Honda SP Insurance

Popular Honda SP Models with Bike Insurance Prices

*Disclaimer: SP insurance premium prices may change from insurer to insurer depending on elements of ex-showroom price, RTO year, location and past claims.

Reasons to Buy Honda SS Online from Policybazaar.com

There are plenty of reasons to purchase your SP Insurance online from Policybazaar.com. Below are some benefits that are too good to miss:

• In a few simple steps, you can make SP insurance renewals online and also get add-ons in the process.
• Take advantage of discounts on the overall premium prices and enjoy a pocket-friendly deal.
• Easily calculate your SP Insurance price online using the efficient and free online premium calculator tool.
• With 24/7 roadside assistance coverage, never be stranded on your journey and receive on-the-spot help for fuel, towing, pick & drop.
• Whether it is a cashless claim or reimbursement claim, you can file them online and experience a hassle-free journey of settlement.
• For any queries or assistance, Policybazaar.com's professional Customer Care team is available at 1800-258-5970 round-the-clock to provide immediate help and resolve all insurance-related queries.
• Personalise your coverage with add-on options such as zero depreciation, personal accident, and engine protection.

*Disclaimer: Read your policy papers to understand inclusions and exclusions as it may differ for different insurers.

Honda SP Insurance Add-ons

You can enjoy wider coverage for your bike insurance with add-ons. The additional protection allows you to customise your Honda SP Insurance policy according to your needs and you can secure the desired parts of your bike. Below are some choices you can consider:

• Return-to-Invoice Cover: Protect against financial troubles with Return-to-Invoice Cover. In the event of theft or significant damage resulting in repairs, this add-on covers you for the full invoice price, including road tax and registration costs, as opposed to normal plans, which only pay the depreciated Insured Declared Value (IDV).
• Zero Depreciation: As your bike ages, its value gradually decreases. Choosing zero depreciation coverage in bike insurance assures that, in the case of a claim, you will be compensated based on the actual replacement cost of parts, without regard for depreciation. This reduces out-of-pocket payments for claim settlements.
• Pillion Rider Cover: The Pillion Rider Cover safeguards your passenger's financial security in the case of an accident. This add-on provides medical care and injury compensation, allowing you and your pillion rider the confidence to enjoy your trips without worry.

How to Buy/Renew Honda SP Insurance Online?

Follow these simple steps on Policybazaar.com to get or renew your Honda SP insurance:

• Step 1: Open the browser and navigate to Policybazaar Insurance Brokers Private Limited's official website.
• Step 2: On the homepage, select the 'Bike Insurance' option from the 'Insurance Products' menu.
• Step 3: Enter your SP registration number and then click 'View Prices' to view policy choices. For new motorcycles, click 'Bought a New Bike' and enter information like make, model, RTO, year, and variation.
• Step 4: Compare SP insurance price list from various insurers based on coverage, features, and costs to find the policy that meets your needs.
• Step 5: For extended coverage, consider adding add-on covers like Return-to-Invoice Cover, NCB Protection Cover, or Pillion Rider Cover.
• Step 6: Provide personal information such as your name, address, and contact information.
• Step 7: Make the payment securely via UPI, online banking, or a debit/credit card. After processing, the Honda SP Insurance policy will be provided to you immediately.

How to File Honda SP Insurance Claim?

1. Cashless Claim Settlement

   These are steps to file a cashless claim for your Honda SP bike:

   • Step 1: Contact your insurance company soon after any damages sustained by your insured SP bike to begin the claim process.
   • Step 2: The insurance provider will hire a surveyor to inspect the bike, assess the amount of the damage, and approve repairs.
   • Step 3: After the surveyor has submitted their report, the insurance company will calculate the repair costs. Bring your SP bike to an authorised network garage for cashless service.
   • Step 4: With the insurer's permission, the garage will fix your bike, and then they will pay for the repairs immediately, assuring a hassle-free process.

2. Reimbursement Claim Settlement

   Here's a straightforward process for filing a reimbursement claim for your Honda SP Bike:

   • Step 1: Notify your insurance company of the damages to the insured bike right away and begin the recovery procedure.
   • Step 2: The insurance surveyor will evaluate the damage and prepare an evaluation report.
   • Step 3: The surveyor will provide the entire damage report to the insurance within 48 hours for claim processing.
   • Step 4: Fill out the claim form completely and send it to your insurance company along with any supporting papers.
   • Step 5: Have your Honda SP bike fixed at any preferred mechanic shop and make the cash-up advance.
   • Step 6: Provide the insurance provider with the original invoices and payment receipts. Following verification, the authorised reimbursement amount will be credited to your account.

Documents Required for Honda SP Insurance Claim

To file an insurance claim for your Honda SP, ensure the following documents are ready:

• Copy of valid Driving License (DL)
• Filled and signed Claim Form
• KYC Documents (mandatory for claims exceeding ₹1 lakh)
• Registration Certificate (RC) copy of the bike
• Original Repair Bills and Receipts (for reimbursement claims)
• FIR Copy (required for theft, fire, property damage, death, or third-party injuries)

Additional Documents Required for Honda SP Insurance Claim

• Bike Keys and Purchase Invoice
• RTO-issued 'No Use' Certificate (for unused vehicles)
• Subrogation Letter (if applicable)
• NOC from Financer (for financed vehicles)
• FIR Copy (for theft or significant damage)
• Non-Traceable Report (if theft is involved)
• Original Insurance Policy Papers