How much more does it cost to insure an electric vehicle?

11 minutes ago

Buyers have been snapping up electric vehicles as the cost of fuel increased.

Buyers have been snapping up electric vehicles as the cost of fuel increased, but there's a warning that insurance could be pricey.

Justin Lim, chief executive of insurance comparison site Quashed, said electric vehicles would generally cost more to insure than petrol or diesel cars, but there could be a lot of variation between models.

He said across the case studies he used, EV insurance premiums were anything from 6 percent to 38 percent higher than their petrol or hybrid equivalents.