lare Egan, Head of Motor at Admiral, said: “The recent government announcement to move forward the plans to ban the sale of petrol and diesel cars in the UK to 2030 is an ambitious target and will mean the uptake of electric cars will have to increase if we are to stand a chance of meeting that goal.
“We’ve seen from our data that the interest in electric cars is definitely on the rise as the number of electric vehicles insured with us has increased by 161% on average in the last three years. We’d expect to see that figure to continue to grow as the car industry intensifies its focus on electric vehicles. We want to help normalise electric car ownership as much as possible, so while you can choose to take out a dedicated electric vehicle insurance policy if you want to, you don’t have to.
“Some electric vehicles are expensive, but the range of affordable models and second-hand market is increasing so it certainly pays to shop around if you’re thinking of switching to an electric or hybrid car. Over time electric vehicles are cheaper to own and run compared to petrol or diesel alternatives, so as well as reducing your impact on the environment, they also reduce the impact on your wallet.”
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