Could EV insurance rates get even higher?
 

I ran into this:

Scratched EV battery? Your insurer may have to junk the whole car

and considering I will be paying less to insure the BGTS than I used to for the eGolf 5 years ago, this could get pretty ugly. It has vibes of what I read about Elises back in 2005, when insurers started realizing that any damage required a new whole front end fiberglass shell and rates shot up.

How bad are Tesla rates?

The premium on my Model 3 is substantially lower than the premium on the BMW.

I think that the actual risk of battery replacement isn’t that high. Also, there are plenty of non-Tesla vehicles with super expensive parts. Look at the stupidly expensive LED assemblies on most cars now.

Interesting. That's not too bad, then.

Yep. :ack:

The Rivian was the highest new vehicle premium I have ever had on my USAA policy. Fortunately, I only on that thing for two months.

Just another data point... We have 2 Teslas on our insurance and no ICEs... The premiums are similar for both and I consider reasonable. It really hasn't gone up significantly lately...