Wednesday, October 11, 2023

EV Owners Facing Soaring Insurance Costs

EV Owners Facing Soaring Insurance Costs - From NOT A LOT OF PEOPLE KNOW THAT - Paul Homewood

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"Driving an electric car should be a win-win, saving money and the planet. So David* was shocked when the insurance on his Tesla Model Y came up for renewal, and Aviva refused to cover him again, while several other brands turned him away.

When David did secure a new deal, the annual cost rocketed from £1,200 to more than £5,000...

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