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Last Updated: 7/24/2026

Electric vehicles (EVs) generally refer to vehicles powered in whole or in part by electricity, including battery electric vehicles and plug-in hybrid electric vehicles. Traditional hybrid vehicles use both an internal combustion engine (ICE) and an electric motor but do not plug in to recharge. EVs may cost more to insure than ICE vehicles for various reasons. Key cost factors may include higher vehicle values, specialized repair needs, battery repair or replacement costs, parts availability, and the number of repair facilities equipped to service EVs.

Sales of EVs, including plug-in hybrids, increased significantly between 2020 and 2025, contributing to a growing number of EVs on the road. As EV adoption grows, insurance regulators and consumers may continue to consider how EV characteristics affect auto insurance pricing, claim costs, repairs, and consumer information. On average, . Other consumer insurance cost estimates vary by vehicle model, driver profile, selected coverage, state, insurer, and comparison group. have been identified in some consumer insurance comparisons as among the more expensive EV models to insure. Some automakers and insurers also offer usage-based or telematics-based insurance programs in select states. These programs, such as Tesla’s own auto insurance product, may use vehicle or driving data to help price coverage, but availability and premium impact vary by insurer, state, driver, and vehicle.

Factors that may affect EV underwriting or claims costs include the availability of qualified repair shops, repair complexity, parts and battery costs, pedestrian safety considerations related to quieter operation, cybersecurity considerations, and automated driving features, when applicable. Because EVs have become more popular relatively recently, the market for replacement parts and specialized repair labor is still developing in some areas. While . Battery-related repairs may require specialized training and equipment, and damage to battery systems can affect repair decisions and total loss determinations. In many cases, replacing an electric battery is , despite the battery representing 

As EVs become more common, insurers may have more claims experience to evaluate pricing and loss trends. The Highway Loss Data Institute (HLDI) has found that EVs have had lower claim frequencies than comparable conventional vehicles, while some claim severity measures have been higher. HLDI also found that the difference in average total-loss payments between EVs and conventional vehicles narrowed over time. . EV and hybrid sales have continued to grow, though adoption trends vary by market, vehicle type, price, charging access, and consumer preferences.

°Õ³ó±ð&²Ô²ú²õ±è;±·´¡±õ°ä’s&²Ô²ú²õ±è;Property and Casualty Insurance (C) Committee monitors and responds to issues associated with the products, delivery, and cost of property/casualty (P/C) insurance, including auto insurance. The Transparency and Readability of Consumer Information (C) Working Groupsupports consumer education by reviewing and updating consumer-facing insurance materials, including A Shopping Tool for Automobile Insurance. EV-related insurance issues may be considered as part of ongoing efforts to help consumers better understand auto insurance costs, coverage options, and factors that may affect premiums.