Why the Cost of Insuring an EV is Higher Than for a Gas Vehicle
Posted: December 23, 2024
If you've been considering purchasing an electric vehicle, be sure that you consider the cost of insuring it before you buy. Due to the complexity of these vehicles and higher repair costs, even the least expensive EVs like the Chevy Bolt and the Nissan Leaf cost more to insure than gas-powered cars that are larger. There is some debate whether those added costs are balanced...