It costs on average 49% more to insure an electric vehicle than to insure a gas-powered car, recently released data from the digital insurance agent Insurify show.
I believe Teslas specifically are also expensive to insure, there’s a reason Tesla offers their own insurance. So if they’re just being lumped into EV vs ICE, instead of breaking it down further, that would explain some of it as well.
I believe Teslas specifically are also expensive to insure, there’s a reason Tesla offers their own insurance. So if they’re just being lumped into EV vs ICE, instead of breaking it down further, that would explain some of it as well.