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Just as your regular scooter or bike requires insurance coverage, so does your Ola electric scooter. Your electric bike insurance can keep your electric two-wheeler financially protected against the possibility of mishaps. Thus, your two-wheeler electric vehicle insurance can keep your finances safe in case you were to face anything adverse involving your electric two-wheeler.
You can choose from at least two types of electric vehicle insurance plans for your EV scooter. Remember that insurance for an e-scooter is as important as insurance for a regular fuel-driven vehicle. The process of purchasing it is also fairly similar to buying any regular vehicle insurance.
There are several reasons to choose Bajaj Allianz General Insurance, Ola S1 Insurance or any other electric bike or electric car insurance.
The types of plans you can buy for your Ola electric scooter can be divided into two main categories. These are
Among them, third party liability insurance for Ola electric scooters protects you from financial liability if you experience a breakdown and cause damage to others or their vehicles. This type of policy is mandatory for vehicles in India under the motor vehicles act, 1988. So, whether your vehicle is electric or petrol based, you should at least have third party liability Ola S1 Pro insurance.
On the other hand, comprehensive insurance for Ola electric scooter is a more comprehensive type of policy. Apart from third party liability, comprehensive insurance for Ola electric scooter will offer other covers like own damage, personal accident and more. Although you are not legally required to get Ola electric scooter insurance, you can. This way you can be more financially secure.
Add-ons show how you can upgrade your insurance for Ola electric scooter. Some of the more common add-ons include:
Note that if you purchase third party liability only Ola S1 Pro insurance, you cannot add this extra to your plan. If you are looking for this additional cover for your Ola electric bike, you can opt for Ola electric scooter insurance.
You can start by choosing from the many options that insurance providers offer for electric bike insurance.
Some common methods you can apply for are:
For third party Ola S1 insurance, you can receive transactions through a dedicated email channel for third party liability claims.
The process of making an insurance claim for your electric bike is similar to making an electric car insurance claim.
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In India, electric scooter insurance is mandatory under the Motor Vehicles Act of 1988. You must have at least third-party liability insurance coverage to legally ride an electric scooter on public roads in India.
Electric scooter insurance in India typically covers third-party liability, which includes any injuries or damages you may cause to another person or their property while riding your electric scooter. You can also opt for a comprehensive insurance policy that covers theft, damage to your scooter, and personal accident cover.
The cost of electric scooter insurance in India varies depending on a range of factors, including the value of your scooter, your age and driving record, and the level of coverage you choose.
You can purchase electric scooter insurance from any general insurance company that offers two-wheeler insurance in India. Many insurance companies have online portals where you can compare policies and prices and purchase insurance online. You can also purchase insurance through an insurance agent or a third-party aggregator website.
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