Really glad they included this table which shows like-for-like comps. I am not surprised *at all* that the Lightning is only a touch more expensive to insure than its F-Series cousins.
Replies
It's Not An EV Problem, It's A Tesla Problem™️
aug 28, 2025, 3:00 pm • 52 1 • view
I mean it's *sort of* an EV problem, but the magnitude is definitely skewed by the Tesla Problem!
aug 28, 2025, 3:01 pm • 46 0 • view
My understanding is that due to the number of sensors that require laborious re-calibration in the event of an accident, not only are repair costs substantially higher but the severity of accident that could result in a total loss is significantly lower. Is that accurate?
aug 28, 2025, 3:11 pm • 1 0 • view
yeah, but it's not just the sensors... it's also the aluminum body panels, and the fact that Tesla makes so many constant hardware changes (rather than only doing mid-cycle updates every ~4 years) that they can't get leverage volume to bring down parts costs
aug 28, 2025, 3:24 pm • 9 0 • view
In terms of ADAS sensors increasing insurance costs? Yes. In terms of that being specific to EVs? No. Gas, Hybrid, Plug-in Hybrid, EV, all forms of motivation have been equipped with ADAS sensors on certain trims for over a decade. It's just Tesla skewing because horrible to repair.
aug 28, 2025, 3:23 pm • 0 0 • view
Exactly, there's been ample reporting on Tesla artificially increasing EV insurance averages for years! www.consumerreports.org/money/car-in...
aug 28, 2025, 3:21 pm • 4 0 • view
I think the Kia/hyundai numbers are probably also juiced by the theft stuff. Not sure if that applies to EVs as well as the other Hyundai and Kia models but vibes are a very important factor for insurers
aug 28, 2025, 3:02 pm • 12 0 • view
Speaking of vibes, Geico wanted 2x what Progressive wanted to insure my wife's i4. It's hard for me to believe Geico used any data in that decision besides "it's an EV, must be like Tesla" 🤡
aug 28, 2025, 3:15 pm • 1 0 • view
Is it more like A Tesla Problem that the rest of the industry is jealous of and is quickly becoming An Everybody Problem?
aug 28, 2025, 3:17 pm • 0 0 • view
Would like to see this same analysis for other countries with higher EV marketshare. Run the Norway numbers!
aug 28, 2025, 3:13 pm • 1 0 • view
If the hypothesis about economies of scale are true (I'm guessing yes) then countries with more mature adoption should see a smaller premium.
aug 28, 2025, 3:14 pm • 0 0 • view
Would love to see the overall number ex-TSLA. And from the insurer side, I’d be really interested in how those prems break down by coverage part (liability vs phys dam vs UM/UIM)
aug 28, 2025, 3:06 pm • 4 0 • view
An IONIQ5 is like $15k more than a KONA. Why not compare the KONA electric and gas versions?
aug 28, 2025, 3:02 pm • 30 0 • view
fair point!
aug 28, 2025, 3:03 pm • 5 0 • view
That's exactly what stood out to me too. No Kona or Niro EVs which I would assume be only a couple 100 more to insure that their gas versions.
aug 28, 2025, 3:09 pm • 2 0 • view
And the model X is twice the base price of a Q3!
aug 28, 2025, 3:06 pm • 2 0 • view
Yeah, the Q7 would be a way better comparison point
aug 28, 2025, 3:16 pm • 1 0 • view
Looked through to the Insurify study and didn't see a geography adjustment note for the comps chart. Curious as to how much of the cost gaps for the Lyriq/Prologue/EV6/Ioniq can be attributed to greater relative EV adoption in high-labor-cost areas like the northeast and west coast.
aug 28, 2025, 3:23 pm • 0 0 • view
The referenced statistics are from Insurify, an entity we all trust and have heard about before today. They make a lot of references to charging infrastructure influencing the cost of insurance, which is an A-to-D connection, at best. insurify.com/car-insuranc...
aug 28, 2025, 3:42 pm • 5 0 • view
Notably lacking in the methodology section: The reason the specific models were chosen for the comparison.
aug 28, 2025, 3:46 pm • 7 0 • view
Still waiting on a response, but I bet it's is going to be really helpful. Personally, I'd hate for a study of mine to go out to the press with flaws or unclear methods in it
aug 28, 2025, 6:33 pm • 1 0 • view
Just got my renewal for my Prologue and other cars for the coming year. Total for all three is $2100. Prologue almost exactly 1/3 of that. I probably have a better deal than most people, but that's nothing like $3400 for the Prologue.
aug 28, 2025, 3:14 pm • 0 0 • view
Really interesting. Thanks for sharing. I’m in market for a used EV right now.
aug 28, 2025, 3:03 pm • 2 0 • view
Highly recommend used EVs - they just don't wear as much as gasmobiles, so a 5 year old EV is much closer to a new car than a 5-year old gasmobile. Also, you get a $4k subsidy until the end of the year if it's under $25k.
aug 28, 2025, 3:54 pm • 1 0 • view
oooohhhh I have heard very little from used EV buyers, please let me know how that goes! do you have a Level 2 charger at home?
aug 28, 2025, 3:05 pm • 2 0 • view
I bought a used EV 3 months ago and it has been great! used public charging for a month or so but then got one installed at home, because *someone* kept stealing all the cables off of the Electrify America L3 chargers nearest me
aug 28, 2025, 3:26 pm • 2 0 • view
Our household picked up a used Bolt back in April and we've been pleasantly surprised that the Level 1 charger covers our daily driving and the occasional longer trip on the weekend
aug 28, 2025, 3:29 pm • 1 0 • view
Oh yah Bolt is perfect for L1
aug 28, 2025, 3:54 pm • 2 0 • view
I really like the Bolt EUVs. I had a chance to get one with everything I wanted at a great price…and I waited a day to long and someone else snagged it! Now I’m dealing with sketchy dealers adding things like $3,399 Dealer Service charge or refusing to tell me an OTD price until I come in.
aug 28, 2025, 5:33 pm • 1 0 • view
Insurance is pricey still but not as big of a spread as chart depicts for our Ioniq 5. Bought it used (for half MSRP!). And yes, charger at home. Home insurance hasn't cared about that. NJ residence.
aug 28, 2025, 3:37 pm • 1 0 • view
Can we just stop including anything Tesla makes in any discussion about "cars." Those shit-boxes skew any analysis they are included in.
aug 28, 2025, 3:05 pm • 3 0 • view
why? is it the value of the cars? the expense of repairs? the way they drive when they have so much torque?
aug 29, 2025, 6:02 am • 0 0 • view
I wonder if tesla is higher due to concerns/data on its "full self driving"?
aug 28, 2025, 3:03 pm • 0 0 • view
Weight, hood height, and acceleration speeds should play a much higher role in how insurance premiums are calculated. It's strange that a pickup that's sought out to use as a weapon is cheaper to insure than a relatively modest sedan or crossover.
aug 28, 2025, 3:15 pm • 2 1 • view
bigger car less likely to be damaged in accident
aug 28, 2025, 3:27 pm • 0 0 • view
Are jeeps therefore cheaper to insure?
aug 28, 2025, 3:48 pm • 0 0 • view
No because they are shitty cars lol
aug 28, 2025, 4:11 pm • 1 0 • view
How in the world is the MB A-Class the gas equivalent of a Tesla Model 3? That seems rather charitable to Tesla.
aug 28, 2025, 3:12 pm • 8 0 • view
I have a bunch of State Farm discounts, but my 2024 IONIQ 6 annual premium is still right at $1,000. That’s a lot less than all those numbers!
aug 28, 2025, 4:08 pm • 4 0 • view
Yeah, we pay $2400/year for an Ioniq 5 and a Leaf, with really good coverage on the Ioniq 5. $3500 for only an Ioniq 5 is wild.
aug 28, 2025, 4:20 pm • 4 0 • view
An anecdotal datapoint- moved from a '23 XC90 mild hybrid to a '25 XC90 PHEV (same trim) and insurance went up significantly
aug 28, 2025, 3:10 pm • 0 0 • view