Gear Up for Smooth Rides Wherever You Go!
-
Up to 80% Discount*
-
11,000+ Network Garages*
-
AI-Assisted Claims via Self-i*
What Is Electric Scooter Insurance?
Electric scooters are becoming increasingly popular. People are choosing e-scooters for their fuel economy, smooth performance and lower environmental impact.
Similar to any other two-wheeler, your electric scooter also needs insurance for legal and financial protection. The main reason behind this is the higher repair/replacement costs of electric vehicles.
Our electric moped insurance is designed to protect you and your vehicle against many unforeseen expenses. From third-party damages to own-damages and theft, Reliance Electric Scooter Insurance covers your risks. We provide you with a safe and worry-free riding experience. Electric scooter insurance safeguards you against financial losses from damages caused/sustained by the insured electric scooter. It covers theft, third-party liabilities, fires and man-made and natural disasters.
This type of insurance plan is designed with the exclusive coverage needs of electric two-wheelers in mind.
Electric Scooty Insurance Plans By IndusInd General
IndusInd Third-Party EV Scooter Insurance Policy
It is a standard third-party insurance for electric scooters. It covers expenses resulting from third-party damages, losses, injuries and even deaths.
Benefits:
Coverage for third-party injuries, disablement and death.
Coverage for legal expenses.
IndusInd Comprehensive EV Scooter Insurance Policy
Our comprehensive insurance offers complete financial protection to the insured electric scooter. It covers own-damages and third-party liabilities. It also covers personal accidentsāinjuries, disabilities and death of the rider.
Benefits:
Coverage for third-party liabilities.
Coverage for own damage to insured scooter.
Personal accident cover.
No need to worry about annual renewals.
IndusInd Own Damage EV Scooter Insurance Policy
This plan covers the damages to the electric scooter caused by natural disasters, theft, fire, and other incidents.
Benefits:
Dedicated coverage for own damage.
Higher scope of customisation.
Discounts on multi-year policies.
āKey IndusInd Electric Scooter Insurance Features
Features | Details |
|---|---|
Affordable Premiums | Our electric moped insurance plans start from just ā¹19/month. |
Network Garages | We have an extensive network of more than 11,000+ network facilities all over India. |
24/7 Customer Support | We offer reliable and highly responsive 24*7 customer support to keep you stress-free. |
āDiscounts | Enjoy up to 80% discounts on buying your EV scooter insurance policy online. |
Personal Accident Cover | Offers up to ā¹15 lakh coverage for personal accidents of owner-riders. |
Add-Ons | 10+ useful add-ons to enhance coverage of your insurance plan. |
No Claim Bonus | Get up to 50% no-claims bonus discounts for your claim-free years. |
Reliance Self-i App | Buy/renew/claim your two-wheeler insurance anytime, anywhere, using the Reliance Self-i mobile application. |
IndusInd E-Scooty Insurance - Inclusion & Exclusion
What is Covered?
Damages, death, accidental injuries of third parties.
Damages due to natural calamities like typhoons, cyclones, floods, earthquakes, etc.
Damages due to vandalism, riots, strikes, etc.
Theft
Road accidents/collisions
Additional coverage through available add-ons
What is Not Covered?
Normal wear and tear due to overuse.
Electrical failure.
Damages due to negligence.
Damages due to driving in an intoxicated state.
Damages due to war, nuclear risks.
Damages arising from violation of traffic regulations.
Claims made outside the policy period
Damages for driving outside the covered geographical region.
Disclaimer: Please check the official policy documents for detailed information about inclusions and exclusions under your plan.
Unsure Which Motor Policy Fits You?
Talk to Our Insurance Experts
Types of Electric Scooter Insurance Policies
Third-Party Electric Scooter Insurance
Features & Benefits:
It is mandatory for every owner of a motor vehicle.
Not having this policy can lead to heavy fines and penalties.
It only covers the third-party damages/losses resulting from an insured electric vehicle.
Ideal For:
Mandatory for everyone.
Existing Own-Damage electric scooter insurance policyholders.
Own-damage Electric Scooter Insurance
Features & Benefits:
It offers financial protection for damages and losses incurred to the insured electric vehicle.
It does not cover third-party liabilities.
It can be customised with the help of available add-ons
Ideal For:
Experienced riders.
Existing e-scooter insurance policyholders.
Owners of high-end electric scooters looking for dedicated coverage.
Comprehensive Electric Scooter Insurance
Features & Benefits:
It covers comprehensive financial protection against own damage and third-party liabilities.
It offers a great scope of customisation.
It comes with personal accident cover for the owner-rider of the insured electric vehicle.
Ideal For:
New electric scooter owners.
E-scooter owners living in high-risk areas.
Those looking for complete financial protection under a single policy.
āHow To Buy/Renew Electric Scooter Insurance Online?
Buy Online
Step 1: Navigate to our homepage -> Explore Products -> Two-wheeler Insurance.
Step 2: Enter the registration number of your electric scooter along with your phone and email information.
Step 3: Click on āView Pricesā.
Step 4: Choose a policy from the given options and customise it as per your requirements.
Step 5: Fill a few other details and pay the premium cost.
Renew Online
Step 1: Navigate to our homepage -> Renewal -> Renew Two-wheeler Insurance.
Step 2: Enter your existing electric moped insurance policy number. Alternatively, you can also use your mobile number and email ID.
Step 3: Click on āGoā.
Step 4: Verify the plan details and make necessary adjustments with the help of add-ons.
Step 5: Pay the renewal cost. Donāt forget to apply any no-claims discounts you may have accumulated during the last tenure.
Benefits of Buying/Renewing E-Scooty Insurance Online
Instant Issuance
Instant policy issuance is the primary benefit of buying/renewing e-scooter insurance online. No need to go through a time-consuming verification and vehicle inspection process.
Paperless Purchase
Buying/renewing e-scooter insurance online does not involve any paperwork. We offer a paperless digital process for your ease and added convenience.
Attractive Discounts
Up to 80%* discounts are available on buying/renewing insurance for electric scooters through our website or mobile application. If you want to lower your premiums, buy online.
Saves Time
Purchasing electric scooter insurance online saves a lot of time. You can buy/renew any policy in minutes without having to go through a tedious purchase process.
Easy Policy Management
Managing insurance policies online is very hassle-free. You can save your electric scooter insurance plan in a digital format and use it anywhere. You can also stay updated about any changes and modifications through timely updates.
How To Calculate Electric Scooty Insurance Premium?
Step
Visit our bike insurance premium calculator.
Step
Enter your electric scooterās registration number, followed by your email and mobile number.
Step
Click on āCheck Our Pricesā after ticking the terms and conditions box.
Third-party Insurance Price for Electric Scooters
The IRDAI decides the electric scooter's third-party insurance price based on the kilowatt capacity of the vehicle. Here is a table showing third-party insurance prices for single and multi-year policies.
Kilowatt Capacity | 1-Year Policy Premium | 5-Year Policy Premiums |
|---|---|---|
Below 3 kW | ā¹457 | ā¹2,466 |
Above 3 kW but below 7 kW | ā¹607 | ā¹3,273 |
Above 7 kW but below 16 kW | ā¹1,161 | ā¹6,260 |
Above 16 kW | ā¹2,383 | ā¹12,849 |
Factors Affecting Electric Scooter Insurance Premiums
Make and Model
It is the biggest factor influencing electric scooter insurance premiums. High-end and premium electric scooters with advanced features attract higher premiums due to their higher market value and repair cost. Conversely, insurance for economic models comes at a lower price.
Year of Manufacturing
Age or year of manufacturing of your e-bike is also taken into account when calculating the premium cost. Generally, latest models attract higher premiums due to their increased market value. On the other hand, premiums are lower for older models due to their depreciation.
Installation of Safety Devices
The installation of safety devices, such as anti-theft devices and motion sensors, reduces your risk of financial loss. As a result, you can reduce your EV insurance premiums.
Add-on Cover
The number of add-ons in your electric moped insurance plan can increase your premiums. However, they are exceptional at increasing coverage of your policy.
Annual Vs Multi-Year Policy
Electric scooty insurance price for 1 year is usually lower than that of multi-year and long-term policies. However, you can avail yourself of heavy discounts when buying multi-year policies.
Type of Policy
The selection of a two-wheeler insurance policy can also impact your premium cost. For example, electric scooty insurance third-party price is decided by the IRDAI based on the battery capacity. It is usually lower than comprehensive EV scooter plans.
How to Claim Electric Scooty Insurance at IndusInd General
Process to Claim
Step 1: First and foremost, register your insurance claim for scooty within 24 hours of facing covered damage. You can do this by calling our claims department at +91-22-4890-3008. You can also register your claim using our Reliance Self-i mobile app.
Step 2: The next important step is to submit all the required documents along with a complete claims form either online or by visiting our branch.
Step 3: After your documents are received, our surveyor will inspect your vehicle before approving.
Step 4: Once your claim has been approved, you can proceed with a cashless or reimbursement process, depending on your preferences.
For Cashless Settlement
You can get your EV scooter repaired cashless at our network garages. You only pay the deductibles, and we settle your expenses directly at the network garage.
For Cash Reimbursement
You can get your electric scooter repaired anywhere and get your expenses reimbursed by submitting the original invoices.
Documents Required for Filing Electric Scooter Insurance Claim
A duly filled and attested claims form.
A copy of your registration certificate.
A copy of e-scooter insurance policy documents.
Driving Licence
A copy of FIR (in case of liabilities/theft)
Other claim-specific documents.
Electric Scooter Insurance vs Traditional Scooter Insurance
| Features | Electric Scooter Insurance | Traditional Scooter Insurance |
|---|---|---|
Premiums | Can be slightly higher due to the higher repair/replacement cost of electric vehicles in the country. | Premiums can vary based on the type, age, model, etc., of the vehicle. Moreover, premiums for classic scooter insurance are also higher. |
Repair Cost | Repair costs of electric scooters can be higher, especially for their electric components. This can also be due to limited availability of electric vehicle repair facilities. | Repair costs of traditional scooters are lower than electric scooters because of easy availability of repair parts and repair facilities. |
Claim Process | Same as traditional scooter insurance. | Claims can be settled cashlessly or reimbursed in cash. |
Legal Requirement | Yes | Yes |
Reliance General Insurance
Aapke Protection ka All-rounder
Scooter insurance starting at just ā¹19 per month*
Secure Your Scooter Instantly!
Quick online services and round-the-clock support guarantee peace of mind wherever you ride!*
Popular Places
While it is great that your employer provides health insurance, it may not be sufficient. Employee health insurance may have limitations such as lower sum insured or coverage that may not be adequate for your needs. Also, an employer health insurance covers you only during your job tenure.
Tax Benefits for the proposer
Tax Benefits for the proposer
Tax Benefits for the proposer
Tax Benefits for the proposer
Disclaimers:
Common: *T&C Apply. For more details on risk factors, terms conditions, brochure, and exclusions, please read the policy wording and CIS carefully before concluding a sale.
Customer Count: The total no. of customers insured data is for FY24 and has been picked up from the number of lives insured for Health, Personal Accident, Overseas Travel, Domestic Travel, Workmen Compensation and Crop Insurance, Weather LOB & Fire LOB provided by IRDAI count that is master policy count. Other than these LOBs, we have also provided data for the number of certificates issued.
Premium: The premium mentioned is excluding taxes for the private two-wheeler model TVS Jupiter with cubic capacity of less than 110 cc for a 1 year Own Damage Insurance policy for an IDV of 34,766. Premium used is 233/year as on 1 March 2023 and then converted into a per month basis, which gives us Rs.19/month (233/12).
Discount: The discount varies basis vehicle specifications, No Claim Bonus discount and Geographical location of the vehicle to be insured. Discounts have been calculated on the basis of the rates prescribed under erstwhile Indian Motor Tariff. Discounts are applicable only to the Own Damage section and discounts may vary as per the vehicle make, model, RTO, and age of the vehicle.
Two-wheeler UIN: Details mentioned are for the product- IndusInd Two Wheeler Package Policy, UIN-IRDAN103RP0011V02100001.
Third-Party UIN: Details mentioned here are for the product- "A" Policy for Act Liability Insurance (Two Wheeler). UIN- IRDAN103RP0003V01200102.
Own Damage: Details mentioned here are for the product- IndusInd Two Wheeler Policy- Stand-alone Own Damage (UIN- IRDAN103RP0002V01201920)
Download our Self-i App now!
Support test
Edit Policy Details
Download Policy
Check Policy Status
My Service Requests
My Bookmarks
Buy
+91 123456789
Help
+91 123456789
Agent
+91 123456789
support@reliancegeneral.co.in
WhatsApp Us
Customers can contact us between 10:00AM to 06:00 PM
Become an Agent
Wish to become an agent with Reliance?