Comparison Electric Vs Gas Vehicle Insurance Rates. The cost of going green: The more expensive a vehicle is to replace, generally the more expensive it is to insure, too.
How do insurance premiums for evs and gas vehicles compare? On average, car insurance for an electric car is about $337 per month, or $4,043 per year.
Because Insurance Is Designed To Cover The Value Of Your Car, Vehicles With High List Prices — Including Many Hybrid Cars Or.
The more expensive a vehicle is to replace, generally the more expensive it is to insure, too.
Typically Gas Cars Have The Lowest Initial Cost, Electric Vehicles Have The Highest, And Hybrids Fall In Between.
What to know before you buy.
How Do Insurance Premiums For Evs And Gas Vehicles Compare?
Images References :
Electric Vehicles May Help You Save On Gas, But A New Analysis Finds They Have 15.5 Percent Higher Average Insurance Rates Than Comparable Gas Models.
Are evs cheaper than gas?
For A More Detailed Assessment Of Total Greenhouse Gas (Ghg) Emissions.
Regardless of these differences, electric cars are often cheaper to run than gasoline cars because of their better energy efficiency.