Mahindra Gusto Insurance
Mahindra Gusto Insurance
Mahindra Gusto is a popular scooter in India that provides a smooth ride and excellent performance. However, accidents and mishaps on the road are unpredictable and can occur at any time. In India, two-wheeler accidents are common, and the resulting damages and injuries can be significant. Thus, having the right insurance coverage for your Mahindra Gusto scooter is highly favourable.
One of the most common types of two-wheeler insurance policies is third-party bike insurance. This type of coverage protects the policyholder against legal liabilities that may arise from third-party damages or injuries caused by the insured vehicle. A third-party bike insurance policy is mandatory by law.
However, if you wish to ensure all-around coverage, including coverage for damages/theft of your Gusto and third-party liabilities, it is essential to choose comprehensive bike insurance. With a comprehensive cover, you can ride your Mahindra Gusto scooter on the road with peace of mind knowing that you are financially protected in case of any unfortunate incidents.
When purchasing insurance for your Mahindra Gusto, choose a reliable and trustworthy insurer. Tata AIG offers comprehensive insurance policies that provide extensive coverage for your bike. With a focus on customer satisfaction and a commitment to providing excellent services, Tata AIG is the ideal choice for your Mahindra Gusto insurance needs.
You can purchase or renew your Mahindra 2-wheeler insurance online with Tata AIG's easy-to-use website and avail of attractive discounts and benefits.
Purchase or Renew Mahindra Gusto Insurance Online with Tata AIG
At Tata AIG, we understand that every customer's insurance needs are different. That's why we offer customised Mahindra Gusto insurance policies tailored to your specific requirements. With our easy Mahendra two-wheeler insurance renewal and purchase process, you can buy or renew your insurance policy from the comfort of your home or office.
Visit the Tata AIG website and go to the “Two-Wheeler Insurance” section.
Choose between a “Get Price” or “Renew” policy based on your requirement.
Enter your Mahindra Gusto scooter details, such as registration number, bike variant, model year, etc.
Based on the details provided, Tata AIG's online two-wheeler insurance premium calculator will display the specifics of the bike. Select an acceptable and appropriate IDV (Insured Declared Value) for your two-wheeler from the options.
Choose the type of coverage you want - Comprehensive or Third-Party bike insurance.
Select any additional coverage options such as Zero Depreciation, Engine Protection, and Roadside Assistance if required.
Note: Remember that the add-ons are not free and, as a result, raise your premium amount. Hence, riders are advised to make judicious add-on selections.
Enter your personal details, such as name, address, and contact information.
Review the policy coverage and premium amount and pay online with any available payment methods.
After the payment is completed, a digital copy of your Mahindra Gusto insurance policy will be sent shortly to your registered email address.
Tata AIG also offers a hassle-free claims settlement process for Mahindra scooter insurance policies. You can file a claim online or by calling our toll-free number 1800-266-7780.
With our network of garages across India, you can avail of cashless claim settlement for your Mahindra Gusto scooter.
Mahindra Gusto Insurance Price – Your Premium Amount
Mahindra Gusto insurance premium is the amount you pay to the insurance company to cover your scooter. The premium amount depends on various factors, such as the insured declared value, type of coverage, add-ons, vehicle age, registration location, and rider details.
Understanding these factors can help you choose the right insurance policy for your Mahindra Gusto scooter and ensure you get the best possible premium amount.
Insured Declared Value (IDV) The IDV of your Mahindra Gusto scooter is the maximum amount you can claim from the insurance company in case of a total loss or theft. The higher the IDV, the higher the premium amount you will have to pay.
Type of Coverage The premium for a comprehensive Mahindra Gusto insurance policy will be higher than that of a third-party policy. A comprehensive policy provides coverage for damages caused to your scooter and third-party liabilities, while a third-party policy covers only third-party liabilities.
Add-ons Additional coverage options such as zero depreciation, engine protection, and roadside assistance can be added to your Mahindra two-wheeler insurance policy for an additional premium.
No Claim Bonus (NCB) If you have not made any claims in the previous policy year, you will be eligible for a discount on the premium amount.
Age of the vehicle The older your Mahindra Gusto scooter, the lower the premium amount will be.
Location of registration The premium amount may vary depending on the city or state where the vehicle is registered.
Rider details The age, gender, and driving history of the policyholder and any additional riders can also impact the premium amount.
Anti-theft devices If your Mahindra Gusto scooter is equipped with an anti-theft device, you may be eligible for a discount on the premium amount.
Add-on Bike Insurance Covers That You Should Consider
When insuring your bike, even a comprehensive insurance policy may not always be enough. Add-on bike insurance covers can provide additional protection for your two-wheeler and help you avoid out-of-pocket expenses in the event of an accident or theft.
These add-ons are optional but worth considering for the extra peace of mind they offer. Tata AIG offers an extensive range of add-on bike insurance covers that you should consider for protecting your bike and yourself while on the road.
Personal Accident rider You benefit from a predetermined sum of money to the nominee in the event of the policyholder's death or physical injury due to an accident involving their Mahindra Gusto.
Third-Party Property Damage rider It offers coverage over and above the basic insurance for any damage caused to third-party vehicles or property by the policyholder's Mahindra Gusto.
Roadside Assistance rider You receive access to 24x7 mechanic services for breakdowns in remote areas.
Emergency Medical Expense rider This add-on covers the medical expenses of the rider and pillion rider resulting from an accident involving the Mahindra Gusto.
The Consumables Expense rider This add-on covers the cost of consumable parts lost or damaged in an accident.
The Return to Invoice rider You receive the reimbursement of the original invoice or purchase cost of the Mahindra Gusto in case of theft or total damage.
Depreciation Allowance rider This add-on provides the original value of the bike parts during repair or replacement.
Things Covered and Not Covered under Mahindra Gusto Insurance
Our website and policy document provides a detailed list of the insurance coverage offered, allowing you to avoid any surprises or misunderstandings during the claims settlement process.
Additionally, we offer a free-look period of 15 days, during which you can ask any questions and make an informed decision.
We have provided a clear table outlining the inclusions and exclusions of Tata AIG's Mahindra Gusto two-wheeler insurance coverage:
|Things Covered under Tata AIG Mahindra Gusto Insurance||Things Not Covered under Tata AIG Mahindra Gusto Insurance|
|Total loss due to theft or irreparable damage to your Mahendra Gusto bike||Losses resulting from mechanical or electrical malfunctions or regular wear and tear|
|Natural calamities, including earthquakes, cyclones, snowfall, and floods, inflict damage.||Damages resulting from careless or drunken driving|
|The destruction brought on by artificial events like terrorism, strikes, vandalism, riots, etc.||Damage resulting from nuclear perils, mutiny, war, civil unrest, or other unlawful activities that create a state of war.|
|Accidental damage occurred while being transported by land, water, air, etc.||Theft- or break-in-related damages that don't lead to the bike being lost|
|Personal accident insurance with medical coverage up to Rs. 15 lakhs for accidents that result in physical harm or death.||Damage to the bike when it is used outside of the policy's specified geographic area|
|Liability for third-party deaths, injuries, and property or vehicle damage brought on by your insured Aprilia SR 160 motorcycle||Damage caused to your Mahindra Guto due to speed racing, crash testing, and other racing, speed, or reliability trials.|
Why Is It Important to Have a Mahindra Gusto Insurance Plan from Tata AIG?
Having a reliable insurance plan for your Mahindra Gusto is crucial in today's world. A comprehensive two-wheeler insurance policy provides financial protection in case of accidental damage, theft, or third-party liabilities and ensures peace of mind while on the road.
Tata AIG offers a range of Gusto scooty insurance plans that cater to the diverse needs of scooter owners. Let's take a closer look at why it's important to have a Mahindra Gusto insurance plan from Tata AIG.
Protection against financial loss A comprehensive insurance plan from Tata AIG can help protect you against financial losses in case of accidents, theft, or damage to your Mahindra Gusto scooter.
Legal compliance As per the Motor Vehicles Act of 1988, having a valid insurance policy for your bike is mandatory. Failure to comply with this law can result in penalties and legal consequences.
Third-party liability coverage Tata AIG's third-party bike insurance policy offers coverage for damages caused to a third party in case of an accident. This can help protect you against legal liabilities arising from such accidents.
Personal accident coverage Tata AIG's comprehensive Mahindra Gusto scooty insurance includes personal accident coverage for the policyholder in case of accidental injuries or death while riding the scooter.
Add-on covers Tata AIG offers various add-on covers that can enhance the protection offered by your Mahindra bike insurance policy. These covers include zero depreciation, roadside assistance, engine protection, and more.
Hassle-free claim settlement Tata AIG offers a smooth and hassle-free claim settlement process, making it easier for policyholders to file and settle claims in case of any damages or accidents.
Overview: Mahindra Gusto
Mahindra Gusto is a popular automatic scooter manufactured by Mahindra Two Wheelers Ltd, a subsidiary of the Mahindra Group in India. The scooter was launched in India in 2014 and has since become popular among riders, particularly for its sleek design, fuel-efficient engine, and comfortable ride.
The Mahindra Gusto offers several features, such as telescopic suspension, tubeless tyres, and a digital console. The scooter is powered by a 109.6cc or 124.6cc engine, depending on the variant, and is known for its smooth performance and easy handling.
In addition to its impressive design and features, the Mahindra Gusto is also known for its affordability, making it a popular choice among first-time buyers and those looking for a reliable daily commuter. The scooter is available in several colours and has received positive reviews for its performance and value for money.
Overall, the Mahindra Gusto has carved out a niche in the Indian two-wheeler market and remains a popular choice for riders looking for a reliable, affordable, and stylish automatic scooter. Choose Tata AIG as your trusted partner for Mahindra Gusto insurance and experience their excellent customer service and comprehensive coverage options.
Mahindra Gusto Variants and Prices
|Variants||Ex-showroom Price in Delhi|
|Gusto VX SPL Edition||₹49,910|
|Gusto DX CBS||₹50,996|
|Gusto VX CBS||₹55,660|
Mahindra Gusto Features: Unique Selling Points
The Mahindra Gusto is a stylish and innovative scooter designed for modern riders. It is a feature-packed scooter that offers comfort, convenience, and style, making it a popular choice among Indian riders. Here are some of its unique selling points and key features:
Height-adjustable seat The Gusto is the first scooter in India to feature a height-adjustable seat, allowing riders of different heights to customise their riding experience for maximum comfort.
Remote flip key The Gusto comes with a unique remote flip key that can be used to unlock the scooter from a distance, making it more convenient and user-friendly.
Quick storage The Gusto features a convenient front storage compartment that can be easily accessed with just the push of a button, making it easy to store small items on the go.
Telescopic front suspension Gusto's telescopic front suspension provides a smooth and comfortable ride, even on bumpy roads.
Large wheels The Gusto features large 12-inch wheels, providing better stability and grip on the road.
Easy-to-use controls The Gusto's controls are designed to be user-friendly, with an easy-to-read digital instrument cluster and simple-to-use switches and buttons.
Fuel-efficient engine The Gusto is powered by a fuel-efficient 110cc engine that delivers excellent mileage, making it an economical choice for daily commuters.
Top 3 Rivals of Mahindra Gusto
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
How to Claim Honda Activa Insurance?
Follow this easy Tata AIG claim process for your Honda Activa Insurance:
Go to our Claims page and click on ‘Initiate Claim’.
Login to your account by providing the authorised mobile number and clicking on Confirm.
Register your claim by providing your vehicle insurance policy number, FIR details, and other basic personal details as required on the form available on the Tata AIG website.
We will assess the claim, review the damages and send the vehicle for repair at the closest network garage.
Meanwhile, Tata AIG will initiate the claim settlement process.
Once the claim process is completed, the vehicle is repaired and returned to you.
How To Renew Honda Activa Insurance?
Tata AIG allows easy and quick renewal for your Honda Activa insurance policy:
Go to the Bike Insurance page and input the bike registration number in the given calculator. Click on ‘Renew’
The calculator will automatically fetch the necessary details. Input any other details as requested.
Add any previous claims history or opt for the NCB discount. Make any changes you wish to the add-ons included.
The calculator will display the exact Honda Activa insurance premium cost. Make the payment, and your Honda Activa policy is renewed.
What is the price of the Honda Activa?
Honda Activa comes in two models – 6G and 125 BS-VI. Both models have different variants. The base variant of the Honda Activa 6G is priced at ₹69,080. The base variant of the Honda Activa 125 BS-VI is priced at ₹72,637.
What are the available variants in Honda Activa?
Honda Activa is available in two different models:
- Honda Activa 6G
- Honda Activa 125 BS-VI
Each model offers different variants and colours. The engine capacity, features, mileage, features, etc., of both models, vary significantly. Irrespective of the variant you choose, it is important you buy Honda Activa Insurance for your vehicle for a safe and secure ride.
What is the difference between third-party and comprehensive Mahindra Gusto insurance policies?
The main difference between third-party and comprehensive Mahindra Gusto insurance policies is the coverage they provide. A third-party policy only covers damages or losses to third-party individuals or property, while a comprehensive policy provides coverage for both third-party damages as well as damages or losses to your own vehicle.
What documents are required to make a claim under my Mahindra Gusto insurance policy?
The documents required to make a claim under a Mahindra Gusto insurance policy can vary depending on the type of claim being made. Generally, the required documents may include
The policy document,
A copy of the vehicle's registration certificate,
A copy of the driver's license, a police FIR in case of theft or third-party damages,
Repair bills and invoices, and
Any other relevant documents requested by the insurer.
Is there a No Claim Bonus (NCB) available for Mahindra Gusto insurance policies from Tata AIG?
Yes, a No Claim Bonus (NCB) is available for Mahindra Gusto insurance policies from Tata AIG. If you do not make any claims during the policy period, you can earn a discount on the renewal premium. The NCB discount can be up to 50% on the own-damage premium and can significantly reduce the cost of your policy.
How can I contact Tata AIG for any queries or assistance with my Mahendra Gusto?
You can contact Tata AIG for any queries or assistance with your Mahendra Gusto insurance policy by calling our customer care helpline at 1800-266-7780, visiting our website, or visiting our nearest branch office.
Disclaimer: 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.