EV insurance rates.

I didn’t know this, did you?

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On average, electric vehicle models cost 15% more to insure than conventional gas-powered vehicles.

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Of the electric vehicle models that had corresponding combustion models, MoneyGeek found 6% to 40% higher premiums.

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Teslas are amongst the most costly electric vehicles to insure.

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15 of the 17 EV models’ insurance rates were higher than the national average.

MOST EXPENSIVE ELECTRIC VEHICLES TO INSURE
  • Vehicle
    Year
    Annual Premium
  • 1.
    Porsche Taycan
    2021
    $3,567
  • 2.
    Tesla Model S
    2021
    $3,022
  • 3.
    Tesla Model X
    2021
    $2,885
  • 4.
    Tesla Model Y
    2021
    $1,901
  • 5.
    Audi E Tron
    2021
    $1,893
  • 6.
    Volvo XC40 Recharge
    2021
    $1,886
  • 7.
    Tesla Model 3
    2021
    $1,855
  • 8.
    Ford Mustang Mach E
    2021
    $1,784
  • 9.
    BMW I3
    2021
    $1,700
  • 10.
    VW ID.4
    2021
    $1,679

So as the ‘savings’ on electricity vs. gasoline fluctuate as gasoline and the price of a Kilowatt both surge.  You will be spending more than that savings might be each month for car insurance.

About On the North River

Forty years toiled in the Tel-com industry, married for 36 years widowed at sixty-one. New girlfriend at sixty-five. Was a Tea Party supporter. Today a follower of the Last American President to be honestly elected, Donald J. Trump.
This entry was posted in 2022, Global Warming Hoax. Bookmark the permalink.

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