Is Auto Insurance More Expensive if You Own an Electric Car?

In today’s world, more and more people are switching to electric vehicles. If you too are thinking about making the switch, you might be wondering about how it will affect your car insurance rates.


There is no definitive answer as to whether or not electric automobiles cost more to insure. At the end of the day, insurance companies only care about risk. So you (and your driving record) will be the ultimate factor when they are deciding how high the premiums will be. However, electric cars tend to cost more to build and maintain than gas powered cars. After all, replacing a battery will cost much more than replacing an engine, simply because the technology is more advanced.  While there are many factors at play, you can assume that your electric vehicle will cost more to insure than your old gas powered one.


At Insurance Navy in Palos Hills, we offer low-cost auto insurance rates. Whether you are driving an electric or gas powered vehicle in or around the city of Chicago, we will set you up with a high-quality and affordable car insurance policy. If you have any questions, the Insurance Navy agents are here to help. You can also learn more about our cheap auto insurance policies by visiting our website at

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