3 ms·
After seeing the damage from a few EV fires, I don't think we're anywhere near proper insurance underwriting of EVs...both for the vehicles themselves and also
by busterarm 3y ago
After seeing the damage from a few EV fires, I don't think we're anywhere near proper insurance underwriting of EVs...both for the vehicles themselves and also surrounding property damage.
Tbh, I wouldn't want an EV parked anywhere within 500 feet of my house. And seeing $41k dent repair bills for the Rivian or a non-covered Tesla battery replacement for driving in heavy rain...Well, I really don't think the masses are ready.
The fact that regulators are pushing so hard for EVs is steering us into a crisis in the near future, I think.