What is Honda Dream Yuga Insurance
The Honda Dream Yuga is a reliable commuter motorcycle that is also comfortable and easy to ride. It has four-spoke alloy wheels, a long, comfortable seat, and a smooth suspension, making it great for driving around town every day. It is important to have Honda Dream Yuga bike insurance because the vehicle is often used on busy roads. This protects against theft, damage, and third-party liabilities.
Popular Honda Dream Yuga Variants with Insurance Premium
The cost of Honda Dream Yuga insurance depends on the variant of the bike, the registration year, the add-ons covered, and other factors. These are the starting prices:
| Honda Dream Yuga Variants (Registration Year 2025) | 5-year Third Party and 1-year Own Damage Plan (in Rs.) |
| CBS (110 cc) | Rs. 3,860 onwards |
| Electric Start Drum Brake Alloy Wheels (110 cc) | Rs. 3,860 onwards |
| Kick Start Drum Brake Spoke Wheels (110 cc) | Rs. 3,860 onwards |
| Kick Start Drum Brake Alloy Wheels (110 cc) | Rs. 3,860 onwards |
*Disclaimer: The prices in this table are only for your information. The actual premium changes based on the bike's brand and type, IDV, year of purchase, and other factors.
Reasons to Renew Honda Dream Yuga Insurance Online from Policybazaar.com
These are the benefits of renewing your Honda Dream Yuga bike insurance policy online through Policybazaar.com:
- Quick Comparison of Plans
- You can see and compare bike insurance policies from different companies all on one screen. This makes it easy for you to choose the most affordable policy without compromising on the required coverage.
- 24/7 Customer Assistance
- The consumer service team of Policybazaar.com is available around the clock to help you choose a bike insurance policy or file a claim.
- Renewal Reminders
- The platform offers a renewal reminder service for its customers. These timely reminders will ensure your Honda Dream Yuga insurance policy is renewed promptly upon expiration.
- Instant Policy Issuance
- You will get your bike insurance papers in your email right away after you pay your policy premium online.
Coverage Under Honda Dream Yuga Insurance Policy
- Inclusions
- Exclusions
Each insurer may offer different coverage for a Honda Dream Yuga bike insurance policy. However, the following risks are typically covered.
- Damages incurred while the bike is in transport.
- Losses incurred during road accidents.
- Damages incurred while the bike is in transport.
- Legal liabilities related to compensation payable for accidental property damage or a physical injury caused accidentally.
- Damage caused by earthquakes, floods, cyclones, and similar events.
- Medical treatment for the rider after bike accidents (up to Rs. 15 lakh).
- Theft or total loss of your two-wheeler.
Bike insurance policies offer extensive coverage; however, specific incidents are excluded. Here are some common examples:
- Regular wear and tear of the Honda Dream Yuga.
- Mechanical or electrical failure and consequential losses.
- Losses or injuries caused while riding under the influence of alcohol or other intoxicants.
- Damages and losses caused by non-compliance with driving rules. For example, riding a bike without a helmet.
- Events occurred outside the geographical limits of the Honda Dream Yuga bike insurance.
*Disclaimer: Each provider may have different bike insurance policy exclusions and inclusions. Examine your bike insurance policy documents carefully to determine the extent of your coverage.
Honda Dream Yuga Insurance Add-on Covers
You can add the following optional covers to your comprehensive bike insurance policy for an extra premium to get more coverage:
- Roadside Assistance Cover
- With this cover, you can get help with things like towing, delivering fuel, making small repairs and fixing flat tyres if your bike breaks down.
- Consumables Cover
- This add-on pays for replacing things like nuts, bolts, engine oil, and grease that get used up while repairing your bike after an accident.
- Cash Allowance Cover
- If you have this optional cover, you can get a fixed daily allowance while your bike is getting repaired after an insured event.
- Zero Depreciation Cover
- With this add-on, the insurer will not consider the depreciation of the bike's parts when calculating the claim for accidental damage.
How to Renew Honda Dream Yuga Insurance Online?
To maintain uninterrupted coverage, renew your Honda Dream Yuga bike insurance policy within the designated period.
- Step 1: Visit Policybazaar.com and select '2 Wheeler Insurance'.
- Step 2: Provide the registration number of your bike and click on the 'View Price' button.
- Step 3: Your screen will display various bike insurance policies from different insurers. Choose one that meets your coverage requirements. Include any add-ons you require. Select 'Pay Now'.
- Step 4: Provide all necessary information, choose your payment method, and finish the transaction online. After your payment is completed, you'll get the Honda Dream Yuga Bike insurance documents sent to your email.
How to Raise Honda Dream Yuga Insurance Claims Online?
You can submit a cashless or reimbursement claim for your Honda Dream Yuga. The processes for filing both types of claims are slightly different.
Cashless Claims
- Step 1: Report the insured event to your insurer.
- Step 2: Fill out the claim form available on Policybazaar.com. Give the necessary documents. You need to provide papers such as copies of your bike's RC, driving licence, ID, and address proof.
- Step 3: An insurance surveyor will be assigned to examine your bike's damage and approve the repairs.
- Step 4: Take your bike to any network garage for repairs. Your insurance provider will directly settle the bills with the garage.
Reimbursement Claims
- Step 1: Inform your insurance company of the damage.
- Step 2: For bike theft or third-party damage, go to the nearest police station and file a formal complaint (FIR).
- Step 3: The bike's damage will be examined by an insurance surveyor before being approved.
- Step 4: Have your bike repaired at any garage of your choice.
- Step 5: Pay the bills and retain the original invoices.
- Step 6: Provide the original invoices together with the claim form. Your insurer might also ask for extra supporting documents to process your claim. After your claim is processed, you will receive your reimbursement.
Documents Required for Accidental Claim Settlement
You need to present the following documents while filing an accident claim under your Honda Dream Yuga bike insurance policy:
- A completed claim form.
- Two-wheeler insurance policy documents.
- The driving licence of the person riding the bike during the accident.
- Repair invoices (original) for reimbursement claims.
- The original bike registration certificate and tax receipt of the bike.
- Discharge and satisfaction voucher provided by the garage. You must sign it and affix a revenue stamp.
- A copy of the acknowledgement letter sent to the jurisdictional RTO informing them about the theft of your bike and declaring the bike 'No-Use'.
- The original FIR filed with the police in case of bike theft or third-party damage.
- Subrogation letter.
- Forms 28, 29, or 30 signed by the policyholder.
- Form 35 signed by the lender if the bike is taken on loan.
- No objection certificate from the financer is required if the claim is to be paid to you.
FAQs about Honda Dream Yuga Insurance
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How much does Honda Dream Yuga insurance cost?
The cost of a Honda Dream Yuga bike insurance renewal depends on many factors, like the age of the bike, its condition, anti-theft devices installed, the variant, the type of policy, and more. The starting price for the policy is Rs. 3,860. -
Can I buy a 5-year bike insurance policy for my Honda Dream Yuga?
Yes, some insurers offer 5-year bike insurance policies for the Honda Dream Yuga. -
What are the benefits of getting a zero depreciation add-on under Honda Dream Yuga insurance?
When you get a zero depreciation add-on for your Honda Dream Yuga, you get a higher compensation from your insurer for accidental damages, as the depreciation of the bike's parts will not be considered while calculating the claim amount. -
How to get affordable bike insurance for my Honda Dream Yuga?
You can compare the Honda Dream Yuga bike insurance policies offered by multiple insurers and choose the most affordable one. You may also choose a higher amount of deductibles or skip add-on covers to save on your bike insurance premium. -
Can I file a bike insurance claim for scratches on my Honda Dream Yuga?
Yes, you can file a bike insurance claim for scratches on my Honda Dream Yuga. However, filing an insurance claim for minor issues such as scratches is not recommended. You may lose out on your NCB (No Claim Bonus) by filing a claim. -
Can I skip personal accident cover for my Honda Dream Yuga?
It is mandatory to have a personal accident cover with a sum insured of Rs. 15 lakh for your Honda Dream Yuga. However, you can skip it if you already have a policy with a higher sum assured or if you have another bike with personal accident coverage.






