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EV Car insurance excess

mawallace
mawallace Posts: 55 Forumite
Part of the Furniture 10 Posts Combo Breaker

I have been insured with Direct Line for many years for my ICE car.

I purchased a new EV this weekend and phoned Direct Line to change the insured car.

When I did, I was told the the compulsory excess was going up from £100 to £350, as that is there standard excess for EV cars now

Is it just Directi Line with such a high standard excess or are all cal companies doing this

Comments

  • MattMattMattUK
    MattMattMattUK Posts: 12,932 Forumite
    10,000 Posts Fifth Anniversary Name Dropper

    For some reason Direct Line is incredibly expensive for EVs in general. I was with them with petrol for years but when I bought an EV their rates went through the roof.i have just renewed my insurance at start in May, £660 with Admiral, Direct line was £1,866. I know several others who have found the same, for some reason Direct Line just do not want to insure EVs.

  • WellKnownSid
    WellKnownSid Posts: 2,253 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker

    I have been insured with Direct Line for many years for my ICE car.

    That is probably your mistake. It is always worth shopping around come renewal time.

  • born_again
    born_again Posts: 24,334 Forumite
    10,000 Posts Sixth Anniversary Name Dropper

    I'm with LV £250 excess & daughter with Aviva £250 excess. Both EV's

    Life in the slow lane
  • Mildly_Miffed
    Mildly_Miffed Posts: 2,437 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper

    Why wouldn't you just put your details into a comparison engine every year, and shop around?

    The brands aren't loyal to you - so why be loyal to them?

    If any one insurer don't want to do a particular car/driver/location combo, for whatever reason, then they'll give a high quote. That certainly doesn't mean other insurers won't be interested in your business. Maybe that one has just got too many other policyholders in a similar risk profile, and want to hedge their bets a bit.

  • MyRealNameToo
    MyRealNameToo Posts: 4,403 Forumite
    1,000 Posts Name Dropper

    Also DLG was bought by Aviva last year so it would be surprising if things dont change as they are integrated in and certain underwriting policies harmonised.

  • facade
    facade Posts: 8,125 Forumite
    Part of the Furniture 1,000 Posts Name Dropper

    Aviva wouldn't even quote my EV, them owning DLG explains why DLG didn't show up in the comparison sites either.

    I want to go back to The Olden Days, when every single thing that I can think of was better.....

    (except air quality and Medical Science ;))
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