Mahindra Two Wheeler Division is one of the operational divisions of well-known Indian automobile company Mahindra & Mahindra. The division started its operations in 2008 after acquiring the assets of Kinetic Motor Company. The Pune based company has its manufacturing plant in Madhya Pradesh and makes scooters and motorbikes. The company has obtained a 51% stake in Peugeot Motorcycles, which is one of the oldest two-wheeler manufacturers in the world.
The company has its presence in 17 countries of the world. The company ranked ninth in the list of top-selling two-wheeler companies of 2019, having sold 4,004 units in the year. The Mahindra Centuro is the premier motorbike that the company offers. The popular bike has won 11 different awards from industry and consumer groups. Let's take a look at its other models as well.
The motorbikes that Mahindra & Mahindra's two-wheeler division offers in the market are:
The Centuro Nxt has a 106.7 cc air-cooled engine with self/kickstart options. The bike has a 4-gear transmission. It has an impressive mileage of 85.4 km/l. It has a flip key with 96-bit secure access, anti-theft alarm, engine immobilizer, and pillion grabrail for safety.
The Centuro Rockstar has an MCI-5 106.7cc engine to ensure the best pickup and mileage. The stylish alloy wheels, red stripes, and golden metal ribs give a stylish look to the bike. The extra-long seat ensures greater comfort, while the LED tail lamp gives better visibility at night.
The Mojo is a powerhouse with a 295 cc liquid-cooled engine mated to a 6-gear transmission. The bike comes with a dual-channel ABS for enhanced safety on the roads. It has 17” alloy wheels and has a twin-tube exposed frame chassis. It is available in four different colours.
The premium (that you would pay for your Mahindra bike insurance) depends on the model of the bike, variant, engine capacity, place of registration, year of registration, among other factors. The table below shows premium rates for the popular Mahindra bikes available in the market:
|Bike Variant||Ex-showroom price of the bike||IDV*||Zero Depreciation (Add On)*||Premium*|
|Mahindra Centuro Nxt 110 cc||Rs.55,745||Rs.48,875||Rs.220||Rs.4,431|
|Mahindra Centuro Rockstar STD||Rs.50,585||Rs.48,356||Rs.218||Rs.4,022|
|Mahindra Mojo STD||Rs.1,99,000||Rs.1,80,980||Rs.649||Rs.8,865|
*The price is calculated for a 2020 model registered in Hyderabad.
Add-on covers can enhance the scope of your bike insurance. This will help get a higher claim amount. Some of the add-ons you can consider buying are:
The best way to renew your Mahindra bike insurance is to get it done through PolicyX.com, as the portal offers a seamless experience of renewing your policy. This is how you can get it done:
Yes, you definitely can get insurance coverage for it! This kind of an act is a malicious act or an act of vandalism that is considered as a man-made hazard. It is included under your insurance policy and you can make an insurance claim to get the repair costs compensated.
Depreciation is calculated on bike parts to account for wear and tear. This reduces the claim amount you get. You can buy the zero depreciation add-on cover, where depreciation is calculated as zero for the insurance claim. This will help you get a higher amount if you make a claim.
Sorry, this is not possible! Theft policy is only applicable to the theft of the bike. Any accessories fitted in the bike are not separately covered under insurance. So, any claim for loss of the accessories will not be accepted. In case the bike itself was stolen, then you can submit a claim, else claiming for loss or damage of accessories is not permitted.
As per the terms of your policy, a standard deductible or compulsory deductible is included. The amount varies depending on the bike you have and its age. The amount is mentioned in your policy. The deductible is the amount that you need to pay before the insurer settles the claim. If your total permissible claim is 8,000 and your deductible is 1,000, then you need to pay 1,000 and the insurer will pay 7,000.
Last updated on 10-08-2020