Do you know that electronic scooters' sales have increased by 50% in the United Kingdom since last year?

Chances are, you've seen someone riding an e-scooter on the streets, on your way to work or whilst driving. As more e-scooters are being sold and produced across the globe, there has been an increase in companies offering rental electric scooters.

What's the connection between insurable risk and electric scooters? We're here to share what you should consider about insurance implications with your electronic scooter. Keep reading to learn more!

What Is an eScooter?

An eScooter it's a type of battery-powered scooter that can reach speeds up to 20 miles per hour. You don't have to have a driver's license or any other type of specialty license to operate an electronic scooter.

As popularity for electronic scooters has skyrocketed, there has been an increase in the development of insurance liabilities and other related problems. That's why insurance for eScooters has increased in popularity over the recent years.

Does Car Insurance Cover My Electronic Scooter?

No, your car insurance won't cover your electronic scooter. So if you are involved in an accident while you're riding your electronic scooter, your car insurance policy won't cover any property repairs or medical expenses that come with your accident.

Get into an accident when you're riding your electric scooter, and you may have to pay out-of-pocket for any property damage or medical expenses that occur because of the accident. Also, if you damage another person's property with your scooter, you may be held liable for any repairs for damaged. Also, if you injure a pedestrian, you will be held liable for any medical expenses that they have.

Electronic Scooter Insurance

The regulations and requirements for your electronic scooter will vary depending on your local law. Investing in insurance for your electronic scooter will ensure that damages are covered in case of an accident. You will also be protected against any damage that occurs and any medical expenses as a result of an accident.

Contacting insurance experts in your area will help you better understand what insurance may require your electronic scooter.

Is There Any Insurable Risk for eScooters?

Many programs available in the UK allow users to rent an electric scooter via their phone or tablet. eScooters are tracked via apps that are available throughout the city that the scooter is rented in.

Renters of an electric scooter sign waivers to give up the right to sue a company in case of an accident or injury. Yet, that doesn't completely eliminate insurable risk.

Even with signed wavers, there are other insurance risks that rental companies will face. Some examples include; electronic scooter riders hitting pedestrians, getting injured while riding, creating trip hazards for people passing by on the street, or limiting access for disabled people.

Understanding Insurable Risk With Electronic Scooters

As electronic scooters continue to grow in popularity in the UK, the insurance risk that eScooters present also increases. Understanding what insurable risks that eScooters present can help you. You'll gain an understanding of how to better manage insurance claims made by electronic scooter riders.

Are you interested in outsourcing your electronic scooter insurance claims? We're here to help. Click here to contact us today to learn more!