Last update 23/07/2026Reading time : 4min

What’s the best insurance for your electric car?

Tempted by the idea of buying an electric vehicle? Are there a thousand and one questions racing through your mind? From where to find recharging stations in Luxembourg to the choice between hybrid or electric technology or even the implications for insurance. Is it actually necessary to take out specific insurance for an electric vehicle? Is it more expensive to insure an electric car? Let us clear up a few points for you.

Creation date : 30/12/2021

Is it necessary to take out specific insurance for electric vehicles?

A hybrid or electric vehicle must be insured just like any petrol or diesel vehicle. In fact, motor insurance policies are the same whatever the drive mechanism. Unfamiliar with motor insurance policies in the Grand Duchy? Here are 7 things you need to know to insure your car in Luxembourg.

Points to watch	Why is this crucial?	AXA advice
The battery (leased or purchased)	This is the most expensive component of the vehicle. If it is leased, the lessor often requires specific cover against damage or theft.	Check that your policy includes ‘Battery damage’ cover covering replacement or repair, whether it belongs to you or whether it is leased.
Electric breakdown assistance / ‘0 km’	Running out of battery power (complete loss of charge) requires special towing to a fast-charging point, which differs from a standard fuel breakdown.	Make sure your breakdown assistance applies right from your doorstep and includes towing to the nearest working charging point.
Home charging station	Your wall charger (Wallbox) installed in your garage or on your property may suffer damage (vandalism, power surge, bad weather).	Declare the installation of your charging station to your insurer so that it is attached to and covered by your home insurance.
The charging cable and accessories	If stolen or damaged while charging in a public space, official cables cost several hundred euros to replace.	Check that the charging accessories (cables, adapters) are properly covered against theft under your policy, even when they are plugged in outside.
Electrical damage cover	The high-voltage system and on-board electronics may suffer internal damage following a power surge during charging (storm, network issue).	Choose effective comprehensive cover (Casco) that protects all the vehicle’s electrical and electronic components.

💡When choosing an AXA car insurance for hybrid or electric vehicles, you automatically benefit of a reduced insurance premium.

How much does electric vehicle insurance cost?

While the policies may be the same, the prices are lower. That’s because AXA is doing its bit to promote greener mobility by granting discounts of 15 to 25% on the insurance premiums of hybrid and electric vehicles. Insuring an electric vehicle is therefore less expensive than an equivalent petrol or diesel vehicle.

Are the battery and charging cables covered?

Theft of your battery and charging cables is covered if you have taken out car insurance with Theft cover. This type of cover is not included in third party insurance, so it’s always a good idea to check your policy with your insurer.

At AXA, you are covered from the "Active + mini-casco" option onwards in the event of theft of your battery or charging cable.

What about charging stations?

If you install a charging station at home, it is insured and covered under your home insurance policy.

What happens if I break down?

Please note: in Luxembourg, assistance in the event of a breakdown is not included by default in car insurance policies. Remember to take out this option to be eligible for assistance in case of electrical breakdown or a flat battery. At AXA, this option will cost you around € 75 per year.

Still have a few questions? Don't hesitate to contact an AXA Luxembourg agent to check your coverage. Have a good trip!

💡When choosing an AXA car insurance for hybrid or electric vehicles, you automatically benefit of a reduced insurance premium.