Why is your EV so Expensive to Insure?

About this episode

This episode discusses the rising insurance costs for electric vehicles and features insights from insurance expert Marc Spurling.

Electric vehicles are transforming the automotive landscape, but many fleet managers are hitting an unexpected roadblock: skyrocketing insurance premiums. While the long-term benefits of electrification are clear, the short-term insurance costs can be up to 25% higher than for traditional vehicles. So, what’s driving this trend? In our latest episode Marc Spurling from Aon breaks down the complexities: Why is EV Insurance So Expensive? The insurance industry is grappling with what...

People in this episode

Guest: Marc Spurling

Topics covered

• electric vehicles
• insurance
• automotive industry
• fleet management

Keywords

• EV insurance
• insurance premiums
• electrification
• automotive landscape

Mentioned in this episode

Products: electric vehicles, insurance

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