Viriyah EV Class 1 insurance (dealer repair) for new cars (red plates), from THB 18,900
- Published: 12 October 2026
Viriyah EV Class 1 insurance (dealer repair) for new cars (red plates), from THB 18,900
Premium data as of 11 October 2026 · compiled by Prakanthai.com
Underwritten by Viriyah Insurance Public Company Limited
Premiums from THB 18,900–154,000 per year, depending on the model (private use)
Highlights: Class 1 dealer repair for new EVs (red plates), with a premium table of 45 entries set model by model, from Wuling to BMW i7
You have just booked your first electric car. The salesperson says it comes with free insurance, but when you ask for details, the only answer is “Class 1, dealer repair”. Nobody tells you the sum insured, or what you would pay if you bought the insurance yourself.
If you want to compare it with the free insurance, or your car didn't come with any, how does Viriyah price its EV insurance for new cars (red plates), and what are the conditions?
Viriyah EV Class 1 insurance for new cars (red plates): who is it for, and how much is the premium?
In short: Viriyah Insurance's EV Class 1 dealer-repair insurance for new cars (red plates) suits people who have just bought a new electric car whose model is in the insurer's table and who want dealer repair from the first year. It covers damage to the car, theft and fire up to the sum insured, plus third parties. Premiums start at THB 18,900 per year for private use (Wuling, VOLT; data as at 11 October 2026). Your actual premium depends on the model, the sum insured and the driving records of the named drivers.
What does Viriyah EV insurance for new cars (red plates) cover?
| Coverage | Limit | Conditions |
|---|---|---|
| Damage to the car | Up to the sum insured | Dealer repair |
| Theft / fire | Up to the sum insured | Sum insured: 80% of the car's value |
| Third-party bodily injury or death | THB 1,000,000 per person Up to THB 20,000,000 per accident in total | – |
| Third-party property | THB 5,000,000 | – |
| Personal accident | THB 200,000 per person | 1 driver + 6 passengers (VOLT FOR-TWO: 1 passenger; VOLT FOR-FOUR and Wuling: 3) |
| Medical expenses | THB 200,000 per person | Same number of seats as above |
| Driver bail bond (criminal cases) | THB 2,000,000 per accident | VOLT and Wuling THB 600,000 |
Roughly how much is Viriyah EV insurance for new cars (red plates)?
Total annual premiums from the insurer's table, data as at 11 October 2026, sorted from lowest to highest premium
| Make / model | Sum insured (THB) | Premium, private / business use (THB per year) |
|---|---|---|
| VOLT FOR-FOUR | 320,000–380,000 | 18,900 / 20,800 |
| VOLT FOR-TWO | 270,000–330,000 | 18,900 / 20,800 |
| WULING AIR EV | 320,000–450,000 | 18,900 / 20,800 |
| WULING BINGGUO | 340,000–400,000 | 18,900 / 20,800 |
| OMODA C5 | 670,000–850,000 | 24,700 / 27,200 |
| NETA X | 550,000–720,000 | 26,500 / 29,200 |
| MG ES | 600,000–720,000 | 27,400 / 30,200 |
| JAECOO 6 | 820,000–1,100,000 | 27,500 / 30,300 |
| NETA V | 310,000–370,000 | 27,900 / 30,700 |
| NETA V-II | 320,000–410,000 | 27,900 / 30,700 |
| BYD DOLPHIN (up to 175 hp) | 430,000–510,000 | 29,500 / 32,500 |
| BYD DOLPHIN (over 175 hp) | 530,000–640,000 | 29,500 / 32,500 |
| MG EP | 580,000–690,000 | 29,900 / 32,900 |
| MG ZS EV (up to 175 hp) | 450,000–540,000 | 29,900 / 32,900 |
| MG ZS EV (over 175 hp) | 450,000–630,000 | 29,900 / 32,900 |
| ORA GOOD CAT | 450,000–750,000 | 29,900 / 32,900 |
| AION Y PLUS | 580,000–750,000 | 30,600 / 33,700 |
| BYD ATTO 3 | 600,000–860,000 | 31,300 / 34,500 |
| AION ES | 700,000–840,000 | 31,900 / 35,100 |
| MG 4 (up to 175 hp) | 450,000–870,000 | 31,900 / 35,100 |
| MG 4 (over 175 hp) | 840,000–1,000,000 | 31,900 / 35,100 |
| KIA EV5 | 970,000–1,650,000 | 34,000 / 37,400 |
| AION V | 770,000–930,000 | 34,500 / 38,000 |
| HYUNDAI IONIQ 5 (up to 175 hp) | 1,250,000–1,550,000 | 36,000 / 39,600 |
| HYUNDAI IONIQ 5 (over 175 hp) | 1,350,000–2,200,000 | 36,000 / 39,600 |
| DEEPAL L07 | 810,000–1,100,000 | 36,200 / 39,900 |
| DEEPAL S07 | 840,000–1,100,000 | 36,200 / 39,900 |
| ORA 07 | 820,000–1,150,000 | 36,200 / 39,900 |
| NISSAN LEAF | 1,200,000–1,450,000 | 38,800 / 42,700 |
| BYD SEAL | 750,000–1,100,000 | 42,900 / 47,200 |
| MG MAXUS 9 | 1,850,000–2,400,000 | 46,900 / 51,600 |
| VOLVO EX30 | 1,200,000–1,700,000 | 54,000 / 59,400 |
| KIA EV9 | 2,600,000–3,500,000 | 55,000 / 60,500 |
| MINI COOPER | 1,200,000–2,200,000 | 59,600 / 65,600 |
| VOLVO XC40 / EX40 | 2,000,000–2,400,000 | 59,600 / 65,600 |
| VOLVO C40 / EC40 | 2,100,000–2,500,000 | 64,300 / 70,800 |
| TESLA MODEL 3 | 1,200,000–2,000,000 | 75,400 / 83,000 |
| TESLA MODEL Y | 1,300,000–2,100,000 | 78,000 / 85,800 |
| BMW iX3 | 2,100,000–2,600,000 | 95,200 / 104,800 |
| BMW i3 | 2,800,000–3,300,000 | 101,600 / 111,800 |
| BMW i4 | 2,800,000–4,600,000 | 112,600 / 123,900 |
| BMW i5 | 3,300,000–4,800,000 | 114,800 / 126,300 |
| BMW iX | 3,900,000–5,600,000 | 121,300 / 133,500 |
| BMW i7 | 6,000,000–7,000,000 | 154,000 / 169,400 |
Every figure is a starting premium. The actual premium depends on the model, the sum insured and the insurer's underwriting decision. The quote is what counts.
Worked example: you buy an MG4 for THB 700,000. What are the sum insured and the premium?
Say you buy an MG 4 (up to 175 hp) for THB 700,000, for private use
- Sum insured = 700,000 × 80% = THB 560,000 (within the THB 450,000–870,000 sum insured range)
- Premium THB 31,900 per year, about THB 2,658 a month on average (31,900 ÷ 12)
- If the car is stolen or written off in the first year, you receive the sum insured of THB 560,000. The difference from the car's price, 700,000 − 560,000 = THB 140,000, is not covered
This is an illustration; the actual sum insured and premium are the ones on your quote. The simple rule: if you are still paying off the car, know this difference from day one.
Viriyah EV insurance for new cars (red plates): who is it for?
- People who have just bought a new electric car whose model is in the insurer's table
- People who didn't get free insurance from the showroom, or who want to compare it with the free insurance before taking delivery of the car
- People who buy an EV for business use and want a rate that matches how the car is actually used
- Owners of models that the table for cars aged 2–5 years doesn't include, such as Hyundai IONIQ 5, Kia EV5/EV9, Nissan Leaf, OMODA C5 and JAECOO 6
Who should not buy this plan yet?
- Cars that have been in use for more than 1 year: these use the table for cars aged 2–5 years instead; see Viriyah EV Class 1 insurance for cars aged 2–5 years
- Models not in the table: for example, BYD SEALION 7 is not in this plan's new-car (red plate) table
- People who want a sum insured equal to the car's price: this plan sets the sum insured at 80% of the car's price
- People who don't want to name drivers or share their driving record: this plan requires named drivers and driving-behaviour data
- People who fit a lot of added accessories and don't want to pay a higher premium: added accessories raise the premium
Limits to check before you decide
- You must name 1–5 drivers and send a copy of each one's driving licence, plus their driving behaviour data from the Office of Insurance Commission (OIC). The insurer may adjust the premium or decline cover based on this information.
- The sum insured is set at 80% of the car's value, including standard factory equipment but not added accessories
- Added accessories raise the premium, according to the insurer's premium tariff
- Business-use cars must be rated under code E12, which is for business use only; its premiums are higher than for private use
- The insurer reserves the right to adjust the premium if the car's price changes
Still deciding between an EV and a hybrid? Read Hybrid vs EV vs PHEV vs petrol car: which should you choose?
Want to know the actual premium for your car? What do you need to send?
Send just 2 things
- The booking form or price quotation from the showroom (a new car with red plates has no registration book yet)
- Details of the free insurance from the showroom, if any
Our team will send you a written quote within a business day, showing the sum insured and the total premium, compared with the free insurance so you can see where they differ. If a plan is good value, we will tell you straight. If the conditions differ, we will explain the differences before you pay.
LINE Official: @prakanthai · Tel. +66 2 459 2223
Frequently asked questions
Can I buy insurance before I take delivery of the car?
Yes. Send us the car details from your booking form first, and our team will arrange for the policy to start on the day you take delivery.
Do you have to name drivers for a new car (red plates) too?
Yes. This electric vehicle (EV) insurance plan requires at least 1 and no more than 5 named drivers, with copies of their driving licences and their driving behaviour data.
What will the premium be when you renew for year 2?
Year 2 uses the table for cars aged 2–5 years. According to the tables as at the reference date, most premiums there are lower than in the new-car (red plate) table: for example, a BYD DOLPHIN is THB 29,500 in the new-car table and THB 28,400 in the table for cars aged 2–5 years. The sum insured also goes down as the car gets older.
Where are Teslas repaired?
This plan is dealer repair. To learn about the body shops Tesla certifies, read Tesla Approved Body Shop (TAB)
Can I get compulsory motor insurance (CMI) at the same time?
Yes. Mention it when you ask for a quote. If you want to check that the cover dates line up with your tax renewal first, read New CMI rules from 1 September 2026: match your cover dates to your vehicle tax
Who approves claims: Prakanthai.com or Viriyah Insurance?
Underwriting and claim payments are decided by Viriyah Insurance. Prakanthai.com, as the broker, helps coordinate and follow up for you.
Notes
The coverage and premium information on this page is based on Viriyah Insurance Public Company Limited's premium rate table for Class 1 dealer-repair electric vehicle (EV) insurance for new cars (red plates) as at 11 October 2026, issued under Registrar's Notification No. 45/2567 (2024) on the forms, wording and premium tariff for electric vehicle insurance policies. It is general information and not part of the insurance contract. Premiums and conditions may change as announced by the insurer. Underwriting and claim payments are decided by the insurer. Prakanthai.com is a non-life insurance broker, not an insurer, licence no. 5104000004, providing services since 2004. Please read the policy and the quote in full before deciding.
Price: THB 18,900
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