Cost To Insure Electric Cars. Electric cars (evs) are often more expensive to insure due to their higher purchasing price, unique and costly features and because of the potential risk they can. But the difference is gradually becoming smaller.
Reviewed by licensed agent brandy law. It costs about 20% more to insure an electric.
The Canadian Government Provides Rebates Of Up To $5,000.
According to comparison provider confused.com, the average premium across all car types has increased by 58% in the past 12 months, from £586 to a record.
That’s Almost Double The $1,739 Average Annual Cost Of.
Electric cars (evs) are often more expensive to insure due to their higher purchasing price, unique and costly features and because of the potential risk they can.
On Average, Car Insurance For An Electric Car Is About $337 Per Month, Or $4,043 Per Year.
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However, That Number Quickly Jumps To Over $2,200 Annually (On Average) When You Insure An Electric Car.
It costs about 20% more to insure an electric.
Reviewed By Licensed Agent Brandy Law.
According to comparison provider confused.com, the average premium across all car types has increased by 58% in the past 12 months, from £586 to a record.