Insurance: Which car insurers pay for battery damage and cover the extra costs
Electric cars are becoming increasingly popular. However, battery damage can cost more than 20,000 euros. What distinguishes suitable car insurance policies and which tariffs are convincing.
In Germany, over 604,000 electric vehicles were newly registered in the first nine months of 2023, a 58% increase from the same period the previous year. A recent ranking by Franke und Bornberg evaluated car insurance policies for electric and combustion engine vehicles based on 73 criteria. The top-ranked policies for electric vehicles include those from Cosmos Versicherung and Huk24, with the Cosmos Versicherung's "Comfort-Schutz mit Werkstattbindung" tariff scoring 98.9 out of 100 points and costing €540.53 per year.
When choosing a policy, it's essential to consider coverage for the battery, including protection against damage and theft, as well as additional costs such as investigation, removal, and disposal of the battery in case of a fire hazard.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
