Transcribed

Why EV Owners Worry About Repairs Costs & Insurance

Apr 1, 2024 · 7m 25s
Why EV Owners Worry About Repairs Costs & Insurance
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Introducing the startling reality of EV insurance premiums compared to traditional gas-powered vehicles. Many electric vehicle owners have been astounded by the exorbitant repair costs following collisions, sparking concerns about...

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Introducing the startling reality of EV insurance premiums compared to traditional gas-powered vehicles. Many electric vehicle owners have been astounded by the exorbitant repair costs following collisions, sparking concerns about potential spikes in insurance rates. Experts caution that insurance premiums may indeed increase due to the complexities involved in repairing electric vehicles, coupled with their lower prevalence on the roads.
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