Honda Car Insurance

So you own a Honda Car? Hats off just to that!

Planning to renew the insurance of your good old Honda City or looking for the best car insurance for your brand new Honda CR-V – you’ve landed in just the right place.

Let’s dive into the car insurance basics for your Honda car.

Understanding Honda Car Insurance

Must-know Coverage for Your Honda Car

You can get following kinds of insurance policies for your Honda Car:

Third-Party Car InsuranceComprehensive Car Insurance
Only covers third-party injuries and damages, and not those to your own vehicle.Gives third-party policy + coverage for losses and damages to your own car
Mandatory by Indian Motors Act.It’s not mandatory to buy coverage for your own car’s damages, but then we all know the state of Indian roads. And, who doesn’t love their Honda car?
Additional coverage like bumper-to-bumper cover, engine protector is NOT available.Additional coverage, like engine protector, bumper-to-bumper cover, no-claim bonus protector cover are available, at a slightly extra premium cost.

Why You Should Insure Your Honda Car?

Most Honda cars drive well on Indian roads and are priced to match affordability and mileage. With a suitable comprehensive car insurance, you can:

  • Be sure that you’re rightfully compensated if your Honda car was stolen or damaged beyond repairs.
  • Get coverage for a third-party if your car caused an accident and the third-party was injured or their property damaged.
  • Get comprehensive coverage, in case damages were caused to your car [during an accident or because of natural calamities].
  • Be sure that no traffic policeman heavily fines you for not having a car insurance policy. Strictly, say no to bribery!

Good-to-Have Insurance Add-ons for Honda Cars

  • Zero Depreciation Cover:

Irrespective of the model of Honda you have, depreciation is applicable on all kinds of metal, plastic, and fiber glass parts. In case of repairs / replacement claims, you would have to pay for the depreciation cost. However, with zero depreciation add-on, you can get that covered.

  • Return to Invoice Cover:

So that, if your car was stolen or completely damaged, the claim settlement amount from the insurance company is not as little as the current market value of the car. Instead, it would be as much as its invoice value. This is possible even in a case where your car was two years old, with a 20 percent lower current market value.

  • Engine Protector Cover:

A regular comprehensive car insurance policy does not cover the damages to your engine. With an engine protector cover you could claim for those damages too. Whether you own a high-end car like Honda Accord or Honda BRV or regular hatchback like Honda Brio or Honda Jazz, it makes sense to buy this add-on. This add-on is also suitable for cars located in flooding prone areas.

  • No-claim Bonus Protector Cover:

If you are a good driver and have a tendency to claim less, you would certainly know about the no-claim bonus that you can earn for every claim free year. This bonus helps you in earning as much as 50 percent discount. However, a single claim can reduce the accumulated NCB to zero in the next year. The solution to safeguard that NCB is to buy this add-on. High-end Honda cars have higher own-damage premium. So if you have accumulated enough NCB and don’t want to lose it for a claim, this is a good-to-have add-on.

  • Passenger Cover:

This personal accident cover for passenger is a must-buy for any Honda car owner. A lower end model of Honda may not come with safety features like airbags or child safety locks. If you use your Honda car to drive your family on a daily basis, it makes sense to buy this add-on.

A lot of insurance companies offer specific add-on coverages at an additional premium cost. Depending on the model of Honda you have, do enquire with your insurer about these coverage options. Key replacement, roadside assistance, personal accident cover of passengers could be a few such options.

Things a Car Insurance Covers For Any Honda Car

  • Personal accident coverage for owner-driver
  • Accident-related damages to your car
  • Damages caused during a natural calamity like flood or storm
  • Loss because of fire, explosions
  • Compensation for Stolen car

Things a Car Insurance Does Not Cover For Any Honda Car

  • Wear and tear caused over the years [including flat tyres]
  • Losses caused when the car was driven without a driving license
  • Damages caused when the car was being driven under the influence of alcohol
  • Driving outside the geographical limits
  • If the car is used for anything beyond it’s legal purpose [racing, illegal activities, organized crime]

Questions you might ask about Honda Insurance

How can I renew my Honda Insurance online?

Your Honda Car Insurance Policy can be renewed online very seamlessly through your insurer’s online portal or your broker’s portal.

  1. If you have already selected an insurance company you can go to the insurer’s portal and renew it online by filling in the details.
  2. All you need to fill are your car details (like Vehicle Registration Number, Engine/Chasis Number), your previous insurance details and your contact details. Once done, you can then renew the policy online by paying via netbanking, wallet or credit/debit card.
  3. Also, it is not necessary to continue your insurance policy with the same insurance company as the previous year. You can easily purchase insurance policy from a different insurer, as long as you are aware of the benefits and features being offered

The car insurance of my Honda Jazz has already expired. Is vehicle inspection mandatory?

Yes. Inspection is mandatory if the insurance for your car has already expired. You need to schedule an inspection before purchasing the policy. Once the surveyor approves, you can purchase the plan immediately online.

Is an online insurance policy valid for car?

Of course it is valid. You get a valid car insurance policy by renewing the policy online. All you need to do is fill in your previous policy car details and get a valid insurance policy emailed to your registered email id. A printout of that would suffice.

How do I get no-claim bonus at the time of renewal?

If you have not claimed in the preceding year, then you can avail a No-Claim Bonus (NCB) at the time of your next renewal. Keep one thing in mind: your car insurance renewal has to happen before the previous policy expires. If your policy lapses, you lose your NCB.

At the time of renewal of your Two-Wheeler Insurance Policy, you need to mention your last NCB and whether you have made any claim in the last year or not. You get discount on the own-damage premium as per the NCB grid provided by IRDA.

All vehicle Type NCB Grid% of discount on own damage premium
No Claim in the last 1 year20%
No Claim in the last 2 consecutive years25%
No Claim in the last 3 consecutive years35%
No Claim in the last 4 consecutive years45%
No Claim in the last 5 consecutive years50%

How much more do I need to pay for comprehensive car insurance?

The premium for a simple third party only insurance is fixed by the IRDAI. A comprehensive insurance policy includes own-damage premium too. The own-damage premium varies slightly from one insurance company to another and is dependent on a lot of factors, including your claims history and the age of your car. The overall premium for comprehensive insurance is slightly higher, but highly recommended if you are looking for complete coverage for your Honda car.

Models Manufactured by Honda: Which One Do You Drive?

Brand NameVariantsEngine CCMileage(kmpl)BHPWt. (kgs)Price Range(in Rs)
Honda BrioE MT119818.586.8920469,000 to 501,000
Honda BrioS MT119818.586.8930520,000 to 556,000
Honda BrioVX MT119818.586.8930595,000 to 636,000
Honda BrioVX AT119816.586.8970682,000 to 729,000
Honda AmazeVX i DTEC149825.898.61065844,000 to 903,000
Honda AmazeE i VTEC119817.886.7940553,000 to 591,000
Honda AmazeE Option i-VTEC119817.886.7940565,000 to 604,000
Honda AmazeS i VTEC119817.886.7955600,000 to 642,000
Honda AmazeS Option i-VTEC119817.886.7955643,000 to 688,000
Honda AmazeE i DTEC149825.898.61050666,000 to 712,620
Honda AmazeE Option i-DTEC149825.898.61050678,000 to 725,460
Honda AmazeSX i VTEC119817.886.7965704,000 to 753,280
Honda AmazeS AT119918.188.7985743,000 to 795,010
Honda AmazeVX i VTEC119817.886.7955743,000 to 795,010
Honda Amaze S i DTEC149825.898.61065754,000 to 806,780
Honda AmazeS Option CVT i-VTEC119918.188.7985755,000 to 807,850
Honda AmazeS Option i-DTEC149825.898.61065766,000 to 819,620
Honda AmazeSX i DTEC149825.898.61075806,000 to 862,420
Honda AmazeVX AT119918.188.7985843,000 to 902,010
Honda JazzV i VTEC119918.788.71044732,000 to 783,240
Honda JazzE i VTEC119918.788.71007589,000 to 630,230
Honda JazzS i VTEC119918.788.71040652,000 to 697,640
Honda JazzSV i VTEC119918.788.71042696,000 to 744,720
Honda JazzE i DTEC149827.398.61130720,000 to 770,400
Honda JazzS AT11991988.71062762,000 to 815,340
Honda JazzVX i VTEC119918.788.71042781,000 to 835,670
Honda JazzS i DTEC149827.398.61145789,000 to 844,230
Honda JazzSV i DTEC149827.398.61146830,000 to 888,100
Honda JazzV AT11991988.71062839,000 to 897,730
Honda JazzV i DTEC149827.398.61145876,000 to 937,320
Honda JazzVX i DTEC149827.398.61154918,000 to 982,260
Honda WRVi-VTEC S119817.588.71087775,000 to 829,250
Honda WRVi-DTEC S149825.598.61176879,000 to 940,530
Honda WRVi-VTEC VX119817.588.71087899,000 to 961,930
Honda WRVi-DTEC VX149825.598.61204999,000 to 1,068,930
Honda Cityi-VTEC VX149717.4117.310651,165,000 to 1,246,550
Honda City i-VTEC S149717.4117.31041850,000 to 909,500
Honda City i-VTEC SV149717.4117.31041954,000 to 1,020,780
Honda City i-VTEC V149717.4117.310491,000,000 to 1,070,000
Honda City i-DTEC SV149825.698.611501,075,000 to 1,150,250
Honda City i-VTEC CVT V149718117.310651,154,000 to 1,234,780
Honda City i-DTEC V149825.698.611501,156,000 to 1,236,920
Honda City i-VTEC CVT VX149718117.310651,285,000 to 1,374,950
Honda City i-DTEC VX149825.698.611651,287,000 to 1,377,090
Honda City i-VTEC CVT ZX149718117.310851,353,000 to 1,447,710
Honda City i-DTEC ZX149825.698.611651,357,000 to 1,451,990
Honda BRVi-DTEC VX MT149821.0998.613061,318,000 to 1,410,260
Honda BRVi-VTEC E MT149715.417.31199899,000 to 961,930
Honda BRVi-VTEC S MT149715.417.312171,013,000 to 1,083,910
Honda BRVi-DTEC E MT149821.0998.612711,013,000 to 1,083,910
Honda BRVi-VTEC V MT149715.417.312251,117,000 to 1,195,190
Honda BRVi-DTEC S MT149821.0998.612891,126,000 to 1,204,820
Honda BRVi-VTEC VX MT149715.417.312251,211,000 to 1,295,770
Honda BRV i-DTEC V MT149821.0998.613101,213,000 to 1,297,910
Honda BRV i-VTEC V CVT14971617.312381,226,000 to 1,311,820
Honda CR-V2.0L 2WD AT20001814816172,419,000 to 2,588,330
Honda CR-V2.0L 2WD199713.715314802,238,000 to 2,394,660
Honda CR-V2.4L 4WD AT23541218716002,652,000 to 2,837,640
Honda AccordHybrid199323.114316203,701,000 to 3,960,070
Honda MobilioV i DTEC149824.298.612461,085,000 to 1,160,950
Honda MobilioE i VTEC149717.3117.31131738,000 to 789,660
Honda MobilioS i VTEC149717.3117.31145847,000 to 906,290
Honda MobilioE i DTEC149824.298.61241889,000 to 951,230
Honda MobilioS i DTEC149824.298.61231965,000 to 1,032,550
Honda MobilioV i VTEC149717.3117.31161978,000 to 1,046,460
Honda MobilioV i VTEC (O)149717.3117.311601,035,000 to 1,107,450
Honda MobilioV i DTEC (O)149824.298.612451,142,000 to 1,221,940
Honda MobilioRS i DTEC149824.598.612541,198,000 to 1,281,860
Honda MobilioRS i DTEC (O)149824.598.612541,255,000 to 1,342,850
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