How will California’s proposed ban on sales of new gasoline cars affect car insurance rates?

Answered by Home Insurance, Car Insurance Expert Shannon on February 24, 2021

I heard on the radio that California might ban gas-powered cars in the next 15 years. I own a car in California. What is that going to mean for my auto insurance rates?

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Shannon

Home Insurance, Car Insurance Expert

Since we don’t have a way of knowing the future, we can look to the past for guidance. In most cases, when cars come out with new features, the comprehensive and collision cost can be a little higher. As electric vehicles become more common, the cost to repair them should decrease as the availability of parts increases over time. Once this happens, there will be a decrease in first-party coverage premiums (comprehensive and collision).

The type of car you drive is only a part of what determines the overall rate of your policy. All things being equal, the best way to keep your premium low is to maintain a safe driving record.


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