Mahindra Bolero Pickup Insurance Price & Policy Renewal Online

Own Damages for Third-Party Policy holder

In the case of a Third-Party Liability Only Policy, damage to your own vehicle won’t be covered.

Drunk Riding or without a Licence

If the owner-driver of the claimed vehicle is drunk or driving without a valid licence.

Contributory Negligences

Any damage caused due to contributory negligence of the driver (such as driving when there’s an existing flood).

Consequential Damages

Any damage that is not a direct result of the accident/natural calamity i.e., consequential losses like loss of earnings, loss of market, etc.

Zero Depreciation Cover

Every vehicle goes through regular wear and tear over time, leading to depreciation in value of its parts. As a result, this amount is usually deducted at the time of claim. So, the Zero Dep add-on ensures that this depreciation on the vehicle is not considered at the time of claim and that you get a higher compensation.

Consumable Cover

A consumable cover goes beyond regular coverage and offers financial protection to vehicle's bits and pieces, like the nuts and bolts, screws, engine oil, and grease, in case of an accident.

Engine and Gear Box Protect

In case your Bolero Pickup’s engine or gearbox gets damaged in an accident, due to things like water regression or leakage of lubricating oil, this add-on will come to your rescue! The add-on covers any consequential damage caused after the accident (but because of it) to the gearbox and engine.

Breakdown Assistance or Roadside Assistance

Since commercial vehicles are frequently used, like your Bolero Pickup, they are also more prone to breakdowns on the road, probably due to an accident, flat tires, malfunctioning battery, or more. In such cases, breakdown assistance add-on helps you by keeping assistance at your beck and call 24x7! 

Loss of Revenue

This add-on helps to financially cover Mahindra Bolero Pickup by compensating for any loss of income that could occur while your commercial vehicle is not available when it’s being repaired due to damage.

Additional Towing Expenses

If your commercial vehicle gets in an accident, it will need to be towed to a garage to be repaired, which would cost you extra. So, to compensate for such expenses, get this add-on, as it covers the additional expenses of moving your vehicle from the accident spot to the nearest garage or place of safety.

EMI Protection Cover

This add-on helps pay regular EMIs to the financier of the vehicle in case your vehicle is taken on a loan and is damaged by an accident, causing a loss of your business.

Debris Removal Expenses

This add-on cover compensates you for the expenses incurred towards cleaning up, removing debris, wreckage, or transshipment of goods from the insured goods carrying commercial vehicle to another vehicle, in case the insured Bolero Pickup suffers accidental damage or loss. The maximum amount is payable up to the Sum Insured opted by you.

Personal Accident Cover

Your Bolero Pickup insurance online policy should have a PA cover to protect you for bodily injury or death of the owner-driver in case of an accident. Also, having personal accident cover is compulsory by law in India.

Unnamed PA Cover

Passengers in the insured Mahindra Bolero Pickup at the time of any accident are safeguarded against any injuries with the help of this add-on cover.

Legal Liability

Protect your truck and the business for which the insured Mahindra Bolero Pickup is used, against any legal liability that may arise due to an injury caused to your employees or someone who works for you, by getting this cover.

IMT 23

This add-on cover protects your Mahindra Bolero Pickup against any loss or damage to insured vehicle’s lamps, tyres, tubes, mudguards, bonnet, side part bumpers, headlights and paintwork in all cases, even in case of partial damage.

Electrical Accessories

All electrical accessories fitted in your insured Pickup, which is not a part of the manufacturer’s model, are covered under this add-on.

Non-Electrical Accessories

All non-electrical accessories fitted in your insured Pickup, which is not a part of the manufacturer’s model, are covered under this add-on.

Special Exclusions & Compulsory Deductibles

This add-on reduces your premium as you only have to pay a certain amount as your share of the loss, called the compulsory deductible. Additionally, it also covers the loss or damage to Pickup’s lamps, tyres, tubes, mudguards, bonnet, side part bumpers, headlights and paintwork if your vehicle is completely damaged.

Comprehensive or Standard Package Plan

Comprehensive commercial vehicle insurance protects your own Mahindra Bolero Pickup as well as covers the third-party for bodily injury or property damage. With this Bolero Pickup insurance online policy, you get enhanced protection against injuries, damage, natural disasters, and theft and the option to choose suitable add-ons as well.

Third-party or Liability Only Plan

This Mahindra Bolero Pickup insurance policy offers protection only against damage or loss to third-party vehicle, property or person. It is mandatory in India to have at least third-party liability insurance for commercial vehicles.

Also, no add-ons are available with this policy, and the premium price for a third-party liability policy is fixed by IRDAI.

Insured Declared Value (IDV)

IDV in insurance is the maximum amount that you receive in case your Bolero Pickup faces total loss or is stolen. So, the higher you set the IDV, the higher the Bolero Maxi Truck insurance price.

Vehicle Age and Model

The Bolero Maxi Truck insurance price also depends upon its model and the age, as top models may have higher premium due to expensive vehicle parts.

Insurance Plan Type

Comprehensive insurance for Bolero Pickup is often available at a higher premium price than a third-party policy.

Add-On Covers

Opting for add-on covers with Mahindra Maxi Truck insurance also increases its premium as these are available at and additional minimal amount. So, depending on the type and number of add-ons chosen, your premium will increase.

Location

The city where you drive your Mahindra Bolero Pickup also affects its insurance premium. For example, driving in accident-prone areas fetches higher premium.

No Claim Bonus (NCB)

NCB in motor insurance is a discount offered on the premium as a reward for not filing a claim in the previous policy year, which gets accumulated to up to 50% over the years. So, having an NCB can significantly reduce your commercial vehicle premium.

Voluntary Deductibles

Opting for a higher voluntary deductible also helps reduce the Bolero Maxi Truck insurance price, as it means the policyholder agrees to pay a higher amount out of pocket in case of a claim.