Mahindra TUV 300 Car Insurance
Mahindra TUV 300 Car Insurance
The Mahindra TUV 300 is a compact SUV known for its rugged and muscular exterior design, spacious interiors, and powerful performance. It features a boxy design with a high ground clearance, which makes it suitable for rough roads and off-road adventures. The car can seat up to seven people with the help of a foldable jump seat at the rear. In addition, the Mahindra TUV 300 has many safety features, including dual airbags, ABS with EBD, and rear parking sensors.
Despite the many notable features and upgrades of the TUV 300, the vehicle was discontinued in India. However, you can get second-hand variants of the TUV 300 at used-car dealerships. If you already have the TUV 300, you must know that having or renewing car insurance is essential to securing it to the best standards.
In India, three types of four-wheeler insurance are available to vehicle owners - Third-Party Liability Insurance, Standalone Own Damage Insurance, and Comprehensive Insurance. Third-Party Liability Insurance is mandatory and covers only third-party damages. Standalone Own Damage Insurance covers only the damages caused to the insured vehicle, such as theft, fire, or accidents. Comprehensive insurance is the most extensive type of car insurance, covering third-party damages and damages to the insured vehicle.
At Tata AIG, we offer these car insurance policies at an affordable rate. In addition, you can customize it based on your needs by including the add-on riders. Furthermore, you can use our car insurance premium calculator online to determine a suitable and affordable product for all your financial needs.
Mahindra Tuv 300 Car Insurance Renewal/ Buy via Tata AIG
Both - buying a new Mahindra car insurance policy and making a Mahindra car insurance renewal are a breeze with us. We have a digital, quick, 3-step process of car insurance purchase and renewal that is time-saving and hassle-free. Begin your car insurance journey with us:
Visit the Tata AIG page, navigate to the “All Products” tab and choose the Car Insurance option under Motor Insurance. Enter your TUV 300 car registration number starting with the proper state code. If you want to find your registration number, visit the governmental website VAHAN. VAHAN is a nationwide vehicle registry where you can access the details of any registered vehicle, including yours.
Say goodbye to unnecessary documentation and click on “Get Price” for the form for a new Mahindra car insurance policy or Renew for a Mahindra car insurance renewal. Enter the requested personal details like your name, number, email ID, PAN card number, and Aadhar number in the form.
Enter the Mahindra car and car insurance-related information like the previous claim history, Insured Declared Value (IDV), NCB discount, and any other details requested.
Choose the car insurance policy aligning with your needs and budget best. After submitting the relevant details, you will get a quote for the Mahindra insurance India premiums payable.
Choose between a third-party, own-damage, or comprehensive car insurance policy. You can also choose from our 12 rider options to add to your base car insurance.
Make the car insurance payment quoted, after which you will receive a soft copy receipt of your car insurance policy on your email/ number/ WhatsApp.
Mahindra Tuv 300 Insurance Price – Your Premium Amount
To avail of the benefits of any car insurance policy, you have to pay regular sums of money called premiums. The Mahindra car insurance cost will vary for a Mahindra car insurance renewal or a new Mahindra car insurance policy.
The factors listed below will determine your Mahindra car insurance cost:
The Insured Declared Value (IDV) or current market value of your TUV 300. For instance, if the current sale value of the TUV 300 is ₹10 lakhs. If you make a car insurance claim in two years and the IDV is ₹7 lakhs, you will receive the said amount during claim settlement.
The age, make, and the variant of your TUV 300. The more expensive and most recent version of the Mahindra car will contribute to higher premiums and vice versa. The engine or cubic capacity (cc) of your TUV 300 also affects premium prices. The higher the engine capacity, the higher the premiums.
The type of Mahindra car insurance policy chosen – comprehensive, standalone (own-damage), or third party.
Your age, your driving record, and the location of the car’s purchase and use.
Any Tata AIG NCB benefits (up to 50%) or premium discounts (up to 75%) for buying Mahindra car insurance online.
Adding safety devices or making expensive modifications to your TUV 300. Safety devices can lower the Mahindra car insurance online cost, and expensive modifications can increase it.
To get an accurate quote on the four-wheeler insurance cost, use our free, fast, and easy-to-use car insurance calculator on our website.
Add-ons for Mahindra Tuv 300 insurance by Tata AIG
Add-ons are riders/ covers that provide an added layer of financial security to you over and above the base insurance coverage in your car insurance policy. To suit the needs of today’s car owners, Tata AIG offers 12 unique add-ons to enhance the scope of coverage to your Mahindra car insurance. Here are the 12 add-on riders offered by Tata AIG for optimum protection for your Mahindra TUV 300:
No-Claim Bonus Protection rider – You can make one car insurance claim for your Mahindra TUV 300 Linea in a year while retaining your previous unclaimed NCB benefits with this rider.
Roadside Assistance rider – You can get 24x7, prompt mechanic services and round-the-clock car assistance to get your Mahindra TUV 300 back home or to the nearest destination if it breaks down in a remote location with this rider.
Return to Invoice rider – This rider reimburses you for the depreciation of the Mahindra TUV 300. You get the original purchase/ sale value of the car instead of its insured declared value.
Zero Depreciation rider – This rider reimburses you for the depreciation of the Mahindra TUV 300’s car parts and pays the original purchase/ sale value of the car.
Emergency Transport and Hotel Expenses rider – If your Mahindra TUV 300 meets with an accident and you need to stay somewhere, you can cover hotel accommodation and travel expenses to your home or nearest destination with this rider.
Consumables Expense rider – You can cover the cost of the TUV 300’s car parts/ consumables like the gearbox oil, engine oil, nut & bolt screws, oil filter, and more, lost/ damaged due to an accident with this rider.
Loss of Personal Belongings rider – You get paid the cost of pre-specified damaged or lost personal items in your TUV 300, like video/ audio tapes, clothes, and CDs, with this rider.
Repair of Glass, Fibre and Plastic Car Parts rider – You can cover the repair of glass, fibre, and plastic parts of your TUV 300 one time if they get damaged with this rider.
Key Replacement rider – You can cover the cost of lost car keys if your keys or car get stolen with this rider.
Tyre Secure rider – You can cover the cost of total repair/ replacement of damaged tyres or tyre tubes in your TUV 300 after an accident with this rider.
Engine Secure rider – You can cover the cost of repairing/ replacing the TUV 300’s engine due to damage, except in the case of general/ excessive/ age-related wear and tear with this rider.
Daily Allowance rider – You get a daily allowance for commuting/ travel if your TUV 300 is in repair after an accident with this rider.
Things Covered and Not Covered under Tata AIG’s Mahindra Car Insurance
We encourage our potential customers to browse through the detailed fine print containing the terms and conditions of our car insurance policy before finalising a car insurance purchase. The policy document will contain all the inclusions and exclusions. We have a free-look period of 15 days, during which our claim experts are available 24x7 to clarify any doubts regarding our car insurance policy.
Below is the table that shows the coverage inclusions and exclusions of the Mahindra car insurance policy.
|What is covered in our Mahindra Car Insurance?||What is not covered in our Mahindra Car Insurance?|
|Damage caused to third parties, their vehicle, and their property.||Damage to your Mahindra TUV 300 due to its use for commercial (profit-making) purposes.|
|Theft of your Mahindra TUV 300 or irreparable damage. In both scenarios, you will get the IDV (current market or sale value) of your car.||Damage caused to the Mahindra TUV 300 due to using it for racing, crash-testing, speed racing, and any other mode of reliability + speed trials.|
|Damage to your Mahindra TUV 300 due to natural and artificial disasters like:
||Damage to your Mahindra TUV 300 due to your own contributory negligence, like:
|Damage to your Mahindra TUV 300 mid-travel in waterways, airways, railways, and roadways.||Damage to your Mahindra TUV 300 by nuclear perils, war, civil unrest, or other operations that threaten war.|
|Provision of personal accident insurance up to Rs. 15 lakhs in the event you develop:
||Damage to your Mahindra TUV 300 due to:
|Additional specific coverage from 12 add-on riders.||Costs incurred towards the general maintenance of the Mahindra TUV 300.|
Why is it Important to Have Tata AIG for Your Mahindra TUV 300?
In every industry, some companies make tall claims of being big leaguers and companies that let their work speak for themselves. Tata AIG is a company belonging to the latter group. We let our results speak for us – a testament to our motto of ‘Trusted Naam, Fantastic Kaam’. Our car insurance policy is thoughtfully curated to cater to the current needs of today’s drivers while being budget-friendly.
To help you make a well-informed decision, here are a few reasons to let us be your long-term insurance provider:
Every company should have a strong foundation. We come from a line of intelligent and result-oriented business ancestors. The Tata Group has decades of footing on Indian soil, and Tata AIG is a brainchild with over 20+ years of expertise in the insurance industry.
You before us – this customer-first philosophy and practice have contributed to our consistent claim settlement ratio above 95% over the years. In FY 2020-2021, our CSR was 98%.
We like to make the lives of our customers as easy and hassle-free as possible – which is why we have a quick, 3-step online process for buying and claiming car insurance. Get all your car insurance policy needs in minutes from the comfort of your home!
Numbers are good, we promise – we have a happy and diverse family of 5 crore+ customers, a reliable and expansive network of over 7,000 garages, and 650+ claim experts providing immediate assistance around-the-clock.
A partnership with us means mega and recurring savings! We give up to 50% discount on no-claim bonuses and up to 75% discount on car insurance policy premiums! Less spending, more saving!
We cover the most unpredictable of eventualities - our 12 customizable add-ons enhance the coverage of your car insurance policy and cover the maximum possible worst odds.
Overview – Mahindra Tuv 300 car Model
The Mahindra TUV 300 was launched in India in 2015. The TUV 300 comes in 6 different variants, with each version more upgraded than the previous one. The TUV 300 is a 7-seater SUV in the mid-range price bracket.
The car runs on diesel and is available only in the manual transmission. It has a power-packed and fuel-efficient 1493cc engine. Most of the TUV 300 cars have BS4 engines. But its most recent variants have a BS6-compliant engine.
The 1493cc engine of the Mahindra TUV 300 gives an average mileage of 18.49 kmpl. It has a fuel tank capacity of 60L and gives a max power of 100bhp @3750rpm and max torque of 240Nm @1600-2800rpm. The outer appearance of the SUV is aggressive, bold, boxy, and rugged. The SUV is perfect for family-sized drives and adventures.
Mahindra TUV 300 Car Variants and Price
The Mahindra Tuv 300 has variants in both petrol and diesel fuel options. The colour options are as follows:
Majestic Silver – Bold Black
Highway Red – Bold Black
All of the Mahindra TUV 300 cars are available only in manual transmissions. The starting price of the Mahindra TUV 300 is around ₹9 lakhs, and the ending price is ₹12 lakhs. The price will vary from city to city and dealership to dealership.
The production and sale of Mahindra TUV 300 cars were discontinued in India in 2020, but you can still get them at second-hand dealerships for a much lower price than their original sale value.
The approximate price list of the Mahindra TUV 300 cars, depending on their variant, is as follows:
|Mahindra TUV 300 T4 Plus||₹8.54 - ₹9.57 lakhs|
|Mahindra TUV 300 T6 Plus||₹9.14 - ₹10.24 lakhs|
|Mahindra TUV 300 T8||₹19.93 lakhs|
|Mahindra TUV 300 T10||₹10 - ₹11.19 lakhs|
|Mahindra TUV 300 T10 Dual Tone||₹10.23 - ₹11.53 lakhs|
|Mahindra TUV 300 T10 Opt||₹10.55 - ₹11.57 lakhs|
|Mahindra TUV 300 T10 Opt Dual Tone||₹10.55 - ₹11.83 lakhs|
Unique Selling Points: Mahindra Tuv 300 Car Features
The Mahindra TUV 300 has several unique features. Its recent versions especially have gotten a visual and functional facelift in many aspects, including:
A powerful 1493cc, BS6 engine
Easy manoeuvrability and usage
Cushy, spacious, and comfortable interiors
Ample legroom and airy cabin space
7-inch touchscreen infotainment system
Faux quilted leather finish and seats
Large cubby hole and boot space
Enhanced safety features like dual front airbags, rear parking sensors, ABS, speed alert
Inbuilt eco-mode, steering adjust, and seat belt reminders
Rivals of the Mahindra Tuv 300
The Mahindra TUV 300 has several competitor cars, including:
Maruti Suzuki Grand Vitara
Toyota Urban Cruiser
Hyundai i20 N-line
Disclaimer / TnC
Your policy is subjected to terms and conditions & inclusions and exclusions mentioned in your policy wording. Please go through the documents carefully.
Frequently Asked Question
Why did the Mahindra TUV 300 get discontinued?
The TUV 300 was discontinued in 2020. Despite its features, the vehicle did not see stellar sales among the public. Another reason for its discontinuation was that most of the variants had a BS-4 engine. Some of its more recent variants have a BS6 engine in compliance with motor vehicle and environmental laws.
As of now, there are talks around the re-launch of an updated and facelifted version of the TUV 300 this year, but Mahindra itself hasn’t confirmed anything. However, the older variants are available at second-hand and used car dealerships.
How to make a reimbursement car insurance claim?
There are two ways to make a car insurance claim – a cashless claim or a reimbursement claim. A cashless claim is when the insurer directly settles the car insurance claim bills for you while your vehicle is at repair in the insurer’s network garage.
In a reimbursement claim, you can get your car repaired at a garage of your choice, not necessarily the insurer’s network garage. You settle the payments yourself. Once the car gets repaired, you send the receipts/ bills to the insurer. They will reimburse the said amount and settle the car insurance claim.
How long does it take to settle a car insurance claim?
A car insurance claim can be settled in a few days to a few weeks. Generally, it can be settled in 14 days. However, it will depend on the complexity and the types of damages.
Will my car insurance policy cover the damages caused by a friend or family member driving my car during the accident?
Yes, the damages caused to your car due to the negligence of a friend or family member driving your car at the time of the accident will be covered by your car insurance policy.
All the prices and other information listed above pertain to a specific city and vehicle model. Since this information is subject to change, it is advisable to check the latest information before purchasing a vehicle or an insurance policy.