There are many working parts in an internal combustion engine. The owners of electric vehicles, however, do not have to worry about these parts.
Most insurance companies regard electric vehicle drivers as more responsible. They are therefore less likely to be involved in a car accident. A Chevy Volt costs an average of $1,452 per year to insure. Its non-electric counterpart, namely the Cadillac CTS is approximately $2,024 per annum. The most popular electric vehicle in 2016 was the Toyota Prius C and its annual insurance premium average $1,513 in comparison to $1,801 for a Nissan Altima.
Every electric vehicle is not, however, cheaper to insure.
Many well-known insurers have a problem reacting to new technology, such as electric vehicles, however, there are others who are highly flexible.
Zurich put into motion a worldwide drive which thus put emphasis on the advancement of products and services which would help consumers deal with climate-related risks. The conversion to electric vehicles is part of the solution. The ultimate goal is low carbon emissions. Zurich’s electric car insurance cover includes:
- 20% discount on an electric car’s insurance premium;
- 24-hour roadside assistance;
- In the event of your car running out of charge, you will get free towing to the nearest public charge point or to your home charge point, whichever is the nearest;
- Your car will be repaired if you have a mechanical failure. You will be towed to the nearest specialist electric car repairer at no charge.
Also. enquire about cable liability.
Does your insurance policy cover the possibility of somebody claiming liability should they trip over the cable and hurt themselves? The cables are short.
Nissan is part of the Renault-Nissan Alliance. Nissan delivers a range of more than 60 models under Nissan, Infiniti and Datsun brands. In 2010, Nissan introduced the Nissan LEAF and continues to lead in zero-emission mobility.
The Renault-Nissan alliance have sold 200,000 electric vehicles worldwide to date. They say that they control 58 percent of the segment. The CEO of the alliance, Carlos Ghosn claims that there are, in his opinion, four reasons why car buyers are making the switch to electric vehicles.