457*By clicking on You, Agreed to our Privacy Policy & Terms of use *Disclaimer
- Honda Activa 3G third-party insurance starts around Rs 714 per year.
- Comprehensive insurance costs around Rs 3,892 to Rs 4,016 or more.
- The premium depends on the scooter's value, registration location, policy type, and No-Claim Bonus (NCB).
- Some add-ons are also available, like zero depreciation, roadside assistance, and engine protection that offer extra coverage at an additional cost.
Do you own a Honda Activa 3G or plan to buy one? If yes, then you should be aware of the other expenses that come with buying a Honda Activa 3G.
Honda Activa insurance is one of them. The cost of the insurance depends on the type of policy you choose, your scooter's value, and the extra covers you add.
A third-party policy for the Honda Activa 3G can be comparatively cheaper than comprehensive and standalone. Also, its coverage is limited as well.
In this blog we will discuss the Honda Activa 3G insurance price in India, factors affecting it, and approach to choose the right policy.
Cost of Insurance of Honda Activa 3G
| Insurance type | Indicative annual price |
|---|---|
| Third-party insurance | Rs 714 |
| Comprehensive insurance | Rs 3,892 - Rs 4,016+ |
| Standalone own-damage insurance | Rs 100+ |
Note: These prices are estimates from the supplied research, not guaranteed quotes. Your actual premium can differ by insurer, vehicle details, and policy terms.
1Third-Party Insurance
Third-party insurance is mandatory for riding your scooter on Indian roads. It covers your legal liability if your vehicle causes injury, death, or property damage to another person. However, it does not pay for damage to your own Activa 3G.
But the Motor Vehicles Act, 1988 has made it mandatory to get a Personal Accident cover with a minimum coverage of Rs 15 lakh for bike and scooter owner-riders. The cost for PA is charged separately.
2Comprehensive Insurance
Comprehensive insurance combines third-party liability cover with protection against covered damage to your scooter. Depending on the policy, it can cover damage caused by accidents, fire, theft, and certain natural disasters.
It costs more than third-party insurance, but it offers wider protection.
3Standalone Own-Damage Insurance
This policy covers eligible damage to your Activa 3G. You need a separate, valid third-party policy alongside it. The quoted premium generally starts from Rs 100 yearly. The actual premium amount depends on many factors, such as add-ons.
Factors That Affect Honda Activa Insurance Price
Two owners of the same scooter can receive different insurance quotes. This happens because of different preferences and other factors. Here are the main factors that affect Honda Activa insurance price:
1. Type of policy: Third-party insurance generally costs less because it does not cover damage to your own scooter. Comprehensive insurance includes wider protection, so its premium is usually higher.
2. Age and value of the scooter: An older Activa 3G generally has a lower market value than a newer one. This affects its Insured Declared Value and can influence the own-damage premium.
3. Insured Declared Value (IDV): IDV is the insured value assigned to your scooter for theft and total-loss claims. A higher IDV generally increases the own-damage premium, while a lower IDV can reduce it. Choose a realistic value rather than reducing it just to save money.
4. No-Claim Bonus (NCB): If you have an eligible claim-free record, you can receive a discount on the own-damage portion of your renewal premium. NCB does not reduce the third-party premium.
5. Registration location: Your scooter's registration location can affect the insurance quote because insurers consider location-related risk factors.
6. Insurer and policy terms: Premiums can vary between insurance companies. Deductibles, exclusions, coverage limits, and the benefits included in a policy also affect its price.
How Do Add-Ons Affect Activa 3G Insurance Price?
Add-ons provide extra protection beyond the standard policy. Thus, the premium also increases with each add-on purchase.
Some of the popular available add-ons are:
- Zero depreciation
- Roadside assistance
- Engine protection
How to Choose the Right Insurance for Honda Activa 3G
Here are the key suggestions to consider while choosing the right insurance for your Honda Activa 3G:
- Third-party insurance is legally required. So neglecting it can lead to a fine and imprisonment. For owner-rider protection, PA has also been mandated.
- To get complete protection for you and your bike, choose comprehensive insurance.
- Compare quotes from different insurers instead of choosing the cheapest policy immediately.
- Check the IDV , deductibles, exclusions, and claim conditions.
- Add zero depreciation or other benefits only when they make sense for your scooter.
Conclusion
The cost of Honda Activa 3G insurance depends on the cover you choose, your scooter's value, and any add-ons you select. Third-party insurance is the basic legal requirement, while comprehensive insurance offers wider protection for your scooter. Before buying or renewing your policy, compare prices and check what each plan covers. This helps you choose suitable insurance without paying for benefits you do not need.
FAQs
Third-party Honda Activa insurance starts at around Rs 714 per year. Comprehensive cover costs around Rs 3,892 to Rs 4,016 or more. However, the final price depends on the vehicle details and policy selected.
Third-party insurance meets the basic legal requirement, but it does not cover damage to your own scooter. So, if you are someone who just wants to get legally covered, then you can go for third-party coverage. Additional benefits such as zero depreciation cover and own vehicle coverage are not available.
So, before saying yes or no, understand your needs and preferences wisely.
Yes, the zero depreciation add-on can increase the price of insurance for the Honda Activa 3G. It adds to the premium but can reduce depreciation deductions on eligible parts during a claim.
To get insurance at a reasonable price, you should compare quotes, maintain an eligible claim-free record to earn NCB, and choose only the add-ons you need. Remember that a low premium can also lead to limited coverage. So, do not reduce the IDV below a reasonable value just to lower the premium.
Yes, insurance options depend on the scooter's age, condition, registration details, and the insurer's rules. The insurer might also require an inspection or additional information.
457*By clicking on You, Agreed to our Privacy Policy & Terms of use *Disclaimer
- 5.5 CrRegistered Consumers
- 50+Insurance Partners
- 3.4 CrPolicies Sold
