Car insurance premiums have increased, but it requires a deep pocket for electric cars.
The number of electric vehicles in the Hungarian fleet has already exceeded 100,000, representing an annual growth of more than 40%. According to Netrisk data, the share of electric vehicles in mandatory vehicle insurance contracts is 3.6%, while that of hybrids has increased to more than 5%. The mandatory insurance premiums for electric vehicles have decreased by 8%, while those for hybrids have decreased by 12%, compared to just 2% for other cars. However, the casco premiums are significantly higher, with the average annual premium for electric vehicles exceeding 263,000 forints.
The number of electric cars in Hungary has already exceeded 10,000, representing a 40% annual increase. According to Netris, the proportion of electric passenger cars in their contracts is now 3.6%, while hybrid cars account for more than 5%. The average annual cost of insuring electric cars is down 8%, while for hybrid cars it is down 12%. In contrast, the cost of insuring other passenger cars only decreased by 2%. However, the cost of insuring electric cars at Casco is significant, exceeding 263,000 for.
