Insurance Estimate
PMV Electric PMV EaS-E Insurance in Bangalore
Zone A — higher due to dense traffic. Premium estimate with add-ons, zone-based pricing, and insurer comparison.
Coverage Type
Annual Premium
₹15,844
in Bangalore
IDV
₹4.55 L
insured value
Monthly cost
₹1,320
if split monthly
Premium Breakdown
- Own Damage (OD) — Zone A₹10,637
- Third-Party Liability (10 kWh)₹1,780
- Zero Depreciation₹2,127
- Road-Side Assistance₹500
- NCB Protection₹800
- Total Premium₹15,844
Customize Add-Ons:
Top Insurers — Premium Comparison
Best quote in green · Estimated annual premium
| Insurer | Rating | Annual Premium |
|---|---|---|
| Digit InsuranceBest | 4.6 | ₹14,576 |
| Bajaj Allianz | 4.3 | ₹15,210 |
| TATA AIG | 4.3 | ₹15,369 |
| ICICI Lombard | 4.4 | ₹15,527 |
| HDFC ERGO | 4.5 | ₹15,844 |
FAQs — PMV Electric PMV EaS-E Insurance in Bangalore
How much is PMV Electric PMV EaS-E insurance in Bangalore?
Comprehensive insurance for PMV Electric PMV EaS-E in Bangalore costs approximately ₹15,844/year. Third-party only: ₹1,780/year.
Why is EV insurance cheaper than petrol?
IRDAI offers a 15% discount on Own Damage premium for EVs. Lower fire risk, fewer moving parts, and growing EV-friendly policies keep premiums lower.
Is third-party insurance enough?
It's legally mandatory, but doesn't cover your car. For a ₹₹4.55 L EV, comprehensive with zero-dep is strongly recommended to avoid big out-of-pocket costs.
What is Zero Depreciation for EVs?
Zero dep pays full replacement cost without depreciation on battery, parts, and panels. For an EV with expensive battery, this add-on typically pays for itself in one claim.
Get personalized insurance quotes
Share your details and compare real quotes from top insurers.