Comment on ‘The quotes were £5,000 or more’: electric vehicle owners face soaring insurance costs
HeartyBeast@kbin.social 11 months agoIt’s interesting. My next car will be electric, hopefully. It’s never even occurred to me until now that the insurance would be hugely different
shasta@lemm.ee 11 months ago
It’s not really for any normal car (not Tesla). I have a Kia EV6 and Kia K5 (not an EV) and the insurance premium is $310.87 (covers both cars, 2 drivers, in Florida). The insurance on the K5 alone, for one driver was about $180 before that.
thanksforallthefish@literature.cafe 11 months ago
Errm Florida prices aren’t particularly relevant to the UK ? No ?
shasta@lemm.ee 11 months ago
It is relevant because Florida has the highest car insurance rates in the entire US www.bankrate.com/insurance/car/states/#car-insura…
It should be relevant to anyone in the UK by using it as an upper bound for what their rates should be. Why would car insurance be higher in the UK than in Florida? The UK doesn’t even have any natural disasters.
So the point I’m making is that having a non-Tesla EV in Florida doesn’t even put my insurance rates above the average in my state, so the article’s claim that EV’s would add an EXTRA £5000 to an insurance policy in the UK is ridiculous.
HeartyBeast@kbin.social 11 months ago
You seem to be assuming that the increased expense and slow repair times are to do with natural distaste, rather than differences in the labour market, spares availability, infrastructure and a hundred other economic and societal differences
thanksforallthefish@literature.cafe 11 months ago
Except car insurance is dearer in the UK than Florida, in fact I was shocked by how expensive insurance here was compared to the other countries I’ve lived in (including the US).
I’m not an actuary but I do know there are a lot more parameters to come to an insurance cost than “number of hurricanes”