Bolero Pickup Insurance
commercial vehicle insurance
usp icon

2000+ Cashless

Network Garages

usp icon

96% Claim

Settlement (FY23-24)

usp icon

24*7 Claims

Support

Get Instant Policy in Minutes*

I agree to the Terms & Conditions

Don’t have Reg num?
It’s a brand new vehicle
background-illustration

Mahindra Bolero Pickup Insurance Price & Policy Renewal Online

Bolero Pickup Insurance
Source: auto.mahindra.com

The Mahindra Bolero Pickup is a popular commercial vehicle in India that can be used for various tasks and is known for its durability and performance. In 2025, getting a Mahindra Bolero Pickup insurance online is easier than ever. 

You can choose from a comprehensive and third-party commercial vehicle policy; however, the premium of insurance for Bolero Pickup depends on factors such as the vehicle's model, age, and coverage type. 

So, here’s everything you need to know about Bolero Pickup insurance online so that you can protect your vehicle and with peace of mind!

Table of Contents

arrow-icon

What is Bolero Pickup Insurance?

Bolero Pickup Insurance is a type of commercial vehicle insurance specifically designed to cover the Mahindra Bolero Pickup. This insurance for Bolero Pickup provides financial protection to the vehicle against damage or losses due to accidents, theft, fire, natural calamities, and other unforeseen events. 

It also covers third-party liabilities, which include damage to third-party property or injuries to third parties caused by your Mahindra Bolero Pickup.

Is Bolero Pickup Insurance Mandatory?

Yes, Mahindra Bolero Pickup Insurance is mandatory in India. As per the Motor Vehicles Act, all commercial vehicles are required to have at least Liability Only commercial vehicle insurance to drive legally on the Indian roads. 

However, if you want enhanced coverage, you can also go for the Standard Package Policy that covers both third-party liabilities and own damage.

Why Should You Buy Bolero Pickup Insurance?

Mahindra Bolero Pickup insurance online is important and here’s why you should have an insurance policy in place:

  • Mandatory by Law: Having at least a third-party insurance policy is mandatory by law in India. So, get insurance for Bolero Pickup to avoid penalty and fine.

  • Financial Protection: Bolero Pickup Insurance online policy has your back financially in any unfortunate situation as it provides coverage against various risks such as accidents, theft, fire, and natural disasters. This ensures you are financially safe and secure in unexpected events. 

  • Third-Party Liability Coverage: An insurance policy also covers damage or injuries caused to third parties by your Bolero Pickup, protecting you from potential legal and financial liabilities. 

  • Add-on Covers: With a comprehensive Mahindra Maxi truck insurance, you also get the option to choose add-ons for enhanced protections, catering to your different needs. 

  • Peace of Mind: Lastly, knowing that your commercial vehicle is insured in unfortunate events gives you peace of mind and allows you to run your business profitably.

Why Choose Digit for Bolero Pickup Insurance?

We treat our customers like VIPs, know how…

Customize your Vehicle IDV

Customize your Vehicle IDV

With us, you can customize your vehicle IDV as per your choice!

24*7 Support

24*7 Support

24*7 call facility even on National Holidays

Super-Fast claims

Smartphone enabled self-inspection processes takes minutes!

Key Features of Bolero Pickup Insurance by Digit

Key Features

Digit Benefit

Claim Process

Paperless Claims

Customer Support

24x7 Support

Premium

Customized as per type of commercial vehicle & number of vehicles to be insured

Additional Coverage

PA Covers, legal liability cover, special exclusions and compulsory deductibles, etc.

Damages to Third-Party

Unlimited liability for personal damages, up to 7.5 lakhs for property/vehicle damages

What's Covered in Bolero Pickup Insurance by Digit?

Accidents

Accidents

Damages and losses caused to the heavy-duty vehicle due to an accident.

Theft

Theft

Any damages and losses caused to the heavy-duty vehicle in the case of a theft.

Fire

Fire

Any damages or losses caused to the heavy-duty vehicle in an unfortunate case of fire.

Natural Disasters

Natural Disasters

Any damages and losses caused to your vehicle due to floods, earthquakes and other natural calamities.

Personal Accident

Personal Accident

Covers for any personal injuries or death of the owner-driver of the vehicle.

Third Party Losses

Third Party Losses

Covers for losses and damages caused to a third-party vehicle, property or person due to the insured heavy-duty vehicle, in the case of an accident or collision.

Towing Disabled Vehicles

Towing Disabled Vehicles

Covers for any damages caused to your vehicle in cases where it's being towed.

What’s Not Covered?

It is equally important to know what’s not covered in your commercial vehicle insurance policy so that there are no surprises when you make a claim. Here are some such situations:

Own Damages for Third-Party Policy holder

In the case of a Third-Party Liability Only Policy, damage to your own vehicle won’t be covered.

Drunk Riding or without a Licence

If the owner-driver of the claimed vehicle is drunk or driving without a valid licence.

Contributory Negligences

Any damage caused due to contributory negligence of the driver (such as driving when there’s an existing flood).

Consequential Damages

Any damage that is not a direct result of the accident/natural calamity i.e., consequential losses like loss of earnings, loss of market, etc.

Add-ons Available with Bolero Pickup Insurance

Here are the add-ons available with Digit for commercial insurance policy that offer enhanced protection for Mahindra Bolero Pickup:

Zero Depreciation Cover icon

Zero Depreciation Cover

Every vehicle goes through regular wear and tear over time, leading to depreciation in value of its parts. As a result, this amount is usually deducted at the time of claim. So, the Zero Dep add-on ensures that this depreciation on the vehicle is not considered at the time of claim and that you get a higher compensation.

Consumable Cover icon

Consumable Cover

A consumable cover goes beyond regular coverage and offers financial protection to vehicle's bits and pieces, like the nuts and bolts, screws, engine oil, and grease, in case of an accident.

Engine and Gear Box Protect icon

Engine and Gear Box Protect

In case your Bolero Pickup’s engine or gearbox gets damaged in an accident, due to things like water regression or leakage of lubricating oil, this add-on will come to your rescue! The add-on covers any consequential damage caused after the accident (but because of it) to the gearbox and engine.

Breakdown Assistance icon

Breakdown Assistance or Roadside Assistance

Since commercial vehicles are frequently used, like your Bolero Pickup, they are also more prone to breakdowns on the road, probably due to an accident, flat tires, malfunctioning battery, or more. In such cases, breakdown assistance add-on helps you by keeping assistance at your beck and call 24x7! 

Loss of Revenue icons

Loss of Revenue

This add-on helps to financially cover Mahindra Bolero Pickup by compensating for any loss of income that could occur while your commercial vehicle is not available when it’s being repaired due to damage.

Additional Towing Expenses

Additional Towing Expenses

If your commercial vehicle gets in an accident, it will need to be towed to a garage to be repaired, which would cost you extra. So, to compensate for such expenses, get this add-on, as it covers the additional expenses of moving your vehicle from the accident spot to the nearest garage or place of safety.

EMI Protection Cover

EMI Protection Cover

This add-on helps pay regular EMIs to the financier of the vehicle in case your vehicle is taken on a loan and is damaged by an accident, causing a loss of your business.

Debris Removal Expenses

This add-on cover compensates you for the expenses incurred towards cleaning up, removing debris, wreckage, or transshipment of goods from the insured goods carrying commercial vehicle to another vehicle, in case the insured Bolero Pickup suffers accidental damage or loss. The maximum amount is payable up to the Sum Insured opted by you.

Additional Coverages or Endorsements Available

You also get optional covers for Bolero Pickup insurance online for enhanced coverage to protect in all circumstances. These include: 

personal accident icon

Personal Accident Cover

Your Bolero Pickup insurance online policy should have a PA cover to protect you for bodily injury or death of the owner-driver in case of an accident. Also, having personal accident cover is compulsory by law in India.

unnamed pa cover cv icon

Unnamed PA Cover

Passengers in the insured Mahindra Bolero Pickup at the time of any accident are safeguarded against any injuries with the help of this add-on cover.

legal liability icon

Legal Liability

Protect your truck and the business for which the insured Mahindra Bolero Pickup is used, against any legal liability that may arise due to an injury caused to your employees or someone who works for you, by getting this cover.

IMT 23

IMT 23

This add-on cover protects your Mahindra Bolero Pickup against any loss or damage to insured vehicle’s lamps, tyres, tubes, mudguards, bonnet, side part bumpers, headlights and paintwork in all cases, even in case of partial damage.

electrical accessories icon

Electrical Accessories

All electrical accessories fitted in your insured Pickup, which is not a part of the manufacturer’s model, are covered under this add-on.

non electrical expenses icon

Non-Electrical Accessories

All non-electrical accessories fitted in your insured Pickup, which is not a part of the manufacturer’s model, are covered under this add-on.

Special Exclusions & Compulsory Deductibles icon

Special Exclusions & Compulsory Deductibles

This add-on reduces your premium as you only have to pay a certain amount as your share of the loss, called the compulsory deductible. Additionally, it also covers the loss or damage to Pickup’s lamps, tyres, tubes, mudguards, bonnet, side part bumpers, headlights and paintwork if your vehicle is completely damaged.

Types of Bolero Pickup Insurance Plans

Primarily two Bolero Pickup insurance policies are available for this commercial vehicle. However, considering the risk and wide use of this vehicle, it’s recommended to take a Standard Package Policy that will financially protect the vehicle and the owner-driver as well.

Comprehensive or Standard Package Plan

Comprehensive commercial vehicle insurance protects your own Mahindra Bolero Pickup as well as covers the third-party for bodily injury or property damage. With this Bolero Pickup insurance online policy, you get enhanced protection against injuries, damage, natural disasters, and theft and the option to choose suitable add-ons as well.

Third-party or Liability Only Plan

This Mahindra Bolero Pickup insurance policy offers protection only against damage or loss to third-party vehicle, property or person. It is mandatory in India to have at least third-party insurance for commercial vehicles.

Also, no add-ons are available with this policy, and the premium price for a third-party liability policy is fixed by IRDAI.

Third Party vs Comprehensive Bolero Pickup Insurance

Liability Only

Standard Package

✔
✔
✔
✔
×
✔
✔
✔

How to Buy Bolero Pickup Insurance Policy Online?

Step 1

On the Digit app or website, enter the commercial vehicle’s registration number, mobile number, and click on ‘View Prices.’

Step 2

Select the plan, add-ons and IDV, and click on ‘Continue.’

Step 3

Enter your personal, nominee and vehicle details and click on ‘Pay Now.’

Step 4

Complete the payment and mandatory KYC verification process.

Step 5

You’re done! You’ll receive the policy document via email, SMS and WhatsApp. Also, you can access it 24X7 on the Digit App.

Documents Required to Buy Bolero Pickup Insurance Online

If you are buying insurance for Bolero Pickup from Digit, only these documents are required:

Vehicle Registration Certificate (RC)

Previous Year Commercial Insurance Policy

Aadhar or PAN Card

How to Download Bolero Pickup Insurance Policy on Digit App?

Step 1 - Login to the Digit app and go to the ‘My Policies’ tab at the bottom of the screen. All your policy documents will be available there.

download bolero pickup insurance policy on digit app

Step 2 – Now select the Bolero Pickup insurance policy that you want to download and click on the ‘Download Policy’ button. Your policy will be downloaded.
step 2 bolero pickup insurance my policy

Factors Affecting Bolero Pickup Insurance Premium Price

Here are some important things that affect the Bolero Maxi Truck insurance price:

Insured Declared Value (IDV)

IDV in insurance is the maximum amount that you receive in case your Bolero Pickup faces total loss or is stolen. So, the higher you set the IDV, the higher the Bolero Maxi Truck insurance price.

Vehicle Age and Model

The Bolero Maxi Truck insurance price also depends upon its model and the age, as top models may have higher premium due to expensive vehicle parts.

Insurance Plan Type

Comprehensive insurance for Bolero Pickup is often available at a higher premium price than a third-party policy.

Add-On Covers

Opting for add-on covers with Mahindra Maxi Truck insurance also increases its premium as these are available at and additional minimal amount. So, depending on the type and number of add-ons chosen, your premium will increase.

Location

The city where you drive your Mahindra Bolero Pickup also affects its insurance premium. For example, driving in accident-prone areas fetches higher premium.

No Claim Bonus (NCB)

NCB in motor insurance is a discount offered on the premium as a reward for not filing a claim in the previous policy year, which gets accumulated to up to 50% over the years. So, having an NCB can significantly reduce your commercial vehicle premium.

Voluntary Deductibles

Opting for a higher voluntary deductible also helps reduce the Bolero Maxi Truck insurance price, as it means the policyholder agrees to pay a higher amount out of pocket in case of a claim.

Why Should You Buy Mahindra Bolero Pickup?

Here’s why you should buy Mahindra Bolero Pickup for commercial purposes:

  • The commercial goods-carrying vehicle is known for its robust build, durability, and impressive performance, making it ideal for heavy-duty use.
  • It has a high payload capacity of up to 1700 kg that allows it to carry substantial loads.
  • The Bolero Pickup is equipped with a powerful m2DiCR engine that delivers consistent and reliable performance.
  • It offers good fuel efficiency, making it economical for long journeys.
  • The vehicle also offers comfort to passengers and drivers with its power steering, adjustable driver seat, and mobile charging point. Additionally, its safety features are also top-notch such as engine immobilizer, ELR seat belts, and a strong metal bumper.
  • Further, the vehicle is protected with Mahindra's extensive service network, which ensures easy and quick maintenance and support.

Mahindra Bolero Pickup Specifications

The salient features of Mahindra Bolero Pickup are:

Parameters Specifications
Engine m2DiCR 4-cylinder, 2523 cc, 75.09 bhp @ 3200 rpm, 200 Nm @ 1400-2200 rpm 
Transmission Manual, 5-speed 
Dimensions Length: 5215 mm, Width: 1700 mm, Height: 1865 mm, Wheelbase: 3264 mm 
Ground Clearance 195 mm 
Payload Capacity Standard: 1700 kg, ExtraLong Variant: Up to 1500 kg 
Fuel Efficiency Approximately 14.3 km/l 
Comfort Features Power steering, adjustable driver seat, mobile charging point 
Safety Features Engine immobilizer, ELR seat belts, strong metal bumper 
Convenience Features Advanced AMT, Small turning radius of 6.5 m, Rear Parking Assist with Ultrasonic Sensors 

Types of Mahindra Bolero Pickup Variants and Prices

Here are the approximate Mahindra Bolero Pickup prices for its different variants:

Bolero Pickup Variants Delhi Ex-showroom Prices (as of January 2025)
1.3T MS CBC  ₹9,70,002   
1.3T MS  ₹10,22,999 
4WD PS  ₹10,32,000 
1.3T PS  ₹10,33,001 
Bolero Pik-up AC  ₹10,58,701 

FAQs about Bolero Pickup Insurance