Comparing Auto Insurance and Ownership Costs for Electric Vehicles
18 Mar 2023 | Abstracted from Driving/Canada
"There are many factors that insurance companies consider while determining the premium...Companies also consider the cost to replace a vehicle, which is usually higher if the vehicle uses advanced technology"The quotes revealed that one of the most affordable EVs to insure, the Kia Soul EV Premium, is 30 per cent more affordable to insure than your standard Honda Civic LX gas-powered vehicle."
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