“My homeowners Insurance wasn’t affected.”
Is your insurance company aware of the presence of the EV? Do you bundle Home and auto?
Yes, same company for home and auto.
My home owners insurance (bundled with car insurance) went up not because I bought an EV, but because I added value to the house with solar and other energy improvements to the house like more efficient appliances. In other words, it’d cost more to replace all of that and, thus, I asked for more coverage. To be honest, I should have asked for more coverage even before I began the home energy/EV project simply because my home had gone up in value anyway over the years.
My car insurance went up not because it’s an EV but because I changed my insurance coverage from liability only (for the old used gas crossover) to full coverage for the new EV crossover. The $60/month increase is part of the expenses I mapped out for having an EV when calculating how many miles one has to drive for the gas savings and oil change savings to be worth having an EV. That came to 12K miles per year of home charged miles based on EV prices vs gas car prices in 2022 and power rates vs gasoline cost in Alabama. For me with solar and how much I planned to add to my solar to charge the EV for free most of the time, that threshold came to 8K miles per year.
We drive ours 18K miles per year on home charged miles, not counting when we charge it away from home. And solar provides 80% of the power our house consumes every year, including the power to charge the EV.
But you must do your homework before replicating what I did. Your weather patterns and/or your power consumption habits may not be conducive for solar to be feasible. And I wouldn’t get an EV as an only car or if you take most trips up north in the winter or if you take most trips through areas that have few fast chargers. This assumes the EV will be the newer and most comfortable car for long trips (or you’d hate to always take the older gas car on long trips).