Are EVs and Hybrids More Expensive to Insure Versus ICE Vehicles? Mercury Insurance Expert Explains
ICEIntercontinental Exchange(ICE) Prnewswire·2024-09-24 00:00

EVs Offer Lower Operating Costs Compared With ICE and Hybrid Vehicles, but Cost More to InsureLOS ANGELES, Sept. 23, 2024 /PRNewswire/ -- With a variety of powertrain options on the market, consumers who are shopping for a new vehicle have a lot to mull over these days. Buy another internal combustion engine (ICE) vehicle? Go fully electric? What about a hybrid? Regardless of vehicle type, it's important for shoppers to understand the total cost of ownership before making a commitment, as this will help min ...