Mahindra Car Insurance

Mahindra & Mahindra is an Indian automotive manufacturing company which has its headquarters in Mumbai, Maharashtra. Formerly named Muhammad & Mahindra the company was established in 1945 and was later renamed to its current title. It is one of the top automobile manufacturers in India and the largest tractor manufacturer in the world. The automobile company is part of a larger conglomerate of Mahindra that participates in a variety of other industries. Mahindra offers an extensive variety of SUVs, MUVs and CUVs in the Indian market currently.

Mahindra Car Insurance

When purchasing a Mahindra car make sure to purchase insurance for it. Car insurance provides a protective layer for the vehicle and its owner-driver. With the insurance, the policyholder will have greater peace of mind knowing that he/she will receive compensation for any damages to their car and hence, will also be financially stable in times of crisis. Cars have become an integral part of our everyday lives and are also an expensive purchase. Hence making sure that they are safeguarded is of utmost importance. With an own-damage insurance cover, your Mahindra car can be protected from uncertainties of the road including accidents, vandalism, natural and man-made calamities

Additionally, having third party insurance for your Mahindra car is compulsory. Without it you can be fined Rs. 2,000 and/or be imprisoned for up to three months. The insurance cover will take care of third party liabilities including bodily injuries, death and property damage. The insurance premium amount of your Mahindra car insurance is determined largely by the Insured Declared Value of the car. This is calculated by deducting the depreciation rate of the car according to its age from the manufacturer’s selling price. The IDV is the maximum compensation the insurance provider will give the policyholder in case of a mishap.

Add-on covers can also be purchased to further strengthen your Mahindra car insurance. These are optional in nature and provide the insurance policies with the flexibility to be shaped for individual needs. Here are some useful add-on covers that may be a good addition to your Mahindra Car Insurance:

• Zero Depreciation Cover: This cover negates the depreciation rate of the car at the time of claim settlement. This makes the insurance claim amount significantly higher. However, this is only available for cars that are less than five years old and can be used a limited number of times in a year.
• Roadside Assistance Cover: In case your Mahindra car has a breakdown the add-on cover will take care of transportation costs, on-site repairs etc.
• Passenger Assistance Cover: In case of a mishap this add-on will take off the costs of medical care, transportation and hospital fee.

Car Insurance Renewal Process for Mahindra Cars

Mahindra car insurance renewal is a quick, easy & hassle-free process when it is done online. To continue to enjoy the coverage of a car insurance policy, every Mahindra car owner should renew its car insurance plan before the due date of expiry every year without fail. Hence, it is highly recommended to remember the expiry date of your plan and renew your cover before it lapses to keep your Mahindra car insured and secured. Follow the below-given steps to renew your car insurance plan online:

Step 1: Visit the official website of the InsuranceDekho. Click on the ‘Car’ section.

Step 2: Fill up the Registration Number of your Mahindra car and click on the ‘Proceed’ button. Choose the variant and fuel type of your Mahindra car to continue. In case you do not know the registration number of your Mahindra car then you must choose ‘Don't know your car number?’ option and select your car’s brand, model, variant, fuel type, registration city, registration year, etc., to continue ahead.

Step 3: Fill up the date of expiry of your last car insurance plan and the name of your insurance company. In addition to this, you will also have to share that if you have raised any claim under your car insurance during the previous policy year and click on the ‘Continue’ tab to continue.

Step 4: Fill up your personal details which include your name, mobile number and the term for which you wish to buy a car insurance policy and click on ‘Submit and Get Quotes’ link.

Step 5: Different car insurance policy premium quotes offered by several car insurance firms will appear before you. Choose a car insurance plan quote after making a comparison on the basis of your needs and budget. You can also add some add-on covers of your choice at this step.

Step 6: Check all the details entered by you and then click on the ‘Buy Now’ button to initiate the payment process to renew your car insurance plan for Mahindra car. You can make the renewal payment using debit or credit card, digital wallets and net banking options. After the successful completion of the payment for the renewal of a car insurance, its policy document will be directly sent to the Email ID registered by you.

Claim Cashless Car Insurance For Mahindra Cars

The cashless car insurance policy is an option which allows you to get the repairment of your Mahindra car at the authorised or network garage of your insurance firm without making any payment as under this facility the insurer is entitled to pay for the car repair bill on your behalf after analysing and checking the repair invoice and relevant documents. To utilise this cashless car insurance option, you have to intimate your insurance company immediately about the mishap or an accident to start the process.

The cashless car insurance liberates the policyholders from making a sudden repair payment for your car after getting involved in a mishap or an accident. The cashless car insurance procedure needs fewer documents to be submitted and lesser formalities to go through compared to the reimbursement claim procedure. Cashless car insurance is also a faster process as under it the insurer sends a surveyor immediately to the spot or garage after a mishap that expedites the process as the insurance company settles the claim based on the surveyor's report. Also, the cashless insurance option makes you get your car repaired at the best services centres as only the best workshops are authorised by the insurance companies as their network garages.

Renew Expired Policy for Mahindra Cars

In India, it is compulsory to own a car insurance policy by every car owner while driving a car, hence, renewing your car insurance on time is crucial to always keep it active. But, if your car insurance policy has expired, the insurer’s promise to cover it stands nullified and you cannot raise a claim. In such a case, insurers offer a grace period to renew their car insurance which is generally around 90 days during which you can insure your Mahindra car without facing consequences such as an increase in premium and without going through a car inspection.

With the expiration of your car insurance policy you lose coverage for your car, no claim bonus benefit gets nullified, and you may also get into legal trouble. Therefore, it is recommended to reach out to your insurance company, avoid driving your car, keep necessary documents handy on getting your car insurance plan expired. However, it is suggested to renew your car insurance plan online, which hosts numerous benefits. To renew the car insurance policy online you should visit the website of the insurance company, enter necessary details, choose a suitable car insurance policy, and make the payment.