Honda Dream Neo Insurance

To purchase a Honda two-wheeler insurance online, you can visit Tata AIG’s website or the nearest office to buy the policy offline. The online process of Honda Dream Neo insurance renewal is also similar. The online process includes the following steps:

• Visit the Bike insurance page on Tata AIG’s website.
• Enter your Dream Neo registration number.
• Click “Renew” for Honda insurance policy renewal or click “Get a Price” for a new policy issue.
• To get a quote for your Dream Neo bike insurance, fill out the form given.
• Select the suitable Insured Declared Value (IDV) from the list.
• Notify the insurance company about past claims to avail of a No Claim Bonus if there are none.
• The Honda bike insurance price or the premium amount will be displayed.
• You can select add-on covers from 12 unique riders to enhance your policy’s coverage.
• Pay by choosing any digital payment option, after which you will be sent a soft copy of your bike insurance through an email.

The price of your Honda Dream Neo insurance mainly depends on the bike’s Insured Declared Value which is the amount the insurance company pays if your bike gets stolen or totally damaged. The factors that help determine the IDV are the make and model of your bike, location, cubic capacity, ex-showroom price, type of use, etc. Depreciation over the years is also considered, which is explained with the help of the table below:

You can also calculate the IDV of your Honda Dream Neo with the help of the two-wheeler insurance premium calculator online or by visiting a nearby local dealer.

Considering the increase in natural mishaps, accidents and crimes, you must enhance your policy coverage by adding suitable riders. At some extra cost, you can pick from Tata AIG’s 12 unique riders, which are as follows:

• Key Replacement
• Engine Secure
• Tyre Secure
• No Claim Bonus Protection
• Roadside Assistance Cover
• Zero Depreciation Cover
• Emergency Transport & Hotel Expense Cover
• Consumables Expense Cover
• Return to Invoice cover
• Loss of Personal Belongings
• Repair of Glass, Fibre and Plastic Parts
• Daily Allowance cover

Remember while purchasing insurance for your 2-wheeler, opting for add-on covers will give you added benefits, but your Honda two-wheeler insurance price will significantly increase. Therefore, it is recommended to assess your requirements carefully before purchasing any add-on cover.

Tata AIG believes in transparency and allows its customers to make informed decisions. So, you must know about the several inclusions and exclusions under your bike insurance. Here is an easy overview of what is covered and what is not covered under Honda Dream Neo insurance.

With a range of insurance policies suited to your vehicle needs, Tata AIG ensures maximum protection of your vehicles. From third-party cover to standalone own damage and comprehensive insurance for 2-wheeler, you can also pick suitable add-on covers at an extra price. Some more reasons why you should choose Tata AIG for your bike’s protection include:

• With its extensive network of cashless garages, Tata AIG provides a seamless and cashless claim process and is proud to have a claim settlement ratio of 98% in the financial year 2020-21.
• Tata AIG is a performance-driven brand taking care of vehicles for more than 20 years.
• Known for its high customer satisfaction, the company is proud to offer its service to over 5 crore customers and looks forward to serving more.

Similar to Honda Dream Yuga in its design and aesthetics, Dream Neo has a tail section that is more conventional. Considered one of the most affordable and fuel-efficient bikes, Dream Neo is a popular mode of commutation among the Indian youth. Better than its competitor bikes, the Dream Neo has technical features like —

• 4 stroke single cylinder air cooled engine of 110cc
• Max power 8.42PS @ 7500 rpm
• Max torque 9.09Nm @ 5000 rpm
• BS-VI emission standard
• 4-speed gearbox
• Drum brakes at the front and rear
• Tubeless tyres
• 8-litre fuel tank
• 74kmpl mileage
• Manual Transmission
• Petrol fuel
• Front telescopic forks and rear hydraulic shock absorber
• Analogue speedometer and odometer

Here is the list of Honda Dream Neo bike models and their prices:

It is to be noted that Dream Neo is now a discontinued bike.

The Dream Neo 2015 is an upgraded version with built-in quality and state-of-the-art technology. Considering the price, the bike offers excellent mileage of 74kmpl, making it one of the most fuel-efficient bikes in the market. With the Honda Eco Technology (HET) that makes the bike fuel efficient, Honda Dream Neo is best suited for daily commuting. The base version has a kick start function and spoke wheels, while the premium variant is equipped with alloy wheels and a button start function. With a step-free power delivery mechanism, the bike can endure any type of terrain. The light clutch offers a smooth riding experience, while the rectangular swing arm section offers excellent suspension features to the rider.

Honda Dream Neo is an excellent bike with quality features and fuel efficiency. However, due to the fierce competition in the mid-range bike market, the bike faces tough competition from the following bikes:

• Yamaha Saluto
• Hero Splendor
• Honda Dream Yuga
• TVS Victor
• Honda Livo
• Hero Passion Xpro
• Bajaj Discover 110
• Mahindra Centuro
• Suzuki Hayate EP
• Honda CB Shine