Top 3 Insurers

Top 5 Electric cars - Spring 2022

Welcome to Electric Road’s Top 3 Insurers. At Electric Road, our key objective is to be as useful as we possibly can be for those considering their first/next EV and related products and services. Finding the right insurance policy is naturally very important for most, if not all EV owners.

 

Based on the hundreds of Owner Reviews we receive each month, we have extracted the most popular providers. We realise insurance is based on personal circumstances as much as the car but we hope this summary of the Electric Road audience’s actions will help you make the right decision for you as and when the time comes. As we have hundreds and hundreds of Owner Reviews, we believe we can legitimately publish these lists in order to help you. The Top 3 insurance providers will be updated each quarter ensuring you have the latest trends from the Electric Road audience.

 

 

Top 3 

  1. LV

  2. Admiral

  3. Direct Line

 

 

1. LV

LV are our most popular insurance provider to-date with many of our owners liking their EV benefits (January 2022).

 

LV - Electric Road review

 

LV EV insurance includes:

 

  • Recovery to the nearest charge point if you run out of charge in the UK, this will not affect your NCD and there’s no excess to pay
  • Cover for charging cables, wall boxes and adaptors for accidental damage, fire and theft
  • Battery cover for accidental damage, fire and theft, even if you’re leasing it separately from the car
  • Over the air monthly updates (OTA) are covered as standard
  • Provide the use of an electric or hybrid hire car.

(as published on their website, January 2022).

 

Here’s what some of our owners say about LV insurance:

 

‘Great price, EV benefits include a free recovery if you run out of power which doesn’t affect your no-claims.’

Polestar 2 2021, Andreas. Read the full Owner Review here

 

‘…would recommend as they have always been responsive and reasonably priced.’

Vauxhall Corsa-e Elite Nav 2020, Danny. Read the full Owner Review here

 

‘I would recommend them. Prices are reasonable for the cover provided and when someone damaged a previous vehicle they were quite tenacious in pursuing a settlement.’

Kia e-Niro Model 4 64kWh 2020, Steven. Read the full Owner Review here

 

You can find more information on LV’s electric car insurance at www.lv.com/car-insurance/electric-car-insurance

 

Get car insurance quotes from over 100 providers now!

 

 

2. Admiral

Admiral - Electric Road review

Admiral EV insurance includes:

 

  • Insure a second car with Admiral and, in most cases, they’ll match your No Claims Bonus on that vehicle as well
  • Electric and hybrid car batteries are covered for accidental damage, fire and theft
  • Protection for  charging cables against accidental damage, fire and theft
  • If your personal belongings or effects are damaged or stolen while in your car, they’ll pay up to £150 to help you replace them
  • 24 Hour Emergency Helpline where comprehensive and third party, fire & theft customers can call if they have an incident.

(as published on their website, January 2022)

 

 

Here’s what some of our owners say about Admiral insurance:

 

‘…by far the cheapest if you use their MultiCar facility.’

Polestar 2 2021, Lee Atherton. Read the full Owner Review here

 

‘Admiral MultiCar – saved money on premium when changing from my 520d.’

BMW i3 120 Ah 2021, Neil. Read the full Owner Review here

 

‘Currently with Admiral and have renewed for the 2nd year’s ownership with my EV. Yes, would recommend.’

MG ZS EV 2021, Gary. Read the full Owner Review here

 

Get car insurance quotes from over 100 providers now!

 

 

3. Direct Line

Direct Line - Electric Road review

Direct Line EV insurance includes:

 

  • Access to a bp pulse smart home charger at a discounted rate
  • Access to an EO Mini Pro 2 charging unit at a discounted rate
  • 18% discount on Osprey Charging’s PAYG rate
  • 12.5% discount on bp pulse subscription.

(as published on their website, January 2022).

 

Here’s what some of our owners say about Direct Line insurance:

 

‘Direct Line gave me the best price both initially and on renewal. Never had cause to use their accident services but reports from others give me confidence. I would recommend them.’

Tesla Model 3 Long Range 2020, John. Read the full Owner Review here

 

‘Direct Line gave me the best price both initially and on renewal. Never had cause to use their accident services but reports from others give me confidence. I would recommend them.’

Tesla Model 3 Long Range 2020, John. Read the full Owner Review here

 

‘…they do not seem to charge a premium for EVs or hike their prices up for no reason each year. I have had to claim twice with no quibbles from Direct Line about settling the claims nor attempts to put up the premium the following year. Yes, I would recommend.’

Nissan LEAF e+ 2020, Graham. Read the full Owner Review here

 

Get car insurance quotes from over 100 providers now!

 

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