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Mahindra Maxximo Insurance
Owning a Mahindra Maxximo mini van means you rely on it every day for smooth business operations. Whether you use this mini van body vehicle for goods transportation, last-mile deliveries, or local logistics, protecting it with the right Mahindra Maxximo insurance is essential. A well-designed insurance policy not only safeguards your vehicle but also ensures uninterrupted income and peace of mind.
The Mahindra Maxximo, often compared with Tata Ace, Bolero Pickup, Magic Tempo, and even Supro models, is known for its durable engine, power steering system, ECM setup, fuel tank efficiency, and strong body build. From older variants like 2010, 2011, 2013, 2014, 2015 models to 2020, 2021, and 2022 BS6 models, insurance protection remains equally important.
With Mahindra Maxximo insurance from PolicyLegit, you get financial protection against losses or damages caused by accidents, theft, fire, and natural calamities. Plus, it helps you stay legally compliant while reducing unexpected business expenses.
Commercial Vehicle Insurance Plans starting#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.
Claim Benefits
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.
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.
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.
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.
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.
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.
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.
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.
Claim Benefits
#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
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
#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 Maxximo & Related Models – Insurance Price List
Mahindra Maxximo is a compact and fuel-efficient small commercial vehicle (SCV), widely used for last-mile delivery, urban goods transport, courier services, and small business logistics. Given its daily commercial usage, proper insurance is essential to protect income and ensure uninterrupted operations.
Mahindra Maxximo Insurance – Approximate Price List
Mahindra Maxximo Mini Van
1st Year Premium: ₹12,000 – ₹16,000
Renewal (with NCB): ₹7,500 – ₹11,000
Mahindra Maxximo Plus
1st Year Premium: ₹13,500 – ₹18,000
Renewal (with NCB): ₹8,500 – ₹12,500
Mahindra Maxximo CNG
1st Year Premium: ₹14,000 – ₹19,000
Renewal (with NCB): ₹9,000 – ₹13,000
Related SCVs / Mini Trucks
1st Year Premium: ₹12,000 – ₹25,000
Renewal (with NCB): ₹8,000 – ₹18,000
Note: Final insurance price depends on IDV, city, vehicle age, fuel type (diesel / CNG), usage pattern, NCB, add-ons, and insurer. Premium may vary depending on dealer region and coverage selected.
What Is the Main Reason for Mahindra Maxximo Insurance?
The primary reason to buy Mahindra Maxximo insurance is:
To financially protect your vehicle, daily income, driver, and third parties from losses caused by accidents, theft, legal liabilities, and natural calamities.
Since Maxximo vehicles operate in high-frequency city routes, even minor accidents can lead to costly repairs and business downtime without insurance.
Types of Mahindra Maxximo Insurance Policies Available
Third-Party Liability Insurance
- Mandatory under Indian law
- Covers injury, death, or property damage to third parties
- Does not cover damage to your own vehicle
Comprehensive Insurance (Recommended)
- Covers third-party liability + own vehicle damage
- Covers accidents, fire, theft, floods, earthquakes, riots
- Best choice for Mahindra Maxximo owners
Standalone Own-Damage Insurance
- Covers only damage to your Mahindra Maxximo
- Requires an active third-party policy
Add-Ons / Riders for Enhanced Protection
- Zero Depreciation Cover
- Engine & Gearbox Protection
- Roadside Assistance
- Consumables Cover
- Passenger / Driver Liability Cover
- Return to Invoice
Add-ons slightly increase premium but significantly reduce out-of-pocket claim costs.
Mahindra Maxximo Insurance Price – Premium & Cost Factors
Key Factors Affecting Insurance Cost
- IDV (Insured Declared Value)
- City / RTO Zone
- Vehicle Age & Fuel Type (Diesel / CNG)
- No Claim Bonus (NCB) – Up to 50% discount
- Commercial Usage Type
- Policy Coverage & Add-ons Selected
- Claim History / Driver Profile
Final price and rate details also depend on model variant (Plus / CNG), engine capacity, steering type, and usage pattern.
Why Buy Mahindra Maxximo Insurance Online from PolicyLegit?
Instant Premium Comparison
Compare quotes from top insurers in minutes.
Affordable Pricing
Online purchase often results in lower premiums.
Easy Policy Customisation
Choose add-ons based on delivery routes and usage.
Renewal Alerts
Avoid policy lapse and NCB loss.
100% Digital & Paperless
Instant policy issuance and secure payment.
Claim Assistance
Dedicated support during claim settlement.
Mahindra Maxximo Insurance Renewal – Simple Online Process
Renew your Mahindra Maxximo insurance 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 Maxximo 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. Policylegit 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 Policylegit. 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 Maxximo insurance mandatory in India?
Yes. As per the Indian Motor Vehicles Act, third-party insurance is mandatory for Mahindra Maxximo vehicles.
What is the price of Mahindra Maxximo insurance?
Mahindra Maxximo insurance price generally ranges from ₹12,000 to ₹19,000+ per year based on model, fuel type, city, and coverage.
Which Mahindra Maxximo models are covered under insurance?
All variants are covered including Maxximo Mini Van, Maxximo Plus, Maxximo CNG, and related small commercial vehicles.
Which insurance policy is best for Mahindra Maxximo?
Comprehensive insurance is recommended as it covers third-party liability and own vehicle damage, theft, and natural calamities.
What does Mahindra Maxximo insurance cover?
It covers accidents, theft, fire, natural calamities, third-party liability, and optional add-ons like zero depreciation.
Can driver and passenger cover be added to Mahindra Maxximo insurance?
Yes. Driver personal accident cover and passenger liability cover can be added to the policy.
