Electric car insurance : making sustainable choices practical

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<subTitle>: making sustainable choices practical</subTitle>
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<dateIssued>2022</dateIssued>
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<abstract displayLabel="Summary">As fuel prices rise and the world becomes increasingly conscious of the impacts of climate change, demand for electric vehicles is growing. Insurers can be key in helping their customers navigate the obstacles and opportunities of electric vehicles.  As I shared in my post 5 predictions for the insurance industry in 2022, we expect the global market for electric vehicles to be $725 billion in 2026. This is an emerging growth segment for innovative insurers and not simply a substitution play for declines in existing auto premiums.  The shift for the insurance industry is in reinventing traditional indemnity-based products as innovative offers that help protect the customer's interests-not just the customer's assets.</abstract>
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