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Pickup EV Insurance
Pickup EV insurance is a specialized electric vehicle insurance policy designed to protect electric pickup vehicles used for transportation, logistics, delivery services, and construction. With the rising demand for EV and electric commercial vehicles in India, insuring your pickup EV is essential to manage risks, reduce cost, and stay legally compliant.
At PolicyLegit.com, you can compare EV insurance quotes, check average insurance cost per year, and choose from the best EV insurance companies offering competitive rates, discounts, and transparent pricing. Whether you are insuring a Tata, MG ZS, Nexon EV, Tiago EV, or a commercial electric pickup vehicle, we help you find the right policy at the right price.
Commercial Vehicle Insurance Plans starting#1
Addons
- IMT 23Helps pay for repairing, replacing, or repainting damaged parts like lamps, tyres, tubes, mudguards, bonnet, side parts, bumper, and headlights after an accident.
- Zero DepreciationAlso called Bumper-to-Bumper or Nil Depreciation, this gets you the full price for replacing a damaged part (excluding tyres and batteries) without any decrease in value.
- Electrical AccessoriesCovers damage to additionally-fitted electrical accessories like fog lights, music system etc.
Claim Benefits
Addons
- IMT 23Helps pay for repairing, replacing, or repainting damaged parts like lamps, tyres, tubes, mudguards, bonnet, side parts, bumper, and headlights after an accident.
- Zero DepreciationAlso called Bumper-to-Bumper or Nil Depreciation, this gets you the full price for replacing a damaged part (excluding tyres and batteries) without any decrease in value.
- Electrical AccessoriesCovers damage to additionally-fitted electrical accessories like fog lights, music system etc.
Addons
- IMT 23Helps pay for repairing, replacing, or repainting damaged parts like lamps, tyres, tubes, mudguards, bonnet, side parts, bumper, and headlights after an accident.
- Zero DepreciationAlso called Bumper-to-Bumper or Nil Depreciation, this gets you the full price for replacing a damaged part (excluding tyres and batteries) without any decrease in value.
- Electrical AccessoriesCovers damage to additionally-fitted electrical accessories like fog lights, music system etc.
Addons
- IMT 23Helps pay for repairing, replacing, or repainting damaged parts like lamps, tyres, tubes, mudguards, bonnet, side parts, bumper, and headlights after an accident.
- Zero DepreciationAlso called Bumper-to-Bumper or Nil Depreciation, this gets you the full price for replacing a damaged part (excluding tyres and batteries) without any decrease in value.
- Electrical AccessoriesCovers damage to additionally-fitted electrical accessories like fog lights, music system etc.
Plan Type
Comprehensive
Claims Settled
95%
₹ 6501
Addons
- IMT 23Helps pay for repairing, replacing, or repainting damaged parts like lamps, tyres, tubes, mudguards, bonnet, side parts, bumper, and headlights after an accident.
- Zero DepreciationAlso called Bumper-to-Bumper or Nil Depreciation, this gets you the full price for replacing a damaged part (excluding tyres and batteries) without any decrease in value.
- Electrical AccessoriesCovers damage to additionally-fitted electrical accessories like fog lights, music system etc.
Plan Type
Comprehensive
Claims Settled
99%
₹ 6524
Addons
- IMT 23Helps pay for repairing, replacing, or repainting damaged parts like lamps, tyres, tubes, mudguards, bonnet, side parts, bumper, and headlights after an accident.
- Zero DepreciationAlso called Bumper-to-Bumper or Nil Depreciation, this gets you the full price for replacing a damaged part (excluding tyres and batteries) without any decrease in value.
- Electrical AccessoriesCovers damage to additionally-fitted electrical accessories like fog lights, music system etc.
Plan Type
Comprehensive
Claims Settled
95%
₹ 6545
Addons
- IMT 23Helps pay for repairing, replacing, or repainting damaged parts like lamps, tyres, tubes, mudguards, bonnet, side parts, bumper, and headlights after an accident.
- Zero DepreciationAlso called Bumper-to-Bumper or Nil Depreciation, this gets you the full price for replacing a damaged part (excluding tyres and batteries) without any decrease in value.
- Electrical AccessoriesCovers damage to additionally-fitted electrical accessories like fog lights, music system etc.
Plan Type
Comprehensive
Claims Settled
96%
₹ 6566
Addons
- IMT 23Helps pay for repairing, replacing, or repainting damaged parts like lamps, tyres, tubes, mudguards, bonnet, side parts, bumper, and headlights after an accident.
- Zero DepreciationAlso called Bumper-to-Bumper or Nil Depreciation, this gets you the full price for replacing a damaged part (excluding tyres and batteries) without any decrease in value.
- Electrical AccessoriesCovers damage to additionally-fitted electrical accessories like fog lights, music system etc.
Plan Type
Comprehensive
Claims Settled
98%
₹ 6573
Addons
- IMT 23Helps pay for repairing, replacing, or repainting damaged parts like lamps, tyres, tubes, mudguards, bonnet, side parts, bumper, and headlights after an accident.
- Zero DepreciationAlso called Bumper-to-Bumper or Nil Depreciation, this gets you the full price for replacing a damaged part (excluding tyres and batteries) without any decrease in value.
- Electrical AccessoriesCovers damage to additionally-fitted electrical accessories like fog lights, music system etc.
Claim Benefits
#1 Rs 5773/- per annum is the price for third-party commercial vehicle insurance for Mahindara Alfa PAX DX registration year 2020. The list of insurers mentioned are arranged according to the alphabetical order of the names of insurers respectively. The comprehensive commercial vehicle insurance prices mentioned above are for a 5 year Mahindara Alfa PAX DX registration year 2020. These quotes are from mentioned from lowest to highest price. Policylegit does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. The list of plans listed here comprise of insurance products offered by all the insurance partners of Policylegit. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in
Plan Type
Third Party
Claims Settled
93%
₹ 5773
Plan Type
Third Party
Claims Settled
95%
₹ 5773
Plan Type
Third Party
Claims Settled
98%
₹ 5773
Plan Type
Third Party
Claims Settled
98%
₹ 5773
Plan Type
Third Party
Claims Settled
96%
₹ 5773
Plan Type
Third Party
Claims Settled
99%
₹ 5773
Plan Type
Third Party
Claims Settled
95%
₹ 5773
#1 Rs 5773/- per annum is the price for third-party commercial vehicle insurance for Mahindara Alfa PAX DX registration year 2020. The list of insurers mentioned are arranged according to the alphabetical order of the names of insurers respectively. The comprehensive commercial vehicle insurance prices mentioned above are for a 5 year Mahindara Alfa PAX DX registration year 2020. These quotes are from mentioned from lowest to highest price. Policylegit does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. The list of plans listed here comprise of insurance products offered by all the insurance partners of Policylegit. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in
Pickup EV & Related Models – Insurance Price List
Electric pickup vehicles (Pickup EVs) are becoming increasingly popular in urban logistics, last-mile deliveries, and eco-friendly transport solutions. Insurance ensures financial protection for the vehicle, driver, cargo, and business operations, while also safeguarding the high-value battery and electric drivetrain components.
With Pickup EVs operating in city traffic, commercial routes, and cargo transport, proper insurance is essential to avoid costly repairs, downtime, and liability claims.
Pickup EV Insurance Approximate Price List (India)
Model / Type: Mahindra Treo Zor / Zor+
Approx. 1st Year Premium: ₹12,000 – ₹18,000
Renewal (with NCB): ₹8,500 – ₹14,000
Model / Type: Tata Ace EV
Approx. 1st Year Premium: ₹14,000 – ₹20,000
Renewal (with NCB): ₹10,000 – ₹16,000
Model / Type: Pickup EV 4x4 / Cargo Variants
Approx. 1st Year Premium: ₹16,000 – ₹25,000
Renewal (with NCB): ₹12,000 – ₹20,000
Model / Type: Related Electric Pickup / Utility EVs
Approx. 1st Year Premium: ₹13,000 – ₹22,000
Renewal (with NCB): ₹9,500 – ₹18,000
Note: Premium depends on IDV, battery value, electric motor specification, city, add-ons, NCB, and insurer selection. You can compare quotes online and check yearly insurance price before buying.
What Is the Main Reason for Pickup EV Insurance?
The primary reason to buy Pickup EV insurance is:
To protect your electric pickup vehicle, driver, cargo, and business from financial loss due to accidents, theft, battery damage, natural calamities, and third-party liabilities.
EV pickups have high-value components like batteries and electric motors, making insurance essential to avoid expensive repairs and downtime.
Types of Pickup EV Insurance Policies Available
Third-Party Liability Insurance
- Mandatory under Motor Vehicles Act
- Covers injury, death, or property damage to third parties
- Does not cover your own EV damage
Comprehensive Insurance (Highly Recommended)
- Covers third-party liability + own vehicle damage
- Covers accidents, fire, theft, natural calamities, and battery / drivetrain damage
- Ideal for urban deliveries and commercial EV usage
Standalone Own-Damage Insurance
- Covers only damage to your Pickup EV
- Requires active third-party insurance
Add-Ons / Riders for Enhanced Protection
- Zero Depreciation Cover
- Battery & Electric Motor Protection
- Consumables & Charging Equipment Cover
- Return to Invoice
Add-ons slightly increase premium but significantly reduce out-of-pocket claim costs.
Pickup EV Insurance Price – Premium & Cost Factors
Key Factors Affecting Insurance Cost
- IDV (Insured Declared Value)
- Battery & Electric Motor Value
- City / RTO Zone
- Vehicle Age & Model
- No Claim Bonus (NCB) – Up to 50% discount
- Usage Type (Delivery / Cargo / Utility)
- Policy Coverage & Add-ons Selected
- Claim History & Driver Profile
The average EV insurance cost per year depends on vehicle segment and insurer. Some models like MG ZS EV, Tata Nexon EV, Tata Tiago EV, Kia Niro, Chevy Bolt (Chevrolet Bolt), and other electric car models may have slightly higher insuring costs due to battery value.
You can use our online EV insurance comparison tool to compare rates from top insurer companies such as AXA, general insurance providers, and leading private insurance company options in India.
Why Buy Pickup EV Insurance Online from PolicyLegit?
Instant Quote Comparison
Compare premiums from multiple insurers in minutes.
Affordable & Transparent Pricing
Online purchase avoids agent commissions.
Customised Coverage
Select add-ons based on EV battery, drivetrain, and cargo usage.
Renewal Alerts
Protect your NCB and avoid policy lapse.
100% Digital & Paperless
Instant policy issuance and secure payment.
Dedicated Claim Support
End-to-end assistance for faster claim settlement.
Pickup EV Insurance Renewal – Simple Online Process
Renew your Pickup EV insurance in 5 simple steps:
- Enter your vehicle number
- Compare renewal quotes instantly
- Select coverage & add-ons
- Make secure online payment
- Download renewed policy instantly
Renew before expiry to avoid inspection delays, penalties, and NCB loss.
PolicyLegit – Smart EV Insurance. Best Price. Right Coverage.
Commercial Vehicle Insurance
Types of Vehicles insured in Commercial Vehicle Insurance Policy
Commercial vehicles are an essential mode of transportation and are heavy-duty vehicles used daily to carry out tasks. Some of the most common commercial vehicles are:
- Trucks
- Vans
- Trailers
- Buses
- Taxies
- Coaches
- Carriers
- Shovels
- Tractors
- Cranes
- Mobile rigs
- Bulldozers
These commercial vehicles transport goods within the city/cities and from one state to another, as well as for intercity passenger tours and travel.
Coverage Under Commercial Vehicle Insurance
- Losses due to riots, strikes, natural calamities such as earthquakes, hurricanes, cyclones, etc, are covered
- Damages to the vehicle arising out of fire, self-ignition and explosion
- Partial or total loss to the insured vehicle due to theft, housebreaking, and burglary
- Loss or damage caused to the third-party property, vehicle, bodily injuries and death of the third person.
- Damages arising out of road accidents or collisions are also covered.
- Wear and tear/depreciation of the commercial vehicle.
- Losses incurred during a civil war, nuclear perils.
- Contractual liabilities of the owner/driver of the insured commercial vehicle are also not covered.
- The occurrence of an accident while driving with an invalid driving license or under the consumption of alcohol.
- Using a vehicle in accordance with 'limitations as to use', for instance, a private car is used as a taxi.
- Electrical and mechanical breakdown, breakage or failure of the insured vehicle.
List of Pickup EV Commercial Vehicle Insurance Companies in India 2026
Following is the list of general insurance companies that offer commercial vehicle insurance:
| Insurer Name | Passenger Carrying Vehicle Insurance | Goods Carrying Vehicle Insurance | Miscellaneous Vehicle Insurance |
| Bajaj Allianz Commercial Vehicle Insurance | No | Yes | No |
| Godigit Commercial Vehicle Insurance | Yes | Yes | Yes |
| New India Assurance Commercial Vehicle Insurance | Yes | Yes | No |
| Reliance General Commercial Vehicle Insurance | Yes | Yes | Yes |
| SBI General Commercial Vehicle Insurance | Yes | Yes | Yes |
| Shriram General Commercial Vehicle Insurance | Yes | Yes | No |
| United India Commercial Vehicle Insurance | Yes | Yes | No |
| Zuno Commercial Vehicle Insurance | Yes | Yes | No |
*Disclaimer: The table mentioned above is according to the alphabetical order of the insurance company. Policylegit does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policylegit. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in
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