Honda Activa 5g Insurance

Honda Activa 5G Bike Insurance Summary

Honda Activa 5G is an improved version of the Activa family, which is great in looks but greater in performance. Its user-friendly functionalities and economical price helped it to become one of the highest-selling scooters in the nation, which is happily accepted by men as well as women. It owns the engine capacity of 109.19 cc, which produces the power of 7.96 PS at 7,500rpm and torque at 5,500rpm and delivers a mileage of 60 kmpl. When it comes to features, the Honda Activa 5G is loaded with excellent specifications such as the four-stroke engine, drum brakes, automatic transmission, kick and self start, LED headlight, maintenance-free battery, tubeless tyres, etc.

Honda Activa 5G Bike Insurance

Every bike owner must own a minimum of a third party bike insurance cover while driving in India, according to the Indian Motor Tariff. The third-party insurance cover is the basic cover, which offers you the compensation against the financial liabilities that you owe towards a third party occurred due to an accident involving your bike. If you get caught driving a bike without holding at least this bike insurance policy, you can be penalised with a fine of Rs. 2,000 and/or imprisonment of up to 3 months.

Types of Insurance Cover

1. Third Party Cover – This is the basic insurance cover that you should at least own while driving. It is meant to give you compensation for the expenses that may be caused by you towards a third party for their bodily injury, death or property damage, incurred due to an accident involving your bike. The maximum coverage offered for the property damage is limited to Rs. 1 lakh.
2. Standalone Own-Damage Cover – This is a bike insurance policy which is designed to safeguard the own-damages incurred by your bike, which incorporate the damages or loss sustained by your own bike due to an accident or a mishap including theft, fire, natural calamities and so on.
3. Comprehensive Cover – This is a bike insurance policy that provides holistic coverage. This cover compensates for the damages incurred by you towards a third party along with the own-damage expenses arising due to an accident or an unforeseen incident.

How to Buy Insurance for Honda Activa 5G From InsuranceDekho

With the InsuranceDekho platform, it has become easier to find insurance-related solutions for your bike insurance cover. Follow the below-given steps to purchase a bike insurance plan for your Honda Activa 5G:

Step 1: Visit the official website InsuranceDekho

Step 2: Fill up your bike number in the “Get Your Quote” tab. If you don't have the bike number, you can enter some other details like bike brand, bike model, fuel type, a variant of the bike, registration year, registration place, etc., to proceed further.

Step 3: Enter your name and mobile number to get the bike insurance policy quote

Step 4: Choose a policy quote and finalise a cover as per your budget and requirements

Step 5: Make payment for the chosen insurance policy. You will get the policy document via email.

Honda Activa 5G Bike Insurance Claim Process

Cashless Bike Insurance Process

With the cashless bike insurance process, you can get your bike repaired without paying anything at a network garage of your insurance company and your insurer will pay off your repair expenses on your behalf. Here is the process of the cashless bike insurance claim for your Activa 5G bike:

• Intimate your insurance company after an accident or mishap by contacting its customer e staff or by visiting their official website or through their mobile app, if available.
• Explain the incident in detail to the police and lodge an FIR, especially if you have faced an accident, theft, etc.
• Click a few photos of damages sustained by your bike and bodily injuries suffered by you or any other passenger, after the accident to use them as evidence during the claim settlement.
• Take your bike to the nearest network garage to get it repaired. You can get in touch with your insurance company to arrange towing facilities for your bike, in case it becomes immovable.
• Once your bike reaches the network garage, a surveyor will visit you to assess the extent of damages sustained by your bike. At this step, you will also need to present relevant documents before the surveyor like registration certificate, driving license, FIR, etc.
• The surveyor will prepare a claim report and submit it to the insurance company based on which your insurance company will decide to accept or decline the request of your claim.
• If your insurance company approves your claim, the network garage will repair your bike and after the completion of repair work, your insurer will pay off the amount of repair of your bike to the garage on your behalf.

Reimbursement Bike Insurance Process

The reimbursement claim process is framed in a manner under which you are liable to pay for your repair bills at the time of repair but can get it reimbursed from your insurance company after raising the claim for it. Here is the process of reimbursement bike insurance claim for your Activa 5G bike:

• Inform your insurance company about the mishap and register your claim.
• Take your insured bike to any garage or workshop of your choice for repair.
• A surveyor will be sent by your insurer at the garage to access the damage extent.
• The surveyor will prepare a claim estimate report and submit it to your insurance company.
• The garage will repair your bike and the cost of its bill will have to be borne by you.
• Submit the original repair bills issued by the garage to your insurer with the claim form.
• Your insurer will analyse your repair bill and claim form and then reimburse your repair cost.