An electric car must be insured like any other land motor vehicle. Faced with the increasing number of this type of vehicle, insurers are multiplying their offers. And the good news is that electric car owners save a lot of money when it comes to insurance. If the prices are very competitive, your goal is to find a protective electric car insurance policy.
Compare and find a covered electric car insurance at the best price
How much does electric car car insurance cost?
Good news for electric vehicle owners: car insurance costs less on average! With a limited range, the electric car travels fewer kilometres, reducing the loss rate. However, this depends on the model of the car.
Did you know? Electric vehicles registered between January 2021 and December 2023 are exempt from TSCA (Taxed'assurance) allowing you to save up to 25% on your car insurance! In addition, the government encourages motorists to equip themselves with electric models by granting conversion bonuses.
Electric car: which insurance should you choose?
The first thing you should do before signing a car insurance policy is to compare the different offers. Thanks to the online comparison tool, it is very easy to get several quotes from different insurers. Once the form has been completed, your request will be analysed and you will receive several personalised proposals by email. A great way to compare price, warranty level, and included and unincluded options.
What type of car insurance should I buy for an electric car? Given the purchase price of an electric vehicle, it is advisable to opt for comprehensive insurance, the most comprehensive formula. It provides you with protection against:
- Fire
- Theft and vandalism
- Natural disaster
- Driver Damage
- Claim, even at fault
- 0km assistance
When analyzing insurers' quotes, be sure to check several criteria such as the amount of deductibles and coverage exclusions. Another important detail is your insurer's partnership with approved garages. Not all car garages are able to repair electric cars, so it may be worth signing up with a partner insurer.
>>>I find the right car insurance for my electric car
What is the support for the electric car battery?
One of the particularities of an electric car is its battery, a very expensive part which explains the rather high purchase cost. For example, a battery for a Tesla Model 3 costs €14,000.
Unlike combustion engine cars, the battery of an electric vehicle belongs to the manufacturer even after purchase. Owners therefore take out maintenance contracts that include changing the battery with him. Car insurance rarely covers the battery, even if a 0km assistance guarantee provides you with breakdown assistance and towing.
Tip: Check whether you have a contract with the manufacturer or whether your insurer covers your battery.
How to insure your home charging station?
Typically, electric car owners install an electric charging station at their home. This method of charging increases the risk of electrical damage and fire in your home! In this case, you must notify your insurer in order to modify your comprehensive home insurance policy and obtain coverage for electrical damage.