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Mahindra Bolero Neo Car Insurance

93% ACKO users save at least ₹1,200 on Bolero Neo insurance

Car insurance starting ₹2,094*

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Mahindra Bolero Neo Car Insurance

Home / Car Insurance / Mahindra Car Insurance / Mahindra Bolero Neo Insurance

The Mahindra Bolero Neo is a seven-seater Sports Utility Vehicle (SUV) with a powerful engine,  confident exterior and attractive features. If you are a lucky owner of this rugged four-wheeler, read ahead, this article is for you! Here, we have discussed Mahindra Bolero Neo’s insurance options and the upsides of using online car insurance.

Importance of buying online car insurance for Mahindra Bolero Neo
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If you own a Mahindra Bolero Neo, here’s how online insurance will benefit you.

1. No paperwork
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Purchasing car insurance via offline mode may require you to fill out a few physical forms. Conversely, buying car insurance via online mode only requires the input of a few details digitally before making the online payment. After that, you will be emailed the soft copy of the policy document.

2. Easy access
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To buy offline car insurance, you may need to visit the insurance company's office or meet an agent in person. The same is true while raising claims. In contrast, online car insurance can be purchased from anywhere, and you can also raise claims, renew your policy and access other features remotely.

Anytime assistance
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Car accidents are unfortunate and cannot be predicted, so having ready assistance available is crucial. With this need in mind, online insurers typically provide a toll-free number and a detailed help section to guide you in such circumstances.

Car insurance policies for Mahindra Bolero Neo
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Here are the two fundamental car insurance policies that can be purchased for Mahindra Bolero Neo.


Third-party Car Insurance Policy
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As per The Motor Vehicles Act of 1988, Third-party Car Insurance is the minimum financial protection one must have to drive on Indian roads legally. It offers third-party liability coverage against collision-caused injury, death and property damage. However, it does not cover damages to your insured vehicle.


Comprehensive Car Insurance Policy
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Comprehensive Car Insurance offers broader coverage than the basic Third-party Policy. Its coverages include financial protection against third-party liabilities and accident-related damages to your insured vehicle. It also offers the option of extending coverage by purchasing add-ons. There are different add-ons for different coverages.

What’s covered in Mahindra Bolero Neo car insurance?
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If you purchase Comprehensive Car Insurance for your Mahindra Bolero Neo, you can expect to receive the following coverages.

What’s not covered in Mahindra Bolero Neo car insurance?
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Comprehensive Car Insurance for your Mahindra Neo may not offer coverage under the following circumstances.

Add-ons for Mahindra Bolero Neo car insurance
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The following are some of the popular add-ons that you may be able to select along with a Comprehensive Car Insurance Policy.

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ACKO is a leading digital-first insurer in the country. Our insurance products include car insurance for several car brands, including Mahindra. Here’s why you should choose our car insurance for your Mahindra Bolero Neo.

Optimize savings

1. No commissions
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Typically, middlemen are involved in car insurance transactions. This may inadvertently increase the policy’s cost. ACKO follows a “no commission policy”, so our insurance products are sold directly to our customers from our website/app.

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2. Instant settlements
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Generally, claims raised towards accident-related damages can take a couple of days to get settled. However, at ACKO, we try to settle claims as soon as possible. For instance, claims raised for minor damages are settled in just a few hours.

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3. Repair-related transportation
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In the event of an unfortunate accident, contact us, and we will pick up your car, get it repaired, and deliver it to you. However, note that this benefit is subject to the terms and conditions of your car insurance policy.

ACKO’s claim procedure
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Claim against your Mahindra Neo Insurance Policy by following the simple steps below.

Once your claim has been successfully submitted, our claims team will process the request and credit the settlement as per the policy's terms.

Frequently asked questions
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In this section, we will discuss some of the frequently asked questions regarding Mahindra Bolero Neo insurance.


If I raise an accident-related claim for my Mahindra Neo, how long will it take to process the claim?

Depending on the intensity of the accident-related damages, it could take anywhere from a few hours to a few days for your claim to be processed. We usually settle claims raised towards minor damages within a few hours of the claim request.

Which insurance policy offers the maximum coverage for Mahindra Bolero Neo?

A Comprehensive Car Insurance Policy offers the maximum coverage for Mahindra Bolero Neo. It also offers the provision of extending the coverage by selecting add-ons.

How to save money while buying car insurance for my Mahindra Neo?

You can follow the below-listed tips to save money on your Mahindra Bolero Neo car insurance.

  • Opt for online car insurance: Online policies are generally more cost-effective than offline alternatives.

  • Choose ACKO’s car insurance: We offer low-cost car policies that are commission-free.

  • Choose a reasonable Insured Declared Value (IDV): The higher the IDV you select, the more the premium payable.

  • Select only the necessary add-ons: Different add-ons offer different coverages. And more add-ons means higher premium. Choose only the necessary ones.

Car Insurance for Other Mahindra Car Models:
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Disclaimer: The plans, services, features, processes, and other details mentioned on this page are subject to availability and changes. Please check the applicable policy wordings before making any insurance-related decisions. Feel free to reach out to us at [email protected] for any queries.