It’s a numbers and statistics game. I dunno what the actual number of EV to ICE is, but it’s probably 1000:1 or more, but it’s the only time I’ve seen the minority be more expensive.
When I was in the military a shipmate was 21 and had a brand new Corvette. His insurance was cheaper than the kid the same age with a brand new Camaro, and a lot cheaper than the kid with a brand new Mustang. Why? Because there’s hardly any 21 yo driving a new Vette, let alone wrecking them like they are the Camaro and Mustang. So statistically he’s less of a risk.
My buddy’s full coverage Murcielago insurance is cheaper than my insurance for a fucking Macan. Low numbers, even if repairs are more expensive (his windshield replacement was $12k lmao) there’s just not enough data out there.
My own personal example is how my insurance for an MV Agusta Brutale is 1/8th what it is for my BMW S1000R despite having the same HP and being the same genre of motorcycle. All the squids are wrecking and getting tickets on S1000Rs, so it’s more expensive despite being nearly 1/2 the cost. There’s hardly anybody wrecking MVs so there’s no data…therefore it’s cheaper.
It’s a numbers and statistics game. I dunno what the actual number of EV to ICE is, but it’s probably 1000:1 or more, but it’s the only time I’ve seen the minority be more expensive.
When I was in the military a shipmate was 21 and had a brand new Corvette. His insurance was cheaper than the kid the same age with a brand new Camaro, and a lot cheaper than the kid with a brand new Mustang. Why? Because there’s hardly any 21 yo driving a new Vette, let alone wrecking them like they are the Camaro and Mustang. So statistically he’s less of a risk.
My buddy’s full coverage Murcielago insurance is cheaper than my insurance for a fucking Macan. Low numbers, even if repairs are more expensive (his windshield replacement was $12k lmao) there’s just not enough data out there.
My own personal example is how my insurance for an MV Agusta Brutale is 1/8th what it is for my BMW S1000R despite having the same HP and being the same genre of motorcycle. All the squids are wrecking and getting tickets on S1000Rs, so it’s more expensive despite being nearly 1/2 the cost. There’s hardly anybody wrecking MVs so there’s no data…therefore it’s cheaper.