Mahindra Marazzo Car Insurance

Protect your Mahindra Marazzo with comprehensive car insurance. Compare quotes, choose the right plan, and enjoy peace of mind. Get instant online insurance quotes and policies.
Buy/Renew Mahindra Marazzo Car Insurance
3 min
07-August-2024
The Mahindra Marazzo is a spacious and versatile MPV that offers comfort and practicality. Protecting this valuable asset with comprehensive car insurance is essential. This guide provides detailed information about Mahindra Marazzo car insurance, including policy types, benefits, and the claims process.

What is Mahindra Marazzo car insurance?

Mahindra Marazzo car insurance policies are designed specifically to protect your Marazzo from various risks. These insurance plans cover damages from accidents, natural calamities, theft, and more. They also include third-party liability coverage, ensuring you are financially protected against claims from third parties for damages or injuries caused by your vehicle.

Why choose Mahindra Marazzo car insurance?

Choosing Mahindra Marazzo car insurance ensures that you receive tailored coverage for your vehicle. With specialised plans, you can get extensive protection that includes:

  • Comprehensive coverage against a wide range of risks
  • Financial security against unforeseen expenses
  • Access to network garages for cashless repairs
  • Peace of mind knowing your vehicle is protected

Types of Mahindra Marazzo car insurance policies

There are different types of car insurance policies available for the Mahindra Marazzo:

Insurance typeCoverage details
Third-party liabilityCovers damages to third-party property and bodily injury.
Own damage insuranceCovers damages to your own vehicle due to accidents.
Comprehensive insuranceCovers both third-party liability and own damages.
Personal accident coverProvides coverage for the driver/owner in case of accidents.
Zero depreciation coverCovers the full cost of repairs without depreciation deduction.


Mahindra Marazzo car models and insurance price

For an estimated third-party premium cost on your Hyundai Marazzo car insurance, consult the table below. Premiums differ based on the chosen variant of the vehicle. The own damage insurance premium is determined by the insurer, considering factors like cubic capacity (CC), make, model, variant, fuel type, RTO location, claim history, and various other factors.

Mahindra Marazzo VariantThird-Party Premium Rates (FY 23-24)
Marazzo M2 Rs. 3,416*Get Quote
Marazzo M2 8StrRs. 3,416*Get Quote
Marazzo M4Rs. 3,416*Get Quote
Marazzo M4 8StrRs. 3,416*Get Quote
Marazzo M6Rs. 3,416*Get Quote
Marazzo M6 8StrRs. 3,416*Get Quote
Marazzo M2 BSVIRs. 3,416*Get Quote
Marazzo M2 8Str BSVIRs. 3,416*Get Quote
Marazzo M2 DieselRs. 3,416*Get Quote
Marazzo M2 8StrDieselRs. 3,416*Get Quote
Marazzo M8 DieselRs. 3,416*Get Quote
Marazzo M8 8StrRs. 3,416*Get Quote
Marazzo M4 Plus BSVIRs. 3,416*Get Quote
Marazzo M4 Plus 8Str BSVIRs. 3,416*Get Quote
Marazzo M4 PlusRs. 3,416*Get Quote
Marazzo M4 Plus 8StrRs. 3,416*Get Quote
Marazzo M6 Plus BSVIRs. 3,416*Get Quote
Marazzo M6 Plus 8Str BSVIRs. 3,416*Get Quote
Marazzo M6 PlusRs. 3,416*Get Quote
Marazzo M6 Plus 8StrRs. 3,416*Get Quote


Disclaimer: The above information is for Third-party premiums only. The Own Damage premium rates will depend on the specific model, variant, fuel type, place, the year of registration, IDV, add-on covers and various other factors.

Key features and benefits of Mahindra Marazzo car insurance

Mahindra Marazzo car insurance offers several key features and benefits:

  • Wide network of garages: Access to a large network of cashless garages for hassle-free repairs.
  • Add-on covers: Options to enhance coverage with add-ons like zero depreciation, engine protect, and roadside assistance.
  • Quick claim settlement: Efficient claim processing and settlement to minimize downtime.
  • No Claim Bonus (NCB): Discount on premium for every claim-free year.
  • 24/7 customer support: Round-the-clock assistance for policy-related queries and claims.

Car insurance add-ons you can consider

Additional coverage options, known as add-ons, can be purchased alongside a comprehensive car insurance policy for your Mahindra Marazzo. Here are some of the add-ons available for purchase:

  • Zero depreciation cover: Ensures full reimbursement for repairs without factoring in depreciation during claim settlements.
  • Engine protection cover: Provides coverage for the repair or replacement of the engine in the event of damages caused by accidents or water ingression.
  • Roadside assistance: Offers aid in emergencies such as breakdowns, flat tires, fuel shortages, or towing services.
  • Return to invoice: Guarantees reimbursement of the invoice value of your car in case of theft or total loss.
  • Personal accident cover: Extends coverage to passengers in the vehicle, providing financial protection in case of accidents resulting in death or disability.
  • No-Claim Bonus protection: Safeguards your accumulated no-claim bonus in the event of a claim, allowing you to retain the discount on your premium.
  • Consumables cover: Covers the cost of consumable items such as engine oil, coolant, nuts, bolts, etc., during repairs.
  • Key replacement cover: Provides coverage for the replacement cost of lost or stolen car keys, including locksmith charges.
  • Daily allowance benefit: Offers a daily allowance for alternate transportation expenses while your car is undergoing repairs.
  • Invoice price cover: Ensures reimbursement of the invoice price of your car in case of total loss or theft, including registration and road tax.

How to buy/renew Mahindra Marazzo car insurance through Bajaj Finance Insurance Mall

Bajaj Finance Insurance Mall offers a convenient platform for you to buy or renew car insurance plans for your Mahindra Marazzo. Choose from plans offered by leading insurance partners and buy the policy in just a few clicks. Here’s how:

Step 1

Click on 'Get Quote' to open the online application form.

Step 2

Enter the vehicle type, car registration number, mobile number, and residential PIN code. Check the terms and conditions and click on the 'Get Quote' button below.

Step 3

Choose the IDV, NCB value, add-on covers, and plan type to get a list of relevant car insurance policies. You need to update your current policy expiry date here.

Step 4

Click on the ‘Buy Now’ button. You will need to add owner-driver personal accident cover mandated by the RTO. Click on ‘Next’ to proceed.

Step 5

Confirm the vehicle registration date and the previous policy type (comprehensive/third-party). Click on 'Proceed'.

Step 6

Enter the vehicle owner's name, date of birth, residential address, and contact number. Also, enter the vehicle engine and chassis number (as mentioned in RC) and previous policy details.

Step 7

Recheck your previously filled details and make the payment through your preferred online payment mode. You can use net banking, UPI, or credit/debit card to complete the application process.

Step 8

That’s it. You have successfully secured your Mahindra Marazzo with a car insurance policy.

Car insurance claim process

Cashless claim process:

A cashless car insurance process simplifies the repair of your Mahindra Marazzo car by eliminating the need for upfront payment at a network garage. Here's a step-by-step guide to the cashless car insurance claim process:

  • Inform your insurance company about the accident or incident through phone, website, or mobile app.
  • Provide all relevant details of the incident to the authorities, particularly if it involves accidents, theft, or fire. File an FIR if required.
  • Take photographs of the damages to your insured car and any bodily injuries sustained immediately after the incident to serve as evidence during the claim process.
  • Find the nearest network garage and take your car there for cashless repairs. If your vehicle is stalled due to damage, contact your insurer for towing assistance.
  • Once at the garage, a surveyor from your insurance company will assess the damage. Ensure you have all necessary documents such as your car registration certificate, driving license, and FIR available for inspection.
  • The surveyor will evaluate the claim amount and prepare a report to submit to your insurer. Your insurer will then either approve or reject the claim based on the surveyor's findings.
  • Upon approval, the network garage will proceed with the repairs. Once the repairs are completed, your insurer will settle the bills directly with the garage.

Reimbursement claim process

The reimbursement claim process requires you to initially pay for the repair bills and later seek reimbursement from your insurer. Below is the reimbursement car insurance claim process for your car:

  • Inform your insurance company about the incident and register your claim.
  • Take your car to a workshop or garage of your choice for repairs.
  • A surveyor appointed by your insurer will assess the damages at the garage.
  • The surveyor will prepare and submit a claim report to your insurer.
  • The garage will repair your car and provide you with a bill, which you will need to pay.
  • Submit the original repair bills along with a claim form to your insurance company.
  • Your insurer will review the repair bills and claim form and reimburse your repair costs accordingly.

Documents required in the claims process

Here is the list of documents you may need while filing a claim for your car insurance policy:

  • Copy of the registration certificate (RC) of your vehicle
  • Copy of your driving licence
  • Policy document
  • Description of the incident and photographs of the vehicle (if possible)
  • First Information Report (FIR) in case of theft, injuries to any third party or damage to their property
  • The original keys to the vehicle
  • RTO transfer papers duly signed with Form 28, Form 29 and Form 30
  • No Trace Report from the police in cases of theft of the vehicle
  • The original bills for the repairs of the car to claim the four-wheeler insurance policy
Note: Check with your insurer in case you require more documents depending on the nature of the claim.

Mahindra Marazzo car insurance provides comprehensive protection, ensuring that you can enjoy your driving experience without worries. By choosing the right insurance policy, you can safeguard your vehicle against various risks and avoid unexpected expenses. Remember to compare policies, understand the coverage, and select a reliable insurer to get the best value for your money.

Frequently asked questions

What does comprehensive car insurance cover for Mahindra Marazzo?
Comprehensive car insurance for Mahindra Marazzo covers third-party liabilities, own vehicle damage due to accidents, theft, natural disasters, and man-made incidents.

What is a No Claim Bonus (NCB)?
A No Claim Bonus (NCB) is a discount offered on the premium for every claim-free year, encouraging safe driving and reducing insurance costs over time.

Is roadside assistance included in the policy for Mahindra Marazzo?
Yes, most comprehensive car insurance policies for Mahindra Marazzo include 24/7 roadside assistance for breakdowns, towing, and other emergencies.

How do I make a claim if my car is stolen for Mahindra Marazzo?
In case of theft, notify the insurer immediately, file an FIR with the police, and provide necessary documents like the FIR copy, policy details, and RC. The insurer will guide you through the claim process.

Can I transfer my existing policy to a new car?
Yes, you can transfer your existing policy to a new car. Inform your insurer about the new vehicle details and they will help with the transfer process.

How is the premium for car insurance calculated?
The premium for car insurance is calculated based on factors such as the vehicle's make and model, age, engine capacity, geographical location, and the type of coverage chosen.

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Disclaimer

*T&C Apply - Bajaj Finance Limited (‘BFL’) is a registered corporate agent of third party insurance products of Bajaj Allianz Life Insurance Company Limited, HDFC Life Insurance Company Limited, Future Generali Life Insurance Company Limited, Bajaj Allianz General Insurance Company Limited, SBI General Insurance Company Limited, ACKO General Insurance Limited, ICICI Lombard General Insurance Company Limited, HDFC ERGO General Insurance Company Limited, Tata AIG General Insurance Company Limited, The New India Assurance Company Limited, Cholamandalam MS General Insurance Company Limited, Niva Bupa Health Insurance Company Limited , Aditya Birla Health Insurance Company Limited, Manipal Cigna Health Insurance Company Limited and Care Health Insurance Company Limited under the IRDAI composite CA registration number CA0101. Please note that, BFL does not underwrite the risk or act as an insurer. Your purchase of an insurance product is purely on a voluntary basis after your exercise of an independent due diligence on the suitability, viability of any insurance product. Any decision to purchase insurance product is solely at your own risk and responsibility and BFL shall not be liable for any loss or damage that any person may suffer, whether directly or indirectly. Please refer insurer's website for Policy Wordings. For more details on risk factors, terms and conditions and exclusions please read the product sales brochure carefully before concluding a sale. Tax benefits applicable if any, will be as per the prevailing tax laws. Tax laws are subject to change. Tax laws are subject to change. BFL does NOT provide Tax/Investment advisory services. Please consult your advisors before proceeding to purchase an insurance product. Visitors are hereby informed that their information submitted on the website may also be shared with insurers. BFL is also a distributor of other third party products from Assistance Services providers such as CPP Assistance Services Pvt. Ltd., Bajaj Finserv Health Ltd. etc. All product information such as premium, benefits, exclusions, sum insured, value added services, etc. are authentic and solely based on the information received from the respective insurance company or the respective Assistance service provider company.

Note – While we have made all efforts and taken utmost care in gathering precise information about the products, features, benefits, etc. However, BFL cannot be held liable for any direct or indirect damage/loss. We request our customers to conduct their research about these products and refer to the respective product’s sales brochures before concluding their sale.

Premium indicated is exclusive of taxes for third party coverage of four-wheeler up to 1,500 CC. Premium may vary based on the specification of the vehicle.

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