What is going on with electric vehicle insurance?
Post Podcast: What pushed up the price of electric vehicle insurance plus the steps providers are taking to ensure premiums are affordable is the topic of the latest Insurance Post Podcast.
Data from Howden showed drivers of electric vehicles were paying more than double for insurance as those who own petrol cars at the end of 2023.
The average insurance premium for EVs soared to £1,344
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Insurers continue to face the challenge of distinguishing and differentiating themselves on anything other than being among the cheapest providers.