A type of motor insurance policy that covers electric bikes against third party damages & losses, own damages & losses due to accidents, thefts, fire, natural calamities & other risk factors.
Cover any damages or losses for third parties due to accidents or other risk factors.
Covers your own bike damage, your own injuries as well as all that is covered in a third party insurance.
Read More About: Can an Electric Two Wheeler Get Covered Under Two Wheeler Insurance Policy?
The premium for electric bike insurance policies is based on the model, its age, capacity & kilowatt.
| E Bikes with (KW) kilowatt capacity | Premium for 1 yr policy | Premium for a long-term policy |
|---|---|---|
| Not greater than 3 kilowat | ||
| Greater than 3 kilowatt but less than 7 kilowatt | ||
| Greater than 7 kilowatt but less than 16 kilowatt | ||
| Greater than 16 kilowatt |
There are nearly 182 electric bikes in India starting from Rs. 25,000/- onwards. However, the most popular electric bikes among them are;
Few more popular new Electric Vehicle products of 2021 include;
If you are planning to buy a new electric bike here are some important queries and their answers that you must know. You can click or tap on any of the following questions to know their answers;
Hero motors, Swagtron, Nibe Motors, E-trio & Geekay Bikes.
Here’s a list of top 5 most popular & purchased electric bikes based on customer reviews and specifications
| Komaki XGT KM | |
|---|---|
| Price | Rs. 42,500 (Ex-showroom Price) |
| Rating | 5 stars |
| Specifications | |
| Fuel Type | Electric |
| Range | 85 km/charge |
| Battery Type | Maintenance Free |
| Hero Electric Dash | |
|---|---|
| Price | Rs. 50,000 - 62,000 (Showroom Price) |
| Rating | 4.5 stars |
| Specifications | |
| Fuel Type | Electric |
| Range | 60 km/charge |
| Battery Type | Lithium-Ion |
| Simple Energy One | |
|---|---|
| Price | Rs. 1.09 Lakh (Showroom Price) |
| Rating | 4.4 stars |
| Specifications | |
| Fuel Type | Electric |
| Range | 236 km/charge |
| Battery Type | Lithium-Ion |
| Benling India Falcon | |
|---|---|
| Price | Rs. 62,200 - 71,248 (Showroom Price) |
| Rating | 4.2 stars |
| Specifications | |
| Fuel Type | Electric |
| Range | 70-75 km/charge |
| Battery Type | Lithium-Ion |
| Hero Electric Optima | |
|---|---|
| Price | Rs. 51,440 - 67,440 (Showroom Price) |
| Rating | 4.1 stars |
| Specifications | |
| Fuel Type | Electric |
| Range | 85 km/charge |
| Battery Type | Lithium-Ion |
Disclaimer: The above data was last updated on 15th December 2021
Yes, you can get an electric bike on EMI. For example, the ex-showroom price of LX VRLA Electric bike is Rs. 46,640/-. You can take a loan on 90% of the amount where you will have to pay a down payment of Rs. 8,958/- (On-road + EMI + Processing fees - the Loan amount) & your monthly EMI would be Rs. 1,344/- at 9.45% for 36 months.
Yes, you can, because most electric bikes have removable batteries. Follow these two steps:
You should buy electric bike insurance because;
Yes, as per the Motor Vehicles Act, 1988, it is mandatory to purchase third party insurance for electronic bikes. However, you can also choose to buy comprehensive insurance cover as it offers coverage against own damages as well as third party.
It is best to buy comprehensive insurance cover for the bike as it offers third party and own damage coverage.
E-bikes having less than 25kmph speed do not require a driving license
You can renew electric bike insurance online on Coverfox by adding the required details, entering identity proof, address proof, registration year, etc.
Yes, in case of major damages, the insurance company will send across an inspector to verify the damages
While riding an e-bike, you have to carry documents such as registration certificate, insurance copy, driving license, etc.
No, electric bikes do not require a pollution under control certificate and hence you do not need to carry the same while riding the bike.
Will the insurance company provide cover if the accident takes place when I do not have my valid driving license on me.
No, coverage will not be provided in case you cause an accident while riding without a valid driving license
