- Sat Feb 08, 2025 6:35 am
#6563
10k a year to insure a Model Y? Is this the new normal or an outlier? A recent story about a Florida resident getting a 5300 six-month premium quote from Progressive has me wondering what other owners are paying. This person claims a clean driving record, so what gives? Are Florida insurance rates just that insane, or is there something else at play? Could this be a tactic to avoid insuring Teslas? Share your experiences and insurance costs. Lets get some real numbers on the table. I predict we will see more of this as repair costs and accident rates for EVs continue to climb. What are your thoughts on how this will impact the EV market long-term? Could high insurance premiums stifle EV adoption?
- By Anonymous