Tesla Car Insurance: Many insurance companies have entered the field to woo Tesla owners. In a few days of Tesla’s official entry in India, the policy market has launched a special vehicle insurance plan for Tesla buyers. Tesla has started booking in India from July 15, and its first car Model Y SUV starts at Rs 59.89 lakhs. The delivery of its RWD variants will begin at the end of the third quarter of 2025.
The new insurance plans of the policy market have been prepared keeping in mind the needs of electric cars like Tesla. These include battery safety, technology parts cover, and EV specific features. Ad-on cover includes battery protection, zero depressions, roadside assistance, cover and returns-to-invoice.
If a customer buys insurance for Tesla Model Y, with an insured value of Rs 55.95 lakh, the annual premium can range from 40,000 to 2.20 lakh rupees. This will depend on the company of insurance and the facilities selected.
Customers can visit the policy market website and compare insurance to public companies like HDFC Ergo, ICICI Lombard, Reliance General and New India Assurance. You can also buy online.
Amit Chhabra, Chief Business Officer of General Insurance, the policy market, said that Tesla’s entry is the beginning of a new era in India’s EV market. Our goal is to make EV insurance simple and economical.
Acko has partnered with Tesla and has become Tesla’s favorite insurance company. Acko promises to give full experience of digital policy and claim process.
Apart from this, Liberty General Insurance and Zurich Kotak General Insurance have also introduced insurance plans specially prepared for electric vehicles. These plans not only cover EV batteries and chargers, but also include roadside assistance in the event of a breakdown. After the entry of Tesla in India, the market of custom products related to EV insurance in the country is increasing rapidly.