Porsche is setting up electric car insurance for the Taycan
With the launch of the Taycan, Porsche Financial Services is now offering not only established motor vehicle insurance but also a policy specially tailored to electric cars.
The new insurance offer is still simply called the Taycan policy, which is likely to change with the premiere of further electric cars from Porsche. According to the press release, the new policy supplements the existing Porsche CarPolicy with, for example, special protection for the battery and charging station as well as mobility protection. Porsche did not give any information on the policy’s costs or detailed conditions in the press release.
In addition to the complete insurance for the Taycan, the special electric mobility services can also be booked individually under the name E-Cover in order to supplement an existing insurance policy. “To give our customers complete peace of mind when they switch to one of our Porsche e-performance models, we have created ‘E-Cover’ to protect e-mobility-specific components separately to the existing car insurance,” says Holger Peters, CEO of Porsche Financial Services. “A highlight of ‘E-Cover’ is the original price protection for the battery in the event of damage. Extensive cyber protection is another innovative component of the product”. E-Cover is further not only available for the Taycan, but also for the plug-in hybrid models of the Cayenne and Panamera series.
Porsche Financial Services, based in Bietigheim-Bissingen, Germany, is a wholly-owned subsidiary of the sports car manufacturer. In addition to insurance and credit cards, the internationally active company also offers financing services for vehicles from Porsche, Bentley, Lamborghini and Bugatti.
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