If the insurance companies aren’t talking, then they’re hiding something...perhaps they’re required to at least partially subsidize the cost of insuring EVs? We know that the repair costs are several times higher than normal cars (at a minimum) - if those costs were fully passed on to owners, then the plan to end car ownership via a phony transition to EVs wouldn’t work.
They are also hiding that the people driving more dangerously are unlicensed illegals.
Can’t blame this on EVs. Car thefts off the charts. Body shop prices through the roof thanks to Bidenomics.
Milk is up.
Bread is up.
Gas is up.
Eggs are up.
Everything is up.
Why is it some kind of surprise
that car insurance is up?
A real “news” story would be about
something that is going down!
Not only are EVs more costly to repair, they are heavier and inflict more damage on other vehicles during collisions than comparably sized ICEs.
Throw up a cloud of squid ink to cover illegal aliens.
Then ignore that more people are driving $100,000 trucks.
Then ignore cars are far more complex. Computer chips and sensors everywhere, so even a minor collision can cost nearly $10k.
Then add in the high cost of both new and used cars, so if a car is totaled, it costs the insurance company more to replace it.
That could very well be part of the problem.