this post was submitted on 15 Apr 2025
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Electric Vehicles
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I’m betting that this almost entirely a result asshole Telsa drivers getting into more accidents, not vandalism.
Telsa has armed a bunch of suburbanites with heavy ass cars that come with acceleration speeds that are rival a corvette. That alone should drive up accidents.
There is a reason fast engines have always come with higher insurance. People get in more accidents and worst accidents.
A commenter on the site made the same comment, but I find it difficult to believe that insurance companies won't adapt more quickly to marked increases in vandalism.
If they don't immediately raise rates, then they will make less profit.
If their competitors do raise rates, then the Tesla owners will flock to the ones that didn't raise rates and those companies will end up with reduced profits due to having more Tesla's and thus more claims to cover.
Agreed, but give that people didn’t start aggressively lashing out against Musk until after inauguration and after DOGE started doing shit, I imagine the earliest proactive rate adjustments would be rolling in during March at the earliest.
Vandalism will 100% raise rates, but the date cutoff strikes me to me too early for that to show in the data.