Electric Vehicles: Insurance

(asked on 24th October 2023) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, if he will make an assessment of the potential impact of the Government's net zero policies on the cost of insurance for electric vehicles.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 26th October 2023

The transition to zero emission vehicles is crucial to the decarbonisation of the transport sector. Electric vehicles offer most drivers savings in terms of lower running and maintenance costs. The Government is working closely with the insurance sector to ensure that the transition to zero emission vehicles is sustainable and cost effective. The insurance sector will continue to evolve in line with the growing EV market, and as data becomes more available to inform insurance premiums.

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