables Cover | Pays for nuts, bolts, grease, brake oil, and other consumables used during repairs | ₹50 – ₹200 |
If you add only one, make it zero depreciation on a bike under 5 years old. Without it, insurers can deduct up to 50% depreciation on plastic and rubber parts before paying a claim—turning a ₹6,000 repair bill into a ₹3,500 payout. Engine protection is worth serious thought if you live in a flood-prone city, since water damage to the engine is excluded from the base policy.
How to Buy Acko Bike Insurance Online: Step by Step
- Visit the Acko two-wheeler insurance and click Avail Offer. This activates cashback tracking for your session.
- You're redirected to the official Acko website. Enter your bike's registration number, and Acko instantly pulls the make and model.
- Choose third-party or comprehensive cover and the policy duration. Confirm your current policy details.
- Adjust the IDV if needed and select add-ons.
- Enter your personal details, complete KYC verification, and pay via UPI, card, or net banking.
- Your policy PDF arrives by email within minutes — check your name, registration number, IDV, and policy dates. Errors can be corrected with a free endorsement.
Important for cashback: complete the entire purchase in the same browser tab and session you started from on Demandeals. If you close the tab, open a new one, or switch devices midway, the tracking link breaks and the purchase can't be credited.
How to File a Cashless Claim on Acko
- Report the claim first. Log in to acko.com or the Acko app and tap Claim Now, or call the 24-hour toll-free helpline 1800 266 2256. Always intimate the claim before starting any repair.
- Fill out the claim form. Answer a few questions about the incident and upload clear photos of the damage. Theft or total-loss claims also need the FIR, RC, and keys.
- Find a network garage. Use the garage locator in the Acko app or website, or opt for doorstep pick-up where available.
- Get the repair done. Acko settles the approved bill directly with the garage — you pay only the deductible.
- Or take instant settlement. For minor damage, Acko can transfer the assessed amount straight to your bank account within hours, skipping the garage entirely.
How to Get Cashback on Acko Insurance via Demandeals
- Click Avail Offer on the Demandeals Acko two-wheeler insurance page. This tags the visit to your Demandeals account.
- Complete your purchase on Acko's website in the same tab and session — don't close the window or finish on another device.
- Receive your policy PDF from Acko by email, usually within minutes of payment.
- Share the policy PDF with Demandeals, with all details clearly visible—this is our verification step.
- Get your cashback. We confirm the order within 48–72 hours (usually 2–3 days), and cashback is credited per the offer terms.
Already have a car to insure too? Demandeals runs the same cashback model on Acko car insurance, and you can browse every active policy offer under Loans & Insurance.
Final Words
Buying Acko two-wheeler insurance through Demandeals stacks a regulated, low-cost policy with cashback on the same purchase. Compare the plans, complete the purchase in one session, and share your policy PDF with us—your bike is protected, and the cashback lands in your account within a few days.
Frequently Asked Questions
Is Acko bike insurance IRDAI approved?
Yes. Acko General Insurance Ltd. is licensed by the Insurance Regulatory and Development Authority of India under IRDAI Registration No. 157, with a two-wheeler package policy under UIN IRDAN157RP0002V01201819.
What is Acko's bike insurance claim settlement ratio?
Per IRDAI disclosures for FY 2024–25, Acko settled 99.98% of claims within 3 months — among the highest figures in Indian general insurance. Minor two-wheeler damage claims are often settled within hours through the app.
Can I buy Acko insurance if my bike is over 5 years old?
Yes. Acko covers older bikes; you just need the registration number for a quote. The IDV, and therefore the maximum claim payout, decreases with depreciation, so very old bikes may only be offered third-party cover. If a policy has lapsed for more than 90 days, a short inspection is required before renewal.
How long does Acko take to settle a two-wheeler claim?
Instant-settlement minor damage claims are paid within a few hours of photo verification. Cashless garage repairs are approved shortly after claim intimation, and reimbursement claims are typically processed within a few working days of submitting the invoice. Theft and total-loss claims take longer since they depend on the FIR and police report.
What documents are needed for Acko bike insurance online?
To buy or renew, you need just your bike's registration number and basic KYC details. Keep your policy copy, RC, and driving license handy too—theft or total-loss claims additionally require an FIR and the bike's keys.
