Which Insurance Groups Do Electric Cars Fall Into?
Electric cars are considered more expensive to insure as repair costs are high, especially if batteries are damaged. This is compounded by delays in sourcing parts and high-cost inflation in this area.
As a result, electric cars may be placed in higher insurance groups than petrol and diesel vehicles of a similar class and specification, meaning they may be more expensive to insure. For example, depending on the variant, a Porsche Taycan is rated in groups 48-50. Teslas are also typically in the same 48-50 groups.