Mahindra Bolero Pik-up 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 Pik-up Insurance
When your livelihood depends on delivering goods every single day, you need a vehicle that won't let you down. The Mahindra Bolero Pik-up serves thousands of small business owners, farmers and transport workers who rely on its rugged strength to carry heavy loads through challenging terrains, from busy market streets to bumpy village roads where most vehicles struggle.
Imagine you're driving through heavy monsoon rains to deliver construction materials when suddenly your Pik-up stalls on waterlogged roads. Engine repairs can cost thousands and stop your business for days. This is where comprehensive insurance with Engine Protection add-on helps—it covers water damage costs so you can get back to work quickly without draining your savings.
Or consider this: you have parked your loaded Pik-up at a delivery point when someone crashes into it, damaging the body and your cargo. Without insurance, you'd pay for both vehicle repairs and lost goods yourself. With our coverage, repair costs are handled through our 11,000+ network garages using genuine Mahindra parts, keeping your Pik-up running smoothly.
IndusInd Mahindra Bolero Pik-up Insurance (formerly Reliance Mahindra Bolero Pik-up Insurance) protects your business vehicle with plans starting at just ₹238/month*. File claims easily through our Self-i app—just upload photos or do a video call and get cashless repairs approved within 24 hours at any network garage near you.
Over 5 crore businesses choose our Mahindra Bolero Pik-up insurance because we truly understand what commercial vehicle owners need. With years of experience, smart features and support that actually helps, we keep your business moving safely every single day.
10+ Add-On Covers*
Customise your Mahindra Bolero Pik-up insurance
Up to 3 Years Coverage*
Get long and short term coverage
Video Claims Feature*
File claims via the IndusInd Self-i app
24/7 Customer Assistance*
Get support from anywhere in India
Why Do You Need Mahindra Bolero Pik-up Insurance?
Legal Mandate
It is a legal requirement in India that every owner of a commercial vehicle must carry at least third-party insurance. Whether you drive your Pik-up truck daily or just use it occasionally to transport goods, you need insurance. If you're caught driving without it, you will have to pay a fine of ₹2,000 to ₹4,000. If you break this rule multiple times, the police can take away your vehicle, and you could face legal trouble.
Covers Repair Costs
The Bolero Pik-up is built to carry heavy loads across difficult terrains and long distances. Regular use for transporting goods, materials or equipment naturally leads to wear and tear over time. Damages from potholes, sudden braking or minor collisions are common when you're on the road daily. Car insurance covers these repair expenses, helping you maintain your vehicle's performance.
Covers Vehicle Theft
Commercial vehicles like the Bolero Pik-up are often targeted by thieves, especially when parked in unsecured areas during deliveries. Your vehicle is your source of income, and if you lose it, you will be forced to deal with considerable financial hardship. Comprehensive insurance reimburses you the IDV amount if your Pik-up is stolen. Adding a Return-to-Invoice cover can get you the full purchase price back.
Covers Floods, Storms and More
Your Bolero Pik-up might travel through areas prone to heavy rains, floods or storms during the monsoon season. Water damage to the engine parts and electrical components can result in expensive repairs or a complete vehicle breakdown. An insurance policy covers damages from natural disasters like floods, landslides and cyclones that are beyond your control. The Engine Protection add-on provides additional coverage specifically for water-related engine damage.
Covers Fire and Fire-Related Damage
Fire incidents can happen due to electrical faults, engine overheating or external factors like nearby fires spreading to your vehicle. Since the Bolero Pik-up often carries goods and materials, the risk increases during transport and loading operations. Comprehensive insurance policy covers repair or replacement costs if your vehicle suffers fire damage or destruction. This includes damage from self-ignition, lightning strikes and explosions.
Network Garages and Spare Parts
Finding reliable mechanics who use genuine Mahindra parts is important for maintaining your Pik-up's longevity and resale value. Local mechanics might use cheaper duplicate parts that wear out faster and cause more problems later. Our network of 11,000+ garages* across India uses only original manufacturer parts for all repairs. These garages are verified and trained to handle Mahindra vehicles properly.
Types of Mahindra Bolero Pik-up Car Insurance Plans
Third-Party Insurance
The law requires every commercial vehicle owner to have third-party insurance to drive legally on Indian roads. This part pays money when you damage someone else's vehicle, property or hurt them in an accident. It stops you from paying huge bills yourself when another person makes a claim against you. But remember, this doesn't pay for damage that happens to your own Bolero Pik-up.
Comprehensive Insurance
This part protects your Bolero Pik-up from damage in accidents, theft, fire or flooding. It pays for fixing your vehicle so you don't have to spend lots of your own money on repairs. You can also add extra covers for things like engine problems or tyre damage for more protection. Together with third-party coverage, your complete policy protects you, other people and your Pik-up all at once.
Individual Travel Plan
Your Bolero Pik-up works hard carrying loads and covering miles every day for your business. We understand commercial vehicles need different protection than regular cars. That's why our insurance plans come with special features that match how you actually use your Pik-up for work across different roads.
Disclaimer: Please refer to the official policy documents for detailed information.
What is Covered?
Accidents and Collisions: This covers the repair costs for damage to your car 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: Offers compensation for damage or lost car parts due to theft. The coverage is based on the IDV.
What is not Covered?
Depreciation: Depreciation of your car's parts typically isn't covered, but we do cover it under the nil dep add-on.
Law Violations: We cover all accidental damage to your Mahindra Bolero Pik-up except for ones that arise due to law violations.
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.
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.
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Mahindra Bolero Pik-up Insurance Add-On Covers
Your Bolero Pik-up works hard every day, carrying loads across different roads. Basic insurance covers most things, but add-ons give you extra help for specific situations. These optional covers can save you money, protect your earnings and keep your vehicle running without problems. Pick the ones that fit how you actually use your Pik-up daily.
Nil Depreciation Cover
Money Saver
You get full repair costs without any cuts for old parts. This is really helpful for commercial vehicles because you don't lose money when claiming for repairs.
Return to Invoice Cover
Money Saver
If your Pik-up is stolen or badly damaged, you get back what you originally paid. This fills the gap between your vehicle's current worth and its purchase price.
24/7 Roadside Assistance
Extra Protection
Get help anytime your Pik-up breaks down anywhere in India. Someone will come to tow your vehicle, bring fuel or fix small problems on the spot.
Engine Protection
Extra Protection
Covers your engine and gearbox if damaged by water or oil problems. Really important when you drive through waterlogged roads or face heavy rains during work.
Consumable Cover
Extra Protection
Pays for small things like oils and filters used during repairs. The normal price for these things is higher, but this cover includes them for you.
No Claim Bonus Retention
Money Saver
Your discount stays safe even if you make one small claim. You can use your insurance when needed without losing the savings you built up.
Tools & Equipment Cover
Extra Protection
Protects tools kept in your Pik-up up to ₹25,000* if they get damaged or stolen. Good for people who carry toolkits or work equipment every day.
Personal Belongings Cover
Extra Protection
Covers your personal things inside the vehicle up to ₹25,000* if damaged or stolen. Doesn't include money or papers, and you pay ₹500 first per claim.
Hospital Cash Cover
Money Saver
Pays money if you get injured in an accident, including ambulance charges. Helps with hospital bills so you can get better without money worries.
Additional Towing Charges Cover
Money Saver
Gives more money for towing beyond the basic ₹1,500 amount. Useful when your loaded vehicle needs towing from faraway places or accident spots.
Replacement Lock Insurance
Extra Protection
Pays to replace locks and keys if you lose them. Your discount stays protected when you claim this, as long as nothing else is damaged.
EMI Protection Cover
Money Saver
Pays your loan amount if repairs take more than 30 days. Your payments stay on time during long repairs without affecting your business money.
Daily Allowance Benefit
Money Saver
Gives you cash every day when your Pik-up cannot work after an accident. Helps replace lost income and pay for other transport while repairs happen.
Emergency Hotel Accommodation
Money Saver
Pays for a hotel room if your vehicle breaks down or gets stolen more than 300 km from home. Helpful when you are stuck far away during trips.
Voluntary Deductible
Money Saver
Pay less premium by agreeing to pay some repair costs yourself. Good choice if you want cheaper insurance and can handle small expenses on your own.
Additional Limit of TPPD
Extra Protection
Gives more coverage for damage you cause to other people's property or injuries. Extra safety when carrying goods through crowded areas where accidents can happen.
RIM Protection Cover
Extra Protection
Covers wheel rim damage from potholes, bumps and hitting curbs. Bad roads can damage rims fast, and replacing them costs a lot without this cover.
Tyre Protect
Extra Protection
Pays for new tyres or repairs when they get punctured or cut. Your Pik-up tyres wear out quickly from heavy loads and rough roads, so this really helps.
Geo-Extension Cover
Extra Protection
Lets you use your insurance in Nepal, Bhutan and Bangladesh too. Must-have for businesses that deliver goods across borders to nearby countries.
Maternity Cover
For PCV Taxi
Pays to replace lost or stolen keys and install new locks. Covers up to 1% of your claim or ₹500, whichever gives you more money.
Tyre Protector
For PCV Taxi
Covers tyre and tube damage from accidents, plus wheel balancing and alignment work. Takes care of all tyre-related costs, including the labour charges too.
Rim Protector
For PCV Taxi
Pays for rim damage from accidents, including removing, fixing, balancing and aligning wheels. Covers everything needed to keep your wheels working properly.
Up to 90% Discount*
Video Claims Feature on Self-i app
11,000+ Network Garages*
Factors Affecting Mahindra Bolero Pik-up Car Insurance Premium
Your Bolero Pik-up insurance price depends on several things that we look at carefully. Understanding these key factors helps you make smart choices when buying or renewing your policy. Some of these can actually help you pay less for insurance while still getting good coverage. Let's look at what affects your premium amount.
Pik-up's IDV
IDV means how much your Bolero Pik-up is worth right now in the market today. When the IDV is higher, you pay more premium but get more money back if something bad happens to your vehicle. You can choose your vehicle's IDV amount yourself when buying new insurance or renewing your existing policy every year, based on current market rates.
Type of Coverage
The insurance plan you pick directly changes how much you pay every year for your vehicle's protection. Third-party plans cost less but only cover damage to others, while comprehensive plans cost more but protect your Pik-up too from various risks. Adding extra covers raises the price, but they protect you better in different situations that you might face on the job site.
Add-On Covers
Extra covers like Tyre Protection, Engine Protection or Zero Depreciation make your premium higher than the basic plan amount. Each add-on you choose adds to the total cost of your insurance policy for the year ahead. But they're worth it because they protect specific parts and situations that basic plans don't cover at all, especially for commercial vehicles used daily for business work.
Vehicle's Make and Model
Your Bolero Pik-up's specific model variant and engine size directly affect the premium amount you pay every year for coverage. Commercial vehicles usually cost more to insure than regular cars because they're on the road more often, carrying heavy loads daily. The fuel type and how powerful the engine is also play a big role in deciding your final insurance price each year.
Claim History
If you didn't make any claims last year, you get a No Claim Bonus discount that lowers your premium significantly for the next year. Making claims frequently can increase your premium because it shows a higher risk to the insurance company for future coverage. This bonus grows bigger each year you don't claim anything, helping you save more and more money over time on your insurance costs.
Adding Anti-Theft Protection
Installing approved anti-theft devices in your Pik-up shows it's safer from being stolen by thieves or miscreants in unsecured areas. Insurance companies reward this safety measure by lowering your premium amount because there's less risk of theft claims happening in the future. Make sure the device is approved by IRDAI to actually get this discount benefit on your insurance policy each year.
Mahindra Bolero Pik-up Key USPs
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.
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 Pik-up - Models and Prices
The Mahindra Bolero Pik-up comes in different models to fit your business needs and budget. Each variant has the same strong diesel engine and good mileage for commercial use. You can choose from basic models to ones with more comfort features like air conditioning based on what you need.
Model | Price |
|---|---|
Bolero Pik-Up 1.3 T CBC MS (Base Model) | ₹9.05 Lakh* |
Bolero Pik-Up 1.3 T MS | ₹9.56 Lakh* |
Bolero Pik-Up 4WD | ₹9.58 Lakh* |
Bolero Pik-Up 1.3 T | ₹9.63 Lakh* |
Bolero Pik-Up 1.3 T AC (Top Model) | ₹9.86 Lakh* |
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
Your Bolero Pik-up helps you earn every day, so keeping it protected is a must. Here's why our insurance is the right choice for business owners like you.
Every hour, 53 road accidents happen in India, and work vehicles face more risk because they're on the road all day. With over 4.7 lakh accidents in 2024, having good insurance saves both your vehicle and your earnings when something goes wrong.
Our plans start at just ₹238 every month* with up to 90% off*, making it easy on your pocket. You get 11,000+ repair garages* across India that use real Mahindra parts, so your Pik-up stays in good shape and keeps its value.
At IndusInd General Insurance (formerly Reliance General Insurance), our Self-i app makes claiming super easy—just click photos of the damage or do a quick video call and your cashless repair gets approved in 24 hours. With 13+ extra covers* like Engine Protection and Zero Depreciation, you can pick exactly what you need based on your daily work.
By law, you must have third-party insurance or pay fines up to ₹4,000. But full coverage protects your Pik-up from theft, crashes, floods and fires—problems that can shut down your business completely if you're not ready.
Reliance General Insurance
Aapke Protection ka All-rounder
Mahindra Bolero Pickup Insurance starting at ₹238 per month*
The backbone of your dreams deserves bulletproof protection!
Whether it's dawn deliveries or hauling harvests, your Bolero Pickup never stops. Neither should your coverage! Tailored protection with add-ons that understand your hustle.
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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
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