Tata AIG – Make and Model - Honda Accord Car Insurance

If you have already bought your Honda insurance policy from Tata AIG, you know the process of making a Honda car insurance renewal with us. We have two insurance buying processes - online and offline. Here is the reasons why you should choose the online process -

Features of Online Car Insurance Purchase and Renewal Process

It is 100% digital

It is time-saving and hassle-free

Zero paperwork

Almost instant issuance of insurance policy

If you are buying a car insurance policy with us for the first time, the process takes only a few minutes.

Step 1: Go to our 'Car Insurance' page on our official website.

Step 2: Fill in your car’s registration number and other details.

Step 3: If you are buying the policy for the first time, click on the 'Get Price' button. This will display the estimated Honda Accord insurance price. If you want to renew your insurance with Tata AIG, click on the 'Renew' button.

Step 4: Select the appropriate IDV (Insured Declared Value) for your Honda Accord insurance price.

Step 5: Fill in the details if you wish to raise a claim. Mention any applicable claim history. If you haven't raised any claim earlier, you can select the option 'No Claim Bonus.'

Step 6: Add add-ons based on your needs. Tata AIG Motor Insurance offers 12 add-ons to enhance your coverage. You need to pay additionally for any add-ons, so choose the add-ons wisely.

Step 7: Your Honda Accord insurance coverage amount and premium quote will be displayed on your screen.

Step 8: Select the plan and proceed with online payment from the digital payment options provided.

Once you successfully make the payment, you will receive a soft copy of your policy documents and other details on your registered email ID or WhatsApp number. In case of any support or help, you can contact our 24/7 support team on our toll-free number 1800-266-7780.

Your Honda accord insurance price for a Honda car insurance renewal or a new car insurance policy will depend on various factors including,

• The Insured Declared Value (IDV) of your Honda Accord. The IDV is the current market value of your car, payable under the Honda insurance policy during claim settlement. For instance, the Honda Accord is for ₹40 lakhs. If you make an insurance claim in two years, and the IDV drops to ₹35 lakhs, you will receive the said amount.

• The age, make, and variant of your Honda Accord. The more expensive and newer your vehicle, the higher the premiums, and vice versa.

• The type of Honda insurance policy and scope of coverage chosen – comprehensive, own-damage, or third party. (A third-party and own-damage Honda car insurance policy will cost less than a comprehensive one.)

• Your age, your driving record, and the location of the car’s purchase/ usage.

• Any Tata AIG NCB benefits (up to 50% in case of renewal) or premium discounts (up to 75%) for buying Honda car insurance online.

• Adding safety devices or expensive modifications to your Honda Accord. Safety devices can lower the car insurance policy cost and modifications can increase it.

To see the factors that influence your car insurance policy premiums and get an accurate estimate of the Honda Accord car insurance price, try using our free and easy-to-use car insurance calculator.

Tata AIG’s Honda insurance policy strives to cover the maximum possible eventualities that can incur financial losses to you and your car. However, no car insurance policy will cover an unlimited number of unforeseen scenarios and the financial consequences tied to them.

Before buying insurance for four-wheelers, it is crucial to know the exact scope of coverage offered to avoid any unpleasant surprises during claim settlement. Here is the table of coverage that shows what our car insurance policy covers and does not cover.

According to the World Health Organization, 1 in 10 people killed in road accidents happen in India. According to the Ministry of Road Transport and Highways, a total of 4,12,432 road accidents took place in India in 2021. In fact, India is one of the highest contributors to road accidents from four-wheelers and two-wheelers.

The purpose of these numbers is not to alarm you but to alert you into taking proactive action with car insurance. Insurance for four-wheelers cannot prevent accidents and other damage to your car, but it can surely mitigate the financial cost and lessen the emotional toll of unforeseen eventualities that threaten to harm your car, yourself, and fellow rider drivers on the road. And while the Indian government has made it mandatory to at least have third-party insurance for four-wheelers, it is wise to consider comprehensive Honda car insurance for your Honda Accord.

Anticipating the needs of four-wheeler owners in India and considering the road infrastructure, Tata AIG has come up with add-on riders that provide that added layer of security over and above the base coverage in third-party or comprehensive insurance for four-wheelers. Riders provide extra financial support during unforeseen eventualities involving your vehicle.

Instead of only getting third-party or comprehensive Honda car insurance, why not consider the 12 add-on riders offered by Tata AIG? The riders include:**

Zero Depreciation cover: It reimburses you for the depreciation of the Accord’s parts and gives you the original value of the car.

No-Claim Bonus Protection cover: It allows you to make a pre-specified number of car insurance policy claims for your Honda Accord in a year while retaining your previous unclaimed NCB benefits.

Roadside Assistance cover: It provides 24x7 mechanic services and car assistance if your Accord breaks down in a remote location. It also helps you get your vehicle back home or to the nearest destination.

Return to Invoice cover: It reimburses you for the depreciation of the Honda Accord and gives you its original purchase value instead of the insured declared value.

Repair of Glass, Fibre and Plastic Parts cover: It pays for the one-time repair of glass, fibre, and plastic parts of your Honda Accord in a garage if they get damaged during their repair.

Emergency Transport and Hotel Expense cover: It pays for hotel accommodation and travel expenses if your Accord meets with an accident. It also helps you get back home/ to the nearest destination.

Consumables Expense cover: It covers the cost of the Accord’s car parts/ consumables like the gearbox oil, engine oil, nut & bolt screws, and more, lost/ damaged due to an accident.

Loss of Personal Belongings cover: It covers the cost of pre-specified lost/ damaged personal belongings in your Honda Accord like clothes, video/ audio tapes, and CDs.

Engine Secure cover: It pays for the cost of repairing/ replacing the Accord’s engine due to damage except in the case of general/ excessive wear and tear due to prolonged, age-related usage.

Daily Allowance cover: It gives you a daily allowance for commute/ travel while your Accord is in repair after an accident.

Key Replacement cover: It covers the expenses of lost car keys if your keys or car get stolen.

Tyre Secure cover: It covers the cost of total repair/ replacement of damaged tyres or tyre tubes in your Accord due to an accident.

At Tata AIG, we are committed to caring for your car throughout your journey of getting a car insurance policy with us. We don’t make empty guarantees – you will have our dedicated support not only during buying of the car insurance policy but also during claim settlement. We understand that a car is not an impulse purchase that you can forget about after.

Here are a few reasons to trust us:

The Tata Promise: Our long-standing brand name in the insurance industry comes from decades of dedicated work – we’ve rightfully earned the title of ‘Trusted Naam, Fantastic Kaam’.

High Claim Settlement Ratio: Our customer-first approach has contributed to our consistent claim settlement ratio over the years. Each year, our claim settlement ratio has never been below 95%. In FY 2020-2021, we settled 98% of our car insurance claims

Customer First Approach: We honour the needs and interests of more than 5 crore customers. We strive to serve our customers with pleasure.

**All our processes are 100% digital – So you can save time and have a hassle-free buying, renewal, and claim settlement.

**Wide Network of Garages - We have a network of over 5,400 cashless garages that span the country and provide immediate and high-quality services.

**Dedicated Team of Claim Experts - Our 650+ specialized claim experts are available to cater to your needs and queries around the clock.

The Honda Accord launched its most recent and last version – the 10th Gen Accord in 2018, after which it discontinued its production in 2022. The Honda Accord is a 5-seater luxury sedan priced in the premium price segment. The Accord has a powerful 1993cc engine that generates a max power of 212bhp and max torque of 315nm. It gives a mileage of 18-23 kmpl on average and has an automatic transmission.

Accord has a 7.7-inch multi-information infotainment display and a touchscreen audio system. Its interiors sport premium leather upholstery. For a 5-seater, the cabin space in the Accord is impressive, with ample legroom and wiggle room. The Accord’s exterior appearance is minimalistic yet luxurious, with features like LED headlights/ taillights, 18-inch sleek alloy wheels, and a sharp grille, among other features that enhance its overall appeal.

The Honda Accord is only available in two variants – the Honda Accord New and the Accord Hybrid. Both variants run on petrol and have the automatic transmission option. The car is available in the following monochromatic and minimalistic colours in India –

• White Orchid Pearl

• Modern Steel Metallic

• Alabaster Silver

• Urban Titanium Metallic

• Crystal Black Pearl

• Tafeta White

• Lunar Silver Metallic

In foreign countries, the Accord is available in vivid colours like Radiant Red Metallic, San Marino Red, and Still Night Pearl (Ultramarine Blue).

The starting price of the Honda Accord is ₹38 lakhs and the ending price is ₹54 lakhs. The price will vary from city to city and dealership to dealership. Moreover, as Honda discontinued the production of the Accord, you can get it at second-hand dealerships for a much lower price than mentioned. The approximate city-wise price of the Accord variants includes:

Here are some standout features or core USPs of the Honda Accord that make it worth buying:

Blue accents on headlamps and taillamps

Unique and eco-friendly hybrid engine – the car is a combination of 143 horsepower, 2-litre IV-tech engine and two electric motors, making it a rarity in the market

An impressive mileage of 23kmpl – a rare feature in sedans of the 5-seater kind

Three drive modes - EV Drive, Hybrid Drive and Engine Drive

State-of-the-art safety features like ABS with brake assist, traction control, stability control, motion-adaptive EPS, multi angle cameras, front and rear parking sensors, active cornering lamps, and front and side curtain airbags

Honda sensing suite for safety assistance and navigation

Spectacular and useful car accessories like all-season floor mats, decklid spoiler, sport grille, pattern projector, trunk drawer, illuminated door sill, and more

Even though the production of the Honda Accord versions has been discontinued, and the new variant is slated for release in 2023, the car is still available at some showrooms and second-hand vehicle dealers. The Honda Accord has hallmark features that make it one of a kind, but it naturally has several competitors in the market. They include:

Skoda Kodiaq

MG Gloster

Kia K5

Toyota Camry

Citreon C5 Aircross

Hyundai Ioniq 5

Volvo S60

Mazda6

Hyundai Sonata

Volkswagen Passat

Chevrolet Malibu

Audi A4

BMW 2 Series Gran Coupe

Nissan Altima

Subaru Legacy