Tesla will sell car insurance, but electric-vehicle insurance and repairs are more expensive than for traditional cars. Here’s why.
The average cost of repairs are nearly 3% higher for a small EV versus a small internal-combustion engine car, says CCC Intelligent Solutions, a data and consulting firm that has examined the impact of EVs on the automotive, insurance and repair industries.
The same researchers found that spending on replacemet parts as a share of the overall repair costs was higher for a small EV despite that EV having 9.1 parts replaced per claim on average, versus 9.6 parts for small ICE cars. Access the full report here.
“The repair and replacement parts for many components of EVs are different from gasoline cars, and their relative scarcity/lack of economies of scale, plus their higher price, means that the insurance premiums to cover them are also higher,” said Lane of the University of Kansas.
¿Cuánto tiempo dura una demanda de accidente de carro? Después de tramitar un reclamo tras sufrir un accidente de carro del cual tú no fuiste el responsable, uno de los primeros cuestionamientos que surgen es ¿cuánto tardará en resolverse mi caso de accidente de auto? O, ¿cuánto tiempo tardará en llegar mi cheque de indemnización?
For me, living in the bay area, CA, Tesla’s are everywhere. While I understand that service repairs are MUCH higher with Teslas; not only that, but they make it a pain in the butt to get parts too, since you have to work with authorized dealers. They’re tryin to be like Apple in a way? Anyway, I’m still planning on getting one because it’s better for the environment.
As of June 2022, the gas prices have now reached 6–10$/gallon in some states like CA! It’s preposterous and everyone is struggling a bit.