It's never a good day to learn one's insurance rates are rising, but AAA has decided the Tesla Model S and Model X warrant 30 percent increases. AAA combed through its own data and found Model S and Model X owners had abnormally high claim rates. The claim rates were also much costlier than competing vehicles in the Model S and Model X's respected classes. DON'T MISS: Tesla Model S: Too Many Problems To Recommend, Consumer Reports Says After cross-investigating AAA's data with the Highway Loss Data Institute, AAA announced insurance rates could rise 30 percent for the vehicles. Tesla...
Some Small Cars Generate Big Insurance Claims
Car safety has improved in leaps and bounds over the last few decades, with several technological advancements helping not only to protect you in an accident, but also prevent them in the first place. Even so, statistics from the Insurance Institute for Highway Safety (IIHS), Highway Loss Data...Antony Ingram
Electric-Car Accident? What Your Insurance Company MUST Let You Do
It doesn’t matter how long you’ve been driving, what type of car you have or how it happened: having a car accident isn’t nice. Normally, post-accident, your insurance company may help you find a local repairer to get your car looking good as new again. But if you have an electric...Nikki Gordon-Bloomfield
2012 Volt Cheaper To Own Than 2012 Leaf, Says Kelley Blue Book
The 2012 Chevrolet Volt might cost nearly $5,000 cheaper more than the 2012 Nissan Leaf, but over the next five years, it might cost you less to run. At least, that’s the verdict of Kelley Blue Book (KBB) which crowned the 2012 Chevy Volt the electric choice in its inaugral Total Cost of...Nikki Gordon-Bloomfield
Could Your Electric Car Insurance Be Higher Than You Expect?
Arranging insurance for your new car is always a stressful and unpleasant business. Often overlooked, it has a direct impact on your driving habits and your pocket book. But unlike gasoline cars, electric cars are not yet fully known by the insurance industry, causing some potential headaches for...Nikki Gordon-Bloomfield