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Are you sure about that? The cost of repairing even minor collision damage on a Rivian is ridiculous.
by nradov 9mo ago
Are you sure about that? The cost of repairing even minor collision damage on a Rivian is ridiculous.
- hnburnsy 9mo agoYup, R1S dented rear quarter, $55000 to repair, insurance totaled it out... https://www.reddit.com/r/Rivian/comments/1r19jxb/vivian_is_officially_totaled/ https://www.reddit.com/r/Rivian/comments/1r19jxb/vivian_is_o...
- socialcommenter 9mo agoHow are insurers making any money insuring these things nowadays? 30% higher premiums are being mentioned elsewhere in the comments; that doesn't sound like enough!
- cucumber3732842 9mo ago>How are insurers making any money insuring these things nowadays? Because insurance is fundamentally a "skim some" model. They have a massive pool of money. Sure the pool is bleeding all the time because they're paying out, but it's also being replenished by premiums paid in. They invest this "constant" pool of money and the return on this covers overhead plus profit. So when we're all getting screwed on our premiums because fenders cost tens of thousands and Karens file claims for parking scratches they're making more money, because the same ROI on a bigger pool of money is a bigger number.
- Aurornis 9mo agoThere are multiple other people in the comments saying they had quarter panels repaired for $15K. Which is still a lot, but it’s not $55K. There’s definitely more to that story.
- socialcommenter 9mo agoI'd love to see the itemized bill.