My car insurance was renewed in aug 2023, I had claimed an accident in May 2023 for which they paid me 10k which was less than the actual repair cost but I accepted because I could get it done with my own mechanic, after renewing the premium in aug 2023 my car had an accident and similar damage was caused, they rejected my claim saying that it is a repeat claim of May 2023! Their agent was not at all customer friendly, they wanted to say that I have claimed again for fun, I don't know who will damage his car for fun. These guys give premium at lower cost to attract customers and then don't process the claims. They will do anything to save their margins.
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Acko General Insurance, an independent general insurer whose entire operations are through the digital platform, has raised $30 million in a seed round, making it one of the largest seed rounds for a start-up in India.