What:
Zurich North America announced an enhanced suite of vehicle protection products designed to meet the unique needs of electric vehicle (EV) owners. The suite of products covers nearly all manufacturers including Tesla, Rivian and Polestar.
Why:
With forecasts predicting EVs will represent nearly half of all new cars sold in 2030, Zurich’s EV protection products are now in place to provide assurance to EV owners and help them manage the potential high cost of electric vehicle ownership.
How:
- Zurich offers a full suite of vehicle protection products for gas-combustion, hybrid and electric vehicles.
- An electric vehicle operates on an electric circuit run by computers.
- Repairs on items such as an electronic display screen can cost thousands of dollars.
- A high-voltage battery is one of the most expensive components in an EV with average replacement costs of $5,500.
- Zurich’s EV protection products include:
- Vehicle Service Contracts
- Guaranteed Auto Protection
- Road Hazard Tire and Wheel
- Environmental Protection Plan
- Paintless Dent Repair
- Key Replacement
- Select Protection
- Universal Security Guard
- Lease Wear and Use