Mahindra Bike Insurance

Popular Mahindra Two Wheeler Models & Prices

• Mahindra Centuro: Known for its durability and fuel efficiency, the Centuro is priced around ₹50,000.
• Mahindra Mojo: A premium bike with advanced features, priced approximately at ₹1.9 lakh.
• Mahindra Gusto: A popular scooter with a price tag of around ₹55,000.
• Mahindra Rodeo: Another scooter option, priced at about ₹48,000.

• Mojo 300 BS6: Anticipated to launch at around ₹2.08 lakhs, this model aims to enhance Mahindra's presence in the sports-touring segment

Inclusions of Mahindra Bike Insurance

• Third-Party Liability: This is mandatory and covers damages to third parties, including property damage, bodily injuries, and death. This is part of the third-party two-wheeler insurance.
• Own Damage Cover: Protects against damages to your bike due to accidents, theft, fire, natural disasters, and man-made calamities.
• Personal Accident Cover: Provides financial protection in case of accidental injuries or death of the rider.
• Theft Protection: Provides compensation if the bike is stolen.
• Natural Calamities: Protection against damages due to floods, earthquakes, or other natural disasters.
• Fire Damage: Covers incidents involving fire or explosion.

Exclusions of Mahindra Bike Insurance

• Wear and Tear: Regular wear and tear of the bike parts are not covered.
• Mechanical or Electrical Breakdown: Failures due to mechanical or electrical issues are excluded.
• Riding Under Influence: Damages incurred while riding under the influence of alcohol or drugs are not covered.
• Illegal Activities: Any damage resulting from illegal activities or riding without a valid license is excluded.

Mahindra Bike Insurance: Add on Covers

• Zero Depreciation Cover: Ensures full claim amount without considering depreciation on bike parts.
• Engine Protection Cover: Covers damages to the engine due to water ingress or oil leakage.
• Roadside Assistance: Assists in case of breakdowns, including towing services and minor repairs.
• Consumables Cover: Covers the cost of consumables like engine oil, nuts, bolts, etc., during repairs.
• Engine Protection Cover: Covers engine damages due to incidents like waterlogging or oil leaks.
• Return to Invoice Cover: Reimburses the invoice amount in case of total loss or theft.
• Passenger Cover: Accident coverage for pillion riders.

Reasons to Buy Mahindra Bike Insurance

• Comprehensive Coverage: Offers extensive protection against various risks.
• Legal Compliance: Ensures compliance with the mandatory third-party insurance requirement.
• Financial Security: Protects against unexpected financial burdens due to accidents or theft.
• Peace of Mind: Provides assurance and peace of mind while riding.

How to Buy Mahindra Bike Insurance Online?

1. Enter Bike Details: Go to the official SBI General website. Provide details such as bike model, registration number, and personal information that are asked.
2. Get a Quote: Select the type of coverage and any add-ons you wish to include. After doing so you will get a premium quote based on the selected coverage.
3. Receive Policy: Complete the payment process online and the policy document will be emailed to you instantly.

How to Renew Mahindra Bike Insurance?

1. Download the Mobile App: Get the SBI General Insurance app from the Play Store or App Store and log in using your mobile number.
2. Choose the Renewal Option: Locate your Mahindra bike policy in the service tab, and take a look at the coverage details and available add-ons.
3. Update Your Details: Adjust any necessary information, such as your address or any modifications made to your bike.
4. Review and Complete Payment: Examine the renewal premium, apply any applicable discounts, and finalize your payment to receive your updated policy via email.

How to Raise Mahindra Bike Insurance Claim Online?

➔Download the SBI General App or head to our official website.

➔Claim Registration: Fill in all necessary information to inform us about the incident.

➔Document Submission: Upload the essential documents required for the survey and inspection process.

➔Repair Approval: We will assess and authorize the needed repairs.

➔Vehicle Pickup: After the repairs are finalized, we will directly cover the repair expenses with your Mahindra bike's authorized network garage.

Why Get SBI General Mahindra Bike Insurance?

• Comprehensive Protection: SBI’s comprehensive coverage safeguards against multiple risks like accidents, theft, and calamities, ensuring all-around protection.
• Efficient Claims: The easy claims process allows for quick settlements, helping you get back on the road quickly.
• Budget-Friendly Premiums: SBI General Insurance offers competitive premiums, making insurance more accessible to Mahindra bike owners.
• Customizable Add-Ons: With options like engine protection, zero depreciation, personal accident cover and third-party liability, you can tailor the policy to meet your specific needs.

Key Features of Mahindra Bikes

➔Efficient Engines: Mahindra motorcycles are known for their dependable performance, which is typically powered by single-cylinder engines such as the 106.7 cc Centuro.

➔High Fuel Efficiency: Mahindra bikes have a mileage of up to 85.4 kmpl, making them economical for daily rides.

➔Compact, Lightweight Build: With a kerb weight of 126 kg, Mahindra bikes are easy to maneuver in city traffic.

➔Essential Safety Features: Drum brakes and anti-theft alarms offer safety and security for daily use.

➔Basic Instrumentation: Digital and analogue displays provide essential ride information, including speed, fuel, and trip data.