Honda Motor Co., Ltd. was established in 1949. Honda Cars India Ltd., (HCIL) is the Indian subsidiary of Honda Motor Co. Ltd. The Honda Motor Co., Ltd. has more than 400 firms situated across the globe. They also have their own insurance sector called Honda Assure that provides insurance solutions exclusively for Honda car owners. Honda Assure is an insurance tie-up with the top insurance firms in India to provide A-class insurance services to Honda customers.
As per the Motor Vehicles Act 1988, it is mandatory for all vehicles plying on public roads in India to have at least a third-party liability cover. Honda car insurance protects the the Honda car owners from future third-party and own damage liabilities that may arise due to any unforeseen mishaps. It is important to choose the Honda car Insurance for the following reasons:
Honda car insurance has tie-up with the following car insurance firms:
Honda Insurance comes with several key features and benefits such as:
You can purchase Honda car insurance from official websites of the partnered insurance firms or you can visit the ‘Honda Assure’ website to make the purchase. When you visit any of the websites, you can make use of an in-built tool called the premium calculator to calculate your insurance premium. You will have to provide certain details like vehicle registration number, make and model of your car, your contact information, etc. Based on the information you have provided, the calculator will calculate and quote your insurance premium. You can use this calculator for both first-time purchase as well as renewal of your car insurance. The parameters for calculation will slightly vary from one insurer to another.
Honda car insurance comes with certain inclusions and exclusions such as:
The Add-ons offered by Honda car insurance are as follows:
You can also purchase the insurance policy for your Honda car from any of the third-party websites or websites of the partnered insurers or from ‘Honda Assure’ website. Once the premium calculator quotes your insurance premium for policy renewal, you are free to go ahead and renew the insurance policy by making payment online.
An endorsement in a car insurance policy refers to any changes or corrections made to your existing motor insurance policy.
Endorsement comes into play when you need to update/alter your personal details, if there is a change in car ownership, if a CNG / LPG kit has been added, etc. But, the alterations aren’t made to the original policy document, instead an Endorsement Certificate is issued to the policyholder by the insurer.
Endorsements are primarily classified into two, premium bearing endorsement where you have to pay an additional premium for the kind of change you have made with respect to your vehicle and non-premium bearing endorsement where you can just go ahead and make the changes without having to pay an additional premium.
The claim process for Honda car insurance involves the following steps:
No Claim Bonus is a reward offered by the insurer to the policyholder for filing no claim in the previous year. It can be accumulated over the claim-free periods. NCB usually starts with 20% and can go upto 50%.
Here are a few key points you need to remember when it comes to NCB for Honda car Insurance:
Honda car insurance offer certain *discounts such as:
*The discounts will slightly vary from insurer to insurer.
As mentioned before, you can purchase the insurance policy for your Honda car from any of the third-party websites or websites of the partnered insurers or from ‘Honda Assure’ website. Once the premium calculator quotes your insurance premium, you are free to go ahead and purchase the insurance policy via online modes of payment.
You can also purchase your Honda car insurance directly from the Honda insurance dealers by visiting their authorised offices or meeting with certified insurance agents. You need to submit copies and originals of the necessary documents in order to make the purchase.
There are two kinds of car insurance available under Honda car insurance:
This is a comprehensive policy that covers third-party liabilities as well as as own damage liabilities.
This offers a limited policy coverage extending to third-party liabilities alone.
Yes, you can insure the accessories that have been additionally fitted to the car for an extra premium.
Contact the insurer by visiting the nearest branch or via their official app or their customer care number from the respective website.
In case of car/accessories theft, file a FIR and obtain a copy of the same. Contact the insurer and raise a claim request for the same.
As per the Insurance Act of 1938, the check date should be the same/prior to the date of policy issuance.
As part of a customer welfare activity, Honda has announced that the Honda dealers in Kerala will offer complete support to customers of Honda in terms of sales and support to those affected by the devastating floods. The company offers certain discounts on car repair costs incurred by the flood victims of Kerala. The discount rate announced for labour costs is 50% and for car parts is 10%. The company has also made it known that the sales support team of the company will offer exchange offers for Honda as well as non-Honda cars. Additional support will be provided for those who lost their cars in the floods. The special offers are being made over and above the regular schemes available. The Senior Vice-President and Director of Sales and Marketing of the company said that complete support for sales and services will be provided to Honda car users in Kerala and that special teams of advisors and experts have been assigned to help the flood victims of Kerala. The service advisors and trained technicians will back the people of Kerala and help them rebuild their lives.
5 September 2018