Home / Motor Insurance / Car Insurance / Car Insurance for Make and Model / Mahindra / XUV500

Introduction
What's included?
What's not included?
Add-on covers
FAQs

Mahindra XUV 500 Car Insurance

India’s largest utility vehicle manufacturer, Mahindra, is popularly known brand for the ‘Jeep’ segment, it has been a household name in the country since India’s Independence. Their current lineup consists of SUVs such as the Bolero, the Scorpio, the TUV300 and the XUV500. Mahindra has ventured in the compact sedan segment with the Verito and the hatchback segment with the KUV100.

The manufacturer also holds the distinction of being the only car maker in India, which has invested heavily in the all-electric vehicle technology and has two electric cars on sale in the county - the e20 hatchback and the e-Verito sedan. These vehicles are capable of achieving a driving range close to 100 kilometer on a single charge.

Mahindra also owns the Korean carmaker SsangYong, which retails its SUV the Rexton, in India. More models are expected from the Korean arm to be launched in India in the near future. Also a good Car Insurance Plan for Mahindra XUV 500 can offer much-needed financial protection in case of an accident.

Top 5 Mahindra Car Models

Mahindra ScorpioThe ‘macho’ SUV that established Mahindra as an upmarket SUV brand in India, the Scorpio. In this second generation, the car continues to be one of the best-sellers for the brand in India. Powered by a 2.2-litre diesel motor, the car is also available with a four-wheel drive variant with a low-ratio gearbox.

Mahindra Bolero The trusted rural workhorse, Bolero, remains one of the largest-selling utility vehicles in India for more than a decade now. Mahindra recently updated the Bolero with a downsized 1.5-litre diesel motor and brought it under sub-compact SUV segment, thereby lowering the price tag.

Mahindra TUV 300The sub-compact SUV from Mahindra offers plenty of road presence, a well-designed ergonomic cabin and a fuel-efficient 1.5-litre diesel engine with an automatic option. Fitting into the sub-compact SUV segment, it is the only offering that features a rear-wheel drive and an old-school ladder-on-frame construction.

Mahindra XUV 500The front wheel/all-wheel drive SUV from Mahindra, the XUV500 transformed Mahindra’s image from a rough, old school UV maker to a modern, premium carmaker. Loaded with exhaustive list of equipment and a powerful 2.2-litre diesel motor, the XUV500 became an instant hit in the India. Even after the launch of multiple alternatives over the years, the Mahindra has kept XUV demand steady with regular updates and variants

Mahindra e20 PlusThe only all-electric hatchback sold in India, the e20, is beacon of hope to the future of automobiles in the country. Powered by a 72V battery pack, the e20 has the potential of attaining a top speed of 85 km/h and has a driving range of 100 kilometre per charge.

Reasons to buy Mahindra XUV 500 Car Insurance

80% of our car claims are settled the same dayˇ

Why look elsewhere, when amazing quotes are just a click away?

Go Cashless! With 8000+ Cashless Garages

8000+ Network Garages spread all over the country, isn’t that’s a huge number? Not just this, we let you register a claim via IPO app & website & we approve your claims within 30* Minutes.

Why Limit Your Claims? Go Limitless!

HDFC ERGO opens doors to unlimited claims! Though we believe you’ve been driving cautiously, however in case of any claim you wish to register, we do not restrict you.

Overnight Car Repair Services

We repair minor accidental damages from dusk to dawn without any hassle. You can simply get in touch with us; we will get your car picked at night, repair it and deliver it by morning at your door step.

Buy Now

Mahindra XUV 500 Car Insurance-What's Included?

Accidents

Accidents are uncertain. Did your car get damaged due to an accident? Don’t panic! We cover it!

Fire & Explosion

Boom! Fire may hamper your car partially or totally, whatsoever be the loss due to Incidents of fire and explosion. Do not worry we can handle it.

Theft

Car got stolen? Sounds quite unfortunate! Before you fret over it, let us inform you we will secure it!

Calamities

Havoc due to earthquake, landslide, floods, riots, terrorism etc. may take a toll over your favourite car. Read More...

Personal Accident

You can skip this cover, if you have an alternate personal accident policy of Rs 15 LakhsRead More...

Third Party Liability

In case your vehicle accidentally caused injuries or damages to the properties of a third person, we offer complete coverages to Read More...

Mahindra XUV 500 Car Insurance-What’s not included ?

Depreciation

We do not cover depreciation in the value of the car

Electrical & Mechanical Breakdown

Any electrical or mechanical breakdowns remain uncovered under our car insurance policy

Illegal Driving

Your car insurance goes out of action if you do not possess a valid driving license. Driving under the influence of drugs/alcohol Read More...

ADD On Covers under Mahindra XUV 500 Car Insurance

Mahindra XUV 500 Car Insurance-Zero Depreciation Cover

Get the Entire Amount With Zero Depreciation Cover!

Usually, your policy will only pay you the claim amount after deducting the depreciation amount. Your policy wordings will contain the details of depreciation. So, what can you do to get the entire amount? There is a way out! The zero-depreciation cover! With zero depreciation, there are no depreciation cuts, and you get the entire amount in your hands !

How does it Work? If you car is damaged and the claim amount is Rs 15,000, out of which insurance company says that you may have to pay 7000 as depreciation amount excluding policy excess/deductible. If you buy this add on cover then, the insurance company will pay the entire assessed amount. However, policy excess/deductible needs to be paid by the customer, which is quite nominal.

Mahindra XUV 500 Car Insurance-No Claim Bonus Protection

There’s a way you could protect your NCB

In case of claim for damage caused due to external impact, flood, fire etc to a parked vehicle or damage to windshield glass, this add on cover not only protects your No Claim Bonus earned so far, but also takes it to next NCB slab.

How does it work? Consider a situation wherein your parked car gets damaged due to collision or any other calamity, No Claim bonus protection shall keep your NCB of 20% protected for the same year and take it smoothly to the next year slab of 25%. This cover can be availed upto 3 claims during the entire policy duration.

Mahindra XUV 500 Car Insurance-Emergency Assistance Cover

We’ve got you covered!

We are here to offer you round-the-clock assistance to deal with any technical or mechanical breakdown issues of your car! The emergency assistance cover includes minor repairs on site, lost key assistance, duplicate key issue, tyre changes, battery jump starts, fuel tank emptying and towing charges!

How does it work? Under this add on cover there are multiple benefits which can be availed by you. For instance, If you are driving your vehicle and there is damage, it needs to be towed to a garage. With this add on cover, you may call the insurer and they will get your vehicle towed to the nearest possible garage upto 100 kms from your declared registered address.

Mahindra XUV 500 Car Insurance-Return to Invoice

Offers the differential amount between the IDV and the Invoice value of the vehicle

What could be more devastating than discovering one fine day that your car has been stolen or faced a total damage? Your policy will always pay you the IDV (Insured Declared Value) of your vehicle. The IDV is equal to the current market price of the vehicle. But, with a return to invoice add-on, you get the difference between invoice value and IDV as well! You have to ensure that an FIR has been filed and the car was not recovered within 90 days after the incident .

How does it Work? If you have purchased a vehicle in 2007 and the purchase invoice was Rs 7.5 lakhs. After two years, the Insured Declared Value (IDV) would be Rs 5.5 lakhs and is damaged beyond reapir or is stolen then, you will get the original purchase invoice Rs 7.5 lakhs. In addition to this, you will get registration charges & applicable taxes as well. Excess/dectucible as per the policy schedule will have to be borne by you.

Mahindra XUV 500 Car Insurance-Engine & Gear Box Protector

Protects your car engine damage when water enters the engine during rains or flood

Be it the downpour of rains or the rushing flood waves, your vehicle's gearbox and the engine remains wrapped in the protective coverage of engine and gearbox protection cover! It pays for the replacement or repair of all the child parts or internal parts. Moreover, it further covers the labor costs, cost of compression tests, machine charges and engine cylinder re-boring.

How does it Work? Imagine on a rainy day due to accident, if there is damage to the engine/gear box and chances are that engine oil will start leaking. In such a situation, if you continue to drive the vehicle, engine will get seized. Such damage is a result of a consequential loss which is not covered under the standard motor insurance policy. With this Add-on cover your car’s internal parts of engine and gearbox remains protected.

Mahindra XUV 500 Car Insurance-Key Replacement cover

Lost/stolen keys? The key replacement cover helps you!

Did your keys get stolen or lost? This add-on will help you get the replacement keys as soon as possible!

How does it work? If you have lost or misplaced your car keys this add-on cover will act as a saviour.

Mahindra XUV 500 Car Insurance-Cost of Consumable Items

Here is a consumable items coverage that covers all the consumables used in your car! Yes! You need this right now! It pays for all the non reusable consumables such as nuts, bolts....

How does it work? If your car faces an accident and needs repairs, under such a scenario the non-reusable consumables may have to be bought again to fix your car. Parts such as washers, screws, lubricants, other oils, bearings, water, gaskets, sealants, filters, and much more are not covered under the motor insurance cover & the cost is to be borne by the insured. With this add on cover we pay for the cost of such consumables and let you take it easy.

Mahindra XUV 500 Car Insurance-Loss of Use - Downtime Protection

Paid the Cabs While Your Car Was On Repair? Downtime Protection Is Here! Provides a cash allowance benefit incurred by the customer for use of other means of transport for daily conveyance .

How does it work? So, your vehicle got involved in an accident, and it is given for repair works! Sadly, you are left without a vehicle to travel and end up paying the cabs more! But, did you know that the loss of use-downtime protection can cover all the expenses made on cabs? Yes! It will as mentioned on the policy schedule!

Secure your car today!

Mahindra XUV 500 Car Insurance-Renewal Process

Renewal of your car insurance online on HDFC ERGO is quick and simple. It will require minimal paperwork. All you need to do is Click Here and give details of your expiring policy online, go through the details of the new policy, and make an instant online payment through multiple secured payment options. That’s it!

Simple procedures, quick dispersal, and unique benefits are what you get when you buy Suzuki Swift Dzire Car Insurance Online from HDFC ERGO. So, if after any unforeseen mishap, you wish to get back to the driving seat safe and soon, then choose HDFC ERGO as your insurance partner!

Mahindra XUV 500 Car Insurance-Claims Process

This is something that may seem difficult to understand to most of you. However, HDFC ERGO has well busted the myth. It has made the claim process swift, smooth, and simple. All you need to do is just register your claim via its mobile app, HDFC ERGO Insurance Portfolio Organizer (IPO) or toll free number, 022 6234 6234.Click Here to know details on claim process.

Frequently asked questions on Car Insurance

1. How to buy Mahindra XUV 500 Car Insurance from HDFC ERGO?

You can buy buy Mahindra XUV 500 Car Insurance from HDFC ERGO at https://www.hdfcergo.com/car-insurance/mahindra-xuv-500 . It is suggested that at the time of purchase you opt for comprehensive cover which offers wider range of risk coverage.

2. What all documents do I need to renew my Mahindra XUV 500 Car Insurance?

Documents needed to renew Mahindra XUV 500 car insurance would include

Details such as name, date of birth, address, gender, occupation
Policyholders driving license information
Registration number
Old insurance policy number
Credit/debit/net banking details

3. How to renew Mahindra XUV 500 Car Insurance?

You can renew your Mahindra XUV 500 Car Insuranceat https://www.hdfcergo.com/car-insurance/mahindra-xuv-500

4. What are the various long term policies available for car insurance policy?

As per the Supreme Court directive, with effect from 1st Sept, 2018, every brand new car owner has to buy a long term policy. You may choose from the following long term policies for your prized possession:

Liability only policy for 3 years policy duration
Package policy for 3 years policy duration
Bundled policy with 3 years liability cover and 1 year cover for own damage

5. My Mahindra XUV 500 engine seems to have been damaged due to gearbox malfunction. Can I claim insurance for its repair?

Yes you can claim insurance for the repair, an Engine Protection cover is an add-on which you can opt for while going for a comprehensive insurance policy, it provides financial coverage in event of any damage to your car’s engine, and however, you cannot make more than 2 claims in a year.

6. What is Zero depreciation cover or bumper to bumper coverage?

Zero depreciation is an add-on cover and has to be purchased by paying additional premium. It offers complete coverage to your vehicle without factoring into depreciation. For instance, if your vehicle is badly damaged, then you don’t need to pay for any depreciation amount and will be eligible for full claim amount subject to terms and conditions of the policy. Any excess or deductible as per the policy document has to be borne by you.

7. How does emergency assistance programme work?

Emergency assistance is an add-on cover and has to be purchased by paying additional premium. It has multiple benefits like assistance in case of breakdown, tyre replacement, towing, fuel replacement etc which can be availed during the policy duration. Customers need to call up at the customer care number mentioned on the policy document for availing these benefits.

8. What is No Claim Bonus?

Quite simply, it's a discount in the Own Damage premium payable when renewing your policy after a claim-free year. It is an incentive for driving carefully and avoiding accidents.

All types of Vehicles	% of Discount on Own Damage premium
No claim made or pending during the preceding full year of insurance	20%
No claim made or pending during the preceding 2 consecutive years of insurance	25%
No claim made or pending during the preceding 3 consecutive years of insurance	35%
No claim made or pending during the preceding 4 consecutive years of insurance	45%
No claim made or pending during the preceding 5 consecutive years of insurance	50%

9. What happens when I wish to renew my expired car insurance policy?

You can easily renew your expired policy online. You need to download HDFC ERGO Self Inspection application and upload the documents, once the documents are approved by HDFC ERGO, a payment link would be sent and you may make the payment to renew the policy. Once the payment is made, you will receive the policy copy.

10. What happens to my No Claim Bonus while renewing an expired car insurance policy?

No Claim Bonus is valid upto 90 days from the previous policy expiry date. If the policy is not renewed within 90 days, No Claim Bonus will become 0% and no benefit shall be passed on to the renewed policy.

11. What is IDV? What are the factors deciding IDV of my car insurance policy?

The Insured’s Declared Value (IDV) of the vehicle will be deemed to be the ‘SUM INSURED’ and it will be fixed at the commencement of each policy period for each insured vehicle.
The IDV of the vehicle is to be fixed on the basis of the manufacturer’s listed selling price of the brand and the model of the vehicle proposed for insurance at the commencement of insurance /renewal and adjusted for depreciation (as per schedule specified below). The IDV of the side car(s) and / or accessories, if any, fitted to the vehicle but not included in the manufacturer’s listed selling price of the vehicle is also likewise to be fixed.

AGE OF THE VEHICLE	% OF DEPRECIATION FOR FIXING IDV
Not exceeding 6 months	5%
Exceeding 6 months but not exceeding 1 year	15%
Exceeding 1 year but not exceeding 2 years	20%
Exceeding 2 years but not exceeding 3 years	30%
Exceeding 3 years but not exceeding 4 years	40%
Exceeding 4 years but not exceeding 5 years	50%

12. What are the benefits of buying car insurance online?

No paperwork and physical documentation are required and you will get your policy instantly.

13. What will happen when you sell your car?

Existing insurance policy can be transferred in the name of buyer by passing an endorsement. Supporting documents like sale deed/form 29/30/NOC of seller/NCB recovery amount shall be required to pass an endorsement under the existing policy. Or You may cancel the existing policy. Supporting documents like sale deed/ form 29/30 shall be required to cancel the policy.

14. How do I make changes in my car insurance policy details after receiving the policy documents?

You can change your policy details online through our website hdfcergo.com. Visit the 'HELP' section on the website and place a request. To place request or explore services, click here

15. How does used car insurance differs from new car insurance and what are the things to consider?

Since Car insurance premium depends on a number of factors, it is difficult to predict whether premium for the new car would be more or one for the old car. If your new car is costly and you live in either a theft prone area or one that is affected by floods frequently then getting a comprehensive insurance plan for new car would be beneficial. If you have not raised a claim then you can get a discount on older car due to the accumulated No claim Bonus. In case of Add-On one must first have a comprehensive insurance plan, a roadside assistance plan works better for old car as they are susceptible for breakdown whereas in case of new car one can opt for Zero Depreciation cover. Repairing of the new cars is costlier in comparison to old cars therefore component of premium concerning it would be less for older cars.

16. What penalty i can face if drive without a valid car insurance today?

As per recently passed Motor Vehicles (Amendment) Act 2019, if you are found driving withou a valid motor insurance, then you would be levied a fine of Rs 2,000 or a imprisonment of 3 months on first offence, in event of you offending a second time you could face a fine upto 4000 or could face jail upto 3 months. Also you would haver to pay damages to third party from your own pocket. You would also have to bear any damage to your car as you are not having a valid comprehensive cover.

17. Why is car insurance mandatory in India?

As per recently passed Motor Vehicles (Amendment) Act 2019 and the Motor Vehicles Act 1988,it is mandatory that all motorists need to have a valid motor insurance at all times.

18. What can be done to renew my car Insurance during Coronavirus Lockdown?

Whole country is under complete lockdown, we understand the significance of the move and stand with the nation in difficult times, for the two wheeler insurance renewal one can always follow the preffered mode of buying or renewing a two wheeler insurance policy which is online purchase of insurance policies. The steps to be followed would include

Visit the webiste https://www.hdfcergo.com/car-insurance

Enter the registration number of your vehicle>

Select the vehicle model>

Select the vehicle variant>

Select the year of registration>

Select city/RTO

choose the plan type>

Choose the previous policy status

Select the No claim bonus

Choose Add-Onc

Select your mode of payment

By insuring your vehicle, you can be at peace that your car's insurance coverage is continued.

19. What is the procedure to register a new claim?

You may register a claim either on HDFC ERGO’s website or through its call centre or HDFC ERGO’s mobile app

20. How much time will it take to repair minor damages?

With Overnight Repair Facility, repair of minor damages shall be completed overnight. Facility is available only for private cars and taxis. Process for overnight repair facility is mentioned below

Claim needs to be intimated through the call center or HDFC ERGO mobile application (IPO).
Our team will reach out to the customer and request for vehicle damage photos.
Damages limited to 3 panels will be accepted under this service.
Vehicle may not be repaired immediately post intimation as the workshop appointment and pick-up is subject to vehicle part and slot availability.
Customer saves on the time they have to spend on driving to and back from the garage.
Currently this service is available in 13 selected cities which are Delhi, Mumbai, Pune, Nagpur, Surat, Vadodara, Ahmedabad, Gurgaon, Jaipur, Hyderabad, Chennai, Kolkata, and Bangalore.

The claim process was so easy for me. I will surely stick with HDFC Ergo for my cars and bike insurance.