Mahindra Bolero car insurance starting at just ₹238/month*
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Up to 90% Discount*
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11,000+ Network Garages*
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Buy, Renew & Claim on Self-i
Mahindra Bolero Car Insurance
The Mahindra Bolero is a popular SUV known for its rugged build, affordable servicing and ability to handle rough terrain. Whether you’re transporting goods, navigating rough village roads or driving your family around town, this SUV does it all. But even the most durable vehicles need protection, and that’s where IndusInd car insurance steps in.
For example, car engines can suffer water damage during floods, which are quite common during the monsoon season. With our comprehensive car insurance plan, engine damage costs can easily be covered under the Engine Protect add-on, so you’re not left paying out of pocket for repairs.
Car insurance is also a mandatory requirement for all car owners in India. So, your Mahindra Bolero needs to be insured with at least a third-party car insurance plan.
You can do this by partnering with IndusInd General Insurance (formerly Reliance General Insurance). You can quickly buy your policy online and save it on your phone via the Self-i app. This way, you’ve always got your insurance papers with you!
Why 5 Crore+ Policyholders Trust Us?
IndusInd General Insurance (previously known as Reliance General Insurance) offers access to a wide range of add-ons, a simple claim process, 24x7 customer support and a strong cashless garage network, all designed to keep your Mahindra Bolero protected.
13+ Add-On Covers*
Customise your Bolero insurance
Up to 3 Years Coverage*
Get long and short term coverage
Video Claims Feature*
File claims via the Self-i app
24/7 Customer Assistance*
Get support from anywhere in India
Why Do You Need Mahindra Bolero Insurance?
Legal Mandate
All car owners in India are legally required to have at least third-party car insurance coverage. This means that your Bolero needs to be insured with a car insurance policy, regardless of how often or little you use it. If you’re caught driving your Bolero SUV without valid car insurance, you will be fined ₹2,000 - ₹4,000, and may even face up to 3 months of imprisonment, depending on the severity of your offence.
Covers Car Repairs
The Bolero’s rugged build makes it a go-to choice for driving on rough city roads and unpaved village paths. However, heavy usage on rough terrain and using it to carry heavy loads can increase the risk of damage. So, if you’re driving on unpaved village roads often and hit a rough patch, it can result in tyre punctures or blowouts. Luckily, with Mahindra Bolero car insurance, repair costs are covered.
Covers Car Theft
Car theft can be a major concern for new car owners and owners of more modern Bolero variants, such as the Mahindra Bolero Neo and Neo Plus, which can cost up to ₹12.49 lakhs*. That’s why having car insurance is essential. It can help cover total loss cases like car theft by reimbursing you the IDV amount of your Bolero. And if you pair your car plan with a Return to Invoice add-on, you can get the full invoice amount of your car reimbursed.
Covers Natural Disasters
While the Bolero can handle drives through mud tracks and flooded roads, you’ll need to watch out for engine damage and rust if you live in regions prone to extreme flooding. If your car does suffer damage due to floods, landslides or other natural disasters, car insurance has you covered. And if you’re particularly worried about engine damage, you can get our Engine Protection add-on for specialised coverage for engine repairs and replacement costs.
Covers Fire and Fire-Related Damage
Fire damage can be a cause for concern in regions prone to lightning strikes or forest fires. These incidents, while rare, can cause irreparable damage to your car and result in high repair costs. Thankfully, having car insurance can help cover repair and replacement costs for your Bolero, minimising your out-of-pocket expenses.
Network Garages and Spare Parts
While it’s easy to find spare parts for the Bolero, it's hard to know how some garages source their parts. Counterfeit parts, while cheaper, degrade faster and can lead to more damage in the future. This is where we can help. Our network garages have been thoroughly vetted and only use original parts, ensuring high-quality repairs every time.
Types of Mahindra Bolero Car Insurance Plans
Comprehensive Car Insurance
A comprehensive policy offers a dual benefit when it comes to coverage. It will cover costs for damages done to another person or property, and damage to your Bolero. For example, a collision can result in major repairs for both your car and the other person’s car. Our comprehensive policy covers both these repair costs. As a bonus, you also have access to 13+ add-ons* so you can increase coverage if you need more protection.
Pay As You Drive Car Insurance
This is a usage-based car insurance plan where you pay premiums based on how much you drive your Bolero per year. You can choose a yearly limit between 2,500–10,500 km*, and get a 125 km grace buffer*. You can also carry forward unused kilometres and top up anytime if you exceed your limit. This plan is great for those who drive occasionally, work from home, own multiple cars or frequently use public transport.
Third Party Car Insurance
This is our most affordable Mahindra Bolero insurance plan. It covers damages to third-party vehicles, property or bodily injuries caused to another person during an accident. To ensure easy compliance on your part, we offer a 5-year plan option for new car owners, where you only need to pay the premium once! Meaning you pay once and enjoy coverage for up to 5 years.
Own Damage Car Insurance
This is a standalone policy that you can buy if you already have third-party car insurance. It will also only cover your Bolero. So you’ll be covered for damage resulting from accidents, collisions, fires and natural disasters such as floods and landslides. We also offer short-term* and long-term policy options ranging from 1 month up to a year*, so you can easily customise coverage as per your needs.
Key Features of IndusInd Mahindra Bolero Insurance
IndusInd General Insurance offers features designed specifically for how and where a Mahindra Bolero is typically driven, whether it is urban traffic, village roads or long highway journeys.
Key Features | Descriptions |
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Starting Premiums | ₹238/month* |
IDV Customisation | Available |
Coverage Offered | Own Damage & Third-Party Liability |
Discounts | Up to 90%* |
NCB Discount | Up to 50%* |
Quick Claims Process | Cashless + Survey is initiated within just 24 hours of claim initiation |
Smartphone-Enabled Claims | Video claim feature on the Self-i App |
Network Garages | 11,000+* network garages nationwide |
Instant Buying/Renewal | Quick policy purchase and instant renewal |
Add-Ons | 13+ add-on covers available* |
Personal Accident (PA) Cover | Additional PA cover of up to ₹15 lakhs* is available |
24/7 Customer Support | Available through WhatsApp and Calls |
Disclaimer: Please refer to the official policy documents for detailed information.
Mahindra Bolero Car Insurance: Inclusions & Exclusions
What is covered?
Accidents and Collisions: This covers the repair costs for damage to your Mahindra Bolero caused by a road accident.
Third-party Damages: This covers the cost of repairing damage to someone else’s vehicle or property.
Natural/Man-Made Disasters: Covers repair costs by floods, earthquakes, burglary, strikes, etc.
Fire or Explosion: Repair costs for damage due to fire, explosion, self-ignition and lightning will be covered
Theft: We offer compensation for total loss type damage or lost car parts due to theft. The coverage is based on your Bolero's IDV.
What is not covered?
Depreciation: Depreciation of your Bolero's parts typically isn't covered, but we do cover it under the nil dep add-on.
Accessory Coverage: We automatically cover factory-fitted accessories. But if you add more accessories after purchase, you'll need to opt for add-on coverage.
Law Violations: We cover all accidental damage to your Mahindra Bolero except for ones that arise due to law violations.
Outside Coverage Zone: We offer pan-India coverage, but if you require coverage outside India you can get our Geo-extension add-on.
Disclaimer: For the complete list of Inclusions and Exclusions, please refer to the policy wording by clicking here.
One call is all it takes to secure your Bolero
Call us now for the best deal!
Mahindra Bolero Insurance Add-On Covers
Add-ons are a great way to enhance your base policy coverage in cases where you feel like you need more coverage for your Bolero. For example, the PAYD cover is ideal for anyone seeking personalised premium rates based on their car usage, while the tyre protect add-on is a great choice for those who frequently use their cars on rough village roads. At IndusInd General Insurance, we offer 13+ add-on covers* for your Bolero, giving you the freedom to customise your insurance coverage based on your actual car usage.
Nil Depreciation Cover
Money Saver
Ensures full reimbursement for replacing plastic, rubber, and fibre parts without any depreciation deduction. Bolero owners benefit particularly, as replacement panels and trims for this sturdy SUV can be costly.
Pay As You Drive
Money Saver
This add-on sets the premium based on actual kilometres driven. You can select from 2,500 to 10,500 km* and top up if needed, making it ideal for low-mileage Bolero users who travel short distances or work from home.
Return to Invoice Cover
Money Saver
In case of total loss due to major car accidents or theft, this add-on gives full original invoice value, which also includes taxes and registration fees, rather than the depreciated value.
Engine & Gearbox Protection Cover
Extra Car Protection
With the Bolero’s heavy-duty diesel engine, repair bills can be high, increasing your out-of-pocket expenses. This covers the cost of engine repairs or replacements damaged due to water entering the engine, oil leaks or accidents.
Tyre Protection Add-On Cover
Extra Car Protection
This add-on covers repair or replacement costs for damaged tyres of your Mahindra Bolero. It is especially great for covering the costs of repairing damages caused due to poor road conditions or a burst or bulge.
Key & Lock Replacement
Extra Car Protection
Covers the cost to replace lost, stolen, or damaged keys (including smart‑key reprogramming) and lockset repairs. It is perfect for modern cars, such as the Bolero, with pricey key fobs.
Consumable Expenses Add-On Cover
Money Saver
This cover reimburses consumables (nuts, bolts, oils, brake fluids) used during repairs, which typically add 5–10% to the total repair costs. If you frequently use your Bolero on unpaved or dusty roads, the filters and fluids can wear out more quickly.
RIM Protection Add-On Cover
Extra Car Protection
This add-on cover helps protect those stylish alloys or steel wheels that standard car insurance policies often exclude. It will cover the repair or replacement of damaged rims caused by curbs, bad road conditions, or accidents.
24/7 Roadside Assistance
Extra Car Protection
Get emergency towing, fuel delivery, flat‑tyre changes, battery jump‑starts, and on‑site repairs anytime via helpline or our Self-i app. For Bolero drivers travelling through remote areas can particularly benefit from our round-the-clock service.
Loss of Personal Belongings
Extra Car Protection
Provides compensation if valuables (laptop, phone, bags worth ₹5,000+) are stolen from your locked car. This is ideal for those who carry work gear in their vehicle or travel to theft-prone areas.
Daily Allowance Benefit
Money Saver
If repairs at a network garage exceed three days, you receive a daily cash allowance to cover alternate transport costs like cabs or train fares. This add-on is great if you frequently use your car.
EMI Protection Cover
Money Saver
Never miss a payment! This add-on helps cover your monthly car‑loan EMIs if repairs take longer than 21, 42, or 63 days* — easing financial stress during extended garage stays.
No Claim Bonus (NCB) Retention
Money Saver
Retain your No‑Claim Bonus discount even after making up to 2 claims* in the policy year, so you don’t lose out on future premium savings.
Electrical Accessories Cover
Extra Car Protection
Protects aftermarket electrical fittings such as audio systems, parking sensors, GPS, and rear‑view cameras that aren’t typically covered under standard inclusions.
Non‑Electrical Accessories Cover
Extra Car Protection
Covers theft or damage to custom fittings like seat covers, bumper guards, and decorative trims — keeping your personalisations safe.
Geo Extension Cover
Adventure & Travel
Extends your policy to cover travel in India’s 6 neighbouring countries* (e.g., Nepal, Bhutan, Sri Lanka). It is perfect for Bolero international road trips across neighbouring countries.
How to Buy/Renew Mahindra Bolero Car Insurance?
Buy Car Insurance
On top of this page, enter car registration and mobile number. Use our calculator below to estimate SI and premium.
Select your car make/model and enter your registration and previous policy details.
Enter your mobile number and the OTP. Next select your policy type and car's IDV.
Select any add-ons you require, then review the policy details and final price.
Pay online and complete the CKYC with your PAN details to receive your policy.
Car Insurance Renewal
Navigate to the form on top of this page choose ‘Renewal’ to start your car insurance renewal process.
Fill in your mobile number or policy number > Submit.
Add your car’s details, such as registration number.
Update/modify your own damage plan as per your needs.
Confirm the premium and make the insurance renewal payment.
Factors Affecting Mahindra Bolero Car Insurance Premium
Your Mahindra Bolero premiums are determined based on specific parameters to ensure we offer the best coverage options suited to your needs and car usage. Some of the parameters listed below can also help you lower your premiums so you get the best value for money.
Bolero’s IDV
IDV is your Bolero's current market value. A higher IDV means higher premiums but better payouts during a claim. You can choose your IDV while buying or renewing your policy.
Type of Coverage
Choosing between a third-party and a comprehensive plan affects premiums. Buying add-ons will also increase the premium but offer better protection.
Add-On Covers
While add-ons help you extend your coverage to tyres, rims, key and locks and depreciable parts, they also increase your premium prices. The more the add-ons, the higher the premium.
Car’s Make and Model
The Bolero’s model, fuel type (diesel or petrol) and engine capacity affect your premium. Higher engine capacity or commercial usage can lead to higher costs.
Claim History
If you have made no claims in the past year, you could get a No Claim Bonus and pay less. But if you have a record of frequent claims, your premium may increase.
Installing Anti-Theft Devices
Installing IRDAI-approved anti-theft devices signifies that your Bolero is secure from theft attempts and resulting loss or damage. Thus, it helps lower your premium.
Mahindra Bolero Key USPs
How to File a Car Insurance Claim?
Cashless Claims
Step 2: Claim Verification
Take your car to a network garage, where we will send a surveyor to check the damage and verify the claim. Now easily find any network garage near you using our widget below.
Step 3: Self-Inspection
You can also opt for a self-inspection via the Self-i app by submitting photos or via a live video survey.
Step 4: Claim Approval
Our team will approve your claim once you submit all your claim documents, which can take 7 days after submission.
Step 5: Bill Settlement
After we approve, we pay the bill directly to the garage and drop off your car at your address.
Reimbursement Claims
Step 1: Initiate the Claim
To initiate a claim for total loss, damage or theft, you’ll need to inform us within 24 hours.
Step 2: Visit Garage
Visit any garage of your choice for repairs. Pay the repair bills and keep all bills and receipts.
Step 3: Register Claim
Register your claim on our website. Download and fill out the claims form and upload it with your other documents.
Step 4: Upload Documents
As part of the document verification, upload RC, policy, DL, FIR (if needed), and repair estimate
Step 5: Money Transfer
Upon approval, we will transfer the claim amount directly to your bank account.
Disclaimer: For precise claim-related information, please refer to our policy documents or get in touch with our customer helpline.
Mahindra Bolero - Models and Prices
The Mahindra Bolero is available in multiple variants, each designed for durability and practical performance. Whether you are looking for a reliable city drive or a vehicle that can handle bumpy rural roads, there is a Mahindra Bolero model to match your needs.
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B4 DIESEL Manual | Diesel | ₹9,81,400 |
B6 DIESEL Manual | Diesel | ₹9,99,900 |
B6 OPT DIESEL Manual | Diesel | ₹10,92,600 |
Disclaimer: The prices mentioned are subject to change based on your city of residence, car model, variant, year of purchase and the dealership you are buying your car from. The prices mentioned above have been taken from this source.
Key Takeaways
If you use your Mahindra Bolero to transport fresh produce, carry construction materials for your business, or simply to take your children to school along rough village roads, you already know the value of this sturdy SUV. And while the Bolero is built to handle most risks that come its way while riding on rough terrain, it’s not completely immune to the unexpected. Road accidents, flash floods, or even tyre blowouts and punctures, given its soft suspension and frequent use on unpaved rural roads, can require frequent repairs and part replacements.
That is why it is important to protect your Bolero with a car insurance plan. With IndusInd Mahindra Bolero Insurance (previously known as Reliance Mahindra Bolero Insurance), you get car insurance coverage that starts at just ₹238/month*, along with 24/7 support and a digital-first approach.
We cover accidents, fires and damage from natural disasters such as floods and earthquakes. You also get legal protection through our third-party liability cover.
Additionally, if you get your Bolero repaired at any of our 11,000+ network garages*, you won’t need to pay upfront, since we pay the bill for you! Our claims process can also be done through your phone using the Self-i app, using the video claims feature.
Don’t wait to get your Mahindra Bolero insured, and call us today to get a personalised car insurance plan!
Bolero insurance starting at just ₹238 per month*!
Get Tailored Car Protection With Us!
Get all-around protection for your Mahindra Bolero with coverage against own damage, theft and more! You also have the option to add useful add-ons for enhanced coverage as per your needs.
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Frequently Asked Questions
How much does Mahindra Bolero insurance cost?
Our Mahindra Bolero insurance plans start at ₹238 per month*. If you’re buying a third-party Mahindra Bolero car insurance plan, your premiums will be ₹3,461 per year* since it’s engine cc falls within the 1000cc to 1,500cc bracket. To get a personalised premium quote, you can use our online car insurance premium calculator.
Are there discounts available on Mahindra Bolero insurance?
Yes, we offer up to a 90% discount* for online purchases, an NCB discount of up to 50%*, a 2.5% discount* if you’ve installed anti-theft devices on your car, and another 5% discount* if you've got a membership with a recognised automobile association.
Disclaimer: These discount percentages are subject to change based on the age of the vehicle, vehicle make and model, and your chosen plan options. You can always contact us to ensure you have the most up-to-date information on your applicable discount percentages.
Which type of insurance is cheaper?
Third-party car insurance or own damage plans with PAYD covers are the most cost-effective option for those on a budget. However, you should know that third-party car insurance will not cover your car for damages.
If you're someone who uses your car frequently, we recommend getting at least an OD cover or a comprehensive plan. These may cost a little more, but they'll help you save more in the long run on repair costs.
Is insurance mandatory for a second-hand Mahindra Bolero?
Yes. Whether your Bolero is new or pre-owned, it must have at least third-party insurance to be legally driven on Indian roads. Just visit our website, go to the car insurance section, enter your details and pay to get your car insurance policy instantly.
What happens if my Bolero insurance lapses?
If you let your policy expire, your vehicle will not be covered under insurance. This means if your Bolero gets damaged, you will not be able to file a claim and get reimbursement since your car insurance plan is no longer valid. Letting your policy lapse also means losing your accumulated NCB discount and other accumulated benefits.
Late renewals after the 30-day grace period* will require a fresh inspection of your SUV, which could result in an increased premium amount. So, we highly recommend renewing your plan on time.
Disclaimer:
*T&C Apply. For more details on risk factors, terms conditions, brochure, and exclusions, please read the policy wording and CIS carefully before concluding a sale.
Claim Settlement Ratio: This is the overall claim settlement ratio for FY 2023-24 without claim outstanding at the start of the financial year as per public disclosure of Reliance General Insurance Co. Ltd.
Premium: The premium mentioned for car Insurance excludes taxes for the private car model Maruti Suzuki Alto 800 with a cubic capacity of less than 1000 cc for a 1-year Own Damage Insurance policy for an IDV of ₹2,34,728. The premium used is 2,853/year as of 1 March 2023 and then converted into a per-month basis, which gives us ₹238/month (2,853/12).
Discount: The discount varies basis vehicle specifications, No Claim Bonus discount and Geographical location of the vehicle to be insured. Discounts have been calculated on the basis of the rates prescribed under erstwhile Indian Motor Tariff. Discounts are applicable only to the Own Damage section and discounts may vary as per the vehicle make, model, RTO, age of the vehicle and addition of add-ons like Reliance Limit Sure-Pay As You Drive.
Comprehensive Car Insurance/Car Insurance UIN: Details mentioned here are for the product- Reliance Private Car Package Policy. UIN: IRDAN103RP0010V02100001; Reliance Private Car Policy – Bundled, UIN: IRDAN103RP0007V02201819; Reliance Private Car Policy- Standalone Own Damage UIN- IRDAN103RP0001V01201920; "A" Policy for Act Liability Insurance ( Pc /Tw/Commercial ), UIN: IRDAN103RP0003V01200102; A" Policy for Act Liability Insurance (Private Car) – 3 years, UIN: IRDAN103RP0003V01201819.
Own Damage UIN: Details mentioned here are for the product- Reliance Private Car Policy- Standalone Own Damage, (UIN-IRDAN103RP0001V01201920)
Third-Party UIN: Details mentioned here are for the product- "A" Policy for Act Liability Insurance ( Pc /Tw/Commercial ), UIN: IRDAN103RP0003V01200102; A" Policy for Act Liability Insurance (Private Car) – 3 years, UIN: IRDAN103RP0003V01201819