- About Coverfox
A type of motor insurance policy that covers electric bikes against third party damages & losses, own damages & losses due to accidents, thefts, fire, natural calamities & other risk factors.
Cover any damages or losses for third parties due to accidents or other risk factors.
Covers your own bike damage, your own injuries as well as all that is covered in a third party insurance.
The premium for electric bike insurance policies is based on the model, its age, capacity & kilowatt.
|E Bikes with (KW) kilowatt capacity||Premium for 1 yr policy||Premium for a long-term policy|
|Not greater than 3 kilowat||
|Greater than 3 kilowatt but less than 7 kilowatt||
|Greater than 7 kilowatt but less than 16 kilowatt||
|Greater than 16 kilowatt||
There are nearly 182 electric bikes in India starting from Rs. 25,000/- onwards. However, the most popular electric bikes among them are;
Few more popular new Electric Vehicle products of 2021 include;
If you are planning to buy a new electric bike here are some important queries and their answers that you must know. You can click or tap on any of the following questions to know their answers;
Hero motors, Swagtron, Nibe Motors, E-trio & Geekay Bikes.
Here’s a list of top 5 most popular & purchased electric bikes based on customer reviews and specifications
|Komaki XGT KM|
|Price||Rs. 42,500 (Ex-showroom Price)|
|Battery Type||Maintenance Free|
|Hero Electric Dash|
|Price||Rs. 50,000 - 62,000 (Showroom Price)|
|Simple Energy One|
|Price||Rs. 1.09 Lakh (Showroom Price)|
|Benling India Falcon|
|Price||Rs. 62,200 - 71,248 (Showroom Price)|
|Hero Electric Optima|
|Price||Rs. 51,440 - 67,440 (Showroom Price)|
Disclaimer: The above data was last updated on 15 th December 2021.
Yes, you can get an electric bike on EMI. For example, the ex-showroom price of LX VRLA Electric bike is Rs. 46,640/-. You can take a loan on 90% of the amount where you will have to pay a down payment of Rs. 8,958/- (On-road + EMI + Processing fees - the Loan amount) & your monthly EMI would be Rs. 1,344/- at 9.45% for 36 months.
Yes, you can, because most electric bikes have removable batteries. Follow these two steps:
You should buy electric bike insurance because;
Is it mandatory to buy Electronic Bike Insurance?
Third party insurance is compulsory for vehicles by law.
Which type of bike insurance is best?
Comprehensive insurance is the best because it covers own damages & third party damages. It also covers the high cost of repairing, expensive part replacement & other risks.
License required for electric bikes?
E-bikes that have a motor of 250 watt with a max speed of 25 kmph, don’t require a driving license. Anything beyond these parameters & you need a driving license.