Car insurance premiums for electric vehicles remain on average 10–15% higher than those for internal combustion vehicles, due to the value and replacement cost of batteries, but eco-friendly bonuses and dedicated offers are helping to reduce this gap.
With the rise of electric mobility, car insurance must adapt to a new risk profile. Electric vehicles (EVs) are more expensive to purchase and incorporate expensive batteries, but they also often have lower claims rates thanks to the absence of a combustion engine and onboard safety systems. How will electric car insurance rates evolve in 2025? KT Assur&Bank details the main adjustment factors, market trends, and solutions for controlling your premium.
Why are prices higher for an EV?
Insurance policies take several criteria into account:
- Higher purchase value (€20,000–€50,000)
- Battery replacement cost (€5,000–€15,000)
- On-board technologies (ADAS, connectivity)
- Often lower claims (fewer mechanical breakdowns)
On average, the annual premium for an EV is 10–15% higher than an equivalent thermal vehicle.
Factors influencing price changes in 2025
Energy transition and green bonus
To encourage electric vehicles, some insurers offer:
- 5–10% premium reduction for new or recent EVs
- “Eco Mobility” pack including charging assistance and home charging services
Technical specifications
- Battery : Specific warranty, coverage of aging or capacity defect
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On-board chargers : protection against overvoltage or charger failure
Claims and breakdowns
- EVs have fewer engine failures , but cost more in the event of an accident or battery fire, resulting in a 5% premium on total damage.
Reducing your premium: best practices and dedicated offers
Compare guarantees
Choose a contract including:
- Battery & charging stations : warranty extension
- Specific EV assistance (breakdown with electric trailer)
- Legal protection for disputes related to the installation of charging infrastructure
Take advantage of “green” offers
Many insurers offer competitive or carbon neutral rates, with options for offsetting emissions and discounts for eco-friendly driving.
Negotiate with a broker
A broker like KT Assur&Bank helps you:
- Compare the best EV deals
- Negotiate conditions (deductible, battery limit)
- Adapt your contract to your profile (urban use or long journeys)
Outlook and Trends 2025
- Tele-insurance : pricing adjusted in real time according to charging, driving style and battery usage.
- Shared insurance : for car-sharing EV fleets, pooled premiums based on electric mileage.
- Innovation : inclusion of a home charging guarantee and cyber risk coverage for your EV data.
Conclusion
Electric car insurance rates remain slightly higher than those for combustion engines, due to the value and replacement cost of batteries. However, dedicated offers , eco-friendly bonuses , and increased market competition are helping to narrow this gap. By comparing coverages and negotiating through a broker, you can optimize your premium while taking full advantage of the benefits of electric mobility.
KT Assur&Bank helps you build the contract best suited to your EV and your budget.
👉 Get a personalized quote for your electric vehicle today atktassurbank.com.