As India transitions toward a greener future, commercial EV trucks are becoming an essential part of the logistics and transport industry. With the increasing number of electric commercial vehicles on Indian roads, having the right EV insurance policy is more important than ever.
In this guide, we’ll walk you through the best EV insurance plans in India specifically designed for commercial EV trucks in 2025. Whether you’re a fleet owner or a single vehicle operator, this post will help you choose a plan that offers the best protection at the right price.
🚛 Why Commercial EV Insurance is Different?
Electric commercial vehicles come with unique components such as:
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High-voltage lithium-ion batteries
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Electric motors and control systems
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Charging ports and EV-specific electronics
Because of this, insurance for EV trucks needs to cover more than just regular vehicle damage or third-party liabilities.
Look for plans that include:
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Battery protection
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Charging-related damage
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EV roadside assistance
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Motor and electronic part coverage
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Theft, fire, and accidental damage
🔍 Top 5 Best EV Insurance Plans for Commercial Trucks in India (2025)
1. Tata AIG Electric Vehicle Commercial Insurance
Why it stands out:
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EV-specific coverage for lithium-ion batteries
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24×7 roadside assistance
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Covers towing to nearest EV service centre
Optional Add-ons:
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Battery Replacement Cover
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Key Replacement
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Zero Depreciation
Ideal for: Tata Ace EV, Tata Ultra E.9, and other Tata commercial EVs
2. HDFC ERGO Commercial EV Insurance
Why it stands out:
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Offers customizable plans for electric trucks
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Instant claim settlement via mobile app
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High network of EV-friendly garages
Key Benefits:
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EV battery coverage
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On-site minor repairs
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Fire and natural disaster protection
Ideal for: Fleet owners with multiple electric CVs
3. ICICI Lombard Commercial EV Insurance
Why it stands out:
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EV-specific add-ons tailored for logistics and delivery trucks
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Fleet discounts available
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Fast cashless claim process
Notable Features:
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Covers vehicle downtime
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On-demand EV service assistance
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Personal accident cover for drivers
Ideal for: Ola Electric Cargo Vans, Ashok Leyland e-Trucks, Eicher Pro EV Series
4. Bajaj Allianz Electric CV Insurance
Why it stands out:
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Specialized in insuring electric cargo and freight carriers
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Offers discounts for green business fleets
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Covers charging station damage
Highlights:
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Battery wear & tear optional cover
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Natural disaster and theft protection
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Covers driver medical expenses
Ideal for: Last-mile delivery EVs and inter-city electric logistics trucks
5. Digit Insurance for Electric Commercial Vehicles
Why it stands out:
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Quick online policy purchase and renewal
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Transparent claim process
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Covers damages due to overcharging
Additional Covers:
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Charger malfunction protection
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Customizable IDV (Insured Declared Value)
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Personal and third-party liability
Ideal for: EV logistics startups and small fleet operators
📝 Things to Consider Before Buying EV Truck Insurance
When buying an EV insurance policy for your commercial truck, consider the following:
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Battery Protection: Ensure battery and charging components are fully covered.
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Add-on Riders: Evaluate zero-depreciation, roadside assistance, and battery replacement.
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Garage Network: Choose a company with EV-authorized service centres near your routes.
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Claim Process: Opt for insurers with fast, digital claim processes and EV expertise.
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Cost vs Coverage: Don’t just go for the cheapest; go for value and protection.
📊 Comparison Table of Best EV Commercial Insurance Plans
| Insurance Provider | Battery Cover | Roadside Assistance | EV Add-ons | Suitable For |
|---|---|---|---|---|
| Tata AIG | ✅ Yes | ✅ 24×7 | ✅ Multiple | Tata EV Trucks |
| HDFC ERGO | ✅ Yes | ✅ On-site Repairs | ✅ Flexible | Fleets |
| ICICI Lombard | ✅ Yes | ✅ Fast Claims | ✅ Downtime Cover | Mixed Brands |
| Bajaj Allianz | ✅ Yes | ✅ EV-Friendly Network | ✅ Green Discounts | Delivery EVs |
| Digit Insurance | ✅ Yes | ✅ App-Based Help | ✅ Charging Faults | Startups |
❓ FAQ – EV Truck Insurance in India
Q1. Is EV truck insurance more expensive than regular truck insurance?
Yes, slightly. Due to battery coverage and electronic parts, EV insurance can be 10–15% costlier, but the environmental and operational benefits make it worthwhile.
Q2. Can I get third-party insurance only?
Yes, but it is not recommended. Comprehensive insurance is better for EV trucks as it covers expensive components like batteries and motors.
Q3. What happens if my EV truck battery is damaged during a trip?
If your policy includes battery damage protection, the cost of repair or replacement will be covered. Some policies also include EV roadside assistance.
Q4. Do EV insurance plans cover fire or flood damage?
Yes. Most comprehensive plans cover natural disasters, fire, and even riots.
🛡️ Final Thoughts: Protect Your Investment
Electric trucks are the future of India’s commercial transport system. As a fleet operator or owner, protecting your investment with the right EV insurance is not just a legal requirement, but a smart business move.
Whether you’re driving a Tata Ace EV, Eicher Pro 2075 EV, or any other model, a good insurance policy ensures peace of mind and minimal downtime.
👉 Choose wisely. Drive safely. Go electric.
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