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.