Honda SP 125 Insurance
Honda SP 125 Insurance
Want to protect your two-wheeler with a bike insurance policy? Tata AIG’s got your back with a comprehensive bike insurance plan!
Honda, established by Soichiro Honda, is regarded as one of the world's premier motorcycle manufacturers. By revenue, it controls half of the Indian two-wheeler market. Honda motorcycles are noted for withstanding India's harsh topographical conditions without sacrificing performance. One of these bikes is the Honda SP 125.
The Honda SP 125 is one of Honda's best-selling motorcycles, and with good reason. It is a low-cost bike that appeals to the masses. With Honda's release of the BS-VI compliant SP 125, the bike has become more robust that delivers optimal torque and power, as well as good mileage at an affordable price.
If you're searching for a results-driven bike in India, the Honda SP 125 must be at the top of your priority list. The bike has actually transformed the nation's daily commuting. And for daily commuters who are always looking for a bike with a lot of engine power and torque output, the Honda SP 125 is the perfect option.
But here comes the central part. The Honda SP 125 will give you excellent on-road performance; thus, you must be responsible and obtain a comprehensive bike insurance policy to protect it on the streets. According to Indian Law, you must obtain insurance for a 2-wheeler to financially protect yourself from any disaster that might occur on Indian roads. The 1988 Motor Vehicles Act requires automobile owners to get motor insurance coverage before driving their vehicles on public highways.
Tata AIG can provide you with a suitable Honda SP 125 insurance policy to protect your bike when you use it on public roads. Such insurance will provide improved road safety for your bike while also protecting your wallet from hefty traffic penalties.
If you already possess this bike, you need third-party Honda bike insurance. As stated above, third-party party coverage is required by the 1988 Motor Vehicles Act. However, you should consider buying comprehensive two-wheeler Insurance for additional benefits.
As said, Tata AIG lets you customise this comprehensive coverage with paid useful add-ons. Also, with the options of our online premium calculator, you can compare two-wheeler insurance rates and then purchase Honda bike insurance online that best suits your needs effectively.
Honda SP 125: Policy Renewal or Purchase with TATA AIG
You'll save loads of effort and time when you renew or purchase Honda SP 125 bike insurance online with Tata AIG. Our comprehensive bike insurance policy for your Honda SP 125 isn't online reasonable, but the entire online purchasing or renewal procedure is exceptionally simple and quick. Our straightforward online approach will allow you to obtain new online motorcycle insurance for your Honda SP 125, or you may renew your Honda bike insurance by following the steps outlined below:
- Go to the official website of Tata AIG and visit the bike insurance page.
- Then navigate to the bike insurance section.
- To acquire a new Honda SP 125 insurance coverage, enter your motorcycle's registration number and tap on the "Get Price" button. If you want to renew your already existing Honda SP 125 insurance, tap on the "Renew" button.
- Duly fill out the online application with your information to get a fast quote for Honda SP 125 insurance.
- Choose an appropriate IDV (Insured Declared Value) from the chart for your Honda SP 125 insurance price.
- If you've previously submitted a two-wheeler insurance claim, you may complete the claim information appropriately. If you do not make a claim, you'll be eligible for NCB (No Claim Bonus) discount on your bike insurance premiums from Tata AIG.
- The Honda bike insurance price will subsequently be displayed on the screen.
- After making a payment using one of the digital payment options, you may finish buying your Honda SP 125 insurance coverage online.
- Following that, we will transmit a Honda SP 125 insurance policy soft copy to your registered email address.
Honda SP 125 Insurance Cost - Your Premium Amount
You may compare two-wheeler insurance costs with our online bike insurance premium calculator. Then you can compare two-wheeler insurance rates and purchase the bike insurance online that best suits your Honda SP 125 bike needs effectively.
The price of your Honda SP 125 is determined by numerous criteria, including the brand, engine cubic capacity, city of registration, make and model of your bike, etc.
The premium pricing of your Honda SP 125 is also determined by the Insured Declared Value you choose. It will also guarantee that you have the best Honda SP 125 insurance coverage. Your Honda SP 125's IDV is its current market worth. You may either review the Insured Declared Value on our official website or contact your nearest Honda dealer to find out. As a result, the bike insurance amount for your Honda SP 125 is decided by the IDV you pick.
The online bike insurance calculator from Tata AIG will assist you in determining the premium rate for your Honda SP 125. The robust online tool is also handy when it comes to comparing bike insurance plans and selecting the best one that suits all your needs.
Honda SP 125 Insurance: Things Included and Not Included Under Tata AIG Bike Insurance
The following are the damages that are included and non-included by Tata AIG bike insurance policies:
| Things Included under Tata AIG Honda SP 125 Insurance | Things Not Included under Tata AIG Honda SP 125 Insurance |
|---|---|
| Accidental damages to your Honda SP 125 or damage caused by man-made actions such as rioting, vandalism, terrorism, and so forth. | Damage to the Honda SP 125 if used outside of the geographical area specified in the insurance plan (outside of India). |
| Natural calamities like frost, earthquakes, landslides, floods, etc., might cause damage to your bike. | The Honda SP 125 has been damaged due to normal wear and tear. |
| Personal Accident Coverage or ₹15 lakhs for the bike owner-rider for injuries and even death. In the event of the owner-driver's death, the nominee receives the sum promised. | 50% reimbursement of the amount replacing Honda SP 125 consumables due to wear and tear from everyday usage. |
| Damages caused to your bike by explosions, lightning, implosions, self-ignition, etc. | If the Honda SP 125 is damaged because the rider consumed intoxicating substances, did not wear a helmet, or lacked a valid driving license. |
| Total loss of the Honda SP 125 if the bike is irreparably destroyed or due to theft. | Damage to the Honda SP 125 due to the nation's nuclear threat, insurrection, conflict, war-like circumstances, mutiny, and so on. |
| Financial and legal consequences resulting from harm to a third-party or property caused by the insured Honda SP 125. | Losses if your Honda SP 125 is damaged while being utilised for business purposes or adventure sports. |
Importance of Having a Honda SP 125 Insurance Plan from Tata AIG
The importance of having a robust Honda SP 125 insurance coverage under Tata AIG is as follows:
You can compare bike insurance policies on our official Tata AIG website using an online two-wheeler insurance calculator. Then you may select a two-wheeler insurance coverage that meets your requirements. Whether you're looking for a third-party plan, a comprehensive Honda SP 125 insurance coverage, or standalone self-damage protection, we have it all.
With over 20 years of expertise in the insurance industry in India, we have earned the trust of our 5 billion satisfied clients across the nation. We, as a brand, are sufficient to instil trust and reliability in policyholders.
You can easily renew or purchase your Honda SP 125 insurance from the convenience of your own home or workplace with us.
We offer a hassle-free and straightforward 3-step online bike insurance claiming system with the help of over 650 claim specialists across the nation. It enables effective and timely claim resolution. We are also pleased to report that our claim settlement ratio for the fiscal year 2020-2021 was 98 per cent.
Thanks to our extensive nexus of cashless garages across the nation, you may have your damaged Honda SP 125 fixed without stressing over repairing expenses on the spot.
Honda SP 125: A Brief Overview of the Bike
The Honda SP 125 is one of Honda's best-selling motorcycles, and with good reason. It is a low-cost bike that appeals to the masses. With Honda's release of the BS-VI compliant SP 125, the bike has become more robust that delivers optimal torque and power, as well as good mileage at an affordable price.
If you're searching for a results-driven motorcycle in India, the Honda SP 125 must be at the top of your priority list. The bike has actually transformed the nation's daily commuting. And for daily commuters who are always looking for a bike with a lot of engine power and torque output, the Honda SP 125 is the perfect option.
Honda SP 125 Price and Variants
| Variant | Ex-Showroom Price* in Delhi |
|---|---|
| Honda SP 125 Drum Brake | ₹ 81, 407 |
| Honda SP 125 Disc | ₹ 85, 407 |
Honda SP 125 Features: Unique Selling Points
Top-notch engine: The engine of the Honda SP 125 is exclusively designed with ESP (Enhanced Smart Power) that optimises fuel efficiency, providing 16% higher mileage. Furthermore, PGM-FI, in conjunction with eight sensors, provides effective combustion, resulting in increased power output and optimal mileage of a whopping 65km/litre.
Stunning looks: The Honda SP 125 includes a digital meter that provides precise live data. The bike tank's unique shape and artwork add to its allure. Furthermore, the 5-spoke alloy wheels (split) and chrome muffler cover give the vehicle a premium appearance. Sharp DC LED headlights give it an appealing appearance and provide continuous illumination regardless of driving circumstances.
Additional Features: The Honda SP 125 includes a seal chain that requires less maintenance yet has a long-lasting lifespan. The bike's combi-brake system shortens the stopping distance. The adjustable 5-step rear suspension also provides a comfortable bike riding experience.
Aside from these protections, your Honda SP 125 is still subject to unintentional harm. As a result, it's best to purchase Honda SP 125 insurance from a reputable insurer such as Tata AIG.
Top 3 Contenders of the Honda SP 125
The top 3 contenders of the Honda SP 125 are:
- Hero Splendor Plus
- TVS Star City Plus
- TVS Sport
Disclaimer / TnC
Your policy is subjected to terms and conditions & inclusions and exclusions mentioned in your policy wording. Please go through the documents carefully.
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