Gjensidige Warns Electric Vehicle Owners: Insurance May Not Cover Reduction gearbox Repairs
Oslo, norway – Electric vehicle (EV) owners with Gjensidige insurance may face unexpected repair costs related to their car’s reduction gearbox and drive systems, as standard policies may not fully cover maintenance or failures in these components. While electric motors themselves typically don’t adhere to traditional service intervals, the gearboxes responsible for transferring power do require attention, according to industry expert Stian Rysstad. Many car manufacturers are now implementing oil change intervals for these systems, a service potentially excluded from standard EV insurance coverage.
This emerging issue impacts a growing segment of the Norwegian automotive market, as EV adoption continues to rise. Without explicit coverage for reduction gearbox maintenance and potential repairs, EV owners could be responsible for notable expenses. The cost of these repairs can vary widely depending on the vehicle model and extent of the damage,but represents a potentially ample financial burden for policyholders. Gjensidige is urging customers to review their policies and understand the scope of coverage related to these critical EV components.
Rysstad emphasizes that while the electric motor itself often requires minimal servicing, “the engine on an electric car is normally not specific service intervals, but on the electric car’s reduction gearbox and drive there are many car brands operating with intervals on oil change.” This highlights a key difference between EVs and traditional internal combustion engine vehicles, where routine engine maintenance is typically a standard insurance consideration.
