Honda Two-wheeler Insurance

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

Planning to renew the insurance of your good old Honda Activa scooter or looking for the best two-wheeler insurance for your brand new Honda Goldwing bike – you’ve landed just the right place.

Let’s dive into the two-wheeler insurance basics for your Honda bike.

Understanding Honda Insurance

Must-know Coverage for Your Honda Bike

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

Third-Party Bike InsuranceComprehensive Bike Insurance
Only covers third-party injuries and damages, and not to your own vehicle.Gives third-party policy + coverage for losses and damages to your own bike
Mandatory by Indian Motors Act.It’s not mandatory to buy coverage for your own bike’s damages, but then we all know the state of Indian roads. And, who doesn’t love their Honda bike?
Multi-year insurance availableMulti-year insurance available

Why you Should Insure your Honda Bike?

Honda bikes are great on Indian roads, which is why there are so many of them. But with a two-wheeler insurance, you can:

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

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

Zero Depreciation Cover:

Irrespective of the model of Honda bike 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 bike was stolen or completely damaged, the claim settlement amount from the insurance company is not as little as the current market value of your bike. Instead, it is as much as the invoice value of your bike. This is even when in case your bike was two years old, with a 20 percent lower current market value.

A lot of insurance companies offer specific add-on coverage at an addition premium cost. Depending on the model of Honda bike 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 Two-wheeler Insurance Covers For Any Honda Bike

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

Things a Two-wheeler Insurance Does Not Cover For Any Honda Bike

  • Wear and tear caused over the years [including flat tyres]
  • Losses caused when the bike was driven without a driving license
  • Damages caused when the bike was being driven under the influence of alcohol
  • Driving outside the geographical limits
  • If the bike 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 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 bike 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 net banking, 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 two wheeler insurance of my Honda CBR150R Sports bike has already expired. Is vehicle inspection mandatory?

No. Inspection is not mandatory even if the insurance for your bike has already expired. It is sometimes done at the discretion of the insurer but only if the insurance has lapsed for more than 6 months or so.

Is an online insurance policy valid for two-wheelers?

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

Single-year or Mutli-year: what’s better in case of Honda insurance?

Multi-year is always better as you get a better rate and your insurance policy is valid for 2 to 3 years. Thus, there is no renewal headache every year. Also, since you pay upfront, there is a huge discount on the premium.

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 at the time of your next renewal. Keep one thing in mind: your bike insurance renewal has to happen before the previous policy expires. 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 two-wheeler 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 bike. The overall premium for comprehensive insurance is marginally higher, but highly recommended if you are looking for complete coverage for your Honda bike.

Models Manufactured by Honda: Which One Do You Ride?

Brand NameVariantsEngine CCMileage(kmpl)BHPWt. (kgs)Price Range(in Rs)
Honda Activa 4G Standard109.260810850,200 to 53,312
Honda Activa 4G 4G11060810850,300 to 53,419
Honda NaviOff-Road109.19607.810139,600 to 42,055
Honda NaviStandard109.19607.810139,700 to 42,161
Honda NaviChrome109.19607.810144,700 to 47,471
Honda NaviAdventure109.19607.810148,200 to 51,188
Honda ShineDrum Self and Alloy124.76510.5711856,000 to 59,472
Honda ShineDisc Self and Alloy124.76510.5711858,300 to 61,915
Honda ShineCBS124.76510.5712361,200 to 64,994
Honda DioDLX109.260810548,600 to 51,613
Honda CB UnicornStandard5626213.1414669,400 to 73,703
Honda LivoDrum Self and Alloy109.19748.211153,700 to 57,029
Honda LivoDisc Self and Alloy109.19748.211156,200 to 59,684
Honda Activa 125Drum Self and Cast124.9608.611059,600 to 63,295
Honda Activa 125Alloy Drum124.9608.611058,900 to 62,552
Honda Activa 125Disc Self and Cast124.9608.611061,300 to 65,101
Honda CBR 1000RRRepsol99918175.621115,46,000 to 16,41,852
Honda CBR 1000RRWhite99918175.621115,46,000 to 16,41,852
Honda CBR 1000RRBlack99918175.621115,96,000 to 16,94,952
Honda CBR 1000RRCBR1000RR99918104.521015,96,000 to 16,94,952
Honda CBR 1000RRFireblade Special Edition99918104.521018,00,000 to 19,11,600
Honda Activa iStandard109.1966810346,900 to 49,808
Honda CB Shine SPDrum Self and Alloy124.736510.5711860,900 to 64,676
Honda CB Shine SPDisc Self and Alloy124.736510.5711863,400 to 67,331
Honda CB Shine SPCBS124.736510.5711865,400 to 69,455
Honda AviatorStandard109.1960810956,400 to 59,897
Honda CBR 250 RStandard249.62926.151631,61,000 to 1,70,982
Honda CBR 150 RStandard149.43818.281381,22,000 to 1,29,564
Honda CB Unicorn 160BS-IV162.716214.514073,500 to 78,057
Honda Dream YugaDrum Self and Alloy109.19728.2510851,700 to 54,905
Honda Hornet 160 RCBS162.716015.614285,100 to 90,376
Honda Dream NeoDrum Self and Alloy109.19748.2510749,800 to 52,888
Honda CBR 650 FStandard648.72185.22157,30,000 to 7,75,260
Honda CD 110 DreamKick Drum and Alloy109.19748.2510544,700 to 47,471
Honda CD 110 DreamSelf Drum and Alloy109.19748.2510546,900 to 49,808
Honda CB 1000RStandard99817123.322211,82,000 to 12,55,284
Honda CB 1000RABS99817123.322213,27,000 to 14,09,274
Honda VTStandard13122056.930814,00,000 to 14,86,800
Honda GoldwingAudio Comfort183218.42116.641328,50,000 to 30,26,700
Honda GoldwingAirbag183218.42116.641331,50,000 to 33,45,300

News Related to Honda Bike:

Honda To Introduce A New Motorcycle In India

– September 18, 2020

Japanese two-wheeler manufacturer Honda is readying for another launch in the Indian market. Yes, Honda will introduce a new motorcycle in India on 30 September 2020. Honda has shared a teaser for the same, but it is tight-lipped about the motorcycle in question. With the motorcycling culture growing in India, it looks like Honda has made up its mind to bring new and exciting products. Although Honda has not revealed the product details, the company is expected to introduce a cruiser in the 300cc segment. Honda has also stated that the new product will be a premium motorcycle and it will be retailed through the company’s BigWing dealership network. Honda might be launching a motorcycle which will lock horns with the Royal Enfield bikes. Currently, there are only a few cruiser models in the country, and Royal Enfield is leading that segment. Now Honda might be eying to capture the cruiser segment in the country. With that being said, expect a premium pricing for the new model as it is the case with all other premium Honda motorcycles. Talking about the premium offering from Honda, the company retails the Gold Wing touring motorcycle in the country. But it has got a 1,800cc engine, and it is not ideal for daily usage.

Honda Launches Hornet 2.0 for the Indian Market

– August 27, 2020

Japanese two-wheeler manufacturer, Honda, has launched the BS6 Honda Hornet 2.0 in India. The motorcycle is priced at Rs. 1.26 lakh ex-showroom (Gurugram). The motorcycle is based on an all-new platform and competes with the likes of TVS Apache RTR 200V and the Bajaj NS200 in the Indian market. The bike gets LED lighting, LED DRLs, USD forks at the front, mono-shock at the rear. Also, the Honda CB Hornet 200 gets a fully digital instrument cluster which indicates speed, fuel-efficiency, trip meter, odometer, service reminder, etc. Additionally, it gets gear position indicator, hazard switch, battery voltometer, and engine start-switch. The motorcycle derives power from a 184cc engine that is competent enough to produce a peak torque of 16.1Nm. The bike is expected to reach 200m from zero in 11.25 seconds. The bike gets disc brakes at both ends with single channel ABS. Paint schemes include Pearl Igneous Black, Matte Sangria Red Metallic, Matte Marvel Blue Metallic and Matte Axis Grey Metallic.

Honda Reveals the Price of BS6 Honda Livo with Disc Brake

– August 19, 2020

Japanese motorcycle manufacturer, Honda, has finally revealed the price of the BS6 avatar of the Honda Livo with disc brake. The motorcycle is priced at Rs. 74,256 ex-showroom (Delhi). The company launched the BS6 Livo in India back in June 2020 but it was only the drum brake variant, while it did not reveal the details about the disc brake variant. The drum brake variant of the BS6 Honda Livo is priced at Rs. 70,056. The BS6 Livo derives power from a 109cc single-cylinder unit that is capable of churning out a maximum power of 8.7bhp and a peak torque of 9.6Nm and comes paired with a 4-speed gearbox. The BS6 avatar of the motorcycle comes with new features which include changes to the tank design, new front visor and new body graphics. Apart from the above-mentioned features, the motorcycle also gets DC headlight with pass switch, new digital/analogue instrument console, engine start/stop switch, ACG starter motor, etc. The BS6 Honda Livo with the disc brake gets telescopic suspension at the front and dual shock absorbers at the rear, while the disc brake at the front is of 240mm, while the rear is a 130mm drum brake along with CBS. The motorcycle is offered with four paint schemes: Athletic Blue Metallic, Black, Matte Axis Grey Metallic and Imperial Red Metallic. The motorcycle competes with the likes of Hero Splendor Plus, Hero Glamour and the TVS Radeon in the Indian market.

Honda Launches Forza 350 for the Taiwan Market

– August 19, 2020

Japanese two-wheeler manufacturer, Honda, has launched the new Honda Forza 350 in Taiwan. The scooter replaces the Honda Forza 300 sporty maxi-scooter for the Taiwan market. The scooter costs about 7 lakh in Indian rupees. The maxi-scooter has received several new features including a new engine and cosmetic changes. The biggest change comes in the form of a new engine. The Honda Forza 350 derives power from a 329.6cc single-cylinder engine that is competent enough to churn out 29.4PS and a peak torque of 31.97Nm. The engine comes paired with a CVT automatic gearbox. The company claims the new motor churns out lower friction compared to the outgoing model and comes with a free-flow exhaust and a larger airbox. Among the features, the new Forza 350 comes with an electrically adjustable windscreen and the USB socket at the front apron. The scooter also comes with all-LED lightings, emergency stop signal, keyless ignition, two analogue dials, LCD screen which reads out the odometer, average fuel consumption, trip meters, maintenance alerts, etc. The scooter weighs 185 kgs, 2 kgs more than the Forza 300 and comes with a fuel capacity of 11.7 litres. The ground clearance of the scooter is 147mm while the seat height remains at 780mm.

Second Price Hike for Honda Dio BS6

– August 18, 2020

In the recent past, multiple car and bike brands have resorted to increasing the price of their vehicles. In some cases, there have been two hikes within a few months. In August 2020, Honda becomes the latest brand to go for such a double hike. The Japanese brand has increased the price of its Dio model. This is Dio’s second price hike in 2020. The bike was launched in February in the country. Its first hike came in May 2020. The price hike for Dio amounts to INR 955. This takes the bike’s standard variant’s price to 61,497. The DLX version costs INR 64,847 after the rise in the cost. Note that these prices are ex-showroom Delhi and may vary from one area to another. The increase in the costing is not accompanied by any changes in the scooter’s specifications.

Rise in Price of Honda X-Blade

– August 18, 2020

The first half of the calendar year has seen a lot of price rises in the automobile sector. Auto manufacturers have increased the costs of several car and bike models. In some cases, the increase in price is not too much while in some cases it is noteworthy. In August 2020, Honda hiked the price of its sporty two-wheeler, X-Blade. The hike is for the BS6 version of the bike. Now, to purchase the Honda BS6 X-Blade in India, you will have to spend INR 576 more. This hike takes the ex-showroom price of the bike’s single-disc variant to INR 1,06,687 and INR 1,10,968 for the dual disc variant. Honda X-Blade was launched in India in July 2020. The two-wheeler is available in four colours. You can buy the bike in blue, grey, red, and black. This bike’s competition includes Hero Xtreme 160R, Suzuki Gixxer, and Yamaha FZ FI among others.

Honda Activa 125 BS6 Gets Yet Another Price Hike

– August 18, 2020

Honda Activa 125 BS6 received its first price hike in April 2020 right when the COVID-19 pandemic was tightening its grip on the country. Now the very first scooter to have been launched with BS6 emission norms has become even more expensive. It has received a hike of Rs. 995. The approximate final costs, for now, stand at Rs 68,997, Rs 72,497, and Rs 75,997 for drum, drum-alloy, and front disc variants respectively. Honda Activa 125 BS6 is laced with features like engine kill-switch, Honda Eco tech, start-stop technology, silent start mechanism to reduce the noise made when starting the scooter, and side-stand inhibitor. It has a fuel-injected, single-cylinder engine that churns 8.29hp of power and 10.3Nm torque. Externally, features like LED headlights, external fuel-filler cap, semi-digital instrument console, telescopic front suspension, DRLs, etc. are available. Honda Activa 125 BS6 has locked horns with Yamaha Fascino 125 and Suzuki Access 125.

Slight Price Rise for Honda SP 125 BS6

– August 14, 2020

Honda has changed the price of its SP 125 BS6 model. They have increased the price of the 125cc bike. The increase in price is INR 955. Notably, this has been the second price hike for the two-wheeler since its launch. It was launched in November 2019 in India. The bike comes in two variants: one with a drum brake and the other with a disc brake. After the increase in price, the drum brake version of Honda SP 125 BS6 comes at INR 74407. The cost for the disc brake version is INR 78607. Note that the prices mentioned here are for ex-showroom, Delhi and they can vary in other Indian locations. You can purchase this two-wheeler in four colour options: grey, green, blue, and red. The other bikes in its segment are Hero Glamour and Bajaj Pulsar.

Honda Launches BS6 X-Blade in India

– July 8, 2020

Honda has launched the BS6 avatar of the X-Blade motorcycle in India. Prices for the new bike start from 1,05,25 onwards. One can choose from either the single disc or a dual disc brake variant. The motorcycle draws power from a BS6 compliant 162.7cc single-cylinder engine which is capable of producing a maximum power of 13.6hp and a peak torque of 14.7Nm. The engine comes paired with a 5-speed gearbox. The BS6 Honda X-Blade comes with several features including an all-LED headlight, engine kill switch, along with a gear position indicator on the instrument console, clock and service indicator. It also features hazard lamps. As for the safety features, the motorcycle features a single-channel ABS. Compared to the BS4 model, the BS6 version is costlier by Rs.25,000 since the BS4 model was available in the market for about Rs.80,000. The Honda X-Blade competes with the likes of Hero XTreme 160R and TVS Apache RTR 160 4V in the Indian market.

Honda Launches Finance Scheme for Two-Wheeler Customers

– July 6, 2020

Honda 2 Wheeler India has launched a new finance scheme for its two-wheeler customers. The scheme allows customers to buy a two-wheeler from the company with the financing of up to 95% of the vehicle cost. Additionally, the first three EMIs will be at 50% of the amount to reduce the burden on the customer. Customers have the option to choose up to 36 months of loan tenure, while the rest will be of the regular EMIs. The company says the finance scheme is available on all locally made two-wheelers from Honda. Models customers can choose from are Honda Shine, Honda Activa, Livo, SP125, Activa 125, CD110, Grazia and Dio. Honda recently launched the Livo 110 commuter motorcycle, while it has updated most of its models to BS6 engines.

Honda Launches BS6 Livo 110 Motorcycle in India

– July 1, 2020

Honda has launched the BS6 version of the Livo 110 motorcycle in India. The ex-showroom price of the bike is Rs. 69,422 in Jaipur. The BS6 Honda Livo 110 commuter motorcycle draws power from a 110cc single-cylinder engine capable of producing a maximum power of 8.8PS and a peak torque of 9.3Nm. The motorcycle has received minor changes to its exterior in the form of a new paint scheme, new headlight cowl, a redesigned fuel tank, and changes in the design of the tail lamp. The bike gets part digital and part analogue instrument console and an engine kill switch. And the seat design has made it longer compared to the outgoing BS4 model. The BS6 Honda Livo 110 gets a 130mm drum brake at the rear and a 240mm disc brake at the front. The company is offering a 6-year warranty on the motorcycle.

Honda Launches BS6 CD110 Dream in India

– June 5, 2020

The Indian two-wheeler subsidiary of Honda has launched the BS6 CD110 Dream in India. The new bike is priced at Rs.62,729 ex-showroom (Delhi). The bike boasts several new features on the exterior. The motorcycle now comes with tubeless tyres and is available with a 6-year warranty. While the BS6 model looks similar to the BS4 version, the bike gets new body graphics, body-coloured mirrors, chrome muffler cover, and silver alloy wheels. Similar to other Honda bikes in India, the BS6 CD110 gets ACG silent start system and it also gets a longer and wider seat and new engine start-stop switch. The BS6 CD110 draws power from a 110cc single-cylinder engine; however, the company has not revealed the power numbers. Braking duties are carried out with drum brakes at both ends along with CBS.

Honda Dio Becomes Country’s Second highest-selling Scooter

– April 29, 2020

Honda Dio has taken the second highest-selling scooter ranking in the country overtaking Suzuki Access 125. The company sold 29,528 units of the Honda Dio while Suzuki sold 3,052 units lower than the Honda Dio. The sporty Honda Dio gets several features such as external fuel cap, utility box at the front, side stand engine inhibitor, dual-function switch and ACG silent starter. The scooter is priced at Rs.59,990 while the deluxe variant costs Rs.63,340. The company has updated the moto-scooter with a LED headlamp, new split grab rail, telescopic front fork and 12-inch wheels. The scooter draws its power from the BS6 109cc single-cylinder engine capable of churning out a maximum power of 8hp and peak torque of 8.9Nm.

Honda Launched BS6 Complaint Shine 125

– February 24, 2020

Honda has launched the BS6 version of the Shine 125 motorcycle in India at Rs.67,857 ex-showroom. The new Honda Shine also boasts of several new features compared to the BS4 model. With the upgrade to BS6, the new Shine 125 get Fuel Injection (FI) and an automatic choke system. Other features include a new 5-speed gearbox, combi-braking system, a direct current headlamp, visor with chrome garnish, new body graphics, chrome muffler cover and pass-by switch. The new Shine 125 motorcycle’s ground clearance has increased by 5mm, a 19mm additional wheelbase and 27mm increase in seat size. The company is offering a 6-year warranty period on the BS6 Honda Shine.