Being the world’s largest and India’s 2nd largest motorcycle manufacturer is not easy. Honda has achieved this milestone after years of dedication towards providing value for money to their customers. Honda scooters are known for being some of the most durable and fuel efficient ones in the market.
When you buy a Honda Grazia, ensure that you buy a Honda Grazia two-wheeler insurance policy to financially cover yourself against the aftermath of an unfortunate accident. According to the Motor Vehicles Act, 1988, a vehicle owner should buy a motor insurance policy before they drive their vehicle on roads. IFFCO Tokio can help you by providing a Honda Grazia two-wheeler insurance cover for your bike so that you can drive with peace of mind.
There are 2 types of bike insurance covers: a basic third party bike insurance policy and a comprehensive Honda Grazia two-wheeler insurance policy. A policy buyer also gets a choice to opt for various add-ons to improve the insurance coverage. Get an insurance plan from IFFCO Tokio that fulfills your needs and fits in your budget.
You may have great driving skills but that does not insulate you from accidents. Hence, you should get a Honda Grazia two-wheeler insurance policy to financially cover yourself from the aftermath of an unfortunate accident. Nothing can beat the relief you get when you buy a sound bike insurance policy.
If you buy a third party Honda Grazia insurance policy, you will be covered financially and legally against your liability towards the third party affected in an unfortunate accident.
If you buy a comprehensive Honda Grazia bike insurance policy, you will get the coverage of a third party bike insurance policy. Apart from that, your bike will also be insured against natural and manmade calamities like floods, earthquake, tsunami, theft, burglary and riots.
You can get a Honda Grazia two-wheeler insurance policy from IFFCO Tokio in few easy steps. You can either walk to an IFFCO Tokio office to get help from our employees to buy an insurance policy or visit our website to do the same online.
You can buy a Honda Grazia insurance policy from IFFCO Tokio using any of the 2 methods:
Buy a Honda Grazia insurance policy from an IFFCO Tokio office. Get help from our employees if such a need arises.
Visit our website to buy the Bajaj V12 insurance policy in 3 easy steps:
Visit our website and login using your name and mobile number. Then, provide your bike registration number and model number to proceed. Upon doing this, you will see various Honda Grazia insurance plans.
Select a Honda Grazia bike insurance policy that suits your requirements and fits your budget. You can even customize your bike insurance policy with various add-on covers.
Finally, proceed to the checkout page and pay money conveniently and safely through an online payment method. Subsequently, your Honda Grazia bike insurance policy papers will be emailed to you instantly.
You are recommended to buy Honda Grazia two-wheeler insurance policy online for the following reasons:
You do not need to keep any paper trail of your Honda Grazia Two-wheeler insurance policy papers. The policy papers will be emailed to you instantly.
You can buy the Honda Grazia insurance policy at any time that is convenient for you.
This would depend on whether you go for a third-party Honda Grazia 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 Grazia 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 Grazia two-wheeler insurance policy covers:
Here are some recommended add-ons that can widen the coverage of your Honda Grazia 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 Grazia 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 Grazia 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 Grazia 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 Grazia 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 Grazia two-wheeler insurance policy.
Premium is the cost of your Honda Grazia 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 Grazia two-wheeler insurance plans, where it is usually paid once every 3
The financial protection provided by your Honda Grazia 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 Grazia 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 Grazia 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 Grazia insurance plan.
It’s simple! Just use our bike insurance premium calculator. This online tool allows you to check the premium of your Honda Grazia two-wheeler insurance policy using some very basic information. To calculate the premium of your Honda Grazia insurance plan, 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 through your Honda Grazia two-wheeler insurance policy, 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 best two wheeler insurance plan is provided by IFFCO Tokio.
Rated by: Ritu Aditya
I have taken my two wheeler insurance from IFFCO Tokio
Rated by: Pradeep Agarwal
I wanted to take two wheeler insurance for my new bike and I went through the hassle free process with IFFCO Tokio.
Rated by: Pooja aabnave
Its been 3 years I have got the two wheeler insurance policy from IFFCO Tokio and it is extremely good.
Rated by: Rakesh AGARWAL
I had a word with IFFCO Tokio executive and they explained me everything about the two wheeler insurance plan
Rated by: Sagar AGARWAL