Whether you drive a fully electric vehicle, a hybrid, or a plug-in hybrid (PHEV), Morison Insurance helps Ontario drivers compare car insurance quotes from multiple insurers, so you can get the right coverage, the right add-ons, and any available green vehicle discounts.
Morison Insurance is an independent Ontario Brokerage that compares coverage across multiple insurers to find the right electric or hybrid car insurance for you.
We understand the unique needs of EV and hybrid drivers, including battery coverage, charging equipment, and specialized roadside assistance.
Why drivers choose Morison:
Powered entirely by a battery and electric motor with no gasoline engine. EVs must be charged at home or at public charging locations.
A hybrid uses both a gasoline engine and an electric motor but does not require external charging. The battery recharges automatically while driving.
These vehicles can be plugged in for short electric-only trips, then switches to gasoline for longer distances.
Insurance basics are similar across all three vehicle types, but certain add-ons and repair considerations may vary.
Electric and hybrid vehicles in Ontario use the same mandatory and optional auto insurance coverages as gas-powered cars. However, some drivers choose additional protection for EV-specific considerations like battery damage and charging equipment.
All Ontario drivers, whether driving gas, electric, or hybrid vehicles, must carry these four types of coverage:
Beyond mandatory coverage, EV and hybrid owners often add these protections:
Electric and hybrid vehicles have unique components that require special consideration when choosing your insurance coverage.
EV and hybrid repairs can be specialized and costly due to high-voltage battery systems. Your broker can confirm how your policy handles these high-cost components and whether battery damage is covered under collision or comprehensive coverage.
If you charge at home, your Level 2 charging station, wall connector, and cables may be valuable assets. Some protection may fall under home insurance or specific endorsements, which is worth reviewing when you plug in at home.
Unlike gas vehicles that can refuel at virtually any gas station, EVs need specialized towing if they run out of charge. EV drivers may want towing and roadside options that accommodate battery depletion scenarios and can transport your vehicle to the nearest charging station.
Electric vehicle repairs can impact claim timelines depending on parts availability and the number of certified repair shops in your area. Specialized EV components may need to be ordered, and not all body shops are equipped to work on high-voltage systems.
Some policies and insurers offer rental coverage that can help you stay mobile while your EV is being repaired. Ask about EV-friendly rental options where available, as some rental car companies now offer electric vehicles.
Availability varies by insurer and policy. We'll confirm what's included and what's optional when we compare quotes for you.
Premiums vary by driver and vehicle, but electric and hybrid car insurance can sometimes be higher due to repair costs and specialized parts. However, green vehicle discounts, advanced safety features, and bundling options may offset these costs.
The annual cost of your electric car insurance is influenced by the insurance provider you choose, where you live in Ontario, your driving record, how you use your vehicle, and the specific coverages you select.
Several factors determine how much you'll pay for electric vehicle insurance:
Here are approximate annual insurance costs for popular electric and hybrid models in Ontario:
|
Vehicle (New Model) |
Approx. Annual Premium |
|
Hybrid compact |
$1,750 - $4,200 |
|
EV compact |
$1,800 - $4,400 |
|
EV luxury model |
$2,200 - $5,800 |
These are illustrative estimates only. Actual rates depend on your individual profile, location, driving history, coverage choices, and insurer. For an accurate quote tailored to your situation, contact a Morison Insurance broker.
Insurance providers want to reward responsible drivers and those making environmentally conscious choices. Here are ways you can lower your electric or hybrid car insurance premium:
Discounts vary by insurer and driver profile. We'll check eligibility across the markets we quote to maximize your savings.
Making the switch to an electric or hybrid vehicle? Your insurance needs may have changed. Here's a checklist to ensure you have the right coverage:
Talk to a Broker to Review Your New Vehicle
Switching your existing car insurance to an electric car policy may be as simple as any vehicle substitution you've done in the past. Contact a Morison Insurance broker to ensure you have the mandatory coverages and review other features available for your electric or hybrid vehicle. and review other features available for your electric or hybrid vehicle.
We serve drivers across Ontario with licensed broker support. Prefer a local team? We also have physical offices you can connect with.
With Ontario's growing EV charging network and provincial green initiatives, more drivers than ever are making the switch. Our Ontario-based brokers stay current on local EV trends, charging infrastructure, and how these factors impact your insurance needs.
Don't see your community listed? No problem. Morison Insurance serves all of Ontario, and our brokers are happy to help wherever you are.
No, electric and hybrid cars follow the same insurance requirements as gas-powered vehicles in Ontario. All drivers must carry mandatory coverage including third-party liability, accident benefits, uninsured automobile, and direct compensation property damage. The difference lies in optional coverages you may want to add, such as specialized battery protection, charging equipment coverage, or EV-specific roadside assistance.
Electric vehicle insurance isn't inherently more expensive, but premiums can be higher due to the increased replacement cost of EVs, specialized repair parts, and limited availability of certified repair shops. However, these higher costs are often offset by green vehicle discounts, advanced safety features that reduce risk, and the ability to bundle policies. Your actual rate depends on your driving record, location, coverage choices, and other individual factors.
Battery coverage depends on your policy and the type of damage. If the battery is damaged in a covered collision, your collision coverage would typically apply. If it's damaged by fire, theft, or vandalism, comprehensive coverage would usually respond. However, normal battery degradation over time is considered wear and tear and is not covered. Your broker can clarify exactly how your policy handles battery-related claims.
Running out of battery charge isn't typically a covered insurance claim. However, if you have roadside assistance or towing coverage, your policy may cover the cost of towing your EV to the nearest charging station. Some insurers offer enhanced roadside assistance specifically designed for electric vehicles, including mobile charging services in certain areas.
Home EV charging stations and equipment are typically covered under your home insurance policy rather than your auto policy. However, coverage varies, so it's worth reviewing your home insurance to confirm your Level 2 charger, wall connector, and cables are protected against theft, damage, or electrical issues. Some insurers offer specific endorsements for charging equipment.
Yes, many insurance providers offer green vehicle discounts for both fully electric vehicles and hybrid vehicles (including plug-in hybrids). The discount amount varies by insurer but can reduce your premium by up to 5%. Your Morison Insurance broker can confirm which insurers in our network offer green discounts and help you maximize your savings.
Electric and hybrid car insurance rates are determined by many of the same factors as gas vehicle insurance, including your driving record, years of experience, location, annual mileage, coverage choices, and deductible amounts. Additional EV-specific factors include vehicle value and repair costs (especially battery replacement), availability of certified EV repair facilities in your area, and the complexity of your vehicle's technology.
You can reduce your electric or hybrid car insurance costs by maintaining a clean driving record, taking advantage of green vehicle discounts, bundling your home and auto policies, installing winter tires, increasing your deductible, and asking about usage-based or telematics insurance programs. Your Morison Insurance broker can identify all available discounts across multiple insurers to find you the best rate.
Morison brokers compare quotes from multiple insurers and help you secure the right coverage, limits, and certificates fast. Whether you're a first-time EV owner or upgrading from a hybrid, we'll ensure you're properly protected with the right electric car insurance coverage.
