Secure Your Mahindra XUV 500 In Seconds
Tata AIG Mahindra XUV 500 Insurance
Looking for insurance for Mahindra XUV 500? You have come to the right place!
The XUV 500 enjoys immense popularity as it combines style with substance. Thus, if you are a passionate off-road adventurer who also likes top-of-the-class features in your car, the XUV 500 is the right choice. It incorporates enhanced engine power, radical safety features, alluring looks and thoughtful add-ons, all with one goal in mind—a superb drive experience.
When you own a car like the XUV 500, you need an insurer just as dependable. Tata AIG offers excellent coverage to the XUV 500 through its Auto Secure policy. Tata AIG’s package insurance policy for the Mahindra XUV 500 covers the following: third-party car insurance, comprehensive car insurance including own damage due to accident, theft, fire etc, and personal accident cover for the owner-driver.
You can compare the premium and buy/renew your Mahindra XUV 500 insurance policy here.
Mahindra XUV 500 Insurance Renewal/New Purchase via Tata AIG
Tata AIG has created a seamless and simplified process for the new purchase and renewal of a car insurance policy. You can visit our website to get an overall view of the features of the Mahindra XUV 500 car insurance coverage offered by us.
You can easily purchase/renew the Tata AIG insurance policy for your Mahindra XUV 500 through the following steps:
On the Tata AIG website, go to the Car Insurance page. Enter your car registration number and click “Get Price” for a new policy purchase and “Renew” for an existing policy.
Fill out the online form with basic details to get an insurance quote for your Mahindra XUV 500.
Choose the applicable Insured Declared Value (IDV) from the given list. You can see how any change in the IDV affects your premium.
For Mahindra XUV 500 insurance renewals, you should fill in the details of any claims you have lodged in the past. If you have not filed a claim, your renewal premium will be reduced by the amount of No Claim Bonus (NCB).
The online calculator will display the Mahindra XUV 500 car insurance cost.
If you wish, you may choose from 13 add-on riders offered by Tata AIG to enhance the protection of your car.
Once you know the premium payable, you can make payment through digital payment methods.
After your payment has been confirmed, the Mahindra XUV insurance policy will be delivered to your email.
Modifications Which Can Reduce Mahindra XUV 500 Premium Cost
The SUV craze in India is at an all-time high, and more people are buying from this segment than ever. A large part of this trend is all due to one brand – Mahindra & Mahindra. The Indian manufacturer has introduced several SUVs in the market, and all of them have been phenomenally successful.
While most performance enhancing modifications to the vehicle may increase the car insurance premium, there are some which will help you with discounts:
- Installation of ARAI Certified Anti-theft Device
- Modifications for the Specially Abled Persons in the vehicle
Other than modifications memberships to Recognised Automobile Associations can also help you reduce your Mahindra XUV 500 car insurance cost.
Insurance Cost for Mahindra XUV 500—Your premium amount
You can use our online car insurance premium calculator to get the standard premium rates based on the basic coverage and add-on features you wish to have in your policy. Once you input the registration details of your XUV 500, the premium amount will be displayed.
For a standalone third-party liability policy, premiums are fixed every year by the IRDAI based on the engine capacity of the vehicle. You can refer to the latest third-party insurance standard rates from the insurer or from the IRDAI’s website.
The premium for the comprehensive Mahindra XUV 500 insurance coverage depends on the Insured Declared Value (IDV), i.e. the current market value, of the Mahindra XUV 500 variant you drive and the age of the vehicle. You can verify the IDV of your car from the nearest Mahindra XUV 500 dealership. Alternatively, you can use our online car insurance calculator to determine the applicable IDV for your car.
Add-ons for Mahindra XUV 500 Insurance by Tata AIG
Tata AIG’s comprehensive insurance policy offers third-party coverage and additional protection for own-damage due to accidents, theft, natural calamities, riots, etc for complete protection. In addition, you can enhance the coverage of your Mahindra XUV 500 insurance through a set of add-on benefits.
We offer 13 unique add-ons that you can choose from according to your specific requirements. When you lodge a claim under your Mahindra XUV insurance policy with add-ons, the amount settled will include the appropriate quantum attributable to the add-ons.
From the NCB Protector add-on, which protects the NCB discount on the renewal premium even after one claim, to the Return to Invoice benefit which allows you to receive the current market price of the vehicle irrespective of the IDV, our add-ons have you covered for several contingencies.
Here is the list of the add-ons you can add to your Mahindra XUV 500 car insurance:
- Zero Depreciation
- No Claim Bonus Protection
- Roadside Assistance
- Repair of Glass, Fibre and Plastic Parts
- Daily Allowance
- Emergency Transport and Hotel Expenses
- Key Replacement
- Engine Secure
- Tyre Secure
- Consumables Expenses
- Loss of Personal Belongings
- Return to Invoice
Things covered/not covered under Tata AIG’s Mahindra XUV 500 car insurance
The following table gives the inclusions and exclusions under Tata AIG’s Mahindra XUV 500 comprehensive insurance coverage:
|Items included in the coverage||Items excluded in the coverage|
|Damage to the insured car including total loss or damages beyond repair||Damage suffered if the driver was under the influence of alcohol or other intoxicating substances or driving without a valid licence|
|Loss of the car by burglary or theft are included in Mahindra XUV 500 car insurance coverage||Damage suffered when the vehicle is driven outside the authorized geographical area outside India, namely Nepal, Bhutan, Bangladesh, Maldives, Sri Lanka and Pakistan||Damage to the car due to riots, terrorist activity or malicious acts||Damage suffered when the car is being transported is excluded in the Mahindra XUV car insurance coveragen||Damage due to natural calamities like floods, landslides, storms, cyclones and inundation||Damage suffered because of improper measures to safeguard the vehicle or maintain in an efficient condition||Maximum personal accident cover of ₹15 lakhs for the owner-driver for injuries and even the death of the owner-driver.||Damage suffered if the vehicle is used for any purpose other than that agreed upon under the policy.||Moving a damaged car to the nearest repairer and redelivery subject to a maximum of ₹1500 in respect of any one accident||Damage arising due to radiations from nuclear weapons material or war or hostilities prevailing in the country|
Why is it important to have Tata AIG car insurance for your Mahindra XUV 500?
We at Tata AIG are eager to be the trusted insurance partners for your Mahindra XUV 500. Here are some reasons why we are sure you would love to protect your car with a comprehensive policy from us.
- You can purchase or renew your policy online in three easy steps.
- We offer round-the-clock assistance for answering your queries.
- TATA AIG car insurance claim settlement process is simple and transparent so you will not have anxious moments before your claim is settled.
- A wide network of over 7500 garages to repair your vehicle in any part of the country.
- Customer-centric business values for which the Tata group has always been committed.
- A claim settlement ratio of 98% for FY 2020-21 will reassure you that all reasonable claims will be settled promptly.
- You can avail of up to 50% discount under the No Claim Bonus if you have 5 consecutive claimless years
Mahindra XUV 500—Overview
The Mahindra XUV 500 redefines the SUV as its off-road adventure performance is coupled with an amazing range of luxurious features. The new plush XUV 500 makes a statement with its attractive exterior with a new chrome grille, daytime running lights in the headlamps, diamond-cut alloy wheels, split tail lamps, tailgate applique and twin exhausts.
The interiors come with quilted tan leather seats for an enthralling feel, an electronic sunroof, neatly designed soft-touch leather dashboard. A six-way power-adjustable driver’s seat will let you drive in comfort. The icy blue lounge lighting and cool box will add to the fun quotient. Not just in looks, in advanced technology features too, the XUV 500 scores high with the following:
- Passive keyless entry and push-button start
- Reverse parking camera with dynamic assist
- Tyre tronics system for monitoring tyre pressure
- Fully automatic temperature control
- Smart watch connectivity to enable remote control of audio, temperature and other features
- High-tech infotainment system with GPS connectivity to exciting apps like Gaana, Cricket Live, Zomato, and BookMyShow. Get things done as you drive without having to pick up your phone.
The XUV 500 has a six-speed automatic transmission system that is adept for any kind of drive, whether on hilly terrain or on a traffic-choked city road. The XUV’s safety features include hill descent and hold control, an antilock braking system (ABS), crumple zones for crash protection, and an electronic stability program.
Mahindra XUV 500—Price and variants
The Mahindra XUV 500 is available at the following prices for manual and automatic transmission variants:
|Mahindra XUV 500 variant||Price (Ex-Showroom Price for Delhi)|
|XUV 500 W5||₹14.27 lakhs|
|XUV 500 W7||₹15.59 lakhs|
|XUV 500 W7 AT||₹16.79 lakhs|
|XUV 500 W9||₹17.33 lakhs|
|XUV 500 W9 AT||₹18.54 lakhs|
|XUV 500 W11 Opt||₹18.89 lakhs|
|XUV 500 W11 Opt AT||₹20.11 lakhs|
Unique Selling Points: Mahindra XUV 500
The main USP of the XUV 500 is its affordability in this segment. It is almost ₹5 lakhs cheaper than its nearest competitor.
As a seven-seater, it is a good investment and also versatile for different kinds of driving requirements.
The Mahindra XUV 500 is available in a wide range to suit diverse preferences. It is available as front-wheel drive, all-wheel drive, and automatic variants.
It is more suited for Indian conditions with better ground clearance, flexible seating and better road grip.
The makers continue to add new attractive features in a timely manner to add zing to the Mahindra XUV 500 model.
It has sleek looks with chrome side steps, intelligent rain wipers, plush interiors and so on.
Its engine performance is satisfactory for off-road driving, highway drives and city commutes.
It has a low maintenance cost.
Rivals of Mahindra XUV 500
Besides the Mahindra XUV 500, here are a few other SUVs available in the Indian car market:
- Tata Harrier
- Tata Safari
- Hyundai Creta
- Hyundai Elantra
- Hyundai Alcazar
- KIA Seltos
- MG Hector Plus
Disclaimer / TnC
Your policy is subjected to terms and conditions & inclusions and exclusions mentioned in your policy wording. Please go through the documents carefully.
How should I file a claim for my Mahindra XUV 500 insurance?
How should I file a claim for my Mahindra XUV 500 insurance?
You can easily file a claim for Mahindra XUV 500 insurance by following these steps:
Visit the Claims Support page and fill in the necessary details. You will then receive a link for self-inspection on your mobile number. For voice support or guidance with claims filing, you can call 1800-266-7780.
Fill in the details of the damage to your car on the self-inspection form. Take photos and videos.
You would need the FIR copy, policy document, identity proof, address proof, and driving licence.
Your vehicle will then be inspected by our surveyors for assessing the extent of damage and to authorize the repairs.
You can choose for cashless repairs or reimbursement of repair expenses from the network garages.
You can track the status of your Mahindra XUV 500 insurance claim online. After your claim request and the supporting documents are verified, we will settle the claim.
What will happen to my Mahindra XUV 500 insurance claim if I do not inform the insurance company before I get the car repaired?
You must inform the insurance company without fail before you get the car repaired. If you fail to inform the company and go ahead with the repairs, you are violating an important condition in the insurance policy. Therefore, your claim may be partially or totally rejected.
How to renew Mahindra XUV 500 insurance?
You can renew your Mahindra XUV insurance policy in four simple steps:
- Go to the Car Insurance page.
- Input the registration number of your car and then click “Renew”.
- Input the other information required in the form.
- The renewal premium will be displayed which you can pay online. Then, you can download the policy from the site. You can check the details and request edits too.
What is the price of Mahindra XUV 500?
The base variant XUV 500 W5 costs ₹14.27 lakhs while the premium XUV 500 W11 Opt AT costs ₹20.11 lakhs.
What are the available models of Mahindra XUV 500?
The Mahindra XUV 500 is available in the following variants: W5, W7, W7 AT, W9, W9 AT, W11 Opt, and W11 Opt AT.
How to download Mahindra XUV 500 insurance policy?
In the Self-Service section on our website, you can log in to your account and download your Tata AIG Mahindra XUV 500 car insurance policy.
How can I save on my Mahindra XUV 500 car insurance premiums?
You can reduce the premium on your Mahindra XUV 500 in the following ways:
- Installing an ARAI-certified anti-theft device
- Making changes for specially-abled persons to travel in your vehicle
- Acquiring memberships to recognised automobile associations
Do I get a No Claim Bonus (NCB) on my Mahindra XUV 500 insurance policy?
The NCB is a discount allowed on your renewal premium if you have not filed a claim in the previous year. It is applicable on the own-damage component of your insurance policy. The discount begins with 20% for one claim-free year and can go up to 50% for five continuous claim-less years.
Is Mahindra XUV 500 car insurance transferable?
The Mahindra XUV 500 insurance is transferable in the following situations:
If the policyholder sells their insured car during the policy tenure, the policy document will be endorsed in favour of the new owner of the car for the remaining tenure of the policy.
When a car owner who has currently insured their Mahindra XUV 500 with another insurance company wishes to renew their policy with Tata AIG, the NCB from the policy with the previous insurer will be transferred to the Tata AIG policy.
Will the Mahindra XUV 500 insurance cover me if my car is stolen?
If you have bought a comprehensive insurance policy for your Mahindra XUV 500, then in case of theft of your car, you will receive the pre-decided Insured Declared Value (IDV).