Getting a new EV?  Here’s some info on insuring it:

* Request a quote (before you even buy!)
* Consider How much coverage you need and  your deductible
* Compare several quotes

You can potentially further reduce your payments by:

*Signing up for electronic payments

*Completing a training course if applicable

*Bundle Insurance Coverages

Research Discounts:

Sometimes you can get a discount for choosing EV or Hybrid

*Avoiding accidents/tickets for at least 3 yrs.

It’s possible that your EV may cost more to insure than an ICE Vehicle because of their higher purchase price and the cost to repair or replace.

(Costs will likely reduce as tech and vehicles become cheaper)

*Keep in mind that you ARE saving money by skipping the pump AND saving on any rebates offered on the purchase of your EV/ Hybrid.

Check For Rebates Here: https://www.fueleconomy.gov/feg/taxevb.shtml

PER MILE INSURANCE:

Insurance plan based on your mile usage per month rather than a standard monthly payment.

(Probably best for a seldom used vehicle) 

TESLA INSURANCE:

(Available in limited states)

They determine your Insurance costs monthly depending on your driving.  Tesla uses factors such as: 

* Speed
* Braking
* Following Distance
* Turning
* Use of Auto Pilot 

Tesla also offers Autonomous Vehicle Protection Plan that covers:

* Autonomous Vehicle Owner’s Liability
* Expenses for Cyber Identity Fraud
* Wall charger coverages.

If you own an insured Tesla, other vehicles may be covered under the policy as well. You can even qualify directly from your Tesla App

Go electric ✌🏼