Why electric cars cost more to insure

Why electric cars cost more to insure

By 2040 the government expects all new cars on sale in Britain to be either electric or hybrid. But drivers who want to embrace these cars for their low emissions had better prepare themselves for an electric shock with a difference: high insurance bills.

A study of electric cars currently on sale has shown that drivers who want to ‘go green’ will have to pay 45 per cent more for insurance than the average motorist.

It means the rising number of drivers buying electric cars could see any potential savings, such as lower ‘fuel’ bills, wiped out by costly cover. So far this year, sales of electric vehicles (EVs) have risen by 37 per cent over 2016. Here’s what drivers need to know before switching to an electric car.

Electric cars: are they more expensive to insure? Continue reading

Diesel and petrol car ban: what does it mean for Britain’s drivers?

Diesel and petrol car ban what does it mean for Britain's drivers?

The government’s announcement that diesel and petrol cars will be banned in Britain from 2040, as a way of tackling air pollution, has led to widespread confusion amongst drivers.

Common concerns include the impact on residual values of used diesel and petrol cars; the relatively high cost of new electric cars; whether hybrid cars will still be available; and how the industry and infrastructure will cope.

We try to tackle these concerns, and more, based on the limited information currently available.

Why ban petrol and diesel cars?

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