Can anyone provide an idea on pricing for premiums on an electric?
i don’t want to have an issue like this in the long run…
What? Unless you start manufacturing electric autos, I think your safe.
In the UK the consensus belief is that you will be charged an additional 20% for electric vehicles over and above the cost of insuring a similar traditional fuelled vehicle. The fact is that the electric car insurance market is still in its infancy around the world and as such because it has not yet reached critical mass, premiums will be higher than you might expect.
However, in the medium to longer term, as electric cars become more commonplace, we are likely to see a reduction in premiums which will obviously have a positive impact upon electric car sales.
very usefull information please update as soon as possible