Honda Cars India Limited (HCIL) is India’s leading manufacturer of premium cars. Honda Cars India Ltd was established in the year 1995. It is a subsidiary company of Honda Motor Company Ltd, Japan. The first manufacturing unit of HCIL was set up in 1997 at Greater Noida, U.P. It provides commitment to Indian Customers to provide latest passenger car models with advanced technologies. With its head office situated at Greater Noida in U.P, HCIL has three offices in Mumbai, Chennai and Kolkata. The company has over 371 dealership outlets across 121 cities in 20 States and 3 Union Territories. Honda Cars have also launched an application known as “Honda Connect” on their 20th Anniversary making their cars digitized and Smart.
Popular Honda Models
Honda Cars offers a range of cars in India. Let’s discuss about some of its popular models:
Name of the Model
Salient Features of the Model
Honda City continues to be the strongest product in India of Honda Cars over a number of years. It has advanced features which includes one touch electric sunroof, auto folding door mirror, Shark fin antenna and R16 diamond cut alloy wheel. Honda City is also longer and wider and it comes in three variants with two BS6 complaint engine options.
Honda Amaze is a solid and powerful 1.2 i-VTEC petrol engine with aggressive front and imposing shape It also allows you to seamlessly connect your drive with your smartphone enabled digital lifestyle through easy to use controls. Honda Amaze delivers great driving pleasure combined with good fuel efficiency. It has 14 variants and is currently available in Diesel and Petrol engines.
Honda CR-V is available to be brought in a single fully-loaded petrol variant only which means it is only available with a 5-seat layout. Honda CR-V is offered with a BS-6 Complaint petrol engine paired with CVT gearbox. Honda CR-V offers advanced features which includes a panoramic sunroof, rear parking sensors, six airbags, hill launch assist, dual-zone climate control, 7-inch touchscreen infotainment system and more
Honda Civic is offered with a BS6- compliant in both diesel and petrol-powered engine. Honda Civic has one of the most spacious cabins in its class and has plenty of room to stretch your legs. It brings you home comfort combined with luxury. Its features include front side airbags, hill start assistance, anti-lock braking system, reverse parking sensors and more.
The Honda WR-V is an impressive city runabout. Honda WR-V has a spacious cabin with excellent visibility, spacious gear seat and amazing light controls giving it an edge over the competition. The safety features of the model include dual airbags, reverse parking camera, ABS with EBD and rear parking sensors.
Honda car insurance plans
Whatever model of Honda car you own, you need a valid car insurance policy on the same. The Motor Vehicles Act, 1988 mandates a valid insurance cover on all Honda cars. Thus, when you buy a Honda car, you should also buy a car insurance policy with it.
Types of Honda car insurance plans
There are two types of car insurance plans which you can choose for your Honda car. These policies are as follows –
Third party liability plans are those which cover the liability that you suffer if you cause injury or damage to third parties. The policy excludes coverage to your Honda car itself. This cover is mandatory as per the Motor Vehicles Act and is the basic cover for your car.
Comprehensive policies are not mandatory as per the Motor Vehicles Act but they are recommended. These plans cover the mandatory third party liability as well as the damages which your Honda car might suffer. Comprehensive plans, therefore, have an inclusive scope of coverage and provided complete protection in case of car related emergencies.
Inclusions in Honda car insurance
Your Honda car insurance policy covers you in the following types of contingencies –
Third party liability plans cover only the first two instances of claims while under comprehensive plans all the above-mentioned inclusions are available.
There is also a personal accident cover for the owner/driver of the car. This cover is mandatory for you but if you have a personal accident cover in another plan, you don’t need to have this cover again.
Exclusions in Honda car insurance
There are some instances which are outside the scope of coverage of Honda car insurance plans. These instances are called policy exclusions and claims incurred due to such exclusions are not paid. Common exclusions in Honda car insurance plans include the following –
Add-ons under Honda car insurance
Comprehensive car insurance policies for your Honda car contain a range of add-ons which help in enhancing the scope of coverage. These add-ons are optional in nature and if you choose an add-on, additional premium would be payable. Some of the most popular add-ons available under Honda car insurance plans include the following –
Under this add-on, the amount of depreciation, which is deducted from the claim amount, is covered. The add-on provides coverage for depreciation of the parts of your Honda car even though such depreciation is not included in the policy. Thus, by choosing this add-on, you can increase the amount of claim payable under your Honda car insurance policy.
This add-on comes to your assistance if your car breaks down in the middle of the road and you are unable to tow it to the nearest garage. The roadside assistance add-on includes a host of coverage benefits right from towing facilities to flat tyre replacement, fuel assistance and accommodation if you are stranded among others. Under this add-on you would get 24*7 assistance from the insurance company for any car related emergencies.
NCB is the no claim bonus which you earn if you don’t make a claim in your car insurance policy. This bonus allows a discount on car insurance renewal. However, if a claim is made, the bonus is wiped out. The NCB add-on protects the bonus even if there is a claim. The add-on, therefore, helps you earn a premium discount even after making a claim in your Honda car insurance policy.
Under this add-on, personal accident cover is allowed for the passengers travelling in the car. If the passengers suffer from accidental death or disablement due to the car, the add-on would pay a lump sum benefit.
This add-on proves useful if your Honda car is stolen or if it is damaged beyond repairs. In such cases, the car insurance policy would pay the Insured Declared Value of the car which is lower than the price at which you bought the car. However, if the add-on is taken, the insurance company would pay the invoice value of the car and compensate you optimally.
If the engine of your car gets damaged due to water-logging, your car insurance policy would not cover such damages. However, if this add-on is selected, engine damages due to waterlogging would get covered under the scope of the car insurance policy.
Consumables are not covered under car insurance plans but with this add-on you can get coverage for the cost of consumables used at the time of repairs of your car.
Premium of Honda car insurance
Third party premiums for Honda cars are fixed by the IRDAI (Insurance Regulatory and Development Authority). These premiums are reviewed every year and can be changed. Comprehensive premiums, on the other hand, are fixed by the insurance company depending on the value and other details of the car being insured.
Following are the estimated premium rates payable for a comprehensive Honda car insurance policy for different popular Honda car models if the car is bought in Mumbai –
Name of the Model
Rs 22,501- Rs 42,674
Rs 17,725- Rs 31,676
Rs 62,357- Rs 93,185
Rs 64,342- 1,05,203
Rs 20,525- Rs 34,443
Discounts available under Honda car insurance
Comprehensive Honda car insurance policies are eligible for premium discounts which lower the premium outgo. These discounts are allowed in the following instances –
How to apply for Honda car insurance through Turtlemint?
Turtlemint allows you to insure your Honda car online in some simple steps. You can also compare some of the best car insurance policies on Turtlemint’s platform since it is tied up with leading car insurance providers of India. Thus, if you buy your car insurance policy through Turtlemint, you can compare and choose the best and the most comprehensive car insurance policy for your Honda car.
To buy Honda insurance through Turtlemint, here are the steps which you should take –
How to renew your Honda car insurance policy?
Renewal of Honda car insurance plans is necessary so that you can enjoy uninterrupted coverage and comply with the traffic rules of having a valid insurance policy. Renewals of your car insurance policy can also be done online. You can visit the website of the insurance company from which you bought the policy and renew online by providing your policy number and details.
Alternatively, you can renew online through Turtlemint if you are an existing Turtlemint customer. To renew, log into your Turtlemint account, choose the policy and calculate the renewal premium. Pay the premium online and the policy would be renewed instantly. If, however, you have not bought your car insurance policy through Turtlemint, you can buy a new policy for renewing your existing one. You just have to provide the details of your Honda car and existing policy and you would be able to check the best car insurance plans for renewal. Pick a policy and pay the premium online and your policy would be renewed instantly.
How to make a claim in your Honda car insurance plan?
For any claim in your Honda car insurance policy, you should inform the insurance company immediately and follow some specific steps. These steps are as follows –
You should remember these steps of claim filing to get your car insurance claims settled easily. Alternatively, you can take Turtlemint’s help for your car insurance claims. You just have to inform Turtlemint of your claim and Turtlemint would follow the claim process on your behalf so that the claim is settled at the earliest. Inform Turtlemint at 1800 266 0101 or by sending them an email at firstname.lastname@example.org and you would get complete assistance at the time of your car insurance claims.
Documents needed for Honda insurance
To get your car insurance claim successfully settled, you should submit the following documents with the insurance company –
In case of lapse of the car insurance policy, the no claim bonus is preserved till 90 days after lapse. If the policy is not renewed within 90 days of lapse, the no claim bonus would be lost.
The no claim bonus depends on your claim experience. Here are the rates of bonus which you can earn depending on the number of claim-free years on your policy –
Claim –free years
No claim bonus rate
One claim-free year
Two successive claim-free years
Three successive claim-free years
Four successive claim-free years
Five successive claim-free years
Premiums of a comprehensive car insurance policy depend on the following factors –
The coverage amount of personal accident cover is INR 15 lakhs.
IDV means the Insured Declared Value of your car. It depicts the current market value of the car after depreciation. The depreciation which is deducted from the market value depends on the age of the car and is as follows –
Age of the car
Up to 6 months
More than 6 months but less than 1 year
More than a year but less than 2 years
More than 2 years but less than 3 years
More than 3 years but less than 4 years
More than 4 years but less than 5 years