Car insurance for hybrids

How much does insurance cost for hybrid cars?

To help you understand how hybrid cars are priced in comparison to fuel cars, we've gotten quotes for both. Keep in mind, the cost of car insurance varies hugely based on a range of factors, including:

• The model of your car and how much it's worth
• Your age, gender, location
• Your driving record
• Your insurance history, like any previous claims you've made
• What level of insurance you pick and if you add optional extras

• How we got these quotes

  *Quotes were sourced on the following profile:

  • 30 years old, 5+ years licensed
  • Male
  • No finance
  • Private use of car
  • Adjusted excess to $900 where possible
  • Car is parked in a locked garage
  • Exclude drivers under 25
  • Market Value
  • No additional driver
  • Start date of policy 17 April 2025

  • No discounts, no memberships, no add-ons
  • Drives 15,000km per year
  • Located in Sydney NSW, 2000
  • Hybrid Model: 2024 Toyota Corolla 5dr Hatchback Automatic Ascent Sport Hybrid 5dr Hatchback 1.8mpi (Rel. January)
  • Fuel Model: 2024 Toyota Corolla 5dr Hatchback Automatic Ascent Sport 5dr Hatchback 2.0inj. (Rel. January)

  Your cost will differ depending on your circumstances. Some things that can affect the cost of your quote include your gender, the type of car you drive, the colour of the car, how long you have been driving and the amount of cover you need. Be sure to read the PDS to find cover that suits you.

Features to consider when buying car insurance for hybrids

You might like to consider the following features and benefits when searching for car insurance:

• Choice of repairer: If you have a trusted mechanic that knows the ins and outs of hybrid cars, you might like to opt for an insurer that lets you pick your own repairer. This means you can take your car to them in the event of an accident, rather than have your car repaired by another mechanic in the insurer's network.
• Agreed value: If your hybrid car cost you a pretty penny, it could be worth considering an agreed value. This is when you and your insurer agree on how much the car is worth in the event of a write off. Using agreed value can ensure your car is paid out for what you paid for it and not just what the market deems its value to be at the time of an accident.
• Charging specific contents: If your hybrid requires plug in charging then you might like to opt for an insurer that lists this equipment as covered. It's typically a feature of EV specific insurance but might be relevant to you based on the model of your vehicle.

Our expert says

Our expert says

"Insuring a standard hybrid vehicle shouldn't be difficult - it should be like insuring any other vehicle. So treat it as such. Spend time comparing your options — I like to collect a minimum of 5 quotes to get an idea of the costs out there, then I focus on what the actual differences between the policies are to help me find the best value one for my needs."

Peta Taylor

Publisher of Insurance

FAQs

• Will I struggle to get third party insurance for a hybrid vehicle?

  It depends on the value of the hybrid. Third party property damage or third party fire and theft policies tend to exclude cover for expensive cars. This varies by insurer though.

• Do I need specific hybrid insurance for my car?

  No, a regular car insurance policy will cover your hybrid car. I'd be surprised if you actually found a policy that's for hybrid cars only, I don't think it even exists.

• Will it cost more to insure a hybrid car?

  This depends on the value of the car. If the hybrid variant is more expensive to buy than the fuel variant, it'll probably be more expensive to insure. This has less to do with it being a hybrid though and more to do with the fact that it's valued at a higher price and therefore the insurer has to cover the risk of insuring it by increasing the premium.

Written by

Peta Taylor

Publisher of Insurance

Peta Taylor is a publisher at Finder, working across all of insurance. She's been analysing product disclosure statements and publishing articles for over 2 years. Peta is passionate about demystifying complex insurance products to help users make well educated decisions with confidence. Peta is part of Finder's insurance awards team and works alongside editorial and insights experts to bring users the best insurance products every year. See full bio