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The Rising Cost of EV Insurance: What Fleet Managers Need to Know

Jul 11, 2024 11:55:12 AM / by Jonathon Spitz posted in Insider, fleet safety, Electric Vehicle, Budgeting

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Introduction:

As electric vehicles (EVs) become more prevalent on the roads, fleet managers are facing new challenges, particularly regarding insurance costs. While EVs offer numerous benefits, including lower fuel costs and reduced emissions, they also come with higher insurance premiums. Understanding the reasons behind these increased costs and how to manage them is crucial for fleet managers aiming to optimize their operations.

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