Electric Cars For Sale

Insurance Corp. of British Columbia has announced that the owners of electric cars in Vancouver would not have to pay to higher insurance than the owners of conventional gas-powered cars. Vancouver recently became the first major city of Canada to allow electric cars on its roads. Though major automakers have already shown their faith in the ‘car of the future’ by developing electric cars for sale, Transport Canada took its time in giving permits to such cars because it was concerned about the fact that electric cars were not required to have safety standards like regular cars, for example, anchored seatbelts and air bags. This is why it has permitted electric cars with certain recommendations, like electric cars should be allowed in controlled environments like university campuses or gated communities. However the provinces were given the power to format their own regulations.

Though the ICBC is aware of Transport Canada’s concerns, for the time being at least it has planned to insure electric cars just like it does conventional cars. So if you buy electric car for personal use and not for your daily commute, then you would need to pay around $1,300 annually. ICBC has insured only 21 electric cars until now, as more cars get insured it will be in a better position to conclude about their safety.