Electric Cars Are Cheaper To Insure

Study shows on average drivers of electric vehicles save around $200 a year on insurance when they make the upgrade from gas to electric.

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Do Fuel Types Affect Insurance Costs?

In Europe, and especially countries like the UK, where fuel costs $7 or $8 a gallon, diesel vehicles account for more than half of the new car market because of their high fuel economy. But a host of mitigating factors, including the higher insurance costs for diesel vehicles, could stretch the payback time out by years.

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