A pain in the wallet

June 16, 2024

🔋 A pain in the wallet: EVs are getting harder to insure thanks to higher price tags and repair costs. So far this year, EV-related claims have cost 30% more (paywalled) than claims for their gas-powered counterparts. It’s not just fancy parts, either; it’s the EVs’ souped-up acceleration enticing owners to floor it.