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I have never owned an EV and wanted to know the experience anyone who has one has had with car insurance. I keep waiting for the VW ID.4 to come up so I can do a quote. Instead, I have used the E-Golf. Not sure if they are comparable.
 

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I’ve been researching EV’s for insurance. While the ID is not yet available for a quote I’ve used some comparable vehicles. The rates are just about double a gas vehicle. You can research which companies are better for EV rates. I’m assuming it’s the replacement cost of the batteries and the rarity of parts?
 

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Several EVs later including plug-in EVs (PHEV) and a couple of BEVs (only battery), I have not found USAA insurance rates to be much higher than similar cost gas (ICE) vehicles.

It might be more an issue of purchase price (the Tesla model S starts around $75,000), or perhaps a model more likely to be stolen, or more likely to be driven hard. I doubt the ID.4 would fall into any of those categories. Of course it is a $40k+ car, so insurance will take possible replacement cost into account.

The traction battery (the high voltage battery) has such a long warranty these days, usually at least 8 years, I think it is less of a concern as to insurance.
 

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Some BEVs to ask for quotes on to test rates might be the Hyundai Kona EV and the KIA Niro (both BEVs), but they are both lower cost, say around $37k. The Tesla Model 3 probably insures a bit higher (because of the higher power and maybe a few drive it with a little wild and crazy), but the price is closer to the M3 standard range plus, so quotes on the M3 could be useful too.
 

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What if batteries get damaged in an accident? That’s not a warranty issue. They are the most expensive part of the vehicle? The Tesla Model 3 is only 37k but double to insure than gas cars. I got a quote on my policy and it was 1200 a year vs 600 with my SUV that was 48k.
 

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A few months before the ID.4 is available, all the major insurance carriers should be able to provide a quote. That's been my experience with new models. My current EV, a Fiat 500e, is the most expensive car on my policy. It's like an extra $50 per month over the Jeep Compass on my policy. So more expensive, but not outrageously so.
 

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Another USAA customer - good to hear. This could be a decision making factor when the next $400 is due. Also, some states are implementing EV tax on the sale. AZ has one coming in 22 so I’m hoping to sneak in before that.
 

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My insurance in Cincinnati, OH would be about 58% higher for the ID.4 than my 2017 Acura MDX. Quite a bit more than I expected, but not a deal breaker.
 

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Right that was my point originally. It’s more but nota dealbreaker. Meanwhile you can’t forget for me it’s an additional $600 a year. So, not saving in gas that much since I only drive 5k a year. Nevertheless I still want it.
 
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