Mahindra Bolero Neo Insurance
Mahindra Bolero Neo Insurance
The Mahindra Bolero Neo is a compact SUV produced by the Indian car manufacturer Mahindra. It was first introduced in 2020 as an updated version of the popular Bolero model. Overall, the Mahindra Bolero Neo is a compact and rugged SUV, offering a basic but functional vehicle for those looking for a reliable and affordable vehicle. It is perfect for city and rural usage.
Driving a car carries the risk of accidents and collisions. Also, cars are exposed to the risk of damage caused due to non-collision factors like fires, theft, natural disasters, and man-made disasters. The Mahindra Bolero Neo has numerous safety features like driver and co-driver airbags, ABS with EBD, and seat belt reminders. However, to ensure the complete protection of your Bolero Neo, it is important to buy a comprehensive car insurance policy designed for Mahindra cars.
In India, it is mandatory for all cars to have third-party insurance for four wheelers. These policies offer coverage for third-party liabilities caused to an accident or collision caused by your car. However, they don’t cover damages to the insured car. Hence, many car owners opt for comprehensive policies. If you are looking for complete protection for your Mahindra Bolero Neo, then you might want to consider buying a comprehensive Mahindra Bolero Neo car insurance policy.
You can find numerous options for Mahindra Insurance in India. To find the best protection, make sure that you compare different insurers and policies carefully. You can also use a car insurance calculator to get an estimate of the premium and customize the policy according to your budget and needs. TATA AIG offers a range of four-wheeler insurance plans including comprehensive Mahindra Bolero Neo insurance to help you get the best coverage for your car.
Mahindra Bolero Neo Car Insurance Renewal/Purchase via Tata AIG
When you start looking for an insurance policy for your Bolero Neo, you have two options to choose from:
Third-Party insurance that covers damages to third-party person or property only
Comprehensive Mahindra Bolero Neo insurance that covers third-party liabilities and damages to your car
With TATA AIG, you can buy Mahindra car insurance and opt for Mahindra car insurance renewal online within a few minutes. Here are the steps that you can follow to buy/renew a car insurance plan from TATA AIG:
Start by visiting TATA AIG’s official website at www.tataaig.com
Scroll to the top of the page and click on All Products. From the list that is displayed, click on Car Insurance.
You will see a form at the top of the Car Insurance Page. Enter the registration number of your Bolero Neo and click on one of these two buttons:
Get Price: If you are looking to purchase Mahindra car insurance online for your Mahindra Bolero Neo
Renew: If you are looking to renew your existing TATA AIG Mahindra Bolero Neo car insurance policy
Once we have these basic details, we will display a base premium price for a comprehensive policy
We will also offer you a list of IDVs. The Insured Declared Value or IDV is the market price of a car that helps us determine the policy’s sum insured and premium. Make sure that you choose the IDV carefully.
If you are looking to renew your policy, then we will need details of any claims filed during the previous policy term. If not, then you will have the option to select the No Claim Bonus discount
You can include add-on covers to customize the policy as per your needs. If you are renewing your policy, then you can remove/add these covers as required
You can also choose the voluntary deductible to reduce the premium. However, this will increase the amount you will have to bear during every claim. Choose this carefully
With all these details available, we will offer a final premium price for the policy
You can pay the premium using any of the digital payment methods listed on the site
Once we have the payment, we will email the soft copy of the policy documents to you
Mahindra Bolero Neo Insurance Cost – Your Premium Amount
Buying a car insurance policy is a recurring cost since you need to keep it active for as long as you own the car. Hence, many car owners pay attention to the premium that they have to pay. To get the most cost-efficient policy, it is important to understand the factors that contribute to the calculation of the premium of a car insurance plan. With this information and access to a free online car insurance calculator, you can get the best protection for your Bolero Neo within your budget. Here is a quick look at the factors that impact the premium calculation of a car insurance policy:**
Vehicle Make and Model: The type of car you drive can affect your premium, with some vehicles being more expensive to insure than others.
Age and driving experience: Young and inexperienced drivers are typically charged higher premiums than older and more experienced drivers.
Driving history: A clean driving record can help lower your premium, while a history of accidents or traffic violations can cause your premium to increase.
Location: The area where you live can affect your premium, with rates typically being higher in urban areas than in rural areas.
Coverage level: The amount of coverage you choose can affect your premium, with more comprehensive coverage generally costing more than basic coverage.
Deductible: The amount of your deductible, or the amount you pay out of pocket before insurance kicks in, can affect your premium. A higher deductible will typically result in a lower premium.
Credit Score: Your credit score can also affect your premium, with those with good credit generally paying lower premiums than those with poor credit.
Annual mileage: The more you drive your car, the higher the risk of an accident, and the higher your premium may be.
Usage of car: If you use your car for business purposes or for commuting to work, you may pay a higher premium than if you only use it for pleasure.
Safety features of the car: Cars equipped with certain safety features such as airbags, anti-lock brakes, and anti-theft devices may be eligible for discounts on your premium.
Things Covered and Not Covered under Tata AIG’s Mahindra Bolero Neo Car Insurance
| Things Covered Under Tata AIG’s Mahindra Bolero Neo Car Insurance | Things Not Covered Under Tata AIG’s Mahindra Bolero Neo Car Insurance |
|---|---|
| Loss or damage to the insured vehicle: This includes damage caused by accidents, collisions, fire, theft, and natural disasters. | Wear and tear: This includes damages caused to the insured vehicle due to normal usage and aging. |
| Liability to third parties: This includes coverage for bodily injury and property damage caused by the insured vehicle to other parties. | Mechanical or electrical breakdown: This includes damage caused to the insured vehicle due to mechanical or electrical failure unless caused by an accident. |
| Personal Accident cover: This covers accidental death or permanent total disability of the driver or occupants of the insured vehicle. | Intentional damage: This includes damage caused to the insured vehicle as a result of the deliberate actions of the policyholder. |
| Medical expenses: This covers medical expenses incurred by the driver and occupants of the insured vehicle as a result of an accident. | Driving under the influence: This includes damage caused to the insured vehicle as a result of the policyholder driving under the influence of drugs or alcohol. |
| Add-on covers: These include a range of covers like: |
War and nuclear perils: This includes damage caused to the insured vehicle as a result of war, invasion, acts of foreign enemies, hostilities or warlike operations, civil war, rebellion, revolution, insurrection, military or usurped power, or nuclear perils |
| Use of vehicle for illegal purpose: If the vehicle is used for illegal purposes and is seized by the government or any other authority, the insurer will not be liable to pay the claim. | |
| Loss or damage while driving without a valid driving license: The insurer will not be liable to pay for any loss or damage if the driver of the vehicle at the time of the accident did not possess a valid driving license. |
Why is it Important to Have Tata AIG for Your Mahindra Bolero Neo Car Insurance?
Comprehensive coverage: Tata AIG offers a wide range of coverage options, including liability to third parties, loss or damage to the insured vehicle, personal accident cover, medical expenses, and more.
Cashless claims service: Tata AIG offers cashless claims service at network garages across the country.
Easy online purchase and renewal: Tata AIG allows customers to easily purchase and renew their car insurance policy online.
24/7 customer service: Tata AIG offers 24/7 customer service and support, making it easy for policyholders to get help when they need it.
Overview – Mahindra Bolero Neo Car Model
The Mahindra Bolero Neo is a compact SUV manufactured by the Indian car maker Mahindra. It was launched in 2020, as an updated version of the popular Bolero model. Some of the key features of the Mahindra Bolero Neo include:**
Engine: The Bolero Neo is powered by a 1.5-liter mHawk diesel engine that produces 100 horsepower and 240 Nm of torque. It is paired with a 5-speed manual transmission.
Design: The Bolero Neo has a bold and rugged design, with a distinctive front grille, projector headlamps, and LED DRLs. It also features body-colored bumpers and ORVMs, and 14-inch steel wheels.
Interior: The Bolero Neo has a spacious and comfortable interior, with seating for up to 7 passengers. It features a 2-DIN audio system with Bluetooth and USB connectivity, and a digital driver information display.
Safety: The Bolero Neo comes with standard safety features, including dual airbags, ABS with EBD, and seatbelt reminder.
Comfort & Convenience: The Bolero Neo comes with several comfort and convenience features, including power windows, central locking, and an electric fuel filler.
Mileage: The Bolero Neo is claimed to have a mileage of 15.96 km/l
Overall, the Mahindra Bolero Neo is a rugged and reliable compact SUV, with a comfortable interior and a range of features that are designed to make it a great choice for both city and off-road driving.
Mahindra Bolero Neo Variants and Prices
| Mahindra Bolero Neo Variants | Price of Variants (Ex-Showroom Delhi) |
|---|---|
| Bolero Neo N4 | Rs. 9.48 Lakh |
| Bolero Neo N8 | Rs. 10.00 Lakh |
| Bolero Neo N10 R | Rs. 11.21 Lakh |
| Bolero Neo N10 | Rs. 11.21 Lakh |
| Bolero Neo N10 Limited Edition | Rs. 11.50 Lakh |
| Bolero Neo N10 Option | Rs. 11.99 Lakh |
Unique Selling Points: Mahindra Bolero Neo Car Features
Here are the USPs of Mahindra Bolero Neo:
Powerful engine: The Bolero Neo is powered by a 1.5-liter mHawk diesel engine that produces 100 horsepower and 240 Nm of torque. This makes it powerful enough to handle a variety of driving conditions, both on and off-road.
Rugged design: The Bolero Neo has a bold and rugged design, with a distinctive front grille, projector headlamps, and LED DRLs. This gives it a commanding presence on the road and makes it stand out from other compact SUVs in its class.
Spacious and comfortable interior: The Bolero Neo has a spacious and comfortable interior, with seating for up to 7 passengers. This makes it a great choice for families or groups of friends.
Good fuel efficiency: The Bolero Neo is claimed to have a mileage of 15.96 km/l. This makes it a great choice for long-distance travel or for those who need to save on fuel costs.
Strong safety features: The Bolero Neo comes with standard safety features, including dual airbags, ABS with EBD, and seatbelt reminder. This provides added peace of mind for drivers and passengers.
Easy to maintain: The Bolero Neo is known for its simple and robust design, which makes it easy to maintain.
High resale value: Mahindra vehicles are known for their good resale value, and the Bolero Neo is no exception.
Good off-road capabilities: With its high ground clearance, powerful engine, and rugged design, the Bolero Neo is a capable off-road performer.
Wide Service Network: Mahindra has a wide service network across the country, making it easy to find a service center near you.
Warranty: Mahindra offers a standard warranty of 2 years or 50,000 km on the Bolero Neo.
Rivals of Mahindra Bolero Neo
Maruti Suzuki Vitara Brezza
Ford EcoSport
Tata Nexon
Hyundai Venue
Kia Sonet
Disclaimer / TnC
Your policy is subjected to terms and conditions & inclusions and exclusions mentioned in your policy wording. Please go through the documents carefully.
Related Articles
How to register a claim for Mahindra Bolero car insurance with Tata AIG?
How to register a claim for Mahindra Bolero car insurance with Tata AIG?
To register a car insurance claim with Tata AIG for your Mahindra Bolero after a mishap, follow these simple steps –
- On our website, click on ‘Claim’ and you will be redirected to an online claim application form.
- Fill up the form with every detail related to your vehicle like your insurance policy number, your personal details, license details, details related to the incident, a copy of the FIR.
- Specify if the accident caused any kind of third-party damages or not.
- Once filling up the application form, click on ‘Submit’.
- We will then analyze your car and send it to the garage for repair.
We will soon start the claim settlement process and once it did, your repaired car will be sent back to your doorstep.
What are the documents required to file a car insurance claim?
When filing a claim with Tata AIG for your Mahindra Bolero, you’ll have to produce the below-listed documents:
- A verified copy of the First Information Report (FIR)
- A copy of the vehicle’s Registration Certificate (RC)
- A copy of the driver’s license
- A copy of the policy documents
- The original keys to the vehicle
- RTO transfer papers duly signed with Form 28, Form 29, and Form 30
- NOC and Form 35 from the lender where the car has an active loan
- No Trace Report from the police in cases of theft of the vehicle
- The claim form, duly filled and signed by you or the insured
Is it necessary to have car insurance for Mahindra Bolero?
Yes. As per the Motors Vehicle Act of 1988, every vehicle in India should at least have third-party insurance. Without the same, you cannot drive a car on the Indian roads.
Disclaimer: All the car prices and other information listed above pertain to a specific city and vehicle model. Since this information is subject to change, it is advisable to check the latest information before purchasing a vehicle or an insurance policy.
Q1. How to Claim Mahindra Bolero Neo Car Insurance?
With TATA AIG, you can file a claim online within no time. The process of filing claims is simple and hassle-free allowing you to get the claim settled quickly too. The process is as follows: Visit www.tataaig.com – the official website of TATA AIG Go to the Claims Page by clicking on Claims in the top menu You have two options here: Initiate Claim: Choose this option if you want to file a new claim under your Mahindra Bolero Neo car insurance policy Track Claim: Choose this option if you have already filed a claim and want to know its status Once you choose “Initiate Claim” and “Car” under the product type, you will be required to enter your registered mobile number to start the process Next, we will need details of your policy, car, and the FIR filed with the police along with details of the accident and/or damage caused to your car Once we receive the information and requested documents, we will verify them and assess the damage to your car Based on our assessment, we will determine a claim settlement amount and send your car to a network garage for repairs Once the repairs are done, we will return the car to you
Q2. How to Renew Mahindra Bolero Neo Car Insurance?
Mahindra Bolero Neo car insurance renewal is simple with TATA AIG. The process is as follows: Go to www.tataaig.com – the official website of TATA AIG Visit the Car Insurance Page by clicking on All Products in the top menu and selecting Car Insurance in the dropdown There is a form at the top of the page. Enter the registration number of the car and click on “Renew” Enter the details of your car and the existing insurance policy as requested by the site Make the payment of the premium using the available digital payment methods Once we receive the payment, we will email the renewed policy documents to you
Q3. How much does the lowest variant of Mahindra Bolero Neo cost?
The lowest variant of Mahindra Bolero Neo is Bolero Neo N4, priced at Rs. 9.48 Lakh.
Disclaimer: All the car prices and other information listed above pertain to a specific city and vehicle model. Since this information is subject to change, it is advisable to check the latest information before purchasing a vehicle or an insurance policy.
Other Topics
