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BBC·4 min read·medium

Why electric cars cost more to insure - and what's being done about it

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Why electric cars cost more to insure - and what's being done about it
AI Summary

Electric vehicles are currently 10-25% more expensive to insure than traditional cars due to higher repair costs and longer service times. Industry experts are investigating why minor accidents often lead to total write-offs for EVs.

By Theo Leggett Business correspondent Published 9 July 2026, 00:09 BST It's hot and bright beneath the high intensity lights in a cavernous crash and safety testing laboratory, hidden away in a business park outside Newbury.

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Why electric cars cost more to insure - and what's being done about it — Headlinne — headlinne