EV Insurance
Easy 10-Month Installments. No Credit Card Required!
No need for a lump sum! Enjoy cash installments for your EV insurance easily with PrakanEV. Perfect for expats—no Thai credit card or credit checks required. Get instant Class 1 coverage and up to 90% battery protection right after your first payment.
Premium & Installment Comparison for Popular EVs
Estimated 2025 Class 1 premiums (Dealer Garage). Monthly payments include a transparent 10% flat processing fee with no hidden charges.
| Brand / Model (Mileage) | Full Yearly Premium (THB) | 10-Month Installment (THB/mo) |
|---|---|---|
| BYD Dolphin (Mileage < 5,000) | 8,679 ฿ | 955 ฿ |
| BYD Dolphin (Mileage 5,000 - 10,000) | 9,484 ฿ | 1,043 ฿ |
| BYD Dolphin (Mileage 20,000 - 25,000) | 12,665 ฿ | 1,393 ฿ |
| MG4 D (Mileage < 5,000) | 9,872 ฿ | 1,086 ฿ |
| Tesla Model 3 Standard (Mileage < 5,000) | 16,520 ฿ | 1,817 ฿ |
| ORA Good Cat Pro (Mileage < 5,000) | 10,684 ฿ | 1,175 ฿ |
Why Choose Our Cash Installment Plan?
The smart choice for EV owners. Manage your finances easily with instant coverage.
No Thai Credit Card Required
The best option for expats or those without a local credit card. Make direct monthly payments via bank transfer with zero credit checks.
Instant Coverage from Payment #1
Pay the first installment and instantly receive Class 1 insurance coverage. No need to wait until it's fully paid. Drive with confidence, knowing your battery is protected up to 90%.
Ease Your Financial Burden
Split the high cost of insurance premiums into 10 manageable monthly payments, freeing up your cash flow for other needs.
Simple 3-Minute Installment Process
Check Quote & Select Plan
Compare Class 1 EV insurance premiums and tell our English-speaking staff you want the "10-month cash installment plan".
Submit Simple Documents
Simply send a copy of your passport/ID and vehicle registration book via LINE @prakanev to process.
Pay 1st Installment & Get Covered
Transfer your first installment directly to the insurance company. The system will approve and send your coverage confirmation instantly.
Frequently Asked Questions (Cash Installment)
❓ How is cash installment different from using a credit card?
Cash installments don't require a Thai credit card or credit checks. You simply transfer the monthly payment directly to the insurance company. It's perfect for expats or those who want to save their credit limit.
❓ Do I have to pay off the full amount before making a claim?
Not at all! You receive full Class 1 insurance coverage the day your first payment is successful. If an accident occurs, you can file a claim immediately according to the policy terms.
❓ Are there any hidden fees or extra interest?
For the 10-month cash installment plan, there is a standard 10% flat processing fee calculated from the yearly premium, which is already divided into your monthly payments. Fully transparent with no hidden costs.
❓ What happens if I forget to pay an installment?
If a payment is overdue, the insurance company will send a warning letter or message and may consider canceling the coverage based on policy conditions. We highly recommend setting a reminder to pay on time.