Reported 12 months ago
Although the exclusive insurance policy for electric vehicles was launched on July 1st as scheduled, general car insurance renewals will not be fully implemented until September 1st to avoid unnecessary complications due to operational preparation delays. Several insurance companies like Taiwan Insurance, Shin Kong Insurance, Hua Nan Insurance, and Mingtai Insurance have stated they will introduce exclusive electric vehicle policies starting from July 1st. Rates for electric vehicle insurance are only slightly higher than conventional car insurance, with adjustments ranging from 5% to 10%, and some companies offering rates slightly below those for regular vehicles.
Source: YAHOO