[AdhikR]

I was looking at the BMW iX1 LWB and the insurance comes to Rs. 3.5 lakh per the dealer's quote. This seems super steep for a Rs 49L car - almost 7% of the vehicles value. My thumb rule has always been around 3.5%. Is insurance really that much higher on luxury EVs?

[na_agrawal]

Originally Posted by ghodlur

I have chosen this option for my car's insurance for this year from Reliance. Its called Pay as you Drive option and I have opted for 10.5k kms. The addons as seen in the premium quote attached are exactly the same which I also opted for.

Originally Posted by Aviator_guy

There is no perfect answer so it is risk either ways (you pay more for zero dep but don't end up claiming or you don't opt for it and need major repair). You can take a call based on which risk you are willing to live with.

Originally Posted by ghodlur

Suggest to get the Zero dep one for that extra peace of mind

Thank you to both of you for clearing my head.

I finally went ahead with an unlimited kms ZERO DEP policy + 24x7 RSA support along with tyre and rim add-on given as a freebie for my, now, 8 year old Hyundai I20 Active. I am planning a Pune to Himachal drive this year and wanted complete peace of mind.

Thanks again!

[ghodlur]

Originally Posted by AdhikR

I was looking at the BMW iX1 LWB and the insurance comes to Rs. 3.5 lakh per the dealer's quote. This seems super steep for a Rs 49L car - almost 7% of the vehicles value. My thumb rule has always been around 3.5%. Is insurance really that much higher on luxury EVs?

Would suggest to shop for insurance from outside as dealer quotes are generally spiked up ones. Try online comparators to get an approximate quote and check if the dealer can match the quotes.