Electric Car Insurance Cost Uk

Electric Car Insurance Cost Uk Electric cars are more expensive to insure in the UK due to higher purchase prices the cost of battery technology and specialised repairs While insurance premiums do fluctuate based on various factors such as the vehicle model the driver s history and the specific insurer insuring an EV costs more

At the moment car insurance is generally more expensive for electric vehicles Our data found that the median comprehensive electric car insurance policy costs 572 while the Electric car insurance costs between 480 and 1 600 with the average UK quote being 629 Find out why it is more expensive to insure an electric car here

Electric Car Insurance Cost Uk

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According to comparison site Confused the average electric car insurance premium in May 2024 was 910 compared with 790 for a hybrid car and 670 for a petrol or diesel car In the Initial Cost and Vehicle Value Electric car insurance costs UK are influenced by the vehicle s purchase price which is generally higher due to advanced technology and battery costs According to a 2023 report by the UK Department for Transport electric vehicles are on average 20 30 more expensive than their petrol or diesel counterparts

In 2021 electric car insurance cost on average 1 238 a year but in 2022 average premiums fell by 141 to 1 097 a year In comparison in 2022 on average diesel cars cost 1 119 to insure while petrol cars cost 1 087 2 still for the moment slightly cheaper When it comes to buying an electric car it s Mazda cars that are the cheapest to insure with an average premium of just 382 followed by Mini 437 DS 442 and MG Motor 444

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Our Defaqto 5 Star rated car insurance is designed with EV specific features to keep you moving Includes recovery if you run out of charge Get a quote online With manufacturers making more affordable models and UK infrastructure getting better with each passing year many people are choosing to make the switch to electric and finding the cheapest UK electric car insurance can be difficult

How Much Do Electric Car Insurance Premiums in the UK Cost A comprehensive insurance policy for an electric car in the UK can cost between 480 and 1 600 per year depending on its make model and trim level The car s Our team reviewed the leading electric car insurance companies in the UK drawing insights from trusted sources such as the Electric Car Guides EV focus group alongside consumer reviews and our own expert assessment

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Average Cost Of Electric Car Insurance UK 2022 NimbleFins
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Electric cars are more expensive to insure in the UK due to higher purchase prices the cost of battery technology and specialised repairs While insurance premiums do fluctuate based on various factors such as the vehicle model the driver s history and the specific insurer insuring an EV costs more

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At the moment car insurance is generally more expensive for electric vehicles Our data found that the median comprehensive electric car insurance policy costs 572 while the


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Electric Car Insurance Cost Uk - In 2021 electric car insurance cost on average 1 238 a year but in 2022 average premiums fell by 141 to 1 097 a year In comparison in 2022 on average diesel cars cost 1 119 to insure while petrol cars cost 1 087 2 still for the moment slightly cheaper