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Business

EV insurance claims cost 14% more, battery cover adoption hits 70%: Report

Business Standard ·
EV insurance claims cost 14% more, battery cover adoption hits 70%: Report

Monsoon claim costs average nearly Rs 65,000, while Tier-II cities report 33 claims per 100 insured EVs against 30 in Tier-I cities, Policybazaar data show.

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