How to File an Electric Car Insurance Claim?

Posted:

22 November,2023

Updated:

15 February,2024

claiming insurance for an electric vehicle

Table of Contents

    Recently, the popularity of electric vehicles has peaked due to their affordability and environmental friendliness. As you may be aware, purchasing an electric vehicle brings numerous advantages, and you should also consider obtaining insurance for it.

     

    Similar to any standard vehicle, electric cars are susceptible to accidents and damages. Ensuring you have the appropriate insurance coverage can grant electric car owners the assurance of financial stability and peace of mind.

     

    When initiating the process of filing an electric car insurance claim in India, there are crucial aspects to consider. Let's delve into the steps to file an electric car insurance claim:

     

    What Is Electric Car Insurance?

    Electric car insurance is a specialised insurance policy that provides protection against the unique risks associated with owning an electric car. This type of insurance is specifically tailored to meet the distinct needs of electric car owners, taking into consideration the advanced technology and components present in electric vehicles. It encompasses coverage for potential damages, accidents, and liabilities that are specific to electric cars. According to the Motor Vehicle Act, having third-party insurance for your electric car is a legal requirement.

     

    Types Of Electric Car Insurance

    Similar to regular car insurance, two types of electric car insurance are available in India. Let's explore these types:

     

    Third-party Insurance Plan

    The third-party insurance policy covers any liabilities that might arise from an accident involving the insured vehicle, providing protection for third parties. As mentioned earlier, electric cars are mandated to have a third-party insurance policy under the Motor Vehicles Act 1988. However, it's important to note that this coverage does not extend to accidental damage to your electric vehicle.

     

    Comprehensive Insurance Plan

    A comprehensive electric vehicle policy covers both third-party liabilities and the losses incurred by your own car due to accidents or theft. It is considered as one of the perfect insurance plans for your electric car. This policy provides coverage in all situations for you and your electric vehicle, including losses caused by both man-made and natural calamities.

     

    Tips For Filing an Insurance Claim for Your Electric Car

    Filing an insurance claim in the event of an accident or damage to your electric car is a straightforward process. Are you seeking a hassle-free electric car insurance claim procedure? If that's the case, then read the following points to understand how to file your electric car insurance claim:

     

    Inform Your Insurer

    The first and most vital step to claim electric vehicle insurance is informing the insurance company. It is crucial to reach out to your insurer as soon as possible and delaying this notification might lead to a claim rejection. Informing your insurance company also brings additional benefits, such as they will arrange for services like towing, pick-up, and roadside assistance for your electric car.

     

    File An FIR

    One of the next steps you should take after an accident is to contact the police and file a First Information Report (FIR). During the claims settlement process, all insurance companies require a copy of the FIR.

     

    It is important to note that not every accident resulting in minor dings or scratches on a vehicle necessitates filing an FIR. However, if the accident leads to the unfortunate death of a third party or any other significant physical injury, then filing an FIR becomes mandatory.

     

    Furthermore, an FIR copy is essential if your electric car is stolen. When submitting a claim for electric car insurance, you should prepare two copies of the FIR – one for the insurance provider and another for your records.

     

    Document The Damage

    Another step to take after filing an FIR is to document the damage. Whenever possible, consider taking photos and gathering the required evidence to substantiate your electric car insurance claim.

     

    In addition to the necessary documentation, you can also include these pictures as supporting proof. Providing a detailed description of the accident's location and circumstances will facilitate the claim process.

     

    You might also want to note down the names and contact details of any witnesses present during the incident. Doing so will expedite the claim process, leading to smoother and more beneficial outcomes for you.

     

    Submit The Documents

    To initiate the electric car insurance claim procedure, it's crucial to submit all the necessary documents to your insurance company. It's recommended to verify the required paperwork and the associated timeframe for settlement in advance with your insurer.

     

    This information can often be found on their websites. Generally, insurance companies request the following documentation before commencing the settlement process:

     
    • Claim form
    • FIR copy (if required)
    • Car Registration Certificate
    • Copy of your Driving Licence
     

    Ask For Assistance

    Do you require assistance with the electric car insurance claim process? If so, it's advisable to seek help from your insurance company. Opting for a reputable insurance provider like Shriram General Insurance ensures you will receive comprehensive support. They offer round-the-clock assistance and excellent customer support.

     

    Get The Vehicle Repaired

    The repairs can be carried out either at a network garage or a third-party garage of your preference. If you opt for a network garage, the insurer will utilize the cashless claims feature to directly manage payment with the garage. In the case of selecting a third-party garage, the insurance company will cover the repair expenses.

     

    Conclusion

    Buying an insurance for electric car is becoming more crucial. Filing a claim for EV insurance is now easy because of the availability of online resources. By selecting the appropriate coverage and being aware of the claim's procedure, electric car owners can drive more confidently, knowing that they are covered financially in the case of an accident or damage to their car.

     

    FAQs

    1. How electric car insurance gives financial security?

    With the help of this coverage, you and your loved ones are financially protected from any damages that may be done to you or your vehicle. Thanks to the financial security provided by an electric car insurance policy, you may use your vehicle without any financial strain or hardship.

     

    2. How can I get the ideal insurance policy for my electric car?

    Comparing online car insurance plans from multiple providers will assist you in selecting the best option for your electric vehicle.

     

    3. Can I get insurance for an electric car in India?

    Of course, yes! You can get third-party or comprehensive car insurance for your electric vehicle in India.

    Save up-to the 85% off on your car Insurance

    Save up-to 85% off on your Car Insurance

    Save up-to the 85% off on your car Insurance

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