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Will Electric Vehicles be Safer?

Paul Carroll, Editor-in-Chief of ITL

Now that we seem to have reached a tipping point and will see far faster adoption of electric vehicles, a key question arises for insurers: Will they be safer or riskier?

In theory, they'll be safer, if only because the massive battery power will allow for a profusion of sensors and related safety devices. But we all know how theories can play out in practice. So, Cambridge Mobile Telematics took a hard look at performance to date and found that the answer is... a definite maybe.

The factors involved are complex, and the stakes are high, so it's worth taking a look at the countervailing forces they've identified and at their analysis.

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