You’ll never believe how much it cost to renew my electric car insurance! As a proud owner of an electric car, I was shocked to see the increase in my insurance premium when it came time to renew. The cost was nearly double what I had paid the previous year, even though I had not made any claims or had any accidents.
I reached out to my insurance provider to inquire about the drastic increase, and they explained that the rising costs were due to the increasing popularity of Electric cars and the higher cost of repairs and replacement parts. It was disheartening to see the financial burden that comes with owning an environmentally friendly vehicle.
While I understand the need for insurance to protect myself and my car, the steep increase was a harsh reality check. So, if you’re thinking about purchasing an electric car, be prepared for potentially higher insurance costs. It’s definitely something to consider before making the switch to a greener vehicle.
Watch an interesting video on this topic: You'll nEVer believe HOW MUCH it cost to RENEW my ELECTRIC CAR INSURANCE!
You’ll nEVer believe HOW MUCH it cost to RENEW my ELECTRIC CAR INSURANCE! The cost of car insurance has gone through the roof for Electric Cars, some EV owners are being quoted in excess of £10,000 for the year. I recently called my Insurance company to renew mu car insurance and I was shocked!
#carinsurance #electriccar #electricvehicle #evs #insurance #cars #car
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The Tesla Model Y just received the highest possible safety rating from IIHS, this is the car you want your loved ones in if you take safety very seriously pic.twitter.com/ve07Lzp2YN
— Teslaconomics (@Teslaconomics) February 27, 2024