<\/p>\n 2019 Chevrolet Bolt EV<\/p>\n<\/div>\n And by brand, The Zebra points out that Tesla is second only to Maserati in annual premium cost\u2014a whopping $3,419 on average, annually, which is more than double the average amount for a number of mainstream brands including Jeep, Volkswagen, and Subaru. It\u2019s not mentioned, though, whether these results are normalized for model year.\u00a0<\/p>\n The soaring cost of battery replacement<\/a> in a collision may have something to do with that. As Reuters<\/a> uncovered last month, in what was expected to be a circular economy, battery packs are piling up in some markets (or countries) because automakers haven\u2019t provided the guidance or knowhow for opening up and fixing packs.\u00a0<\/p>\n So instead it\u2019s often up to insurers to foot the cost of an entire new pack\u2014in many cases costing more than $20,000\u2014or write the car off. And that latter outcome is statistically more often the choice for EVs versus other vehicles, according to CR. This continues the cycle of accelerating EV insurance premiums rather than reducing them.\u00a0<\/p>\n Decisions around manufacturability may be playing a role. Tesla, for instance, has reportedly built no repairability into its structural pack being given to the Texas-made Model Y. And for the entirely new way Tesla is due to use in making the upcoming Cybertruck, it hasn\u2019t yet detailed whether batteries will be accessible at all.\u00a0<\/p>\n 2019 Tesla Model 3 – IIHS side impact crash test<\/p>\n<\/div>\n Tesla offers its own insurance, and according to the company it\u2019s currently offered in Arizona, California, Colorado, Illinois, Maryland, Minnesota, Nevada, Ohio, Oregon, Texas, Utah, and Virginia. Tesla Insurance<\/a> is based on a proprietary safety score, running on a 30-day mileage-weighted average and, in select states, actual driving behavior. Rivian also established its own insurance<\/a> program in 2021, with several third-party underwriters, then saying that it would be offered in 40 states. Porsche has also experimented with EV insurance for its Taycan<\/a>.\u00a0<\/p>\n With prices starting to coming down on EVs, and some, like the Tesla Model Y, now costing less<\/a> than average up front, it\u2019s worth keeping in mind that EVs cost far less to operate<\/a>\u2014especially amid high gas prices\u2014versus gasoline vehicles, with insurance standing as the one exception.\u00a0<\/p>\n 2023 Nissan Leaf<\/p>\n<\/div>\n Finally, there is hope for rates to come down, and as one model demonstrates, this may just be a matter of getting enough vehicles out there for automakers and service departments to understand the nuances of such repair. CR mentions the Nissan Leaf, which has been widely available for more than a decade as an example, as costing $35 less per year to insure than the Prius.<\/p>\n","protected":false},"excerpt":{"rendered":" Electric vehicles continue to be vastly more expensive to insure than gasoline models, on average\u2014hybrids included.\u00a0 According to Consumer Reports, citing national-average data from The Zebra, an insurance comparison tool, the Chevrolet Bolt EV costs slightly more to insure than the Toyota Prius or Hyundai Ioniq Blue hybrids. The Tesla Model 3 costs more than […]<\/p>\n","protected":false},"author":1,"featured_media":48392,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"class_list":["post-48391","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-e-cars"],"_links":{"self":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/48391","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=48391"}],"version-history":[{"count":0,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/48391\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/media\/48392"}],"wp:attachment":[{"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48391"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"2019](\"https:\/\/images.hgmsites.net\/lrg\/2019-chevrolet-bolt_100672368_l.jpg\" "\\"2019")
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