A collision, 2 months and $18K later, a couple worries their EV insurer will raise rates

Greaser · Canadian Poncho Superstar!

A collision, 2 months and $18K later, a couple worries their EV insurer will raise rates

DonSSDD · Canadian Poncho Superstar!

George, with the tech in all vehicles now, insurance is going way up. Write offs will be common, just add up air bag fixes, all the new tech that can only be installed/reset at a dealership, plus a lack of replacement parts. Bust a windshield and you have to get it reprogrammed.

EVs are extra special, major damage to a Tesla, etc battery is likely a $20k plus bill alone. Lots of stories about EV battery failures, not due to accident, and having to wait over a year for a replacement battery.

Even on my 1998 Silverado air bag, the module under the seat got triggered by the accident when the steering wheel bag went off. Saved a lot of injuries to the 84 year old lady driving it, but this module is no longer available from GM. The dealer says it cant be reset if it was triggered but if I find a used module, it can be set to the trucks VIN. This is a simple 1998 vehicle that GM sold in the millions. The new stuff built since say 2010/2015 will have lots of things needing a dealer fix and a wait for parts? Cost to fix, adding in a rental expense while you wait for parts, etc, it will make more sense to write it off.

DonSSDD · Canadian Poncho Superstar!

And now your connected car, like GM Onstar, can track your driving habits and the manufacturers can sell your data to insurance companies. Your insurance costs may get bumped due to their interpretation of your driving habits.

I speed frequently, have not had an insurance claim or accident ever, knock on wood. Have probably driven 2.5 million miles, should my insurance rates go up?