All of the major car manufacturers currently have electric cars for sale or are working on plans to sell electric cars in the near future. While they are still somewhat of a novelty to see on the streets of Oklahoma City, OK, in a few years, you will see them everywhere. Like every gas, diesel, or hybrid vehicle that you must register to drive legally in the state of Oklahoma, you need to have a minimum amount of car insurance on an electric car before it can be registered.
Being powered by electricity does not place a vehicle in any special category when it comes to auto insurance. You don’t pay more for a car that runs on diesel fuel as opposed to one that runs on gasoline or ethanol. The same factors used to determine rates on a car with a gasoline engine are used to determine rates on an electric vehicle.
If you are trying to get the most affordable car insurance rates possible on your electric vehicle, there are some things you can do. If you avoid accidents and have a clean driving record, that will help keep your rates down. The cost of your electric car as well as its safety ratings will factor into the premium you pay. It is too early to tell if electric vehicles are more likely to be stolen than diesel or gasoline-powered vehicles. Your neighborhood has more to do with the risk of theft. The number of miles you drive each year is correlated to the chances of you having an accident and filing a claim.
You should always seek quotes from a handful of auto insurance companies before you choose an auto policy. Independent agents can make the process simple by getting multiple quotes, making comparisons, and helping you find the coverage you want and need at a price you can afford.