Car insurance is an essential aspect of owning a vehicle, providing financial protection against accidents, theft, and damages. Two prominent players in the car insurance market are Acko and Digit. Acko is an Indian digital insurance company founded in 2016, known for its innovative approach and hassle-free online policies. Digit, also an Indian insurer, was established in 2017 and has gained recognition for its customer-centric offerings and seamless digital experience. Both companies aim to provide affordable and comprehensive car insurance solutions tailored to the modern needs of policyholders. In this article, we will compare Acko and Digit car insurance, examining their coverage options, premiums, claim processes, user experience, and overall suitability for different drivers.
Having a reliable and good insurance company can be essential for a car owner. There are many options available, but often people have to go with their gut instinct when it comes down to choosing which company to go with. In the case of Acko and Digit, both companies have been around for years, which means that they have built up a reputation in the industry. However, some key differences make them stand out from each other. This article will help you decide which insurance company to go with, explains the pros and cons of both policies and how they compare with each other.
Choose the Best Car Insurance Company in India:
The definition of the best car insurance company is subjective as it varies from individual to individual depending on their requirements. For some individuals, a car insurance company that has the highest claim settlement ratio is the best, while for others the insurance company, which has a wide network of cashless garages, is the best. Thus, several parameters make an insurance company the best for an individual. One should consider the following factors while choosing a car insurance company.
- Network of cashless garages
- Claim settlement ratio
- Availability of add-ons
- Customer support service.
| Differences |
Acko Car Insurance |
Digit Car Insurance |
| Cashless Network Garages |
1300+ |
5800+ |
| Claim Settlement Ratio |
82.35% |
74.91% |
| Solvency Ratio |
1.91 |
2.01 |
| Claims settled |
10 lakhs |
90.4% |
| Branches |
200+ |
100+ |
Compare car insurance quotes from several top-rated providers in India and choose the best car Insurance Company for your needs. You want to make sure that you are fully protected and can get the coverage you need if there are any problems with your vehicle. Get car insurance online and you can settle claims in a hassle-free manner. Renew your policy with a few clicks, avoid queues and you will be back on the road faster. PolicyBachat caters you to the best car insurance companies in India for hassle-free claim settlement, easy comparisons, and a lot more. Compare Acko and Digit Car Insurance Company, which have a reliable claim settlement ratio in less period.
*The premiums are displayed according to your details, compare the quotes, and buy the policy according to your needs, and budget.*
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Acko Car Insurance
Acko General Insurance understands that car insurance is a simple and effective way to protect your car from unforeseen risks such as accidents, thefts, fire, natural disasters, or third-party liabilities. To secure your car from various types of damages and losses, the insurance company offers two types of car insurance policies namely third-party car insurance policies and comprehensive car insurance policies both of which are available at affordable premium rates.
Acko Car Insurance saves costs, complies with the law, and stays hassle-free with ACKO’s online car insurance policy. Stay safe Car insurance is a simple and effective way to protect your car from unforeseen risks such as accidents, thefts, fire, natural disasters, or third-party liabilities. Driving legally having valid third-party car insurance is mandatory by law when you are driving a car in India. Having good car insurance is a necessity to protect you from financial losses that come along with road accidents.
| What is Covered? |
Types of Policies |
Add-on/Riders |
- Lower premiums.
- No paperwork
- Doorstep Service claim settlement
- Claims settled instantly
- Lower Prices
- Convenient support, claims, or renewal.
- Stress-free Claims.
- Accidents and damages caused by the accident.
- Fire includes damages caused to your car due to self-ignition, explosion, and lightning.
- Theft In case your car gets stolen.
- Calamities Natural and man-made calamities such as earthquakes, riots, etc.
- Third-Party Losses Covers damages to a third party or property.
- Car Owner Covers damage to the insured’s car and the insured.
|
- Third party car insurance
- Commercial car insurance
- Own damage car insurance
- Comprehensive car insurance
- Basic zero depreciation car insurance
- Personal accident cover.
|
- Zero depreciation cover
- Key replacement cover
- Consumables cover
- No claim bonus (NCB) protection
- Personal accident cover for passengers
- Roadside assistance cover
- Outstation emergency cover
- Engine protection cover
- Return to invoice cover.
|
*Know about Acko Car Insurance benefits and coverages in this Article*
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Digit Car Insurance
Digit car insurance is a type of car insurance policy offered by Digit General Insurance, a private general insurance company in India. The company is known for its innovative and customer-centric approach to insurance, which includes the use of technology to simplify the insurance process and make it more accessible to consumers.
Digit car insurance offers a range of coverage options to protect car owners from financial losses in case of accidents, theft, or damage to their vehicles. The company offers comprehensive and third-party insurance policies and add-on covers that can be customized to meet the specific needs of individual customers.
| What is Covered? |
Types of Policies |
Add-on/Riders |
- Own Damage Section:
- Damage due to Fire, Explosion, Self Ignition, or Lightning.
- Burglary or Housebreaking or Theft.
- Damage due to Riot and Strike.
- Malicious damage
- Earthquake including Fire & Shock
- Damage due to Natural peril of Act of God such as Flood, Storm, Hurricane etc.
- Damage due to accidental external means
- Damage due to Terrorist activity.
- Damage caused to the car while in Transit by Rail, Road, and Inland waterway, Lift, Elevator or Air.
- Damage due to Landslide / Rockslide.
- Third Party Section:
- Legal liability arising out of bodily injury/death of third parties involved in an accident with the insured car.
- Property damage of third parties caused due to an accident involving the insured four wheeler car.
- Personal Accident Cover:
- Personal accident cover compensates in the event of death or disability of the owner/driver due to an unfortunate incident while traveling on the insured four wheeler car. The compensation under the personal accident cover of Digit car insurance policy would not exceed Rs.15 L.
|
- Third Party Car Insurance
- Comprehensive Car Insurance
- Standalone Own Damage Car Insurance
- Comprehensive Car Insurance with Add-ons
|
- Zero Depreciation
- Return to invoice
- Tyre Protect Cover
- Breakdown Assistance
- Consumable Cover
- Engine and Gear-box protection
- Daily conveyance benefit
- Key and lock protect
- Loss to personal belongings
- Pay as you drive cover
|
*Know about Digit Car Insurance benefits and coverages in this Article*
Know More
Comparison of Acko Car Insurance vs Digit Car Insurance:
With the help of a comparison site, like PolicyBachat.com, you can effortlessly compare quotes from many different companies. In addition to saving you time, this can also lead to better prices since our low operating costs mean we don't charge commissions. PolicyBachat helps you understand the big picture of different insurance policies and find out what is best for you. We will help you figure out the key differences in carriers, claims settlement ratios, and network garages to make sure your policy is what you need.
Two of India's most popular car insurance companies are Acko and Digit. Both companies have been in business for decades and provide a reputation for trustworthiness & reliability. Digit and Acko are both great choices when choosing an insurance plan. Both companies offer a wide variety of benefits to their customers, and differ in several ways as well! Let us look at the differences between these two plans, and see which one is better suited for your needs.
| Distinguish |
Acko Car Insurance |
Digit Car Insurance |
| Premium |
Save up to 85% at Rs. 2094 |
Starts up to Rs.2094 |
| No Claim Bonus |
Covers up to 50% |
Covers up to 50% |
| Claim Process |
24x7 Hassle-free claim settlement |
Quick claim settlement |
| Third Party Cover |
Covered up to Rs.7.5 lakhs |
Covered up to Rs.7.5 lakhs |
| Personal Accident Cover |
Covers up to Rs.15 lakhs |
Covers up to Rs.15 lakhs |
| Benefits |
- No Claim Bonus is up to a 50% discount
- Specific car insurance products are designed to cater to the different needs of policyholders.
- Cashless claim settlement in over 1,3
- Avail a wide network of cashless garages service.
- Third-party damage covers third party property/vehicle and covers injury caused in an accident.
- Any loss or damage resulting due to an accident or collision with another vehicle, animal, or thing like a building or pillar
- Any loss or damage that has occurred due to bad weather conditions or natural calamities is also covered
- Any loss or damage due to external explosion or fire is also covered.
|
- Availability of personal accident coverage of up to Rs. 15 lakh.
- Availment of 24x7 responsive customer support (even on National holidays).
- Customization of the Insured Declared Value as per choice is also available.
- Availability of over 1,000 network garages to facilitate cashless claim settlements.
- Modernized smartphone-enabled self-inspection process for quick processing of claim intimation.
- Doorstep pick-up, drop along with a repair warranty of 6 months if you opt for Digit associated workshops.
- Super-fast claim settlement process. Digit has settled about 96% of all the claims filed with it for private vehicles.
|
| Features |
- 1-hour pickup for the selected area, instant repairs, and 3-day doorstep delivery at no extra cost
- Minimal Documentation
- Add Optional add-ons covers and customize your policy. Select from a list of smart rider options, available for an additional premium.
- Guaranteed 24*7 customer support for any queries related to the policy and intimation of a claim call: 1800-123-4003.
- Decision on claims approval within 7 working days from the receipt of all documents.
|
- Doorstep pickup, repair, and drop with 6 months repair warranty
- Smartphone enabled self-inspection
- Breakdown Assistance cover is provided to four wheeler cars and commercial vehicles
- Instant policy issuance in the case of four wheeler cars. A policy copy would be available immediately after the payment of the premium.
|
| Highlights |
- Low premiums owing to digital process and no commissions involved
- Exclusive plans that you won’t find anywhere else
- Great claims service. Claim-related repairs are managed by ACKO. Doorstep pick-up and drop off your car. 3-day claim settlement turnaround for most claims.
- Acko general insurance is licensed by IRDAI.
- Acko car insurance delivers policy instantly. All are online with no paperwork involved.
|
- Cheaper Premiums
- Faster Claim Settlement
- More number of add-ons
- Top-rated company
- Efficient Customer Support
|
| Accessibility |
Online through PolicyBachat & Acko Website. |
Online through PolicyBachat & Digit Website. |
How to Buy the Best Car Insurance Policy?
Compare car insurance policy rates online in India with PolicyBachat and select the one that meets most of your financial expectations. You can easily get multiple car insurance quotes online from the best car insurance companies in India.
- Fill required details at the top of this page, select your car model, RTO Location, registration date, and email address.
- Click on the START SAVING MONEY
- Premiums with different insurance companies are displayed with low premiums
- Select required add-ons/riders and discounts, or
- Even you can edit policy details
- After that fill in the vehicle owner details and owner details
- Purchase the best car insurance policy using online payment
- If any queries are raised call: 1800-123-4003.
Which one to choose Acko Car Insurance vs Digit Car Insurance?
In conclusion, we have explored the key points of comparison between Acko and Digit car insurance companies. Both insurers offer comprehensive coverage options, competitive premiums, and efficient claim processes. When choosing between Acko and Digit, it is important to consider factors such as specific coverage needs, budget, customer service preferences, and digital capabilities. Acko stands out for its innovative approach and user-friendly mobile app, while Digit excels in providing customer-centric offerings and a seamless digital experience. Ultimately, the choice between Acko and Digit depends on individual requirements and priorities. It is recommended to carefully assess the unique features of each insurer and make an informed decision based on personal preferences and needs.