23 Sep 2025 | 5 Mins Read
Insurers introduce tailored EV battery cover plans
Flipitmoney
Insurers in India are reworking motor insurance for electric vehicles (EVs) to address battery-related risks, which account for a large portion of EV costs. Plans include covering performance-linked battery failures, offering residual charging protection, and performance guarantees, with some companies already launching EV-focused products or studying global models for introduction in India.