Electric Car Insurance: Everything You Need to Know About Your Electric Car in the UK

What is Electric Car Insurance?

While similar to traditional car insurance in many ways, electric car insurance has essential additions to help you stay protected on the road.  

Here’s what you need to know:   

How Do Insurers Define Electric Vehicles?

Electric Vehicles (EVs) are defined by insurance providers based on their unique characteristics and components.  

Here’s what insurance providers typically look for to define EVs:   

Understanding how insurance providers define EVs is essential for helping you find the right coverage to protect your electric vehicle.    

Do All Insurance Providers Offer Electric Car Insurance?

Because EVs are still considered a relatively new prospect within the car industry, not all insurance companies offer electric car insurance.   

However, many reputable mainstream providers now offer EV coverage. As we move further into 2024, the popularity of electric vehicles continues to rise in the UK market, with more insurers expanding their product lines to cater to EV owners.  

When shopping for electric car insurance, it’s important to research and compare policies from different providers to find the best coverage options and rates for your needs. It’s also advisable to look for providers with experience insuring electric vehicles and a track record of providing excellent customer service. 

Use our trusted insurance calculator to compare personalised quotes for your EV in minutes!  

How Do I Find Providers for My Electric Car Insurance 2024?

When selecting an insurance provider for your electric car, it’s important to consider the following factors to ensure you find the best coverage and service to suit your needs for your 2024 renewal:  

By considering these factors and comparing insurance providers, you can find the best insurance provider for your electric car that offers the right coverage, service, and value for your needs. 

What Are the Benefits of Buying Specialised Electric Vehicle Insurance?

While there is currently no legal requirement for electric car owners to have specialist insurance, there are many benefits to getting specific EV insurance for your electric car.   

Here are our top 3 benefits of buying specialised EV insurance:  

What Level of Insurance Cover Do I Need for My Electric Car?

As with any insurance, choosing the right level of coverage that best suits your needs is essential. 

The level of insurance coverage needed for electric cars depends on several factors, including:  

When selecting insurance coverage for your electric car, it’s important to consider your needs and circumstances. Remember to work with your insurance provider to customise a policy that meets your coverage needs and budgetary constraints. 

What Extras Can I Get on My Electric Car Insurance?

In addition to standard coverage options, many insurance providers offer add-ons for electric car insurance. Some standard extras available for electric car insurance include:  

Adding extras to your electric car insurance policy can help provide additional protection against unexpected events. However, it’s essential to carefully review the cost and coverage of extras to ensure they align with your needs and budget. 

What Factors Affect Electric Car Premiums?

Like all insurance, several factors can affect the cost of electric car insurance premiums.  

Here are the most common factors providers consider:  

By understanding the factors insurance providers are likely to consider when determining the risk associated with insuring your vehicle, you can make informed decisions when selecting an electric car insurance policy and take steps to potentially lower your insurance costs.  

How Do I Get A Quote For My Electric Car Insurance?

Getting a quote for electric car insurance should be a straightforward process that can be done online or by contacting insurance providers directly.   

To get an accurate quote, you’ll need to provide some basic information about yourself and your electric car, including:  

Once you’ve provided this information, the insurance provider will assess your risk profile and calculate a premium based on factors such as your driving record, vehicle model, and coverage options.   

It’s always recommended to compare quotes from multiple insurance providers to ensure you’re getting the best coverage and rates for your electric car.   

Need A Quote Now?

Our insurance calculator can compare personalised quotes from over 100 top UK insurance providers in minutes. Here are the steps:  

Get started today and experience the ease of Insuro. Find your personalised car insurance quotes here. 

Are There Ways To Make My Electric Car Insurance Cheaper?

While electric car insurance premiums can vary depending on many factors, there are several strategies you can use to potentially reduce your insurance costs:  

By implementing these strategies and shopping around for the best rates, you can potentially save money on your electric car insurance premiums while maintaining the coverage you need.  

Do Insurance Providers Consider the Battery When Assessing Coverage For My Electric Car?

When calculating insurance premiums for electric cars, insurers will consider a variety of factors to determine the level of risk associated with insuring your vehicle. One of these factors is the car’s battery; here’s what providers may consider:   

Will My Insurance Be Affected If I’m Leasing The Battery For My Electric Car?

If you’re leasing the battery for your electric car, it’s essential to inform your insurance provider.  

Here’s why:   

Will At-Home Charging Affect My Electric Car Insurance?

At-home charging offers convenience and flexibility to EV drivers. While Insurance providers understand the importance of at-home charging for electric car owners, there are essential considerations to ensure your coverage remains comprehensive and effective.  

Charging Infrastructure

At-home charging stations come in various forms, ranging from basic outlets to dedicated charging units. Regardless of which charging station you opt for, ensuring that your charging infrastructure meets safety standards and regulatory requirements is essential.  

Here are some key points to consider:  

Electrical System Coverage

It is also essential for you to understand the extent of coverage in case of potential damages to your home’s electrical system.  

By proactively addressing safety concerns and understanding your insurance coverage, you can enjoy the convenience of at-home charging while maintaining comprehensive protection for your electric vehicle and property. 

Do I Need to Pay Road Tax on My Electric Car?

Electric vehicles are currently exempt from paying road tax in the UK. This exemption is part of the government’s efforts to promote the adoption of environmentally friendly vehicles and reduce emissions.  

This exemption also applies to plug-in hybrid electric vehicles (PHEVs) with CO2 emissions below a certain threshold.   

However, it’s essential to note that this exemption is subject to change based on government policies and regulations.