Introduction
Electric vehicles are becoming increasingly popular, but owners often notice that EV insurance is expensive due to higher battery and parts costs compared to regular cars. The specialized repair needs and limited availability of parts for EVs directly impact premiums. This article explains the reasons, risks, and tips to manage insurance more cost-effectively with BJAK.
Reasons Why EV Insurance is Expensive
- High Battery Cost: Replacing a damaged EV battery is costly.
- Limited Spare Parts: EV spare parts are mostly imported, with low stock and high prices.
- Specialized Repairs: Repairs require panel workshops trained for EV maintenance.
Smart Tips to Manage EV Insurance
Choose Comprehensive Insurance
Ensure coverage includes key risks such as battery and important parts protection.
Compare Premiums with BJAK
Use BJAK’s calculator to compare prices and NCD levels for the best deal.
Add Essential Add-Ons
VIP Rescue provides towing assistance for EVs, while Key Care covers additional costs if keys or minor accessories are damaged.
Early Renewal & Planning
Avoid policy gaps to maintain NCD and prevent sudden premium increases.
Conclusion
EV insurance is expensive due to battery and parts costs, requiring careful policy selection. BJAK helps owners check coverage, compare prices, and access instant insurance links so EV owners remain protected without bearing high repair costs.
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