Honda Elevate Insurance

Tata AIG is dedicated to providing trustworthy risk solutions to all its customers. With 5 crore+ customer service, it is one of the best insurance companies in the market. The process of renewing Honda Elevate car insurance is very straightforward.

Let us break down the process to buy or renew Honda Elevate insurance in just a matter of time with Tata AIG.

• Visit the official website of Tata AIG.

• In the "All products" section, head to "Car Insurance" Under the Motor Insurance category.

• Fill out the Registration Number for Honda Elevate.

• For Honda car insurance renewal, click on the "Renew" option. Head to the "Get Price" option to get a new policy.

• Submit all the necessary details for Honda Elevate car insurance as the portal asks.

• Enter the appropriate IDV or Insured Declared Value for your Honda Elevate.

• After completing all the required steps, Tata AIG will present the premium cost for Honda Elevate insurance.

• Do avail of the No Claim Bonus in case of renewal if you have enjoyed a claim-free year.

• You can pay extra for add-ons for comprehensive vehicle coverage based on your choices.

• The insurer will get a policy copy via the email address on file after payment.

The premium amount is the cost the insurer pays to the insurance company for the insured vehicle. Insurance firms consider several factors before determining the premium amount, which we will discuss below.

Using the Tata AIG car insurance calculator, one can easily calculate the premium amount and compare the benefits.

Calculating Third-Party Honda Elevate Insurance:

The third-party liability insurance premium is decided by the Insurance Regulatory and Development Authority of India (IRDAI) annually. It is calculated by considering the cubic or engine capacity of the vehicle. All insurance companies follow the standard rate chart for third-party insurance.

Calculating Comprehensive Honda Elevate Insurance:

• The insurance company determines the comprehensive car insurance policy premium. The factors that help decide premiums are:

• Insured Declared Value (IDV)

• Cubic capacity of the car

• Vehicle age

• Make and model of the vehicle

• Location of registration

• Add-ons selected

• Other variables, such as any car modifications, installation of safety devices, etc.

The formula for calculating comprehensive car premium is the addition of liability premium decided by IRDAI, own damage premium decided by the insurance company, plus the cost of add-ons taken by the policyholder.

IDV or Insured Declared Value of a vehicle is an estimated amount of a car decided by an insurance provider close to its current market value. As the vehicle’s value depreciates over time, the IDV of the vehicle also changes.

In case of an accident, the insurance company will consider IDV when settling the claim. To know the IDV of your vehicle, you can go to your nearest car dealership or look for an online IDV calculator.

Additional coverage or add-ons are essential to give advanced protection to vehicles. One can easily include this add-on to their standalone or comprehensive car insurance policy by paying an extra amount.

Here is the list of car insurance add-ons offered by the Tata AIG.

• Roadside assistance

• Daily allowance

• Key replacement

• Tyre secure

• Zero depreciation

• Return to invoice

• Consumables expenses

• Hotel expenses and emergency transit

• Engine secure

• Personal belongings loss

• Repair of glass fibre and plastic parts

• No claim bonus

Let's understand what and what not are covered under a Honda Elevate car insurance policy.

Tata AIG is not just any other insurance company; it is a company that builds on the foundation of trust. We value our customer's trust, and that's why we are dedicated to providing top-notch services to customers all across the globe. Here are some prominent reasons to buy Honda Elevate insurance from Tata AIG.

• Backed by a legacy of Tata, it is our 23rd year (2023) in delivering innovative risk solutions to customers all across the globe. We have got you covered from health insurance to SMEs to motor and travel insurance.

• At Tata AIG, we have a team of dedicated professionals who work around the clock to offer top-notch services to our customers. We have delivered our services to around 5 crore customers to date.

• To offer a hassle-free insurance experience to our customers, we have a tie-up with 5400+ network garages.

• With our unbelievable claim settlement ratio of 98%, we stand firm in the insurance market to offer a seamless claim process to our customers.

Honda Elevate is a blend of masculine and confident exteriors with protective and progressive interiors. With a length of around 4.3 m, Elevate comes under C- Segment SUV. Honda Elevate will satisfy customers with its advanced active safety features. Honda Elevate has been designed following the original ACETM Body Structure of the company to meet global safety standards.

With its enormous boot space of around 458 L and 60:40 foldable and split rear seat, passengers feel relaxed. Honda Elevate comes up with i-VTEC DOHC, a high-performance VTC engine offering lower emissions. Not just this, the vehicle has a host of advanced features such as Hill Start Assist (HSA), Anti-Lock Braking System (ABS), Vehicle Stability Assist (VSA), and more.

With 7 single-tone colours and 3 dual-tone colours, Honda Elevate offers vivid style choices to its customers. The Alexa Remote Capability and Smartwatch Connectivity offer the convenience of checking your car status as you go. No doubt, the Honda Elevate is the modern-day crossover SUV that can add value to all kinds of road trips.

Honda has revealed that its new Elevate will follow the line-up of Honda City variants. Elevate has yet to enter the market, but it has been assumed that the ex-showroom price will start from ₹12.20 lakh to ₹15.70 lakhs.

Honda has finally entered the SUV segment with its Elevate and plans to introduce 5 more SUVs by 2030. With plenty of SUV choices available for Indian buyers, Honda went a step ahead with their all-new Elevate.

Some of the features of Honda Elevate that stand out from the crowd are listed below:

• One of the foremost things that set Honda Elevate apart is its prominent front grille in black colour with a Honda logo. The enormous grille flashes the aggressive appeal of the vehicle. With integrated DRLs and a pronounced bonnet, the whole exterior of the vehicle becomes dominating.

• Coming to the next segment, Honda Elevate houses some of the niceties of the City. The vehicle has 17-inch dual-tone alloy wheels like Honda City. Further, it is going to be available in 4 variants like City in the coming years.

• Honda Elevate offers sufficient cabin space. A family of 5 can easily travel in a car. All the seats are perfectly cushioned and offer passengers the highest level of comfort. Not just this, in comparison to other SUVs, the knee, feet, and legroom offered by the car is also generous.

• With its Honda Sensing Technology, Elevate has a handful of assisted functions such as Forward collision warning, Lane keep assist, and much more. On open stretches, the assisting features work well.

Like any other vehicle, Honda Elevate has many competitors in the mid-size SUV segment. Some of its top competitors are:

• Hyundai Creta

• Maruti Suzuki Grand Vitara

• Kia Seltos

• Toyota Hyryder

• Skoda Kushaq

• MG Astor