How to insure your electric car correctly
Insuring an electric car – the basics
Are you about to buy an electric vehicle? Then you're in good company: 309,083 electric cars were registered in Germany at the beginning of 2021 – and the trend is rising. We'll tell you how to properly insure your e-car before you join the other vehicles on the road.
You absolutely need this insurance for the electric car
In Germany, the legislator prescribes motor vehicle liability insurance for all motor vehicles. Accordingly, you also need such insurance for your e-car. It pays for all damage you cause to other road users with your vehicle.
How to insure your e-car additionally
Comprehensive insurance for your electric car protects you from further costs:
- For example, partial comprehensive insurance pays if your car is damaged by storms or animals. This insurance also covers theft and stone chips on the glazing.
- The fully comprehensive insurance for your electric car includes all the benefits of partial comprehensive insurance and also pays for damage caused by accidents that you are responsible for. Especially with new cars, complete protection for your vehicle pays off.
Good to know:
E-cars are not automatically more expensive than other vehicles in terms of car insurance. Just like with any other car, your premium is calculated based on the type class, place of residence, no-claims class and other factors. In some cases, electric cars are even cheaper to insure if the insurance companies reward environmentally friendly behavior with discounts. You can find out your best rate for electric car insurance from DA Direkt in our insurance calculator.
Selling the GHG quota of your electric car is an excellent way to cross-subsidize the insurance premium.
Key benefits in electric car insurance
Batteries in electric car insurance
The battery of electric cars and hybrid models is insured in the same way as all other components - i.e. in the event of accidents or vehicle fire up to the replacement value. This is also very important: because if this battery is defective, it will be expensive. Costs between 10,000 and 15,000 euros are not uncommon. DA Direkt offers you additional insurance cover of up to 20,000 euros in the event of charging damage or overvoltage caused by lightning in the charging station.Fire damage
If your car is damaged by fire, comprehensive insurance will cover the costs. If, on the other hand, your burning electric car causes damage in an underground or parking garage, your motor vehicle liability insurance will pay for it. Prerequisite: Your vehicle has caught fire by itself.
Wallbox insurance
Many owners of electric vehicles have installed their own wall charging station at their home. It is then important that you also insure this so-called wallbox. Here, too, there is a risk of fire in the event of short circuits.
Insure charging cables for electric cars
Marten bites in the charging cable? Extremely unpleasant – especially if there is no replacement. The comprehensive insurance for your e-car at least covers the financial loss. The car insurance companies of DA Direkt also pay for a short circuit.
Special case: Insure an e-car with a leasing contract
You also need appropriate insurance for an e-car with a leasing contract. The leasing rate often already includes the costs for the insurance. Sometimes, however, you can also choose cheap car insurance for your electric car yourself. You should definitely insure the e-car – otherwise you will pay the lessor for any damage out of your own pocket.
source : Insuring an electric car – this is how it works properly