From cables to batteries to charging, electric vehicles (EVs) need some extra things covered compared to fuel-based cars.
But how does this cover differ? We discuss whether you need specialist insurance, what EV insurance does and other EV insurance questions you may have.
This is one of the most common EV myths. There’s no need to have specialist insurance.
As far as we see it, the risk factors involved with electric car ownership are largely the same as with any other car.
Automation and autonomous driving may change things, but currently, electric car insurance is a natural extension of traditional motor cover.
We classify any cars in the three categories below as an EV:
We don’t charge one type of EV more than the other, but the model of car you drive does influence your cost.
Our Electric Car Insurance offers the same cover level as standard car insurance, but with a few specialist additions. We cover your EV’s battery and charging cable against accidental damage, fire or theft.
Our customers also get access to a 24-hour EV helpline.
This largely depends on what tier of cover you choose. However, the general exclusions for EV insurance are the same as car insurance.
Some of our exclusions include:
You can read our full list of exclusions in our policy books.
We calculate your car insurance price using numerous factors, and electric car insurance is no different.
Naturally, your car choice and its insurance group are one of them. Insurers place cars in groups based on information like the cost, availability of spare parts and how easy it is to repair.
You can read more on car insurance groups here.
We also discuss the latest EV insurance prices in our Pricing Index.
Some manufacturers have an option to buy an EV and lease its battery to lower the price.
You need to notify your insurer if you’re leasing it. A leased battery changes the correct payout if your EV is written off.
The growth in electric car ownership means more of us will be charging our cars at home.
People can get confused about whether to claim under their car or home insurance if a fire happens. It all depends on where the fire starts.
If electrical wiring caused it, then it’s claimed under home insurance. If an EV fault caused it, then it’s claimed under car insurance.
Learn more about how to charge your electric car.
Someone tripping over your charging cable opens you up to allegations of negligence and possibly a personal injury claim.
Our policy states that if you’ve taken reasonable steps to prevent the accident or injury, then you’re insured.
The cover applies even if you’re not in the car when it happens.
How to get an electric car insurance quote
Getting a quote is easy. Simply visit our electric car insurance page and click ‘get a quote’. We use your registration plate to determine if your car is an EV.