Honda started from a tiny shop in Japan and is now one of the biggest motorcycle manufacturers in the world. This motorcycle manufacturer has produced a variety of bike models and focuses on making each one of their motorcycles the best in the market. Honda Gold Wing is by far their most popular luxury bike that is known not only for its style but is also for its performance.
Honda Gold Wing is an apt choice for going on road trips for sure, however, before you ride out on your luxury bike you need to ensure that you have a valid Honda Gold Wing two wheeler insurance policy to cover you against any unfortunate events that might occur along the way. According to ‘The Motor Vehicles Act, 1988’, it is illegal to drive on the roads without a valid insurance cover. With thoughtfully designed Honda Gold Wing bike insurance policies that provide you with complete coverage, IFFCO-Tokio can help you ride your bike legally and safely.
There are mainly two types of bike insurances, a basic third-party insurance policy, and a customizable comprehensive Honda Gold Wing two-wheeler insurance policy. With IFFCO-Tokio get the perfect plan that suits your coverage requirements and also fits your budget.
Accidents are unpredictable in nature and can even befall riders who are skilled and drive safely. To be prepared for such an incident is the major reason why you should get yourself an apt Honda Gold Wing insurance policy. By providing you with financial cover in the unfortunate event of an accident, buying your Honda Gold Wing bike insurance policy from IFFCO-Tokio will give you the most valuable feeling: peace of mind.
A third-party Honda Gold Wing insurance policy will cover you against the financial and legal liabilities that you need to bear for the third concerning party in the accident.
On the other hand, opting to buy a comprehensive Honda Gold Wing insurance plan will cover you for the damages that you incur due to an accident or due to man-made and natural disasters. In layman terms, you will be financially covered for the losses that are caused by floods, earthquakes, tsunamis, theft, etc.
You either walk into the IFFCO-Tokio offices directly or visit our easy-to-use website and get all the information you need to buy the right Honda Gold Wing insurance policy online. Using our website, you can easily buy a Honda Gold Wing insurance policy from the comfort of your couch by following these simple steps.
You can easily buy a Honda Gold Wing two-wheeler insurance from IFFCO-Tokio through any of these methods:
Buy the Honda Gold Wing bike insurance policy in person by visiting one of our offices and get assistance from one of our skilled insurance representatives, or,
Visit our website and follow these three simple steps and get your Honda Gold Wing insurance online -
Log in on our website by entering your name and mobile number. You would also be required a few details about your bike like its registration and model number. After which, you will be able to see the different Honda Gold Wing insurance policies and add-ons that suit you the best.
Select the Honda Gold Wing bike insurance policy that best suits your budget and coverage requirements. As these plans are customizable you can even include add-ons in your Honda Gold Wing insurance policy.
After choosing the right Honda Gold Wing insurance policy, you can conveniently check out and head to make a secure payment for the same. Subsequently, your Honda Gold Wing insurance will be sent to your inbox instantly!
It is recommended to buy your Honda Gold Wing insurance online for the following reasons:
You do not need to maintain a paper trail as the Honda Gold Wing two-wheeler insurance is emailed to you instantly.
The entire transaction process is completed in a few clicks.
This would depend on whether you go for a third-party Honda Gold Wing insurance policy or a comprehensive insurance policy.
Coverage under a third-party bike insurance policy
Coverage under a comprehensive bike insurance policy
A comprehensive Honda Gold Wing insurance policy is considered to be the ideal choice for any policyholder. This is because this type of policy covers the third-party and also the policyholder. Here’s what the comprehensive Honda Gold Wing two-wheeler insurance policy covers:
Here are some recommended add-ons that can widen the coverage of your Honda Gold Wing bike insurance policy.
Zero-depreciation cover pays the entire claim amount without deducting depreciation value at the time of settling the claim.
This add-on keeps your no claim bonus safe even if you made a claim in the previous year.
If your vehicle is deemed a total loss, the add-on cover helps you get the original invoice price of the vehicle, including road tax and registration charges.
These are some of the standard exclusions of a bike insurance policy in India
Types of bike insurance we provide:
Third-party Honda Gold Wing two-wheeler insurance policy only covers any damage to a third party, including death, bodily harm, injury, and damage to a property in case of an accident or collision involving your bike.
Comprehensive Honda Gold Wing two-wheeler insurance policy covers both third-party liabilities as well as own damage to your bike. It also covers both natural and man-made calamities. These comprehensive Honda Gold Wing two-wheeler insurance plans also allow you to include add-ons for a wider coverage!
You can also include the zero-depreciation cover to your comprehensive Honda Gold Wing two-wheeler insurance policy. This will ensure that in case of an accident, you get complete reimbursement for part replacements without any deduction for depreciation. Great, isn’t it?
You should be aware of the following bike insurance terms before you buy the Honda Gold Wing two-wheeler insurance policy.
Premium is the cost of your Honda Gold Wing insurance policy. It is the amount you have to pay to enjoy bike insurance coverage. It is usually payable annually, except for the case of long-term Honda Gold Wing two-wheeler insurance plans, where it is usually paid once every 3 years.
The financial protection provided by your Honda Gold Wing two-wheeler insurance policy is known as coverage. The coverage of a bike insurance policy will vary based on the insurance provider and the type of Honda Gold Wing two-wheeler insurance plan you purchase.
Add-ons are extra amounts of financial protection that you can purchase to widen the coverage of your Honda Gold Wing two-wheeler insurance policy.
IDV stands for Insured Declared Value. It is the listing price of your bike minus depreciation. In case of a total loss or theft of your bike, IDV is the maximum compensation your insurance provider will offer.
NCB is a discount you get when you renew your plan after a claim-free year. This discount will keep increasing for every claim-free year. You can avail a maximum discount of 50% year after year for not making any claims against your Honda Gold Wing insurance plan.
It’s simple! Just use our bike insurance premium calculator. This online tool allows you to check the premium of your Honda Gold Wing two-wheeler insurance policy using some very basic information. To calculate the premium, you must provide the following details:
Our bike and scooter insurance plans are like an extension of your protective gear. They keep you safe, wherever the road might take you! From the headlight to the tail-lamp, we’ve got you covered!
We use innovation and technology to provide you quicker and more convenient insurance solutions. For example, your policy can be issued instantly through our distribution channels. You can also use our QCS (Quick Claim Settlement) App to accelerate your claim process and get up to Rs. 20,000 transferred to your bank account within a few minutes - all with just a few clicks on your smartphone.
With close to 20 years of experience in the insurance industry, we have settled more than 8 lakh claims (in FY19) with a settlement ratio of 95.80% (in FY21). This is just one of the reasons why 1,00,000+ individuals entrust us for their bike insurance needs.
We provide cashless services in more than 4300 garages, which are evenly spread across the country.
We offer a QCS facility under which bike insurance claims get settled seamlessly within minutes.
For 20 years, we have been servicing our customers with a wide range of insurance policies.
We’ve settled a total of 8.61 lakh claims in FY2019 and have a claim settlement ratio of 95.80%.
IFFCO-Tokio won the 2019 IDC Digital Transformer Award for India for AI-based claim assessment of damaged vehicles. We have also won the BFSI Digital Innovation Award by Express Computers, Indian Express Group, as well as the Digital Insurer of the Year 2019 by Insurance Asia News Awards for Excellence.
Our policies can be brought from more than 20,000 agents and branches having a wide presence throughout the country.
Through our QCS app:
If you wish to make a claim for compensation, you can do so using our QCS (Quick Claim Settlement) app. All you have to do is upload related documents, photos, and videos of the damages you want to make a claim for. We will review the documents and other details uploaded by you and approve your claim (we have a claim settlement ratio of 95.80%). After this, the estimated amount for repairs will be sent to your bank account within minutes. Please note, for claims made through an application, the maximum claim amount will be Rs. 20,000.
You can register a claim for compensation online or by reaching us on 1800-103-5499.
To make a claim online, you will have to log in with your registered Email ID and Password. When you log in, go to ‘make a claim’ option and follow the steps mentioned. If you register a claim over a call, our customer care executives will guide you with further procedure.
The add-ons on my IFFCO-Tokio comprehensive two-wheeler insurance plan are great.
Rated by: Deepak Parikh
IFFCO-Tokio provides great comprehensive insurance plans!
Rated by: Vaishali Kadam
IFFCO-Tokio has so many network garages so taking my bike insurance plan from them was a smart decision.
Rated by: Anjan Bhawalkar
I was looking for quotes on bike insurance policies and IFFCO-Tokio provided the best deal.
Rated by: Tapan Hinduja
I got my Honda Hornet insured by IFFCO-Tokio and I am very happy with my decision.
Rated by: Rohit Mehta