Tesla, insurers take different paths to deal with expensive repairs — via drivingdotca Insurance Tesla
“It’s remarkable how small changes in the design of the bumper providing spare parts needed for collision repair have an enormous effect on the repair cost,” he said. “Most accidents are actually small — a broken fender or scratched side of the car.”‘s reputation for expensive vehicle repairs does not seem to have dampened demand, which Musk says is running well ahead of the company’s ability to produce.
Insurance companies typically “total” a vehicle – that is, choose to scrap it and reimburse the owner – when the estimated cost of repair is deemed too high.Article content Insurance companies contacted by Reuters either declined to comment or did not respond immediately to requests.launched its own insurance affiliate in August 2019, promising rates up to 30 per cent lower than competitors.Insurance at year-end was generating premiums at an annual rate of $300 million and growing at a quarterly clip of 20 per cent – “faster than the growth in our vehicle business.
Of the 15 Model Y Long Range vehicles built in Austin from June through November and sent to auction after being totaled in crashes, all but one had fewer than 10,000 miles on the odometer.
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