How to Choose the Right E-Car Insurance?

Have an electric car but are unsure which insurance plan is right for it?

You are in the right place. This guide will help you choose the most suitable e-car insurance easily.

Just like the petrol insurance car, e-car insurance is equally important legally and financially. To choose the best electric car insurance, you must be aware of the importance, process, and things to consider before buying it.

To make things simpler for you, let’s get started.

What Is Electric Car Insurance?

Electric car insurance is a type of car insurance made specially for electric vehicles. It protects your e-car from risks like accidents, theft, fire, and natural disasters. It also covers important electrical parts such as the battery, motor, and charging equipment, which are usually expensive to repair.

Electric car insurance covers the battery and electric parts of the car. Regular fuel cars do not have these parts. Electric cars use a different technology that makes them expensive to repair. That is why electric car insurance gives special and better protection.

Why You Should Buy Electric Car Insurance?

Here are some of the key benefits of e-car insurance:

Repairs can be expensive: Electric cars have costly parts like batteries and motors. E-car insurance covers most of these expenses.
For everyday protection: It keeps your e-car covered against accidents, fire, theft, and natural calamities.
Legally Important: A valid insurance policy is mandatory and helps you to avoid fines.
For financial safety: E-car insurance saves you from sudden out-of-pocket costs after damage or loss.
For peace of mind: You can enjoy your drive as your electric car is well protected with the right insurance plan.

Required Documents for E-Car Insurance Purchase

Here are the required documents that you need to buy an e-car insurance:

Car Registration Certificate (RC)
Identity proof such as Aadhaar card, PAN card, passport, or any valid government-issued ID
Address proof like Aadhaar, driving licence, passport, voter ID, or recent utility bills
Valid driving licence
Car invoice, required in case of a new electric vehicle

How to Buy Car Insurance Online for Electric Cars

Here are the steps to buy car insurance online for e-cars:

Step 1: Visit the car insurance section of your insurer’s website.

Step 2: Enter your registered car number. If you have a new car, click on “Got a New Car”.

Step 3: Select your car’s make, model, variant, fuel type, and registration date.

Step 4: Enter the required personal and vehicle details and proceed to the next step.

Step 5: Review the electric car insurance plans shown and choose one that suits your needs and budget.

Step 6: If you are buying a comprehensive policy, select add-ons to enhance your coverage.

Step 7: Complete the payment using UPI, debit/credit card, or net banking.

Step 8: Check your email inbox for the policy document sent by the insurer.

Factors to Consider Before Buying Electric Car Insurance

Here are the factors to consider before buying car insurance:

Battery coverage: The battery is the most expensive part of an electric car. Always check if these parts are covered under the policy.
Type of coverage: Choose between third-party or comprehensive insurance based on the type of coverage you need.
Add-on covers: Look for add-ons like zero depreciation, roadside assistance, and battery protection for extra safety.
Premium amount: Compare premiums from different insurers to find a plan that fits your budget.
Claim process: Select an insurer with an easy and fast claim settlement process.
Network garages: Always check for the number of wide network of authorised garages for electric cars.
Policy terms: Read the policy details carefully to understand coverage limits and exclusions.

Conclusion

Electric car insurance is important to protect your vehicle from damage and costly repairs. It covers risks like accidents, theft, fire, and natural disasters. A good policy also helps cover expensive parts such as the battery and motor. Before buying, you should check the coverage, add-ons, premium amount, and claim process.

Choosing the right insurance plan helps you save money in the long run and keeps you stress-free. With proper insurance, you can enjoy driving your electric car safely and confidently every day.

FAQs

What is electric car insurance?
Electric car insurance is a type of car insurance made for electric vehicles. It covers damage, theft, and accidents, including costly parts like the battery.

Is e-car insurance different from regular car insurance?
Yes, e-car insurance covers electric parts and the battery, which are not covered in regular fuel car insurance.

Can I buy electric car insurance online?
Yes, you can easily buy car insurance online by entering your car details, comparing plans, and making a payment digitally.

Is electric car insurance compulsory in India?
Yes, like all cars, electric cars must have at least third-party car insurance to drive legally.

Does electric car insurance cover the battery?
Most electric car insurance plans cover the battery. You can also choose add-ons for better battery protection.

Is e-car insurance expensive?
The premium may be slightly higher due to battery cost, but you can reduce it by comparing plans and buying e-car insurance online.