#Virukipolicy | T&C*
Honda Car Company stepped into Indian markets after earning a graceful image in automobile industry in Japan. Through manufacturing affordable car models, Honda Car India sold millions of car models around the country. This sale also boosted the purchase of Honda car insurance after all preventing a brand-new car is first responsibility.
Honda Car company is showing outstanding performance India that can be gauged through its sale of Honda City and Honda CRV. Also, the after-sale service offered by the Honda Car India for the wellness of car is another commendable feature. Honda Car India has a network of 174 authorised dealership showroom in 110 cities.
According to the latest statistics the company has hundred thousands of models of Civic from 1998 till present date. A dynamic car that can be purchased between the budget of Rs 17 lakhs to Rs 21 lakhs with respect to the type of version selected.
The model comes in the category of budget cars in India and has a value ranging between Rs 5.8 lakhs to Rs 8.58 lakhs approximately.
A person holding a budget of Rs 9 lakhs to Rs 13 lakhs roughly can easily aim to buy this Honda City car.
Anybody who owe any model of Honda Cars can prefer any one of the insurance providers listed below in a sequence. Let’s find out-
Please Note: Every company follows a different renewal process. However, the steps mentioned above are just common steps usually performed during online car insurance renewal.
Claim can register with the company only the development of any serious issue like accident, any harm done to vehicle of third party, theft/ burglary, total damage due to natural calamities, etc.
1. What is the maximum time limit taken by the car insurance company to settle a claim?
The maximum time of days is taken by the insurer to settle a payment for a claim after it is approved.
2. How important is claim settlement ratio of the company in car insurance?
Claim settlement determines the credibility and loyalty to customers of the insurance company. The security of the claim depends upon this ratio and analyzing it before purchasing is of prime importance.
3. Third Party Or Comprehensive Coverage, Which should I buy?
Well it depends upon the needs of the car owner, whether he wanted extensive coverage or limited coverage. Comprehensive coverage can promise you safety from perils, disasters, personal accident, loss of parts, third party liability etc
Whereas, third party liability will only cover the loss/ harm done to other party vehicle by the insured Honda car.
4. Is car insurance compulsory in India?
Yes, insuring your car after the moment you purchase has become an obligation under the guidelines of IRDA. Both private and commercial cars.
5. What is the limit of making car insurance claim in a policy period?
There is no limit but it is always suggested to make claim for major losses and avoiding claims for minor repairs. However, one can find restrictions in number of claims under add-on covers.
Last updated on 17-06-2019