Hybrid and EV Insurance Market - Global Trend and Outlook to 2029

 Hybrid and EV insurance refer to insurance policies specifically designed for hybrid and electric vehicles. These policies offer coverage for damages or losses incurred by the insured vehicle or third-party vehicles in case of an accident. They also provide additional coverage such as protection for the battery, charging cables, and charging stations. Hybrid and EV insurance policies are becoming increasingly popular as more people are purchasing electric or hybrid vehicles due to their environmental benefits and fuel efficiency.