Coverage and Premiums in Singapore EV Insurance

Electric vehicles now make up one in 30 cars in Singapore, with registrations surging to 32.5% of new units as of September 2024. As EV adoption accelerates, Singapore consumers are calling for better coverage for specialised components like batteries, while some remain wary of perceived higher premiums.

Click here to read more insights from Roy Wong, Head of Motor at Liberty Insurance.

This article was first published in the 2025 January issue of the Asia Insurance Review magazine.