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Mahindra Gusto is a scooty that supersedes others in the 110cc-scooty segment. This two-wheeler has been discontinued from the Indian market and its last recorded ex-showroom price ranges between ₹49,060 - ₹56,625 (in Delhi). That said, you can still buy the scooty second-hand, however, opting for the right insurance plan is just as important. If you own this discontinued model, rest assured because at Bajaj Markets, we offer customised coverage under comprehensive Mahindra Gusto insurance.

Mahindra Gusto Variants

Here are the Mahindra Gusto variants with their ex-showroom prices and the bike insurance premium:

Mahindra Gusto Variants

Fuel Type

Ex-Showroom Price

Estimated Third-party Premium~

Mahindra Gusto Hx




Mahindra Gusto Dx




Mahindra Gusto VX Spl Edition




Mahindra Gusto DX CBS




Mahindra Gusto RS




Disclaimer: The Mahindra Gusto ex-showroom prices are for Delhi and are subject to change based on the city.


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

How to Buy Mahindra Gusto Insurance Online

Opt for Mahindra Gusto insurance at lucrative prices only on Bajaj Markets:

  • Step 1: Visit the ‘Bike Insurance Premium Calculator’ page on Bajaj Markets.
  • Step 2: Enter your Mahindra Gusto’s registration number, your mobile number and other details in the application form.
  • Step 3: Check the various bike insurance plans available for your two-wheeler and choose one that suits your needs.
  • Step 4: Pay the Mahindra Gusto bike insurance premium online.


You will soon receive your two-wheeler insurance policy on your registered email ID.

How to Renew Mahindra Gusto Insurance Easily

Complete the Mahindra Gusto bike insurance renewal on time to enjoy continued coverage:

  • Step 1: Visit the ‘Bike Insurance Renewal’ section on your bike insurance provider’s official website.
  • Step 2: Fill in all the required information like your scooter’s registration number and your contact number.
  • Step 3: Give the details of your previous Mahindra Gusto insurance policy.
  • Step 4: Check the renewal premium for your bike insurance plan.
  • Step 5: Complete the online premium payment.
  • Step 6: Download your renewed Mahindra Gusto bike insurance policy.

Why is it Important to Opt for Mahindra Gusto Insurance

While the number of road accident cases is on the rise, we cannot ignore that the threat of theft, too, is constantly looming over a vehicle. If you lose your new scooter to theft, you will again have to arrange ₹50,000-₹70,000 to buy a two-wheeler. However, if you have a comprehensive bike insurance plan with the return to invoice cover, the entire amount would be reimbursed to you. Motor insurance is a financial instrument that helps you keep your savings secure.

Comprehensive or Third-Party Insurance: Which One to Buy

  • Third-Party Bike Insurance

Third-party bike insurance is the most basic and legally mandated plan in India. In case of an accident, this plan ensures that the injuries and damages sustained by the third party and their property, respectively, are covered. It even provides coverage in case of the unfortunate death of the victim. However, your own bike won’t be covered under this plan.

  • Comprehensive Bike Insurance

Comprehensive bike insurance policy will have you covered against the damage incurred by your own Mahindra Gusto and the third party. This ascertains that you drive your vehicle with complete peace of mind as your two-wheeler is protected against any loss that may affect you. It includes third-party liability, own damage cover, losses due to natural calamities, theft, and more! Though the cost of a comprehensive Mahindra Gusto insurance plan is higher, it is worth the coverage your vehicle receives.

What’s Covered Under Bike Insurance

Third-party bike insurance covers damages, bodily injuries, as well as the death of the third party. However, comprehensive Mahindra Gusto insurance offers extensive coverage. It includes own damage, theft, natural or man-made calamities, third-party loss, etc.

What’s Not Covered Under Bike Insurance

While everything other than third-party losses is excluded in third-party insurance, the comprehensive plan does not encourage claims made against expenses incurred due to mechanical or electrical breakdown, depreciation of the vehicle, driving under influence, etc.

Add-On Covers to Purchase With Mahindra Gusto Insurance

 Here are some common add-ons that you can buy with Mahindra Gusto bike insurance:

  • Engine Protect Cover

To have the repair and replacement expenses covered under your plan, you must have an engine protect cover.

  • Zero Depreciation Cover

The zero depreciation cover in bike insurance offers even the depreciable amount of your Gusto while settling the claim.

  • Consumables Cover

Have the expenses incurred on consumables covered with this add-on cover! 

  • Roadside Assistance Cover

With this add-on cover, you can stop stressing about vehicle breakdown since it offers emergency assistance 24x7.

Make a Claim Under Mahindra Gusto Insurance

You can submit these documents while raising a Mahindra Gusto bike insurance claim:

  • Original bike insurance policy document

  • Vehicle details

  • Insurer’s details

  • An FIR copy, in case of major damage or theft

  • Proof of payment and original bills for a reimbursement claim


There are two types of Mahindra Gusto bike insurance claims:


1. Cashless Claim Under Bike Insurance


The cashless claim facility is perfect for someone who wants to get their vehicle repaired without spending a single penny. However, to avail this feature, you must inform your insurer about the situation. The next obligation here is that you must visit the nearest network garage to repair your Mahindra Gusto. Once the scooter is repaired, your insurer will directly get in touch with the garage representative to settle the bill. However, you might have to clear the applicable deductible under your policy.


2. Reimbursement Claim Under Bike Insurance


This type of claim process is ideal for someone who has a preferred garage. You can notify your insurer about the claim and then take your vehicle to a garage. However, with the reimbursement claim process, you need to pay for the repair expenses from your own pocket. Then you can fill out the claim form and seek compensation.

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How to Reduce Mahindra Gusto Insurance Premium

Here are some vital tips on how to lower your Mahindra Gusto bike insurance cost with ease:

  • Claim No Claim Bonus

You can become eligible for an NCB reward on your two-wheeler insurance renewal premium by making zero claims throughout the policy period.

  • Maintain Your Bike

Maintain your Mahindra Gusto and increase its longevity by following the service schedule suggested by the manufacturer.

  • Follow Traffic Rules

Following traffic rules is one of the best ways to ensure a claim-free year, and thus avail NBC. 

  • Cover Inexpensive Claims

Here's another way of securing your NCB and reducing your premium amount: try to cover inexpensive claims.

Here’s How You Can Maintain Your Mahindra Gusto Bike

  • Check Engine Oil Levels

Maintain sufficient engine oil levels in your Mahindra Gusto for zero issues!

  • Inspect the Battery

Cleaning the battery regularly is a good practice to ensure a seamless driving experience. 

  • Read the User Manual

It is recommended to go through the user manual that came with your vehicle for an in-depth guidance on how to maintain your two-wheeler.

Mahindra Gusto Maintenance Cost

To know the Mahindra Gusto maintenance and service cost, it is recommended to get in touch with the Mahindra service centre.

About Mahindra Gusto

Mahindra Gusto is a 110cc scooter that is equipped with the industry’s first and future-ready technology. It features height-adjustable seat, find-me lamps, guide lamp, remote flip key, halogen headlamp, pocket storage below the instrument cluster, and a generous under-seat storage space. It comes with retractable hooks for easy access and storage. Under the Gusto’s skin, it is powered by the M-TEC 109.6cc air-cooled engine, which pumps out a max power of 8bhp@7,500rpm and a torque of 9Nm@5,500rpm.

Mahindra Gusto Specifications

Here are some of the key specifications of the Mahindra Gusto bike:



Mahindra Gusto Mileage

63 kmpl

Engine Displacement


Max Power

8.15PS @7500rpm

Max Torque

9Nm @5500rpm

Fuel Type


Mahindra Gusto Fuel Tank Capacity

6 litre


Front Brake: Drum

Rear Brake: Drum

Mahindra Gusto Features

Did you know that the Mahindra Gusto comes with a pass switch and an Integrated Braking System? Here’s a better look at the features of the Mahindra Gusto bike:


Fuel Gauge

Low Oil Indicator



Low Fuel Indicator

LED Tail Lamp

To Conclude

Although the Mahindra Gusto is a discontinued model, you can still buy the vehicle from the second-hand market. Whether you own a first-hand scooter or a second-hand one, two-wheeler insurance is a must--not only because it's mandated by law, but also because it protects your finances from unforeseen perils. At Bajaj Markets, you get a wide range of personalised insurance covers to secure your prized possession. To further extend your insurance coverage, you can also opt for lucrative add-on covers available on our platform and enjoy affordable premium rates!

FAQs on Mahindra Gusto Insurance

What is the Mahindra Gusto on-road price in Delhi?

The Mahindra Gusto on-road prices are not available for any city as the vehicle has been discontinued in India.

What is the Mahindra Gusto fuel economy?

The Mahindra Gusto fuel economy is 63 kmpl.

What is the Insured Declared Value in bike insurance?

The Insured Declared Value in two-wheeler insurance plans is the maximum amount your insurer shall payout in the event of total loss or theft of your bike.

What is the penalty for riding your bike without a valid insurance policy?

The penalty on driving your Mahindra Gusto bike without a valid two-wheeler insurance policy is ₹2,000 and/or imprisonment for up to 3 months in case of first offence. For subsequent offences, the penalty is ₹4,000 and/or imprisonment for up to 3 months.

What is the Mahindra Gusto’s top speed?

The Mahindra Gusto’s top speed is 85 kmph.

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