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Get a quote now for EV insurance

See how much you can save on insurance for your electric vehicle in just five minutes. Give us a few details about you and your EV and we’ll search dozens of the top EV insurers in Ontario for your best deal!

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Insurance bundles and green discounts

Combine your home and EV coverage to save up to $600 on insurance. Your EV or hybrid may also qualify for an additional green insurance discount. If you have any questions about electric vehicle insurance, we can help.

Specialized coverage for your EV

The ever-growing number of EV options makes “going green” more affordable, and accessible, than ever before, but despite the rapid growth of electric vehicles (EVs) in Canada, hybrid and electric cars, trucks, and vans are still considered to be a niche market, and so is electric vehicle insurance. The use of additional charging equipment, high-powered batteries, and public charging stations means your insurance coverage will need to match those specific risks.

Here are some of the unique factors that our brokers here at Mitch take into consideration when preparing your electric vehicle insurance quote:

EV charging station

Charging station coverage

If you have a home charging station, it’s important to update your home insurance policy to extend coverage to this equipment.

Coverage umbrella over money

Additional liability coverage

Protection against liability claims stemming from trip-and-fall accidents caused by your EV charging cable.

Borrowing EV

Temporary additional coverage

During extended trips, you may find yourself unable to charge your EV. In these situations, you may be able to borrow a conventional fuel-powered car from your EV vehicle dealer – we can ensure you’re protected while using a “loaner” gas or diesel car, truck, or van.

Electric vehicle battery

EV battery protection

If you lease the batteries in your EV, our EV specialists can provide you with insurance protection that extends to third-party suppliers.

Frequently asked questions about electric vehicles

Similar to insurance for conventional vehicles, EV insurance premiums are based on a number of factors such as your claims history, age, driving habits, and more. Additional liability and property coverage fill specific gaps in a standard auto policy; however, there are a number of EV insurance discounts available to balance out the cost. Read more about the cost of EV car insurance.

Typically 5%. That means that if you usually pay $3,000 a year for auto insurance, you can save $150. Not all insurance companies offer the discount, so you should talk to your broker to make sure you are maximizing your savings.

Yes, most insurance companies that offer a discount for electric vehicles extend that discount to hybrid and plug-in hybrid models.

There are a number of factors that impact car insurance rates that are unique to you and the vehicle you drive. That being said, the cost to insure an EV will likely be close – and in some cases may even be a bit cheaper – than insuring a similar gas-powered model.

As a brokerage for over 70 of Canada’s top insurance companies, we have access to a wide range of insurance solutions at some of the best rates in Ontario. Want to learn more about the coverage options available to you? Here’s a few of them.