Remember that insurance prices have gone nuts. There are discussions in many EV forums and groups about insurers simply walking away from EV business while others will charge stupid prices. There have been several quotes with 2-300% increases with no other changes in circumstances with some in relatively safe areas that were low risk suddenly looking at quotes of £2,000+ for a year’s insurance.
With that in mind, £3,900 a year seems very reasonable for a £40k BEV fully insured. Not so sure it’d work out so favourable for a £20k hybrid city car though.
I'm Autistic, if I say something you find offensive, please let me know, I can guarantee it was unintentional.
I'll try to give my honest opinion but am always open to learning.
Mark