EV insurance repair claims cost 14% more than petrol, diesel cars
In short
Mint Money says electric car repair claims under insurance cost 14% more on average than similar petrol or diesel car claims.
The gap gets wider during monsoon conditions. The summary does not say which models, insurers or parts explain the higher cost.
What the reporting says
Mint Money says electric car insurance claims cost 14% more on average than comparable petrol and diesel car claims, with costs rising further during monsoon conditions. The summary does not state which vehicles, insurers or repair parts drove the difference, and it does not give a time period for the comparison. The immediate consequence is potentially higher repair bills for EV owners and insurers.
Why it matters
Mint Money reports that EV insurance claims for repairs average 14% more than comparable petrol and diesel car claims, and that monsoon conditions push costs higher. The summary does not explain the exact reasons, vehicle types or insurers involved. This matters for EV owners, insurers and repair networks because it can affect premiums, claim costs and ownership expenses.