Superbowl Auto Commercials

Can't wait to learn some of the insurance rates for 3-sec capable vehicles. 
I feel like it'll be the early 70s all over again.

51 minutes ago, balthazar said:

Can't wait to learn some of the insurance rates for 3-sec capable vehicles. 
I feel like it'll be the early 70s all over again.

I'm sure the numbers are out there for the current 3-sec capable vehicles. 

^ Well, Tesla is already #1 in average insurance costs in 49/50 states... so I assume everyone's BE insurance is going to go up noticably.
My wonder is; once the aging & poor drivers are all in BE's... are accident/fatality numbers going to keep going up like the last few years (not saying that's primarily due to BE; there aren't enough of them to move the needle yet).

Is Tesla #1 in insurance rates because of speed, or is it because repair bills for high tech is still expensive.

OR...

Is it because Tesla's production for spare parts is lagging behind GM and Ford. Cost effectiveness not as effective...

Im sure (maybe Im wrong) the Chevrolet Bolt and Nissan Leaf do not commandeer higher insurance premiums than their internal combustion equivalents... 

Not for speed, and not for the lack of spare parts that take a long time to produce and are quite high in price to charge the insurance companies to repair.   Maybe their is a higher cost to repair when the battery pack is damaged and hence why maybe there might be a difference in insurance between a Bolt and a Spark or a Leaf and a Versa...   

Well, Tesla is a brand, not a model (Bolt, leaf).

Moneygeek says the average for a Bolt is $1529, average for a Cruze is $1277.
Would love to learn the algorithm that calculates that difference.

I will say I was impressed that the BOLT has one of the highest resell value after 3 years according to this:

Chevrolet Bolt EV Depreciation (caredge.com)

Interesting study on value:

Electric Vehicle Residual Value Outlook (moodysanalytics.com)

Yes.  I would love to know why and how the actuaries came to those numbers. 

With insurance, its no longer about driver's history, price of vehicle and what engine is under the hood. 

Its how far you travel from work, your daily commute consists of what roads, what your neighborhood looks like, what colour your vehicle  is, how many doors it has...

on TOP of age of vehicle, age of driver, marital status, gender...

Actuaries know how to math...and they math the hell out of you and me.  

In my opinion, Actuaries are just mathing the shyte out of EVs JUST because they can... 

But...I dont see the outrage in that.  

I just see the outrage on (privately owned) dealerships (businesses) telling you outright they will price adjust your vehicle according to what the market says.

Actuaries just use math to out-math you senselessly with all kinds of hidden math just to get the math out of your pocket and into theirs...

58 minutes ago, David said:

I will say I was impressed that the BOLT has one of the highest resell value after 3 years according to this:

Should look at trucks. 1-yr old Sierra at same site is at 85% value. But go via KBB.com and it's private party value is 96%... vs. sticker.
But vs. what I paid, my Sierra is at 109% resale value.

15 hours ago, oldshurst442 said:

Is Tesla #1 in insurance rates because of speed, or is it because repair bills for high tech is still expensive.

   

 

Keep in mind how poorly built Teslas are and how hard it is to get them repaired...also, they have a lot of crashes because the zombies that drive them assume 'auto pilot' too literally..

3 hours ago, Robert Hall said:

Keep in mind how poorly built Teslas are and how hard it is to get them repaired...also, they have a lot of crashes because the zombies that drive them assume 'auto pilot' too literally..

This is exactly what I was trying to convey.   About how hard Teslas are hard to repair. Because of various Tesla specific  idiosyncrasies.  

Forgot about the 'auto pilot' thing and how stupid Tesla sheeple zombies could be.  And therefore insurance actuaries take THAT into account too.  

Not one to watch sports, I missed this but glad to see it on You Tube now.