Following are the car insurance add-ons available for Honda bike insurance:  

• Zero Depreciation Cover
• Return to Invoice Cover
• Engine & Gear-box Protection Cover
• Consumable Cover
• Breakdown Assistance
• Tyre Protect
• Daily Conveyance Benefit
• EV Shield Add-on Cover

HMSI is a direct subsidiary of Honda Motor Company Ltd. Japan. Setting up shop in India in the year 1999, their main production outlet was located in Manesar, Gurgaon district, Haryana. Establishing itself in terms of performance and mileage like its Japanese heritage, Honda soon after established a second production unit in Tapukara, Alwar district, Rajasthan.

While Honda had entered the Indian market in collaboration with Hero Motocorp, it established itself completely independently in the year 2014. Currently, it stands at the position of being the largest two-wheeler manufacturer in India.

Some of the models offered by Honda are mentioned below.

• Honda Activa i
• Honda Activa 5G
• Honda X-Blade
• Honda Hornet 160R
• Honda CBR 250R

Honda has also launched a few high-end models recently.

• Honda CBR 300R
• Honda CBR 650R
• Honda CB 1000R
• Honda CBR 1000RR
• Honda Gold Wing

Interesting to note, the last model included in the list - Honda Gold Wing, is a one-of-a-kind cruiser. This novelty provides reverse gear as well as optional air-bag, a testament to their technological genius.

What Makes Honda Popular?

There are quite a few factors which make Honda two-wheelers popular among customers of all demographics. Further, Honda’s achievements so far are also a testament to the superior two-wheelers that are rolled out by the company every year.

Let’s take a look at few of them:

• The production plant in Vithalapura of Gujarat is the largest of its kind dedicated to only manufacturing scooters.
• Honda’s technology is top-notch and matched only by the likes of a handful of two-wheeler manufacturers in the world. They boast of being the third most successful manufacturer in MotoGP across all divisions, coming after Yamaha and Ducati.
• By the year 2004, Honda had developed a prototype for their fuel cell-powered motorbikes.
• CBR 250R, powered by a 249 cc single-cylinder engine, is the smallest racing category motorbike launched by Honda.

While pushing the boundaries can make a company popular, it is only ensuing success which allows a company to move forward. Honda’s impeccable track record, not just in two-wheeler manufacturing but also in its other ventures makes it one of the most recognised manufacturers in the world.

However, even though Honda has been breaking barriers in the two-wheeler manufacturing industry, the models manufactured under it are as vulnerable to road accidents as any other two-wheeler. Such conditions can lead you to incur substantial expenses to cover damages to your own vehicle or by way of paying for damages sustained by a third party involved in the accident.

To reduce your financial liabilities in such scenarios, it is pertinent for you to avail a Honda two-wheeler insurance policy.

Two-wheeler insurance policies can be deemed a necessity because of quite a few reasons. Listed below are a few reasons why you should avail a Honda two-wheeler insurance policy:

• It is Mandatory by Law - Under the Motor Vehicles Act of 1988, every motorbike should have Third Party Liability two-wheeler insurance policy. If your Honda two-wheeler is not at least covered under a third-party liability policy, you will be liable to attract substantial traffic fines. Under the Motor Vehicles (Amendment) Act 2019, the traffic fine for not having a two-wheeler insurance policy in place is Rs. 2000 and Rs. 4000 for repeat offenders.
• Claim Reimbursement for Damages Caused to Third-Party - Third-party liabilities are covered under both third-party and comprehensive Honda two-wheeler insurance policies. Under this benefit imparted by the insurance policies, you will be able to financially protect yourself from losses incurred due to damage to third party vehicles or properties by your Honda two-wheeler. This benefit further extends to include liabilities that can arise due to accidental injury or death of a third person. Further, we, as the insurer will also handle any legal case that might arise in due course.
• Personal Accident Add-On Cover - After availing a Honda two-wheeler insurance policy (either third-party or comprehensive) and purchasing the mandatory personal accident add-on cover with it, you will be eligible to avail financial compensation if you sustain permanent disability due to an accident. Further, your family members will be eligible to receive the financial coverage if the accident results in your death. 
  
• Covers the Damages to Your Own Honda Two-Wheeler - Accidents do not merely harm third parties, they can cause substantial damages to your Honda two-wheeler as well. With a comprehensive two-wheeler insurance policy you can avail financial cover for the damages to your own vehicle caused during an accident. This policy further provides coverage if your two-wheeler is stolen or is damaged due to a fire, natural calamities like earthquakes or during any man-made disasters.

However, to enjoy the above benefits and more, it is crucial for you to avail the policy from a reputed insurance provider in the country. Digit insurance can be the perfect choice in this respect!

Take a look at why!

While there are many insurance providers in our country, the benefits provided by Digit are many and varied. Take a look at some of the more attractive benefits listed below that are offered by the Digit’s Honda insurance policy -

Multiple Choices of Honda Insurance Policies - Digit offers quite a few choices when it comes to Honda two-wheeler insurance policies. For instance  -

• a) Third-Party Two Wheeler Insurance Policy - Under this policy, you will be able to avail coverage for any financial liability incurred due to damage to a third party individual, property or vehicle by your two-wheeler.
• b) Comprehensive Two Wheeler Insurance Policy - This policy provides all-round protection. Apart from third-party damages, a comprehensive policy will also cover damages to your own vehicle due to an accident, theft, etc.

Further, if you have purchased your Honda two wheeler after September 2018, you will also be able to avail an own damage bike insurance policy that will provide the benefits of a comprehensive policy sans third-party benefits.

• A Large Number of Network Garages - Digit has thousands of network garages spread across the country. Now, what are these? These are the garages under your insurance company where you can avail cashless repair facilities for your two-wheeler. Thus, a large number of network garages under Digit is certainly an advantage when it comes to purchasing an insurance policy for your Honda bike.
• Fast Claim Settlement with High Claim Settlement Ratio - Typically claim procedures are followed by visits from company representatives who investigate the damage and then approve of the claim. Digit has simplified this process and made it prompt. You can simply use your smartphone for self-inspection and raise your claim online. Additionally, Digit boasts of a high claim settlement ratio which reduces the chances of your claim getting rejected.
• High Insured Declared Value (IDV) for Your Honda Two-Wheeler Insurance - Insured Declared Value refers to the amount that you can receive from your insurance provider in case of total loss or irreversible damage to your Honda two-wheeler. It is given by deducting your Honda bike’s depreciation from the seller’s price. You can maximise the benefits from your insurance policy with Digit which offers a high and customisable IDV.   
• Easy Purchase and Renewal Process - Digit’s procedure for purchasing Honda bike insurance online is simple and hassle-free. Once you have selected the right policy for yourself, you can check the add-on offers and check your premium amount. After finalising the exact policy you want to buy, filling up of the application form and premium payment can be completed online in a matter of minutes.
• Variety of Add-On Options - Digit offers a variety of add-on options to their customers. Availing these add-on covers listed below can help you to maximise your benefits from your insurance policy:
  • Zero Depreciation cover.
  • Return to Invoice cover.
  • Breakdown assistance.
  • Engine and Gear protection cover.
  • Consumable cover.
• Anytime Access - Digit offers their services 24X7, thereby allowing you to raise claims or grievances anytime you need. Especially in cases involving accidents and injury, this can be of immense help. Our service is available on national holidays, allowing you to make the most of our services.
• No Claim Bonus Benefits - No claim bonus is the benefit that is extended to you for every non-claim year. With this benefit you can avail a discount on the premium you have to pay for every consecutive year of availing the policy, starting from 20% and ranging up to 50%. This benefit offered by Digit insurance can be availed for every policy renewal, or if you are shifting from other insurance companies to avail Digit’s services.

While the benefits offered by Digit can be quite lucrative, having to pay a premium, especially for comprehensive Honda two-wheeler insurance policies can be a deterrent, and we understand that.

But worry not, we are about to divulge a few secrets.

Yes, there are a few methods which you can employ to reduce the premium amount for your two-wheeler insurance policy. Be it Honda bike insurance renewal online or its purchase, you must check these tips discussed below to ensure that you are not paying more than what is necessary for your insurance policy:

• Purchase the Insurance Directly from the Insurer - Avoid any agent or broker while buying your insurance policy. Most insurance providers offer the option to buy their policies online by following a simple procedure. This facilitates you to purchase the policy directly from the insurance company and avoid any intermediary and their subsequent charges.
• Apply for the Add-Ons which are Absolutely Necessary - While finalising on the policy, check which add-on covers you really need. Every add-on cover adds to the premium amount, and you should be careful to avoid them unless you really need them.
• Check for No-Claim Bonus Benefits - No Claim Bonus benefits are offered to policyholders if they do not raise any claims against their policy in a year. This benefit is extended as a discount on the premium for the policy in the subsequent year.
• Opt for Voluntary Deductibles - You can opt for voluntary deductibles on your insurance policy that will require you to settle a part of your claims before your insurance coverage kicks in. If you opt for this deductible, you can consequently save on your premium payment for the policy.

Now, with a thorough knowledge of policies and premium reduction, you should make haste in selecting the right policy for your Honda two-wheeler. A few additional facts are also discussed below to help you with certain queries which might come up.