The Mahindra Bolero, priced between ₹9.89 to ₹10.90 Lakhs in India, is a 7-seater SUV. It has a 1.5 L diesel engine, manual transmission, and a mileage of 16 kmpl. Bolero comes in 3 variants and is popular as a very sturdy car. However, car insurance is a crucial step to better shield your Bolero from potential risks.
It provides a reassuring safety net, ensuring both your finances and car are protected from unforeseen damages and expenses. You can choose third-party, comprehensive, or own damage insurance policies for your Mahindra Bolero. It's important to know about the premium costs, inclusions & exclusions, add-on covers, etc. and make an informed decision.
The Mahindra Bolero is offered in 3 variants, all powered by a diesel engine. Let’s take a look at their prices and premium costs for a better understanding:
Mahindra Bolero Variants |
Ex-showroom price |
Fuel Type |
Estimated Third-party Premium Rates (FY2023-24) |
B4 |
₹9.89 Lakhs |
Diesel |
₹3,416 |
B6 |
₹10.10 Lakhs |
Diesel |
₹3,416 |
B6 (Opt) |
₹10.90 Lakhs |
Diesel |
₹3,416 |
*The ex-showroom prices are for Delhi and are subject to change on the basis of 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.
Disclaimer: The above information is for Mahindra Bolero in Delhi only. Premium rates will depend on the specific model, variant, fuel type, place and year of registration, IDV, add-on covers and various other factors.
On Bajaj Markets, you can benefit from a quick application process and purchase car insurance for Mahindra Bolero in the following easy steps:
Open the ‘Car Insurance Premium Calculator’ page
Enter your Bolero registration number and contact details
Provide the required information asked in the form
Choose your car insurance policy from the available plans
Make an instant online payment for your car’s insurance premium
The details of your Mahindra Bolero car insurance policy will be sent to your email address shortly.
Securing your Mahindra Bolero with car insurance offers a multitude of advantages for both your car and your finances:
Beyond good practice, it's a legal mandate in India, ensuring responsible vehicle ownership and compliance with the law
Car insurance acts as a robust financial shield, preventing unforeseen expenses from accidents, theft, or natural disasters
Opting for comprehensive car insurance offers holistic coverage and ensures a wide range of protection, covering damages, third-party liabilities, theft, and more
Car insurance provides added benefits like zero depreciation, roadside assistance, and customisable add-ons, enhancing the overall value and protection of your policy
Go through the following types of car insurance plans that you can choose from to financially secure your Mahindra Bolero:
Third party car insurance is mandatory to drive your four-wheeler on Indian roads, as per the Motor Vehicles Act, 1988. This plan only covers your financial liabilities towards a third party incurred by your insured Bolero and does not extend to you or your car. Hence, it has affordable premium rates.
Own Damage Insurance shields your vehicle from accidents, vandalism, and fire, ensuring coverage for repair or replacement costs. With customisable options, it offers tailored coverage for enhanced financial security, safeguarding both your investment and your vehicle's value.
A comprehensive car insurance plan is an extensive policy that covers both third-party liabilities as well as damages to your Bolero due to an unfortunate event. The car insurance premium for a comprehensive plan is higher than that of a third-party cover since it covers all liabilities that you may incur.
Compensation for losses or damages caused to a third party
Coverage for bodily injuries and death of the victim
Personal accident cover for the owner-driver
Protection against own vehicle damage
Safeguarding against third-party liabilities
Coverage for theft and various other perils
Damages resulting from malicious activities
Instances of driving without a valid licence
Natural wear and tear of the vehicle
Electrical or mechanical breakdowns
Damages occurring under the influence of alcohol or drugs
Damages during war-like situations
Notify your insurer in the event of an accident
Choose your desired network garage from the available options provided
Take your Mahindra Bolero to the selected garage for repairs
Submit the necessary bills and supporting documents to your insurer
Your insurance provider will verify the documents submitted and directly settle the claim with the garage
Notify your insurer about the damages incurred to your Bolero
If there has been a theft, file a First Information Report (FIR)
Submit a copy of the FIR along with any other necessary documents to your insurer
Take your car to the garage of your choice and pay for the necessary repairs
Submit all receipts and required documentation to your insurance provider
Your insurer will verify the details and reimburse you for the expenses
Remember to provide the following list of documents while filing a claim:
Duly filled and signed insurance claim form
Copy of your car insurance policy
Copy of your Bolero’s registration certificate (RC)
Copy of the driver’s licence
Copy of the FIR
Original bills and receipts of the Bolero repair expenses
Some easy ways to reduce your Bolero car insurance premium are:
Get your Bolero serviced regularly and maintain it in a good condition to get a lower car insurance premium.
Earn NCB in car insurance reward by not making any claims on your Bolero car insurance plan throughout the policy tenor and use these rewards to get a cost-effective renewal premium.
Avoid filing car insurance claims for inexpensive Bolero repairs to secure your NCB reward.
You can install ARAI-approved anti-theft devices in your Bolero for an additional reduction in the insurance premium
Always compare the Bolero car insurance premium quotes offered by various companies on online platforms like Bajaj Markets before purchasing
Regularly check the car tyres for damage, cuts, or any missing/loose wheel nuts and maintain the right air pressure in the tires
Keep the car battery dry and clean and regularly check for any battery cable corrosions and salt deposition
Ensure that your Bolero’s engine has clean fuel and keep the fuel levels constant to avoid unwarranted engine issues
You must follow the Bolero maintenance and service schedule to keep your car in mint condition and contribute to its longevity
The right insurance package provides protection in case of accidents, thefts, arson, or riots. Insurance plans also lend protection to your Mahindra Bolero in case of damage due to natural disasters such as earthquake, floods, landslides.
Yes, the Mahindra Bolero insurance can be very easily renewed online.
No. It's a legal requirement to pay the full premium amount in one go.
Yes, if you want to sell your Mahindra Bolero, you can always get it transferred to the buyer, who will be the new owner.
Yes, Mahindra Bolero is equipped with power steering so that you can turn with ease, even in crowded streets.
The mHAWK75 diesel engine in a Mahindra Bolero produces a maximum power of 55.9 kW at 3600 r/min. This means that Mahindra Bolero’s horsepower is 75 BHP at 3600 r/min.