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Mahindra Bolero Pick-up Insurance
Mahindra Bolero is a rugged and powerful four-wheeler in the pickup category from the Indian multinational automaker Mahindra Group. Known for its durability and performance, this vehicle has gained massive popularity among business owners, transporters, and rural entrepreneurs across India.
Available in multiple variants including Bolero Pick-up 1.3T, 1.5T, 4x4, and 2022 models, it remains one of the most dependable commercial vehicles on road. Whether you are looking for a new or second hand Bolero pick up, insurance protection is essential.
To keep your vehicle legally compliant and financially protected, you can easily buy or renew Mahindra Bolero Pick-up Insurance online at PolicyLegit.com. Whether you are looking for 1 year insurance, a new policy, or a hassle-free pick up insurance renewal, PolicyLegit makes the process simple, fast, and transparent.
Mahindra Bolero Pick-up Insurance Plans#1
Addons
- IMT 23Helps pay for repairing, replacing, or repainting damaged parts like lamps, tyres, tubes, mudguards, bonnet, side parts, bumper, and headlights after an accident.
- Zero DepreciationAlso called Bumper-to-Bumper or Nil Depreciation, this gets you the full price for replacing a damaged part (excluding tyres and batteries) without any decrease in value.
- Electrical AccessoriesCovers damage to additionally-fitted electrical accessories like fog lights, music system etc. 3 more
- Non-electrical AccessoriesOwner Driver PA CoverPaid Driver Cover
Claim Benefits
- 50% Advance PaymentInsurer offers up to 50% advance payment (excluding GST), for losses exceeding 1 Lac, on claims at any garage. Share the final bill after repair to claim GST amount.
- Spot Claims Upto Rs. 50,000Just upload photos or video of the damage & the insurer will transfer the estimated repair cost up to Rs. 50,000. Once your car is repaired, share the final bill with your insurer.
Addons
- IMT 23Helps pay for repairing, replacing, or repainting damaged parts like lamps, tyres, tubes, mudguards, bonnet, side parts, bumper, and headlights after an accident.
- Zero DepreciationAlso called Bumper-to-Bumper or Nil Depreciation, this gets you the full price for replacing a damaged part (excluding tyres and batteries) without any decrease in value.
- Electrical AccessoriesCovers damage to additionally-fitted electrical accessories like fog lights, music system etc. 3 more
- Non-electrical AccessoriesOwner Driver PA CoverPaid Driver Cover
Addons
- IMT 23Helps pay for repairing, replacing, or repainting damaged parts like lamps, tyres, tubes, mudguards, bonnet, side parts, bumper, and headlights after an accident.
- Zero DepreciationAlso called Bumper-to-Bumper or Nil Depreciation, this gets you the full price for replacing a damaged part (excluding tyres and batteries) without any decrease in value.
- Electrical AccessoriesCovers damage to additionally-fitted electrical accessories like fog lights, music system etc. 3 more
- Non-electrical AccessoriesOwner Driver PA CoverPaid Driver Cover
Addons
- IMT 23Helps pay for repairing, replacing, or repainting damaged parts like lamps, tyres, tubes, mudguards, bonnet, side parts, bumper, and headlights after an accident.
- Zero DepreciationAlso called Bumper-to-Bumper or Nil Depreciation, this gets you the full price for replacing a damaged part (excluding tyres and batteries) without any decrease in value.
- Electrical AccessoriesCovers damage to additionally-fitted electrical accessories like fog lights, music system etc. 3 more
- Non-electrical AccessoriesOwner Driver PA CoverPaid Driver Cover
Claim Benefits
- Spot Claims Upto Rs. 3,00,000Just upload photos or video of the damage & the insurer will transfer the estimated repair cost up to Rs. 3,00,000. Once your car is repaired, share the final bill with your insurer.
- 60% Advance PaymentInsurer offers up to 60% advance payment (excluding GST), for losses exceeding 3 Lac, on claims at any garage. Share the final bill after repair to claim GST amount.
Plan Type
Comprehensive
Claims Settled
95%
₹ 6501
Addons
- IMT 23Helps pay for repairing, replacing, or repainting damaged parts like lamps, tyres, tubes, mudguards, bonnet, side parts, bumper, and headlights after an accident.
- Zero DepreciationAlso called Bumper-to-Bumper or Nil Depreciation, this gets you the full price for replacing a damaged part (excluding tyres and batteries) without any decrease in value.
- Electrical AccessoriesCovers damage to additionally-fitted electrical accessories like fog lights, music system etc. 3 more
- Non-electrical AccessoriesOwner Driver PA CoverPaid Driver Cover
Plan Type
Comprehensive
Claims Settled
99%
₹ 6524
Addons
- IMT 23Helps pay for repairing, replacing, or repainting damaged parts like lamps, tyres, tubes, mudguards, bonnet, side parts, bumper, and headlights after an accident.
- Zero DepreciationAlso called Bumper-to-Bumper or Nil Depreciation, this gets you the full price for replacing a damaged part (excluding tyres and batteries) without any decrease in value.
- Electrical AccessoriesCovers damage to additionally-fitted electrical accessories like fog lights, music system etc. 3 more
- Non-electrical AccessoriesOwner Driver PA CoverPaid Driver Cover
Plan Type
Comprehensive
Claims Settled
95%
₹ 6545
Addons
- IMT 23Helps pay for repairing, replacing, or repainting damaged parts like lamps, tyres, tubes, mudguards, bonnet, side parts, bumper, and headlights after an accident.
- Zero DepreciationAlso called Bumper-to-Bumper or Nil Depreciation, this gets you the full price for replacing a damaged part (excluding tyres and batteries) without any decrease in value.
- Electrical AccessoriesCovers damage to additionally-fitted electrical accessories like fog lights, music system etc. 3 more
- Non-electrical AccessoriesOwner Driver PA CoverPaid Driver Cover
Plan Type
Comprehensive
Claims Settled
96%
₹ 6566
Addons
- IMT 23Helps pay for repairing, replacing, or repainting damaged parts like lamps, tyres, tubes, mudguards, bonnet, side parts, bumper, and headlights after an accident.
- Zero DepreciationAlso called Bumper-to-Bumper or Nil Depreciation, this gets you the full price for replacing a damaged part (excluding tyres and batteries) without any decrease in value.
- Electrical AccessoriesCovers damage to additionally-fitted electrical accessories like fog lights, music system etc. 3 more
- Non-electrical AccessoriesOwner Driver PA CoverPaid Driver Cover
Plan Type
Comprehensive
Claims Settled
98%
₹ 6573
Addons
- IMT 23Helps pay for repairing, replacing, or repainting damaged parts like lamps, tyres, tubes, mudguards, bonnet, side parts, bumper, and headlights after an accident.
- Zero DepreciationAlso called Bumper-to-Bumper or Nil Depreciation, this gets you the full price for replacing a damaged part (excluding tyres and batteries) without any decrease in value.
- Electrical AccessoriesCovers damage to additionally-fitted electrical accessories like fog lights, music system etc. 3 more
- Non-electrical AccessoriesOwner Driver PA CoverPaid Driver Cover
Claim Benefits
- 6-Month Repair Warranty6-month warranty on repairs at Reliance preferred garages.
- Free Pick-up & DropFree pick-up & drop for all repairs at Reliance preferred garages.
- Zero Paper ClaimsAll documents -- car invoice, claim form, RC, and driving license -- can be shared online for any claim amount.
#1 Rs 5773/- per annum is the price for third-party commercial vehicle insurance for Mahindara Alfa PAX DX registration year 2020. The list of insurers mentioned are arranged according to the alphabetical order of the names of insurers respectively. The comprehensive commercial vehicle insurance prices mentioned above are for a 5 year Mahindara Alfa PAX DX registration year 2020. These quotes are from mentioned from lowest to highest price. Policylegit does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. The list of plans listed here comprise of insurance products offered by all the insurance partners of Policylegit. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in Read more
Plan Type
Third Party
Claims Settled
93%
₹ 5773
Plan Type
Third Party
Claims Settled
95%
₹ 5773
Plan Type
Third Party
Claims Settled
98%
₹ 5773
Plan Type
Third Party
Claims Settled
98%
₹ 5773
Plan Type
Third Party
Claims Settled
96%
₹ 5773
Plan Type
Third Party
Claims Settled
99%
₹ 5773
Plan Type
Third Party
Claims Settled
95%
₹ 5773
Plan Type
Third Party
Claims Settled
98%
₹ 5773
#1 Rs 5773/- per annum is the price for third-party commercial vehicle insurance for Mahindara Alfa PAX DX registration year 2020. The list of insurers mentioned are arranged according to the alphabetical order of the names of insurers respectively. The comprehensive commercial vehicle insurance prices mentioned above are for a 5 year Mahindara Alfa PAX DX registration year 2020. These quotes are from mentioned from lowest to highest price. Policylegit does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. The list of plans listed here comprise of insurance products offered by all the insurance partners of Policylegit. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in
Mahindra Bolero Pick-up & Related Models – Insurance Price List
Mahindra Bolero Pick-up is one of India’s most trusted commercial pickup vehicles, widely used for goods transport, rural logistics, construction material movement, and long-distance operations in every city and rural road network. Due to its heavy-duty usage, having the right insurance is essential for business continuity.
Many buyers compare Bolero pick up price on road, showroom price, and insurance price before purchase. Whether you are buying a new model or a second hand vehicle, insurance ensures long-term financial safety.
Mahindra Bolero Pick-up Insurance Approximate Price List (India)
Bolero Pick-up 1.3T
1st Year Premium: ₹17,000 – ₹23,000
Renewal (with NCB): ₹12,000 – ₹17,000
Bolero Pick-up 1.5T
1st Year Premium: ₹18,500 – ₹25,000
Renewal (with NCB): ₹13,000 – ₹18,500
Bolero Pick-up Extra Long
1st Year Premium: ₹19,500 – ₹27,000
Renewal (with NCB): ₹14,000 – ₹20,000
Bolero Pick-up 4×4
1st Year Premium: ₹20,000 – ₹29,000
Renewal (with NCB): ₹15,000 – ₹22,000
Related Pick-ups / SCVs
1st Year Premium: ₹18,000 – ₹32,000
Renewal (with NCB): ₹12,000 – ₹24,000
Note: Final premium depends on IDV, city, vehicle age, usage type, NCB, add-ons, and insurer. The final insurance price may vary based on vehicle condition and coverage selection.
What Is the Main Reason for Mahindra Bolero Pick-up Insurance?
The primary reason to buy Mahindra Bolero Pick-up insurance is:
To protect your vehicle, business income, driver, and third parties from financial loss arising from accidents, theft, legal liabilities, and natural calamities.
As Bolero Pick-ups operate in rugged and high-load conditions, uninsured repair and liability costs can severely impact business cash flow. Whether you use the vehicle for daily pick up loading work or long-distance transport, proper insurance cover reduces financial risk.
Types of Mahindra Bolero Pick-up Insurance Policies Available
Third-Party Liability Insurance
- Mandatory under Motor Vehicles Act
- Covers injury, death, or property damage to third parties
- Does not cover own vehicle damage
Comprehensive Insurance (Recommended)
- Covers third-party liability + own vehicle damage
- Covers accidents, fire, theft, floods, earthquakes, riots
- Best choice for commercial Bolero Pick-up owners
Standalone Own-Damage Insurance
- Covers damage only to your Bolero Pick-up
- Requires active third-party policy
Add-Ons / Riders for Enhanced Protection
- Zero Depreciation Cover
- Engine & Gearbox Protection
- Roadside Assistance
- Consumables Cover
- IMT 23 / IMT 47
- Return to Invoice
Add-ons slightly increase premium but significantly reduce out-of-pocket claim expenses.
Mahindra Bolero Pick-up Insurance Price – Premium & Cost Factors
Key Factors Affecting Insurance Cost
- IDV (Insured Declared Value)
- City / RTO Zone
- Vehicle Age & Variant
- No Claim Bonus (NCB) – Up to 50% discount
- Commercial Usage Type
- Policy Coverage & Selected Add-ons
- Claim History / Driver Profile
Insurance cost and on road price protection depend on model, usage, and coverage selection.
Why Buy Mahindra Bolero Pick-up Insurance Online from PolicyLegit?
Instant Quote Comparison
Compare premiums from leading insurers on one platform.
Online policies often cost less than offline purchases.
Easy Policy Customisation
Choose add-ons based on load, route, and usage.
Renewal Alerts
Avoid policy lapse and protect your NCB.
100% Digital Process
Instant policy issuance and secure online payment.
Claim Support
PolicyLegit assists you throughout the claim process.
Mahindra Bolero Pick-up Insurance Renewal – Simple Online Process
Renew your policy in 5 easy steps:
- Enter your vehicle number
- Compare renewal quotes instantly
- Choose coverage & add-ons
- Make secure online payment
- Download renewed policy instantly
Renew before expiry to avoid inspection, penalties, and NCB loss.
Commercial Vehicle Insurance
Types of Vehicles insured in Commercial Vehicle Insurance Policy
Commercial vehicles are an essential mode of transportation and are heavy-duty vehicles used daily to carry out tasks. Some of the most common commercial vehicles are:
- Trucks
- Vans
- Trailers
- Buses
- Taxies
- Coaches
- Carriers
- Shovels
- Tractors
- Cranes
- Mobile rigs
- Bulldozers
These commercial vehicles transport goods within the city/cities and from one state to another, as well as for intercity passenger tours and travel.
Coverage Under Commercial Vehicle Insurance
- Losses due to riots, strikes, natural calamities such as earthquakes, hurricanes, cyclones, etc, are covered
- Damages to the vehicle arising out of fire, self-ignition and explosion
- Partial or total loss to the insured vehicle due to theft, housebreaking, and burglary
- Loss or damage caused to the third-party property, vehicle, bodily injuries and death of the third person.
- Damages arising out of road accidents or collisions are also covered.
- Wear and tear/depreciation of the commercial vehicle.
- Losses incurred during a civil war, nuclear perils.
- Contractual liabilities of the owner/driver of the insured commercial vehicle are also not covered.
- The occurrence of an accident while driving with an invalid driving license or under the consumption of alcohol.
- Using a vehicle in accordance with 'limitations as to use', for instance, a private car is used as a taxi.
- Electrical and mechanical breakdown, breakage or failure of the insured vehicle.
List of Mahindra Bolero Pick-up Commercial Vehicle Insurance Companies in India 2026
Following is the list of general insurance companies that offer commercial vehicle insurance:
| Insurer Name | Passenger Carrying Vehicle Insurance | Goods Carrying Vehicle Insurance | Miscellaneous Vehicle Insurance |
| Bajaj Allianz Commercial Vehicle Insurance | No | Yes | No |
| Godigit Commercial Vehicle Insurance | Yes | Yes | Yes |
| New India Assurance Commercial Vehicle Insurance | Yes | Yes | No |
| Reliance General Commercial Vehicle Insurance | Yes | Yes | Yes |
| SBI General Commercial Vehicle Insurance | Yes | Yes | Yes |
| Shriram General Commercial Vehicle Insurance | Yes | Yes | No |
| United India Commercial Vehicle Insurance | Yes | Yes | No |
| Zuno Commercial Vehicle Insurance | Yes | Yes | No |
*Disclaimer: The table mentioned above is according to the alphabetical order of the insurance company. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in
Explore More Under Commercial Vehicle Insurance
- Commercial Vehicle Third Party Insurance
- Commercial Vehicle Insurance Companies
- Tractor Insurance
- Truck Insurance
- Pick Up Van Insurance
- School Bus Insurance
- Goods Carrying Vehicle Insurance
- Passenger Carrying Insurance
- Auto-Rickshaw Insurance
- E-rickshaw Insurance
- Bus Insurance
- Tempo Traveller Insurance
- Trailer Insurance
- Tipper Insurance
- Heavy Truck Insurance
- Tanker Insurance
- Bulker Insurance
- Taxi Insurance
Is Mahindra Bolero Pick-up insurance mandatory in India?
Yes. As per the Motor Vehicles Act, having at least third-party insurance is compulsory for Mahindra Bolero Pick-up vehicles used for commercial purposes in India.
What is the price of Mahindra Bolero Pick-up insurance in India?
The insurance premium for Mahindra Bolero Pick-up generally ranges from ₹17,000 to ₹29,000 for the first year, depending on the variant, city, IDV, and coverage selected.
Which insurance policy is best for Mahindra Bolero Pick-up?
A comprehensive insurance policy is the best option as it covers:
Third-party liabilities
Own vehicle damage
Theft, fire, floods, and accidents
It is highly recommended for heavy commercial usage.
Can I renew my Mahindra Bolero Pick-up insurance online?
Yes. You can renew Mahindra Bolero Pick-up insurance online at PolicyLegit in just a few minutes with instant policy issuance and no paperwork.
What happens if Mahindra Bolero Pick-up insurance expires?
If your insurance expires:
You may face traffic fines
Your No Claim Bonus (NCB) may be lost
Claims will be rejected
Vehicle inspection may be required at renewal
Always renew before expiry.
Does Mahindra Bolero Pick-up insurance cover accidents and natural disasters?
Yes. Comprehensive insurance covers accidents, fire, theft, floods, earthquakes, riots, and other natural or man-made calamities.
What add-ons are useful for Mahindra Bolero Pick-up insurance?
Recommended add-ons include:
Zero Depreciation Cover
Consumables Cover
IMT 23 / IMT 47
These reduce out-of-pocket expenses during claims.
How can I reduce Mahindra Bolero Pick-up insurance premium?
You can reduce premium by:
Maintaining No Claim Bonus (up to 50%)
Choosing correct IDV
Renewing on time
Avoiding unnecessary add-ons
Comparing plans online on PolicyLegit
Is third-party insurance enough for Mahindra Bolero Pick-up?
Third-party insurance is legally sufficient, but it does not cover your vehicle’s damage. For business protection and income safety, comprehensive insurance is strongly advised.
