What Regular Car Insurance Misses

Many people think their regular car insurance covers everything, but for EVs, that’s not true. Normal insurance covers and fire, but not:

• Battery aging
• Overcharging damage
• Water damage
• Manufacturing problems after the warranty ends

EV batteries can be easily damaged by temperature changes and charging mistakes.

What to Look For in Battery Insurance

Before purchasing battery insurance, find out what is covered. Quality policies should have:

• Accidental damage
• Theft of battery components
• Loss of battery performance
• Damage from charging issues
• Towing and roadside assistance

Make sure the policy covers replacement, not just repairs.

Understanding Battery Value Over Time

Batteries depreciate every year. Insurers usually pay out at the current value rather than the initial price. See what the insurer does in such cases and pay extra for “zero-depreciation” cover.

Is It Worth the Cost?

Battery insurance costs money, but it can save you from big expenses later. Replacing an EV battery costs between Rs. 3 lakh and Rs. 7 lakh, depending on your car. Think about:

• Your insurance cost
• How likely are you to need to make a claim
• Your car’s age
• How much do you drive

For new EVs or cars driven a lot, battery insurance usually makes sense.

As more people buy EVs, understanding battery insurance becomes more important. Since the battery affects performance and is expensive to replace, good insurance is a smart idea. Look carefully at what’s covered, understand how value decreases over time, and pick a plan that fits how you use your car.