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Car Insurance For Mahindra Car

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Mahindra cars are technology-led automobiles that offer multiple safety features to keep you safe on the road. However, accidents and collisions can occur at any time, and there is no way to completely prevent them. This is where having Mahindra car insurance can help.

If you own a Mahindra car and are looking to enhance road safety with Mahindra vehicle insurance, you can rely on Reliance General Insurance. We offer comprehensive insurance plans at the most affordable prices to suit your requirements.

If you are not familiar with car insurance for Mahindra, this article will guide you through all the necessary details.

With Reliance General Insurance, you can expect:

100%
Claims Settlement*
10,000+
Network Garages*
5 Crore+
Happy Customers*
₹238/month
Starting Premiums*

Why Do You Need Car Insurance For Mahindra Car?

Mahindra Car insurance is of tremendous importance as it is a safety net that protects you against road accidents. Here are a few reasons that highlight the importance of car insurance for Mahindra.

  • Mahindra car insurance policy is mandatory as per the Motor Vehicles Act 1988. Driving without a valid car insurance attracts fines and penalties.

  • A comprehensive car insurance protects the owner against own damages occurring due to accidents, natural calamities, thefts, vandalism, riots, etc. It also offers assistance in case of third party claims.

  • Popular Mahindra car insurance covers the cost of third-party liabilities and damages. Thus, it offers financial assistance to the vehicle owner if a third party raises a claim.

  • Car insurance also offers coverage for legal costs that may be incurred in case of accidents that have legal repercussions.

Reliance General Insurance Features and Benefits of Mahindra Car Insurance

Nominal Insurance Premium

Thanks to our nominal premium charges, the best insurance for Mahindra cars will not cost you a fortune. We offer car insurance starting at ₹238/month*, which is highly affordable for all car owners.

High Claim Settlement Ratio

A high claim settlement ratio is one of the most distinguished features of our insurance plans. For the F.Y. 2023-24, we have honoured 100% of the claims from our clients.

Add-on Covers to Enhance the Scope of Mahindra Auto Insurance

We offer 10+ add-on covers, such as engine protection, zero depreciation, roadside allowance, NCB protection, etc., so you can customise your policy.

Round the Clock Customer Support

We have a dedicated customer support team that is available 24/7 to assist our customers with insurance-related queries, purchases, claim procedures, etc.

Seamless Online Processes

You can seamlessly purchase and renew a car insurance policy from your home with the help of the online purchase and renewal option, saving you time and energy.

Our claim processes are also hassle-free and quick, so the insured does not have to undergo additional stress apart from dealing with the car damage.

Comprehensive Coverage

The benefits of Mahindra car insurance include extensive coverage that protects the insured's vehicle from damage due to accidents, riots, natural or man-made disasters, theft, etc. Thus ensuring a wider coverage for the vehicle.  

Our comprehensive insurance for Mahindra offers all-around coverage, securing your vehicle against accidents, natural calamities, riots, theft, third-party liabilities, etc.

Network of Cashless Garages

Another benefit of Mahindra vehicle insurance from Reliance is that you get access to a wide network of cashless garages across India when you choose Reliance General Insurance.

Policy Customisation

You can also customise your Mahindra insurance policy by including various add-ons. You can choose from more than 10 add-ons, such as zero depreciation, engine protection, return to invoice, etc.

No Claim Bonus

For every claim-free year, we award the insured with a no-claim bonus. The insured gets a discount on the premium for the next year starting at 20% all the way up to 50%.

Type of Mahindra Car Insurance Plans

Based on your specific requirements, budget and other factors, you can choose from the following types of car insurance for Mahindra.

Standalone Own Damage Cover

Own damage car insurance is a cover that offers protection to your vehicle against damages caused by accidents, theft, natural disasters, riots and so on.

Comprehensive Cover

Comprehensive car insurance provides the widest scope of coverage. It protects you against own damage caused by accidents, theft, riots, etc., and also assists you in case of third-party liabilities. You can also further enhance your insurance protection using our add-on covers.

Third-Party Car Insurance

Every vehicle owner in India must compulsorily have third-party insurance as per the Motor Vehicles Act. A third-party insurance provides assistance if a third-party vehicle or property gets damaged by the insured's vehicle.

Pay-As-You-Drive Insurance Cover

If you occasionally drive your car, you can benefit from Pay-As-You-Drive coverage, which is usage-based insurance. Thus, you pay only for the kilometres driven by you, allowing you to save on your Mahindra car insurance premiums.

How To Buy Mahindra Car Insurance - Online and Offline

Buying Mahindra Online Insurance

  • Step 1: Visit our official website on your browser. Enter the required car information, including registration number, mobile number and email address.

  • Step 2: Next, click on the “View Prices" button. Choose your preferred car insurance type and add-on cover for your Mahindra car insurance online.

  • Step 3: Choose the IDV from the given options to get the best insurance for Mahindra cars.

  • (Note: Ensure your chosen IDV isn't too high or too low. While lower IDVs can result in lower premiums, it can also result in a lower claim amount.)

  • Step 4: Click on the “Buy Now" option, enter the required details and upload the necessary documents.  Assess the insurance details, such as the type of policy, premium break up, etc. Then, click on “Next."

  • Step 5: Carefully verify all the details displayed on the page. Then, click on “Proceed to Pay" to make the online premium payment using the methods available. Once you've completed all these steps, we will send an email containing your Mahindra vehicle insurance.

Buying Car Insurance for Mahindra Offline

  • Step 1: Locate the nearest Reliance General Insurance office using our branch locator and visit our office.

  • Step 2: Get in touch with one of our representatives and ask for assistance regarding the Mahindra car insurance purchase. Understand the different types of car insurance, add-on options, discounts, etc.

  • Step 3: Choose among our most popular Mahindra insurance as per your requirements.

  • Step 4: Fill out the application form, provide the necessary documents and pay the applicable premium.

  • Step 5: You will receive the car insurance for your vehicle instantly.

Mahindra Car Insurance Renewal Process

  1. Step 1: Visit the official Reliance General Car Insurance page if you want to perform your Mahindra insurance renewal.

  2. Step 2: Under the “Renewal"  tab, choose the “Renew car insurance" option.

  3. Step 3: Provide the existing policy number for Bolero insurance renewal and the vehicle details such as vehicle number, etc. Then, click the “Go “ button.

  4. Step 4: Review the policy details and add-on covers, if any. You may modify them to suit your requirements.

  5. Step 5: To complete the Mahindra car insurance policy renewal, pay the premium using a debit/credit card, internet banking,  or any other option.

How to Buy Car Insurance for Second-hand Mahindra Car

  1. Assess the condition of the second-hand Mahindra car and obtain the IDV of the car after considering the depreciation amount. Also, find out about the previous insurance policy, claim history, driving record of the previous owner, etc.

  2. Select a suitable car insurance for Mahindra and the add-ons that you require.

  3. Gather all the documents, including the registration certificate, driving licence, transfer certificate, previous policy documents, etc.

  4. Compare the plans available and learn about the Mahindra insurance cost. Select one that best fits your requirements.

  5. Go to our car insurance and pay for the Mahindra car insurance policy you require.

Mahindra Car Insurance Policy - Key Inclusions and Exclusions 

Inclusions of Mahindra India Car Insurance

Inclusions Details
Accident CoverageDamage due to accidents or collisions on the road is covered.
Theft CoverYou get coverage for damage due to theft of a car, depending on the IDV of the car.
Natural Calamities/DisastersDamages caused by natural calamities, such as floods, hurricanes, heavy rain, etc., are covered under the best insurance for Mahindra cars.
Man-Made EventsDamages caused by man-made events, such as riots, acts of terrorism, strikes, etc., are covered.
Explosion and FireMahindra insurance coverage also covers damages to the car caused due to fire outbreaks, explosions, etc.
Damage by Animals We also protect the insured vehicle from rat bites, animal attacks, etc.
Damage During TransitCovers the damage caused to the insured vehicle during transportation.

Exclusions of Insurance Mahindra

Exclusions Details
Accidents Due to Drunk DrivingAccidents caused by driving under the influence of alcohol and other intoxicating substances are not covered
Driving Without a LicenceWe will not cover damages if you are caught driving without a driving licence at the time of the accident.
Damages Due to WarDamages due to war are outside the scope of our coverage.
Wear and TearWe will not compensate for the damages caused by the regular wear and tear of the vehicle.
Driving Beyond India's BordersThere is no coverage for any accident that occurs outside the geographical limits mentioned in the insurance policy.
Pre-Existing DamagesAny damage to the vehicle occurring before the policy issuance is not covered.
Mechanical DefectsWe do not compensate for the mechanical faults that may exist in the vehicle.
Negligent DrivingAny damage occurring due to negligent driving is not covered.
Illegal Driving PracticesDamages caused by illegal driving practices such as racing are excluded.
Electrical DamagesAny damage to the electrical components in the car is not covered
Depreciation The car's depreciation is not covered unless the insured opts for nil depreciation.

Reliance Mahindra Insurance Add-Ons

Zero Depreciation Cover

Car insurance for Mahindra can be customised by including zero depreciation cover. It allows you to get the full value of the car at the time of claim, including depreciation.

Engine Protection

Covers the engine repair expenses if any damage occurs due to oil leakage, water ingression, etc.

Pay-As-You-Drive

This Mahindra insurance add-on allows you to pay the premium in proportion to the kilometres you drive.

Roadside Assistance

You get 24/7 roadside assistance if your vehicle breaks down or meets with a collision. It includes services such as towing your vehicle, fuel delivery, flat tire change, etc.

Return-to-Invoice Cover

You get the original invoice value of the car if the car is declared a total loss due to theft or major accidents.

EMI Protection Cover

This add-on cover takes care of the car loan EMIs when the car is under repairs for a period exceeding 21 days.

NCB Cover

NCB add-on under the Mahindra insurance policy safeguards your no-claim bonus benefit even if you claim during the policy year.

Daily Allowance

It provides allowance for alternative transportation while the car is under repairs.

Total Cover

Provides the on-road price of the car in case of total loss or damage, including the registration fee, insurance premium, road tax, etc.

RIM Protection

It covers the cost of repairing or replacing the vehicle's rim.

Tyre Protection

Provide the cost for tyre repair and replacement due to damage or wear and tear.

Electrical Accessories

It protects the car's tech enhancements, including the audio system, navigation system, etc.

Non Electrical Accessories

You can widen the scope of Mahindra insurance coverage with this add-on to protect the car's non-electrical accessories, such as seat covers and alloy wheels.

Geo Extension

You can extend the scope of your Mahindra insurance to other countries with this add-on cover.

Loss of Personal Belongings

With this add-on, you get reimbursement for the value of personal belongings that are stolen from the car, including smartphone, laptop, etc.

Consumables

It covers the cost of consumables, such as nuts, bolts, lubricants, etc., required for car repairs after an accident.

Key replacement Cover

You get reimbursement for the cost of lost or stolen car keys and locks.

Emergency Hotel Accommodation

This add-on provides the cost of hotel accommodation if your car breaks down at a distance of more than 200 km from your residence.

Electric car owners can also benefit from add-on covers for Reliance car insurance for Mahindra. We offer covers specific to EVs, such as electric vehicle chargers, electric motor protection, battery protection, etc.

Steps to Claim Mahindra Car Insurance

Mahindra Insurance Claim Process for Cashless Claim

  1. Begin the Mahindra car insurance claim process by registering the claim by calling us on (022)- 48903009. You can also use the Reliance Self-i app within 24 hours of the accident.

  2. Gather third-party information such as vehicle number, phone number, etc., involved in the collision.

  3. File an FIR (First Information Report) at a police station near you. Preserve a copy of the FIR.

  4. Submit all the necessary documents, such as claim form, RC, driving licence,  insurance copy, etc.

  5. Take your car to the nearest network garage, where it will undergo an inspection. The garage will give an estimated cost of repairs, and upon our approval, the repair will begin.

  6. Once the repair is done, the garage bill will be settled by us directly.

Mahindra Car Insurance Claim Process for Reimbursement

  1. Register the claim and file an FIR (if applicable) as mentioned in the cashless claim process. (Steps 1 to 3).

  2. You can take your vehicle to any garage of your choice for repairs and avail of the necessary repair services.

  3. Make the payment for the repair services and preserve the invoices.

  4. Inform us about the repair services, and submit the claim form and the repair bills. We will assess the repair expenses and reimburse the approved amount.

  5. You can track the status of your claim with your Mahindra insurance login or policy number.

Documents Required to Claim Mahindra Car Insurance Claim

When filing a claim for your Mahindra car insurance policy, you must submit the following documents:

  • An accurately filled and signed claim form

  • Mahindra Motor insurance policy

  • Vehicle Registration Certificate

  • Copy of the driving licence of the individual driving the vehicle.

  • FIR copy (for third-party involvement and accidents)

  • Identity and address proof

  • Repair bills and invoices (in case of reimbursement claim)

You can refer to the complete list of documents for the Mahindra insurance claim.

Mahindra Car Insurance Claim: Cashless Vs Reimbursement

Comparative Parameters Cashless Claim Process Reimbursement Claim Process
Claim ProcessThe Mahindra cashless insurance claim process is simpler and quicker.The reimbursement claim process can be longer as you first pay the garage and then receive reimbursement from us.
Choice of Network GarageUnder cashless insurance, you can get repairs only from garages listed in our Mahindra cashless insurance company list.When you opt for Mahindra insurance reimbursement, you can have the vehicle repaired from any garage of your choice.
Documentation The claim is settled with minimum documentation in cashless car insurance for Mahindra. Detailed documentation is needed for the reimbursement claim of Mahindra motor insurance.

Car Insurance Premium for Mahindra Car Models

The following factors play a pivotal role in deciding the premium of your car insurance.

IDV of the Vehicle

IDV is the fair market value of the car, which decreases with time. Your Mahindra car insurance premium depends on the IDV. The higher the IDV of the vehicle, the higher the insurance premium and vice versa.

Driver's Records

A driver with clean driving records is considered safe and is charged a lesser premium for car insurance for Mahindra than a driver who has fines and penalties on their records.

Geographical Location

Another crucial factor that affects Mahindra vehicle insurance is the location or the city where the policy is being purchased. Metropolitan cities are more prone to accidents. Hence, the premiums are higher than other places.

Make and Model of the Car

If you have a high-end car or a sports car with expensive spare parts, you are likely to pay a higher premium. The premium for Mahindra insurance is also determined based on the cubic capacity of the cars. So, variants with larger engines can increase the overall premium.

Some other factors that affect insurance premiums include the frequency of claims, safety features in the vehicle, NCB, Mahindra vehicle insurance coverage scope, etc.

How to Calculate Mahindra Car Insurance Premium

  • Navigate to our car insurance calculator page to calculate your Mahindra car insurance rates.

  • Provide your vehicle details, such as the car registration number, email ID, phone number, etc.

  • Click on the “Check our prices" tab.

  • Next, choose the type of Mahindra insurance for a car you are looking for. You can also select the add-ons you wish to include.

  • The final quote for Mahindra insurance premium will be displayed on the screen.

Mahindra Insurance: Third Party Insurance Premium

The IRDAI decides the premium rates for third-party insurance based on the engine's cubic capacity. Here are the insurance premium rates according to your car's cubic capacity.

Engine Capacity Premium for One Year (in ₹)
Up to 1000 cc2,094
1000 cc up to 1500 cc3,416
More than 1500 cc 7,897

Insurance Premium for Electric Cars

Battery Capacity Premium for One Year (in ₹)
Up to 30 kW1,780
30 kW - 65 kW2,904
More than 65 kW6,712

Mahindra Cars: Overview and USPs

Mahindra & Mahindra is one of the largest vehicle manufacturers in India. The brand is known for producing a wide range of vehicles(commercial and passenger) including SUVs, pick up vehicles, EVs, buses, trucks, etc.

  • It is renowned for producing safer and sturdier vehicles with high ground clearance for rugged roads.

  • You will find multiple ranges of vehicles produced by Mahindra & Mahindra at varying prices to fulfil the requirements of all customers.

  • With spacious interiors, a ride in a Mahindra vehicle will never feel enough.

  • The safety features in Mahindra cars are always on point, including high-strength steel for the midsection, plenty of airbags, traction control, ESC and much more.

  • Moreover, Mahindra cars boast an outstanding resale value in the market, even after a decade. 

Mahindra Car Models and Prices

Mahindra Car Model Ex-Showroom Price (Delhi)
Mahindra Thar₹11.34- ₹17.60 lakhs
Mahindra Scorpio₹13.61- ₹17.41  lakhs
Mahindra XUV500₹12- ₹20.07 lakhs
Mahindra Bolero₹9.79 - ₹10.91 lakhs
Mahindra XUV300₹7.99- ₹14.76 lakhs
Mahindra Marazzo₹14. 59- ₹17 lakhs
Mahindra KUV100 NXT₹4.57 - ₹7.28 lakhs
Mahindra TUV300₹8.59- ₹10.61 lakhs
Mahindra Alturas G4₹27.7 - ₹31.88 lakhs
Mahindra eVerito₹5.28-₹11.80 lakhs

Mahindra Car Models for Which Reliance Offers Insurance

Mahindra Bolero InsuranceMahindra Xylo InsuranceMahindra Marazzo Insurance
Mahindra XUV 500 InsuranceMahindra TUV 300 Plus Insurance Mahindra Scorpio Insurance
​Mahindra Thar InsuranceMahindra NuvoSport InsuranceMahindra Verito Insurance

Frequently Asked Questions

  • What's covered in Mahindra car insurance?

    Mahindra car insurance covers damage and loss from various factors, including theft, accident, natural calamity, riots, vandalism, in-transit, third-party liability, fire and explosion, animal attack, rat bites, personal accident cover and so on.

  • Are any discounts available for Mahindra car insurance?

    Reliance General Insurance offers up to 90%* discounts when you buy Mahindra car insurance online. Further, if you renew the policy and have not made any claim in the previous year, you can enjoy a no-claim bonus.

  • Can I customise my Mahindra car insurance policy?

    Yes, Reliance General Insurance offers multiple add-on options, which allow you to customise your policy according to your requirements and budget.

  • Can I transfer my Mahindra car insurance to a new owner?

    Yes,  you can transfer Mahindra's car insurance to the new owner by submitting a request letter to the insurance provider. According to section 157 of the Motor Vehicles Act, it is the seller's responsibility to transfer the insurance policy to the new owner within 14 days from the sale date.

  • Are there add-ons for Mahindra car insurance?

    Yes, when you buy car insurance from Reliance General Insurance for your Mahindra car. Some of the add-on options are as follows:

    1. Return-to-invoice cover

    2. Nil depreciation cover

    3. Tyre cover

    4. Engine protection

    5. EMI protection cover

    6. Consumable expenses

    7. Geo extension

    8. Electrical accessories

    9. Emergency hotel accommodation, etc.​

  • What's the cost of Mahindra car insurance?

    Reliance General Insurance offers affordable insurance for Mahindra cars starting at ₹238/month. However, the cost of Mahindra car insurance depends on various factors, such as the extent of coverage, car model, IDV of the car, driver records, etc.

Disclaimer: *T&C Apply. For more details on risk factors, terms conditions, brochure, and exclusions, please read the policy wording and CIS carefully before concluding a sale.

Customer Count: The total no. of customers insured data is for FY24 and has been picked up from the number of lives insured for Health, Personal Accident, Overseas Travel, Domestic Travel, Workmen Compensation and Crop Insurance, Weather LOB & Fire LOB provided by IRDAI count that is master policy count. Other than these LOBs, we have also provided data for the number of certificates issued.

Claim Settlement Ratio: This is the overall claim settlement ratio for FY 2023-24 without claim outstanding at the start of the financial year as per public disclosure of Reliance General Insurance Co. Ltd.

Premium: The premium mentioned for car Insurance excludes taxes for the private car model Maruti Suzuki Alto 800 with a cubic capacity of less than 1000 cc for a 1-year Own Damage Insurance policy for an IDV of ₹2,34,728. The premium used is 2,853/year as of 1 March 2023 and then converted into a per-month basis, which gives us ₹238/month (2,853/12).

Discount: The discount varies basis vehicle specifications, No Claim Bonus discount and Geographical location of the vehicle to be insured. Discounts have been calculated on the basis of the rates prescribed under erstwhile Indian Motor Tariff. Discounts are applicable only to the Own Damage section and discounts may vary as per ​the vehicle make, model, RTO, age of the vehicle and addition of add-ons like Reliance Limit Sure-Pay As You Drive.​

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