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Owning a Mahindra Bolero Pik-Up comes with the responsibility of securing it with the right insurance plan. Understand the essential aspects to ensure comprehensive coverage and financial protection.

How to Buy Car Insurance Online

  • Navigate to the ‘Car Insurance Premium Calculator’ section.

  • Enter your car’s registration number and your mobile number. You may also need to provide a few other relevant details. 

  • Browse the insurance plans available for your car and pick one that suits your needs.

  • Pay the insurance premium online.


That’s it! The policy document will be sent to your registered e-mail ID.

Mahindra Bolero Pik-Up Variants and Insurance Costs


CBC 1.7T

DLE 1.7T

FB 1.7T

DLE Plus 1.7T

FB Plus 1.7T

ExtraLong CBC 1.7T

ExtraLong FB 1.7T

Estimated Third-Party Insurance Premium (2023-2024)

Engine & Displacement

2.5L m2Di (2523cc)

2.5L m2Di (2523cc)

2.5L m2Di (2523cc)

2.5L m2Di (2523cc)

2.5L m2Di (2523cc)

2.5L m2Di (2523cc)

2.5L m2Di (2523cc)










Payload Capacity (kg)








Ex-Showroom Price in New Delhi ( in ₹ and Lakhs)

7.84 - 7.98

8.36 - 8.50

8.50 - 8.65

8.85 - 9.00

9.12 - 9.27

8.85 - 9.12

9.12 - 9.37

Disclaimer: Aforementioned figures are only indicative and are subject to change. 

Why You Need an Insurance Plan for Your Mahindra Bolero Pik-Up

Here are a few reasons why an insurance plan for your beloved car is an absolute must-have: 

  • Legal Requirement:

  1. It is mandatory by law to have at least Third-Party Liability insurance for your Mahindra Bolero Pik-Up.

  2. Driving without insurance can result in legal penalties, including fines and the possibility of vehicle impoundment.

  • Financial Protection:

  1. Shields you from financial losses arising from accidents, theft, or damages to your vehicle.

  2. Covers repair costs, replacement, or compensation for third-party damages, depending on the type of insurance.

  • Asset Protection:

  1. Your Mahindra Bolero Pik-Up is a valuable asset, and insurance safeguards this investment against unexpected events.

  • Personal Security:

  1. Provides peace of mind knowing that you have financial protection in case of accidents or damages, reducing stress during emergencies.

  • Coverage Against Natural Calamities:

  1. Comprehensive insurance plans protect against natural disasters such as floods, earthquakes, and storms, ensuring coverage in diverse situations.

  • Third-Party Liabilities:

  1. Covers legal liabilities for injuries or damages caused to third parties or their property during an accident involving your vehicle.

  • Loan Requirements:

  1. If your Mahindra Bolero Pik-Up is financed, lenders may mandate comprehensive insurance as a condition for the auto loan, ensuring their financial interest is protected.

  • Peace of Mind During Travel:

  1. Insurance provides a safety net during road trips or daily commutes, allowing you to focus on driving without constant worry about potential financial burdens.

  • Repair and Replacement Assistance:

  1. In the event of accidents or damages, insurance facilitates prompt repairs or replacement, minimising downtime for your vehicle.

  • Comprehensive Coverage Options:

  1. Choose from various insurance plans, including Comprehensive, Third-Party Liability, and additional add-ons to tailor coverage according to your specific needs.

  • Risk Mitigation:

  1. Mitigates financial risks associated with unforeseen circumstances, offering a financial buffer in challenging situations.

  • Resale Value Protection:

  1. Maintains the resale value of your Mahindra Bolero Pik-Up by keeping it in good condition through timely repairs covered by insurance.

  • Peace of Mind for Family:

  1. Assures your family members of financial protection in case of unfortunate incidents, contributing to their peace of mind.


Having an insurance plan for your Mahindra Bolero Pik-Up is not just legally mandated but can also be part of a robust financial security plan. This will help you stay financially secure, protect your asset, and provide you with peace of mind during your journeys.

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Types of Car Insurance Plans

Explore the variety of car insurance plans available for your Mahindra Bolero Pik-Up on Bajaj Markets. Understand the distinctions between third-party liability, comprehensive, and standalone own damage policies. Choose the plan that aligns with your needs and preferences. Here’s a quick explainer of the three types of plans to help you make an informed decision: 

  • Third-Party Liability Insurance:

    1. Coverage Focus: Provides coverage for damages caused to third parties—individuals or properties—due to your vehicle.

    2. Legal Requirement: Mandatory by law; it fulfils the minimum insurance obligation for vehicle owners.

    3. What's Covered:

      • Third-party injury or death.

      • Third-party property damage.

  • Comprehensive Car Insurance:

    1. Coverage Focus: Offers extensive coverage, including third-party liability and damage coverage for your vehicle.

    2. What's Covered:

      • Own damages due to accidents.

      • Theft, vandalism, or fire-related damages.

      • Natural calamities (floods, earthquakes, storms).

      • Personal accident coverage for the owner-driver.

    3. Add-Ons Available:

      • Zero Depreciation Cover.

      • Engine Protection.

      • Roadside Assistance.

      • No Claim Bonus (NCB) Protection.

  • Stand-Alone Own Damage (OD) Insurance:

    1. Coverage Focus: Provides coverage specifically for damages to your vehicle, excluding third-party liability.

    2. Use Cases:

      • Suitable for those who already have third-party liability coverage but want additional protection for their vehicle.

    3. What's Covered:

      • Own damages due to accidents.

      • Theft, vandalism, or fire-related damages.

    4. Customisable Options:

      • Allows customisation with add-ons for tailored coverage.

      • Can be combined with existing third-party liability insurance.

What's Covered

Here are some of the most common coverages offered by comprehensive car insurance plans: 

  • Own Damages due to Accidents:

    1. Repairs and damages resulting from collisions or accidents.

  • Theft, Vandalism, or Fire-related Damages:

    1. Coverage for the loss or damage caused by theft, vandalism, or fire incidents.

  • Natural Calamities:

    1. Protection against damages due to natural disasters such as floods, earthquakes, storms, or cyclones.

  • Personal Accident Coverage for Owner-Driver:

    1. Financial protection for bodily injuries or death of the owner-driver.

  • Zero Depreciation Cover:

    1. Ensures full claim without factoring in depreciation during repairs.

  • Engine Protection:

    1. Coverage for damages to the engine due to accidents or water ingression.

  • Roadside Assistance:

    1. Emergency services such as towing, fuel delivery, and minor repairs during breakdowns.

  • No Claim Bonus (NCB) Protection:

    1. Preserves your NCB discount on premium even after filing a claim.

What's Not Covered

  • Regular Wear and Tear:

    1. Damages due to the gradual deterioration of the vehicle over time are typically not covered.

  • Mechanical Breakdowns:

    1. Expenses arising from mechanical failures or breakdowns are generally excluded.

  • Driving Under the Influence:

    1. Damages or accidents that occur while the driver is under the influence of alcohol or drugs may not be covered.

  • Illegal Activities:

    1. Damages resulting from the vehicle being used for illegal purposes or activities are typically excluded.

  • Non-Insured Driver:

    1. If an uninsured individual, not listed on the policy, is driving the vehicle, the damages may not be covered.

  • Unapproved Modifications:

    1. Damages caused by modifications not approved by the insurance provider may not be covered.

  • Using the Vehicle Beyond Limits:

    1. If the vehicle is used for purposes beyond the terms and conditions of the policy, certain damages may not be covered.

  • Expired Policy:

    1. Damages that occur when the insurance policy is expired or not renewed are not covered.

  • Contributory Negligence:

    1. If the policyholder is found to be at fault or negligent, leading to the damages, coverage may be limited or denied.

  • Acts of War or Terrorism:

    1. Damages resulting from acts of war, terrorism, or civil unrest may not be covered under standard policies.


Understanding what is not covered is equally important to avoid surprises during the claims process. It's crucial to carefully review the policy terms and exclusions to have a clear understanding of the limitations and exceptions in your car insurance plan.

Add-On Covers

  • Zero Depreciation Cover:

    1. Coverage Details: Ensures full claim without factoring in depreciation during repairs.

    2. Best Suited For: New or luxury vehicle owners who want to maximise claim payouts.

  • Engine Protection:

    1. Coverage Details: Protects against damages to the engine due to accidents or water ingression.

    2. Best Suited For: Individuals residing in flood-prone areas or those with high-end vehicles.

  • Roadside Assistance:

    1. Coverage Details: Emergency services such as towing, fuel delivery, and minor repairs during breakdowns.

    2. Best Suited For: Frequent travellers or those seeking additional support during unexpected roadside incidents.

  • No Claim Bonus (NCB) Protection:

    1. Coverage Details: Preserves your NCB discount on premium even after filing a claim.

    2. Best Suited For: Safe drivers who want to maintain their premium discounts despite occasional claims.

  • Consumables Cover:

    1. Coverage Details: Includes the cost of consumables like engine oil, brake oil, and nuts and bolts during repairs.

    2. Best Suited For: Owners who want comprehensive coverage, including smaller but essential components.

  • Return to Invoice (RTI) Cover:

    1. Coverage Details: Ensures the insured receives the original invoice value of the vehicle in case of total loss or theft.

    2. Best Suited For: Owners of new or high-value vehicles concerned about potential depreciation.

  • Personal Belongings Cover:

    1. Coverage Details: Protects personal belongings within the insured vehicle from theft or damage.

    2. Best Suited For: Individuals who frequently carry valuable items in their vehicles.

  • Key Replacement Cover:

    1. Coverage Details: Covers the cost of replacing lost or stolen vehicle keys.

    2. Best Suited For: Owners of vehicles with advanced key systems.


Choosing the right add-ons depends on your specific needs and concerns. Assess your lifestyle, usage patterns, and preferences to tailor your car insurance policy for comprehensive and personalised coverage.

Filing a Car Insurance Claim – Things to Know

When it comes to filing a car insurance claim, understanding the process, whether it's for cashless or reimbursement claims, is crucial. Here's what you need to know:

1. Cashless Claims:

  • Procedure:

    • Inform your insurer about the accident or damage.

    • Take your vehicle to a network garage for repairs.

    • The insurer assesses the damage and settles the bill directly with the garage.

  • Documents Required:

    • Duly filled and signed claim form.

    • Policy document and a copy of your vehicle's registration certificate.

    • Driving license and FIR copy in case of an accident.

  • Best Suited For:

    • Individuals seeking a hassle-free claims process without upfront payments.

2. Reimbursement Claims:

  • Procedure:

    • Inform your insurer about the incident.

    • Get your vehicle repaired at any garage and pay for the repairs.

    • Submit the bills and documents to the insurer for reimbursement.

  • Documents Required:

    • Duly filled and signed claim form.

    • Policy document and a copy of your vehicle's registration certificate.

    • Driving license and FIR copy in case of an accident.

    • Original repair bills, payment receipts, and photographs of the damaged vehicle.

  • Best Suited For:

    • Individuals who prefer flexibility in choosing a garage or in the case of non-network garage repairs.

3. Common Documents for Both Types:

  • Claim Form:

    • A form provided by the insurer, duly filled and signed.

  • Policy and Vehicle Documents:

    • Keep your policy document, a copy of the registration certificate, and your driving license handy.

  • Accident Details:

    • Provide a detailed account of the accident or damage.

  • Photographs:

    • Take clear photographs of the damaged vehicle for documentation.

  • FIR Copy (if applicable):

    • In case of an accident, especially involving a third party, a copy of the First Information Report (FIR) may be required.

4. Timely Reporting:

  • Report the incident to your insurer promptly. Delayed reporting may affect the claims process.

5. Follow the Claim Process:

  • Adhere to the specific steps outlined by your insurer for a smooth and efficient claims settlement.


Knowing these aspects ensures a smoother claims process, whether you opt for cashless convenience or reimbursement flexibility. Always keep the necessary documents to facilitate a prompt settlement.

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Tips to Lower Car Insurance Cost

  • Maintain a Good Driving Record:

    1. Safe driving habits lead to lower premiums and potential discounts.

  • Opt for a Higher Deductible:

    1. Choosing a higher deductible can lower your premium, but be prepared for increased out-of-pocket costs during claims.

  • Bundle Policies:

    1. Combine your car insurance with other policies (home, renters) to avail discounts on overall premiums.

  • Install Safety Features:

    1. Equip your vehicle with safety features like anti-theft devices and airbags for potential discounts.

  • Drive Less:

    1. Consider usage-based or pay-as-you-drive insurance if you have a low annual mileage.

  • Maintain a Good Credit Score:

    1. A higher credit score may lead to lower insurance premiums, as it reflects financial responsibility.

  • Review and Adjust Coverage:

    1. Regularly assess your coverage needs and adjust them based on changes in your circumstances or the vehicle's value.

  • Take Defensive Driving Courses:

    1. Completing defensive driving courses may qualify you for insurance discounts.

  • Shop Around for Quotes:

    1. Compare quotes from different insurers to ensure you're getting the best value for your coverage.

  • Utilise No Claim Bonus (NCB):

    1. Maintain a claim-free record to accumulate NCB, which can result in significant premium discounts over time.

  • Choose a Car with Lower Insurance Costs:

    1. Before purchasing a vehicle, consider the insurance costs associated with different makes and models.

  • Review and Improve Coverage Deductibles:

    1. Assess your coverage deductibles and adjust them based on your financial capability and risk tolerance.

  • Ask About Discounts:

    1. Inquire about available discounts, including loyalty discounts, multi-car discounts, and affinity group discounts.

  • Pay Annually Instead of Monthly:

    1. Paying your premium annually can sometimes result in lower overall costs compared to monthly payments.

  • Maintain Continuous Coverage:

    1. A continuous insurance history can lead to better rates, as gaps in coverage may be perceived as higher risk.


Implementing these tips can help you lower your car insurance costs without compromising on essential coverage. Regularly reassess your insurance needs and explore opportunities for additional savings.

Check Out Car Insurance Partners Available at Bajaj Markets


How do I file a claim for my Mahindra Bolero Pik-Up insurance?

To file a claim, inform your insurer immediately, and follow their specific process. For cashless claims, visit a network garage; for reimbursement claims, keep relevant documents ready.

What documents are required for filing a car insurance claim?

Essential documents include the claim form, policy document, vehicle registration certificate, driving license, accident details, photographs, and, if applicable, the FIR copy.

Can I choose any garage for repairs under a cashless claim?

For cashless claims, choose a garage within the insurer's network to avail of the cashless facility. Non-network garage repairs are typically covered under reimbursement claims.

What is a deductible in car insurance, and how does it affect my premium?

A deductible is the amount you agree to pay before your insurer covers the remaining expenses. Opting for a higher deductible can lower your premium but increases your out-of-pocket costs during a claim.

How can I lower the premium for my Mahindra Bolero Pik-Up insurance?

You can lower premiums by maintaining a good driving record, opting for a higher deductible, bundling policies, installing safety features, and regularly reviewing and adjusting coverage.

Can I transfer my car insurance if I sell my Mahindra Bolero Pik-Up?

Yes, car insurance is transferable. Inform your insurer about the sale, and they will guide you through the transfer process or help you cancel the policy if needed.

What is the free-look period for Mahindra Bolero Pik-Up insurance?

The free-look period is typically 15 days, allowing you to review the policy terms. Mahindra Bolero Pik-Up insurance policies usually follow regulatory guidelines.

Can I get a refund if I cancel my Mahindra Bolero Pik-Up insurance during the free-look period?

Yes, you are entitled to a refund, subject to the terms and conditions of the policy, if you cancel within the free-look period.

Are there specific insurance options for Mahindra Bolero Pik-Up owners?

Yes, insurers offer tailored insurance plans for commercial vehicles like the Mahindra Bolero Pik-Up, considering the unique needs of business and commercial vehicle owners.

How can I track the status of my car insurance claim?

Contact your insurer's claims department for regular updates on your claim status. They will guide you through the process and provide the necessary information.

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