Driving an electric car? Great decision! Here at Regal Insurance, we take the health of our planet seriously. If you’re new to electric vehicles—or EVs as they’re also referred to—there are things you need to be aware of, including how they’re insured. One difference is price. On average, quotes for electric vehicle insurance are 21% higher than they are for motorcars. This is because EVs are built with complicated battery systems that require specially trained mechanics. When it comes to damage or loss, your insurance company might have to pay more for repairs or replacement.
Here’s the good news: while electric car insurance might be more expensive, EVs save you money with lower fuel costs and require less service than conventional gas vehicles. In fact, driving an EV can save you as much as 50% on your annual fuel costs, so you can put more towards an electric vehicle policy.
Connect with our brokers for customized insurance solutions that outdo big providers. Specializing in Ontario commercial insurance, we compare Canada’s top insurers to ensure you receive the right coverage at the best possible price.
Fill out this short form and get your free, no-obligation electric vehicle insurance quote today!
We partner with Canada’s top insurance providers so you can compare quotes side by side, choose the best coverage for your needs, and lock in a competitive rate, without the hassle.
Already a Regal Insurance Brokers client? Access the tools you need—fast. Whether you want to file a claim, update your policy, or speak with your broker, we make it easy to stay protected and informed.
Get step-by-step guidance and support when you need it most. Start your claim online or speak to an expert.
Pay your premium with confidence using our secure online payment system.
Log in to view, download, or print your policy documents whenever you need them.
Book a time that works for you to speak with a Regal advisor—virtually or face-to-face.
Beginning July 1, 2026, Ontario is making changes to auto insurance to give drivers more choice and flexibility. Drivers will be able to choose benefits...
Third-party liability insurance is the part of your auto insurance that protects you financially if you cause injury to another person or damage to their...
Comprehensive coverage is optional auto insurance that protects your vehicle from damage caused by non-collision events such as theft, vandalism, weather, and other unexpected incidents....
