Honda Livo Insurance

Honda Motorcycle and Scooter India launched Honda Livo in 2015. It received a significant facelift in 2017 and 2018 with additional features such as a digital speedometer, trip meter, and 5-spoke alloy wheels. 

This fuel-efficient two-wheeler, along with an optimum suspension system, continues to attract a significant demand of potential buyers. 

However, if you own this model, make sure to opt for Honda Livo Insurance. According to Motor Vehicles Act 1988, third-party bike insurance is mandatory for every vehicle owner. Besides it, consider comprehensive bike insurance to enjoy extensive benefits. 

Several reliable insurers in India provide affordable bike insurance. One such financial institution is Digit. To know what Digit has to offer to its insurance policyholders, continue reading.

Digit is one of the leading insurance providers in India. Take a look at the benefits you can enjoy if you choose Digit as a bike insurer:

1. Offers Wide Range of Products - Select from the following insurance policies offered by Digit:

• Third-Party Insurance Policy - This insurance policy covers the financial losses arising from damages caused to a third-party vehicle, person or property. 

Note: If you already own third-party two-wheeler insurance for Honda Livo, opt for standalone own damage cover for additional protection.

• Comprehensive Two-Wheeler Insurance - The comprehensive policy comes with a host of benefits. Take a look – 

1. This insurance policy covers both the third-party risks and damages caused to your vehicle.

2. You can claim this insurance in case natural or man-made calamities damages your vehicle.

3. This policy also covers accidental damages or monetary losses arising from car theft.

1. Paperless Insurance Claim Facility - Skip the long documentation process and opt for Honda Livo insurance online with Digit. Additionally, opt for smartphone-enabled self-inspection. This allows you to send relevant images of the damaged vehicle. Accordingly, Digit will settle your claim within the least possible time. Further, if you are an existing two-wheeler insurance policyholder, opt for Honda Livo insurance renewal online with a few simple steps. 

1. Quick Settlement of Claims - Digit approximately takes 11 days to settle the insurance claim for two-wheelers. This ensures that you do not need to wait for months to receive reimbursements.

1. 24x7 Customer Support - Contact Digit even on National holidays as its reliable team is available for 24x7 to solve your queries related to insurance.

1. Offers 5 Practical Add-Ons - Enjoy additional protection on your two-wheeler insurance policy by selecting the following paid add-ons:

   • Zero depreciation cover
   • Breakdown assistance
   • Gear and engine protection cover
   • Return to invoice cover
   • Consumable cover

1. IDV Customisation - You can increase or decrease your vehicle's Insured Declared Value. However, experts recommend opting for a higher IDV. This allows you to claim a significant amount to compensate for the financial loss during accidental damages. 

1. 2900+ Digit Network Bike Garages - You can avail cashless repair at any of Digit's network garages. Search for your nearest Digit garage by selecting a location or pin code. 

Besides, reduce your premiums payable towards your Honda Livo insurance by opting for voluntary deductibles. However, lower premiums should not be your only concern for selecting two-wheeler insurance.

Here are the following reasons to opt for Honda Honda Livo insurance:

1. Avoid Paying Hefty Fines - As mentioned earlier, third-party bike insurance is a legal mandate. Without it, pay a hefty fine of ₹2000 at first. At the same time, pay ₹4000 for repeating such a legal offence. Therefore, opt for Honda Livo insurance policy renewal in case your insurance policy expires.

1. Financial Security from Third-Party Liabilities - If your two-wheeler causes damage to a third-party vehicle, person or property, you don't need to bear the losses. This insurance policy provides coverage to such third-party risks, minimising the financial loss.

1. Provides Own Damage Financial Protection - The comprehensive policy offers monetary assistance for damages caused to your vehicle besides covering third-party liabilities. You also claim this insurance if natural calamities such as floods, earthquakes damage your vehicle. Further, it allows affording a new bike in case of theft. 

1. Personal Accident Cover - IRDAI mandates personal accident cover for every bike insurance policyholder. Under this, you claim a lump sum amount in case of accidental death or disablement of the insured vehicle owner. 

1. Enjoy No-Claim Bonus - With each non-claim year, enjoy a significant discount on your premiums of bike insurance. However, note that such a discount is not calculated on the entire premiums. Instead, it applies to only the own damage part of your insurance policy. The discounts range between 20 to 50% depending upon the claim-free years.

Honda Livo is available in 4 different colours - Matte Axis Gray Metallic, Athletic Blue Metallic Black and Imperial Red Metallic. It boasts some of the impressive features:

• Engine and Its Specifications - The cutting–edge Enhanced Smart Power or eSP technology reduces friction and increases fuel efficiency. The ACG starter coupled with this technology offers a quiet and optimum driving experience. It features an engine displacement of 109.51 cc. It delivers a maximum power output of 9.30 Nm at 5500 RPM. It generates a maximum torque of 6.47 kW at 7500 RPM. It offers an optimum mileage of 60 kmpl.

• Dynamic Looks - The DC headlamp offers consistent light irrespective of driving condition. It features a robust fuel tank with unique graphics that grab attention. 

Further, the digital analogue meter offers accurate driving information. Dynamic tail-lamp and grab rail provide a robust look. 

• Additional Highlights - The 5-step adjustable suspension at the rear allows you to drive on every terrain easily. Its Combi Brake System is designed with CBS Equaliser Technology offering a shorter braking distance. It also balances your vehicle effectively to maintain your on-road safety. Moreover, its service due indicator reminds you to opt for services to keep the bike in its best condition. 

Thus, Honda Livo is ideal for buyers looking for a two-wheeler priced at ₹ 87,730 approx. However, the price varies with each location. Hence, make sure to contact your car dealer before finalising your purchase. Also, opt for Honda Livo insurance from a reliable insurer like Digit for a cost-effective bike insurance policy.