Archive · 9 Oct 2026
Policybazaar Data Shows EV Repairs Costlier Than ICE Cars
A study by Policybazaar says fixing electric cars after accidents costs more on average than fixing similar petrol or diesel cars.
The average EV claim is ₹41,543, while the ICE car average is ₹36,185.
Batteries and electronic parts can make repairs more expensive, and specialist repair services are still developing.
Flooding during monsoon months pushes the average EV claim to nearly ₹65,000.
Smaller cities have slightly more claims per insured electric car than big metros.
East India has the highest claim frequency among the regions mentioned.
The study also says electric SUVs have more claims per vehicle than hatchbacks or sedans.
Policybazaar’s motor insurance head says owners should consider suitable insurance cover and add-ons.
Policybazaar data says EV repair claims average ₹41,543, compared with ₹36,185 for similar ICE cars.
The figures cover vehicles priced ₹10–15 lakh during their first three years of ownership.
Battery costs, complex electronics, imported components and limited specialist repair infrastructure contribute to higher EV claims.
Monsoon flooding raises average EV claim severity to nearly ₹65,000, versus ₹52,000 in non-monsoon months.
Tier-2 cities record 33 claims per 100 insured EVs, compared with 30 in Tier-1 metros; East India has the highest regional frequency.
- Who
- Policybazaar reported the data; the figures concern insured EVs and ICE cars in India.
- What
- EV repair claims average 14% more than claims for comparable ICE cars.
- When
- The comparison covers the first three years of ownership; monsoon claim figures are contrasted with non-monsoon months.
- Where
- India.
- Why
- The article attributes higher EV claim costs to battery expenses, complex electronics, imported components and limited specialist repair infrastructure.
EV Repair-Cost Concerns
Insurance Protection Options
Higher repair claims
EV Repair-Cost Concerns
Policybazaar data shows average EV claims are 14% higher than comparable ICE-car claims, with batteries and other components contributing to costs.
Insurance Protection Options
Policybazaar’s motor insurance head says suitable cover and add-ons, including battery protection, may help address some additional costs.
Weather-related claims
EV Repair-Cost Concerns
Waterlogging and flooding during monsoon months raise average EV claim severity to nearly ₹65,000.
Insurance Protection Options
The article reports that EV owners are increasingly choosing add-ons; battery protection adoption rose from 51% to 70% in six months, according to Policybazaar.
- Average EV claim severity
- ₹41,543
- Average ICE claim severity
- ₹36,185
- Claim cost difference
- EV claims are 14% higher for comparable cars priced ₹10–15 lakh.
- Monsoon EV claims
- Nearly ₹65,000 on average, compared with ₹52,000 in non-monsoon months.
- Claim frequency by city type
- 33 per 100 insured EVs in Tier-2 cities; 30 per 100 in Tier-1 metros.
- Regional claim frequency
- East: 41; North: 34; South: 27 claims per 100 insured EVs.
- Claim frequency by body style
- SUVs: 31; hatchbacks: 28; sedans: 26 claims per 100 vehicles.