• Fri. Dec 8th, 2023

Car Auto Insurance

It's My Car Car Auto Insurance

Electric vehicles with the least expensive auto insurance in 2022

Kia Soul EV

(Photo: Matti Blume via Wikipedia Commons)

Nissan Leaf

(Photo: Vauxford via Wikipedia Commons)

Hyundai Ioniq

(Photo: Chu via Wikipedia Commons)

Mazda MX-30

(Photo: TTTNIS via Wikipedia Commons)

Chevrolet Bolt EV

(Photo: UltraTech66 via Wikipedia Commons)

BMW i4

(Photo: Alexander Migl via Wikipedia Commons)

Kia EV6

(Photo: Alexander Migl via Wikipedia Commons)

Audi Q4 E-Tron

(Photo: Alexander Migl via Wikipedia Commons)

Ford Mustang Mach-E

(Photo: Alexander Migl via Wikipedia Commons)

Honda Clarity

(Photo: Lady-Natalya via Wikipedia Commons)

Volvo XC40 Recharge

(Photo: Mario Roberto Durán Ortiz via Wikipedia Commons)

Jaguar I-Pace

(Photo: Y. Leclercq via Wikipedia Commons)

BMW ix xDrive50

(Photo: BMW)

Mercedes EQS 450+

(Photo: Calreyn88 via Wikipedia Commons)

Porsche Taycan

(Photo: Johannes Maximilian via Wikipedia Commons)

Tesla Model Y

(Photo: Smnt via Wikipedia Commons)

Tesla Model 3

(Photo: Tokumeigakarinoaoshima via Wikipedia Commons)

More than one out of five U.S. drivers aspire to purchase an electric vehicle (EV) when the time comes for a new car, according to Forbes.

At least some of those drivers, however, may pause on that decision once they learn that electric vehicles tend to be more expensive to insure than traditional cars and trucks. Bankrate.com says the reason for higher electric-vehicle premiums is that these coveted, sustainable automobiles are often more expensive to build and repair than traditional vehicles.

So the sweet spot for many drivers may be an electric vehicle that’s also affordable to insure.

“Many consumers are drawn to EVs due to their concern for the environment and their desire to cut down on their carbon footprint,” Chong Gao, director of Product Management R&D for Mercury Insurance said in a recent press release. “Lower operating costs and the convenience to charge their car at home, work, or while running errands were also cited as benefits.”

With vehicle popularity and insurance affordability in mind, Mercury Insurance recently compiled a list of the model-year 2022 electric vehicles that tend to be the most affordable to insure. The slideshow above illustrates these affordable-to-insure EVs, according to Mercury Insurance, which is one insurance carrier that offers a discount for electric vehicles.

See also:


By admin

Leave a Reply

Your email address will not be published. Required fields are marked *