The Electric Car Insurance Index - 2026

How much does it typically cost to insure an electric car?

We’ve crunched the numbers to work out the average monthly car insurance premium for new electric cars in 2025. We can also reveal the top 10 most expensive and cheapest new electric cars to insure, based on our data*.

Top 10 cheapest new electric cars to insure

It’s no surprise that small cars are among the cheapest to insure, with the Renault R5 topping the table with an average annual premium of just £417.64.

Coming a close second for cheap EV car insurance is the Mini Cooper S Level 2 and the Valkswagen ID 3 Life 204 in third place.

Make and model	Average annual premium
RENAULT, R5	£417.64
MINI, Cooper S Level 2	£445.58
VOLKSWAGEN, ID 3 Life 204	£477.81
MINI, Cooper S Level 3	£486.05
NISSAN, Leaf Tekna	£487.85
KIA, Niro 3	£507.68
NISSAN, Leaf E+ Tekna	£515.85
VAUXHALL, Frontera	£532.75
FORD, Puma	£538.24
NISSAN, Qashqai E Power Tekna	£541.89

How much does it cost to insure an electric car?

EV vehicles are usually more expensive to insure because their repairs are more complex, components are more expensive, and technicians require special training to repair sophisticated software.

Vehicle fuel type	Average annual car insurance price
Electric	£562^{^}
Diesel	£515^{^}
Petrol	£487^{^}

Top 10 most expensive new electric cars to insure

Naturally, the most expensive electric cars to insure are the premium models which fall into higher car insurance groups.

The number one most expensive electric car to insure is Jaguar I-Pace 400SE with an average cost of £921.59 per year to insure, with Tesla taking both second and third place with the Tesla Model-Y Long Range and the Model-Y Standard Range as the most expensive vehicles to insure.

Make and model	Average annual premium
JAGUAR, I-Pace 400 SE	£921.59
TESLA, Model-Y Long Range AWD	£895.76
TESLA, Model-Y Standard Range	£878.14
MERCEDES-BENZ, EQC 400 AMG Line Premium Plus	£872.09
TESLA, Model-3 Standard Range Plus	£868.37
BYD, Seal Excellence	£853.55
AUDI, E-Tron Technik Quattro 50	£838.32
LEAPMOTOR, C10	£825.77
TESLA, Model-3 Long Range AWD	£801.74
TESLA, Model-3 Performance	£799.29

It's important to remember that insurance is just one element of the total cost of owning an electric car. You also need to consider the cost of electric car charging and having a wallbox fitted at home, and the cost of using public electric car chargers, as well as service, maintenance and repair costs, and breakdown cover.

Compare quotes with MoneySuperMarket

You can compare electric car insurance quotes to check the specific model you’re considering buying or leasing.

When comparing electric car insurance quotes, be aware that not all providers offer the same cover. Some providers may offer add-on coverage for your battery, charging cable, home charger, and adaptors.

Certain policies may also include public liability cover in case someone trips over your charging cable and gets hurt.

Aside from comparing quotes and looking at average prices, it’s worth checking what insurance group your electric car is in.

Generally, the lower the group, the cheaper your premium will be. You can do this using our car insurance group checker tool.

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*Consumer intelligence data collected between 01/01/2026 and 05/05/2026 from car insurance policies taken out via the MoneySuperMarket site with a minimum of 100 sales per vehicle, covering electric vehicles only with a main driver holding a full UK licence.