Electric Car Insurance: Know the Risks of Losses and Tips for Choosing it

Illustration - car insurance (photo: Pixabay/Tumisu)

YOGYAKARTA - Electric car insurance has a different approach than conventional car insurance (gasoline/diesel). High-tech batteries, software, and charging systems present new risks that are not necessarily covered by conventional insurance companies.

As we know, electric cars do not rely on internal combustion, but rather a high-voltage electrical system and batteries as the main source of energy. This condition makes the insurance protection of electric cars designed more specifically and in detail than conventional car insurance.

So, what are the risks of electric car losses that need to be protected by insurance? Summarized from various sources, see the complete information below.

Risk of Loss Covered by Electric Car Insurance Battery Damage

Batteries are the most vital and most expensive components in electric cars. Damage due to impact, water exposure, or cell degradation can incur very large costs. Unlike conventional engine components, batteries generally cannot be partially repaired and often have to be replaced with a full unit, so the financial risk is much higher.

Fire Risk During Charging Process

Unsafe charging has the potential to cause overheating to fire. This risk increases if you use a charger that is not certified, a home electrical installation that does not meet standards, or a surge in electricity. In addition to damaging vehicles, this incident can also endanger the safety of residents and the surrounding environment.

Disturbance to the Software and Electronic Systems

Electric cars are heavily reliant on software and digital systems to regulate vehicle performance, battery management, to safety features. Software glitches, sensor failures, or system errors can cause the car to be completely inoperable. The diagnosis process requires specialized equipment and certified technicians, so the cost of repairs is relatively high.

Special Evacuation and Towing Needs

Unlike conventional cars, electric cars cannot be towed casually because they risk damaging the electric motor and drivetrain system. The evacuation process must use a special flatbed towing vehicle. Limitations on suitable towing facilities can add cost and handling time when a car breaks down on the road.

Damage to the Home Charging Station

For owners of electric cars who install charging stations at home, the risk is not only limited to vehicles. Electrical short circuits, lightning strikes, or installation disruptions can damage the charger and have an impact on the home's electrical system. This damage has the potential to cause double losses, both on the car and on the property.

Tips for Choosing Electric Car Insurance

After knowing the risk of electric car losses borne by insurance, choosing the right insurance is very important.

Well, so as not to make the wrong choice, pay attention to the following tips for choosing electric car insurance.

Choose an Insurance Company with Experience Handling Electric Cars

Prioritize insurance providers who understand the characteristics of electric cars and work with official or certified EV (electric vehicle) workshops.

Make sure Battery Protection is Explained in Detail

Find out if the policy covers the risk of battery damage due to factors such as age of use, excessive heat, and electrical disturbances such as short circuits.

Review the credibility of the Partner Workshop

Workshops that handle electric cars should have trained technicians and diagnostic equipment that comply with EV standards.

Pay Attention to the Protection Limits of Electronic Components

The sensor components and electronic systems in high-value electric cars, so it is important to ensure that the policy not only protects the body of the vehicle.

Compare the Premium Cost with the Benefits Offered

Although the insurance premium for electric cars tends to be more expensive, the protection provided should be commensurate with the additional features obtained.

That's the information about electric car insurance. Hopefully the above article can add insight to readers. To get other interesting news updates, visit the VOI.id page.