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Keyword: insurancewriteoff

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  • 1 In 5 Crashed Cars Now Totaled By Insurance Firms, ADAS Partly To Blame

    06/02/2024 7:27:35 PM PDT · by where's_the_Outrage? · 63 replies
    Carscoops ^ | June 2, 2024 | Chris Chilton
    More than one fifth of all crashed cars are now totaled by insurance assessors. Proportion of new vehicles written off has increased due to high repair costs. The cost of fixing ADAS systems designed to prevent accidents is often deemed not worth it. The rocketing cost of repairing crashed cars means 21 percent of wrecks now result in a vehicle being totaled by insurance firms, a five-fold increase versus 1980. And some experts think that number could jump to a staggering 30 percent as cars become even more complex. Ironically, it’s the same ADAS driver aids designed to save us...