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15% Official IRDAI EV Discount Included

Electric Car Insurance Premium Calculator

Check statutory Third-Party (TP) insurance rates for electric four-wheelers and EV cars based on electric motor output (kW) with 18% GST.

IRDAI EV Car Premium Estimate

DL 01 EV 1234
Selected Electric Car: Tata Nexon.ev
Basic Third-Party (15% EV Discounted): ₹ 2,904
GST (18% Applicable): ₹ 523
Total Payable Amount: ₹ 3,427
Disclaimer: Statutory figures reflect official 15% discount on Third-Party premium for electric cars under IRDAI guidelines. Final premium may reflect adjustments based on accidental battery pack/charging unit add-on covers or insurer policies.

Frequently Asked Questions

1. What are the motor power slabs for electric car third-party insurance?
Under IRDAI motor guidelines, electric cars are categorized into three electric motor power output slabs: Upto 30 kW (₹1,780), 30 kW to 65 kW (₹2,904), and Above 65 kW (₹6,712), with all rates reflecting the 15% green incentive discount plus 18% statutory GST.
2. Does third-party EV car insurance cover high-voltage battery replacement or charging cables?
No. Third-party insurance only protects against legal liabilities and accidental damage to third-party persons or vehicles. For accidental battery pack damage, fire, flood water ingress, or EV wall charger damages, a Comprehensive Policy with specialized EV battery and charger add-ons is mandatory.