Liberty General Insurance Launches Tailored Insurance Solutions for Tesla Owners in India
Partnership Aims to Redefine EV Protection with Customized Coverage
Mumbai, July 15, 2025 – In a strategic move to bolster India’s electric vehicle (EV) ecosystem, Liberty General Insurance Ltd. (LGI) has become one of the preferred insurance providers for Tesla in the country. As Tesla rolls out its cutting-edge electric vehicles in India, LGI’s specialized EV insurance solutions promise Tesla owners seamless, future-ready protection designed to match the brand’s innovation.
This collaboration underscores a shared vision—transforming vehicle ownership through intelligent design, digital-first support, and solutions tailored for the evolving EV landscape. Liberty’s insurance offerings are meticulously crafted to align with Tesla’s engineering excellence while addressing the unique needs of electric vehicle users.
Key Features of Liberty’s EV Insurance Plan
1. EV Secure
A comprehensive cover for essential charging infrastructure, including cables, wall-mounted units, and adaptors, ensuring Tesla owners are protected against damage or theft.
2. Battery Secure
An add-on cover specifically designed to safeguard Tesla’s high-voltage batteries, offering specialized support for repair and replacement to ensure long-term performance and owner peace of mind.
3. Liberty Complete Assistance
An enhanced roadside support package for EVs, featuring on-the-spot charging, flatbed towing, hydra services, temporary accommodation, and travel arrangements—ensuring uninterrupted convenience for Tesla owners.
Additionally, Liberty has introduced premium, customizable add-ons such as:
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Full Depreciation Shield
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Gap Value Protection
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Coverage for consumables and tires
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Key replacement cover
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Personal belongings protection
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EMI support
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Passenger assistance benefits
These features are designed to seamlessly integrate with Tesla’s premium ownership experience—offering discreet, dependable, and hassle-free protection.
A Step Forward in India’s Electric Mobility Journey
Mr. Parag Ved, CEO & Whole-Time Director of Liberty General Insurance Ltd., emphasized the significance of this partnership:
“Tesla’s entry into India represents far more than the arrival of a global automotive icon—it marks the beginning of a new era of mobility. At Liberty, we’re deeply honoured to be among Tesla’s preferred insurance providers for the Indian market. We see this as a moment of transformation, not just in how we drive, but in how we protect, serve, and anticipate the needs of the next generation of motorists.”
He added, “Our EV-specific offerings are thoughtfully engineered from the ground up to complement the electric driving experience. Whether it’s safeguarding high-voltage batteries, offering roadside recharging, or simplifying claims through our digital-first platform, we have reimagined insurance for a more intuitive, elevated future.”
Ved further noted that the initiative aims to encourage broader adoption of sustainable vehicles by making insurance smarter, adaptive, and seamless. “It’s more than a policy—it’s a commitment to forward motion, with purpose and precision,” he said.
About Liberty General Insurance
Liberty General Insurance Ltd. (LGI) is a joint venture between Summit Asia Investment Holdings PTE Ltd. (a Liberty Mutual Insurance Group company), Enam Securities, and Diamond Dealtrade. Since commencing operations in 2013, LGI has provided comprehensive retail, commercial, and industrial insurance solutions across India.
With over 1,100 employees and a presence in 95+ locations across 28 states and union territories, LGI boasts a robust partner network of 6,000+ hospitals and 5,400+ auto service centers. The company offers a wide range of insurance products, including health, personal accident, motor, commercial, marine, and property insurance.
This partnership with Tesla reinforces Liberty General Insurance’s commitment to advancing India’s electric mobility future—where technology and trust go hand in hand.