Record high car insurance for electric vehicle owners

Record high car insurance for electric vehicle owners

Car insurance costs have reached a record high, with electric car owners paying up to three times more than petrol or diesel vehicle owners. The average cost of car insurance has increased by 58% in the past year, with drivers now paying £924 on average. Factors contributing to the rising prices include the high cost of covering electric vehicles, inflation, increased vehicle repairs costs, and the ban on the "loyalty premium.

Record high car insurance for electric vehicle owners

2023-10-14 11:03

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