EVs are the next big thing in the automobile industry with an influx of new companies trying to make electric vehicles more affordable and accessible. Given the increasing regulations against Internal Combustion Engines (ICE) along with a growing awareness around sustainable and green tech, EVs are all set to replace our ageing motor vehicles. With the current trends, EVs could very well become the primary vehicles of choice, especially for short-distance travels. But what about insuring them?With so little historical data, insurance for EVs is still in its fledgling state. In this episode, we discuss EV insurance with Adarsh Agarwal, Chief Distribution Officer - Corporate Business at Digit Insurance. If you are looking to buy an EV, here's everything you need to know!Quick links:1) How can insurers leverage the growing EV segment? (02:06)2) How easy is it to insure an EV in India today? (04:19)3) Top 3 things that concern insurers when it comes to insuring EVs (06:59)4) Is it mandatory for all electric vehicles to have a third-party insurance? (09:40)5) EVs are relatively expensive. Will insurers resort to higher premiums? (10:45)6) Will insurers have to look at a different way of arriving at the Insured Declared Value (IDV) for EVs? (12:21)7) Given the lack of adequate historical data, will premiums become extremely dynamic? (14:10)8) What's happening globally? (16:35)9) On distribution strategy of EV insurance products (19:21)10) Will the government's Battery Swapping Scheme accelerate the uptake of EVs? (20:44)

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