Posted 23rd June, 2020

Why you need different insurance cover for your EV.

So you’ve done the research, taken the test drive and put your name on the (long!) waiting list. The time is drawing near that you will have your new electric car in your hands. Of course, you need to get it insured so should you just try the usual suspects for cover? Here’s why we believe that you should contact EV insurance for a quotation:


Many standard insurers will offer Electric vehicle insurance cover, but don’t know how to rate them properly, so the quotations tend to be a lot more expensive then standard vehicles. A lot will offer insurance cover for Tesla’s for example, but rate them as if they are an exotic sports car.

We have argued with our insurer that EV owners tend to be more conscientious drivers and so are less likely to make a claim. The insurer has listened to us on this point so the premiums they offer are very competitive.

Additional cover

Whilst Electric vehicles share a lot with standard ICE vehicles, they are different in a lot of ways as well.

For example they have cables to help charge them, that can be expensive to replace.

Our policy covers these cables against loss or theft and also covers your liability if someone trips over them whilst you are charging.

EV Specific breakdown cover

Some insurers will offer breakdown cover as part of their policy, but do they have EV specific breakdown cover?

Our breakdown partner will assist you even if you run out of battery charge, bringing you home or to the nearest charge point – whichever is nearer

Enhanced courtesy car cover

Again, some insurers will offer you a courtesy car if your car has been stolen or incapacitated following an accident. At EV insurance we go one step further and will organise a replacement electric vehicle if you are entitled to this cover, and if an EV is not available we will give you a fuel voucher to contribute towards your fuel costs.

Solving leased batteries issue

Though it is more common in the UK than in Ireland, it is still possible to buy an EV where the batteries are leased (Renault Zoe’s often have this arrangement).

Under a normal insurance policy, this causes an issue as the car belongs to one person and the batteries to the manufacturer. We take the hassle out of this by insuring both and will pay the cost of the battery to the lease owner in the event of a total loss.

Owning an Electric Vehicle through your business

Since the government introduced incentives to buy an EV through your company (there is currently no BIK cost to a user once the EV is priced at €50k or under) buying an EV through a small company has become a lot more popular.

This can cause a lot of problems for standard insurers however as they will historically not insure a vehicle that is insured privately but registered in the company name.

We at EV insurance have no issue with this. We can insure the car in your name and allow the vehicle be registered in the company name and we offer class 1 business use as standard.

Taking all of the above into account we have no doubt that we are currently offering the most comprehensive cover on the market and would love to hear from you at the start of your EV journey.

Contact EV insurance for an EV insurance quote today on 0818 919699 click here for an online quote . EV insurance – Different vehicles, different cover.