EV Insurance Budget Friendly
Drive less? Park often? Want to save budget?
No need to pay premium prices. Meet our Type 2+ and Type 3 plans specifically for EVs.
Deep Dive! Which plan fits you?
🛡️ Type 2+ (Balanced Choice)
Similar to Type 1 but excludes 'collision without other parties'. Ideal if you are a confident driver but worried about other cars hitting you, or theft/fire risks.
💰 Type 3 (Super Saver)
Focuses on 'Repairing Them, Not Us'. Suitable for older EVs with depreciated value, or rarely driven cars. Keeps you legal and protects you from liability claims.
Comparison: Type 2+ vs Type 3
Direct comparison to find the best value for your money.
| Coverage | Type 2+ (Best Value) | Type 3 (Cheapest) |
|---|---|---|
| Repair Own Car (Car vs Car) | ✓ Covered | ✗ Not Covered |
| Repair Third Party | ✓ Covered | ✓ Covered |
| Theft / Fire | ✓ Covered | ✗ Not Covered |
| EV Battery Coverage | ✓ Some Plans | ✗ Not Covered |
| Flood Damage | ✓ Some Plans | ✗ Not Covered |
| Starting Price / Year | 5,900 - 9,000.- | 1,900 - 3,500.- |
⚠️ Important Note on 'Battery'
Most Type 2+ and 3 plans DO NOT cover battery damage caused by non-vehicle accidents (e.g., hitting a curb). They only cover 'Car vs Car' collisions.
If battery coverage is your main concern, we strongly recommend sticking with Type 1 Insurance.
Frequently Asked Questions (FAQ)
Q: Does Type 3 cover the EV battery?
Usually 'No'. If the battery is damaged, you pay for repairs yourself. Type 3 mainly covers damages to the third party.
Q: My EV is over 7 years old. Is Type 2+ good?
Yes! It is the best alternative to Type 1 because it still covers Theft and Fire, which are major risks for older EVs.
Q: Is cheap EV insurance cheaper than gas cars?
For Type 2+ and 3, prices are very similar to gas cars (starting at a few thousand THB), unlike Type 1 where EVs are significantly more expensive.
Q: Can I pay in installments?
Yes! PrakanEV offers 0% installment plans for 3-6 months, even for budget insurance plans.