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EVs appear to be more accident prone

Auto Service World

Electric vehicles, given their higher acceleration rates, may be more accident-prone than their slower counterparts, according to new insurance data. The report highlights that EVs, known for their rapid torque and instant acceleration, may pose higher risks on the road compared to slower vehicles.

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How EVs will impact insurance rates

Auto Service World

Canadian electric vehicle owners might face higher insurance premiums in the near future, according to a recent report by Morningstar DBRS.

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Understanding Insurance Options for Modern Vehicles

Auto Service World

Source Modern problems need forward-looking solutions; nowhere is that truer than in the present-day automotive scene, where, as we see more technological advancements make their way into modern vehicles, we also notice an adjacent major shift in car insurance. How is Technology Shaping Car Insurance?

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How Canadians are feeling towards EVs today

Auto Service World

Canadians need more education around everything related to electric vehicles, a new report suggested. That includes more details about ownership, infrastructure and insurance.

Insurance 290
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Commentary: Scaling for the Future

Auto Service World

With the global vehicle repair and maintenance market steadily growing, building a scalable, well-structured business is essential for long-term success. Provide ongoing training to keep your team updated on the latest industry advancements, such as hybrid and electric vehicle technology.

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Written-Off 721-Mile 2023 Rivian R1T Sparks Insurance Controversy

autoevolution

Even electric vehicle owners who agreed to have their driving monitored are dealing with insurance premiums that seem to go only one way—up. Apparently, it's not just inflation that's driving these companies to ask for more money. Fret not; there's a way out of all this.

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More insight about charging & insuring EVs

Auto Remarketing

Two of the growing factors impacting electric vehicles are charging them and securing affordable insurance, and three research projects shed more light on those elements of EV ownership and how consumers are adjusting. A separate report from LendingTree insurance site ValuePenguin.com might explain why.