Try GOLD - Free
Drive green with a battery rider
Financial Express Chandigarh
|May 05, 2025
TAKE BATTERY PROTECTION COVER WHEN BUYING INSURANCE FOR ELECTRIC VEHICLE
GIVEN THE UNIQUE technology in electric vehicles (EVs), opting for a battery protection or replacement rider could be a smart choice when buying motor vehicle insurance for your EV. It can help prevent significant out-of-pocket expenses, particularly for those driving long distances regularly or residing in areas with extreme temperatures that can affect battery health.
In an EV, the battery accounts for around 60% of the total cost. It is the most financially sensitive component. Any damage from water ingress or accidents can lead to extremely high repair and replacement costs. Battery replacement due to water ingression or short circuit is covered if you opt for the replacement rider.
This story is from the May 05, 2025 edition of Financial Express Chandigarh.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Chandigarh
Financial Express Chandigarh
It’s wok-ing!
From immersive cafes and casual dining to luxe reinterpretations, pan-Asian remains a perennial favourite, with most new openings favouring the cuisine
6 mins
December 14, 2025
Financial Express Chandigarh
Shiprocket aims to raise ₹2,342 crore
TEMASEK-BACKED E-COMMERCE enablement platform Shiprocket has filed updated draft papers with markets regulator Sebi to raise a little over ₹2,342 crore through its initial public offering (IPO), reports PTI.
1 min
December 14, 2025
Financial Express Chandigarh
MG Windsor zooms past Tata to take EV crown
FOR THE FIRST time since electric vehicle (EV) sales took off in India in 2020, a non-Tata car will lead a calendar year’s sales.
1 min
December 14, 2025
Financial Express Chandigarh
China is ‘rejecting’ H200s, claims White House official
CHINA HAS FIGURED out the US strategy for allowing it to buy Nvidia’s H200 and is rejecting the AI chip in favour of domestically developed semiconductors, White House AI czar David Sacks said, citing news reports.
1 mins
December 14, 2025
Financial Express Chandigarh
Railways deactivates 30.3 mn fake accounts
MINISTER FOR RAILWAYS Ashwini Vaishnaw on Saturday stated that the Indian Railways deactivated 30.3 million fake accounts from IRCTC website.
1 min
December 14, 2025
Financial Express Chandigarh
Full FDI in insurance may not shake sector
Foreign insurers might still opt for Indian partners
1 min
December 14, 2025
Financial Express Chandigarh
Nvidia to increase H200 chip output: Sources
Reportedly orders from China exceed current output
1 mins
December 14, 2025
Financial Express Chandigarh
Archaeologists find oldest evidence of fire-making
New study reveals Neanderthals made fire 400,000 years ago than the 50,000 years believed
2 mins
December 14, 2025
Financial Express Chandigarh
Distortion of history, disdain for future
Politicians love to take liberties with history.
3 mins
December 14, 2025
Financial Express Chandigarh
Collegium far more open than earlier: CJI
SIGNALLING CONTINUITY WITH reform, new Chief Justice of India Justice Surya Kant has said the collegium system of judicial appointments is \"certainly far more open and transparent today than it once was\" and \"there is always room to do better.\"
1 min
December 14, 2025
Listen
Translate
Change font size