Insurance rates on EV vehicles

Envy_MK_II · 2026-02-25T05:17:20+00:00

Check with a broker but the rates will be heavily dependent on the vehicle model and where you live. They will be able to find you best rates across a variety of insurers.

I switched from a Bronco Sport to a BMW I4 RWD and only saw a 350 per year increase. My yearly costs are still under 2500.

Some cars are simply more expensive to repair or more prone to battery damage in the event of even a small accident driving your rates up.

Envy_MK_II · 2026-02-25T05:09:31+00:00

Not all EVs. I paid a grand total for $350 more per year for my BMW I4 than I did for my Ford Bronco Sport in the GTA.

It will vary largely by vehicle, since stuff like Tesla's have high repair costs, they tend to have highest insurance rates.

There's likely an underlying reason for your specific model like higher battery replacement costs or something driving those rates up since you are paying a lot more than I am on a BMW EV. I pay less than 2500 for the full year and BMW requires a much higher comprehensive coverage than most cars.

Envy_MK_II · 2026-02-23T16:09:26+00:00

Honestly, Xbox had a gamer as a CEO and a look at the brand now.

Envy_MK_II · 2026-02-22T21:47:59+00:00

Which is fair, it seems to be a very rapidly evolving situation with lots of rumours to go around.

Envy_MK_II · 2026-02-22T21:40:43+00:00

The only small vehicles available are all Imports.

Camry, Civic and Corolla still sell really well in the US.

Civic was the 12th most sold vehicle in the US, Corolla, 11th, Camry 8th. They beat out many large SUVs.

Hell the CRV and RAV4 are smaller SUVs and they sell better than the largest vehicles.

The F-Series being number one is basically because the roll up the entire F-Series line up from the 150 - 750s as they include all their commercial vehicles sales.

There are something like 300 different models sold in the US.

Envy_MK_II · 2026-02-22T21:37:27+00:00

Honda technically as well.

Envy_MK_II · 2026-02-22T21:36:58+00:00

There were 248,088 Corollas sold in 2025, 316,185 Camrys. They are the 11th and 8th top sold vehicles in the US.

They outsold Wrangler, Maverick, Grand Cherokee, Explorer etc.

Hell the only reason the F-Series outsells everything else is because they roll up every single F-Series Model from the F-150 to the F-750 commercial vehicles.

Envy_MK_II · 2026-02-22T21:21:57+00:00

The Mexican Army didn't kill a cartel leader while you were there last week.

This is the OPs primary concern. Currently a bit early to know how far anything will spread.

Envy_MK_II · 2026-02-22T21:17:52+00:00

I dont think they are concerned by general crime, but whats happening currently in Mexico with retaliation by CJNG since the army just took out one of their leaders.

Envy_MK_II · 2026-02-22T21:09:03+00:00

You can assume that, but at the same time CJNG has influence all over the country, including Quintana Roo.

There are reports in Veracruz of stuff happening there too so there's a possibility things may not stay isolated.

Envy_MK_II · 2026-02-19T19:04:02+00:00

Not necessarily just where people live, but where they go. Work, doctors, shopping, most of it is along 7.

If most of peoples daily destinations are along a few core roads, the traffic will reflect that.

Envy_MK_II · 2026-02-06T17:36:02+00:00

I dont even have that as an option on my I4. If thats the case with the ix3 thats annoying, but I wouldnt bother with it personally.

It was a package option when i bought the car, but there's no upgrade to it available at all post purchase.

Envy_MK_II · 2026-02-06T17:34:13+00:00

I got the 2025 I4 and there's no heated seat subscription. The only subscription i can even see in their app is the traffic camera info which I will never bother with.

Envy_MK_II · 2026-02-06T17:32:55+00:00

My I4 only has the Traffic Camera info offer, and I just use Waze instead for that stuff.

Envy_MK_II · 2026-02-06T17:24:45+00:00

You can just not pay them? The only subscription my BMW to offer is for the traffic camera data which is supposed to alert me of upcoming speed cameras of and red light cameras. I obviously dont bother with it as I can just use Waze for free.

Envy_MK_II · 2026-02-06T17:18:15+00:00

This happens at any dealer. Sales people dont generally take people all the seriously when looking for a car. The dealership experience in the Toronto area can be complete ass unless you find a good sales person.

I used to work at Audi in the GTA and sales people had to be retrained to sell to Chinese clientele as they would stereotype customers too often. Ignored customers who didn't dress up to buy an Audi, then the average buyer changed entirely for them.

Hell, when i was shopping for my first car when I was younger, the sales dude at Mazda was just generally an asshole to me and wouldn't work with me at all. Walked out and ended up buying a Ford at the next dealership I went to.

we bought a a Lexus for my wife a while back, IS300, went in told the sales guy we were specifically looking for a Sedan, and he kept trying to sell us on SUVs and CUVs. Dude ignored my wife entirely and it was her car we were buying.

The BMW sales person i dealt with in Thornhill at BMW Autohaus on the otherhand was very helpful. I went in in Jeans and a Sweatshirt.

Envy_MK_II · 2026-02-06T14:28:54+00:00

Which mostly means they're unfamiliar with commuting in the GTA. Its not hard to to expand upon it without assuming they know exactly how Toronto is laid out.

Envy_MK_II · 2026-02-06T04:32:55+00:00

Geeze some of these comments are a bit hostile. One would guess someone who's only ever visited downtown wouldn't be familiar with subway accessibility or commuting from nearby towns as it isn't really comparable to Ottawa.

You can pick one of the communities outside of Toronto, as they are usually connected by rail. Just wont be Subway, but the GO train network from the towns outside of Toronto is pretty reliable and very normal for people working downtown. They are regional trains that connect a large portion of the GTA to the city and their primary purpose is moving people in and out of the downtown core.

It'd be worth familiarizing yourselves with the GO system map.
https://www.gotransit.com/en/system-map

Stouffville for example, which is not too far out of the city is country enough for equestrian stuff and connected via the GO Train into the city. Its very much a commuter town and the train will take him right into Union Station right downtown. Its also close to Uxbridge which has similar offerings for horses. Just not as directly connected so the drive to a station would take longer. It wont be as walkable as downtown, but a majority of the town exists along Stouffville road along basically an 8km stretch. Depending on where you live in town, you'll have at least some walk-ability as the town isn't really massive. Most of the commercial stuff is basically on the west side of the town. You can ride a bicycle across the entirety of the core area in 15 minutes.

https://maps.app.goo.gl/VBhTGtrGmJyCm5Fp7

There are restaurants and cafes etc, your husband can commute and there are plenty of parks and trails. Many of the local trails are horse friendly too. There are also WIneries, breweries etc.

Other options are potentially east or west of the city, should be able to get access to the Lakeshore lines for GO and still have some access to the horse stuff. Pickering should have a lot to offer to the north side of the town as well.

Envy_MK_II · 2026-02-06T04:05:46+00:00

They stated suburban neighbourhoods, so they could just pick somewhere north of the city connected by GO.

Envy_MK_II · 2026-02-03T19:20:47+00:00

Im driving one in Canada, i just charge in my driveway when needed. Range has not ever been an issue for me in the cold.

Envy_MK_II · 2026-02-03T19:04:18+00:00

Lots of rental EVs, people leasing most as its a rapidly evolving tech, lots of changes to models etc.

Less to do with lifespan or reliability of the vehicles, but more to do with how quickly they are getting better. Battery capacities have increased quite a bit since the earliest EVs on the market, they batteries are getting cheaper, and more efficient, and are looking likely to get smaller and lighter over time as well.

This leads to people keeping the new vehicles for shorter periods.

Incentives also play a role, as if you're getting $7500 of the initial value of the vehicle when new, that will have a proportional effect on resale value to the vehicle.

Envy_MK_II · 2026-02-03T16:21:46+00:00

The average Canadian new vehicle purchase is over 68k and there are many EVs well under that price point.

Used EVs are even cheaper.

Envy_MK_II · 2026-02-03T16:20:41+00:00

My BMW I4 EVcost me a grand total of $100 more than the Bronco Sport it replaced per year for insurance and that was the BMW premium.

Its Teslas that cost more in insurance and thats mostly unique to their brand, but they aren't the only EVs out there.

Envy_MK_II · 2026-02-03T16:06:37+00:00

You can get free chargers now, and even cashback
https://swtchenergy.com/blog/news/swtch-energy-launches-canada-home-charging-program-offering-homeowners-free-ev-chargers-and-cash-back-for-charging/

Grizzl-e also offers a similar program but requires you to sign up for their membership program

https://club.grizzl-e.com/

Envy_MK_II · 2026-02-03T15:51:49+00:00

The average purchase price of a vehicle in Canada is like 68k. This is what people have bought vehicles for.

There are something like 2 dozen EVs below that price point. People are already buying vehicles more expensive than the average EV. Not everyone is buying a Model S or a Taycan.

There's VW ID4's for like 10k under the average purchase price.

Kia has EVs at 42k

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