If you have bought a Honda Shine, you will have to learn all about purchasing a two-wheeler insurance policy for it. We have summed up everything you will need to know about a Honda Shine two-wheeler insurance policy to ensure that you are financially protected against all damages to your bike!

Honda Shine is one of the most popular two-wheeler vehicles manufactured by the Honda Motor Company in India. The hardy vehicle is perfect for people who use their bike for daily conveyance. Collaboratively designed by Bangladesh Honda Private Limited and Honda Motorcycle and Scooter India, the Honda Shine arrived in the Indian markets in 2006.

Now, if you are thinking of buying a Honda Shine, you will also have to learn about one of the more important aspects surrounding it – purchasing a two-wheeler insurance policy.

A Honda Shine two-wheeler insurance policy is a prerequisite when it comes to seeking protection against the financial liabilities that can arise if your bike gets into an accident, is stolen or sustains any other damage.

Further, availing at least a third-party liability insurance policy is mandatory under the Motor Vehicles Act 1988. If you do not possess a valid insurance policy while riding your Honda Shine, you can attract a traffic fine of Rs. 2000 (Rs. 4000 for repeated offence).

There are several qualities that make Honda Shine one of the most coveted two-wheelers in India. For instance,

• In 2016, the bike received a J.D. Power Award for the Most Appealing Executive Motorcycle of the Year. (1)
• The next year, Honda Shine became the first 125cc motorcycle in India to cross one lakh unit sales in a month. (2)
• The new Honda CB Shine SP became the first motorcycle from the company in India to sport the BS-VI engine update, reducing emission rates considerably.
• The Honda CB Shine and CB Shine SP were launched with Combined Braking System (CBS) with compliance to the regulations put forth by the Government of India in 2019. As per this regulation, every two-wheeler with engine displacement below 125cc needs to have a CBS mandatorily.
• A limited-edition of the Honda CB Shine was launched with new graphics on its side fuel tank and was available with colour coded grab rails.

With such features and more, the Honda Shine range makes for a dependable vehicle as far as daily commuting is concerned. Its affordability is another factor that makes it one of the best bikes available in the Indian market.

Honda has built the Shine range of motorcycles to endure regular wear and tear. Even then, accidents are common in India. Such a road mishap can severely damage your bike, increasing your financial liability in undertaking repairs. A Honda Shine bike insurance plan can minimise your liability from such events.

Coming back to the matter of insurance – you must consider availing the best policy and insurance provider to ensure sufficient financial protection in the event of road mishaps or other forms of damage to the vehicle.

Digit is one of the few Indian companies delivering consumer-centric insurance policies, minimising your liability in case of damage to your Honda Shine. 

Unlike many other providers, Digit’s products are specifically created to make two-wheeler insurance easy and hassle-free for the policyholder. The following features of the company’s policies make it a brilliant choice for your two-wheeler - 

• Paperless Claim Filing and High Claim Settlement Ratio - Digit focuses on providing policies online. These plans are easier to track, maintain and renew. Moreover, while filing claims from them, you do not need to worry about arranging all the paperwork for your policy. With Digit’s smartphone-enabled self-inspection, the process of claiming against a two-wheeler insurance policy can become streamlined. Further, Digit’s high claim settlement ratio is suddenly an advantage when it comes to minimising the chances of your claim getting rejected. 
• Online Policy Purchase and Renewal - As stated above, you do not need to meet up with agents or brokers to buy an insurance policy from Digit. You can browse the company website, look for the perfect plan, read all the terms and conditions and then decide whether you want to purchase it or not. The renewal process is similar but faster. The entire process can be completed online without the need for elaborate paperwork.
• Attractive No-claim Bonus Benefits - If you are a safe driver, you will significantly reduce the chances of filing claims during every term of the Honda Shine insurance plan. A claim-free term makes you eligible for receiving attractive no-claim bonus (NCB) benefits on the premium for the subsequent years. The no-claim bonus benefits can range from 20% to, as much as 50%, making the two-wheeler insurance policy much more affordable for you.
• Efficient 24x7 Customer Support - Suppose you had to work late and while returning home meet with a bike accident. The first logical step in such a case would be to inform your insurer about the accident so that you can receive financial assistance to pay for the damages. Digit’s customer service team is always ready to receive such calls from policyholders. Whether it is night or day, support is just one call away, even on national holidays! Apart from guiding you through the claim filing process, the customer care team can also resolve any queries or doubts that you may have regarding your policy. 
• Customise Your IDV - If your bike is totalled or stolen, you are liable to receive compensation from your insurance provider. This is known as the insured declared value. When you avail a Honda Shine bike insurance policy, your insurer will calculate this IDV value by considering the manufacturer’s listed price of the bike minus its depreciation. Therefore, as your bike gets older, the IDV reduces. Digit provides you with the benefit of customising the Honda Shine’s IDV. If you reside in an area prone to thefts, you should avail policies with increased IDV to ensure complete financial protection. 
• Wide Range of Policies to Choose from - Digit gives you the freedom to choose your policy from a range of options. Each of the options listed below offers varying degrees of financial protection to the policyholder. Therefore, consider carefully before buying - 
• a) Third-party Liability Two-Wheeler Insurance Policy – As the name suggests, this is a policy that only helps fulfil your financial obligation to the third-party individual, vehicle or property harmed or damaged in an accident involving your bike. However, you receive no aid to repair your own vehicle.
• b) Comprehensive Two-Wheeler Insurance Policy – These are all-round insurance policies that provide financial assistance to both the third-party involved in the accident, as well as, to the policyholder. Moreover, if your bike sustains damage due to fire, natural calamities like earthquake, floods, or man-made calamities, such as riots, terrorist activity, etc. you can claim against this policy.

Those who purchased their bike post-September 2018 are also eligible for an Own Damage Cover from Digit. Here you can avail the features of the comprehensive plan sans the third-party liability. Consider all the available features before arriving at a decision regarding the policy to buy. 

Add-on Cover Choices - Every policyholder has some individual needs and requirements. The base policies available from Digit may not successfully fulfil all of these criteria. This is why Digit offers several Riders or add-ons that policyholders can buy for their plan. Some of these add-ons include:

• Consumable cover
• Return to Invoice cover
• Zero Depreciation cover
• Engine and gear protection cover
• Breakdown assistance cover

• A Large Number of Network Garages - The prime reason for purchasing an insurance policy is to limit out-of-pocket expenses. With this in mind, Digit offers the services of more than 1,000 network garages across the country, where you can seek repairs completely cash-free. Visit one of these outlets to directly claim your insurance policy and minimise any expense from your own pockets.

With such benefits, Digit’s two-wheeler insurance policies provided well-rounded coverage for your Honda Shine bike. 

Along with its insurance policy coverage, Digit has also managed to impress clients around India with their offering of bike model specific plans.

Two-Wheeler Insurance Plans for Popular Honda Shine Models

Honda’s Shine range includes three primary models, namely, Honda CB Shine, Honda Shine and Honda Shine SP. Digit provides individual insurance policies for each of these models.

• Honda Shine - The Honda Shine is the base model from the range with the impressive build quality and stylish looks. The 125cc capacity engine is capable of delivering trustworthy and powerful performance.
• Honda CB Shine - The only Shine product that comes with the updated BS-VI engine, the Honda CB Shine features mostly the same specifications as its sibling. Honda claims that the bike can deliver on-road mileage of 65 kmpl. Therefore, buying this vehicle ensures a fuel-efficient, hardy and dependable performance.

You can insure these variants of the Honda Shine model with a two-wheeler insurance policy from Digit.