Electric car insurance plans at just ₹238/month*
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Up to 90% discount
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11,000+ network garages
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AI-assisted claims via app
Electric Car Insurance
Electric car insurance is specialised protection made just for electric vehicles. What makes it different is that it covers unique parts like your expensive battery, charging equipment and electric motor. This becomes really important because electric cars need different care than regular petrol cars. Your battery alone can cost lakhs to replace, but regular EV insurance simply won't cover such expensive parts.
Think about everyday situations, like a small accident or your charging cable getting damaged. Sometimes your car might need specialised parts that are more expensive than regular car parts. Even minor repairs can cost more because electric cars need trained technicians and special equipment. Without proper EV insurance, these routine maintenance needs can become unexpectedly costly.
This is exactly why IndusInd General Insurance (formerly Reliance General Insurance) offers specialised coverage for electric car owners like you. Our policy covers your battery, charger and provides instant roadside assistance add-ons designed specifically for electric vehicles. Plus, with our IndusInd Insurance app, you can file claims instantly from anywhere, making the entire process smooth and easy.
Why Choose Us?
IndusInd General Insurance understands that electric cars need special protection different from regular petrol cars. We offer comprehensive coverage designed specifically for electric vehicles with unique features like battery protection, charging equipment coverage and specialised roadside assistance to keep you driving easily.
15+ Add-On Covers*
Extra protection that fits your car
Up to 3 Years Coverage*
Get multi-year plans without yearly renewal hassle
Video Claims Feature*
File claims quickly using app
24/7 Customer Assistance*
Get help anytime, day or night
Why Should I Buy EV Insurance?
Legal Requirement
The Motor Vehicle Act 1988 requires every car owner in India to have at least third-party insurance coverage. There is no exception to this rule when it comes to electric cars. Without proper EV insurance, you can face fines up to ₹2,000 and serious legal trouble. So, having proper insurance coverage is not just smart thinking - it is absolutely necessary to lawfully operate a vehicle.
Accident Protection
Just like regular cars, your electric car can face accidents or get stolen anytime. What makes it different is that electric cars cost much more to repair and replace than petrol cars. If you have the right EV insurance, these unplanned costs won't affect you at all, and you can get back on the road quickly without worrying about money.
Battery Coverage
Your electric car's battery is its most valuable and expensive part, often costing several lakhs to replace. Regular car insurance covers battery damage from accidents or natural disasters, but it won’t protect against power surges, battery ageing or overcharging.. That's exactly why specialised EV insurance becomes essential to protect this expensive component and other unique electric parts.
Safe Driving
Driving without insurance means constant worry about expensive repair costs and potential accidents every day. With EV insurance, you can enjoy your eco-friendly ride without any tension or fear. When you know that costly fixes are covered, you can focus on driving instead of thinking about how much they might cost and the financial burden.
Types of IndusInd Electric Car Insurance
1
Comprehensive Car Insurance
Your electric car is parked outside when a heavy tree branch suddenly falls and cracks your windshield. Now what happens to you? Comprehensive insurance becomes your complete safety net that covers both fixing your own vehicle and paying for any damage to other people's property. Most car owners pick this type because it handles everything from car accidents to stolen vehicles.
2
Pay As You Drive Insurance
You only drive your electric car on weekends for short trips around your city – So, why pay a flat rate for insurance when you can save on pay-per-use premium rates? Pay-as-you-drive insurance lets you choose your yearly driving distance anywhere from 2,500 to 10,500 kilometres* based on how much you actually drive. Plus, you also get an extra 125 kilometres as a safety buffer for any unexpected journeys you might take.
3
Third-Party Car Insurance
Imagine you accidentally bump into someone's car at a red light. When this happens, the law requires you to have third-party insurance that pays for damage you cause to others. This policy protects you from having to pay lots of money and keeps you out of legal issues. Since you drive an electric vehicle, we provide you with reliable third-party insurance that makes sure you always follow the law and stay protected.
4
Own Damage Car Insurance
Sometimes you only want insurance that protects your own car. Own damage EV insurance works perfectly when you have already bought third-party coverage. This plan covers fixing your car, replacing your battery and paying repair costs after accidents or natural disasters hit. We designed this standalone coverage specifically for electric car owners who want targeted protection for just their own vehicle.
Inclusions and Exclusions of Electric Car Insurance
Inclusions
Natural Disasters and Accidents: Your EV insurance protects you when earthquakes, floods, storms or accidents damage your vehicle completely.
Road Accident Protection: If you crash into another car or object, your insurance will pay for all repair costs.
Transportation Damage Coverage: Your policy covers damage that happens while moving your car by train, truck, ship or elevator systems.
Fire and Theft Protection: Insurance pays for repairs or replacement if your electric car gets stolen, burns, or explodes unexpectedly
Third-Party Liability Coverage: When you accidentally damage someone else's property or hurt them, your EV insurance handles all legal costs.
Battery and Technical Issues: Your policy covers power surges during charging, electrical breakdowns and mechanical failures in your electric vehicle.
Exclusions
Normal Wear and Tear: Insurance won't pay for regular ageing, rust, worn tyres or other damage from normal daily use.
Misuse of Vehicle: If you use your car for racing, commercial purposes or illegal activities, insurance won't cover damages.
Unlicensed or Drunk Driving: Accidents caused by drivers without valid licenses or under the influence of alcohol aren't covered at all
Unauthorised Modifications and Repairs: Damage from using non-genuine parts, unauthorised service centres or installing unapproved electrical equipment isn't covered.
Manufacturing Defects and Maintenance: Known factory defects, regular servicing costs, warranty repairs and normal maintenance expenses aren't included in coverage.
Disclaimer: For the complete list of Inclusions and Exclusions, please refer to the policy wording here
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Add-ons for Electric Car Insurance
Electric cars are expensive and need special protection beyond regular insurance. These add-ons cover your battery, motor, charger and more, giving your EV complete protection from unexpected costs at all times.
EV Battery Protection
Your electric car's battery is the most expensive part, costing several lakhs to replace completely. During the monsoons, water can damage the battery, and power spikes during charging can damage the insides. This add-on covers complete battery repair or replacement costs, protecting your biggest investment from unexpected expenses that could otherwise drain your savings entirely.
Electric Motor Protect
The electric motor makes your car run silently and needs specialised parts when it breaks down. Water exposure or overheating can damage these complex electronic components, making repairs extremely expensive. Finding replacement parts becomes difficult because they're specialised components. This add-on covers all motor repair costs, keeping your car running without forcing you to pay lakhs from your pocket.
EV Charger Cover
On average, home charging stations cost upwards of ₹50,000 to install and are essential for daily charging needs. Lightning strikes can destroy the equipment, while thieves target expensive charging cables because they're valuable. This add-on pays for repairing or replacing damaged charging equipment, ensuring you maintain convenient home charging without worrying about expensive replacement costs that regular insurance never covers.
Nil Depreciation
Get full payment for damaged parts with zero deduction for age or wear. No depreciation means no financial loss on your claim amount during any accident repair.
Pay As You Drive
Drive less, pay less. Choose coverage between 2,500 to 10,500 km and only pay for what you actually drive, saving money on unused coverage every year.
Return to Invoice
If your EV is stolen or totalled, get back every rupee paid, including showroom price, taxes, and registration fees. You lose nothing from your original purchase amount.
Engine Protection
Floods and heavy rain can damage your car's electrical systems badly. This cover pays all repair costs for water-damaged electrical components, giving your EV full protection always.
Car Tyre Protection
Rough roads can cut or puncture your specialised EV tyres easily. This cover pays for new tyre replacements, saving you from the high costs that regular insurance skips.
Key & Lock Replacement
Lost smart keys cost thousands to replace and reprogram. This cover pays for new key making and reprogramming, protecting you from high replacement costs unique to electric cars.
Consumable Expenses
Special fluids and small electronic parts add hidden costs to every repair. This cover pays for all consumables mechanics use, removing unexpected expenses from your EV repair bills.
RIM Protection
Potholes can badly damage your expensive alloy wheels. This cover pays to fix or replace damaged rims that standard EV insurance ignores, protecting your car's looks and performance.
Roadside Assistance
Stuck on the road? Get 24-hour emergency help, including specialised towing and on-spot repairs, anywhere. Electric cars need trained technicians, and this cover ensures expert help reaches you fast.
Personal Belongings
Laptops, and phones left inside your parked EV can get stolen easily. This cover reimburses stolen personal items worth over ₹5,000, keeping your valuables financially protected always.
Daily Allowance Benefit
Car in the garage for over three days? Get a daily cash payout to cover travel costs while your EV is being repaired, reducing extra expenses during that time.
EMI Protection Cover
Long repairs don't pause your loan EMIs. This cover pays your monthly EMIs when repairs exceed 21, 42, or 63 days, preventing financial stress during extended garage stays.
No Claim Bonus Retention
Don't lose your discount after making a claim. This cover lets you keep your no-claim bonus for up to 2 claims per year, protecting your hard-earned savings always.
Electrical Accessories Cover
Music systems and GPS devices added after purchase can get damaged or stolen. This cover protects extra electrical accessories your standard policy misses, ideal for a well-equipped EV.
Non-Electrical Accessories Cover
Custom seat covers and decorative upgrades can get damaged or stolen easily. This cover protects all non-electrical accessories added after purchase, covering every personalised item in your car.
Geo Extension Cover
Planning a cross-border trip? This cover extends your insurance across 6 countries, including Nepal, Bhutan, Bangladesh, Pakistan, Sri Lanka, and the Maldives, making international EV travel fully covered.
How to Buy/Renew IndusInd Electric Car Insurance
At IndusInd General Insurance (formerly Reliance General Insurance), you can easily buy and renew your EV car insurance plan either through our website or via the IndusInd Insurance app. All you need to do is enter your name, mobile number, and car registration number to get started. Then, once you've decided on a car insurance policy, complete the KYC process, pay online and get your policy instantly via email.
Renewals are even quicker – Just enter your policy number, click renew and pay! You can also do this on our app by tapping on 'InstaRenew".
Third-Party Electric Car Insurance Premium Rates
The government sets third-party EV insurance premiums depending on motor capacity. These standard rates apply to all insurance companies across India, ensuring you pay fair and transparent prices for mandatory legal coverage that protects others on the road.
Battery Capacity | 1-Year Premium | 3-Year Premium |
|---|---|---|
Up to 30 kW | ₹1,780 | ₹5,543 |
30 kW to 65 kW | ₹2,904 | ₹9,044 |
Above 65 kW | ₹6,712 | ₹20,907 |
Disclaimer: Third-party car insurance premiums are decided and set by the Insurance Regulatory and Development Authority of India (IRDAI) every year and are subject to change. Always check the IRDAI's official Gazette publications to get up-to-date information on the current year's premium rates.
How to Claim Electric Car Insurance
Cashless Claims
Report Immediately: Call us within 24 hours and register your EV insurance claim through the IndusInd Insurance app.
Garage Inspection: Take your electric car to our network garage where our surveyor will check all damage.
Digital Survey: Use the mobile app for live video inspection or upload clear photos of your car damage.
Document Review: Submit all required claim papers and wait 7 days for our team to approve your request.
Direct Payment: We pay the garage directly after repairs, while you only pay deductible amounts.
Reimbursement Claims
Quick Notification: Inform us about your electric car damage, theft or total loss within 24 hours.
Choose Garage: Visit any garage you prefer for electric car repairs and keep all bills and receipts safely.
Online Registration: Register your claim on our website and upload the completed claim form with documents.
Submit Papers: Upload your car registration, insurance policy, driving license, police report and all repair bills.
Bank Transfer: After claim approval, we transfer the full claim amount directly into your personal bank account.
Disclaimer: For precise claim-related information, please refer to our policy documents or get in touch with our customer helpline.
Key Takeaways
Electric car ownership in India is growing rapidly. India recorded 99,004 electric car sales in 2024, and total electric vehicle sales crossed 2 million units with 24% growth. This growth shows that more people are choosing eco-friendly cars every day, making proper insurance more important than ever.
As electric cars become popular, protecting your expensive investment becomes very important. For example, an EV car's battery costs about as much as your car, so if it does get damaged, you’ll be looking at a steep bill – around ₹3 lakh -₹7 lakh. Regular insurance simply won't cover such expensive parts. That's exactly why you need special protection designed just for electric vehicles.
At IndusInd General Insurance (formerly Reliance General Insurance), we understand your electric car needs better than anyone else. We offer complete protection for your battery, charging equipment and electric motor with add-ons at just ₹238 per month.
When problems happen, we make everything easy for you through our simple process. Use our IndusInd Insurance app to file claims instantly from anywhere, and our 11,000+ network garages across India ensure you get help wherever you travel. We offer cashless repairs, so you never worry about paying huge bills upfront.
Whether you drive daily or just on weekends, our Pay-As-You-Drive option saves money based on your actual usage. From battery protection to roadside assistance, we cover everything that makes electric car ownership safe and easy for you.
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