Posted on 09/17/2023 3:58:35 AM PDT by fruser1
'When they're damaged, the cost of repair is higher,' she said. Since electric cars have fewer components, when one does fail its more expensive to replace. That means insurers may prefer writing off a car over repairing it.
Unlike in the past when a windshield could be replaced with relative ease, the sensors that go into them now mean traditionally simple repairs have become longwinded and expensive. That also means they can take a while, leaving the insurance company responsible for renting a replacement car for the customer for even longer periods.
'If an electric vehicle is involved in a car crash, the likelihood of it being declared totaled is sometimes greater than a gas-powered vehicle because the cost of that battery can be half the price of the car,'
Tesla has introduced its own insurance service, available in 12 states, and claims it 'uniquely understands its vehicles, technology, safety and repair costs, eliminating traditional insurance carriers' additional charges'.
But some owners who have taken out Tesla policies complain that while they were initially offered well-priced premiums, data collected by the car on how they drive was soon used against them.
Tesla insurance policy holders can be penalized for accelerating too fast, passing too close to other vehicles, and even driving after 10pm.
(Excerpt) Read more at dailymail.co.uk ...
Recently upgraded the wife to a new, last generation, iPhone 14, plus a last generation iPad. Both had rebates. The phone rebate brought the new one down to $100! The iPad...not as good a deal...but still moderately cheaper. She loves them both. We could’ve outright paid for both, but the (Apple contract store) sales guy said “don’t...you’ll lose the rebates if you pay them off”. That’s how they get you. So, we signed an agreement to pay for the gadgets over a couple of years.
AHHHhh...
The good ol' days of USA muscle cars!
Si senor. It is a mucho grande idea!
So who DOES pay for them?
Igor: I’ve just flagged another one for closer watching.
Josef: I just spotted another.
How much was inflation these last 8 years?
Don’t know. Don’t care. It’s a Bennie living in Florida. Don’t hate.
—”She also told me that the “discount” typically worked out to about $20 a year.”
He receives over 20 percent discount on that vehicle.
He has a few cars and a truck including a Ferrari that he schedules his time on the road. Mostly it stays in a shrine in a corner of his garage.
He is very thrifty and makes claims to be cheaper than me!
Unverified.
—”But he no longer has his PRIVACY”
If you carry a cell phone, The Big G knows all that and much more.
I agree. In San Francisco, they're talking about automatically issuing tickets for cars that exceed the speed limits, via sensors and cameras on the streets. Even if there is little to no traffic. You'll get the tickets sent in the mail, surprise! I'll be staying away from any town that does that.
One little ol battery a bit bigger size then a AA battery can short and WHOOSH!! there goes the car and it’s passengers and or the house.
understood
yup
They wanna track YOU; not your car.
This is wrong. No reason anyone should pay custom rates based on an EV when driving a Corolla. I don’t think (not sure, tho) that you pay insurance rates for a mansion when living in a shack. This is not good business practice. If EV s insurance is more than an ICE vehicle, well...so be it for anyone who thought they got an EV because it’s cheap to drive. If an EV really was cheaper to own, drive & repair, then that would be different. Any time something that is actually cheaper costs more to own, that is putting our nation further down the road to ruin IMHO.
They don’t pay custom rates like you are alluding to, but when there is a regulation that impacts all insured such as mandatory glass coverage with no out of pocket expense, then that cost is shared by all in the pool regardless of if they use it or not.
Joe six pack driving a ‘79 f150 pays the same fees/etc... to cover the costs of glass coverage as the guy that is driving a tesla with all the bells and whistles and costs way more to replace a window with tons of sensors and needs system re-calibration when installed. It is shared across the pool of insureds, bank on it.
Well, that’s funny. My first car was a Pinto. Loved it. Just bouncin’ down the road without a care. I forget what I got after that, but I had a Mazda at some point, so maybe that was it. That was a pretty hefty car, after the Pinto.
You know, I’m thinking I had a fender bender somewhere in there, but I think that was in my grandmother’s Ford Fairlane. Ooch!
Now I have a Hyundai Tucson. Suits me fine. I guess that should be about it, at this point!
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