Zero-emission transportation insurance: full coverage for electric and hydrogen vehicles

The strong growth in the number of zero-emission vehicles among transport companies brings new challenges, especially in the field of insurance. With its zero-emission insurance, TVM Belgium offers a solution specifically tailored to the needs of electric and hydrogen vehicles. This insurance covers not only the usual risks, but is designed for the unique characteristics of zero-emission vehicles. Thus, companies are optimally supported in their transition to sustainable mobility.

More and more clients are demanding zero-emission transportation. This energy transition requires substantial investments and is complex. "We want to remove barriers with our zero-emission insurance and help companies to include zero-emission vehicles in their fleet," says Jan van Waterschoot, commercial director at TVM Belgium. "Our insurance provides coverage for specific risks of zero-emission vehicles. I am thinking, for example, of the fire risk: the intensity is much higher than for a classic vehicle and the fire lasts much longer. We fully cover these additional risks within our insurance. Both for trucks and vans, and for commercial vehicles and work equipment. In this way, companies are protected against potentially high costs for damage repairs."

Protection of purchase subsidies and investments

In addition to the usual coverages, zero-emission insurance also provides protection for subsidies that companies receive for the purchase of zero-emission vehicles. Subsidies are often an essential part of financing zero-emission vehicles, as they are often more expensive than a traditional truck. "If a vehicle is lost, customers don't have to worry about having to repay subsidies. We reimburse the purchase subsidy, provided it is included in the insured value. For new vehicles, with an insured amount higher or equal to the list value at purchase, TVM reimburses 100% of the insured amount for the first year in case of total loss. If the replacement value is higher than the insured value, we even reimburse up to 110% in the first year. This gives companies the financial security to invest in sustainable technologies without major risks."

Specialized breakdown and damage assistance

TVM additionally provides operational support in case of breakdown or damage. "We provide specialized salvage and expert repair of crucial parts such as the electric motor, hydrogen tank or batteries. Charging cables are also covered as standard, even while charging. Moreover, a team of experts specifically trained to recover zero-emission vehicles quickly and safely is always available. This means that companies can count not only on fast assistance, but also on technical know-how that is perfectly aligned with the latest vehicle technologies. TVM's fast and specialized service minimizes the time vehicles are out of service. Expert repair prevents minor technical problems from leading to a long operational downtime. Thus, companies avoid costs and delays."

Existing benefits continue to apply

In addition to the specific benefits for zero-emission vehicles, all of TVM's existing transport insurance benefits remain in effect. "In the event of an accident involving a truck or van, we still reimburse depot and repatriation costs. Damage caused by collisions between your own vehicles also remains covered, even if it occurred on your own property. In addition, we offer assistance to drivers who fall ill or have an accident while abroad."