-WiscoDave
Thursday, August 10, 2023
Insurance Companies Realize What Is Happening with EVs - Things Could Soon Get Expensive
It almost seems as if as each month passes, we get one more bit of evidence showing why buying an electric vehicle is a bad idea, and now we are seeing that even the insurance industry is starting to see the problems with the technology.
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Always refer to you acquaintances electric cars as "coal fired cars."
ReplyDeleteI think the tesla owners will be in for a shock when they realize that GM has negotiated to use tesla chargers. The wait line will be prohibitive.
ReplyDeleteWill be?
DeleteEV insurance also has to cover the structure fire damage when one ignites during the nights recharging. As long as it saves the climate it's all ok then... Fucking pisstubes!
ReplyDeleteChutes Magoo
The articles stated range for the cost of replacement EV battery replacement is way off. Recent stories about owners facing 15k to 25k bills are easy to find.
ReplyDeleteEpstein didn't kill himself.
They weigh more too and are harder on roads and go through tires much quicker.
ReplyDeleteHence the annual road use fees some states have or will implement to replace the gasoline tax revenue lost to EVs.
DeleteSo as long as the insurance companies don't try to pass the costs onto us gas-burners, it's all good to me.
ReplyDeleteToo late. My insurance has gone up $100 in the past year. No accidents, no tickets. Gecko feed must be real expensive now. Gunnyfrank
DeleteOf course they already have! If a gas burner hits an EV (and they are VERY expensive to repair for minor damage) guess whose insurance is going to pay.
DeleteSMUG is expensive.
ReplyDeleteCome on now. It is all worth the money when you can show your neighbors you're an idiot, oops, democrat.
ReplyDeleteYes the Insurance is a little more on an EV here in Michigan. It's about $1200/6mo on a $60,000 Tesla Model Y Performance edition vs about $1,000/6mo on my $45,000 Toyota Highlander. Full collision coverage on both and huge liability coverage in the Millions.
ReplyDelete(we not buy the minimum). Registration costs in Michigan are based on MSRP value and EVs get an additional charge equal to the gas tax that would have been paid by the owner of an average ICE car driving 15,000 miles per year and getting 30 miles per gallon. So if you drive more than 15,000 miles per year your tax per mile is less than the average car's gas taxes. You will never have to change the oil or do most other maintenance. Sure it gets 111MPGe and saves on fuel cost but I did not buy this thing to save the earth. The earth will be just fine. I bought the Performance edition option which makes this car a lot of fun to drive. It's got instant acceleration 0-60 in 3.5 seconds. If you want 0-60 in 3.1 buy a performance Tesla model 3, Want 0-60 in 2.5 seconds get the Tesla model X "Plaid" or go all the way with the Tesla model S "Plaid" with a 0-60 time of 1.99 seconds(1024HP). Any souped up ICE car with these kind of 0-60 numbers will cost a LOT more to buy than a Tesla and more for insurance too. If you don't make much money the IRS will even give you a tax credit of $7,500 on all model Ys and most model 3s.