The invention discloses an insulation polyurethane acrylate plastic paint and a preparation method thereof. The insulation polyurethane acrylate plastic paint comprises the following components: by weight, 20-30 parts of polyurethane acrylate, 5-8 parts of a photosensitizer, 5-10 parts of a sensitizer, 10-20 parts of stabilizers, 2-3 parts of calcium sulfite, 1-2 parts of benzophenone, 2-8 parts of N,N-dimethylbenzylamine, 5-14 parts of 2-trans-3,7-dimethyl-2,6- octadiene-1-ol, 6-12 parts of dimethyl distearylammonium chloride, 1-2 parts of aluminum chloride hexahydrate, 10-12 parts of acrylonitrile-butadiene-styrene and 1-13 parts of methacrylic acid. The insulation polyurethane acrylate plastic paint has the advantages of low cost, good insulation properties, low content and low toxicity of volatile matter, low high-temperature dielectric loss, good stability and good resistance properties.