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Assurant launches new warranty for EVs and hybrids

Rich Green, president of UK Automotive at Assurant Europe

Assurant has launched EV One, a new warranty programme for electric and hybrid vehicles.

It’s the most comprehensive automotive product the warranty firm has offered, providing full wear and tear cover for the duration of vehicle and policy ownership.

Dealers can offer the EV One as a stand-alone or top up produce, with a selection of cover duration. It is also available as a white-label solution.

The new warranty is available for any electric or hybrid vehicle under eight years of age or under 80,000 miles at the time of purchase. 

Rich Green (pictured), president, UK & Automotive Europe, at Assurant, said: “Demand for hybrid and electric cars continues to grow in the UK, with over 170,000 EVs registered last year in what is now Europe’s second biggest automotive market. 

“With better battery life, government incentives, and improved access to charging points, they are only set to become more prevalent.  At the same time, drivers are looking for maximum flexibility and simplicity if something goes wrong and they need to get back on the road quickly. 

“That’s why we have created this new product that gives drivers the range of options that they want.”

Assurant works with nine of the top 10 global automotive OEM brands and protects 49 million vehicles worldwide.

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