Insurance for Electric cars can currently be expected to be more expensive than for Petrol or Diesel ones purely due to the current small size of the market. However Compare the Market reports that “Insurance costs are becoming more competitive” March 2020.
In the YouTube video ‘The truth about Electric car insurance – Is it more expensive?’ May 2020 EVM, in the video below, finds the Kia e-Niro to be 10% more expensive than its Petrol equivalent, however he points out that the electric version car is more expensive to purchase and so more expensive to replace. The Electric version is also much more powerful. Some policies include towing to the nearest charge point in case of a 0% remaining charge situation, a pretty rare event, however Breakdown cover would include this.