Save Up To 85%* on
Pickup EV Insurance
Renew policy in 2 minutes
20+ Insurers to chose
10k+ Vehicles Insured
Sirf Insurance nahi, Saath bhi
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 EVs in India, insuring your electric pickup vehicle is essential to manage risks, reduce costs, and stay legally compliant.
At PolicyLegit.com, you can compare EV insurance quotes, check average insurance cost, and choose from the best EV insurance companies offering competitive rates and discounts.
Pickup EV Insurance Plans#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.
#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. Policybazaar 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 Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in
#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. Policybazaar 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 Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in
What is Commercial Vehicle Insurance?
A Commercial Vehicle Insurance is a motor insurance policy to cover for damage and loss caused to and by a commercial vehicle. Owner of the vehicle and driver who drives the vehicle. This could include damage and losses in situations as accident, collisions, fires, theft, natural calamities, etc. it is mainly for all type of business to buy a commercial vehicle insurance for their vehicles, such as for auto rickshaws, cabs, pickups, trucks, tractors, school buses, commercial vans, jcb, harvester and amongst other.
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, vehicle age, battery capacity, city, add-ons, NCB, and insurer selection.
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
- Engine / Motor & Gearbox Protection
- Roadside Assistance / On-Site Support
- 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
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.Â
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. Policybazaar 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 Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in
Explore More Under Commercial Vehicle Insurance
- Commercial Vehicle Third Party Insurance
- Commercial Vehicle Insurance Companies
- Tractor Insurance
- Truck Insurance
- Pick Up Van Insurance
- School Bus Insurance
- Goods Carrying Vehicle Insurance
- Passenger Carrying Insurance
- Auto-Rickshaw Insurance
- E-rickshaw Insurance
- Bus Insurance
- Tempo Traveller Insurance
- Trailer Insurance
- Tipper Insurance
- Heavy Truck Insurance
- Tanker Insurance
- Bulker Insurance
- Taxi Insurance
Tata Ace insurance
