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Insurance and cars have been complimenting each other for a long time. It is crucial for car owners to buy insurance that serves most of their needs.  Bajaj Markets presents the Mahindra XUV 500 car insurance policy which covers accidents, natural calamities and theft. You also get added benefits such as third-party liabilities, damage caused due to external means with the Mahindra car insurance. With this policy, you will get access to all the amazing benefits at an affordable premium. You can buy the insurance at Bajaj Markets.

Mahindra XUV 500 Variants with Car Insurance Price

Here is a list of the Mahindra XUV 500 variants and Mahindra XUV 500 insurance cost:

Mahindra XUV 500 Variants

Ex-Showroom Price*

Fuel Type

Estimated Third-party Premium*


₹ 14.27 Lakh


₹ 7,890


₹ 15.59 Lakh


₹ 7,890


₹ 17.33 Lakh


₹ 7,890

W11 Optional FWD



₹ 7,890

 *The ex-showroom prices are for Delhi and are subject to change based on the city.


**Third-party premium rates are indicative. The actual premium that you may have to pay may change depending on various factors. Please check the prevailing premium rates before purchasing your car insurance policy.

Buy Mahindra XUV 500 Car Insurance at Your Fingertips!

Buying a Mahindra XUV 500 car insurance online on Bajaj Markets is a hassle-free process. All you need to do is follow these steps:


  • Enter your mobile number and your Mahindra XUV 500 registration number.

  • Provide all the necessary details about your vehicle.

  • Pick the XUV 500 car insurance plan that is best suited for your needs.

  • Pay the car insurance premium online.

  • Your Mahindra XUV 500 car insurance policy will be sent to your email address upon successful payment.

Renew Mahindra XUV 500 Car Insurance in Minutes!

Renewing your Mahindra XUV 500 Insurance is a simple process. Just follow the five steps given below:


  • Visit the Bajaj Markets ‘Car Insurance Renewal’ page.

  • Enter your XUV 500 registration number and contact details. 

  • Check your Mahindra XUV 500 car insurance renewal premium.

  • Make the payment online.

  • Download the policy copy.

Why Insure Your Mahindra XUV 500?

Once you own a Mahindra XUV 500, you will undoubtedly fall head over heels for it. So, it goes without saying that you won’t be able to bear to see even a scratch on it. While the Mahindra XUV 500 boasts top-notch safety features and is effortless to drive, you are always exposed to certain risks like accidents, injury, theft, natural calamities, vandalism etc. Such incidents can lead to huge damage repair expenses, that can go as high as ₹1 Lakh or more! A comprehensive Car Insurance Policy will protect your car against all such risks by compensating for the damages caused to your car. Besides, having at least third-party car insurance is mandatory in India under the Motor Vehicles Act, 1988.

Which Type of Mahindra XUV 500 Car Insurance Should You Opt For?

In India, you can choose from two types of car insurance plans for your Mahindra XUV 500:


Third-Party Car Insurance

third-party car insurance cover essentially protects you from all of the financial liabilities towards a third party that are incurred by you. The coverage of such policies is not extended to you or your car in any unfortunate event. Hence, the premium charges are easy on the pocket. If you are looking to buy an extensive cover for your Mahindra XUV 500, it is recommended to buy a comprehensive car insurance policy.


Comprehensive Car Insurance

With a comprehensive cover, you are safe from both third-party liabilities as well as your own damages. A comprehensive car insurance cover is considered to be an all-rounded insurance cover that provides you with financial aid against all liabilities that you may incur. 

What Does Your Mahindra XUV 500 Insurance Cover?

Third-party car insurance covers any injuries/death or damages caused to a third party by your Mahindra XUV 500. On the other hand, comprehensive car insurance policies include third-party liabilities, damages caused to your insured Mahindra XUV 500 due to accidental/external means, terrorist activity, etc.

What is Not Covered in Your Mahindra XUV 500 Insurance?

Some of the exclusions under car insurance available on Bajaj Markets are damage or loss caused outside the designated geographical area in the insurance policy, claims arising out of any Contractual Liability, damages caused due to overspeeding, etc. 

Top-Up Your Mahindra XUV 500 Car Insurance with Add-on Covers

You can purchase certain add-on covers to enhance your Mahindra XUV 500 insurance policy. Some common add-on covers are:


  • Personal Baggage Cover
    Covers the damages to your personal belongings caused during an accident.

  • Roadside Assistance Cover
    Provides emergency roadside assistance in car insurance like flat tyre repair, towing services, urgent fuel delivery, etc.

  • Consumables Cover
    Covers the repair/replacement of consumables like brake oil, engine oil, gearbox oi, etc. after an accident.

  • Accessories Cover
    This covers damages incurred to your Mahindra XUV 500’s accessories in case of any mishap.

Filing a Claim for Your Mahindra XUV 500 Insurance- Things to Know

In case of a claim, you are required to submit the following documents:


  • Duly filled and signed claim form

  • Copy of the insurance policy

  • Copy of your XUV 500’s registration certificate (RC)

  • Driver’s licence copy

  • Copy of the FIR

  • Original bills and receipts of the vehicle repair

Now that you know about the documents needed to file a car insurance claim, the next step is to understand how you can file a claim. There are two ways to claim your Mahindra Car Insurance:


Cashless Claim for Car Insurance Policy

Here, your damaged car can be repaired at the nearest network garage. Your insurer will pay the garage directly for all the repair expenses that have been incurred.


Reimbursement Claim for Car Insurance Policy

In this claim, you can get your car repaired at a garage of your choice, bear all the expenses, and then file a claim for reimbursement against your car insurance policy. The claim amount will be transferred to your registered bank account upon the approval of your claim.

Tips to Reduce Mahindra XUV 500 Car Insurance Premium

Here are some ways to help reduce your car insurance premium:


  • Maintain Your Mahindra XUV 500

    One of the easiest ways to reduce your car insurance premium is to maintain your Mahindra XUV 500 in good condition and get it serviced from time to time.

  • No Claim Bonus Rewards

    By making zero claims on your XUV 500 car insurance plan throughout the policy tenor, you can earn No Claim Bonus (NCB) in car insurance rewards and get a cost-effective renewal premium on your car insurance policy. 

  • Avoid Small Claims

    Avoid filing car insurance claims for inexpensive repairs to secure your NCB reward.

  • Install Anti-Theft Devices in Your Mahindra XUV 500
    You can install anti-theft devices in your car for an additional reduction in the insurance premium.

  • Compare Premium Quotes Online

    Don’t forget to compare the car insurance premium quotes offered by various companies to get the best car insurance plan that suits your needs!

Must-Know Tips to Maintain Your Mahindra XUV 500

  • Check Car Tyres 

    Regularly check the tyres of your XUV 500 for damage, cuts, excessive wear and tear, or any missing/loose wheel nuts.

  • Inspect Car Battery

    Regularly inspect your car battery for any battery cable corrosions and adequate electrolyte levels. 

  • Maintain a Clean Engine
    Ensure that your XUV 500’s engine has clean fuel.

  • Check Fluids Regularly

    Check your oil, coolant, brake, and power steering fluids regularly.

Know the Mahindra XUV 500 Maintenance Cost

The estimated Mahindra XUV 500 maintenance cost for five years is ₹32,740. The first three servicing of your Mahindra XUV 500 are free of cost. Below is the maintenance schedule and the cost applicable:

Mahindra XUV 500 Service Schedule


Free or Paid

Total Expenses*

First Service




Second Service




Third Service




Fourth Service




Fifth Service




Sixth Service




*Disclaimer: These are indicative prices. The actual cost of maintenance of Mahindra XUV 500 may vary and change from time to time.

About Mahindra XUV 500

Manufactured by the leading Indian automotive manufacturer Mahindra, the XUV 500 boasts of a powerful mHawk diesel engine that promises an improved mileage of 15.1 kmpl. Moreover, its rugged looks, spacious seating design and adequate safety features like parking assist, side blind zone and lane change alert make the Mahindra XUV 500 one of the best buys in the SUV segment. The high ground clearance along with its efficient electronic brake force distribution further adds up to the car’s performance as an SUV.

Specifications of Mahindra XUV 500

Let’s have a look at some of the key specifications of the Mahindra XUV 500 like mileage, engine displacement, fuel tank capacity, etc.:


Mahindra XUV 500 Specs


15.1 kmpl

Engine Displacement

2179 cc

Transmission Type

Manual, Automatic, Automatic (Torque Converter)

Max Power


Max Torque


Seating Capacity


Fuel Type


Fuel Tank Capacity

70 litres

No. of Cylinder


Ground Clearance (Unladen)

200 mm

Note: The actual specifications may vary depending on the Mahindra XUV 500 variant.

Mahindra XUV 500 Features

The Mahindra XUV 500 comes with a host of great features. Some of these are:


  • Power Steering

  • Anti-Lock Braking System

  • Driver Airbag

  • Passenger Airbag

  • Air Conditioner

  • Wheel Covers

  • Power Windows (Front)

Note: The actual features may vary depending on the Mahindra XUV 500 variant.

Summing Up

The Mahindra XUV 500 was discontinued in India in November 2021, but you can still find the car in the second-hand market. Even though the XUV 500 is a heavily built SUV with adequate safety features, it is essential to cover your car with the right Mahindra XUV 500 car insurance coverage plan to protect you financially in case of accidents, theft, or loss due to man-made or natural disasters.

So, wait no more! Head over to Bajaj Markets to get your hands on a suitable car insurance plan for your Mahindra XUV 500.

Note: Even though the Mahindra XUV 500 has been officially discontinued in India, you will still need a valid third-party car insurance plan to drive your car on Indian roads.

Check Out Car Insurance Partners Available at Bajaj Markets

FAQs on Mahindra XUV 500 Insurance

What is the torque of the Mahindra XUV 500?

The max torque of the Mahindra XUV 500 is 360Nm@1750-2800rpm.

What is the Mahindra XUV 500 ground clearance?

The unladen ground clearance of the Mahindra XUV 500 is 200mm.

What is the Mahindra XUV 500 service cost in India?

The estimated Mahindra XUV 500 service cost for 5 years is ₹32,740. However, the service cost for different Mahindra XUV 500 variants is subject to change and can vary from time to time.

Does the XUV 500 feature climate control?

Yes, the XUV 500 gets climate control as a standard feature on all its variants.

Should I buy the AWD variant or the 2WD of the XUV 500?

XUV 500 is currently available as an AWD on its top variant. The AWD uses all four wheels and is great for off-road purposes. If you primarily plan on driving in the city, it’s best to stick with the 2WD version.

Does the XUV 500 feature alloy wheels as a standard feature?

XUV 500 gets new alloy wheels across all variants. The alloy wheels are attractive and add to the overall aesthetic appeal of the vehicle.

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