your insurance premium will increase by 25%!

At the end of last year, the insurance comparator “Les ferrets” published a study on insurance rates for electric vehicles; it turns out that on average the rate is favorable for electric compared to thermal vehicles.

This is only an average because the price aggregates the price of the car and the personal parameters of the driver: seniority, age, geographical area of ​​residence, history of insurance (accidents responsible, etc.). And if you compare cars from the same segment, you can have surprises.


The catalog price of a Zoe is twice as high as that of a Clio and this is reflected in the level of insurance. It can be seen that the insurance premium more or less follows the intrinsic value of the vehicle. Photo by B. Jouvin

The price, a strong element of the price

When an insurer makes a quote, it is based on the selling price of the car; it happens that he takes the face price of the vehicle, not the price paid by the owner.

Explanation: the price of the vehicle is not reduced by bonuses and aids; it turns out that electricity is more expensive today than a thermal equivalent.

A ZOE R110 is worth about twice the price of an entry-level Clio. A price that will directly impact the insurance rate.


The latest study conducted on the site “Lesfurets”, conducted between January and July 2021 and based on the comparison between equivalent thermal and electric models shows that an electric car is more expensive to ensure that its equivalent petrol or diesel. Photo of DR

Everything has to be compared

The comparator site has studied millions of quotes; it turns out that a Tesla can be insured cheaper than a BMW 3 Series. But the insurance rate doesn’t do everything. It does not take into account more economical maintenance.

This can eventually reduce the overall cost of owning the car. Especially since refueling is much cheaper today than refueling.

However, you must compare several proposals before deciding.

In the city car segment, the Peugeot e-208 is slightly more expensive to insure to a third party than its thermal equivalent with an additional cost estimated at between 8 and 15%.  At all costs, the 208 electric has an additional cost of almost 20%.  Photo of Peugeot / Stellantis

In the city car segment, the Peugeot e-208 is slightly more expensive to insure to a third party than its thermal equivalent with an additional cost estimated at between 8 and 15%. At all costs, the 208 electric has an additional cost of almost 20%. Photo of Peugeot / Stellantis

A big increase to expect?

The Special Tax on Insurance Agreements (TSCA) was introduced in 1944 to replace the various stamp duties on insurance contracts; it applies to all contracts.

Since January 2021, the Government has chosen to encourage the purchase of cleaner vehicles including electric cars by removing this tax. A measure that should last until 2023.

This represents about 25% to be added to the amount of your premium if this measure ends.

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