EV Shield Add-on Cover for Electric Cars

Insuring your electric vehicle or hybrid car just got better and simpler with Digit!

If you’re also embracing the new-age electric vehicles and looking for a car insurance policy to protect EVs, Digit has just the right add-on cover for you, called the EV Shield, which you can buy with the EV Car Insurance – Bundled, Package and Standalone Own Damage Policies.

Designed to meet rising demand for EVs in the country, this add-on cover for EV cars will address the specialised insurance needs of EVs, so you can flaunt your new electric car and drive it around without an ounce of worry!

This EV Shield add-on cover for electric cars in India will protect you and your vehicle against any loss or damage to the electrical panel for the vehicle charging point, vehicle charger including charging cable, and offer roadside assistance services specific to EVs.

Disclaimer: EV Shield add-on cover has been filed with Insurance Regulatory and Development Authority (IRDA) as:

• Digit Private Car EV Shield with UIN number IRDAN158RP0005V01201718/A0016V01202223
• Digit Private Car EV Shield- Bundled with UIN number IRDAN158RP0008V02201819/A0017V01202223
• Digit Private Car EV Shield- Standalone Own Damage Policy with UIN number IRDAN158RP0002V01201920/A0018V01202223

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:

1. Loss or damage to electrical panel for vehicle charging point

This cover protects you in case of loss or damage to the electrical panel for vehicle charging point due to the various risks listed in Section I of base policy including any loss or damage due to animal attack and animal scratch to the panel.

Note that the damaged electrical panel should have been installed specifically for the insured vehicle and should not be for any other vehicle.

2. Loss or damage to vehicle charger including charging cable

Under this, Digit will cover loss or damage to the vehicle charger including charging cable, due to the risks listed in Section I of base policy including any loss or damage due to animal attack.

The coverage will be provided for both wall mounted and portable vehicle charger.

3. Assistance Services Specific to EV

This add-on safeguards you in case your electric vehicle is immobilized within the geographical limit as per the base insurance policy.

You will then get assistance services for the EV that has been immobilised due to malfunctioning of battery or if the battery runs out of charge.

• Mobile Charging Station Service

In case the battery of the insured vehicle runs out of charge, Digit will arrange for a mobile generator van or portable mobile generators at the vehicle’s location to help charge the battery.

However, remember that you will be able to charge from the generator driven van only for 30 minutes or till the battery charge reaches 30% (whichever is earlier).

Any additional charging cost for more than 30 minutes or above 30% battery charge will be borne by you.

• Replacing Discharged Battery with Charged One (in case vehicle battery is swappable) -

If your vehicle’s battery is swappable and if you’re in a situation where the battery of the vehicle is discharged, then Digit will arrange to deliver charged vehicle battery to your immobilised vehicle, if the battery swap option is available.

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:

1. New Car Owner

Whether you buy an electric car or a hybrid one, owning a car is always a milestone. So, celebrate your milestone by protecting your newly bought car with the additional EV Shield cover and have complete peace of mind.

2. Daily Office Commuters

If you’ve also bought an EV for easy daily commute to your office, think of all the risks you’ll be taking while driving through the busy roads of big Indian cities and narrow lanes of small towns! So, it is best to get this add-on for added protection of your vehicle.

3. Long Trips Gang

Fond of driving or taking long road trips at night? You should consider getting this add-on cover to prevent low vehicle battery situation or similar unforeseen events.

4. The Clumsy Driver

If you’re one of the clumsy drivers with an electric car who is more prone to little mishaps or accidents which can impact the car’s battery, then this EV Shield cover will be like a boon to you!

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.