Mahindra Bike Insurance

Highlights
  • Excellent resale value
    Check in your City
  • Issuance of Insurance with ease
  • Advanced technology equipped products
  • Widely recognised and rewarded vehicles
  • Availability of more than 1500 touch points

About Mahindra

Mahindra Two Wheelers Limited (MTWL) is a part of the USD 19 billion Mahindra Group, an Indian conglomerate. The company came into existence in 2008, when Mahindra & Mahindra Limited acquired the business assets of Kinetic Motor Company Limited. Mahindra & Mahindra Two Wheelers Division has lately acquired a 51% stake in Peugeot Motorcycles (PMTC), part of the Peugeot S.A. (PSA) Group based in France.


The company is rapidly expanding its distribution and customer service networks in India. In a short span of time, the firm has managed to have more than 1500 touch points and is now operating over 200 mobile service points to serve customers better. It has marked its presence in 17 countries across South Asia, Africa, Middle East and Latin America.


With a highly advanced R&D Centre at Pune, the firm has been delivering high performance and innovative products to customers. All our two-wheeler products are manufactured at the state-of-the-art manufacturing unit of the company based in Pithampur, Madhya Pradesh, India. The firm performs on three principles which are Accepting No Limits, Alternative Thinking and Driving Positive Change.


When it comes to rewards and recognitions, the flagship motorcycle of the firm, the Mahindra Centuro, has bagged over 11 industry and consumer awards. On the other hand, the newly launched Mahindra Gusto scooter has got 5 awards in the ‘Scooter of the Year’ and ‘Innovation of the Year’ categories. The range of products of the company are equipped with unparalleled technology and quality to make its customers ride high on trust, reliability and innovation.

Mahindra Bikes Insurance Premium Price

ModelVariantIDVZero Dep (in INR)Gross Premium (in INR)
Mahindra CenturoRockstar Kick Alloy 22907 NA 1035
Mahindra Stallio110 24010 NA 1042
Mahindra DuroDuro 26226 NA 1056
Mahindra PanteroSS Alloy Digital 19407 NA 1012
Mahindra MOJO UT 300STD 108302 NA 2783
Mahindra KineKine 80cc 22785 NA 1034
Mahindra GustoVX SPL EDITION 24210 NA 1043
Mahindra Mojo 300ABS 19640 NA 1014
Mahindra Gusto 125VX CBS 26910 NA 1061
Mahindra Sym FLyteSYM Flyte 21272 NA 1025
Mahindra MOJO XT 300Tourer Edition 133946 NA 3107
Mahindra RodeoUzo STD 37362 NA 1128
The above-mentioned premiums are suggestive and may change basis terms & conditions

Which bike do you ride?

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When did you buy your bike?
20042019
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Add-ons For Your Mahindra Bike Insurance

  • Zero Depreciation
    Zero Depreciation

    Like other assets, the value of your bike also depreciates constantly with time and the liability of this expense by default rests with the policyholder. A zero depreciation add-on protects you against the depreciation expenses incurred by your bike. Thus, if you opt for a zero depreciation cover, depreciation expense of your bike is not deducted from your claim amount at the time of a claim settlement. This add-on is available with comprehensive bike insurance plans as well as standalone bike insurance plans. This is one of the most popular and recommended bike insurance add-on covers.

  • Invoice Protection
    Invoice Protection

    In case of total loss (more than 70% damage) or theft of your bike, the insurance company pays you the Insured Declared Value of your bike as compensation. However, this Insured Declared Value (IDV) is less than the invoice price which you pay at the time of purchasing your bike. The Invoice Protection add-on cover helps you claim the Invoice Price, i.e. total ex-showroom price of your bike plus taxes plus registration charges, of your bike in case of total loss or theft of your bike.

  • NCB Cover
    NCB Cover

    No Claim Bonus is the reward which is given to the policyholder for not making any claim during the policy period. This reward is offered by the insurer in the form of a discount on the own-damage premium of the bike insurance policy at the time of policy renewal. The NCB ranges from 20% to 50% of the own-damage premium depending on the number of claim-free years. However, if you make even a single claim during the policy period this NCB gets lost. But, with the NCB Cover, you can keep your NCB intact even after making a claim during the policy period.

  • Engine Protection Cover
    Engine Protection Cover

    The damages incurred by the engine of the bike are by default not covered under a bike insurance policy. However, if you opt for an Engine Protection Cover, the insurer will be liable to compensate you for damages incurred by the engine of your bike such as damage due to leakage of lubricants, water ingress, hydrostatic lock, damaged gearbox, broken crankshafts or pistons and cylinders. The repair cost of the internal engine parts is often high and can sum up to thousands of rupees or more. Thus, addition of this add-on to your comprehensive or standalone bike insurance policy can save you from these expenses.

Mahindra Bike Insurance User Reviews

  • Sangeeta N Chalawadi

    Quick and reliable service. Good response from customer care.

    S
    Sangeeta N Chalawadi
    On: 3rd December, 2019 | Views
  • Alwala jahnavi

    Good online service. Easy processing. Hope after sales service will also be good

    A
    Alwala jahnavi
    On: 19th June, 2019 | Views

FAQ

  • How long does it take to renew a Mahindra bike insurance?

    You can get your bike insurance renewed in just 5 minutes with InsuranceDekho.

  • Which all insurance add-ons should I buy for Mahindra bikes?

    The popular insurance add-ons opted with bikes include zero depreciation add-on, consumable cover and NCB (No Claim Bonus) cover among others.

  • From where can I purchase insurance for my Mahindra bike?

    You can visit our website insurancedekho.com, compare all available premium quotes for Mahindra bikes and select the one which best suits your requirements. With InsuranceDekho, get policy issued instantly.

  • Which insurer has the best claim settlement ratio for Mahindra bikes?

    Acko General Insurance, Bharti AXA General Insurance and ICICI Lombard General Insurance are among the bike insurers who have registered impressive claim settlement ratio for Mahindra bikes.

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