Mahindra XUV 500 Car Insurance

Name: Mahindra XUV 500 Insurance
Brand: IndusInd General Insurance
Rating: 4.9 (310 reviews)

Manufactured by Mahindra & Mahindra, the Mahindra XUV 500 is a powerful mid-size SUV from India that debuted in 2011. It features a 70-litre fuel tank and is available in 20 variants, with both petrol and diesel engines. This vehicle particularly appeals to car enthusiasts who favour bold design elements such as muscular fenders, a distinctive tailgate, and a chrome grille.

To protect the distinguishing features of your Mahindra car, it is important to opt for a car insurance plan. At IndusInd General Insurance (formerly Reliance General Insurance), you can get insurance premiums starting at ₹308/month*. So, now, you no longer need to visit multiple websites to find an affordable XUV 500 insurance price.

We ensure that your car insurance not only fulfils your legal obligations but also gets comprehensive protection against accidents, natural disasters, fire and theft. With our plans, you can get cashless repairs at more than 11,000 garages across India*. Additionally, you can choose from over 15 different add-ons* to fully customise your car's insurance.

What are you waiting for? Download our IndusInd Insurance app to get started! You can quickly purchase your vehicle’s insurance using your smartphone via this app. After that, simply keep the app installed to carry your policy papers wherever you go.

Why Us?

Why 8 Crore+ Policyholders Trust Us?

IndusInd General Insurance (formerly Reliance General Insurance) provides access to a wide network of garages throughout India. Additionally, you can enjoy 24/7 customer support and the convenience of online renewal and claims processing to make things easier for you.

Model Car

15 plus add-on covers

Customise your Mahindra XUV 500 insurance.

Up to 3 years coverage

Get long and short term coverage

Video claims feature

File claims via the IndusInd Insurance app

24/7 Customer Assistance

Get support from anywhere in India

Why Do You Need Mahindra XUV 500 Insurance?

Legal Mandate

As you would drive a car in India, you are mandatorily required to hold at least third-party liability insurance. This means no matter how often you drive your XUV 500, it is required to have insurance. If you are found by the police driving your Mahindra XUV 500 without valid car insurance, you will face a penalty of ₹2,000–₹4,000 and may also be sentenced to prison for up to 3 months.

Covers Accident Repairs

The Mahindra XUV 500 offers a commanding driving position and a powerful engine, allowing you to cruise comfortably over long distances. But if you regularly drive through tight city traffic, your car remains exposed to accidents, causing dents on its body, tyre blowouts, suspension damage, etc. Therefore, you can go for a car insurance plan to cover the unexpected repair costs.

Protects From Theft

Car theft was at a record high in early 2025, with some Delhi officials reporting an average of 13 cars stolen daily in the national capital. To counter this, you can get car insurance, as it provides the necessary financial safety net in the case of a total loss. The top model of the Mahindra XUV can cost up to ₹20.11 lakh*, and holding insurance assures that you get back the IDV amount if your car is stolen.

Drive Protection

Though the Mahindra XUV 500 is designed for long highway drives, its prolonged use increases the risk of damage from flying debris in strong winds or water damage to the engine in floods. If any of these incidents occur, a Mahindra XUV 500 insurance policy can

help recover the repair or replacement costs. For added safety, you can opt for our nil depreciation cover that further reduces your out-of-pocket costs.

Covers Fire and Fire-Related Damage

Cars can sometimes experience fire incidents that are caused by electrical faults or external factors. With our Mahindra XUV insurance, your SUV stays financially protected from fire damage. With this coverage, you get help for any repairs or even a replacement in case your fire is affected by fire.

Network Garages and Spare Parts

Local garages may not use authentic OEM parts when you visit them for repairs. This can directly affect your vehicle’s performance and safety. Conversely, with IndusInd General Insurance, you have easy access to over 11,000 network garages* across India. These garages strictly avoid counterfeit parts and perform repairs with top-notch precision to ensure high-quality finishes every time.

Types of Mahindra XUV 500 Car Insurance Plans

Comprehensive Car Insurance

Comprehensive car insurance policies offer complete protection against unforeseen damage to your vehicle or damage caused by your car to others. For instance, suppose you accidentally hit another car, resulting in major repair needs for both your vehicle and the other person's car. Our comprehensive plan can cover these costs and also provide additional protection through 15+ optional add-ons*.

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Pay As You Drive Car Insurance

You can add this usage-based cover if you have already bought comprehensive and standalone car insurance. With our IndusInd Limit Sure - Pay As You Drive, you can select a yearly limit from 2,500 to 10,000 km*, with a 125 km grace buffer*. If you have paid for more kilometres and those were unutilised, you can carry them forward to the next policy year, making PAYD insurance ideal for occasional drivers.

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Third Party Car Insurance

If you are eyeing a budget-friendly XUV 500 insurance price, you can go with this policy type. Third-party car insurance protects you from legal liabilities if you cause property damage or bodily injuries to others while driving your insured vehicle. To ensure continuous coverage, we provide a 3-year long-term third-party car insurance policy for new vehicle owners.

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Own Damage Car Insurance

Standalone Own Damage (SAOD) insurance protects your vehicle from accidental damages and losses caused by floods, storms, theft, and fire incidents. It offers dedicated own-damage coverage while complementing your existing third-party insurance policy. The plan duration can align with your TP policy tenure.

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Key Features

Key Features of IndusInd Mahindra XUV 500 Insurance

IndusInd General Insurance offers different car insurance plans that suit your driving patterns and the frequency with which you use your Mahindra XUV 500.

Key Features

Key Features	Descriptions
Starting Premiums	₹308/month*
IDV Customisation	Available
Coverage Offered	Own Damage & Third-Party Liability
Discounts	Up to 90%*
NCB Discount	Up to 50%*
Quick Claims Process	Cashless + Survey is initiated within just 24 hours of claim initiation
Smartphone-Enabled Claims	Video claim feature on the IndusInd Insurance App
Network Garages	11,000+ network garages nationwide
Instant Buying/Renewal	Quick policy purchase and instant renewal
Add-Ons	15+ add-on covers available
Personal Accident (PA) Cover	Additional PA cover of up to ₹15 lakhs is available
24/7 Customer Support	Available through WhatsApp and Calls

Disclaimer: Please refer toa your policy documents for more information.

Inclusions & Exclusions

IndusInd Mahindra XUV 500 Car Insurance: Inclusions & Exclusions

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What is Covered?

Accidents and Collisions: This covers the repair costs for damage to your car caused by a road accident.

Third-party Damages: This covers the cost of repairing damage to someone else’s vehicle or property.

Natural Disasters: Protection against damage from floods, cyclones, earthquakes, storms, landslides and other natural calamities causing harm.

Man-Made Events: Covers damage from riots, strikes, vandalism, terrorism, or any deliberate damage caused by other people.

Fire or Explosion: Repair costs for damage due to fire, explosion, self-ignition and lightning will be covered

Theft: Offers compensation for damage or lost car parts due to theft. The coverage is based on the IDV.

Personal Accident: Financial support for injuries, permanent disability, or death of the car owner while driving the vehicle.

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What is not Covered?

Depreciation: Depreciation of your car's parts typically isn't covered, but we do cover it under the nil dep add-on.

Law Violations: We cover all accidental damage to your Mahindra XUV 500 except for ones that arise due to law violations.

Accessory Coverage: We automatically cover factory-fitted accessories. But if you add more accessories after purchase, you'll need to opt for add-on coverage.

Outside Coverage Zone: We offer pan-India coverage, but if you require coverage outside India you can get our Geo-extension add-on.

Disclaimer: For the complete list of Inclusions and Exclusions, please refer to the policy wording by clicking here.

One call is all it takes to secure your XUV 500

Call us now for the best deal!

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Mahindra XUV 500 Insurance Add-On Covers

You can easily enhance the coverage for your Mahindra XUV 500 by selecting add-ons if you think its several parts need some extra protection. For example, the consumable expenses add-on helps you maintain your car more affordably with routine servicing. Our website offers a selection of over 15 add-ons* for you to customise your car insurance further.

Nil Depreciation Cover

Offers full compensation for damaged plastic, fibre, and rubber parts without accounting for depreciation. XUV 500 owners gain an advantage, as replacing the windshield glass and fenders of this robust SUV can be very costly.

Pay as you Drive

The extra price for this add-on is based on your car’s actual mileage. You can choose a range between 2,500 and 10,500 km* and top up if needed. It is ideal for XUV 500 owners who drive their cars less frequently.

Tyre Protection Add-On Cove

If your Mahindra XUV 500 experiences a tyre blowout due to poor road conditions, this add-on can pay for the replacement costs. It is useful for drivers who often drive on uneven roads or village tracks with potholes.

Engine and Gearbox Protection Cover

The heavy-duty diesel engine in most XUV 500 variants can lead to costly damage repairs. Such expenses include both repairing and replacing the engine parts after water damage, oil leaks, or accidents.

Consumable Expenses Add-On Cover

With this cover, you can get paid for consumables like nuts, bolts, brake fluids, engine oil, etc. These things typically make up 5-10% of the total repair costs. So, this add-on saves your out-of-pocket expenses significantly.

Return-to-Invoice Cover

This add-on offers the full original invoice amount, inclusive of taxes and registration fees, in case of total loss from a major accident or theft, rather than settling for the vehicle’s depreciated worth.

Key and Lock Replacement

Covers the expenses for replacing stolen, damaged, or lost keys, including smart-key programming. This plan is especially suitable for models like the XUV W9, W10, or Sportz featuring expensive key fobs and locksets.

24/7 Roadside Assistance

If you drive your Mahindra XUV 500 through remote locations, this can be beneficial. It ensures quick fuel delivery, flat tyre change, and other on-site repairs shortly after you call our helpline or reach us through IndusInd Insurance app.

Loss of Personal Belongings

In case valuables exceeding ₹5,000, such as laptops, phones, or bags, are stolen from your locked car, this add-on provides compensation. Suitable for commuters carrying work gear or travelling in theft-prone locations.

EMI Protection Cover

It guarantees you won't miss an EMI when your car is in the garage for extended periods after an accident. For instance, if your monthly car EMI is ₹8,000, we will help you pay it while your vehicle is still being repaired.

No Claim Bonus (NCB) Retention

Preserves your accumulated NCB benefits even after you submit up to 2 claims* in the same policy year. Thus, it helps to save your overall car insurance cost in the long run.

Daily Allowance Benefit

When car repairs at a network garage extend beyond three days, this add-on offers you a daily cash allowance to pay for alternative modes of travel. So, it is truly beneficial if you regularly use your vehicle.

Electrical Accessories Cover

Protects aftermarket electrical fittings such as audio systems, parking sensors, GPS, and rear‑view cameras that aren’t typically covered under standard inclusions.

Non‑Electrical Accessories Cover

Covers theft or damage to custom fittings like seat covers, bumper guards, and decorative trims — keeping your XUV 500’s personalisations safe.

Geo Extension Cover

Enhances the scope of coverage in India's 6 neighbouring nations*, including Bhutan, Nepal, and Sri Lanka. If you are planning to go on international trips driving your Mahindra XUV 500, this add-on can be quite helpful.

How to Buy

How to Buy/Renew Mahindra XUV 500 Car Insurance?

Model - Car

Buy Online

On top of this page, enter car registration and mobile number. Use our calculator below to estimate SI and premium.

Select your car make/model and enter your registration and previous policy details.

Enter your mobile number and the OTP. Next select your policy type and car's IDV.

Select any add-ons you require, then review the policy details and final price.

Pay online and complete the CKYC with your PAN details to receive your policy.

Model - Car

Renewal Online

Navigate to the form on top of this page choose ‘Renewal’ to start your car insurance renewal process.

Fill in your mobile number or policy number > Submit.

Add your car’s details, such as registration number.

Update/modify your own damage plan as per your needs.

Confirm the premium and make the insurance renewal payment.

Homepage Curated Plans Client Extension

Factors Affecting Mahindra XUV 500 Car Insurance Premium

The premiums for your Mahindra XUV 500 are determined by specific criteria designed to offer optimal coverage that fits your requirements and driving habits. Some of these criteria, outlined below, can assist you in lowering your premiums to maximise your savings.

XUV 500’s IDV

IDV is the current market value of your car and the maximum amount your insurer promises to pay in the event of car theft or total loss due to an accident. A higher IDV will slightly increase your plan premium, but at the same time provide greater compensation during a claim. Thus, you can choose a reasonable IDV based on your vehicle's present market value.

Type of Coverage

Whether you select a comprehensive car insurance plan or a third-party policy largely affects the premium amount. A comprehensive plan offers full protection from accidents and theft to your own vehicle, while third-party policies primarily cover your legal liabilities towards others. If you choose to combine optional add-ons for better coverage, it can also increase the premium.

Add-On Covers

Specific add-ons like our nil depreciation cover, engine protection cover, 24/7 roadside assistance, etc., increase the scope of protection by addressing some serious concerns. However, the more add-ons you choose, the higher your car insurance premium will be. So, it is important to analyse your coverage needs and accordingly choose the add-on covers.

Car’s Make and Model

The XUV 500 model’s market price, fuel type (diesel or petrol), and engine capacity also play a vital role in deciding the premium. If you are seeking a car insurance policy for your vehicle that is to be used for commercial purposes or has a higher engine capacity, it will automatically lead to higher insurance costs.

Claim History

At IndusInd General Insurance (formerly Reliance General Insurance), we offer no claim bonus benefits of up to 50%* of the premium. You can take advantage of this discount and pay less when renewing your car insurance policy. However, if you make frequent claims, there can likewise be an increase in your premium.

Installing Anti-Theft Devices

If you use anti-theft devices certified by IRDAI to protect your insured Mahindra XUV 500, it can help lower the final premium. It makes you eligible for a discount of up to 2.5%* on the own damage portion of your four-wheeler insurance. This way, you can save a maximum of ₹500* every year. So, if you opt for a three-year insurance plan, you can save up to ₹1,500 on your premiums*.

Mahindra XUV 500 Key USPs

The Mahindra XUV500 is equipped with a strong mHawk diesel engine that delivers smooth power and torque, ensuring confident drives on highways and hilly terrains. Its plush interiors and premium suspension make long trips more comfortable. However, regular highway travel at high speeds or in heavy traffic increases the chances of accidental damage. Having comprehensive car insurance can protect you from repair costs due to unexpected collisions or roadside mishaps.

Loaded with features like up to 6 airbags, ABS with EBD, and an electronic stability program, the XUV 500 prioritises passenger safety during sharp turns or emergency brakes. However, no matter how cautious a driver may be, unforeseen road hazards can still occur. Car insurance provides financial coverage for accidental damage, helping to ensure that your SUV’s safety systems are fully restored after repairs.

This car has a spacious 7-seater layout and is loaded with technology in the dashboard, including the touchscreen infotainment system and climate control. All these features make it an ideal car when going on a family road trip. But long-distance drives can expose the car to stone chips, scratches, or minor dents, especially on rough highways. Under car insurance, you can get these damages fixed without worrying about hefty repair bills.

The XUV500’s striking, aggressive style makes it a standout on the road. To keep its value high for resale, it is important that any accidental repairs are done with genuine parts and quality service. IndusInd Car Insurance connects you to over 11,000 trusted garages* across India, where your XUV500 can be repaired with authentic Mahindra parts, keeping it in excellent shape.

How to File?

How to File a Mahindra XUV 500 Claim?

How to File

Step 1: Inform Us

You must inform us within 24 hours and quickly register your claim through the IndusInd Insurance app or a seamless, hassle-free process claim.

Step 2: Claim Verification

Take your car to a network garage, where we will send a surveyor to check the damage and verify the claim. Now easily find any network garage near you using our widget below.

Step 3: Self Inspection

You can also opt for a self-inspection via the IndusInd Insurance app by submitting photos or via a live video survey.

Step 4: Claim Approval

Our team will approve your claim once you submit all your claim documents, which can take 7 days after submission.

Step 5: Bill Settlement

After we approve, we pay the bill directly to the garage and drop off your car at your address.

Step 1: Initiate the Claim

To initiate a claim for total loss, damage or theft, you’ll need to inform us within 24 hours.

Step 2: Visit Garage

Visit any garage of your choice for repairs. Pay the repair bills and keep all bills and receipts.

Step 3: Register Claim

Step 4: Upload Documents

As part of the document verification, upload RC, policy, DL, FIR (if needed), and repair estimate

Step 5: Money Transfer

Upon approval, we will transfer the claim amount directly to your bank account.

Disclaimer: For precise claim-related information, please refer to our policy documents or get in touch with our customer helpline.

Mahindra XUV 500 - Models and Prices

With 20 different variants, the Mahindra XUV 500 offers unmatched durability and performance.

Mahindra Models	Price (as of August 2025)#
W3 Manual \| Diesel	₹12.37 lakh
W5 Manual \| Diesel	₹14.27 lakh
W7 AT Automatic \| Diesel	₹15.45 lakh
G AT Automatic \| Petrol	₹16.16 lakh
W11 Manual \| Diesel	₹17.22 lakh
W9 Manual \| Diesel	₹17.33 lakh
W9 AT Automatic (TC) \| Diesel	₹18.54 lakh
W11 Opt Manual \| Diesel	₹18.89 lakh
W11 (O) AWD AT Automatic \| Diesel	₹19.78 lakh
W11 Opt AT Automatic (TC) \| Diesel	₹20.11 lakh

Disclaimer: The prices mentioned are subject to change based on your city of residence, car model, variant, year of purchase and the dealership you are buying your car from. The prices mentioned above have been taken from this source.

Key Takeaways

Offering a competitive mileage of 17-24 kmpl, the Mahindra XUV 500 is a popular mid-size SUV in its price segment. The car is available with both manual and automatic gearbox options, and you can choose from 6 different colours.

Though the XUV 500 is extremely dependable, like any vehicle, it is not completely immune to accidents, floods, or tyre blowouts. If you are a regular driver, it is wise to consider standard car insurance.

At IndusInd General Insurance (formerly Reliance General Insurance), you can get coverage starting at just ₹308/month*. Our process is fully online, no matter whether you are purchasing, renewing, or making a claim, as we believe in a digital-first experience. Want to find out your XUV 500 insurance price? Use our IndusInd Insurance app We offer some of the best rates on the market and quick access to over 11,000+ certified garages across India, all using genuine parts. So, instead of waiting, contact us today for seamless insurance renewal.

Author - Model Car

IndusInd General Insurance

Aapke Protection ka All-rounder

IndusInd General Insurance is one of the leading general insurance companies in India. The Company offers a well-rounded and comprehensive bouquet of products including Motor Insurance, Health Insurance, and Travel Insurance, and offers customised solutions to meet the protection needs of each customer.

Dzire insurance starting at just ₹308 per month*

Get full-circle protection for your Mahindra XUV 500

From damage and theft to add-ons like roadside assistance, we’ve got you covered.

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