The Pros And Cons Of Electric Bike Insurance

With increasingly powerful and efficient electric vehicles being released each year, the electric vehicle industry is finally revolutionising the automotive industry. Electric scooters and bikes have several benefits. Some of them are as follows: 

friendly to the environment

  • Reduced operating cost

While the upfront cost of electric motorcycles and scooters is slightly more than that of standard two-wheelers, the money you will save on fuel over time makes this a very cost-effective decision. More and more individuals are switching to electric vehicles due to their reasonable operating expenses due to rising fuel prices. 

  • Room for storage

Compared to traditional bikes and scooters, electric scooters do not contain as many mechanical components. As a result, they have a sizable storage area that may be utilised to convey various items.  

  • Lightweight 

Compared to ordinary motorcycles, electric scooters are mechanically simpler and have fewer parts. They are hence small and convenient to park. Since driving a heavier vehicle is more challenging, the car’s small weight also makes driving easier. You can keep your scooter inside during the rain thanks to the lightweight and compact design of the e-bike.

Negative Aspects Of An Electric Scooter

  • A battery’s life

Once an electric battery is broken or no longer offers a good range, it needs to be changed. According to the rating, brand, quality, and warranties, batteries typically cost between Rs. 13,000 and Rs. 20,000 and have an annual lifespan of one year.

  • The e-bike’s range

The distance an electric scooter can travel on a single charge is referred to as its range. The top electric scooter models in India typically have a range of around 100 kilometres. In addition, the range gets shorter as battery life gets longer. Long-distance travel might not be the best use for it because it takes roughly 5 hours to recharge the battery.

  • Rebuilding and upkeep

Because there are so few repair shops or dealers for replacement parts for this new method of transportation, e-bike repairs can be a concern. However, as e-bikes become more and more popular, repair facilities will multiply and become more widely dispersed. 

Infrastructure Deficit

  • Lack of infrastructure

There are charging facilities every few kilometres in many wealthy nations where electric vehicles are the norm. At the charging stations, people can pause and charge their electric vehicles or bikes. However, India hardly has any such infrastructure, making long-distance driving in your electric vehicle quite challenging.  

Your Electric Scooter Insurance

Knowing the advantages and disadvantages of electric motorcycles has given you the knowledge you need to consider getting electric bike insurance for your bike. According to the revised Motor Vehicles Act of 1988, all vehicle owners, including those of electric vehicles, are required to carry third-party electric bike insurance. Finding the best insurance policy for an electric vehicle can be challenging, though, due to the abundance of options available. Thankfully, a lot of electric vehicle insurance providers have begun providing electric vehicle-specific EV policies in India plans.  

Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.

You might also like : Benefits Of Purchasing a Travel Insurance Plan