Electric Car Insurance Explained | Rooster
As electric vehicles (EVs) continue to grow in popularity, understanding how their insurance works has become increasingly important. While insuring an EV shares similarities with traditional car insurance, there are some key differences to be aware of. Here’s everything you need to know about electric car insurance.
Why is electric car insurance different?
Electric cars have unique features that can influence insurance costs, such as:
Battery costs: EV batteries are expensive to replace, which can affect repair costs and premiums.
Specialist repairs: Electric vehicles often require specialised mechanics and tools, which may increase repair costs.
Technology: Advanced safety features in EVs, like autonomous braking and lane-keeping assist, may lower the likelihood of accidents and influence premiums.
Factors affecting electric car insurance premiums
Several factors determine the cost of insuring your electric car:
- Vehicle value: High-value EVs may have higher premiums due to increased repair and replacement costs.
- Usage: How you use your vehicle (e.g., commuting or leisure) can impact your insurance rate.
- Driver profile: Your age, driving history, and location play a role in calculating premiums.
- Charging equipment: Home charging points are often included in policies, but it’s important to check.
Tips for saving on electric car insurance
- Shop around: Compare insurance quotes tailored to electric vehicles.
- Install safety features: Additional security measures like trackers can reduce premiums.
- Bundle policies: Combine home and car insurance for potential discounts.
- Choose usage-based insurance: Apps like Rooster reward safe driving with savings of up to 40%.
How Rooster can help
At Rooster, we make insuring your electric car simple and affordable. Our app-based insurance rewards safe driving and offers savings on essential services, MOTs, and repairs. Plus, with our Clean Air Zone (CAZ) checker and a user-friendly interface, managing your EV has never been easier. Download the Rooster app today to experience smarter insurance for your electric car.
