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. Fast approval, no credit checks. Get instant Class 1 coverage and up to 90% battery protection right after your first payment.
10-Month Cash Installment
Easy approval. ID card only.
Why Choose Our Cash Installment Plan?
The smart choice for EV owners. Manage your finances easily with instant coverage.
No Credit Card Required
The best option for those without a credit card or who prefer not to lock their credit limit. Direct monthly payments with zero credit checks (No NCB check).
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% (subject to vehicle age).
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 staff you want the "10-month cash installment plan".
Submit Simple Documents
Simply send a copy of your ID card 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 tie up your credit card limit and require no credit checks. You simply transfer the monthly payment directly to the insurance company. It's perfect for those without a credit card 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, including battery claims up to 90%.
❓ Are there any hidden fees or extra interest?
For the 10-month cash installment plan, processing fees are already included in your monthly payment. Our staff will clearly summarize the exact net amount you need to pay each month before you decide. 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 to maintain continuous coverage.