CarInsurance.com Insights
- Electric vehicles and hybrids are typically more expensive to insure than gas-powered vehicles.
- EVs and hybrids have higher sticker prices, are more costly to repair and have expensive batteries.
- Insurance rates for electric vehicles and hybrids vary dramatically between insurers, so it pays to shop around regularly for coverage.
EVs, hybrids and plug-in hybrids can frequently be seen on American roads. While car insurance for these vehicles can be more expensive than insurance for gas-powered vehicles, the difference is not as big as you may think.
In some cases, the difference in annual premiums may be as little as $100, which can be easily made up in fuel savings over time.
How much does car insurance cost for a hybrid?
Annual full coverage car insurance for a hybrid ranged from $2,499 for a Toyota RAV4 Hybrid to $4,802 for a Chevrolet Corvette E-Ray.
“Based on my insurance industry experience, hybrids typically cost 5% to 10% more to insure than conventional vehicles but less than pure electric vehicles,” says personal finance expert Andrew Lokeanuth.
A hybrid vehicle has a gasoline engine and an electric motor. It operates as an electric vehicle under certain conditions, and the gas-powered motor kicks in when necessary. The Toyota Prius is probably the best-known example of a hybrid, but most automakers have at least a few hybrids in their lineup.
Like internal combustion vehicles, the cost to insure a hybrid can vary dramatically depending on the car. Insurers consider various factors, including the vehicle’s price, repair costs, safety features and personal risk factors.
What are the cheapest hybrids to insure?
The Toyota RAV4 Hybrid, Toyota Corolla Cross Hybrid, Honda CR-V Hybrid, Ford Escape Hybrid and Kia Niro Hybrid are the five cheapest hybrids to insure with annual premiums ranging from $2,499 to $2,560 for a full coverage policy.
The table below shows the cheapest hybrids to insure and their monthly, six-month and annual full coverage car insurance rates.
| Make model | Annual rates | Six-month rates | Monthly rates |
|---|---|---|---|
| Toyota RAV4 Hybrid | $2,499 | $1,249 | $208 |
| Toyota Corolla Cross Hybrid | $2,500 | $1,250 | $208 |
| Honda CR-V Hybrid | $2,506 | $1,253 | $209 |
| Ford Escape Hybrid | $2,535 | $1,267 | $211 |
| Kia Niro Hybrid | $2,560 | $1,280 | $213 |
| Mazda CX-50 Hybrid | $2,588 | $1,294 | $216 |
| Kia Sportage Hybrid | $2,673 | $1,337 | $223 |
| Jeep Wrangler 4xe Hybrid | $2,708 | $1,354 | $226 |
| Hyundai Tucson Hybrid | $2,723 | $1,362 | $227 |
| Toyota Tacoma Hybrid | $2,779 | $1,389 | $232 |
| Toyota Highlander Hybrid | $2,780 | $1,390 | $232 |
| Lexus UX | $2,793 | $1,397 | $233 |
| Kia Sorento Hybrid | $2,815 | $1,408 | $235 |
| Hyundai Santa Fe Hybrid | $2,823 | $1,411 | $235 |
| Dodge Hornet Hybrid | $2,881 | $1,440 | $240 |
| Toyota Camry | $2,889 | $1,444 | $241 |
| Toyota Grand Highlander Hybrid | $2,920 | $1,460 | $243 |
| Toyota Prius | $2,930 | $1,465 | $244 |
| Lexus NX Hybrid | $2,941 | $1,471 | $245 |
| Kia Carnival Hybrid | $2,956 | $1,478 | $246 |
| Mitsubishi Outlander Hybrid | $3,019 | $1,509 | $252 |
| Mazda CX-90 Hybrid | $3,027 | $1,514 | $252 |
| Toyota Crown Signia | $3,119 | $1,560 | $260 |
| Lexus RX Hybrid | $3,172 | $1,586 | $264 |
| Toyota Tundra Hybrid | $3,175 | $1,588 | $265 |
| Toyota Land Cruiser | $3,177 | $1,589 | $265 |
| Mazda CX-70 Hybrid | $3,239 | $1,620 | $270 |
| Jeep Grand Cherokee 4xe Hybrid | $3,277 | $1,639 | $273 |
| Mercedes-Benz GLC-Class Hybrid | $3,306 | $1,653 | $276 |
| Lexus ES Hybrid | $3,338 | $1,669 | $278 |
| Toyota Crown | $3,360 | $1,680 | $280 |
| BMW X5 | $3,697 | $1,848 | $308 |
| Porsche Cayenne Hybrid | $4,654 | $2,327 | $388 |
| Chevrolet Corvette E-Ray | $4,802 | $2,401 | $400 |
How much does car insurance cost for an EV?
Based on the models we analyzed, the average yearly cost of electric car insurance ranges from $2,447 to $6,413.
The cheapest EVs to insure are smaller, compact vehicles with a reasonably low (for an EV) starting price. Compact cars are more affordable to insure, regardless of whether the engine under the hood runs on electricity or gas.
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What are the cheapest EVs to insure?
The cheapest electric vehicle to insure is the Fiat 500e, with an annual premium of $2,447. The second-cheapest EV to insure is the Hyundai Kona Electric, with a yearly premium of $2,544. It is followed by the Kia Niro EV, at $2,654 and the Nissan Leaf, at $2,735. These EVs have a starting price of about $35,700 to $40,485. The Toyota bZ4X rounds out the top five with an annual premium of $2,768. This EV has a starting price of just over $28,000, making it one of the least expensive EVs on our list.
See the rates for the cheapest EVs in the table below.
| Make model | Annual rates | Six-month rates | Monthly rates |
|---|---|---|---|
| Fiat 500e | $2,447 | $1,224 | $204 |
| Hyundai Kona Electric | $2,544 | $1,272 | $212 |
| Kia Niro EV | $2,654 | $1,327 | $221 |
| Nissan Leaf | $2,735 | $1,368 | $228 |
| Toyota bZ4X | $2,768 | $1,384 | $231 |
| Chevrolet Equinox EV | $2,772 | $1,386 | $231 |
| Subaru Solterra | $2,818 | $1,409 | $235 |
| Mini Countryman Electric | $2,824 | $1,412 | $235 |
| Ford Mustang Mach-E | $3,001 | $1,501 | $250 |
| Nissan Ariya | $3,040 | $1,520 | $253 |
| Ford F-150 Lightning | $3,064 | $1,532 | $255 |
| Kia EV6 | $3,078 | $1,539 | $257 |
| Honda Prologue | $3,103 | $1,551 | $259 |
| Lexus RZ | $3,106 | $1,553 | $259 |
| Mercedes-Benz EQB | $3,245 | $1,622 | $270 |
| Chevrolet Blazer EV | $3,261 | $1,631 | $272 |
| Audi Q4 e-tron | $3,292 | $1,646 | $274 |
| VinFast VF8 | $3,303 | $1,651 | $275 |
| Cadillac Lyriq | $3,309 | $1,655 | $276 |
| Kia EV9 | $3,331 | $1,666 | $278 |
| Cadillac Optiq | $3,376 | $1,688 | $281 |
| Genesis GV60 | $3,387 | $1,694 | $282 |
| Hyundai Ioniq 5 | $3,397 | $1,698 | $283 |
| Hyundai Ioniq 6 | $3,455 | $1,727 | $288 |
| Genesis Electrified GV70 | $3,520 | $1,760 | $293 |
| Chevrolet Silverado EV | $3,526 | $1,763 | $294 |
| Volkswagen ID.Buzz | $3,582 | $1,791 | $299 |
| GMC Sierra EV | $3,615 | $1,807 | $301 |
| Audi Q6 e-tron | $3,809 | $1,905 | $317 |
| Tesla Model Y | $3,836 | $1,918 | $320 |
| Tesla Model 3 | $3,871 | $1,935 | $323 |
| Rivian R1T | $4,002 | $2,001 | $333 |
| BMW i4 | $4,006 | $2,003 | $334 |
| Dodge Charger Daytona EV | $4,044 | $2,022 | $337 |
| Polestar 3 | $4,153 | $2,077 | $346 |
| Audi SQ6 e-tron | $4,168 | $2,084 | $347 |
| Genesis Electrified G80 | $4,173 | $2,087 | $348 |
| Mercedes-Benz EQS SUV | $4,365 | $2,183 | $364 |
| Tesla Cybertruck | $4,415 | $2,207 | $368 |
| BMW i5 | $4,461 | $2,230 | $372 |
| BMW iX | $4,498 | $2,249 | $375 |
| Rivian R1S | $4,584 | $2,292 | $382 |
| GMC Hummer EV Pickup | $4,585 | $2,293 | $382 |
| Mercedes-Maybach EQS SUV | $4,735 | $2,368 | $395 |
| GMC Hummer EV SUV | $4,849 | $2,425 | $404 |
| Mercedes-Benz EQS | $4,926 | $2,463 | $411 |
| Mercedes-AMG EQE SUV | $5,206 | $2,603 | $434 |
| Tesla Model S | $5,285 | $2,642 | $440 |
| Mercedes-AMG EQE | $5,335 | $2,668 | $445 |
| Tesla Model X | $5,462 | $2,731 | $455 |
| Lucid Air | $5,701 | $2,850 | $475 |
| Porsche Taycan Cross Turismo | $5,749 | $2,875 | $479 |
| Porsche Taycan | $5,761 | $2,881 | $480 |
| Mercedes-AMG EQS | $5,866 | $2,933 | $489 |
| BMW i7 | $6,092 | $3,046 | $508 |
| Audi e-tron GT | $6,413 | $3,207 | $534 |
Car insurance rates for green vs. gas-powered vehicles
A green vehicle uses alternative fuel or a combination of alternative fuel and gasoline to reduce emissions and create less pollution.
Electric cars cost more to insure than standard gasoline cars because they have different parts and require specialized service and maintenance. Another factor is their overall cost. The pricier a vehicle, the more it costs to insure.
“An electric car’s higher price tag and more complex equipment mean it may cost more to repair or replace if it’s in an accident, ” says Tim Derham, chairman of the board of directors at Universal Casualty. “In addition, there aren’t as many shops with technicians qualified to fix electric vehicles, which means qualified facilities may charge more for repairs because of the specialized training required.”
Case study: Gas-powered vs. hybrid vehiclesHere’s an example, using 12-month premiums for comparison:
Gasoline-powered Toyota RAV4: $2,414
Hybrid Toyota RAV4: $2,499
The rates for the cheapest cars with gas-powered and hybrid versions and their annual premiums are shown in the table below.
Hybrid models generally have higher insurance premiums than their gas-powered counterparts.
| Make model | Gasoline | Hybrid |
|---|---|---|
| Dodge Hornet | $2,617 | $2,881 |
| Ford Escape | $2,456 | $2,535 |
| Honda CR-V | $2,316 | $2,506 |
| Hyundai Santa Fe | $2,718 | $2,823 |
| Hyundai Tucson | $2,483 | $2,723 |
| Jeep Grand Cherokee | $2,680 | $3,277 |
| Jeep Wrangler | $2,307 | $2,708 |
| Kia Carnival | $2,686 | $2,956 |
| Kia Sorento | $2,801 | $2,815 |
| Kia Sportage | $2,523 | $2,673 |
| Lexus ES | $3,181 | $3,338 |
| Lexus NX | $2,790 | $2,941 |
| Lexus RX | $2,922 | $3,172 |
| Mazda CX-50 | $2,507 | $2,588 |
| Mazda CX-70 | $3,045 | $3,239 |
| Mazda CX-90 | $2,877 | $3,027 |
| Mercedes-Benz GLC-Class | $3,009 | $3,306 |
| Mitsubishi Outlander | $2,917 | $3,019 |
| Porsche Cayenne | $4,392 | $4,654 |
| Toyota Corolla Cross | $2,418 | $2,500 |
| Toyota Grand Highlander | $2,886 | $2,920 |
| Toyota Highlander | $2,622 | $2,780 |
| Toyota RAV4 | $2,414 | $2,499 |
| Toyota Tacoma | $2,542 | $2,779 |
| Toyota Tundra | $2,777 | $3,175 |
Are electric cars more expensive to maintain?
Electric vehicles can spend longer in the repair shop due to supply chain issues and require more expensive replacement parts. Overall, however, they cost less to maintain than their gasoline-powered counterparts.
What are the cheapest companies for green vehicles?
The best insurance company for a green vehicle will vary dramatically depending on various factors. Insurers use proprietary algorithms to set rates, so premium quotes will differ depending on personal risk factors and the exact green vehicle you insure.
The tables below show the differences in full coverage rates from various insurance companies for the cheapest EVs and hybrids to insure.
| Make model | Company | Average annual rates | Average six-month rates | Average monthly rates |
|---|---|---|---|---|
| Audi e-tron GT | Travelers | $3,802 | $1,901 | $317 |
| Audi Q4 e-tron | Travelers | $2,248 | $1,124 | $187 |
| Audi Q6 e-tron | Travelers | $2,393 | $1,197 | $199 |
| Audi SQ6 e-tron | Travelers | $2,307 | $1,153 | $192 |
| BMW i4 | Travelers | $2,498 | $1,249 | $208 |
| BMW i5 | Travelers | $2,661 | $1,330 | $222 |
| BMW i7 | Travelers | $3,219 | $1,609 | $268 |
| BMW iX | Travelers | $2,592 | $1,296 | $216 |
| Cadillac Lyriq | Travelers | $2,154 | $1,077 | $179 |
| Cadillac Optiq | Progressive | $2,654 | $1,327 | $221 |
| Chevrolet Blazer EV | Travelers | $2,244 | $1,122 | $187 |
| Chevrolet Equinox EV | Travelers | $1,790 | $895 | $149 |
| Chevrolet Silverado EV | Travelers | $976 | $488 | $81 |
| Dodge Charger Daytona EV | Progressive | $1,786 | $893 | $149 |
| Fiat 500e | Travelers | $1,362 | $681 | $113 |
| Ford F-150 Lightning | Travelers | $1,745 | $873 | $145 |
| Ford Mustang Mach-E | Travelers | $1,951 | $975 | $163 |
| Genesis Electrified G80 | GEICO | $3,028 | $1,514 | $252 |
| Genesis Electrified GV70 | Travelers | $1,983 | $991 | $165 |
| Genesis GV60 | Travelers | $1,968 | $984 | $164 |
| GMC Hummer EV Pickup | Travelers | $2,776 | $1,388 | $231 |
| GMC Hummer EV SUV | Travelers | $2,898 | $1,449 | $242 |
| GMC Sierra EV | Travelers | $1,762 | $881 | $147 |
| Honda Prologue | Travelers | $1,614 | $807 | $135 |
| Hyundai Ioniq 5 | Travelers | $1,952 | $976 | $163 |
| Hyundai Ioniq 6 | Travelers | $2,486 | $1,243 | $207 |
| Hyundai Kona Electric | Travelers | $1,703 | $852 | $142 |
| Kia EV6 | Travelers | $1,984 | $992 | $165 |
| Kia EV9 | Travelers | $1,828 | $914 | $152 |
| Kia Niro EV | Travelers | $1,845 | $923 | $154 |
| Lexus RZ | Travelers | $1,928 | $964 | $161 |
| Lucid Air | Travelers | $3,894 | $1,947 | $325 |
| Mercedes-AMG EQE | Travelers | $2,809 | $1,404 | $234 |
| Mercedes-AMG EQE SUV | Travelers | $2,285 | $1,142 | $190 |
| Mercedes-AMG EQS | Travelers | $2,809 | $1,404 | $234 |
| Mercedes-Benz EQB | Travelers | $2,262 | $1,131 | $188 |
| Mercedes-Benz EQS | Travelers | $3,111 | $1,556 | $259 |
| Mercedes-Benz EQS SUV | Travelers | $2,451 | $1,226 | $204 |
| Mercedes-Maybach EQS SUV | Nationwide | $941 | $470 | $78 |
| Mini Countryman Electric | Travelers | $1,733 | $867 | $144 |
| Nissan Ariya | Travelers | $1,985 | $992 | $165 |
| Nissan Leaf | Travelers | $1,790 | $895 | $149 |
| Polestar 3 | Travelers | $2,127 | $1,064 | $177 |
| Porsche Taycan | Travelers | $3,780 | $1,890 | $315 |
| Porsche Taycan Cross Turismo | Travelers | $3,851 | $1,926 | $321 |
| Rivian R1S | Travelers | $2,450 | $1,225 | $204 |
| Rivian R1T | Travelers | $2,474 | $1,237 | $206 |
| Subaru Solterra | Travelers | $1,495 | $748 | $125 |
| Tesla Cybertruck | Travelers | $3,097 | $1,549 | $258 |
| Tesla Model 3 | Travelers | $2,563 | $1,281 | $214 |
| Tesla Model S | Travelers | $3,498 | $1,749 | $292 |
| Tesla Model X | Travelers | $3,606 | $1,803 | $300 |
| Tesla Model Y | Travelers | $2,796 | $1,398 | $233 |
| Toyota bZ4X | Travelers | $1,792 | $896 | $149 |
| VinFast VF8 | Travelers | $1,854 | $927 | $155 |
| Volkswagen ID.Buzz | Travelers | $1,757 | $878 | $146 |
| Volvo EX30 | Travelers | $1,802 | $901 | $150 |
| Volvo EX90 | Travelers | $1,850 | $925 | $154 |
| BMW X5 | Travelers | $2,438 | $1,219 | $203 |
| Chevrolet Corvette E-Ray | Travelers | $1,675 | $837 | $140 |
| Dodge Hornet Hybrid | Travelers | $2,057 | $1,029 | $171 |
| Ford Escape Hybrid | Travelers | $1,698 | $849 | $142 |
| Honda CR-V Hybrid | Travelers | $1,579 | $789 | $132 |
| Hyundai Santa Fe Hybrid | Travelers | $1,808 | $904 | $151 |
| Hyundai Tucson Hybrid | Travelers | $1,815 | $907 | $151 |
| Jeep Grand Cherokee 4xe Hybrid | Travelers | $2,161 | $1,081 | $180 |
| Jeep Wrangler 4xe Hybrid | Travelers | $1,799 | $899 | $150 |
| Kia Carnival Hybrid | Travelers | $1,877 | $938 | $156 |
| Kia Niro Hybrid | Travelers | $1,844 | $922 | $154 |
| Kia Sorento Hybrid | Travelers | $1,882 | $941 | $157 |
| Kia Sportage Hybrid | Travelers | $1,801 | $901 | $150 |
| Lexus ES Hybrid | Travelers | $2,338 | $1,169 | $195 |
| Lexus NX Hybrid | Travelers | $1,924 | $962 | $160 |
| Lexus RX Hybrid | Travelers | $1,952 | $976 | $163 |
| Lexus UX | Travelers | $1,966 | $983 | $164 |
| Mazda CX-50 Hybrid | Travelers | $1,719 | $859 | $143 |
| Mazda CX-70 Hybrid | Travelers | $1,638 | $819 | $137 |
| Mazda CX-90 Hybrid | Travelers | $1,707 | $853 | $142 |
| Mercedes-Benz GLC-Class Hybrid | Travelers | $2,396 | $1,198 | $200 |
| Mitsubishi Outlander Hybrid | Travelers | $2,123 | $1,061 | $177 |
| Porsche Cayenne Hybrid | Travelers | $3,249 | $1,624 | $271 |
| Toyota Camry | Travelers | $2,070 | $1,035 | $172 |
| Toyota Corolla Cross Hybrid | Travelers | $1,668 | $834 | $139 |
| Toyota Crown | Travelers | $2,471 | $1,235 | $206 |
| Toyota Crown Signia | Travelers | $1,819 | $909 | $152 |
| Toyota Grand Highlander Hybrid | Travelers | $1,761 | $881 | $147 |
| Toyota Highlander Hybrid | Travelers | $1,804 | $902 | $150 |
| Toyota Land Cruiser | Travelers | $1,775 | $887 | $148 |
| Toyota Prius | Travelers | $2,139 | $1,069 | $178 |
| Toyota RAV4 Hybrid | Travelers | $1,639 | $819 | $137 |
| Toyota Tacoma Hybrid | Travelers | $1,818 | $909 | $151 |
| Toyota Tundra Hybrid | Travelers | $2,072 | $1,036 | $173 |
Which discounts are available for hybrids and electric cars?
Currently, there are few discounts specific to hybrid or electric vehicles. However, a few insurers offer a green vehicle discount, which can also be called an alternative fuel vehicle discount or a fuel-efficient discount. This discount tends to be small – 5% is standard – but every little bit helps. Check with your insurer whether they offer a discount for environmentally friendly vehicles.
Here are the most common discounts available, regardless of whether your car is electric or not:
- Multi-policy discount
- Good driver discount
- Paperless discount
- Paid in full discount
- Multi-vehicle discount
- Telematics
- Discounts for advanced safety features
How to save money with an electric car
One of the best ways to save money on an electric car is to shop around and compare insurance rates with multiple carriers. The actual vehicle you purchase will factor into your costs, however, so the more exotic and expensive your car, the more you will pay for insurance, repairs and maintenance. Think of everyday utilitarian vehicles rather than luxury models.
Frequently Asked Questions: Cheapest hybrids and EVs to insure
Can I still get a tax credit if I buy an EV?
The federal tax incentives for electric vehicles expired on September 30, 2025, meaning new EV purchases made after that date no longer qualify for federal tax credits. As of October 1, the federal EV tax credit is no longer available.
What are the benefits of buying an electric vehicle or a hybrid?
In addition to fighting climate change, green vehicles offer several other benefits, including tax incentives and lower fuel costs.
“Green vehicles come with tax incentives offered by federal and state governments as well as long-term savings on fuel and maintenance, ” says Derham. “Green vehicles have fewer moving parts and often break down less often which reduces or eliminates fuel costs. Both of these benefits can help offset higher insurance rates.”
What are the most expensive EVs and hybrids to insure?
Audi e-tron GT is the most expensive EV to insure at $6,413 followed by the BMW i7 at $6,092, the Mercedes-AMG EQS at $5,866, the Porsche Taycan at $5,761, and the Porsche Taycan Cross Turismo at $5,749.
The Chevrolet Corvette E-Ray has the most expensive hybrid insurance premium, at $4,802. It is followed by the Porsche Cayenne Hybrid at $4,654, the BMW X5 at $3,697, the Toyota Crown at $3,360 and the Lexus ES Hybrid at $3,338.
Final thoughts on insurance for EVs and hybrids
The number of green vehicles on the road increases as more drivers switch to electric cars or hybrids. While insuring a green vehicle can be a bit more expensive than a gas-powered vehicle due to higher sticker prices and repair costs, the difference is not always budget-busting.
While it will vary by vehicle and risk factors, insuring a green vehicle can cost slightly more than a gas-powered vehicle. The data show how important it is to shop your coverage around regularly, particularly if you drive a green car. Some insurers charge double the rates offered by their competitors.
Resources & Methodology
Sources
- IRS.gov. “Credits for new clean vehicles purchased in 2023 or after.” Accessed February 2026
- IRS.gov. “Used clean vehicle credit.” Accessed February 2026
- U.S. Environmental Protection Agency. “Learn about green vehicles.” Accessed February 2026
Methodology
CarInsurance.com editors collected rates from Quadrant Information Services for a 40-year-old male and female driver carrying a full coverage insurance policy with limits 100/300/100 and $500 comprehensive and collision deductibles. Read the detailed methodology for more information.
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