What Is The Cheapest Electric Car To Insure?

Electric cars have become increasingly popular in recent years, as they are cheaper to run and more environmentally friendly than traditional gas-powered cars. But one thing to consider when buying an electric car is the cost of insurance. While electric cars tend to be cheaper to insure than gas-powered cars, the cost can vary between different models and companies. So, what is the cheapest electric car to insure?

Factors That Impact Insurance Costs

When it comes to insuring an electric car, there are several factors that can impact the cost. The first is the make and model of the car. Generally, electric cars are cheaper to insure than gas-powered cars, but some models are more expensive than others. The second factor is the age and driving history of the driver. Insurance companies will often offer discounts to drivers with a clean driving record and no prior claims.

Cheapest Electric Cars to Insure

When it comes to the cheapest electric cars to insure, the Tesla Model 3 is usually at the top of the list. This car is known for its safety features, as well as its long range and high performance. Other popular electric cars that are relatively cheap to insure include the Nissan Leaf, the Chevrolet Bolt, and the BMW i3. All of these cars have good safety features and reliable performance.

How to Get the Best Insurance Rates

If you're looking to get the best insurance rates for your electric car, there are several things you can do. First, shop around and compare rates from different companies. Different companies will offer different rates, so it's important to compare as many as possible. Second, consider raising your deductible. A higher deductible will mean lower monthly premiums, but you'll have to pay more out-of-pocket in the event of an accident. Finally, consider taking a defensive driving course. Insurance companies often offer discounts to drivers who have completed a defensive driving course.

Conclusion

When it comes to insuring an electric car, the Tesla Model 3 is usually the cheapest option. However, there are several other electric cars that are relatively inexpensive to insure. To get the best rates, it's important to shop around and compare quotes from different companies. Additionally, consider raising your deductible and taking a defensive driving course, as these can both help to lower your monthly premiums.