Electric Car Insurance: are they REALLY more expensive? Tesla/EVs v ICE compared. What do you pay?

I’ve been asked a lot recently to share my thoughts on insurance. Some say it’s much more expensive than it used to be and there are many newspaper and media headlines claiming electric cars as being hugely expensive compared to ICE, but are they really?

In this episode I run some comparisons between various cars based on our quotes on staff in the offices here.
We each get quotes for various cars, then take the cheapest of each and average it across us, from 27-49 year olds at our home addresses and how we would sue them. Fair real world comparison but of course with insurance there are so many variables!
Where you live, age, dependents, driving history and more. We can’t test everything but this is what we found for us!

I’ll also share some opinions on why Tesla insurance may be high. But…. If we compare to similar performance and price bracket cars, are they Really more expensive?

Apparently insurance as a whole has gone up by 58% in the last year (not for EVs, but ALL car insurance, on average)

Let me know what comparison you have!

Thanks for watching

Richard Symons
R Symons LTD “RSEV”
EV Specialist based in New Milton, Hampshire on the South Coast near Southampton and Bournemouth
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