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Mahindra Bolero Pickup Insurance Price & Policy Renewal Online
The Mahindra Bolero Pickup is a popular commercial vehicle in India that can be used for various tasks and is known for its durability and performance. In 2025, getting a Mahindra Bolero Pickup insurance online is easier than ever.
You can choose from a comprehensive and third-party commercial vehicle policy; however, the premium of insurance for Bolero Pickup depends on factors such as the vehicle's model, age, and coverage type.
So, here’s everything you need to know about Bolero Pickup insurance online so that you can protect your vehicle and with peace of mind!
What is Bolero Pickup Insurance?
Bolero Pickup Insurance is a type of commercial vehicle insurance specifically designed to cover the Mahindra Bolero Pickup. This insurance for Bolero Pickup provides financial protection to the vehicle against damage or losses due to accidents, theft, fire, natural calamities, and other unforeseen events.
It also covers third-party liabilities, which include damage to third-party property or injuries to third parties caused by your Mahindra Bolero Pickup.
Is Bolero Pickup Insurance Mandatory?
Yes, Mahindra Bolero Pickup Insurance is mandatory in India. As per the Motor Vehicles Act, all commercial vehicles are required to have at least Liability Only commercial vehicle insurance to drive legally on the Indian roads.
However, if you want enhanced coverage, you can also go for the Standard Package Policy that covers both third-party liabilities and own damage.
Why Should You Buy Bolero Pickup Insurance?
Mahindra Bolero Pickup insurance online is important and here’s why you should have an insurance policy in place:
Mandatory by Law: Having at least a third-party insurance policy is mandatory by law in India. So, get insurance for Bolero Pickup to avoid penalty and fine.
Financial Protection: Bolero Pickup Insurance online policy has your back financially in any unfortunate situation as it provides coverage against various risks such as accidents, theft, fire, and natural disasters. This ensures you are financially safe and secure in unexpected events.
Third-Party Liability Coverage: An insurance policy also covers damage or injuries caused to third parties by your Bolero Pickup, protecting you from potential legal and financial liabilities.
Add-on Covers: With a comprehensive Mahindra Maxi truck insurance, you also get the option to choose add-ons for enhanced protections, catering to your different needs.
Peace of Mind: Lastly, knowing that your commercial vehicle is insured in unfortunate events gives you peace of mind and allows you to run your business profitably.
Why Choose Digit for Bolero Pickup Insurance?
Key Features of Bolero Pickup Insurance by Digit
Key Features | Digit Benefit |
---|---|
Claim Process | Paperless Claims |
Customer Support | 24x7 Support |
Premium | Customized as per type of commercial vehicle & number of vehicles to be insured |
Additional Coverage | PA Covers, legal liability cover, special exclusions and compulsory deductibles, etc. |
Damages to Third-Party | Unlimited liability for personal damages, up to 7.5 lakhs for property/vehicle damages |
What's Covered in Bolero Pickup Insurance by Digit?
What's Covered in Bolero Pickup Insurance by Digit?
What’s Not Covered?
It is equally important to know what’s not covered in your commercial vehicle insurance policy so that there are no surprises when you make a claim. Here are some such situations:
In the case of a Third-Party Liability Only Policy, damage to your own vehicle won’t be covered.
If the owner-driver of the claimed vehicle is drunk or driving without a valid licence.
Any damage caused due to contributory negligence of the driver (such as driving when there’s an existing flood).
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.
Add-ons Available with Bolero Pickup Insurance
Here are the add-ons available with Digit for commercial insurance policy that offer enhanced protection for Mahindra Bolero Pickup:
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.
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.
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.
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!
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.
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.
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.
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.
Additional Coverages or Endorsements Available
You also get optional covers for Bolero Pickup insurance online for enhanced coverage to protect in all circumstances. These include:
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.
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.
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.
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.
All electrical accessories fitted in your insured Pickup, which is not a part of the manufacturer’s model, are covered under this add-on.
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.
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.
Types of Bolero Pickup Insurance Plans
Primarily two Bolero Pickup insurance policies are available for this commercial vehicle. However, considering the risk and wide use of this vehicle, it’s recommended to take a Standard Package Policy that will financially protect the vehicle and the owner-driver as well.
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 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.
Third Party vs Comprehensive Bolero Pickup Insurance11
Liability Only | Standard Package |
Damages caused by your Mahindra Bolero Pickup to any third-party person or property |
|
Damages caused to any third-party person or property by the vehicle being towed by your insured vehicle |
|
Loss or damages to own Bolero Pickup due to natural calamities, fire, theft or accidents |
|
Injury/death of owner-driverInjury/death of owner-driver If owner-driver doesn’t already have a Personal Accident Cover from before |
|
Get Quote | Get Quote |
How to Buy Bolero Pickup Insurance Policy Online?
Step 1
On the Digit app or website, enter the commercial vehicle’s registration number, mobile number, and click on ‘View Prices.’
Step 2
Select the plan, add-ons and IDV, and click on ‘Continue.’
Step 3
Enter your personal, nominee and vehicle details and click on ‘Pay Now.’
Step 4
Complete the payment and mandatory KYC verification process.
Step 5
You’re done! You’ll receive the policy document via email, SMS and WhatsApp. Also, you can access it 24X7 on the Digit App.
How to Download Bolero Pickup Insurance Policy on Digit App?
Step 1 - Login to the Digit app and go to the ‘My Policies’ tab at the bottom of the screen. All your policy documents will be available there.
Factors Affecting Bolero Pickup Insurance Premium Price
Here are some important things that affect the Bolero Maxi Truck insurance price:
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.
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.
Comprehensive insurance for Bolero Pickup is often available at a higher premium price than a third-party policy.
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.
The city where you drive your Mahindra Bolero Pickup also affects its insurance premium. For example, driving in accident-prone areas fetches higher premium.
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.
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.
Why Should You Buy Mahindra Bolero Pickup?
Here’s why you should buy Mahindra Bolero Pickup for commercial purposes:
- The commercial goods-carrying vehicle is known for its robust build, durability, and impressive performance, making it ideal for heavy-duty use.
- It has a high payload capacity of up to 1700 kg that allows it to carry substantial loads.
- The Bolero Pickup is equipped with a powerful m2DiCR engine that delivers consistent and reliable performance.
- It offers good fuel efficiency, making it economical for long journeys.
- The vehicle also offers comfort to passengers and drivers with its power steering, adjustable driver seat, and mobile charging point. Additionally, its safety features are also top-notch such as engine immobilizer, ELR seat belts, and a strong metal bumper.
- Further, the vehicle is protected with Mahindra's extensive service network, which ensures easy and quick maintenance and support.
Mahindra Bolero Pickup Specifications
The salient features of Mahindra Bolero Pickup are:
Parameters | Specifications |
Engine | m2DiCR 4-cylinder, 2523 cc, 75.09 bhp @ 3200 rpm, 200 Nm @ 1400-2200 rpm |
Transmission | Manual, 5-speed |
Dimensions | Length: 5215 mm, Width: 1700 mm, Height: 1865 mm, Wheelbase: 3264 mm |
Ground Clearance | 195 mm |
Payload Capacity | Standard: 1700 kg, ExtraLong Variant: Up to 1500 kg |
Fuel Efficiency | Approximately 14.3 km/l |
Comfort Features | Power steering, adjustable driver seat, mobile charging point |
Safety Features | Engine immobilizer, ELR seat belts, strong metal bumper |
Convenience Features | Advanced AMT, Small turning radius of 6.5 m, Rear Parking Assist with Ultrasonic Sensors |
Types of Mahindra Bolero Pickup Variants and Prices
Here are the approximate Mahindra Bolero Pickup prices for its different variants:
Bolero Pickup Variants | Delhi Ex-showroom Prices (as of January 2025) |
1.3T MS CBC | ₹9,70,002 |
1.3T MS | ₹10,22,999 |
4WD PS | ₹10,32,000 |
1.3T PS | ₹10,33,001 |
Bolero Pik-up AC | ₹10,58,701 |
FAQs about Bolero Pickup Insurance
Which is the most suitable Mahindra Bolero Pickup insurance plan?
Based on your needs, if you need coverage for both third-party liabilities and own damage, then a comprehensive plan is the best for you. However, if you want minimal coverage, then you can go for third-party liability cover.
What category does the Bolero Pickup insurance fall under?
You can get your Mahindra Bolero Pickup insured easily by getting a commercial vehicle insurance policy at Digit, designed specifically for such good-carrying commercial vehicles.
How can I purchase my Mahindra Bolero Pickup insurance online?
You can easily buy insurance for Bolero Pickup online through Digit’s app or website, by following a few simple steps.
What is the Bolero Maxi Truck insurance price?
The Bolero Maxi Truck insurance price depends on various factors such as the Pickup variant and age, coverage type, add-ons chosen, IDV, NCB, and the location where it is driven.
How can I lower the Bolero Maxi Truck insurance price?
To reduce your insurance premium, you can:
- Retain your No Claim Bonus (NCB)
- Lower your IDV
- Get only the necessary add-ons
- Compare insurance quotes online
- Opt for voluntary deductibles
Do I need Police FIR to file an insurance claim for my Mahindra Bolero pickup?
Yes, you will need a copy of the Police FIR when filing for a third-party liability or theft claim against your Mahindra Bolero Pickup insurance.