Two wheeler Insurance Online For Electric Bikes In India

What is an Electric Two-Wheeler?

They are two-wheelers that run on electricity rather than traditional fossil fuels such as diesel and petrol. Electric two-wheelers can be charged like any other electronic gadget. These types of bikes and scooter require charging stations rather than a petrol pump. They are a newer innovation and considered to be a far more eco-friendly alternative, however. In India, such bikes are still small in number. However, with an electric two-wheeler the inner workings of the machine are entirely different hence, so are its insurance policies.

Check: Use the Two-Wheeler Insurance Premium Calculator to calculate the bike insurance premium with add-ons.

Is it Essential for Electric Two-Wheelers to Have Insurance?

Since the electronic two-wheeler is a relatively new arrival in India the regulations around them have yet to be firmly established. For now, it isn’t necessary to insure or register an electric two-wheeler that is below the 250 watts mark and has a maximum speed of 25 kmph. However, it has been reported by many that the authorities will soon bring electronic two-wheelers under the same purview as other two-wheelers. This will make registration and third-party bike insurance compulsory for electronic bikes and scooters as well.

Also Read: Two Wheeler Insurance Renewal

How To Get Insurance for Your Electric Two-Wheeler?

In other cases purchasing insurance for your two-wheeler is a simple process that can be finished in minutes online. But since the electric two-wheeler is newer, the process of getting insurance for it is also different. In traditional bikes, the insurance is calculated according to the bike’s engine capacity, where it was registered etc. In an electronic two-wheeler’s those parameters are different and often they need not be registered or insured. Hence, the best way to find out about your particular electric two-wheeler model is to contact an insurance provider with the details of the two-wheeler insurance and let them get back to you. The insurance policy will differ greatly according to each model and location.

What are the Benefits of Purchasing Insurance for Your Electric Two-Wheeler?

The following are the benefits of purchasing two-wheeler insurance:

• In case of a mishap, it will provide compensation for damages according to the policy you have chosen.
• A third party cover is compulsory for other two-wheelers and may soon be for electric two-wheelers as well. In case of a mishap, it will cover the financial liabilities of the third party.
• A standalone own-damage cover or a comprehensive type cover will also let you avail a No Claim Bonus. This is a reward that is given to the policyholder for a claim-free year under the own-damage cover only.
• Lastly, having insurance can bring you immense peace of mind. No matter how safe you try to be or how many precautions may take, mishaps may happen. With two-wheeler insurance, you can feel confident to face life and its uncertainties.

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Conclusion

In a nutshell, electric two-wheelers are a relatively new addition to the Indian market. Hence the regulations regarding it are yet to be entirely framed. For now, electric bikes and scooters under the 25 watts and maximum speed of 35 km h limit do not need registration or insurance. However, it is always advised to avail of insurance if possible. To get insurance for your electric two-wheeler it is best to contact an insurance provider with its details and they can let you know what kind of insurance is available for your specific model.

Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.