this post was submitted on 12 Mar 2026
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Electric Vehicles
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When I looked at used car insurance rates recently, EV rates were significantly higher for cars of similar selling prices. That may just be due to the fact the initial sticker price is substantially more for an EV than it is for a similar gas vehicle.
I think without paying for gas I am sure the EV is cheaper still overall. Especially the way prices are going
Probably so, but it's better to be aware of the costs up front so you can take everything into account when making a purchase decision.
Good to know. Thank you
Not sure where you get that idea.
EV insurance is higher because Teslas cause more crashes than any other brand. EVs are full of distractions.
"I get that idea" by getting quotes directly from my insurer on various EV's models that don't include Teslas. Where do you get the idea that Tesla crash statistics define the insurance cost for every EV on the market?