Posted on 07/29/2023 10:36:22 AM PDT by RomanSoldier19
Electric car drivers should have more expensive insurance premiums to cover the cost of fires which are harder to extinguish, according to an MP.
Conservative Greg Smith, who serves on the Transport Committee, said electric car owners should pay for the risk of fires through their insurance, saying fire services were having to spend seven-figure sums on submersion tanks for the burning wreckage of the cars.
He said: “It doesn’t take a genius to work out that a seven-figure capital expenditure on one of these things, by the time every car on the road is battery-electric, even if you have 0.1pc setting themselves on fire you’re going to need more than one tank.”
Mr Smith said the taxpayer would end up footing the bill for the fire equipment but that it should be insurance companies paying out.
(Excerpt) Read more at msn.com ...
They also cause over twice the road wear of an ICE vehicle, so they should pay a lot more than ICE owners.
In addition to various pharmaceuticals, PFAS, and other sundry chemicals, what is being used to extinguish these fires that we may be drinking later?
Right now, they are not paying anything because they don’t pay gas tax.
Here’s the deal:
Absent government meddling and DEI biases, it would occur naturally as a result of the risk analysis process undertaken by every insurer and EVs would be rated differently under such risks (i.e., higher premiums, vastly so).
But this is a different paradigm, under which government is pressuring politicization of business decisions.
The result will ultimately be appalling to all with common sense (mostly Conservatives).
I also wonder the impact on global warming of rebuilding the roads more often.
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“Electric car drivers should have more expensive insurance premiums to cover the cost of fires which are harder to extinguish, according to an MP.”
You should know by now that that’s not how things work (or don’t work) in this, the Obamanation Part II. Insurance rates will resultantly skyrocket on the rest of us responsible, law-abiding, sane, sensible and frugal Americans (otherwise labeled as White Supremists)... to pay for the rampant and unbridled stupidity of everyone else, including the millions of “new drivers” coming across the border daily.
Too true.
Poor MP Smith. He has good intentions. But he’s living in the past, at a time when people covered their own bills and took personal responsibility.
No one today pays for their stupid, woke decisions. The cost is simply passed on to society as a whole.
On top of that there's more for EV owners, assuming the EV has a higher value that a comparable ICE car. That's because the car registration calculation is ad valorem (higher tax for higher value car).
England
Would a Democrat suggest that for this country ???
Yep!
Actually ICE car owners are paying incentive subsidies for EV purchases through their income tax.
Not just the fires. Won’t the extra weight of an EV cause more damage to other vehicles when they hit them?
Yep, the laws of physics will see to that.
Two EVs collide. Look in the sky for shrapnel at about 39 seconds in.
https://www.youtube.com/watch?v=bVnEw8kk2l0
Maybe this is anecdotal. But the weight of my EV crossover is 4,414 lbs, and my Ford Sport Trac (small truck) is 5,840 lbs.
And in Alabama there's a $200 EV fee for annual car registration (to offset the fact that driving an EV doesn't involve paying gas taxes). With gas taxes totaling 46.4 cents/gallon, the $200 EV fee is the equivalent of taxes on 431 gallons of gas. Since my EV is only a year old, I'll assume an equally new ICE car gets 30 mpg. So the $200 EV fee equates to 13K miles of gas tax. IMHO that seems fair.
Of course, that's not counting the extra I pay for car registration because it's ad valorem (higher registration tax for higher priced cars, assuming of course the EV is higher price than a comparable ICE car). Back when I was doing the math on whether to replace my wife's old crossover when an EV or another ICE, I calculated that ad valorem tax difference to be about $40. If that's right, then the total EV tax is equivalent to about 15,500 miles of gas tax.
At least, that's the numbers as I see them.
.
The should pay more…
And for being gullible.
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