If you’re interested in buying a new car, you might be considering an electric vehicle. Here are some positives and negatives to consider before you make a purchase.

Benefits of Electric Vehicles

Using an electric vehicle can help you significantly reduce your carbon footprint. Since it has a battery, an electric vehicle doesn’t release emissions that can harm the environment. 

An electric vehicle is more energy efficient than one that uses gas. An EV uses a larger percentage of energy from the fuel source to operate the vehicle. That means the cost per mile of travel is significantly lower with an electric vehicle than it is with a gas-powered car, truck, or SUV.

Challenges of Owning an Electric Vehicle 

Although an electric vehicle operates more efficiently than one that runs on gas, an EV can travel fewer miles in one trip. That shorter range means that an electric vehicle must be recharged more often than a gas-powered vehicle must have its fuel tank refilled. If you frequently take long trips, an electric vehicle’s short range might be a deal-breaker.

Recharging an EV is a time-consuming process. While a trip to a gas station can be completed in a few minutes, it can take hours to recharge an electric vehicle. If you own one, you’ll have to plan your trips carefully to make sure that you don’t run out of power. 

Gas stations are easy to find in Connecticut, but electric vehicle charging stations are not. That can be inconvenient, especially if you take a long trip or visit an unfamiliar area.

The upfront cost of an electric vehicle can be significantly higher than the price of a gas-powered car, but federal and state incentives can make an EV more affordable. In addition, you’ll spend less money on fuel, and you’ll have the satisfaction of knowing that you’re doing your part to reduce emissions and protect the environment. 

Insurance Coverage for an Electric Vehicle

If you decide to get an EV, you’ll have to insure it, just like you would any other vehicle. Since an electric vehicle is more expensive and costs more to repair than a gas-powered vehicle, premiums are often higher. 

It’s important to note, however, that auto insurance premiums are based on a long list of factors, including age, gender, location, and driving history. If you bundle your car insurance with your homeowners or renters coverage, you might be eligible for a discount.

Petruzelo Insurance makes it easy to shop around and compare premiums. We can help you find the coverage that you need at an affordable rate. Contact us today to learn more.