Electric Bike Third Party ( Act / Liability ) Only Insurance


As the number of electric bikes increasing in roads, insurance companies are also introducing new insurance products to cover them. National Insurance Company is also proving Liability /Third Party/Act only electric two-wheeler insurance. Company also provides comprehensive package insurance policy for electric two-wheeler; however, this page aims to explain the Liability only electric two-wheeler Insurance policy.
The Third-Party Insurance of electric two-wheeler is set to categorise as per the capacity of vehicle’s electric motor. The capacity of motor in electric vehicle is measured in Kilo Watt (KW). They are categorised in four different categories based on vehicle’s motor Kilo Watt rating for the purpose of Third-Party Insurance tariffs. Following Table is presented to illustrate the different categories and respective Third-Party insurance tariffs; premium rate is exclusive of taxes.

Electric Two-wheeler TP Premium Rate (In Rupees, excluding Taxes) Table
Motor Rating In Kilowatt

TP Premium


Long term TP Premium

(Five years)

0-3 KW 410 888
>3-7KW 639 2792
>7-16KW 1014 4635
>16KW 1975 11079  

Currently most of the Indian states are charging taxes as GST only at the rate of 18 percent of the premium.