Sharp rise in electric vehicle insurance premiums and unsustainable write-offs: FWD

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Reinsurance News - Jul 22, 2025

There has been a sharp rise in electric vehicle (EV) insurance premiums, driven by higher repair costs, labour expenses, and parts shortages — factors that often lead to unsustainable write-offs after minor accidents, according to a recent white paper by FWD Research. The paper draws on insights fro...

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