India, April 22 -- The world is moving towards sustainable transportation, and electric vehicles (EVs) are leading the way. While EV bikes come with many benefits, such as lower running costs and eco-friendliness, they also present new challenges when it comes to two-wheeler insurance. If you're considering buying an EV bike or switching from a petrol one, it's important to understand how their insurance policies differ.
Whether you own an EV or a petrol bike, having two-wheeler insurance is mandatory in India. The Motor Vehicles Act mandates at least third-party insurance for all two-wheelers, ensuring financial protection in case of accidents or damages. However, there are significant differences in insurance policies for EV bikes and ...
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