Insurance

VERIFY: Is car insurance more expensive for electric vehicles?

Electric vehicles are becoming more popular, but could the money you save on gas wind up going to higher insurance premiums? In this video, VERIFY reporter Meghan Bragg goes to car insurance experts to find out if it costs more to insure an electric vehicle than a similar gas-powered model.

OUR SOURCES
USAA Insurance
North Carolina Department of Insurance

THE QUESTION

Is it more expensive to insure an electric vehicle — such as a Tesla — than a gas-powered car?

THE ANSWER

Yes, it is more expensive to insure an electric vehicle if you add comprehensive and collision coverage to your policy. According to USAA, if you have two cars that are identical in every way except one is electric and the other is gas-powered, it would likely cost more to carry comprehensive or collision insurance on the electric vehicle.

USAA says it all comes down to the cost of claims for electric or hybrid vehicles. EVs have parts that are most expensive to repair and replace.

#WakeUpCLT #VERIFY

READ MORE: https://www.wcnc.com/article/news/verify/verify-electric-vehicle-car-insurance-premiums-gas-powered-cars-tesla-hybrid-chevrolet-ford/275-c0c8499a-4499-4463-b966-7b9029ddbbe5

teljes filmek magyarul

Recent Posts

LiveIt!LIVE – Lara Fabian Concert @Istanbul/Turkey

Live Performance from Lara Fabian

2 óra ago

Kiara Advani and Vicky Kaushal’s Quirky Conversation about ANIMALS! #LustStories

Watch Lust Stories streaming on Netflix. Watch on Netflix: https://www.netflix.com/ Follow Netflix India on: Website:…

4 óra ago

Top 5 Credit Cards for Online Coaches

In this video I'm going to share with you the top 5 credit cards for…

7 óra ago

My $30,000 GM Credit Card Just Changed Policies You Need To Know

#creditcard #credit #diycreditrepair My $30,000 GM Credit Card Just Changed Policies You Need To Know…

7 óra ago

Best Credit Cards – Spring 2024 (UK)

* For latest version, click here - https://youtu.be/0BE_ShW6Jsw In this video, I reveal the best…

7 óra ago

Credit Card Portfolio and Spend Strategy for 2025 🔥Best Cashback cards 2025 #trending #shorts

In this video we do a deep dive into the kind of credit card portfolio…

7 óra ago