Thinking of buying your first electric vehicle? Then you've probably been doing a lot of reading up on these eco-friendly forms of transport.
Beware, though, because there are a fair few myths about EVs doing the rounds – and, taken at face value, they could put you off making the transition. To clear a few things up, and to put your mind at rest, the insurance experts at LV= address some of those myths with real facts and figures...
Myth 1: EVs cost more to insure
LV= says: LV= premiums data revealed that some electric models cost less to insure than similar petrol or diesel cars, and others cost only slightly more. For example, the Renault Zoe was 8.5% (£27) cheaper to insure on average than the Clio, while the Nissan Leaf was about 5% (£14) more than the Micra.
Myth 2: The running costs are higher
LV= says: Many drivers overestimate the average running cost of an EV. According to the Energy Savings Trust, an electric car can run for 100 miles on a full home charge at a cost of £4–£6, whereas drivers estimated £8.80. Travelling the same distance in a petrol or diesel car costs £13–£16.
Myth 3: There's no good way to dispose of the batteries
LV= says: These batteries are already highly recyclable, plus second-hand batteries can be used for energy storage. Renault is now recycling all its electric car batteries, VW opened its first recycling plant this year and Nissan reuses old Leaf batteries in factory vehicles.
Myth 4: Electric cars aren't as powerful
LV= says: Almost half of UK drivers believe an EV isn’t as powerful as petrol or diesel. However, advances in technology mean they can generate power and accelerate more quickly than petrol or diesel equivalents, with many capable of reaching 60mph in less than six seconds.
Myth 5: You can't put an EV through a car wash
LV= says: More than one in five drivers were convinced you can’t do this, but it’s just as safe to take an electric car through a car wash as it is a normal car. Similarly, almost one in five UK drivers said that EVs shouldn’t be driven in heavy rain – however, cars and chargers are tested for safety.
At your service
From Boundless member testimonials to a five-star Trustpilot rating, LV= inspires trust
It can be hard to decide what product to buy when there are so many choices available and, while you can take a small leap of faith with some purchases, insurance isn’t one of them. You need to know you can rely on it because if you’re in a position where you need to claim, you’ve already got enough to worry about.
It might help to know that many fellow Boundless members have praised LV= when they’ve had occasion to call the insurer. Take customer Joseph Szimaitis, for example, who says: “Very professional and when I queried a clause in the policy, he [the customer representative] investigated the matter further and called me back. Great service and that’s why I have been an LV= customer for a number of years.”
Then there’s Sarah Clarke, another Boundless member, who made use of her policy: “The call was dealt with very professionally, and very fast. From the time of the call to getting the car taken away for repair and delivery of a courtesy car, less than three hours. Very impressed, thank you.”
There are hundreds more comments along the same lines from other Boundless members, and LV= has satisfied customers like these to thank for its five-star Trustpilot rating. With LV=, you can be confident you’re in a safe pair of hands.
Save money on EV car insurance with LV=
LV= is a top insurer for EVs and includes roadside charging with its breakdown cover to reduce range anxiety. To find out more, visit the dedicated LV= car insurance page on the Boundless website.
Photos: Getty Images