Zuno’s trailblazing EV insurance protection

Hyderabad, 22 November 2023: Zuno General Insurance unveiled a pioneering Electric Vehicle (EV) Add-On Cover, marking a milestone in the insurance sector. This groundbreaking addition is tailored to safeguard electric vehicles and address their distinct needs.

Embracing the future of electric mobility, Zuno aims to empower EV owners by providing cutting-edge insurance solutions. Recognizing the unique aspects of electric vehicles, Zuno crafted an array of pioneering EV add-on covers, promising to revolutionize motor insurance.

Zuno's EV add-on covers are meticulously tailored to complement their standard private car policies, specifically catering to the distinctive requirements of electric and hybrid vehicles. With several industry-first features, the EV Add-On Cover comprises three vital components, ensuring robust and tailored coverage for EV owners:

Private Charging Station Cover (Industry first)

Extensive coverage encompassing charging cables, connectors, adapters, and standard charging accessories, guarding against accidental damage and theft.

Comprehensive protection for privately-owned charging stations dedicated to charging insured vehicles, safeguarding against fire, theft, and accidental damage – another industry-first.

Personal Accident Cover – for enhanced safety of EV owners (Industry first)

Option to add personal accident coverage for injuries or death resulting from fire, blast, or short circuit at the private charging station while charging the insured vehicle.

Battery Coverage

Protection against loss or damage caused by fire, self-ignition, or short circuit while the vehicle is charging its battery or parked at a charging station (First in Market).

Battery protection in case of consequential loss due to water ingression or short circuit, covering the battery or its parts.

Shanai Ghosh, MD & CEO of Zuno General Insurance, highlighted, "The EV Add-On cover aligns with our strategic focus on building an EV-centric motor insurance portfolio. This industry-first Electric Vehicle Add-On Insurance Cover is tailored to meet the unique needs of electric vehicle owners."

The initiative reflects a shift in the industry mindset toward electric vehicles, encouraging widespread adoption. Zuno's goal is to support this transition by offering innovative, industry-first add-ons. These not only instill confidence in embracing electric vehicles but also simplify insurance practices, fostering widespread EV adoption.

The introduction of the EV Add-On Cover cements Zuno's position in the digital insurance sphere, ensuring customers have access to innovative and comprehensive solutions for tomorrow's vehicles.