"Despite greater interconnectivity between components, they (EVs) have fewer moving parts," Ryan Mandell, director of claims performance at Mitchell, said in a release. "So, unless an EV gets hit from behind, it has a higher likelihood of drivability. Differences like these will have a dramatic effect on the auto insurance and collision repair markets, given the recent growth in EV adoption." Credit: Diego M. Radzinschi/ALM
Insurance claim costs to repair electric vehicles continued outpacing those of vehicles with an internal combustion engine (ICE), according to Mitchell's second-quarter EV collision report. On average, the cost to repair EVs was $963 higher in the U.S. and $1,328 higher in Canada.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
