Insurance Myths for EV & Ethanol Vehicles – What’s Covered, What’s Not
As India transitions to electric and ethanol-blended vehicles, insurance policies are struggling to keep pace. From fire fears to fuel-related exclusions, myths abound. Here's what EV and E20 owners need to know about coverage, claims, and common misconceptions.
🧾 Myth #1: All EV Damage Is Covered
Reality: While most comprehensive policies cover EVs, battery damage due to improper charging, waterlogging, or aftermarket modifications may be excluded. Always check if your insurer covers battery replacement and BMS failures.