![]() | #16 |
Senior - BHPian Join Date: May 2006 Location: Pune
Posts: 1,384
Thanked: 1,305 Times
| ![]() I got the lowest quote from Digit on policy bazaar for my 4yr old Elantra and decided to take the leap of faith. For a comprehensive policy with roadside assistance and 8.5lacs of IDV, I paid Rs.17100 all inclusive which was at least 1.5k lesser than the next best quote. Am hoping I don't have to make a claim and try their claims process but let's see ![]() |
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![]() | #17 |
BHPian Join Date: Sep 2009 Location: Bombay
Posts: 708
Thanked: 830 Times
| ![]() I just got 2 cars renewed from them i.e. DIGIT. Acko was quoting lower but they just didn't inspire any confidence with their executives. I tried getting in touch with their upper management but they didn't reply. Surprisingly the quote I got from Cover fox was lesser than the quote generated by Digit's own website for my Elite i20. I pointed this out to their executive who was dealing with me and he promptly generated a matching quote and sent it to me. |
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![]() | #18 |
Newbie Join Date: Jan 2007 Location: Nellore (Andhra Pradesh)
Posts: 13
Thanked: 34 Times
| ![]() Got Acko car insurance on amazon app. Seemless experience. Simple process. But more importantly - The quotation was literally half the price of all other quotes from regular insurance companies like Bajaj, icici etc. This was a renewal for my Chevy Beat 2010 model with an idv of 1.5 lakhs. All quotes were a minimum of Rs 8000+. Acko was Rs 4280 all inclusive. With 5 yrs NCB. Acko says they are able to provide such low prices because they are completely online and don't have agents or sales mechanism so the operation costs are less and the agent profits are passed on to the customer directly. Not sure of their claim settlement percentage or how hassle free the claim process is. On the old Chevy I needed just basic third party insurance for statutory compliance. Not really a comprehensive insurance to cover costs of damage in case of damage. Hence took the risk without researching claim settlement percentage etc. But if acko's claims are true about why their costs are low, and if their claim settlement percentages are comparable to the rest of the industry, this could be a game changer! |
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![]() | #19 |
BHPian ![]() Join Date: Feb 2010 Location: Bangalore
Posts: 108
Thanked: 17 Times
| ![]() I am also looking to renew and had policy from Bajaj which offered a good price, good claim ratio and a free 24*7 roadside assistance. Read poor reviews on Digit here (mostly about 24*7 roadside assistance): https://www.quora.com/Is-Digit-car-i...a-good-company I am not sure whether these companies would be great when a claim is made! |
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![]() | #20 |
Senior - BHPian ![]() Join Date: Jul 2006 Location: bangalore
Posts: 1,830
Thanked: 2,821 Times
| ![]() I purchased a used car last month which was insured by Digit. Post Registration transfer in my name, called their customer care for Insurance transfer. Took me two calls to receive the link to upload the self inspection pics to approve the transfer. Then had to follow up twice again to get the transfer done and receive the soft copy. Not a good experience so far. |
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![]() | #21 |
Senior - BHPian Join Date: Sep 2008 Location: DL9C
Posts: 3,002
Thanked: 3,844 Times
| ![]() Any TML customers with Acko? Was just checking for a quote on Nexon. A fine print above the quote says - zero dep not possible for this manufacturer! Why? |
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![]() | #22 |
BHPian Join Date: Oct 2007 Location: Bangalore
Posts: 540
Thanked: 867 Times
| ![]() I had to make a claim for my Mahindra E2O with Digit Insurance. My experience with them was good. I have given the details of claim exprience in the Insurance Queries thread. Link to post (Automobile Insurance Queries? Ask me) |
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![]() | #23 |
BHPian ![]() Join Date: Aug 2009 Location: Pune
Posts: 89
Thanked: 39 Times
| ![]() Has anyone noticed the insurance premiums going down this year? My new Swift had close to 20K premium (zero dep) when bought last year, and now the quotes for renewal (comprehensive) seems to be in the 5-6K range. Its just the opposite of the trends I've seen in the last few years. Whats going on? Digit, Coco (HDFL) seems to be in the 5-6K range. Other common names like Bajaj, HDFC Ergo etc seem to have disappeared from the list (Policy Bazaar). The previous insurance was from HDFC Ergo, and I cant seem to renew it there. Any drastic change in IRDA regulations? Cheers |
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![]() | #24 |
Distinguished - BHPian ![]() ![]() Join Date: Dec 2012 Location: Ranchi
Posts: 3,998
Thanked: 8,882 Times
| ![]() True; I noticed the same today morning. My Civic's premium was mostly in the range of 15-18K for previous years. This time it is in the range of 10k. Quite a pleasant surprise! |
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![]() | #25 | |
Senior - BHPian ![]() | ![]() Quote:
Could the lower premium be due to a drastic drop in the IDV by the Insurance cos during the renewal? Can you verify the same with the Insurer? Did you guys pay the compulsory PA cover premium last year which this year may not be mandatory applied as PA cover has been de-linked to the TPL premium? Pls confirm. | |
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![]() | #26 | |
Senior - BHPian Join Date: Sep 2008 Location: DL9C
Posts: 3,002
Thanked: 3,844 Times
| ![]() Quote:
Same case would hold true next year as well post which you might see a small bump as TP premium kicks in for 4th year. | |
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![]() | #27 | |
BHPian ![]() Join Date: Jul 2012 Location: Chennai
Posts: 122
Thanked: 126 Times
| ![]() Quote:
Hope you can renew yours using the same. | |
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![]() | #28 |
Senior - BHPian ![]() | ![]() Anyone bought 2 wheeler insurance either from Acko or Digit? How's the experience been? My 10 yr old Honda Activa insurance is up for renewal. The existing Insurance Oriental Insurance is forcefully adding up the PA cover premium and not giving an option to remove it when I try to renew the policy. Called up their branch office and they parrot talked the same. On coverfox I am able to choose Insurance without PA cover premium included in the Insurance premium. |
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![]() | #29 |
Senior - BHPian ![]() | ![]() Binny Bansal, Canadian co back Acko in $65m round (Times of India 14-03-2009) |
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![]() | #30 | ||
BHPian ![]() | ![]() A positive claim experience from Go Digit insurance. Quoting from 2018 Ford EcoSport official review thread - Quote:
Quote:
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