EV insurance policies in India surged 670% in FY26, emerging as the motor insurance sector's fastest-growing segment, with Maharashtra leading adoption and Tier-2, Tier-3 cities driving 77% of overall ...
Electric vehicle (EV) insurance surged 670 per cent in FY26 from the year before, making it the fastest-growing product in the country’s motor insurance market, said a new report by Policybazaar. Tier ...
The company's data reveals that the percentage has more than doubled over the past year, with the number of policies increasing from 10,000 last year to 20,000 this year. The electric scooter in ...