AN EV motorist was left stunned when the price to insure his car shot up by over £350 a month.
The huge rise meant he faced paying £5,346 a year to drive his car, even before factoring in other costs.
AlamyAn EV motorist was left stunned when his monthly car insurance shot up by hundreds[/caption]
AlamyThe cost to insure his Peugeot e-2008 has risen by over 600 per cent[/caption]
David Pilsworth, 29, told the Telegraph how his Peugeot e-2008’s insurance rose from around £62 to £445.50 a month when it came to renewing his policy in July.
Mr Pilsworth admits he did make a claim on his insurance after bumping a car in front of him at low speed.
A policyholder can expect to pay 12 per cent more on average for insurance following a claim where they have been found to be at fault, according to Compare The Market data.
However, Mr Pilsworth’s new policy is a staggering 618 per cent hike.
The EV driver says he leases his car for £420 a month using a “personal contract purchase”, which gives him the option of buying the vehicle when the lease expires.
He said: “The AA wanted another £445 on top of that.
“It would have meant I’d have been paying around half my monthly wages on my car.
“My conversation with them finished with me demanding that they cancel the policy now.”
Mr Pilsworth has since shopped around for a new policy and was able to find a quote for £137 a month with Admiral.
He said: “I’ve heard of lots of other EV drivers online who say their policies have shot up by two or three times.
“We’ve all had price hikes.”
Another EV driver has shared his woes after taking a 375-mile road trip that was plagued by frustrating issues and high pitched noises.
Elsewhere, an iconic car brand has confirmed its long-awaited return with new models that they hope will return it to its heyday.