Today, we’re diving into the super-stimulating world of car insurance to answer the question: are electric vehicles (EVs) more expensive to insure than their petrol and diesel counterparts? 

You want the truth?

Yes, electric vehicles can be more expensive to insure. But before you start hyperventilating, let’s break down why:

1. Gadgets: EVs tend to be car manufacturer’s showcase models. They are often packed with tech. From regenerative braking systems to advanced battery packs, EVs are a tech nerd’s dream. New tech comes at a price.
2. Batteries: The battery is the most expensive part to replace. If your battery decides to take an early retirement, you could be looking at a hefty bill. Insurers know this, and they adjust premiums accordingly.
3. Familiarity: Petrol and diesel cars have dominated for over a century. Insurers have a mountain of data on these vehicles, making it easier to assess risks and set premiums.

What can I do? 

Here are some tips to help you secure better car insurance rates:

1. Shop Around: Don’t settle for the first quote. Compare rates – there are insurers that offer quotes on par with petrol and diesel, including EV specialist insurers. 
2. Take Advantage of Discounts: Many insurers offer discounts for EV owners. Look for green vehicle discounts, safe driver discounts, and bundling discounts if you have other policies with the same insurer.
3. Increase Your Excess: Opting for higher excess usually lowers your premium. Just make sure you can afford the excess in case of an accident.
4. Install Safety Features: Equipping your EV with additional safety features like anti-theft devices and driver assistance systems can reduce your insurance costs.
5. Drive Safely: A clean driving record with no accidents or traffic violations will help you get lower rates, obvs.

If you are looking for EV specific insurance quotes, here are some good places to start:

1. cleangreencars.co.uk
2. mustard.co.uk
3. comparethemarket.com

Keep the faith. The insurance landscape is quickly evolving, and as EVs become more mainstream, we can expect data to improve and premiums to level out. Plus, think of all the money you’ll save on fuel, road taxes and congestion charges.