XUV 500 Car Insurance Renewal Online
Mahindra XUV500
PX step

XUV500 Car Insurance

The Mahindra XUV500 is a compact sports utility vehicle. First launched in the year 2011, it was designed and developed in two of Mahindra's design and vehicle build centres in Chennai and Nashik. It has been manufactured in the Chakan & Nashik plant since then. The XUV500 is known to be the first monocoque chassis-based vehicle the company has ever produced. With the latest facelift in the year 2018, the Mahindra XUV500 has a more powerful engine and a better horsepower with an increase of 15hp. Today, it competes against the likes of MG Hector, Hyundai Creta, Toyota Innova, Tata Hexa and Kia Seltos.

Key Features of XUV500

The Mahindra XUV500 has two diesel engines to offer and one petrol engine variant. The 2.2 litre mHawk140 I4 petrol engine is known as the G variant. It offers a maximum power of 140bhp and develops the peak torque at 320Nm. The diesel engines are mHawk 4-cylinder 2.2 Turbocharged engine and mHawk155 Diesel engine of 6th Generation eVGT. The former variant produces the maximum power of 138bhp and the latter produces 153bhp. Furthermore, all the engine variants come with a displacement of 2179cc.

An all-wheel drive, the Mahindra XUV500 comes with the 6-speed gearbox in both manual and automatic transmission units.

When taking its performance into consideration, the XUV500 provides better mileage than 28% of other SUVs. With a fuel tank capacity of 70 litres, both the diesel engines produce 16 km/l of mileage and the petrol engine offers 13.5 km/l of mileage. The diesel engines take 11.51 seconds to move from 0 to 100kmph, whereas, the petrol engine takes about 13 seconds to do the same. The XUV500 can attain a top speed of 185kmph.

Apart from the appealing dimensions, XUV500 is also known for its 17-inch alloy wheels. Some other key features of this vehicle are 6 airbags on the front, side and curtain, touchscreen infotainment system, projector headlamps, ESP with rollover mitigation, electric sunroof, ABS, hill descent and hill hold controls, muscular bonnet with hydraulic assist, passive keyless entry, brake assist, electronic brake-force distribution, and much more.

Premium for XUV500 Car Insurance

The premium rates for XUV500 will differ between various car insurance providers. The main reason behind this is the factors that are taken into consideration when the providers are coming up with the cost of the premium. These are not limited to your XUV500's make, model, age, its current condition, the driving terrain, its idv, the location of registration, and the displacement its engine provides.

In order to get a good understanding of the various insurance rates of different XUV500 variants, take a look at the table below.

Car Variant

Price of the Car


Zero Depreciation

(Add On)*


XUV500 W7 AT (2179cc)

Rs. 15,37,000

Rs. 13,40,216

Rs. 4,691

Rs. 38,182

XUV500 W9 AT (2179cc)

Rs. 17,08,000

Rs. 14,95,446

Rs. 5,234

Rs. 39,789

XUV500 W11(O) AT (2179cc)

Rs. 18,60,000

Rs. 16,18,186

Rs. 5,664

Rs. 41,060

*The values are calculated on the basis of the city (Bangalore) and year of registration (2020).


  • Loss or damage caused to your car due to natural calamities.
  • Loss or damage caused to your car due to explosions, self-ignition or fire.
  • Total loss due to an act of terror.
  • Total loss of your car due to theft.
  • Personal accident cover to protect against death, injury and disability.
  • Own damage cover to protect against damage caused to your car due to an accident.
  • Third-party liability cover to protect third-party life and property damage.


  • Wear and tear caused due to ageing or lack of maintenance.
  • Mechanical or electrical breakdown or any consequential loss.
  • Damage caused while driving without a valid license.
  • Damage or loss while driving under the influence of substances.
  • Damage or loss while driving for any illegal purposes.
  • Damage caused outside the geographical limits.
  • Damage caused while the vehicle was used for hire, speed testing, etc.
  • Damage or loss due to perils and nuclear wars.

Add-ons Features

You can still include some of the above exclusions as part of your XUV500 car insurance at an additional cost.

  • Passenger Cover: will financially protect all the passengers that are travelling with you against disability or death caused due to an accident. 
  • Zero Depreciation Cover: that will help you claim for the repairs of parts made of fibre, glass, plastic, etc.
  • No Claim Bonus Protection: will protect your bonus that you will receive for every claim-free year even if you make a small amount of claim. This bonus starts from 20% on the first claim-free year and is as much as 50% on the fifth claim-free year.
  • Engine Cover: will protect your car's engine from the hydraulic lock in case of flooding in your area.

Renewal Process

You can renew your Mahindra XUV500 at ease by making use of the hassle-free process provided on PolicyX.com. You can begin by scrolling up on this page and finding the form on the right-hand top corner. The following steps make the entire process easy:

  1. You will have to enter the registration number of your car and click on 'Get Quotes'. Alternatively, you can also click on 'Proceed without your car number', enter the details and select the 'Renewal' radio button before you click 'Proceed'.
  2. You can either ride with your current car insurance plan or opt for another suitable option from the provided list of quotes.
  3. Once you have selected your plan, you can make an online payment on the selected insurance provider's portal.
  4. Within no time, you will have the car insurance policy document in your inbox.

Frequently Asked Questions (FAQs)

1. The No Claim Bonus that was declared while taking this cover was found to be incorrect. Will this affect the add-on?

Yes, your cover will cease in case the declared no claim bonus was found to be incorrect. So be sure to enter your details correctly at the time of purchase.

2. I purchased a new car insurance policy as the previous policy expired after 90 days. Can I still make use of the NCB Protection Cover?

No, your NCB Protection Cover will no longer be applicable.

3. Will the Zero Depreciation cover protect my car's battery?

No, your car's Zero Depreciation cover will not cover its battery repair or replacement.

4. Will the Zero Depreciation cover be applicable in case of transfer of ownership of the Insured Vehicle?

No, in case of transfer of ownership of the Insured Vehicle, the cover will expire and won't be applicable under the new owner.

5. Will the labour charges involved when repairing or replacing the child-parts of the engine under Engine Protection cover be paid by the insurance provider?

Yes, your insurance company will bear the charges of labour that was carried out while repairing or replacing the engine's child-parts.

Last updated on Aug 2022