Honda Motorcycle and Scooter India Pvt Ltd (HMSI) is one of the top manufacturers of bikes and scooters in India. The company is a subsidiary of Honda Motor Company, Japan. It was started in 1999 with its headquarters at Manesar in Haryana. HMSI is the second-largest manufacturer of two-wheelers in India. The company is second in terms of market share, having a 26.1% market share in 2019 for two-wheelers. In the motorbike market, it stands third behind Hero and Bajaj.
With a customer base of 46 million customers, HMSI has more than 6,200 touchpoints for customer service. The company has a range of bikes catering to different segments of the motorcycle market. The Honda CB Shine is one of the best selling motorbikes offered by HMSI and is one of the top bikes in India.
Some of the top two-wheeler models offered by Honda Auto are:
The Honda Shine has a 125 cc engine with a 5-speed gearbox. It has a start/stop engine switch. Its 'eSP' technology ensures 14% more mileage. The 5-step adjustable suspension offers greater comfort. The CBS with equalizer offers greater safety on the road.
The XBlade has a 162 cc fuel-injected engine with a 5-speed transmission. It has a 'monoshock' suspension that provides superior handling and greater control. It has disc brakes with ABS for greater safety. It is sporty, stylish, and superior in design.
The Livo has a new 110 cc engine with a 4-speed transmission. The 'eSP' technology ensures a quiet start with enhanced performance. The 'HET' tubeless tyres ensure better fuel efficiency. It has a stylish design that is modern and offers comfort with convenience.
The Honda Unicorn comes with a new 162.7 cc engine with a 5-speed transmission. It has a maintenance-free battery and the 'PGM-FI' system offers better fuel efficiency. It has a stylish instrument panel with a premium chrome side cover.
The Honda SP has a 124 cc fuel-injected ACG starter motor that helps start the engine smoothly. It has a full digital meter and has a sporty look with alloy wheels, with a premium muffler chrome cover. The CBS with equalizer ensures a more comfortable ride.
The table below lists out the premium rates for some of the models of Honda motorcycles. The premium price depends on the model, variant, the year, and place of registration, among others:
Ex-showroom price of the bike
Honda Shine 125 cc
Honda XBlade Double Disc 162 cc
Honda Livo Drum 110 cc
Honda Unicorn STD 150 cc
Honda SP 125 Disc
**Last Updated on 10-08-2020
*The price is calculated for the 2020 model registered in Pune.
Add-ons help you to enhance the scope of your Honda bike insurance policy. Some of the exclusions in the policy can be covered through the help of add-ons. Some of the add-ons you can consider buying are:
You can renew your bike insurance in the most convenient way when you do it through PolicyX.com. The following explains how to do it:
The insurance policy covers the use of the bike for personal purposes. Shifting packages to a factory is considered as commercial use. The policy specifically excluded commercial use of the bike. Hence, your claim will not be accepted.
Depreciation is calculated on all parts that account for wear and tear. If you want to avoid this, you can opt for the zero depreciation add-on cover. This add-on will ensure depreciation is counted as zero. You can thus get a higher claim amount.
The basic insurance policy will not cover the towing of the vehicle. If you had opted for the roadside assistance add-on, then you can claim for towing of the vehicle or any other assistance you obtain on the road for the vehicle (subject to limits mentioned in the add-on coverage document).
Your insurance policy covers theft and you can make a claim for the losses you incurred due to the theft. All you need to do is visit the jurisdictional police station and file a complaint. Get a copy of the FIR and submit it to the insurer with your claim. Once your claim is processed, you will get compensation from the insurer.
Last updated on 10-08-2020