To meet the growing demand, car manufacturers are developing different types of electric vehicles to meet the different needs of private buyers. With the wider adoption of electric vehicles, new-age insurance companies are offering car insurance for electric cars.
Here are the benefits of looking at your electric car with a full insurance policy.
1. Protect Against Third-Party Liabilities 2. Avoid Law-Mandated Penalties 3. Avoid Expensive Repair Bills 4. Get Personal Accident Cover
1. Protect Against Third-Party Liabilities In the event of an unfortunate situation where you have caused injury to a third party or damage to third-party property, your insurance policy will cover these liabilities. 2. Avoid Law-Mandated Penalties As the comprehensive plan includes legal liability coverage, you will be protected against auto insurance non-compliance penalties.
There are especially 2 types of insurance policies currently available in the market of India. 1. Third-Party Car Insurance Policy 2. Comprehensive Car Insurance Policy
1. Injury to third parties or damage to their property. 2. Damage to your car in an accident. 3. Damage to the car in the event of fire or explosion. 4. Accidental death or injury of owner-driver. 5. Natural disasters such as earthquakes, floods, storms, etc. 6. Manmade disasters such as riots, vandalism, etc. 7. Losses due to the theft of the vehicle.