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What the US Car Insurance Industry Really Thinks About EVs - And How to Get the Best Policy

30 Nov 2022 | Abstracted from Electrek

White paper "asserted that EV and energy storage battery factories offer a great opportunity for insurers... It suggested that insurance companies refine their ranking systems used to determine favorability.

"Insurance is an industry that has a problem with innovation. It’s all based on data and appetite for risk. So if insurance companies don’t understand something, they’re cautious.

"Shop around, because so many insurance companies have a better EV book than others."



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