Everyone's circumstances are different so impossible to make generalizations like "insurance goes up for an EV".

Mine went up ~$13/mo but I replaced a 20 year old car with a brand new one.

 

I'm in Oregon, and full coverage insurance (comprehensive, collision, etc.) for my 2023 Bolt EUV Premier was a couple bucks a month cheaper than the 2018 Hyundai Elantra that I was driving before I got the Bolt.
:^)
YMMV

 

Not so here. My insurance company offers a Green Discount for EVs. As well as for winter tires etc.

 

You guys have it made up there unless you get attacked by a moose.

 

I traded in my 2018 Volt on my 2022 Bolt EUV, my full coverage insurance rate went up LESS than $5 per month.

 

I am in Maryland, and Progressive gave me a one-payment rate of $314 for a 6-month policy.

 

I am soo jealous, I, a 65 years old man am paying about twice that here in central cali 😢

 

I think mine is $350/6 months, which is about the same as what I am paying for my 3/4 ton pickup.

 

Volt->Bolt

Insurance went up $200 a year, because it's brand new/value of car versus what it replaced.

 

Ouch, mine went up $2K a year.

 

Holy crap! That is some whacky stuff there. Beginning to think any change in policy is taken as free reign for the big price gouge.

 

I had a Chevy Sonic '20 MY and the insurance on the Bolt is less by almost 100$ every 6 months.

 

I just replaced my 2017 Prius Prime with a 2022 EUV Premier and my insurance (identical coverage) went up by $100/6 months, pretty typical for a new car.

 

Not sure about the Bolt(will know in 6 weeks), but my ID4 is the cheapest on my plan out of 3 cars. But I do have young drivers assigned to the other cars. Insurance is also really hard to compare amongst strangers. Too many variables.

 

Mine went down by about 20%

 

Mine went up from BMW i3 to Bolt. But I live in a whacky county.

 

No difference here in Maine with Hartford policy.

 

Those prices seem very reasonalble for a new car, much less a new EV. Maybe the writer of the article was looking more at something like Tesla? If I can find the article again I'll post it up.

My policy is 900.00 every 6 months with state Farm for three cars. It would probably be slightly lower, but I got into a fender bender a few months ago that was techically my fault.
Whatever the Bolt is would be in addition to that unless I decided to sell a few of the other cars to lighten the load. I know I could probably get a better rate, but I prefer a local representative over an internet company.

I hope it never happens to any of us. With the difficulty in getting these cars, I can't imagine what a replacement would involve. Probably another long wait. They would settle out and make me look for one.
I have also thought about roadside assistence. That would probably just involve me leaving the car and riding home with someone else.

 

Decided to resurrect this thread for reflection of previous participants.

Mid-December 2023, traded a $49,000 valued 2022 diesel Jeep for a 2023 Chevrolet Bolt EUV Premier. Insurance carrier says I owe $281 for the remaining 4 months of a two vehicle policy, 12 month term. Viewing the per vehicle premium shows an increase of $806 for a 12 month term, double the cost of the Jeep. Twenty eight years since my last claim and 11 years since my last violation, 8mph over.

The above info is accurate from the Insurers site. Auto and home insurers have gone the same way of the medical industry. Squeeze baby squeeze is the motto of all "American" corporations.

Policy renewal time may bring a big shift in vehicle considerations at this household. How much fuel savings makes up for an eight hundred dollar policy premium increase? At my maximum of 7,000 miles per year it's a wash for a lesser vehicle. Figuring a cost of 0.17 per mile using diesel (a bonifide figure from my spreadsheet log) against 0.06 per mile for electric. The diesel has a range of near 500 miles per tank with easily located pumps and much more interior space. And, it can handle off road travel.

Wonder if previous posters are still experiencing affordable rates one year later.

 

looks my premium is going up $10 for the upcoming 6 months period ...
I suggest you get some quotes from the competition ...

 

If I were to move one county over I'd get a huge savings.

 

In Massachusetts the premium difference between my ICE vehicle and the Bolt is barely negligible... IMO this is more FUD put out by big oil...

 

Here in Northern VA, there is a new law dealing with under/ non insured drivers, that sent prices sky rocketing. My progressive insurance(4 cars, 5 drivers) went up 28%. Got 3 other quotes from other companies. They are in the same price range. All 4 of my cars went up 28%, so the increase was not targeting a certain type of car.

 

When Wisconsin made insurance mandatory the rates doubled across the board overnight.

Self insurance is illegal so there really is no alternative to hold premiums down.

It also became a legal maneuver to remove insurance on cars that are only used part of the year (they won’t remove insurance without a lot of pain)

 

I'm in Ontario Canada. My insurance for my 23' EUV is cheaper than what I was paying for an 8 yr old Ford Escape. I am paying, with full coverage, about $92.00 per month (about a tank of gas in the Escape). As I understand it from my agent, buying insurance from a regional company is cheaper here in Ontario. I switched agents about 6 yrs ago because all my insurance I had with them doubled in price over a yr. They blamed it on the fires and floods in western Canada at the time. Well if you are not insuring high risk areas, you can give better premiums to your clientele. So my agent has me insured with regional companies across the board I believe.