EV Shield Add-on Cover for Electric Cars

Nobody is immune to unforeseen mishaps, not even your brand-new electric car, but you can at least try to minimise the impact of that mishap, right.

So, to deal with all such consequential damage to your Electric Vehicles (EV) or Hybrid Vehicles (petrol/diesel + electric), Digit has rolled out a unique EV Shield add-on cover.

This EV car insurance add-on can be bought along with the base policy to get compensation for the amount you spend on repairing or replacement of EV car parts due to consequential damage. This compensation will repair or replace the Insured Vehicle’s damaged or lost part as it was before the mishap.

This damage may occur due to water ingression or short circuit or accidental external means, leading to loss or damage to the vehicle’s battery, its drive motor/electric motor, and its Hybrid Electric Vehicle (HEV) system.

Note that EV Shield, Digit’s electric car insurance add-on cover, will compensate you only under the following conditions:

• If there is loss or damage due to water ingression, compensation under this add-on would be done only when there is sufficient evidence of water inundation that has caused damage to covered parts.
• If the loss or damage to your electric car happens due to short circuit, maybe due to mounting, dismounting or vehicle in charging port, then payment would be made if it results in damage/failure to covered parts.
• If any accidental external means lead to loss or damage, then no depreciation will be applicable on the vehicle battery.

The benefits of EV Shield add-on cover for EV cars by Digit do not just stop there! It offers your electric vehicles/ hybrid vehicles complete coverage.

Upon opting for this add-on for EV car insurance in India, you will get the following additional coverage:

Now, let’s see what all is not covered under the private car EV Shield add-on cover.

For the following general exclusions, Digit is NOT liable to pay any amount or claim under this add-on cover in the event of the following:

1. In case of constructive loss/total loss of your vehicle.
2. If the loss or damage is covered under any other type of insurance policy or manufacturer’s warranty or recall campaign or any other packages.
3. If you notify Digit after 3 days of the happening of the loss or damage. However, depending on the insurance company’s sole discretion and valid reason for delay furnished by you in writing, you may be approved for a claim.
4. No claim if any repair has been carried out without prior approval from Digit.
5. If charging of the vehicle is not done as per the OEM (Original Equipment Manufacturer) guidelines.
6. No claims related to loss or damage due to wear and tear.
7. If the battery health is below the threshold as per OEM guidelines.
8. If the battery is already dead due to untimely charging or any other purpose.
9. If the car stopped due to battery over discharge and is not plugged in for charging within 24 hours from the time of stoppage.
10. If you have not taken the minimum required reasonable care to protect the further loss or damage of the electric or hybrid car.

Digit’s Electric Vehicle Insurance with the EV Shield add-on can be a perfect choice for you if you relate to any of these categories:

EV Shield add-on cover, as the name suggests, really shields you in situations of financial crisis arising due to loss or damage to your electric vehicle. It is the best add-on cover for EV car insurance you can get because:

1. The EV Shield electric car insurance add-on cover protects and compensates you for loss or consequential damage to the electrical panel of the vehicle charging point and vehicle charger including charging cable.
2. You also get quick and hassle-free roadside assistance services if your EV shuts down in the middle of the road due to vehicle battery issues.
3. This is the most suitable cover if you’ve bought a new EV, drive an electric car for daily commute, love long car drives, or drive clumsily!

Disclaimer: This information is added for informative/educational purposes only. This is only a summary of the add-on product’s features and is for reference purposes only. The details of coverages available shall be as described in the policy schedule and will be subject to the policy terms, conditions, and exclusions. Terms under policy wordings shall prevail in case of conflict.