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I have no idea what on earth Tesla is trying to argue here. "Among other things, it compares Model S and X to cars that are not remotely peers, including even
by revelation 9y ago
I have no idea what on earth Tesla is trying to argue here.
"Among other things, it compares Model S and X to cars that are not remotely peers, including even a Volvo station wagon"
Okay? I don't see how any of that is relevant. Insurance prices should be based on risk, and risk is probability times severity.
- loourr 9y agoThey're arguing the insurance costs will always be more for higher end cars, so comparing the cost of repair to a much cheaper car makes no sense. If there is a car 1/10th the cost of a Tesla but the Tesla is 3x as safe, you would still expect the Tesla's insurance to be more.