Tata Nexon EV Insurance: Buy/Renew Nexon EV Car Insurance

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Electric cars are relatively new in India. Despite that, Tata Nexon EV, the electric variant of Tata Nexon, made a bold entry into the Indian car market in 2020. Its modern design, exceptional performance and attractive features make it a compelling car to buy. Nevertheless, if you buy it, you should also plan to financially protect yourself against potential accident scenarios. Read on to know about Tata Nexon EV insurance and why it's beneficial to buy/renew car insurance online.

Types of car insurance plans for Tata Nexon EV cars

ACKO offers the following insurance plans for Tata Nexon EV cars.

1. Third-party cover

Covers third-party liabilities including injury/death to a third person or damages to their vehicle or property.

2. Own Damage Cover

Covers damages to your Nexon EV caused due to accidents, natural or man-made calamities, fire, vehicle theft and total loss.

3. Comprehensive - Basic

Offers the benefits of both a Third-party cover and an Own Damage cover.

4. Comprehensive - Super Saver

Offers the coverage of a Comprehensive Insurance Plan with an additional facility of free pick up and drop for claim related repairs.

5. Zero Depreciation - Basic

Aka “bumper to bumper plan”, it offers the coverage of a Comprehensive - Basic plan and additionally covers the depreciation cost of car parts.

6. Zero Depreciation - Smart Saver

Offers the benefits of a Zero Depreciation - Basic plan at a lower cost. However, during a claim, you have to pay Rs.5000 from your end.

7. Zero Depreciation - Super Saver

Offers the benefits of both a Comprehensive - Super Saver and a Zero Depreciation Plan.

Note: The above-mentioned plans are subject to availability.

What’s covered in Tata Nexon EV insurance (inclusions)

The following are the inclusions under a Comprehensive Tata Nexon EV Car Insurance Plan.

Damages incurred during an accident
Damages made by natural calamities like cyclones, floods, earthquakes, etc.
Damages incurred due to manmade calamities like fires, riots, vandalism, etc.
Injury, death or property damage incurred by a third party due to an accident
Theft of the insured Tata Nexon EV
Other inclusions if you select add-ons

Important note: A Personal Accident (PA) cover is not an inclusion under a Comprehensive Tata Nexon EV Car Insurance Plan. However, it is mandated by law to buy one. A PA cover provides financial coverage for accidental disability or death to the insured caused due to an accident

What’s not covered in Tata Nexon EV insurance (exclusions)

The following are the exclusions under a Comprehensive Tata Nexon EV Car Insurance Plan.

Damages incurred while driving under the influence of intoxicating substances
Damages incurred while taking part in illegal racing
Damages incurred while driving neglecting traffic rules
Damages incurred while driving without valid car documents
Damages incurred due to the wear and tear of car parts
Damages incurred as a result of electric or mechanical malfunctions
Damages incurred beyond the geographical areas defined in the policy

Add-ons for Tata Nexon EV insurance

The following are the car insurance add-ons commonly offered for Tata Nexon EV.

Engine Protection Cover
Outstation Emergency Cover
Return to Invoice Cover
Personal Accident Cover
Key Replacement Cover
Zero Depreciation Cover
Roadside Assistance Cover
Consumables Cover
No Claim Bonus (NCB) Protection Cover

Disclaimer: The above-listed add-ons are subject to availability.

ACKO’s claim process

Raising claims with ACKO is simple. You just have to follow the below easy steps.

Step 1: Log in to your ACKO account on our official website or mobile app.

Step 2: Track down your insured car’s policy card and click “Claim Now”.

Step 3: Then, respond to the questions that are displayed on your screen and upload pictures of the damages. After that, click “Submit Now”.

Why ACKO?

ACKO is an Insurance Regulatory and Development Authority of India (IRDAI) certified, leading digital insurance provider in India. The following are the reasons why you could consider buying ACKO’s car insurance for your Tata Nexon EV.

Affordable insurance

Since ACKO is a 100% digital insurance provider, it has a direct-to-customer transaction model. This allows us to directly interact with our customers, bypassing middlemen. The resulting costs saved, enable us to lower the Tata Nexon EV Insurance Cost.

Free transportation facilities

ACKO offers a free pick up and delivery facility for insured cars that have requests raised for repairs. The pickup will be within an hour of the request and delivery will be within three working days. However, this is available only in certain cities.

Same day claims

ACKO offers super-fast claim settlements. If you raise car insurance claims for minor damages to your insured Nexon EV, it will most likely be settled within a few hours. More severe damages may take a bit longer but will be settled as soon as possible.

Specifications of Tata Nexon EV

The following are the key specifications of a Tata Nexon EV.

Details	Specifications
Engine	Permanent Magnet Synchronous Motor
Power	129 PS
Torque	245 Nm
Gearbox	Automatic
Battery	30.2 kWh High energy density Lithium-ion
Seating capacity	5

Variants of Tata Nexon EV: Ex-showroom price and fuel type

To know more about Tata Nexon EV price in India, check out the below table.

Variant	Gearbox	Price (ex-showroom)
Tata Nexon XM	Automatic	Rs. 14.29,000
Tata Nexon XZ+	Automatic	Rs. 15,70,000
Tata Nexon Dark XZ+	Automatic	Rs. 16,04,000
Tata Nexon XZ+ Lux	Automatic	Rs. 16,70,000
Tata Nexon Dark XZ+ Lux	Automatic	Rs. 16,90,000
*Prices are as of 02 March 2022.

Frequently asked questions

The following are some of the common questions asked regarding Tata Nexon EV insurance.

What is ACKO’s Tata Nexon EV insurance price?

The policy premium charged for a car is dependent on the car’s age, make/model, IDV value, etc. Thus, the specific rate may vary from car to car. However, since we work with a direct-to-customer model, we are able to offer extremely affordable policy premiums. So, you can get the best deal on your Tata Nexon EV insurance if you opt for ACKO’s insurance.

Why should I buy Tata Nexon EV insurance from ACKO?

The following are the reasons that make ACKO the best choice for buying your Tata Nexon EV insurance.

Affordable policy premiums
Plans tailor-made to your needs
Efficient and reliable claims support
Instant transactions
ACKO is licenced by IRDAI (Registration number 157)

What does the term “IDV” mean in Tata Nexon EV car insurance calculation?

IDV, abbreviated as Insured Declared Value, refers to the financial estimate of the car’s value. Usually, the IDV is set at the current market value of the car. So, in case of theft or total damage to the insured car, your insurer will pay you this sum as compensation. Tata Nexon EV insurance cost is dependent on the IDV value selected.

It is important to note that this compensation is only applicable in a Comprehensive Car Insurance Plan. It does not apply to a Third-party Car Insurance Plan.

Car Insurance for Other Tata Car Models/Variants:

Tata Nano Car Insurance	Tata Sumo Car Insurance	Tata Xenon Insurance	Tata Zest Car Insurance
Tata Indica Car Insurance	Tata Indigo Car Insurance	Tata Tigor Car Insurance	Tata Harrier Car Insurance
Tata Tiago Car Insurance	Tata Safari Car Insurance	Tata Safari Storme Car Insurance	Tata Bolt Car Insurance
Tata Altroz Car Insurance	Tata Nexon Car Insurance	Tata Hexa Car Insurance	Tata Punch Car Insurance
Tata Nexon EV Car Insurance	Tata Tigor EV Car Insurance	Tata Tiago NRG Insurance