Electric Car Insurance
Low quotes for your new electric car insurance policy. the potential future market for this type of policy in the UK is enormous. No doubt there will be new motor policies specifically designed to cover this type of battery powered vehicle(s). Our questions are how would they differ from the standard third party and comprehensive policies designed for today’s petrol and diesel powered cars?
Click through on the ‘Get a Quote’ button above to compare car insurance quotes for your electric vehicle from over 100 of the leading UK motor insurers, and obtain the most suitable fully featured cover and protection you require. The Quotezone click and compare service is entirely free to use. It is a totally independent and impartial insurance comparison site, already helping over 1 million drivers across the UK to get the best deal.
the potential future market for electric car insurance in the UK. No doubt there will be new motor policies specifically designed to cover this type of battery powered vehicle(s). Our questions are how would they differ from the standard third party and comprehensive policies designed for today’s petrol and diesel powered cars?
In addition there seems to be a lack of current interest from the mainstream insurers such as Aviva, Direct Line, Churchill, MoreThan, et al. Maybe this will change over the next ten years. We think it will, with our guess that possibly 10% of all motor policies sold in 2020 will be to electric vehicles.
Manufacturers such as Rolls Royce with the new Phantom 102EX, Ferrari with a 200mph electric variant of the superb 599 and BMW with the i8 concept are entering the arena. Nothing remarkable about that you may well be thinking? However when you consider that this is Rolls Royce’s first foray into the ever growing electric car market it made us think of the possibilities for a burgeoning electric car insurance market?!
For a manufacturer such as Rolls Royce to show this vehicle at this years (2011) Geneva Motor Show is a clear indication that the future of motoring powered by oil is probably entering it’s final phase. A remarkable thought but one which many industry commentators see playing out over the next decades.
If you are currently in the market for a new electric motor insurance policy specifically tailored to your new vehicle could be hard to come by? It is quite likely that your insurer for your petrol or diesel powered motor does not have a policy specifically for electrically powered vehicles?
Should one of the benefits of driving an electric vehicle be cheaper motor premiums? What about the necessity for breakdown insurance as the range for these vehicle is still limited? Many questions remain about how the market will develop over the next 10 years. What you can be sure about is that here at Homeapproved if their is any news to give you will find it here first.
Should you be considering your next vehicle purchase being electric we recommend you read up on the features and benefits of the electric vehicle. In addition if you are already the owner of an electric vehicle in the UK you can check out the Battery Vehicle Society which will help you to understand the technology as much as possible.