Is Electric Car Insurance REALLY More Expensive? EV Car Insurance EXPLAINED!
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Thinking of going electric? In this video, we'll look at insurance costs for EVs vs gas cars.
We'll cover:
→ Why EV insurance is more expensive
→ Cost comparisons - Tesla vs RAV4
→Tips to find affordable electric car coverage
The reason EVs cost more to insure boils down to expensive repairs and limited mechanic options. More risk for insurers = higher premiums for you.
Using real Jerry quotes, we'll see a Tesla Model Y costs around $180/month more to insure than a Toyota RAV4. That's a steep difference!
By the end of this video, you'll know exactly what to expect from EV insurance costs. No surprises when it's time to buy and insure your new electric ride! So if you're thinking about joining the EV revolution, this video is a must-watch. Drop your EV questions below!
#ElectricVehicles #EVCarInsurance
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Meet Jerry—your new go-to car expert. At Jerry, we’re on a mission to redefine and radically improve how people manage owning a car. Like & subscribe for videos on everything from driving safely to tips to save money on your car costs like nobody’s business.
Jerry is America’s first AllCar™ app — and it’s packed with features designed to eliminate car ownership frustrations. Find a great insurance rate in seconds with our most advanced shopping experience ever, refinance your car loan to a lower rate, stay safe on the road with our safety score tracker, and know exactly what you should pay for maintenance and repairs. Oh, and did we mention rewards? Yep, you earn them just for safe driving.
Jerry is available in all 50 states, it’s completely free to use, and we save customers about $800 a year on car insurance alone. It’s no wonder we’re the #1 rated and most downloaded car insurance app. So make the move to Jerry. Because we car.
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Table of Contents:
00:00 Introduction
00:37 Why EVs cost more to insure (on average)
01:26 How much more expensive is it?
02:17 How to save on EV car insurance