✓Save 80% on Premium ✓Zero Depreciation & Accessories Cover ✓Lock & Key Replacement Cover| Buy a Car Insurance Now! Check Plans

The Nissan Magnite is a popular, compact, 5-seater SUV in India powered by a 999 cc petrol engine in either automatic or manual transmission. It is available in 30+ variants and possesses a 4-star GNCAP safety rating. Nissan Magnite is priced between ₹5.99-₹11.27 Lakhs (ex-showroom, Delhi), based on your chosen variant.


Beyond legal necessities, insuring your Nissan Magnite safeguards your SUV and finances from unforeseen events. Car insurance premiums vary based on factors like coverage amount, plan type, specific Magnite variant details, and more. Carefully considering these factors when selecting coverage allows you to protect your interests cost-effectively. 

Check Insurance Premiums for Nissan Magnite Variants

To make informed financial decisions about protecting your Nissan Magnite, check the ex-showroom prices and estimated insurance rates for the corresponding variants as given: 

Nissan Magnite Variants

Fuel Type

Nissan Magnite Ex-Showroom Price

Proposed Third-Party Premium Rates




₹5.99 Lakhs




₹6.59 Lakhs




₹7.04 Lakhs


Geza Edition


₹7.39 Lakhs




₹7.50 Lakhs




₹7.82 Lakhs




₹7.98 Lakhs


XV Red Edition


₹8.07 Lakhs


XL Turbo


₹8.25 Lakhs




₹8.28 Lakhs


Kuro MT


₹8.28 Lakhs




₹8.44 Lakhs


XV Premium


₹8.60 Lakhs


Kuro AMT


₹8.74 Lakhs


XV Premium DT


₹8.76 Lakhs


XV Premium AMT


₹8.96 Lakhs


XV Premium AMT DT


₹9.12 Lakhs


Turbo XV


₹9.19 Lakhs


Turbo XV DT


₹9.35 Lakhs


Turbo XV Red Edition


₹9.44 Lakhs


Kuro Turbo


₹9.65 Lakhs


Turbo XV Premium


₹9.79 Lakhs


Turbo XV Premium DT


₹9.95 Lakhs


Turbo XV Premium Opt


₹9.99 Lakhs


Turbo XV Premium Opt DT


₹10.15 Lakhs


Turbo CVT XV


₹10.20 Lakhs




₹10.36 Lakhs


Kuro Turbo CVT


₹10.66 Lakhs


Turbo CVT XV Premium


₹10.91 Lakhs


Turbo CVT XV Premium DT


₹11.07 Lakhs


Turbo CVT XV Premium Opt


₹11.11 Lakhs


Turbo CVT XV Premium Opt DT


₹11.27 Lakhs


Disclaimer: The above information is for the Nissan Magnite in Delhi only. Premium rates will depend on the specific Magnite model, variant, fuel type, place and year of registration, IDV, add-on covers and various other factors.

How to Buy Insurance for Nissan Magnite Online

Understanding how to purchase and renew insurance online is crucial when assessing premiums for different Nissan Magnite variants. Bajaj Markets provides a simple and affordable way to secure insurance coverage for your new Magnite SUV: 

  • Head over to the ‘car insurance premium calculator’ page

  • Enter your car registration details and mobile number 

  • Provide the necessary information in the application form

  • Compare various insurance plans and pick one that suits your needs

  • Check the price of your Nissan Magnite Car Insurance and make an instant online payment 

Why Insure Your Nissan Magnite?

It is important to secure your Nissan Magnite with insurance as it offers numerous benefits to both your car and finances: 

  • Legal Necessity

In India, it's mandatory to insure your Nissan Magnite SUV against third-party liabilities

  • Financial Safeguard

Your insurance plan covers repair costs for accidental damages and helps you avoid unexpected expenses

  • All-Inclusive Protection

Nissan Magnite Car insurance addresses repair costs for damages caused by natural or man-made disasters, ensuring comprehensive coverage

  • Supplementary Advantages

Many car insurance plans offer valuable add-on covers that can enhance the overall protection factor for your new SUV

Types of Insurance Plans for Nissan Magnite

The insurance cost for your Nissan Magnite depends on which plan you choose. Details on the main types of car insurance plans available are given below:

  • Third-Party Car Insurance

A third-party car insurance plan is mandatory in India under the Motor Vehicles Act, 1988. It covers all liabilities arising towards a third party, such as property damage or personal injury. Thus, this plan ensures financial protection along with legal compliance. 

  • Own Damage Insurance

Own Damage Cover protects your vehicle from damage caused by accidents, collisions, vandalism, fire, etc. It covers the costs of repairing or replacing your insured vehicle, offering financial peace of mind if your vehicle gets damaged. 

  • Comprehensive Car Insurance

A comprehensive car insurance plan offers extensive benefits, covering accidental damages to your car, as well as damages arising from natural or man-made disasters. You may also get supplementary benefits by purchasing add-on covers. 


It is important to have a clear understanding of the inclusions of the insurance coverage for Nissan your Magnite before finalising it. In addition to the insurance cost, here are some common inclusions you can expect in your plan: 

  • Third-party liabilities

  • Expenses for replacements and repairs

  • Loss or damage due to man-made or natural calamities

  • Personal accident coverage for the car driver and passengers

  • Damage resulting from any accident


Every car insurance plan has specific exclusions that are not covered by the policy. These exclusions may vary but typically include the following for your Nissan Magnite: 

  • Everyday wear and tear

  • Mechanical or electrical breakdown

  • Damages caused due to malicious activities

  • Damages caused because of war-like conditions

  • Damages from driving while under the influence of alcohol

  • Damage or loss owing to driving with an inactive insurance policy or without a valid licence 

Add-On Covers for Your Nissan Magnite

Insurance plans may not always cover all the scenarios that could lead to damages. That’s why, you can choose from multiple add-on riders for your Nissan Magnite, over and above the base plan. There are some popular add-on covers you can purchase that offer the following benefits: 

  • Roadside Assistance

This cover gives you benefits like towing assistance, fuel delivery, emergency repairs, etc. if your car breaks down in the middle of a journey 

  • Engine Protector

Covers the cost of replacing or repairing your car’s engine owing to damages from water seepage, oil leaks, etc 

  • Consumables Cover

This add-on cover takes care of the expenses of replacing or refilling consumables like coolant, engine oil, and brake oil 

  • Accessories Cover

Provides coverage for the expenses of repairing or replacing certain car accessories that may have been damaged in an accident 

  • NCB Protection Cover

This cover allows you to retain your No Claim Bonus (NCB) for up to two claims filed during the policy year 

Process for Filing Cashless Claims

  • Report the accident to your insurer immediately 

  • Browse and Select a Network Garage 

  • Take your Nissan Magnite to the nearest network garage for repairs 

  • Submit the bills and other relevant documents to your insurer 

  • Your insurer will verify the paperwork and settle the claim with the garage directly

Process for Filing Reimbursement Claims

  • Contact Your insurer and inform them about the damage to your car 

  • File a First Information Report (FIR) in case of theft 

  • Submit the FIR copy along with the necessary paperwork to your insurer 

  • Take your vehicle to any garage you prefer and pay for the repairs 

  • Submit all the bills and receipts to your car insurance provider 

  • The insurer will verify the bills and reimburse your expenses 

Documents Required to Raise an Insurance Claim

Submit the following documents to file a Nissan Magnite insurance claim:

  • Your insurance policy

  • Car details

  • Insurer details

  • Details of the Incident

  • FIR copy, in case of theft/vandalism

  • Original bills and receipts of the vehicle repair

Tips to Lower Your Nissan Magnite's Insurance Premium

To reduce your new SUV’s insurance premium in India, consider the following tips:

  • Get the No Claim Bonus:

Avoid making claims during the policy period to enjoy a reward on your insurance renewal premium through the No Claim Bonus

  • Compare Plans Online:

Research online to find the right insurance plan at affordable rates. Compare various insurance covers to choose the one that suits your needs

  • Adhere to Traffic Laws:

Following traffic rules minimises the risk of accidents, reducing the likelihood of vehicle damage

  • Cover Small Claims:

Covering inexpensive repair bills helps preserve your no-claim bonus, resulting in significant savings during renewal

Tips to Maintain Your Nissan Magnite

To ensure optimal performance and prevent costly repairs, regular maintenance is essential for your new Nissan Magnite. Follow these simple tips to keep your SUV running smoothly for years to come: 

  • Maintain the Battery

The battery plays a crucial role in keeping your Nissan Magnite running on the roads. Not maintaining it well could leave you stranded amidst a journey due to battery failure. 

  • Read the User Manual

User manuals help you understand the vehicle better. So, once you know your Nissan Magnite in and out, you will be well equipped to maintain it the right way. 

  • Warm Up the Engine

Calmly drive the car for a few minutes to allow the engine to warm up gradually and help improve lubrication and efficiency. 

  • Check the Tyre Pressure

Overinflated tyres experience wear and tear, whereas underinflated tyres consume fuel in excess. Hence, set a reminder to check the tyre pressure from time to time. 

  • Air Filter Maintenance

Make sure to check the air filter regularly and replace it if it appears dirty or dusty. This helps ensure proper air circulation and maintain engine efficiency. 

  • Inspect the Fuel Levels

If you don't wish to use 24x7 car roadside assistance for trivial issues like insufficient fuel, monitor the fuel levels and maintain them before heading out in your Nissan Magnite. 

  • Check Coolant Levels Monthly

Keep an eye on your car's coolant levels every month, and top it up as necessary. This will help prevent overheating and maintain optimal engine temperature. 

Read More

Discover a range of insurance choices for Nissan Car models

Check Out Car Insurance Partners Available at Bajaj Markets

FAQs on Car Insurance for Nissan Magnite

Can I change the IDV of my Nissan Magnite?

It is not advisable to change the insured declared value on your own as it can lower your insurance claim payouts.

What is the Nissan Magnite ground clearance in mm?

The Nissan Magnite ground clearance is 205 mm. 

What is the size of the tyres used in the Nissan Magnite?

The Magnite comes with tyres of size 195/60 R16.

How many variants does the Nissan Magnite come in?

The Nissan Magnite is offered in 20+ different variants.

What is the Nissan Magnite seating capacity?

The Magnite can accommodate up to 5 passengers.

What is the total fuel tank capacity of the Nissan Magnite?

The Nissan Magnite fuel tank capacity is 40 litres. 

Loan Offer
Download App
Credit Score