Buying a Tesla Model 3 or other electric car? TIME reports that Mercury Insurance had the lowest rates for electrics in this comparison.

Finding the cheapest insurance for electric cars

No matter what car you drive, comparison shopping is the best way to nail down a good deal on car insurance. For the vehicles and driver profiles we researched, Mercury Insurance offered the cheapest annual premium. USAA offered a lower quote for the electric Smart Fortwo and the second-lowest quote for the other three cars, but the insurer is open only to military members and their families, so we didn’t include it.

CHEAPEST INSURANCE COMPANIES FOR ELECTRIC CARS IN CALIFORNIA
CHEAPEST SECOND THIRD
Chevrolet Spark Mercury, $1,294 Allstate, $1,689 Auto Club, $1,754
Fiat 500 Mercury, $1,294 Farmers, $1,670 Auto Club, $1,904
Smart Fortwo Mercury, $1,294 21st Century, $1,632 Auto Club, $1,754
Volkswagen Golf Mercury, $1,256 Farmers, $1,691 Allstate, $1,778

Methodology: NerdWallet analyzed rates from the nine largest insurers in California. Policy limits are shown in the previous chart. Results exclude USAA, which is open only to military members and their families.

http://time.com/money/4058630/electric-car-insurance/

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