The insurance industry says the major challenge for EV owners in terms of insurance coverage is in the repair costs.
Some questions have been asked about EV fires after a recent incident in central Newfoundland. Firefighters have special training for EV fires, which tend to burn hotter and longer than typical vehicle fires and require a different approach.
Vice President with the Insurance Bureau of Canada for Ontario and Atlantic Amanda Dean says it’s something the industry is watching.
She says while they’re not overly concerned with the frequency of EV fires, the intensity of those fires is something they’re paying attention to.
The insurance industry says fire damage is covered under comprehensive insurance regardless of the type of vehicle involved.