Know all about Honda Dream Two Wheeler insurance / Bike Insurance on Coverfox
When the Hero-Honda group split in the year 2010, both resulting companies decided to foray on their individual paths into the Indian 2-Wheeler market space.
While Honda initially focused on the 150cc segment, which was rapidly gaining popularity, Hero banked upon its highly popular commuter motorcycles. But soon Honda realized the importance of an entry-level bike for the day to day use of a common Indian commuter, in order to increase its market share in the two-wheeler industry. The Dream series is the result of Honda's decision to venture into the commuter motorcycle segment.
Disclaimer: The above mentioned prices are for a 2 year old Hero Honda Karizma R 223 CC, registered in Navi Mumbai & previous policy has expired.
Check out the best available premium rates for Honda Dream Models.
| Honda Dream Models(2019 Registration) | Honda Dream Model Variant | Insured Declared Value | Zero Depreciation | Net Premium | More Plans |
|---|---|---|---|---|---|
Disclaimer: The above Honda Dream insurance premium rates may change as per the Honda Dream model, variant, fuel type, place of registration, year of registration, policy type, IDV and Add-on covers chosen.
You can buy or renew insurance for your Honda Dream through the website of Coverfox.com. Compare the different policies available and then shortlist your options on the basis of which plan fits your needs the best. Submit the basic details of your vehicle, like make, model, registration number, manufacturer, and then select the premium amount. Next, submit your KYC details, such as your personal details and communication address. Post submission, you will be directed to the payment page, where you can pay your premiums and purchase the policy. You can also request a call back by submitting your telephone number on the Coverfox.com website and schedule an appointment with an agent.
Third-party Liability Insurance:
The features of Dream Yuga are as follows:
Honda Dream Yuga boasts of attractive graphics, stylish meter design and chrome muffler cover. Its best-in-class mileage, decent style and other amazing features, combined with affordable pricing, make it a dream bike for many.
Yes it is mandatory- Fix up an appointment for the inspection of your Honda bike. Do note; this can invite a nominal fee. If the insurance company chooses to offer you the coverage, you can make the payment and get the policy in hand. However, if you are lucky enough, inspection may not be mandatory.
As a new owner it’s your obligation to get the existing two-wheeler insurance transferred in your name within the specified period from the date of transfer of RC. If you fail to do so and if you require raising a claim, the same will not be honored. For a favorable claim, the title on the RC of the two-wheeler and the insurance documents has to match. Also, please understand that the current owner can carry forward his existing No Claim Bonus (NCB) with him. He can use it to seek the premium discount if he purchases a new bike in future. Likewise, as a new owner, you will have to earn this bonus with each claim-free year. You can win a maximum of 50% discount on your own-damage premium with NCB.
TYes-an online policy is very much valid. You can also renew your Honda bike insurance policy with a debit/credit biked or even through net banking. Although, for expired policies you will have to contact us for an offline renewal process.
You should opt for a long-term or multi-year two-wheeler insurance plan for your Honda bike to enjoy pure convenience and be completely stress-free. You can save on premiums, eliminates the hassles of yearly renewals, skip the paperwork and avoid the gap in coverage since you are insured for an extended period.
Yes, you will receive reminders via SMS and email on renewals if you have bought the policy from Coverfox.com.
The third party bike insurance only covers your legal liability for any loss and damages to third party because of your bike. It will not cover you or your bike for any damages suffered. Whereas, a comprehensive bike insurance will cover your bike from instances of theft, fire and vandalism. It also protects from natural disasters such as cyclone, floods, earthquakes, or from civil disturbances such as riots, which damages your bike. A list of what perils are covered will be provided in the policy document. Make sure you go through the list to understand the protection being offered. Along with this, it also covers any legal liability arising due to the damages caused to any third party triggered by your bike.
