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Mahindra Bolero Pick-up Insurance

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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.

To keep your vehicle legally compliant and financially protected, you can easily buy or renew Mahindra Bolero Pick-up Insurance online at PolicyLegit. 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 Pickup image
Mahindra Bolero Pick-up Insurance Plans#1

Plan Type

Comprehensive

Claims Settled

98%
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
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.

Plan Type

Comprehensive

Claims Settled

96%
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

Plan Type

Comprehensive

Claims Settled

98.5%
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
#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. Policybazaar 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 Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in

Plan Type

Third Party

Claims Settled

98.5%

Plan Type

Third Party

Claims Settled

96%

Plan Type

Third Party

Claims Settled

99.7%
#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. Policybazaar 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 Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in

What is Commercial Vehicle Insurance?

A Commercial Vehicle Insurance is a motor insurance policy to cover for damage and loss caused to and by a commercial vehicle. Owner of the vehicle and driver who drives the vehicle. This could include damage and losses in situations as accident, collisions, fires, theft, natural calamities, etc. it is mainly for all type of business to buy a commercial vehicle insurance for their vehicles, such as for auto rickshaws, cabs, pickups, trucks, tractors, school buses, commercial vans, jcb, harvester and amongst other.

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. Due to its heavy-duty usage, having the right insurance is essential for business continuity.

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 4Ă—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.

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.

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

Why Buy Mahindra Bolero Pick-up Insurance Online from PolicyLegit?

Instant Quote Comparison

Compare premiums from leading insurers on one platform.

Lower Premiums

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:

  1. Enter your vehicle number
  2. Compare renewal quotes instantly
  3. Choose coverage & add-ons
  4. Make secure online payment
  5. Download renewed policy instantly

Renew before expiry to avoid inspection, penalties, and NCB loss.

Commercial Vehicle Insurance

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

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