Comparison Electric Vs Gas Vehicle Insurance Rates Master

Comparison Electric Vs Gas Vehicle Insurance Rates Master. According to data provided by the zebra, an insurance comparison website, a chevrolet bolt ev costs $78 more per year to insure than a hyundai ioniq blue, a hybrid. The average cost for the most expensive ev, a 2017 tesla model s, would cost $200.42 per month to insure.


Comparison Electric Vs Gas Vehicle Insurance Rates Master

The most obvious difference between electric and gas cars is fuel cost. The least expensive ev, a 2019 kia niro, averages about $165.92.

Second, Evs Have Lower Maintenance Costs.

They still only make up 4.6.

Any Other Coverage Required In The State.

As a result, the cost of insuring an ev is typically higher compared.

According To Value Peguin, The Average Ev Counterpart To A Gas Vehicle Cost 25% More Annually To Insure.

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Electric Cars Run On Electricity, Which Is Typically Cheaper Than.

According to value peguin, the average ev counterpart to a gas vehicle cost 25% more annually to insure.

In The First Quarter Of 2022.

Although, electricity costs can vary from state to state.

Since The Average American Driver Drives 14,263 Miles In A Year, That Would Be A Total Yearly Cost Of $2,425.