Electric Car Insurance

Own Damages for Third-Party Policy holder

In the case of a Third-Party or Liability Only Car Policy, damages to own vehicle won’t be covered. 

Drunk Driving or without a Licence

You can’t make a claim if the driver was driving drunk or without a valid driving licence at the time of mishap.

Driving without a valid Driving Licence holder

In case of an accident if the driver is found with a learner’s licence or without a valid driving without a valid driving licence, no claim is registered.

Consequential Damages

Any damage which is not a direct result of the accident (e.g. after an accident, if the damaged electric car is driven incorrectly and the engine gets damaged) will not be covered.

Contributory Negligence

Any contributory negligence (e.g., damage due to driving the electric car in a flood, which is not recommended as per the manufacturer’s driving manual) will not be covered.

Add-ons not Bought

If you haven’t bought an add-on, the corresponding benefits will not be covered, and hence no claim will be provided against them.

EV Shield Cover

EV Shield add-on cover compensates you in case of loss or consequential damage to your EV or Hybrid Vehicles (petrol/diesel + electric), including loss or damage to the electrical panel for the vehicle charging point, vehicle charger including charging cable, and roadside assistance services related to EV’s battery issues.

Zero Depreciation Cover

The zero depreciation cover removes the depreciation amount charged on your car and its parts and gives you the full value of repairs, costs and replacements during a claim.

Tyre Protect Cover

This tyre protect add-on gives you the benefit of safeguarding and covering for tyre damage such as tyre bursts, bulges or cuts during all other situations possible.

Breakdown Assistance

We all need a little help sometimes! Our Breakdown Assistance Add-On gives you the benefit of getting help whenever required, i.e. assistance during car breakdowns at any time you'd like – and it doesn't even count as a claim!

Consumable Cover

A consumable cover covers the cost for all your electric car's nitty-gritties, such as screws, nuts and bolts, grease, etc., in case of an accident.

Pay As You Drive Cover

Pay as you drive cover allows the policyholder to pay only as per the kilometers covered by the insured EV, which is up to 10,000 km. The option to top up kilometers is also offered under the base policy by paying additional premium.

Daily Conveyance Benefit

The Daily Conveyance Benefit add-on compensates the policyholder for daily transport in the form of a fixed daily allowance or a standby vehicle for the time when the insured electric vehicle is in the garage for repair.

Key and Lock Protect

The cost of repairing or replacement of the lockset in the car in case of theft, loss or damage is covered by the insurer as part of the Key and Lock Protect add-on cover.

Loss to Personal belongings

If the policyholder or any immediate family member suffers from any loss of personal belongings specified as per the policy when kept in the insured EV, it shall be compensated by the insurer under this add-on.

Return to Invoice Cover

With return to invoice add-on you get back the complete amount of your car's invoice value in case of theft or damage beyond repair, including the cost of registering a new vehicle and its road tax respectively.