Recommended insurance for e-cars - a guide for financial experts.

Recommended insurance for e-cars - a guide for financial experts.

According to a report from efahrer.chip.de,

The increasing number of electric cars on Germany's roads has led to an adjustment in the insurance industry, offering specific tariffs just for electric cars. However, there are relevant differences in the services provided by individual insurers. Stiftung Warentest took a closer look at fully and partially comprehensive insurance and presented four recommended insurance policies for electric cars.

In addition to the usual services, the insurance concepts for electric cars should also be tailored to the specific needs of electric car drivers. This includes, for example, protecting the battery, securing accessories such as charging stations and charging cables, as well as protection against animal damage or operating errors. Accordingly, e-car drivers should pay particular attention to these specific services when selecting a tariff.

Differences between liability insurance and comprehensive insurance

Motor vehicle liability insurance is mandatory in Germany and covers damage to third parties. Fully comprehensive or partial comprehensive insurance is voluntary, but particularly recommended for electric cars, as it covers damage to your own vehicle.

Liability insurance is mandatory, comprehensive insurance is optional

Fully comprehensive insurance has no deductible, partial comprehensive insurance does

A recommended fully comprehensive insurance offers comprehensive protection for financing or leasing

Special insurance for electric cars is recommended, but offers similar benefits to conventional comprehensive insurance, but with specific services for electric cars, such as protection for the battery and accessories.

The new models of electric cars on the market are increasingly providing economic gains for customers, but are also presenting insurance providers with unexpected challenges in terms of the scope of services.