Electric cars have been in the news a lot lately. In particular, Tesla has made waves in the industry thanks to their innovative design, direct-to-consumer sales model, and company-created charging station infrastructure. With the electric car industry set to grow over the next few years, many are considering one for themselves.
While there are certainly a number of reasons to purchase an electric car, such as saving the environment and reducing or eliminating the need to pay for fuel, one of the best benefits is the cost-savings associated with electric cars. According to a report in USA Today, drivers of electric cars can save significantly on insurance. Even a savings of 5% (a number fairly common among car insurers) can add up to hundreds if not thousands of dollars over the life of the car. It is important to remember that this savings is in addition to government incentives and fuel cost savings.
For more information about auto insurance coverage in Washington, please contact Humble & Davenport Insurance in Renton.