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Policybazaar Unveils Custom Tesla Insurance Plans in India

The package addresses high battery replacement costs via partnerships with leading private as well as public insurers to simplify EV coverage.

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Now insure your new Tesla with Policybazaar!

Overview

  • The plans cover high-value battery packs and state-of-the-art technology components unique to Tesla electric vehicles.
  • Customers can add optional covers including Battery Protection, zero depreciation, 24×7 roadside assistance, consumables cover and return-to-invoice protection.
  • Insured declared value stands at approximately ₹55.94 lakh with annual premiums ranging from ₹40,000 to ₹2.2 lakh depending on selected features and insurer.
  • The specialized policies went live on July 18 through Policybazaar’s online platform to streamline comparison and purchase for new Tesla owners.
  • Amit Chhabra of Policybazaar said the initiative simplifies EV insurance and underscores Tesla’s entry as a catalyst for India’s electric mobility growth.