Bike
Electric Bike Insurance: What You Need to Know Before Buying
Electric bikes are gaining traction in India, with many making an eco-conscious decision. The e-bike segment is expected to make up one-fifth of the two-wheeler market in India by 2026. Electric bikes are sleek, cost-effective, efficient and an ideal choice for urban riders. Like conventional scooters, e-bikes are also prone to various potential risks such as natural damage, theft, and accidents. Hence, it is important to have a comprehensive electric bike insurance policy to safeguard against the financial loss or damage that may arise. Let us explore in detail the electric bike insurance, its scope of coverage, and the factors to consider before buying.