Honda Hornet 2.0 Insurance
After its debut in 2020, the Honda Hornet 2.0 became popular with young Indian motorbike riders. People liked it because it had a muscular design and did well in the 180cc class. The engine of 184.4 cc is good for both short trips and long ones. But crashes, bad weather, and theft can happen at any time. Sometimes, it costs a lot of money to have an uninsured bike. If you have comprehensive bike insurance, it will cover fixes, theft, and claims from other people.
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₹1.3/day*Popular Honda Hornet 2.0 Variants with Insurance Premium
The estimated bike insurance premium for the Honda Hornet 2.0 model is shown in the table below. The prices shown are based on a package of one year's own damage insurance and five years of third-party insurance. The cost of the Zero Depreciation add-on cover is also included.
Honda Hornet 2.0 Variant | Zero Dep Cover (Add-on cover) | Estimated Honda Hornet 2.0 Bike Insurance Price (1+5) |
Honda Hornet 2.0 | ₹240 | ₹7,634 |
*Disclaimer: The figures are indicative and based on a particular data. Honda Hornet 2.0 insurance rates depend on the Insured Declared Value, registration year, location, add-ons, etc., and varies.
Reasons to Buy Honda Hornet 2.0 Insurance Online from Policybazaar.com
Buying Honda Hornet 2.0 insurance through a trusted platform such as Policybazaar.com offers both convenience and clarity. Visitors can explore bike insurance policies, compare their features and choose one that meets their needs. These are the primary advantages of opting for this method:
- Comprehensive Coverage: This policy provides comprehensive coverage for your bike, including third-party liabilities and personal damage.
- Cashless Garage Network: Repairs can be carried out at authorised service centres without the need for immediate payment.
- Swift Claim Settlement: If you file your claim quickly and easily, you can get your bike back on the road quickly.
- No Claim Bonus: During the renewal process, you will receive a discount on your premium if you ride safely and do not file a claim. This is referred to as the No Claim Bonus as well. In this way, responsible riding is rewarded.
- Roadside Assistance: You can get rapid assistance if your bike breaks down, which includes towing and basic repairs at the location.
- Customer Support: Get help anytime by calling 1800-258-5970 for insurance queries.
Coverage Under Honda Hornet 2.0 Insurance
- Inclusions
- Exclusions
A well-structured two-wheeler insurance policy offers financial security for your Honda Hornet 2.0, protecting it from a variety of unforeseen incidents.
Here is what bike insurance covers:
- Accidental damage from collisions or crashes.
- Theft or burglary of the vehicle.
- Damage caused by riots, vandalism, or civil disturbances.
- Natural disasters, including floods, earthquakes, or storms.
- Fire damage from accidents or explosions.
- Lightning-related damage.
- Losses due to terrorist activities.ḥ
- Third-party liabilities for injuries or property damage.
- Damage during transportation by road, rail, air, or water.
Here is what will not be covered by bike insurance:
- Normal wear and tear of parts.
- Mechanical or electrical failures unrelated to accidents.
- Riding under the influence of alcohol or drugs.
- Damage outside the policy's geographical coverage area.
- Accidents without a valid driving licence.
- Indirect costs, such as loss of income or temporary inconvenience.
- Tyre or tube damage unless part of an accident-related claim.
Disclaimer: Coverage may vary across insurers. Always review policy documents carefully.
Honda Hornet 2.0 Insurance Add-ons
Enhancing your Honda Hornet 2.0 insurance with add-ons ensures comprehensive protection, especially for frequent riders or those in high-risk areas. These additional covers provide tailored financial security for various scenarios. By choosing these options, you safeguard your bike and passengers against unexpected challenges.
- Engine Protection Cover: It covers repair or replacement costs for your Hornet 2.0's engine due to water ingress, oil leaks, or flooding. This is vital for riders in areas with heavy rainfall or poor road drainage, where engine damage is a risk.
- Pillion Rider Cover: This cover provides financial support for the passenger in case of injury, disability, or death during an accident. This is essential for Hornet 2.0 riders who often travel with a companion, prioritising their safety.
- Zero Depreciation Cover: It ensures full claim payouts without deductions for depreciation on parts like plastic, rubber, or metal components. This add-on is perfect for Hornet 2.0 owners who want to maintain their bike's pristine condition without extra repair costs.
- Full Invoice Value Cover: This is also known as Return-to-Invoice add-on cover and reimburses the complete invoice amount, including registration fees and taxes, in case of theft or total loss. It ensures you recover the full financial value of your Honda Hornet 2.0, making it ideal for riders who cherish their bike's original cost.
How to Buy or Renew Honda Hornet 2.0 Insurance Online?
Acquiring or renewing your Honda Hornet 2.0 insurance on Policybazaar.com is simple and efficient.
Step 1: Go to Policybazaar.com and pick 'Bike Insurance'.
- Step 2: Type your bike's registration number to renew it or select 'Bought a New Bike' to buy a new one.
- Step 3: Fill in the details on the next page by providing the necessary information.
- Step 4: Choose third-party or comprehensive bike insurance for your Hornet 2.0.
- Step 5: Review add-ons like zero depreciation or personal accident cover to tweak your plan.
- Step 6: Browse Hornet 2.0 renewal price options, select one, and pay with UPI, net banking, or card.
- Step 7: Your policy will be sent to your email within minutes.
How to Claim Insurance for Honda Hornet 2.0?
Where you choose to get your Hornet 2.0 fixed will not affect your ability to file an insurance claim. You have the choice between the cashless settlement and the reimbursement settlement. Here are the steps you need to take for each approach:
1. Cashless Claim Process
Steps for cashless claims under bike insurance:
- Step 1: Tell the insurance company right away after an accident.
- Step 2: A surveyor looks at the damage and sends in a report.
- Step 3: Once everything is okay, take your Hornet 2.0 to a network garage.
- Step 4: The insurance company pays the garage straight for the fixed costs.
2. Reimbursement Claim Process
- The following are the procedures for Honda Hornet 2.0 insurance claim reimbursement:
- Step 1: Report the incident via the insurer's helpline.
- Step 2: A surveyor evaluates the damage and prepares a report.
- Step 3: The report is finalised within 48 hours.
- Step 4: Submit the claim form and required documents.
- Step 5: Pay for repairs and retain invoices.
- Step 6: Submit bills for reimbursement.
- Step 7: Receive the approved amount in your bank account.
Documents Required for Honda Hornet 2.0 Insurance Claims
Submitting all the right documents makes the claim process go more smoothly. The following are required:
- Completed and signed claim form
- Bike's Registration Certificate
- A valid driver's licence
- Proof of identity for claims over ₹1 lakh
- Repair estimates
- Last bills for repairs
- File FIRs for third-party accidents, fires, property damage, and theft
Additional Documents for Honda Hornet 2.0 Theft Claims
For theft reports, please send these extra items to speed up the process:
- Original copy of the insurance policy
- Certificate of Registration for Bike
- Bill for the purchase from the store
- Keys and the purchase bill
- A copy of the FIR was turned in to the cops
- Certificate from the cops that can't be traced
- When you have a loan, you need a "No Objection Certificate" from the bank
- RTO letter stating that the bike has not been used
Honda Hornet 2.0 Insurance – FAQs
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Q. Is the Honda Hornet 2.0 suitable for long-distance touring?
Ans: The Hornet 2.0 is designed for urban agility but handles highway rides well with its responsive engine and comfortable ergonomics. -
Q. Can I transfer my No Claim Bonus to a different insurer?
Ans: Yes, the No Claim Bonus can be transferred to a new policy within 90 days of the previous policy’s expiry. -
Q. What should I do if I sell my Honda Hornet 2.0?
Ans: Inform your insurer about the sale to transfer the policy to the new owner or cancel it. -
Q. How soon should I report an incident to my insurer?
Ans: Report accidents within 24 to 48 hours to ensure smooth claim processing.