We’ve provided thousands of insurance quotes for electric vehicles, so we crunched the numbers to reveal the eco cars with the most competitive insurance prices.
But what’s the cheapest electric car to insure with us? We’ve worked with our Pricing team to answer this question.
Take a look at the cheapest electric cars to insure based on Admiral pricing data between July 2023 and July 2024. We’ve also added a few hybrids to the list!
Please note all figures used are averages based on internal data where there’s a minimum of 50 cars on our system, and they don’t take into account other data relating to demographics and behaviour (such as driver age and past driving convictions) that can affect insurance prices.
1. Volvo EX30 (EV) – average annual premium: £620.75
Between July 2023 and July 2024, we found that the cheapest EV to insure with us was the Volvo EX30, with an average annual premium of £620.75.
The Volvo EX30 offers drivers a comfortable yet high-tech journey, with a touchscreen display, Google Voice control and Bluetooth connectivity.
With a maximum range of around 280 miles, this EV doesn’t have the longest range in the market but can still handle long distances. With 280 miles of range, you can drive from London to Birmingham and back with some miles to spare.
2. Lexus LBX (hybrid) - average annual premium: £622.23
The Lexus LBX was found to be the cheapest hybrid to insure with Admiral between July 2023 and July 2024. This is a non-plug-in hybrid (non-PHEV), meaning it doesn’t need to be connected to a charger to charge its EV battery.
Like many EVs and hybrids on the market today, the Lexus LBX has a sleek touchscreen display and Bluetooth connectivity, but also sports a unique, classy interior design that comes in a range of colours.
The LBX hosts a 1.5-litre three-cylinder engine and has a fuel consumption ranging between 56 and 63mpg. Don’t forget that, as a hybrid, its electric range will be considerably lower than that of a pure electric car.
3. Cupra Born (EV) - average annual premium: £623.33
While Cupra isn’t among the most popular manufacturers in the EV industry, that’s not to say it doesn’t offer some great electric cars, including the Born.
The Cupra Born is similar to the Volkswagen ID.3, though their exterior designs are quite different, with the Born having a sharper, sleeker body and can hit high speeds more easily.
The Born’s interior sports a touchscreen display that supports Android Auto and Apple CarPlay.
While this is a pricier option compared to other similar EVs, it offers a spacious boot that can fit up to three suitcases, along with plenty of space for passengers and an impressive range of up to 340 miles.
If you want an EV that can travel longer distances, this could be the one for you.
4. Volkswagen ID (EV) - average annual premium: £626.24
Today, the Volkswagen ID comes in a range of different versions, with the newest model being the ID.5.
Depending on the model you choose, you’ll be met with different specifications, but you can always expect a reliable EV with a good range and modern design.
5. Honda E:Ny1 (EV) - average annual premium: £633.04
The Honda E:Ny1 is sometimes thought of as the electric alternative to the Honda HR-V hybrid.
The E:Ny1’s interior boasts a particularly large touchscreen display, along with Bluetooth connectivity and support for Apple CarPlay and Android Auto.
While the E:Ny1’s range is fairly mid-market at around 250 miles, this is more than enough if you spend most of your time driving locally.
6. Mini Cooper Electric (EV) - average annual premium: £641.07
With the classic Mini design and an all-electric edge, the Mini Cooper Electric (or Mini Cooper E) is a great choice if you’re looking for an EV on the smaller side.
The Cooper E’s interior is a high-tech version of its classic spherical display, boasting a touchscreen that doubles as a traditional speedometer.
With a slightly lower-than-average range of up to 190 miles, the Mini Cooper E isn’t the best choice if you regularly travel long distances (though you could consider the Cooper SE which can reach a range of 250 miles).
7. Vauxhall Mokka (EV) - average annual premium: £641.39
The Vauxhall Mokka EV is a great choice for those who want a larger EV that can still get sporty if needed.
With three driving modes (normal, sporty and eco), you can choose your style of journey in the Mokka. You’ll also enjoy its touchscreen display.
The Mokka can travel up to 252 miles on all-electric power, a fairly standard range in the current EV market. However, as an SUV, its boot space is a little smaller than usual.
8. Ford Kuga (hybrid) - average annual premium: £642.11
The second hybrid that made our list is the Ford Kuga. Unlike the LBX, the Ford Kuga is a plug-in hybrid (PHEV), meaning its electric battery needs to be charged externally using a cable. But don’t forget that there’s also a petrol-based engine that can provide mileage too!
The Kuga has a touchscreen dash display, along with all your other standard modern features, including Bluetooth connectivity and support for Apple CarPlay and Android Auto.
The Kuga has an electric-only range of up to 39 miles, meaning you can’t rely on electric-only mileage for long distances with this car. If this isn’t suited to you, you may be better off with a pure EV, such as one of those listed here.
9. Fiat 500e (EV) - average annual premium: £646.01
The Fiat 500e is another great pick for those who want an EV on the smaller side.
The 500e’s interior is quite different to its petrol-only siblings, with a sleeker design that fits the general EV interior you tend to see today.
The dash hosts a small but useful touchscreen display, and offers Bluetooth connectivity for wireless audio and calls.
The Fiat 500e’s range is on the lower side, reaching a maximum of around 190 miles.
While this isn’t nearly as low as EV ranges can get, it’s not ideal for drivers who regularly travel long distances, especially in rural areas where public charging stations are harder to find.
10. MG MG3 (hybrid) - average annual premium: £649.01
The last on our list is the MG MG3. This non-plug-in hybrid is both affordable and nice to drive and is a particularly speedy car that makes for fun journeys.
With many online retailers listing this hatchback for £20,000 and under, it’s a great choice if you’re looking to buy an EV on a tighter budget.
With a touchscreen dash display and a smaller display in front of the steering wheel, the MG3’s interior design is tech-focused while still maintaining a minimalist design.
Note that, as a non-PHEV, the MG3 doesn’t boast a high all-electric range. You may be better off with a PHEV or pure EV if you want to rely more on all-electric mileage.
