Mahindra Bolero Car Insurance

Buy Reliance Mahindra Bolero Car Insurance starting at just ₹238/month*

Mahindra Bolero is a popular SUV due to its robust build, consistent performance, and reliability on both urban and rugged roads, thus making it the top pick among families for years. A car as rugged as this one demands comprehensive protection to maintain its durability and performance.

By opting for Reliance General Insurance's Mahindra Bolero car insurance, you ensure that your Bolero is safeguarded against various risks and kept in prime condition.

Reliance car insurance for Mahindra Bolero ​offers the following benefits:

How to Buy Mahindra Bolero Car Insurance - Online & Offline?

Steps to Buy Mahindra Bolero Car Insurance Online

1. Visit the Reliance General Insurance homepage and click on the “car insurance" tab.
2. Enter the details of your Bolero car along with your contact details, such as mobile number and email address.
3. Submit your input, after which you will receive an instant quote based on your car's make and model and policy type.
4. Review the quote and add additional coverage options as required.
5. Complete the payment using online payment modes. You will receive your policy document at your registered email address.

Steps to Buy Mahindra Bolero Insurance Offline

For a more personalised experience, you can purchase your Mahindra Bolero car insurance policy offline:

1. Visit the nearest Reliance General Insurance branch. Use our Branch Locator tool.
2. Discuss the various car insurance plans available with our experts.
3. Choose your preferred coverage and fill out the necessary forms.
4. Submit the required documents and complete the payment using your preferred method.

Steps for Mahindra Bolero Car Insurance Renewal Online

Renewing your Mahindra Bolero yearly insurance is straightforward with Reliance General Insurance:

1. Go to the Reliance General Insurance website.
2. Click on the “Renewal" tab and select “Renew Car Insurance ".
3. Enter your car's details and the existing policy number.
4. Adjust add-ons if necessary, then review and confirm your renewal.
5. Complete the payment to finalise the Bolero insurance renewal process.

How to Buy Second-Hand Mahindra Bolero Car Insurance?

If you've purchased a second-hand Mahindra Bolero, here's how to get it insured via our Mahindra Bolero car insurance:

1. We will first complete a thorough inspection of your car to determine the car's engine health, age and other important parameters. This step helps us determine the premium and give you an accurate estimate of the coverage required.
2. Next, collect the necessary set of documents before proceeding with the online buying process. In addition to the standard documents, you also need signed forms 29 and 30 by the previous car owner and a copy of the successful RC transfer.
3. Once you have all the documents ready, proceed with the online buying process by visiting our car insurance page and following the steps mentioned above. Ensure that you opt for adequate coverage that fits your needs.
   
   Also Read: ​How to Transfer Car Insurance while Buying A Second-Hand Car

Why Do You Need Mahindra Bolero Car Insurance?

Mahindra Bolero is a popular SUV that offers a sturdy driving experience. However, driving a car on Indian roads requires compliance with certain laws and regulations set by the Ministry of Road Transport and Highways.

Here are important reasons why you should buy car insurance for your Mahindra Bolero:

Compliance with Laws

As mentioned, according to the Motor Vehicle Act of 1988, every vehicle owner in India must have at least third-party insurance. Failure to comply with this law results in paying hefty fines and penalties. Thus, it is important to have Mahindra Bolero car insurance to avoid fines.

Financial Protection

Car driving exposes you to some unprecedented risks and circumstances that can result in significant financial losses. However, if your Mahindra Bolero car is secured with reliable car insurance, the cost of repairs can be covered through your plan, reducing the financial strain.

Peace of Mind

Knowing that your car is covered against various perils and that your finances are secured effectively, you can drive confidently with peace of mind. Additionally, our Mahindra Bolero insurance provides value-added services that make the entire process stress-free.

Our Mahindra Bolero car insurance plans provide medical coverage for you and your passengers in case of an accident, in addition to vehicle coverage.

Features and Benefits of Reliance Car Insurance for Maruti Bolero

Reliance General Insurance offers a range of features designed to enhance your experience as a Bolero owner. Here are some key benefits of our Bolero car insurance:

Hassle-Free Buying and Claiming Insurance

You can complete our buying, claiming or Mahindra Bolero car insurance renewal India via our website or Reliance Self-i App. This saves valuable time and effort and increases accessibility to our services.

IDV Customisation

This feature allows you to customise your IDV among three given options, with our own-damage or comprehensive Mahindra Bolero insurance plans. This ensures that your Bolero is adequately covered.

Personal Accident Cover

With us, you also get coverage for owner-driver and passengers with the Personal Accident Cover. We offer coverage of up to ₹15 lakhs for medical expenses, disability or even death due to an accident.

Third-Party Liabilities

Our Mahindra Bolero insurance policy covers third-party liabilities, saving you from financial burdens. Moreover, our third-party car insurance offers unlimited liability for personal damage.

24/7 Customer Support

Reliance General Insurance gives you access to our dedicated support team anytime, whether for assistance during an emergency or help with your policy.

No-Claim Bonus

Enjoy up to a 50% discount on premium for five claim-free years and save a significant amount on premium prices.

High Claim Settlement Ratio

Our 100% claim settlement ratio for FY 2023-24 ensures swift and reliable claim processing. It also reflects on our transparent processes and quick turnaround time.

Video Claims

Experience a seamless claim process with our video claim feature that fastens the claim or renewal process. This feature is easily accessible through the Reliance Self-i App.

Pay-As-You-Drive Insurance

This feature makes our insurance one of the best insurance for Mahindra Bolero cars, as it gives you an opportunity to adjust the premium prices based on your car usage.

Wide Range of Add-Ons

Enhance your coverage with over 10 add-ons, including Nil Depreciation, Engine Protection, Key Protection and more.

Types of Mahindra Bolero Car Insurance Plans

Mahindra Bolero Insurance Coverage: Inclusions and Exclusions

Mahindra Bolero Insurance Policy: Inclusions

• Damage to third-party vehicle or property
• Mandatory Personal Accident Cover for injuries, permanent disability or death of owner-driver.
• Damage to your own vehicle from:
• Lightning, explosion, fires and self-ignition
• Theft or burglary
• Accidents
• Natural disasters (earthquakes, floods, etc.)
• Damage during transit
• Terrorist activities
• Total damage/theft due to accidents
• Specific add-on coverage with add-ons like Nil Depreciation, Roadside Assistance, etc.

Insurance of Mahindra Bolero: Exclusions

• Accidental loss outside the geographical area
• Claims arising from contractual liabilities
• Using the vehicle beyond its intended use
• Driving without a valid licence
• Driving under the influence of alcohol or drugs
• Damages from nuclear weapons or war-like operations
• Regular wear and tear
• Damages due to driver negligence
• Consequential loss

Mahindra Bolero Insurance Add-On Covers

• Return to Invoice : Reimburses your Bolero's full original invoice amount in the event of a total loss.
• EMI Protection Cover: Covers up to 3 EMI loan payments if Bolero's repairs take more than 21 days.
• Pay-As-You-Drive Insurance: This allows you to tailor premiums based on your driving frequency.
• 24x7 Roadside Assistance: This add-on gives you assistance during breakdowns or emergencies, such as tyre changes and vehicle breakdowns.
• Engine Protection Cover: This provides financial protection against expensive engine repairs.
• Nil Depreciation Cover: This ensures that you receive the entire claim amount and covers the full cost of repair or replacement without depreciation rates.
• NCB Retention Cover: This cover helps you retain your no-claim bonus even when you make a claim.
• Total Cover: With this add-on rider, you get full compensation for severe damage or total loss of your Mahindra Bolero.
• Tyre Protection Cover: This provides financial coverage for repairs and replacement of damaged tyres.
• Consumables Cover: This covers the expenses incurred while replacing consumables, like oil, nuts and bolts, etc., during accidental repair work.
• Daily Allowance Benefit: This insurance covers the expenses of taking an alternate mode of transport while your car is being repaired.
• Key Replacement Cover: In case you lose your keys or they are stolen, you get the costs of replacing them and the locks reimbursed with this add-on (if applicable).
• RIM Protection: RIM damage or loss is common. Thus, this add-on provides coverage for the cost of repair or replacement of damaged rims.
• Loss of Personal Belongings: If your personal items are stolen or damaged in case of theft or any other incident, this add-on will cover its cost.
• Geo Extension: You can get coverage in a foreign country using this add-on and extending your coverage.
• Electrical Accessories: This ride covers electrical accessories against damage or theft that the manufacturer installs.
• Non-Electrical Accessories: This add-on covers non-electrical vehicle accessories against damage or theft.
• Emergency Hotel Accommodation: In case you are stranded due to a vehicle breakdown, this add-on will cover the cost of emergency accommodation.

Mahindra Bolero Car Insurance Claim Process

Steps for Mahindra Bolero Insurance Claim: Cashless Repairs

1. Report your claim within 24 hours of the incident via our helpline, Reliance Self-i App, or online.
2. Bring your Bolero to an authorised network garage or request towing.
3. Complete the claim form and submit the necessary documents.
4. A surveyo​r will assess the damage for claim verification.
5. Once approved, repairs will be carried out, and Reliance will settle the costs directly with the garage.
   
   Note: Uninsured parts, deductibles, or depreciation must be settled by you.

Steps to Claim Mahindra Bolero Insurance Policy: Reimbursement Claims

1. File your claim within 24 hours of the incident.
2. Collect all evidence, including photos, videos, FIRs, etc.
3. Get your Bolero repaired at any garage and pay upfront.
4. Submit the claim form, repair invoices, and documents.
5. After review, the reimbursement will be processed.

Documents for Mahindra Bolero Insurance Claim

To process your insurance for the Mahindra Bolero claim, the following documents are generally required:

• Filled and signed motor claim form
• FIR copy (if applicable)
• Vehicle registration certificate copy
• Original repair bills
• Forms 28, 29, and 30.
• Driver's licence copy
• Policy certificate and number
• Any other documents pertinent to the case.
  
  Review the full list of documents required as per your claim type on our website.

Mahindra Bolero Car Insurance Claims: Cashless vs. Reimbursement

Mahindra Bolero Car Insurance Premium

Several factors influence the premium of Mahindra Bolero car insurance. At Reliance General Insurance, we consider the following when determining the best insurance premium for your Mahindra Bolero:

Car Specifications

The vehicle's specifications significantly influence your Mahindra Bolero insurance premium. Key factors include the make and model of the vehicle, the type of vehicle and the type of fuel.

Coverage Requirements

The type of coverage you select greatly impacts your Mahindra Bolero insurance cost. The choice between comprehensive or third-party insurance, the addition of riders and other customisations can all alter the premium amount.

Vehicle's Insured Declared Value (IDV)

The IDV represents your vehicle's market value, directly impacting your premium. A higher IDV results in a higher premium but ensures greater compensation in the event of a claim. Conversely, a lower IDV reduces the insurance cost and the potential claim amount.

Geographical Location

Where your Mahindra Bolero is registered plays a role in determining your insurance premium. Vehicles in areas with high traffic density or regions prone to natural disasters may attract higher premiums. Conversely, living in a rural or low-risk area might reduce your insurance costs.

Claim History

Your driving history and previous claims influence your Mahindra Bolero insurance premium. A clean record often results in lower premiums, as it indicates responsible driving. Frequent claims or traffic violations, however, can lead to higher premium rates.

How to Calculate Mahindra Bolero Car Insurance Premium?

Calculating your Mahindra Bolero car insurance premium is essential before purchasing a policy. Reliance General Insurance provides an online premium calculator to help you estimate costs. Here's how you can use it:

• Visit our car premium calculator page.
  
• Enter details such as your car's registration number, email, phone number, and any existing policy details.
• Instantly receive an estimate of your Mahindra Bolero insurance amount.
  
  The calculator shows how factors like the vehicle's age, model and coverage type affect the premium, helping you make an informed decision.

Mahindra Bolero Insurance Price: Third-Party Insurance Premium

For third-party insurance, the Insurance Regulatory and Development Authority of India (IRDAI) sets the premium rates based on your vehicle's engine capacity. Depending on your Bolero's cubic capacity, you can find the applicable third-party bolero insurance 1-year price.

Bolero Insurance Thir​​d-Party Price for Private Cars

Mahindra Bolero Car Insurance Rates for El​​ectric Cars

Mahindra Bolero - Overview and USPs

The Mahindra Bolero stands out with its rugged design and robust performance, making it a reliable choice for both urban and rural terrains. Here are some of the unique selling points for the 20-year-old iconic SUV:

• Sturdy Build: The Bolero's tough body, high ground clearance and dual airbags make it ideal and secure for challenging road conditions.
• Spacious Interior: Designed with premium cabin space, the Bolero ensures comfort for all passengers, even on long journeys.
• Advanced Infotainment System: Equipped with a user-friendly infotainment system with Bluetooth connectivity, enhancing the driving experience with modern connectivity features.
• Fuel Efficiency​: Bolero is known for its Micro-Hybrid technology that gives you uncompromised mileage for long drives on any terrain.
• Reliable Performance: Whether on highways or off-road, the Bolero delivers consistent and dependable performance with its powerful mHAWK75 Engine.
  
  These features make the Mahindra Bolero a preferred choice for those seeking a vehicle that combines durability, practicality, and affordability.

Mahindra Bolero - Models and Prices

Mahindra Car Insurance for Which Reliance Offers Insurance (Model Names)

Frequently Asked Questions

• How do I buy Mahindra Bolero motor insurance?
  You can buy our Mahindra Bolero car insurance policy online or offline, depending on your requirements. Follow the steps mentioned above to buy our car insurance policy easily.


• Are there discounts for Mahindra Bolero insurance?
  We offer no-claim discounts for your claim-free years. These are applied at the time of policy renewal. Additionally, we offer up to 80% discounts on premiums when you buy your Bolero car insurance plan online.


• Can I transfer my Mahindra Bolero insurance?
  Yes, you can transfer your existing Mahindra Bolero insurance to Reliance General Insurance. Moreover, you can also retain the discounts accumulated with your previous insurer.


• How much does Mahindra Bolero's insurance cost?
  Your Mahindra Bolero full insurance price depends on:
• ​Age of your car
• Claim history
• Driving history
• Modifications
• Location
• Make and model​​
  

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.