Digit flags battery add-ons and roadside cover as key EV insurance considerations
Digit Insurance says standard EV own-damage policies may not fully cover specialised battery, charger and electrical-panel repairs, urging owners to assess add-ons and roadside assistance. Battery-related components can account for about 40% of repair costs.
The brand move
Digit Insurance says EV owners in India should consider battery and roadside-assistance add-ons, as standard own-damage policies may not cover specialised components. Battery, charger and electrical-panel protection can reduce high repair-cost exposure, while flood-related negligence and pre-existing damage may be excluded.
The numbers
- EV battery components can account for around 40% of total vehicle repair costs
- Mobile charging assistance may recharge for up to 30 minutes or until 30% charge
- Towing assistance may cover up to 50 km
Why it matters for the brand
Digit’s EV coverage push highlights a need for insurers to price battery, charger and roadside add-ons accurately while building specialised repair and assistance networks.
What to track next
- Growth in EV-policy add-on attachment rates and roadside-assistance enrollment.
- Insurer disclosures of EV loss ratios, claim severity or battery-repair sub-limits.
- New OEM, dealer, charging-network or repair-chain insurance partnerships.
- Regulatory guidance on battery warranty, repair standards, total-loss treatment and charging-equipment coverage.
- Consumer complaints or social-media reports of denied battery, charger or electrical-system claims.
The counter-case
This is primarily insurer-led cross-selling rather than evidence of a broad protection gap. Comprehensive EV policies may already cover battery damage arising from insured events, while add-ons can introduce exclusions, deductibles, depreciation rules and higher premiums that outweigh their incremental value for many owners.