Cost to insure an electric car in U.K. up 72% this year
Sept 30, 2023 11:10:04 GMT
ayatollah and yggdrasil like this
Post by Carl LaFong on Sept 30, 2023 11:10:04 GMT
on average.
Fucking robbers.
www.theguardian.com/money/2023/sep/30/the-quotes-were-5000-or-more-electric-vehicle-owners-face-soaring-insurance-costs
A recent cost of living bulletin from the Office for National Statistics revealed that the price of car insurance – which for many Britons is one of their biggest household bills – is up by 52.9% in the last 12 months.
However, this average masks bigger increases for electric car owners, according to Confused.com. Its figures, derived from quotes, show that insurance premiums for electric vehicles are 72% – or £402 – higher than this time last year, at a typical £959. Meanwhile, for petrol and diesel car drivers, the increase is 29%, or £192, taking the figure to £848.
Louise Thomas, a motor expert at Confused.com, says: “Despite electric vehicles becoming more common, they are still the minority on UK roads, and insurers have less experience setting premiums for these types of cars.”
Fucking robbers.
www.theguardian.com/money/2023/sep/30/the-quotes-were-5000-or-more-electric-vehicle-owners-face-soaring-insurance-costs
A recent cost of living bulletin from the Office for National Statistics revealed that the price of car insurance – which for many Britons is one of their biggest household bills – is up by 52.9% in the last 12 months.
However, this average masks bigger increases for electric car owners, according to Confused.com. Its figures, derived from quotes, show that insurance premiums for electric vehicles are 72% – or £402 – higher than this time last year, at a typical £959. Meanwhile, for petrol and diesel car drivers, the increase is 29%, or £192, taking the figure to £848.
Louise Thomas, a motor expert at Confused.com, says: “Despite electric vehicles becoming more common, they are still the minority on UK roads, and insurers have less experience setting premiums for these types of cars.”
