Properly insure hybrid and electric cars

Cover hybrid and e-vehicles with third-party liability and comprehensive insurance

For some vehicles, especially older models that hardly have any intrinsic value, it may be understandable to forgo comprehensive insurance. In the case of hybrid and e-vehicles, in addition to the statutory motor vehicle liability, there is a moral obligation to protect yourself by taking out comprehensive insurance.

Hybrid vehicles are powered by two drives, the well-known combustion engine, which requires fossil fuels, and the future-oriented electric drive with a built-in battery. Electric vehicles, on the other hand, only have an electric drive, which means that drivers low battery cannot switch to the combustion engine to head for a charging station or fuel pump. E-cars are not yet universally suitable for long-distance journeys, which is why they are increasingly being purchased as a second vehicle or city car.

Calculate costs for hybrid or e-car

Last year, more electric vehicles were registered nationwide than hybrid cars. The trend shows that more and more customers are opting for an electric vehicle, which will continue to influence the maintenance costs of the vehicles in the future. If you decide to buy an e-car, you can count on a government subsidy of up to 9.000 euros if the old car with a combustion engine is sold at the same time new electric car is exchanged. The aim of the federal government is to drastically reduce the number of combustion engines on the road, by 2030 only electric and alternative drive vehicles are to be used circulate on the streets.

E-vehicles are still somewhat more expensive to buy and maintain than hybrid vehicles and cars with pure combustion engines. The main reason is that too few drivers own an e-vehicle. Frequently mentioned reasons are the high ones acquisition cost with existing high inflation, which leads to a certain uncertainty in purchasing behavior. Furthermore, in some areas of the country and in European countries, there are too few charging stations that could cover real needs. Further adjustments to the maintenance costs for e-vehicles will only be made as these pillars are expanded.

Insurance for hybrid and electric vehicles

As with all vehicles that are registered on the road, the insurer's “green card” is required when registering Motor vehicle liability insurance to submit. This is the only car insurance required by law, regardless of the vehicle model or type.

Motor vehicle liability insurance only protects the other party involved in the accident in the event of an accident. Property damage is covered as well as personal injury. Hybrid and e-vehicles are not insured against natural hazards, accident damage, Protected against vandalism and theft

Partial coverage
With partially comprehensive insurance, hybrid or electric vehicle owners only insure natural hazards, including damage caused by weather conditions such as thunderstorms, storms and hail. Vehicles with large glass surfaces at the front are particularly at risk of such damage. If the vehicle is parked in an unprotected parking space, Partial insurance are essential.

Fully comprehensive
Own accident costs are only covered with comprehensive insurance. Comprehensive insurance is therefore urgently recommended for hybrid and electric vehicles, but there are advantages at Verti, the special tariffs for vehicles with e-battery ready. Vandalism and theft are also insured with the comprehensive insurance, because stealing the battery from the electric vehicle is a lucrative business for criminals, albeit very expensive.

battery insurance
In fact, hybrid and electric car owners can insure a vehicle's battery pack individually when it is leased. Otherwise, the battery is already insured in the comprehensive insurance for hybrid and electric cars. However, it is important to ensure that not only damage to the battery is covered, but also any transport costs that may be necessary due to towing if the vehicle breaks down on the route. In addition, the battery and the accessories must be insured for damage caused by overvoltage. One of these accessories is the vehicle's charging cable, which is often left unattended during charging at public charging stations, attracting thieves. If the cable is stolen, it will be replaced if there is sufficient insurance coverage.

Insure the vehicle as new

The premium amounts of the individual insurance companies are made up primarily of the vehicle data, how often it is involved in accidents, what risks exist due to the electric drive and how often the model is involved in accidents or theft. Vehicle owners must ensure that the new and non-replacement value of the hybrid or electric vehicle is insured.