GA Insurance Limited Unveils the First Comprehensive Electric Vehicle Insurance Cover& Carbon Neutral Insurance Product in Kenya

GA Insurance Ltd, the 3rd largest general insurer in Kenya launched and unveiled the first-ever Comprehensive Insurance Cover tailored exclusively for Electric Vehicles (EVs) in Kenya.

The GA Eco Drive Cover insures all segments of electric vehicles including E – bikes. The adoption of electric vehicles in Kenya has been on a steady rise, with a remarkable 108% increase in Electric vehicle sales during the 2022-2023 financial year and as per Government of Kenya’s plans 5% of registered vehicles would be EVs by 2025.  Therefore, this groundbreaking product is designed to cater for the emerging risks faced by the E Mobility ecosystem in Kenya and reinforces the company’s commitment to sustainability by designing innovative risk transfer solutions.

Key Features and Benefits of the GA ECO Drive Insurance Cover include:

  1. Battery Cover – meeting the cost of repairing or replacing the battery in case of theft or accidental damage.
  2. Charging Cable Cover – protection of the charging cables from theft or accidental damage.
  3. Cover for Private Charging Station – Reliably safeguards charging stations against unexpected damage or theft.
  4. Out of Charge Recovery Benefit – with the cover, GA will assist to get the customer to the nearest charging point within the shortest time possible in case the car runs out of charge.
  5. Autonomous Driving Cover – covers accidents occurring when using self- driving features
  6. Cyber Attack Coverage – In today’s digital world, cyberattacks can target vehicle’s electronic system. GA Eco Drive protects from these online threats if they cause damage while using self-driving features of the car
  7. In-car Entertainment Unit and Satellite Navigation Systems Cover – In case of any theft or accident, GA shall facilitate settlement as per the claim details.
  8. Cover for injury and damage caused by charging cables any damage caused by the charging cable to third party individuals or third-party property will be covered up to the limit provided.

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