How Expensive is Electric Car Insurance? Shockingly So!

Not only are electric cars pricier than gas-drinking rides are, their car insurance is costlier as well. This saddens the green who has pockets shallow.

The high cost of electric car insurance is such a problem that LiveInsuranceNews.com says that it negates the cost savings realized by not buying gas. That’s right buddy, NEGATES.

The reason for the expensive coverage is that electric cars, being made of pixie dust and light-weight components, are more expensive to fix. This does not make the insurance companies happy, and when they ain’t happy, ain’t nobody happy including the consumer.

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