Ola Electric Bike Price and Smart Insurance Tips

Posted on: Jun 23, 2025 | 3 mins | Written by: HDFC ERGO Team

Ola Electric Bike Price and Smart Insurance Tips

Introduction

In India, the electric vehicle revolution is accelerating, and Ola Electric has established itself as a leader in this change. With an impressive lineup from budget-friendly options to premium electric motorcycles, Ola caters to diverse riding needs nationwide. Just like traditional motorcycles, electric bikes require mandatory insurance under the Motor Vehicles Act, 1988. With Ola's growing popularity, understanding insurance specifics for these vehicles becomes crucial. Let’s explore the Ola electric bike cost and insurance tips in this blog.

Ola Electric Bike Cost

Ola offers something for every rider with models ranging from the affordable Gig to the premium Roadster Pro. Here’s the complete list of Ola electric bike cost:

• Ola S1 Pro: Rs. 1.16 - 1.36 Lakh (ex-showroom)

• Ola S1 X: Rs. 65,499 - 92,999 (ex-showroom)

• Ola Roadster: Rs. 1.05 - 1.40 Lakh (ex-showroom)

• Ola S1 Z: Rs. 59,999 - 64,999 (ex-showroom)

• Ola S1 X Plus: Rs. 1.10 Lakh (ex-showroom)

• Ola S1 Air: Rs. 89,999 (ex-showroom)

• Ola Roadster X: Rs. 84,999 - 1.05 Lakh (ex-showroom)

• Ola Gig: Rs.39,999 - 49,999 (ex-showroom)

• Ola Roadster X+: Rs. 1.15 - 1.85 Lakh (ex-showroom)

• Ola S1 Pro Plus: Rs. 1.48 - 1.88 Lakh (ex-showroom)

• Ola Roadster Pro: Rs. 2 - 2.50 Lakh (ex-showroom)

Coverage & Renewal Tip for Ola Electric Bike

Selecting suitable coverage is crucial for comprehensive protection. While third-party insurance meets legal requirements, comprehensive coverage offers better protection against theft, accidents, natural calamities, and liability claims. Given Ola's premium pricing, complete coverage becomes particularly valuable. Consider adding appropriate add-ons to your coverage to improve it. Here are some key add-ons you can consider:

• Zero depreciation cover ensures that you get the full amount of your claim without any reductions for depreciation.

• Emergency roadside assistance becomes useful for long-range models like the Roadster Pro, with its 316 km range.

• Battery-specific coverage is important since replacement costs can be substantial.

Here are some smart renewal strategies:

• Maintain a claim-free record to earn a No Claim Bonus up to a 50% discount.

• Renew before policy expiration to avoid mandatory car inspection requirements.

• Purchase straight from insurance companies to get better rates and avoid agent commissions.

• Compare different insurers online for competitive premium rates.

Conclusion

The digital age has made purchasing two wheeler insurance online incredibly easy for Ola electric bike owners. Online platforms offer instant policy issuance, competitive premium rates, and easy comparison tools that help you find the best coverage for your unique Ola model. At a minimum, third party two wheeler insurance is legally required for all Ola electric bikes operating on Indian roads. This coverage saves you from financial liability in case of accidents involving other vehicles or property damage.

Disclaimer: The above information is for illustrative purposes only. For more details, please refer to the policy wordings and prospectus before concluding the sales.

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