Mahindra Bolero Neo Plus Car Insurance

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Home / Car Insurance / Mahindra Bolero Neo Plus Insurance

The Mahindra Bolero Neo Plus is a rugged and spacious SUV that targets customers who value the characteristics of a durable, practical vehicle and one that performs strongly on Indian roads. Manufactured on Mahindra's tried-and-tested ladder-frame chassis, the Bolero Neo Plus combines a hard exterior with a trustworthy diesel engine, thus making it a very versatile vehicle for city driving, long highway journeys, and even for tough road conditions.

Equipped with a powerful diesel engine, high ground clearance, as well as versatile seating arrangements, the Bolero Neo Plus has been adopted by large families, fleet owners, and buyers looking for a reliable utility vehicle. Because of its dimensions, structure, and probable modes of usage, it is necessary to have a Mahindra Bolero Neo Plus car insurance in order to secure your vehicle against accidents, theft, natural calamities, and other unexpected risks, thereby guaranteeing a sense of security from the very first day of the vehicle's ownership.

Model Specifications of Mahindra Bolero Neo Plus
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Below are the key specifications of the Mahindra Bolero Neo Plus:

Specification

Details

Body Type

Utility SUV

Engine Type

2.2L mHawk Diesel

Engine Capacity

2184 cc

Power Output

120 bhp

Torque

280 Nm

Transmission

Manual

Fuel Type

Diesel

Seating Capacity

7 / 9 Seater

Ground Clearance

Approx. 180 mm

Safety Features

ABS, Airbags, EBD

Infotainment

Touchscreen (select variants)

Inclusions and Exclusions in the Mahindra Bolero Neo Plus Insurance Policy
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Inclusion (What’s Covered)

Exclusion (What’s Not Covered)

Theft of an insured Maruti Suzuki Victoris

Driving while consuming alcohol or drugs

Damage caused by natural calamities

Mechanical and electrical breakdown

Total loss and damage of Maruti Suzuki Victoris

Damage caused intentionally or deliberately

Damage caused by man-made calamities

Regular wear and tear

Damage caused by an accident due to a collision

Major loss after damage

Fire damage or any explosion-related damage

Drinking and driving without a valid licence

Third-party property damage

Over speeding or racing illegally

Injury or death caused to a third party

Commercial purpose use

Personal accident cover for the owner of the car

Damage caused to the car outside the geographical limit of the policy

Coverage from selected add-ons

Losses not included under chosen add-ons

Mahindra Bolero Neo Plus Car Insurance Price (2026)
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Here are the price details for the Mahindra Bolero Neo Plus car insurance, starting from ₹ 28,479 onwards, based on the selected variant and coverage.*

Fuel Type

Variant

Zero Depreciation Plan (₹)

Comprehensive Plan (₹)

IDV (₹)

Diesel

P4 (2184cc)

 

37,914

 

32,362

10.23L

 

Diesel

P10 (2184cc)

39,187

 

33,104

11.21L

 

* These prices are exclusively for ACKO customers.

Note: All plans include 1-year Own Damage and 3-year Third-party coverage.

Add-ons for Mahindra Bolero Neo Plus Insurance
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Add-ons for Mahindra Bolero Neo Plus Insurance

Enhance your Mahindra Bolero Neo Plus insurance coverage with these add-ons:

Zero Depreciation Cover
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Choosing this add-on, you need to pay a smaller amount of money from your own expense through a claim. The Mahindra Bolero Neo Plus zero depreciation insurance ensures a full claim amount without further deductions for the depreciable car parts (rubber, plastic, metal). 

Roadside Assistance Cover
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With the roadside assistance add-on cover, you gain access to 24*7 emergency roadside assistance. The emergency includes towing services during a car breakdown. Feel free to contact ACKO if you are stuck on the road due to a breakdown. 

No Claim Bonus (NCB) Protection
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A No Claim Bonus (NCB) protection add-on keeps the NCB discount the same even if there is any claim is filed. This add-on lets you file a claim and avail a discount of up to 50% on car insurance renewal. 

Engine Protection Cover
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This add-on includes coverage for the damage caused to your engine due to water spilling into the engine or oil leaking. 

Consumables Cover
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Usually, the costs of gearbox oil, car's engine oil, lubricants, nuts, bolts, screws, oil filter, and other similar items are not included during claim settlement. Whereas the consumables cover adds on to such costs. 

Return to Invoice Cover
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Choosing the Return to Invoice (RTI) cover add-on, you obtain the actual purchasing price of your car, in case there is total loss and theft. 

Compulsory Personal Accident (Owner-Driver)
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Compulsory Personal Accident Cover for the owner-driver is legally mandatory with third-party insurance, providing financial protection against death or permanent disability caused by accidents while driving the insured car on public roads.

Outstation Emergency Cover
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It reimburses the costs when your vehicle becomes incapacitated or involved in an accident at a distance of over 100 km from your home and the local repair facility is shut down for more than 12 hours.

Why Choose ACKO for Mahindra Bolero Neo Plus Car Insurance
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ACKO is a digital-first insurer offering simple, affordable, and reliable car insurance for Mahindra Bolero Neo Plus owners.

1. Low and Affordable Premiums : ACKO sells the four-wheeler insurance directly to customers without involving intermediaries. Thus, insured individuals pay low car insurance prices, with premiums starting at just ₹2,094 with a discount of up to 85%. 

2. Stress-free Claim : Filing a car insurance claim has now become stress-free. With features of free pickup and drop-off, and claim tracking, ACKO guarantees a hassle-free claim experience. 

3. Immediate Claim Settlement : ACKO provides an immediate claim settlement facility for minor claims. Major claims might be time-consuming, but are settled smoothly. Both major and minor claims are settled following the policy's terms and conditions. 

4. No Claim Bonus : If you are driving safely and no claims are filed during a year, you get to earn a No Claim Bonus (NCB). This bonus adds each claim-free year and lets you save up to 50% on car insurance premiums during renewal.  

5. One Hour Pickup for Repairs : If your Mahindra Bolero Neo Plus car meets with an accident, ACKO makes sure to pick it up for repairs within one hour. Within a short span, your vehicle is repaired, and you get back the vehicle within due time. 

6. 4000+ Network Garages : Avail access to a wide network of 4000+ cashless garages across India. Repair your car in these garage networks without any upfront payment. Get ready to experience an easy and convenient cashless repair process. 

7. 24*7 Customer Support  : Accidents can take place anytime. So, with ACKO’s 24*7 support, whenever you need any assistance with a car policy. 

Types of Car Insurance Plans for Mahindra Bolero Neo Plus
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1. Third-Party Car Insurance Policy
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This type of insurance is compulsory by law, and it essentially covers the liabilities that you would be held responsible for if you were to cause injury, death, or property damage to third parties. However, it does not include any cover for damages to your own vehicle.

2. Comprehensive Car Insurance Policy
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Offer complete protection, not just covering third-party liabilities but also own-damage expenses owing to accident, theft, fire, or natural disasters.

How to Buy a Mahindra Bolero Neo Plus Insurance Policy Through ACKO?
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Step 1: Click the "Check Prices" button at the top of the page.
Step 2: Fill in your car details such as make, model, fuel type, variant, and delivery date, then click "Continue".
Step 3: Enter your mobile number and PIN code, then click "View Plans".
Step 4: Decide on an insurance plan and then click "Customise".
Step 5: Pick the add-ons you want, then proceed.
Step 6: Include the mandatory Personal Accident cover and press "Continue".
Step 7: You can change the value of the Insured Declared Value (IDV) to suit your choice.
Step 8: Fill out the personal and vehicle details, including RTO, engine number, and chassis number.
Step 9: Review the information one more time and, after reviewing the final premium, make the payment to get insured instantly.

How to Renew Mahindra Bolero Neo Plus Car Insurance
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To experience the benefits of your coverage without interruption, on-time car insurance renewal matters. Such benefits include enhanced protection against third-party liabilities and financial assistance during accidental damage. 

Look into the steps below for easy renewal of your policy with ACKO:

Step 1: Visit the official website of ACKO or download the ACKO app on your smartphone device to sign in. 
Step 2: Choose your Mahindra Bolero Neo insurance policy and then choose the “Renew” option. 
Step 3: Review the policy information, comprehensive coverage, and add-ons, and move on to payment. 

Once done, our team will send out the renewed car insurance online policy document within a few minutes. 

How to File a Claim for Your Mahindra Bolero Neo Plus Car Insurance Policy?
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Follow the detailed steps below to claim the Mahindra Bolero Neo Plus car insurance coverage policy:

Step 1: Install the ACKO app on your smartphone device or visit its official website. 
Step 2: Provide your registered mobile number and other relevant details to log in to your account. 
Step 3: Locate the Claim button on your policy card. Click on it. 
Step 4: Provide relevant details of your Mahindra Bolero Neo Plus car damage and attach photos of damaged parts. 
Step 5: A car insurance expert from ACKO will contact you to smoothly process the claim settlement. 

Frequently Asked Questions on Mahindra Bolero Neo Plus Insurance
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Here are some of the most commonly asked questions and their answers related to Mahindra Bolero Neo Plus EV car insurance.

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Can Mahindra Bolero Neo Plus be insured in India?

Yes, it must have at least Third-Party Insurance as mandated by Indian motor laws.

What determines the insurance cost of Mahindra Bolero Neo Plus?

The premium depends on engine capacity, vehicle value, variant, city of registration, and selected add-ons.

Is Comprehensive Insurance mandatory for Bolero Neo Plus?

No, but it is highly recommended to protect your SUV against own-damage risks.

Can I customise my Mahindra Bolero Neo Plus insurance on ACKO?

Yes, ACKO allows you to customise add-ons, IDV, and coverage based on your needs.

Are cashless repairs available for Mahindra Bolero Neo Plus?

Yes, ACKO offers cashless repairs at 4,000+ authorised garages.