Ev's batterypack insurance policy

  As more electric vehicles (EVs) hit the roads in India, a new concern has emerged—how to protect and maintain the pricey batteries that power these cars. To address this, insurance companies are now offering special EV battery insurance. This type of insurance covers the cost of fixing or replacing the electric vehicle's battery, which is crucial as EVs become more popular.   The coverage of EV battery insurance can differ, but it typically pays for a new battery due to wear and tear, damage, or failure. Some policies may also cover repairs if the battery is damaged but can still be fixed. This insurance is useful for various groups:   Individual Owners:  People who own EVs can get this insurance to cover battery replacement or repairs. This is handy if they expect their battery might need more frequent replacements due to factors like age or heavy use.   Fleet Operators:  Companies with fleets of EVs can use this insurance to cover the cost of replacing ...