Zurich North America has released a suite of vehicle protection products designed to meet the unique needs of electric vehicle (EV) owners.
The set of products provides coverage from the repair or replacement of high-voltage rechargeable batteries to roadside assistance for recharging EV batteries that run out of power mid-trip.
They also cover nearly all manufacturers including Tesla, Rivian and Polestar.
The offering represents new investment in products and services to support Zurich’s automobile dealership customers and has the potential to help dealerships diversify their revenue streams through the F&I office and the service lane.
Vince Santivasi, Head of Direct Markets for Zurich North America commented: “As a leading provider of vehicle protection solutions in the U.S., we remain committed to introducing products and services that will meet the evolving needs of our customers.
“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.”
