Volvo EC 40 Car Insurance

Upto 85% off on Volvo EC 40 Car Insurance

Buy or Renew Volvo EC 40 Car Insurance Online in 2 Minutes ⚡️

Car number

Getting a brand new car?

Save up to ₹40,000* on your insurance

Home / Car Insurance / Volvo Car Insurance  / Volvo EC 40 Car Insurance

The Volvo EC40 is a premium electric SUV that blends bold Scandinavian design with advanced technology and dynamic performance. With an impressive driving range of up to 530 km, it offers a refined, smooth, and future-ready driving experience. Given its cutting-edge features, high-value components, and specialised repair requirements, securing the right car insurance becomes especially important. 

A comprehensive Volvo EC40 car insurance policy protects you against accidents, theft, natural calamities, and third-party liabilities. It also helps manage potentially high repair expenses, including those related to EV-specific parts like the battery system. Choosing suitable add-ons can further strengthen coverage and optimise long-term ownership costs.

Model Specifications of Volvo EC 40
Jump Tag Icon

The table below highlights the model specifications of the Volvo EC 40 car:

Specification

Details

Body Type

SUV (fully electric) 

Battery Capacity

78kWh

Electric Motor Power

~402.3 bhp (≈ 300 kW)

Torque

660 Nm

Driving Range (claimed)

Up to 530 km

Transmission

Automatic 

Charging (AC)

~8 hours (11 kW AC) 

Fast Charging (DC)

27m DC Fast Charging Time (10-80%)

Dimensions (L×W×H)

1, 591 mm * 1, 873 mm * 4, 440 mm

Ground Clearance

NA

Safety Features

12.3-inch driver display, Pilot Assist, Pixel LED headlights

Infotainment

Google built-in (Assistant/Maps/Play), wireless phone charging

Inclusions and Exclusions in the Volvo EC 40 Insurance Policy
Jump Tag Icon

Inclusions (What’s Covered)

Exclusions (What’s Not Covered)

Theft of the insured Volvo EC 40 Car Insurance

Drinking alcohol, drugs and driving

Damage due to natural disasters

Mechanical and electrical failure

Complete loss and irreparable damage 

Normal wear and tear 

Damage due to man-made factors

Damage to the car was intentionally or deliberately caused 

Accident-related damages

Consequential losses 

Fire and explosion-related damage 

Driving without valid documents 

Injury and death of a third party 

Over-speeding and illegal racing 

Property damage of third party 

Commercial purpose use without endorsement 

Personal accident cover 

Damage outside geographical limits 

Coverage through chosen add-ons 

Losses not included under add-ons

Insurance Premium for Third-Party Car Insurance Policy
Jump Tag Icon

In India, third-party car insurance premiums are regulated by the Insurance Regulatory and Development Authority of India (IRDAI), including rates for electric vehicles. To support the adoption of electric mobility, IRDAI offers a 15% lower premium for private electric cars compared to petrol and diesel vehicles. This benefit applies to models like the Volvo EC40. 

The table below highlights the IRDAI-approved third-party insurance premiums for electric vehicles for one-year and three-year policy durations.

Vehicle Type (Battery Power)

Premium for 1-Year Policy

Premium for 3-Year Policy

Less Than 30 kW

₹ 1,780

₹ 5,543

More Than 30 kW Less Than 65 kW

₹ 2,904

₹ 9,044

More Than 65 kW

₹ 6,712

₹ 20,907

Volvo EC 40 Car Insurance Price (2026)
Jump Tag Icon

Here is the table displaying the price details for Volvo EC 40 car insurance, starting from ₹42,178 onwards, based on the chosen car variant, IDV and coverage.*

Car Variant

Zero Dep Cover

Comprehensive Plan

IDV

Volvo E80 Electric

₹93,866

₹63,449

₹56.05 Lakh

* These prices are exclusively for ACKO customers.

Note: All plans include 1-year Own Damage and 3-year Third-party coverage.

Add-ons for Volvo EC 40 Insurance
Jump Tag Icon

icon

Roadside Assistance Cover
Jump Tag Icon

With roadside assistance cover, avail 24*7 emergency assistance, including towing services during a car breakdown. Call ACKO if your car breaks down on the road after an accident. 

icon

Zero Depreciation Cover
Jump Tag Icon

Choosing this policy ensures that during claim filing, there will be no depreciation applied to car replacement parts. This leads to low expenses.

icon

Outstation Emergency Cover
Jump Tag Icon

This cover provides cost compensation if your car breaks down and you are stranded on the road. This is applicable in cases of an accident outside 100km from your place of residence. The approximate repairing time is 12 hours or more.

icon

No Claim Bonus Protection Cover
Jump Tag Icon

A No Claim Bonus (NCB) protection add-on keeps the NCB discount same even after filing a claim. Choosing this add-on, you can file a claim and avail a No Claim Bonus of up to 50% on car insurance renewals.

icon

Return to Invoice Cover
Jump Tag Icon

Choosing the Return to Invoice (RTI) cover, you expect to receive the original value of your car in case there is a complete loss or theft of your vehicle.

icon

Personal Accident Cover for Passengers
Jump Tag Icon

This add-on provides insurance to the passengers in your car if met with an accident that leads to death or permanent disability. This add-on offers a sum insured option of ₹1 Lakh/passenger. 

icon

Key Replacement Cover 
Jump Tag Icon

If the keys of your car are stolen, lost or damaged, opt for the key replacement cover. Choosing this add-on reimburses the costs of key replacement. Thus, you need not worry about keys getting replaced in the future.

icon

Consumables Cover 
Jump Tag Icon

Usually, the costs relating to nuts, bolts, screws, distilled water, oil filter, grease, washers, brake oil, and other items of a similar category are not covered during claim settlement. But with the consumables add-on, these costs are covered.

Types of Car Insurance Plans for Volvo EC 40
Jump Tag Icon

icon

Third Party Car Insurance Policy
Jump Tag Icon

As per the Motor Vehicles Act, 1988, it is mandatory to install a third-party car insurance policy if you own an electric vehicle. This plan offers coverage for any liabilities arising from third-party injuries or damage to property caused by your electric vehicle. Keep in mind that this policy doesn't provide you coverage for accidental damage to the vehicle.

icon

Comprehensive Car Insurance Policy
Jump Tag Icon

Opting for a comprehensive car insurance policy is beneficial for any electric vehicle. It offers coverage for both the third party as well as own damage. In case your Volvo EC 40 electric vehicle is damaged due to flood, storm and other accidents, ACKO will pay for the costs of materials as stated in the terms and conditions of the policy.

Why Choose ACKO for Volvo EC 40 Car Insurance?
Jump Tag Icon

ACKO offers convenient and affordable EV insurance products, which are well-suited for Volvo EC 40 owners. Here are the key reasons for choosing ACKO:

  1. No Paperwork: With Volvo EC 40 car insurance online, there is minimal paperwork, as everything can be completed online. 

  2. Faster Claim Process: ACKO provides a faster claim process for minor claims to settle following the terms and conditions of the policy. 

  3. Affordable Premiums: The Volvo EC 40 car insurance premium price is low, with premiums at just ₹2,094. 

  4. 4000+ Network Garages: Avail access to 4000+ cashless network garages to repair your Volvo EC 40 car without paying upfront. 

  5. One-Hour Pickup for Repair: ACKO ensures a smooth repair and claim process with free pickup and drop-off service. 

  6. 24*7 Customer Support: If your car meets with an accident, contact 24*7 customer support. 

Instant Insurance Policy Renewal: Install the ACKO mobile app or visit the official website for instant renewal of Volvo EC 40 car insurance. 

How to Buy a Volvo EC 40 Insurance Policy Through ACKO?
Jump Tag Icon

Here is the step-by-step process to follow for buying the Volvo EC 40 insurance policy through ACKO:

Step 1: Select the “Check Prices” located at the top of the page. 

Step 2: Fill in all relevant details of your car, which includes make, model, type of fuel, variant, and date of delivery. Once you complete, click on the "Continue" button. 

Step 3: Provide your 10-digit mobile number and PIN code, then click on the “View Plans” option. 

Step 4: Select the insurance plan you want to choose and then click on the "Customise" option. 

Step 5: Choose the add-ons and then click on the "Proceed" button. 

Step 6: Include the mandatory coverage of personal accident, and then click on the "Continue" button. 

Step 7: Change the Insured Declared Value (IDV) as per your choice. 

Step 8: Fill out all vehicle and personal information details, such as the engine number, RTO, and chassis number. 

Step 9: Go through the information once more. After the Volvo EC 40 car insurance review of the final premium amount, make sure to make the payment to get insured instantly. 

How to Renew Volvo EC 40 Car Insurance?
Jump Tag Icon

You can extend your policy benefits by renewing it annually. Follow the detailed step-by-step guide for the Volvo EC 40 car insurance policy renewal process through ACKO:

Step 1: Open the ACKO official website.

Step 2: From the Renewal section, select ‘car insurance renewal’.

Step 3: Log in to your account by giving your registered mobile number and OTP.

Step 4: Provide your Volvo EC 40 car insurance policy information if required.

Step 5: Check for any updates in your policy.

Step 6: Make the policy renewal payment.

Step 7: Receive your policy renewal confirmation via email.

How to File a Claim for Your Volvo EC 40 Car Insurance Policy?
Jump Tag Icon

Follow these steps for your Volvo EC 40 car insurance claim process through ACKO:

Step 1: Go to the ACKO official website.

Step 2: Log in with your registered mobile number and OTP.

Step 3: Click on the claim button on your policy card.

Step 4: Enter your Volvo EC 40 car insurance damage details and photos, along with other necessary documents.

Step 5: Once approved, ACKO will settle your claim.

Frequently Asked Questions on Volvo EC 40 Car Insurance
Jump Tag Icon

FAQs

Icon

1. Does insurance include the battery cover for the Volvo EC 40?

Yes, the majority of comprehensive policies include better coverage if your car is damaged due to an accident, natural disaster or fire explosion. However, normal wear and tear and battery degradation are not included. 

2. Is EV expensive compared to petrol and diesel cars?

Yes, EV is slightly expensive compared to other petrol and diesel cars due to its expensive components such as advanced electronics and battery. The premium costs depend entirely on the selected add-ons and Insured Declared Value (IDV). 

3. Which add-ons to consider for my Volvo EC 40 car insurance?

The add-ons to consider for my Volvo EC 40 car insurance are roadside assistance, return to invoice cover, battery protection, zero depreciation and others. 

4. How can I reduce the premium price for my Volvo EC 40 car insurance?

To reduce the premium price for your Volvo EC 40 car insurance, install anti-theft devices, go for a No Claim Bonus (NCB) and choose other voluntary deductibles. 

5. Is a cashless repair service available for my Volvo EC 40?

Yes, insurers provide cashless claims for Volvo EC 40 car insurance only at network garages. The insurer in this case settles the bill instantly, making the claim process easier and quicker. 

Nikhila PS profile avatar

Written by

Nikhila PS

Senior Content Editor

Rekhit Singh Kaushal profile avatar

Reviewed by

Rekhit Singh Kaushal

Senior Director - Motor Underwriting