Mahindra Car Insurance
Buy car insurance online/renew non IFFCO Tokio car insurance policy
Buy car insurance online/renew non IFFCO Tokio car insurance policy
A noteworthy manufacturer of commercial vehicles, Mahindra is also a household name for Indian car lovers. Since ages, this car maker has engineered vehicles for Indian farmers and grabbed an enviable position in the Indian SUV segment. Some of its most popular vehicles are the Scorpio, Xylo, Bolero and Thar.
Mahindra has proved its worth when it comes to sturdiness of cars, both on and off the road. But one never knows when a mishap can occur - completely foiling the fun and burning a hole in the car owner’s pocket. Only a good Mahindra car insurance policy can protect you from this financial jolt – and, that is what we specialize in.
Your Mahindra vehicle gets a lot of protection, thanks to our specialized insurance plans. It protects you from numerous unfortunate events such as theft, accidents, floods, riots and numerous other man-made and natural calamities. We also have a wide network of cashless garages where you get your Mahindra vehicle repaired at the least possible out of pocket expenses!
Sure, Mahindra vehicles are extremely road-worthy. They are designed to taken on everything Indian roads throw at them and also have decent off-road capabilities. However, there is no vehicle that is completely safe from damage that is caused due to accidents and other road mishaps. The only way you can prepare yourself and your vehicle for such incidents is to opt for a good car insurance policy.
The number of vehicles on Indian roads is increasing every day, and with it, so is the risk of an accident. Natural calamities such as floods and cyclones have also caused wide-spread damage in metro cities of India. Automobile theft is also on the rise – in fact, as many as 44,000 vehicles were stolen in 2018.
Fortunately, you do not have to worry about the finance repercussion of such events if you have a good Mahindra car insurance policy. It will compensate for the damage caused by such perils and ensure your Mahindra is restored to mint condition at the least possible cost to you.
Buy a car insurance policy for your Mahindra should be as easy as driving it! So if you are looking to buy a suitable policy for your vehicle, you could visit your nearest IFFCO-Tokio General Insurance branch. Here, our team of executives will ensure you leave with a smiling and well protected from the perils of the road. Alternatively, you could also opt to buy Mahindra car insurance online. For this, all you have to do is visit our website and follow these 3 steps.
First, enter your vehicle details. We need to know your basic Mahindra car information and the details of the coverage you want to apply for.
Then, choose coverage and add-on benefits as per needs. Our add-on benefit Insured Declared Value (IDV) is particularly advantageous in this case.
After you have verified the information you have entered in our database, just pay the premium and the documents will be emailed to you instantly.
We understand that visiting our branch can be difficult without work and other personal commitments. But worry not, buying Mahindra car insurance online is an easier, more convenient options. Here are some benefits of buying a policy through our website.
By visiting our website, you help us save on numerous overhead expenses. These savings are given to you in form of amazing discount on your car insurance premium.
You can buy Mahindra car insurance online in a matter of minutes! Simply skipping on the branch visit will help you save a ton of time.
No need to abide by our office timings. You can log onto the website at any time and buy a plan whenever it is convenient for you!
Our insurance plans love your Mahindra car just as much as you do.
Collisions
Damages and losses that may arise out of collisions & accidents.
Theft
Coverage against losses incurred when your car is stolen.
Fire
Damages and losses caused to due to an accidental fire.
Natural Disaster
Damages and losses due to acts of nature such as floods, cyclones, etc.
Personal Accident
Get compensation up to Rs. 15 lakh in case accident leads to death or disability of the owner.
Third-Party Losses
Pays for property damages and injuries caused by your car.
Widen the coverage of your Mahindra car insurance policy with our range of add-ons.
Zero-Depreciation Add-on
The depreciation value of car parts is deducted at the time of settling the claim. When you opt for Zero Depreciation add-on, the entire claim amount without considering their depreciated value will be paid to you.
Engine Protection
If you buy Engine Protection add-on, the policy covers the repairs without you having to spend anything.
No Claim Bonus (NCB) Protection
Whenever you make a claim, NCB discount is lost. This add-on keeps your No Claim Bonus safe even if you make a claim against your policy.
Return to Invoice Cover
This is an extremely helpful add-on. With the return to invoice add-on, in case of total loss or theft of your vehicle, the insurance provider will pay the on-road price of your Mahindra car as compensation.
Roadside Assistance
If you opt for the road-side assistance add-on, you can simply call your insurance provider and they will send mechanical assistance your way in case of mechanical failure, flat tire or even if you run out of fuel!
These are some of the standard exclusions of car insurance in India.
In the case of a Third-Party or Liability Only Car Policy, damages to own vehicle won’t be covered.
You were driving drunk or without a valid driving licence.
You hold a learner’s licence and were driving without a valid driving licence-holder in the front passenger seat.
Any damage which is not a direct result of the accident (e.g. after an accident, if the damaged car is driven incorrectly and the engine gets damaged, it will not be covered)
Any contributory negligence(e.g. damage due to driving a car in a flood, which is not recommended as per the manufacturer’s driving manual, will not be covered)
These plans are required by law to drive your Mahindra car in India. They offer basic protection and do not offer cover for own-damage. Third-party insurance only compensates for damages & losses caused to a third-party person (or persons) in an accident you are involved in.
Third-party insurance also provides personal accident cover. This component pays up to 15 lakh to the policyholder or his/her family member in case of serious injuries or death arising from an accident.
If you want complete protection for your Mahindra car, you should purchase a comprehensive car insurance policy. In addition to third party cover, these plans also cover damage & loss of own car due to road mishaps, acts of nature & man-made calamities like thefts. With these plans, you can also purchase add-ons to increase the coverage of your Mahindra car insurance policy.
Before you buy an insurance policy for your Mahindra car, you should know these important car insurance terms:
Premium is the cost of your Mahindra car insurance policy. It is the amount you have to pay to enjoy car insurance coverage. It is usually payable annually, except for the case of long-term plans, where it is usually paid once every 3 years.
The financial protection provided by your insurance policy is known as coverage. The coverage of a car insurance policy will vary based on the insurance provider and the type of plan you purchase.
Add-ons are extra amounts of financial protection that you can purchase to widen the coverage of your Mahindra car insurance policy.
IDV stands for Insurer Declared Value. It is the listing price of your vehicle minus depreciation. In case of a total loss of your vehicle or theft, IDV is the maximum compensation your insurance provider will offer.
No claim bonus, or NCB, is like a reward for not making a claim. It is a discount you enjoy when you renew your plan after a claim-free year. This discount will keep increasing for every claim-free year. You can avail a maximum discount of 50% year after year for not making any claims against your policy.
The easiest way to get an accurate estimate of your premium amount is to use the car insurance premium calculator. It is a simple online tool that allows you to check the premium of your Mahindra car insurance using some very basic information. To calculate the premium, you must provide the following details:
Until recently, innovation and insurance were rarely used in the same sentence. However, we have made it our mission to change this. At IFFCO-Tokio, we are bringing in technology to provide you with car insurance that’s quicker and more convenient.
One of the ways we’re doing this is through our mobile app, which puts a host of services at your fingertips. Now, your policy can be issued instantly through smartphones of our distribution channels. You can also submit a claim with and get compensation up to Rs. 50,000 in minutes, all with just a few taps & clicks!
With close to 20 years of experience in the insurance industry, we have settled more than 8 lakhs claims (in FY19) with a settlement ratio of 92.65%. This is just one of the reasons why 1,00,000+ individuals entrust us with their car insurance needs.
4300+ Network Garages
We provide cashless services in more than 4300 garages, which are evenly spread across the country.
Quick Claim Settlement
We offer a QCS facility under which motor insurance claims get settled seamlessly within minutes.
Trusted Brand
For 19 years, we have been servicing our customers with a wide range of insurance policies.
Claims experience
We settled a total of 8.61 lakh claims in FY2019 and have a claim settlement ratio of 92.65%
Awarding winning protection
IFFCO-Tokio General Insurance Co. Ltd. won the 2019 IDC Digital Transformer Award for India for AI-based claim assessment of damaged vehicles.
Wide network of branches
Our policies can be brought from more than 20,000 agents and branches having a wide presence throughout the country
