EV Insurance Class 1
Compare Online, Get the Best Value

A standard Class 1 policy pays for the battery by car age under the OIC schedule: 100% in the first year, then 10% less each year down to 50% after 5 years. For the full 100% with no reduction by car age, you have 2 options: (1) Roojai with a battery add-on, priced by model, or (2) Allianz Ayudhya, which already includes 100% battery cover in the plan, with a premium that may be higher depending on the model. Damage must come from an insured event such as an accident, flood or fire; normal battery wear is not covered.

We always recommend 'Dealer Garage' (Authorized Dealer) because high-voltage systems require specialized tools and brand-certified technicians to maintain the car's warranty.

If you choose the 'Dealer Garage' plan, the service center will requisition 100% genuine OEM parts directly from the manufacturer for maximum safety and perfect software integration.

Currently, the average waiting time for parts and repairs is 14 - 30 days. Since top EV brands in Thailand now have local spare parts warehouses, disbursements are much faster than in the early years.

Yes. No credit card is needed — you can pay in cash installments of up to 10 months. The number of installments and terms depend on the plan and insurer you choose.

No need to wait for a call! Our system and team will process and send the quotation directly to your LINE. It's fast, convenient, and allows you to compare prices peacefully without sales pressure.

Yes, you can! Insurers consider the car's age, condition, sum insured amount, and specific policy conditions. A pre-purchase inspection may be required in some cases. Most used EVs under 5-7 years old are still eligible for Class 1 (comprehensive) insurance.

Generally, car insurance does not cover natural battery degradation, as it is considered normal wear and tear. However, accident-related battery damage (collision, flooding, fire) is covered under your policy. For manufacturing defects affecting the battery, check the manufacturer's warranty — most EV brands offer 8-year or 160,000 km battery warranties.

Standard policies typically do not include the wall-mounted home charger. However, you can add Wallbox coverage as an optional add-on for approximately 400 THB/year, which covers fire, power surge, and accident-related damage to your charging equipment.

Factory-fitted (OEM) accessories are covered under standard Class 1. Aftermarket additions such as custom wheels or audio must be declared to the insurer and covered with an add-on.

Class 1 is the most comprehensive, including single-vehicle accidents, flood, theft and fire. Class 2+ covers theft, fire and collisions with another party. Class 3+ repairs your car only after a collision with another party. Every class covers third-party damage. For EVs we recommend Class 1 because battery repairs are very expensive.

Under Thailand's OIC (Office of Insurance Commission) standards, EV battery depreciation is calculated by vehicle age: Year 1 — 0% (full replacement value), Year 2 — 10%, Year 3 — 20%, Year 4 — 30%, Year 5 — 40%, Year 6+ — 50%. Some insurers offer special promotions that reduce or waive depreciation deductibles in early years. Always check the specific terms of your chosen plan.

EV insurance premiums are calculated based on: (1) Vehicle value and sum insured — higher value, higher premium; (2) Vehicle age — newest cars get the best rates; (3) Claims history — no claims earns NCB discounts up to 50%; (4) Coverage type — Class 1 is priciest but most comprehensive; (5) Annual mileage — under 15,000 km/year saves 10-15%; (6) Driver age — drivers aged 25-30 get the lowest rates; (7) Dashcam installation — 5-10% discount.

Buying EV insurance online through platforms like PrakanEV differs from traditional brokers in several ways: (1) Compare quotes from multiple insurers in one place instantly — no need to call each company; (2) No broker fees or commissions added; (3) Get a quote in under 3 minutes; (4) Your personal data stays secure — not passed to multiple sales agents; (5) Cash installment plans available online — no credit card required.

EV insurance has to cover parts petrol cars do not have, especially the high-voltage battery worth hundreds of thousands of baht, and it uses the OIC electric vehicle policy with a battery compensation schedule by age. Premiums are higher because parts and repairs cost more, EV-capable repair shops are still limited, and electronic systems need recalibration after repairs.