2023/24 INSURANCE RENEWAL PRICES

[chrisfs]

I have read that EV insurance premiums have pretty much doubled and I am fearing the same when mine comes up for renewal in a few weeks. My understanding is that it is mostly down to the much higher repair costs for EVs experienced by insurers and actually I find that credible. Repairs on the electrical side can be more complex and in particular the cost of parts has risen dramatically.

For more on the lack of availability of parts, see my next post coming in a few minutes!

Remember 3-4 weeks before renewal is the best time to get your quotes!

https://www.moneysavingexpert.com/insur ... -to-renew/

Thanks for the tip!

[StuartT]

Fleetnews.co.uk is a good read, for EV news without the hype...
https://www.fleetnews.co.uk/news/fleets ... c-vehicles
Talking of hype, It covers EV fires at the end of the article...