Honda Motorcycle and Scooter India unveiled its BS-VI compliant Honda SP 125 on 1st April 2020. The robust engine delivering optimum power and torque and effective mileage at an attractive price are some of the highlights of this bike. 

However, if you already own this vehicle, buy third-party Honda SP 125 insurance. According to the Motor Vehicles Act 1988, it is mandatory to buy a third-party bike insurance policy. However, consider comprehensive bike insurance for extensive benefits. Several insurers like Digit allow modifying this comprehensive policy with paid practical add-ons. 

Take a look at what are other benefits that Digit has in store for its insurance policyholders.

Here are the following reasons to choose Digit as your two-wheeler insurer:

• Customise with Useful Add-Ons - Select from the following add-ons to enjoy additional benefits:

  • Consumable Cover
  • Breakdown Assistance
  • Zero Depreciation Cover
  • Return to Invoice Cover
  • Gearbox and Engine Protection

Note: All these add-ons are inclusive of additional charges.

• Wide Range of Insurance Policies - Digit Insurance presents three distinct insurance policies to choose from.

• Own Damage Insurance Policy - This Honda SP 125 policy provides substantial financial support to policyholders for their scooters against losses caused by accidents, natural disasters, theft, and more. But, it does not cover third-party liabilities. As a result, all existing third-party policyholders can avail themselves of this standalone policy anytime they want. They need not wait for the policy renewal to avail this Own Damage Insurance Policy.

• Third-Party Liability Two-Wheeler Insurance Policy - This policy financially covers all losses incurred from third-party damages inflicted by your Bajaj Chetak in the event of an accident. This policy also covers the financial liabilities arising from the death or injury of a third person involved in the accident. In addition, it relieves you of all litigation issues.

• Comprehensive Two-Wheeler Insurance Policy - Besides third-party liabilities, this comprehensive two-wheeler insurance for Honda SP 125 also covers damages caused by theft, accidents, fire and natural disasters. Furthermore, both you and the other party can claim the damage expenses from Digit.

• 24x7 Customer Assistance - Irrespective day and night, contact Digit at your convenience. Its reliable team is always ready to resolve any queries related to insurance policies.

• Paperless and Quick Settlement of Claims - Opt for Honda SP 125 insurance online and skip the exhaustive documentation process. You can raise your claim for two-wheeler insurance by calling on 1800-258-5956. Or else, choose a smartphone-enabled self-inspection facility. Send the images of your damaged vehicle to support your claim. If you are an existing Digit's two-wheeler insurance policyholder, opt for Honda SP 125 insurance renewal online. 

Additionally, Digit's higher claim settlement ratio of 97% ensures that you do not face any unnecessary delay to receive reimbursements.

• 4400+ Digit Network Bike Garages - Digit has 4400+ bike network garages all over India. Here, as a two-wheeler policyholder without incurring any expenses. 

• IDV Customisation - You can increase and decrease your vehicle's IDV. Increasing IDV is an ideal option for individuals residing in theft-prone areas. Further, an increased IDV allows you to claim a lump sum amount to compensate for the financial losses during accidental damages.

Also, reduce your premiums payable towards your Honda SP 125 insurance by opting for higher voluntary deductibles. But, there are other considerations that you must note to buy two-wheeler insurance.

Besides considering insurance cost and legal consequences, note other pointers to buy two-wheeler insurance for Honda SP 125:

• Avoid Third-Party Liabilities - If your vehicle causes damage to a third-party vehicle, property or person, third-party two-wheeler insurance covers liabilities arising from it. 

• Own Damage Financial Security - A comprehensive policy offers financial protection not only to avoid third-party liabilities. It also covers damages caused to your vehicle. Further, claim this insurance during car theft or accidental damages. Additionally, it covers damages caused due to natural disasters. 

• Personal Accident Cover - Personal accident cover is mandatory according to IRDAI for every vehicle owner. This helps you to compensate for the losses in case of accidental demise or disablement of the insured bike owner.

• No-Claim Bonus Facility - If you opt for Honda SP 125 insurance policy renewal, you can avail of NCB facility. With each no-claim year, earn discounts on the premium payable towards your bike insurance. Enjoy a discount of up to 50% against 5 consecutive non-claim years. 

Thus, buy bike insurance and financially secure yourself from damages caused to your Honda SP 125.

Honda SP 125 is available in 4 different colours - Mat Axis Grey Metallic, Imperial Red Metallic, Pearl Siren Blue and Striking Green. Additionally, you also find this in two variants. Here are some of the following impressive highlights:

• Engine And Its Specifications - The engine designed with Enhanced Smart Power optimises its fuel efficiency, offering 16% more mileage. Further, PGM-FI coupled with 8 sensors offers effective combustion, which delivers improved power output and optimum mileage of 65 kmpl. 

Additionally, it features an engine displacement of 124.0 cc and delivers a maximum torque of 10.90 Nm and power of 10.70 bhp. It also comes with a 5-speed transmission.

• Robust Looks - It comes with a digital meter which offers accurate real-time information. Unique tank design and graphics make it appealing further. Further, 5-spoke alloy split alloy wheels and chrome muffler cover provides a premium look. Sharp DC LED headlamps give it an attractive look and offer consistent light irrespective of driving conditions. 

• Additional Highlights - It is equipped with a seal chain which requires low maintenance yet has longer durability. The combi-brake system reduces the braking distance. Additionally, the 5-step adjustable rear suspension offers a comfortable driving experience. 

Despite bearing these features, your Honda SP 125 is also vulnerable to any unforeseen accidental damages. Hence, it is ideal to buy Honda SP 125 insurance from a reliable insurer like Digit.