There are currently approximately 160,000 purely electric vehicles registered in Austria. As with internal combustion engines, all cars require liability insurance and may require additional comprehensive insurance coverage. But if you don’t compare the premiums properly, you can make a lot of money. A savings potential of up to 66 percent or more than 2,000 euros is possible.
Three percent of the entire fleet in Austria is already powered purely electrically. The trend continues to rise. This is also noticeable on the rate comparison portal Durchblicker, where the number of e-car insurance contracts tripled last year.
Insurance companies are also aware of the increasing importance of ‘electric vehicles’ and are competing with offers for the (new) target group. Competition, in turn, is good for consumers, who can look forward to attractive rates. Just as with policies for combustion engines, the differences in premiums are enormous, the Durchblicker calculated for the “Krone”.
Source: Krone

I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.