Is there an EV insurance specialist?

JayBee66

I got a quote for a Tesla. I couldn't even get "no thanks" out. I was that much in a state of shock.

Are all EVs that pricey to insure?

I'm looking at the bargain basement of EVs now. Though 1st generation Konas are competitively priced so I might get one of those so long as the insurance doesn't make my eyes water.

It's for casual use. I am retired.

the_amazing_raisin

EVs generally aren't any more expensive to insure, it's based on the car value

Tesla might cost more due to being quite powerful and generally expensive to repair

My insurance stayed the same when I got an EV, and actually went down when I got the ID.4

Liam2021

As Said above ev' generally no more expensive to insure.

When i purchased my id3 and id4 insurance went Down to the minimum quote from the company I purchased from. I was able to add a lot of extras to my policy for no charge.

Bovakinn

I found SuperValu Insurance to be the cheapest for my Model 3. The quote was way cheaper than my 2015 Kia.

liamog

Mod: Moved to insurance forum

gipi

Is this your first insurance quote post-retirement (assuming you have retired at the usual age of 65 or so)?

My partner's insurance increased by about 50% when he turned 65 (he wasn't even retired).

Maybe that's what's causing the jump rather than the actual car?

PS, apologies if I'm wrong on the age thing - no offence intended

Fian

Iinsurancec ompanies tend to organise cars into classes. Irish companies do not publish this information but the uk classes are a good proxy. they are available at moneysupermarket.com here:

You will note that e.g. the Tesla model y performance is group 50 - out of a maximum of 50 so the highest possible group. This is not because they are unsafe but because they are expensive to repair and probably also relatively new on the market. The normal model y is group 46.

I recently bought a new BEV (Atto 3) and found out it was class 41 and my previous car (a ford ecosport) was class 5. I had four kids under 25 as named driver on previous car, had to move insurance company to get them insured on new one. Also had to pay significantly more. A few companies just would not cover them as named drivers on the new one.

I went with 123.ie and Aviva were also willing to insure them as named drivers. Maybe try them - they seemed more open to EVs than some of the other companies.

Gumbo

No. Just ring them all. Quotes will vary.

zg3409

If you want a Tesla there is a spread sheet of quotes on the Tesla Ireland owners Facebook group. They should be able to suggest the better insurers for Teslas.

For brand new higher performance cars insurance can be relatively high, so get a firm quote before buying.

Note quotes from Irish insurers tend to be "random" with no logic and often 3 x or 4 x pricing depending on which one you ring.

Join that Facebook group and ask for their owners quotes, it can help a lot. There are variations on Tesla, dual motor etc which may impact quote.

Core6

There is a company called evinsurance.ie who specialise in EVs

It's worth trying them for a quote.

MojoMaker

My insurance went down by moving over to a Tesla worth 20 times the outgoing vehicle.

Talk to 123.ie - they are quoting for RSA who are very comfortable with EVs.

Henry Ford III

You could ring every insurer directly. That'd take ages.

Or you could call a Broker.

zg3409

https://www.boards.ie/discussion/comment/121137126#Comment_121137126

Note brokers don't always give the best quote. They may not have deals with all insurers and in my experience they often add on their own hidden amount which is variable, particularly on renewal, if they think they can get away with it. If you challenge them on it, then suddenly they can give you a better quote. Haggle as much as you can and get a few quotes before even approaching a broker.

Eggs For Dinner

There is no such thing as a "hidden amount" with brokers. It is one of the most heavily regulated areas of finance and any fees must be highlighted to the consumer. I'd happily pay a broker a €50 fee if they saved me €100 on the best quote I could achieve on my own. Obviously, the quoted amount is the desired fee they want to achieve, but like any sales business, they can be flexible on what they can reduce it by in order to achieve a sale