EV Insurance Class 1 (Thailand)
Best Value 0% Installment

Prices start from around 7,606 THB/year for compact EVs, and run into the tens of thousands for premium models like Tesla, Porsche and Mercedes-Benz. Popular cars start at 11,417 THB/year for the BYD Dolphin and 12,988 THB/year for the MG4. The final price depends on the sum insured, driver age, and repair type.

Yes! PrakanEV offers a 10-month cash installment plan with no credit card required. You're fully covered from the very first payment — no need to pay a lump sum upfront.

We recommend these top insurers known for easy claims and wide garage networks: 1. Roojai 2. Viriyah Insurance 3. Allianz Ayudhya. Each excels in different areas — chat with us for a personalized comparison.

The difference is coverage. Class 1 covers both collisions with and without another party (hitting a pole or scratching on your own), theft, fire, flood, and battery damage. Class 2+ only covers damage from accidents involving another party. For full peace of mind on an EV, we recommend Class 1.

Class 1 EV Special plans cover battery damage from accidents up to 100% (full replacement if severely damaged). However, 'battery degradation' from normal use over time is NOT covered by insurance — that falls under the manufacturer's quality warranty. Insurance is for sudden, accidental damage only.

It covers five main areas: 1. Vehicle damage from accidents 2. Battery and high-voltage system 3. Wallbox charger 4. Third-party liability (life, body, and property) 5. 24-hour roadside assistance.

It depends on your needs. Dealer repair guarantees standards and genuine parts but costs about 20-30% more. Garage repair is cheaper and often faster, but you should pick a garage that specializes in EV electrical systems. PrakanEV lets you compare both options.

Four ways to lower your premium: 1. Choose a Named Driver plan 2. Accept a 3,000-5,000 THB deductible 3. Choose garage repair instead of dealer 4. Install a dashcam. Together these can cut your premium by up to 30%.

Yes. We recommend renewing 30-45 days before your policy expires to keep your No Claim Bonus discount and avoid any gap in coverage.

Yes, with certain insurers. However, terms and premiums may differ from officially imported cars — the sum insured and repair costs may be assessed differently. Send us your car details and we'll help check the premium before you decide.

Yes. Insurers typically accept cars up to 10 years old (some up to 15), depending on make and model. The premium may be adjusted based on the car's age and remaining value.

Getting a quote online takes less than 5 minutes — just enter your car and driver details and the system calculates your premium instantly. If you decide to buy, there are 4 steps: 1) send your documents over LINE, 2) the insurer emails you a payment link (pay in full or over 10 monthly installments with no credit card), 3) book an online vehicle inspection through the insurer's app, which must be completed within 14 days of your coverage start date — you choose the date and time and never have to drive the car anywhere, and 4) receive your policy document by email, usually within 1-2 business days after the inspection, or download it yourself from the insurer's app.

NCB transfer depends on each insurer's policy. Most companies accept a good driving history from your previous insurer, but some, such as Roojai, do not accept NCB transfers from other companies. If you have an accumulated no-claims bonus, let our PrakanEV team know so we can match you with an insurer that accepts your NCB and keeps your discount.

If the accessories or body kit came factory-fitted from the dealer, they are covered under the standard policy. However, aftermarket accessories installed outside the dealer are not covered by the basic plan — you will need to purchase add-on coverage to protect them.

The documents required to issue the policy are: 1) a copy of the vehicle registration book (car blue book), 2) ID card, 3) driving licenses of the main and all additional drivers (up to 5 — adding drivers may change the premium), 4) email, 5) contact number, 6) the desired coverage start date, 7) your current address, and 8) the licence plate number. Photos should be clear, not crossed out, and show your name, date of birth, and ID number.