Reply To: John Lewis stops insuring electric cars over repair cost fears

#235550
kezo
Participant

    There was a statemement put out by the ABI and/or SMMT at the end of last year from memory, citing high repair and storage costs for higher insurance groups for EV’s. I’ll have a look later.

    Covea is the insurance provider behind John Lewis, I understand they extended their partnership a couple of years ago. More importantly does John Lewis’s announcement lead the way for small to medium sized insurnce companies, leaving the big boys to it!