The insurance comparator “Les ferrets” had published, at the end of last year, a study on the insurance rates for electric vehicles; this shows that, on average, the price is favorable to electric vehicles compared to internal combustion vehicles.
This is only an average because the price aggregates the price of the car and the driver’s personal parameters: seniority, age, geographical area of residence, insurance history (responsible accidents, etc.). And if we compare cars from the same segment, we can have surprises.
The price, a strong element of the tariff
When an insurer makes an estimate, it is based on the selling price of the car; it happens to take the face price of the vehicle, not the price paid by the owner.
Explanation: the price of the vehicle is not reduced by bonuses and aids; it turns out that electric is now more expensive than a thermal equivalent.
A ZOE R110 is roughly twice the price of an entry-level Clio. A price that will directly impact the insurance rate.
Everything must be compared
The comparison site has studied millions of quotes; it shows that a Tesla can be insured cheaper than a BMW 3 series. But the price of insurance is not everything. It does not allow for more economical maintenance.
This can possibly smooth out the overall cost of owning the car. Especially since a refill now costs much less than a full tank of fuel.
It remains that you will have to compare several proposals before you decide.
A big increase to be expected?
The special tax on insurance contracts (TSCA) was introduced in 1944 to replace the various stamp duties relating to insurance contracts; it applies to all contracts.
Since January 2021, the Government has chosen to encourage the purchase of cleaner vehicles, including electric cars, by abolishing this tax. A measure that should last until 2023.
This represents approximately 25% that will have to be added to the amount of your premium if this measure ends.