India’s Electric Two-wheeler Sales Hit New Highs: Driving the Need for Improved Insurance Coverage

Electric bikes in India have become a more practical choice for everyday commuting.

Benefits of Electric Two-wheelers for Daily Commuters

• Lower Running and Maintenance Costs: For daily commutes and short trips, electric two-wheelers are more cost-effective than petrol vehicles. Also, electric two-wheelers have lower maintenance costs as they don’t need frequent engine-related expenses like oil changes.

• Smooth Acceleration: Modern electric two-wheelers are designed to support quick and smooth acceleration. This helps in moving through city traffic more easily.

• Comfortable Range: Most EV bikes in India offer a practical range of around 80km to 150 km on a full charge. This is suitable and beneficial for daily rides.

While these benefits make electric two-wheelers a preferred choice, they come with certain specific risks that we cannot ignore.

High Repair and Replacement Costs

Electric bikes rely on batteries, electric motors, controllers and other electronic components for their functionality. These components are supported by advanced equipment.

Any damage or loss to these components can lead to significant repair or replacement expenses.

Increased Risk Exposure

As more daily commuters shift to electric two-wheelers, their exposure to accident-related risks also rises. This is especially true in traffic-heavy or accident-prone zones.

This increased risk exposure and significant repair costs are a key cause for concern.

This combination of increased risk exposure and high repair and replacement costs makes it important to have the right bike insurance policy with the relevant add-on covers.

TATA AIG offers bike insurance plans with a wide range of optional add-ons for enhanced protection.

EV-specific Add-on Covers

TATA AIG’s Electric Surge Secure pays for the loss or damage to the EV bike, including charging equipment, caused by short circuiting, self-heating, arcing, electricity leakage, or ingress of water during charging.

With the Depreciation Allowance - Battery add-on, you can also cover the depreciation amount deducted during battery replacement.

Customisable Coverage

You can choose a bike insurance policy and customise it based on your specific usage, risks, and budget. Choose from a range of add-ons and pay only for what you need.

You can also decide the Insured Declared Value (IDV) and policy tenure.

24x7 Customer Support

Our customer support team is available 24x7 at 022-6489-8282 for any product or claim-related questions. You can get personalised guidance to choose the right insurance coverage you need. You can also explore our TATA AIG app for digital convenience and support.

Electric bike sales in India for FY26 have grown 17% year-on-year, with sales expected to reach a record high in March 2026.

This growth reflects how electric two-wheelers have become a practical choice for everyday commuting.

As we explore the best electric bikes for convenience and cost-efficiency, we also need to consider the increased risk exposure and the high repair and replacement costs associated with EV-specific components.

By choosing the relevant add-ons and customising the policy to your specific needs, you can get the right insurance coverage.

Explore TATA AIG Electric Bike Insurance to cover EV-specific risks to ensure enhanced coverage for every ride.