Car insurance is a necessity, regardless of the make, model and type of power. It can be an expensive consideration when driving a car and with everything seemingly getting more expensive, it makes sense to look for the cheapest electric cars to insure.
UK insurance groups range from 1 to 50; the higher the number, the more expensive your insurance will be. Premium EVs like the Porsche Taycan and Tesla Model 3 are in some of the highest groups, but there are plenty that take lower bands. You’ll find insurance groups with every review on our site (provided the data is available), which should help you compare rivals.
For an even cheaper insurance policy than the cars listed here, check out some small used EVs. The Volkswagen e-up! is in group 10, while the Smart EQ ForFour and SEAT Mii Electric are not far behind. But none are now available to buy new.
Are electric cars cheaper to insure?
Driving an EV means you’ll save a lot on fuel and VED (road tax) costs, but you’ll likely find that electric car insurance is slightly more expensive than a comparable gasoline model. The combination of high-tech features, both inside and out, and the rapid acceleration that electric cars typically offer means EVs are in higher insurance groups than you might have expected.
That doesn’t necessarily mean electric cars are incredibly expensive to insure; these five cars offer reasonable premiums roughly equivalent to a petrol family SUV. Read our full guide to electric car insurance here.
How much does electric car insurance cost?
Admiral figures suggest that the average policy for the cars listed below will likely cost around £350 to £500 a year. But it’s hard to put a price on it because insurance depends on so many different factors, such as where you live, your driving history and your job. It is always best to get insurance quotes for the car(s) you intend to buy before committing.
1. Fiat 500
Fiat’s electric 500 might be the ideal city car if you can live with its cramped backseat. It’s stylish and easy to drive, and models with the larger battery offer a range of around 200 miles – perfect if you mainly drive around town, but also take the occasional longer trip. The well-specified Icon trim sits in Group 17, while the cheaper Action spec with the smaller 24kWh battery takes up Group 15. Read our extensive review of the Fiat 500 here.
2. Renault ZOE
A hero of the small EV class, the Renault ZOE is a popular choice for a reason. It costs very little to run, has an official range of nearly 250 miles, and packs a lot of technology inside. ZOE also does not cost a huge amount in the field of insurance. The Techno R135 with standard fast charging is in group 18, a group lower than the entry-level R110. If you can expand to a Rapid Charge model, long journeys become much more feasible; a 10-80% charge takes 56 minutes with a 50 kW charger. Read our extensive review of the Renault ZOE here.
If you prefer your electric car to be MINI shaped, the MINI Electric offers reasonable group 22 insurance. Read more about the MINI Electric here.
Mazda often does things a little differently than other manufacturers, and its MX-30 EV is a prime example. Rather than prioritizing range, Mazda deliberately opted for a compact battery to keep costs and weight down. The resulting 124-mile range may look low, but according to Mazda’s research, it’s fine for customers. One advantage of the small battery is that the quirky MX-30 is one of the cheapest new electric cars, while insurance is also relatively cheap. All versions are in group 19 of the 50. Read our extensive review of the Mazda MX-30 here.
4. Hyundai Kona Electric
If you don’t need a huge car, the Hyundai Kona Electric ticks a lot of boxes. With standard equipment including adaptive cruise control, a reversing camera and regenerative brake adjustment, even the cheapest SE Connect trim is well equipped. It’s this version that’s in Group 20 for insurance, but keep in mind that sticking to this model limits you to the smaller battery. For the bigger battery and impressive 300-mile range, look to mid-twenties models for insurance. Read our comprehensive review of the Hyundai Kona Electric here.
5. Opel Mokka
The second generation Vauxhall Mokka has been greatly improved inside and out. There is now also a fully electric version, which uses the same mechanics as the Corsa-e and Peugeot e-2008. The Mokka-e is slightly more expensive to buy than the Corsa-e, but promises to be slightly cheaper to insure. It has a Group 22 rating, while the Corsa spans Groups 24 and 25, depending on trim level. Opel’s small SUV impresses with its range and fast charging, plus the interior layout, although it’s not the most practical or the most premium-feeling EV. Read our extensive review of the Vauxhall Mokka-e here.