BYD Car Insurance

BYD cars feature cutting-edge electric and hybrid technologies and are preferred by many car enthusiasts. But after purchasing it, you must protect your car with a suitable BYD car insurance policy to get coverage against typical risks like accidents, theft, natural disasters, and third-party liabilities. With rising repair costs, the right car insurance ensures peace of mind and legal compliance.

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About BYD

In 2022, BYD entered the Indian passenger car market with the Atto 3 SUV. BYD is popular for its electric and new-energy vehicles that provide premium electric mobility, advanced safety systems, and long-term sustainability. It is a high-tech automobile company present across 6 continents. In 2024 , its annual revenue was over 100 billion USD.

Popular BYD Models with Insurance Prices

Check out this table to know how much you need to pay for a car insurance of various BYD car models.

*Disclaimer: Premiums shown are approximate values for a new car registered in 2026 with 0% NCB and DL1 RTO. The exact premium may vary based on vehicle details, coverage chosen, add-ons, insurer terms, and applicable IRDAI regulations.

Why is BYD Car Insurance Important?

Take a look at the reasons listed here to understand why you must have electric car insurance for your BYD vehicles:

1. Mandatory Requirement

   All vehicles plying on Indian roads must have at least a valid third-party car insurance as per the Motor Vehicles Act, 1988. If you do not follow this rule, you may be levied traffic challans and your BYD car may also be impounded by the authorities.

2. Reduce Repair Costs

   Any repair or replacement of the advanced EV parts in a BYD car, such as high-voltage batteries and electronic systems, can be quite expensive. The suitable car insurance policy will cover the repair expenses and reduce your financial burden significantly.

3. Risk Coverage

   A motor insurance policy also covers risks the insurance BYD car may suffer due to accidents, natural disasters, fire damage, or theft. Avalid car insurance policy provides financial cover against such unpredictable events and reduce your out-of-pocket expenses.

BYD Car Insurance Premium

Insurers typically consider the following factors to calculate your BYD car insurance premium:

• Insured declared value (IDV)
• Fuel Type (Electric vehicles are rated differently from petrol or diesel cars)
  Car model and variant
• Age of the car
• Driving history and usage
• Geographic location and RTO
• Claim history
• Type of coverage
• Add-ons selected
• No-claim Bonus (NCB)

You can also use a car insurance premium calculator to get an estimate of your BYD car insurance premium.

BYD Car Insurance Add-ons

You can enhance the coverage of your standard car insurance policy by including optional add-ons at an additional premium. Here are a few EV car insurance add-ons that you can consider for your BYD car:

1. Battery Protection Cover

   This add-on helps to pay for damages incurred by the car battery due to water ingress, short circuit, etc..

2. Roadside Assistance Cover

   The RSA add-on provides emergency services, such as towing to the closest charging point, emergency battery charging via portable charger, flat tyres, etc., in case your car breaks down.

3. Return to Invoice Cover

   In the event of total loss or theft, the RTI add-on ensures you receive a reimbursement of your car's original invoice price, including registration and taxes paid, without depreciation deductions.

How to Buy/Renew BYD Car Insurance Online?

Follow these steps to buy or renew your motor insurance policy online from Policybazaar.com:

• Step 1: Visit the homepage and select 'Car Insurance'.
• Step 2: Put in your car registration number and click 'View Prices'. For a new car, select the brand new car insurance option.
• Step 3: Fill out the required details such as your vehicle make and model, fuel type, and registration city. Type your name and phone number. Click 'View Prices'.
• Step 4: You can check out various policies from different insurers on your screen.
• Step 5: Verify your details, select your add-ons, and tap 'Pay Securely'.
• Step 6: Pay the premium online after filling in the necessary information.

You will receive your policy documents in your email after your payment is completed.

Benefits of Buying BYD Car Insurance from Policybazaar

By purchasing your BYD car insurance online through Policybazaar, you can enjoy these advantages:

1. Instant Premium Comparison: You can easily compare quotes from various insurers all in one spot. This makes it simple to find the most affordable policy that gives you the coverage you need.
2. Customisable Coverage: You can choose add-ons that fit your driving habits and needs. This way, you can enhance your coverage to match your insurance requirements perfectly.
3. Paperless & Quick Process: You need only an identity verification document to complete your KYC process after buying your car insurance policy. This helps in reducing unnecessary paperwork and makes the process fast.
4. 24x7 Claim Support: You even get a dedicated claim or a relationship manager to help you with your queries.

How to Raise a Claim under BYD Car Insurance?

You can easily file a claim on your car insurance policy by using these steps:

• Step 1: Inform your insurer about the damage.
• Step 2: File an FIR (if applicable) at a police station near you.
• Step 3: An insurance surveyor will verify the damages and approve the repairs.
• Step 4: For a cashless claim, take your car to an authorised garage on your insurer's network for repairs. If it is a reimbursement claim, get your car repaired at any garage and submit the bills for reimbursement.

Your insurer will pay the garage or give you a reimbursement of the repair expenses after your claim is processed.

Documents Required to Raise BYD Car Insurance Claim

You need to submit the following documents to file a claim on your BYD car insurance policy:

• Duly filled and signed claim form
• Original car keys (Theft claims)
• Copy of car insurance policy
• Driving licence of the driver
• RC copy of the vehicle
• FIR (if required)
• Repair bills and estimates