In the U.S., the average severity of a claim for a repairable EV was $6,066 in the first quarter, nearly 30% higher than for internal-combustion-engine (ICE) vehicles. How does this improve accessibility and affordability of sustainable personal mobility?

@asymco The US EV market is dominated by high-end vehicles. Tesla, Rivian, Lucid, various SUVs. In my area, small EVs are non-existent.

@asymco my insurance claimed this one of the price drivers for EV insurance premiums starting this summer. Cost nearly doubled for me.

@asymco I’d love to see what those costs are as EV engines should be a LOT cheaper to maintain. My guess is that it’s all the luxury crap they put into EV SUVs to warrant a high price point is more costly.

@Sumocat @asymco

yes, as more EV brands grow in share of cars on the road, these costs will probably look better -- Tesla is an outlier in insurance cost because of proprietary diagnostic info and design decisions that make repairs expensive and/or hard to estimate

https://www.caranddriver.com/news/a42709679/tesla-insurance-fixes-expense/

@dmarti @Sumocat @asymco The cost of insuring our Bolt is about half the cost of our internal-combustion car that, in theory, is worth less. State Farm, at least, appears to have come to a clear conclusion on that front.

@corbet @asymco @Sumocat is the conclusion something like:
Insurance is more expensive for any car built like an Apple AirPod?

https://insideevs.com/news/597786/tesla-structural-battery-pack-teardown-difficult/

https://www.ifixit.com/Teardown/AirPods+Teardown/75578

@dmarti @corbet @asymco My point was that expensive cars are more expensive to insure and repair, but realistically, it’s Tesla. They hold more than half the U.S. market share and drive up the costs.

@Sumocat @corbet @asymco yes, it's like if HP printer cartridges were ten grand. "Allianz has seen scratched battery packs where the cells inside are likely undamaged, but without diagnostic data it has to write off those vehicles." https://www.reuters.com/business/autos-transportation/scratched-ev-battery-your-insurer-may-have-junk-whole-car-2023-03-20/