Car insurance rankings
Cheapest electric cars to insure
18 models ranked by today's lowest comprehensive premium, for a driver aged 40, married, with 10 years' driving and a 50% no-claim discount, on a 3-year-old car repaired at an authorised workshop.
Prices as of 28 Oct 2026, GST included.
All cars · Electric cars · Small cars, up to 1,600cc · Bigger cars, above 2,000cc
In short
- Cheapest: the Peugeot e-2008 at S$715.61 a year.
- The middle of the ranking: S$912.04 a year.
- Dearest: the Audi e-tron Electric at S$1,505.85, 2 times the cheapest.
The 18 cheapest
| # | Car | From | Insurers |
|---|---|---|---|
| 1 | Peugeot e-2008electric; cheapest at Allianz | S$715.61 | 5 |
| 2 | BYD Dolphinelectric; cheapest at AIG | S$787.08 | 11 |
| 3 | BYD Atto 3electric; cheapest at AIG | S$789.73 | 11 |
| 4 | BYD E6electric; cheapest at AIG | S$799.24 | 11 |
| 4 | BYD M6electric; cheapest at AIG | S$799.24 | 10 |
| 6 | Kia EV6electric; cheapest at Allianz | S$826.24 | 6 |
| 7 | Nissan Leaf Electricelectric; cheapest at Allianz | S$834.14 | 8 |
| 8 | BYD Sealelectric; cheapest at AIG | S$861.20 | 11 |
| 9 | Tesla Model 3electric; cheapest at Allianz | S$869.87 | 11 |
| 10 | Hyundai Ioniq 5electric; cheapest at Etiqa | S$954.21 | 9 |
| 11 | Tesla Model Yelectric; cheapest at Allianz | S$992.89 | 11 |
| 12 | MG 4electric; cheapest at Allianz | S$995.37 | 9 |
| 13 | Mercedes-Benz EQAelectric; cheapest at Etiqa | S$1,005.26 | 6 |
| 13 | Mercedes-Benz EQBelectric; cheapest at Etiqa | S$1,005.26 | 8 |
| 15 | MG S5electric; cheapest at Allianz | S$1,012.59 | 8 |
| 15 | MG ZSelectric; cheapest at Allianz | S$1,012.59 | 9 |
| 17 | Mercedes-Benz EQE 350+ AMGelectric; cheapest at AIG | S$1,085.40 | 6 |
| 18 | Audi e-tron Electricelectric; cheapest at Great Eastern | S$1,505.85 | 7 |
Cheapest model of each brand
- Audi e-tron Electric S$1,505.85
- BYD Dolphin S$787.08
- Hyundai Ioniq 5 S$954.21
- Kia EV6 S$826.24
- Mercedes-Benz EQA S$1,005.26
- MG 4 S$995.37
- Nissan Leaf Electric S$834.14
- Peugeot e-2008 S$715.61
- Tesla Model 3 S$869.87
Your own price depends on your age, driving record, NCD and the car's age: compare with your own details. Budget Direct, DirectAsia, FWD and Income price on our results page with your answers; here they count at their reference figure.
Questions people ask
What is the cheapest electric car to insure in Singapore?
The Peugeot e-2008, from S$715.61 a year at Allianz today, for a driver aged 40 with a 50% no-claim discount.
How much does car insurance cost on average?
For this driver, the middle of the 18 models ranked here costs S$912.04 a year at its cheapest insurer; the dearest, the Audi e-tron Electric, costs S$1,505.85.
Why do some cars cost more to insure?
Insurers price by the car's value, repair costs, theft and claims record, and engine size or power. Luxury and performance models cost the most; small, common cars the least. Your own price also depends on your age, driving record and NCD.