An electric car's battery is its most vital component – along with the electric motor! Without the battery or if it is damaged, an electric car cannot move!
The electric battery is completely different from the classic 12V battery we know from thermal cars. It usually covers the entire floor of the car while having a voltage of 400V or 800V, depending on the architecture of the car. As we understand, the battery is the main component in an electric car and also probably the most expensive in cost!
But what if something goes wrong with her? Does car insurance cover repair and replacement costs?
What does a standard basic insurance cover?
Let's start with the basics – that is, what a car insurance covers its owner.
An insurance allows the owner to pay for damages caused to other vehicles or third parties in an accident that was at fault. In short, the insurance does not cover mechanical damage other than that caused due to an accident.
In other words, basic car insurance compensates third parties if you crash them through your own fault. It does not compensate for anything in your own vehicle or you.
Beyond that, in addition to the initial coverage, there are enhanced insurance packages such as fire-theft packages as well as comprehensive mixed insurance.
In mixed car insurance, the vehicle's own damages are also covered – that is, if you are involved in an accident due to your own fault, then the insurance company will compensate you for your own damages as well!
In what cases is the battery covered?
The cost of repairing or replacing an electric car battery is only covered when it is damaged as a result of an accident.
That is, if you are hit by a vehicle where it was at fault and caused you damage to the car battery, then this damage will be compensated as part of your car's total compensation.
That is to say, just as a damage to sheet metal will be covered, similarly the damage to your battery must be covered.
Are there any extra insurance products for the battery?
In several cases in the automotive industry and beyond, we come across insurance products as a "warranty extension" for a product.
For example, in cars many times the factory warranty can be 3 years and then another 2 years of coverage are given through insurance with the same or different conditions.
Abroad, there are special car battery insurance programs that aim to offer greater security to the owner of an electric car, that after several years he will continue to enjoy the battery at its maximum capacity!
Usually these warranties are offered after the factory warranty (which is usually for 8 years) and give an extra time window of 2-3 years for a minimum percentage of capacity that the battery must have kept.
If the battery has lost more percentage, then the company will bear the cost of replacement or repair. All new electric vehicles have reliable batteries that last for many years before noticeably losing some of their range. Usually batteries will last longer than the average car before taking any significant damage! Of course, there are factors that reduce its capacity, such as normal wear due to time, the kilometers it has operated, how many times it has reached high or very low rates, etc. We are experts in electric cars and also in car insurance! You can find a special category of articles exclusively for electric mobility, while through our website you have the possibility to compare prices in more than 29 insurance companies and find the cheapest electric car insurance with the most coverage! You simply enter the information required for invoicing such as car model, owner information, etc. and immediately the platform will reimburse you the cost of insurance for your own vehicle, from the largest insurance companies! Compare prices, packages and coverages and get insured online in just 1 minute, at the lowest possible cost!Find the ideal electric car insurance in 1 minute!