Insurance Crisis for EVs, Jeeps, and Stellantis Vehicles: What’s Causing the Spike?
Manage episode 437193275 series 2911349
内容由David Pelligrinelli提供。所有播客内容(包括剧集、图形和播客描述)均由 David Pelligrinelli 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal。
Overview:
- Discover crucial updates in the personal auto insurance industry.
- No matter your state, car type, or coverage, these changes may impact how you insure and maintain your vehicle.
Key Points:
- Parts Backlog Impact: Even minor repairs, like replacing an underpan, can face long delays (e.g., 4-week wait times).
- Rental Car Coverage Limits: Insurance companies may only cover rentals for a limited period, leading to potential issues if repairs take longer than expected.
- Totaling Electric Vehicles (EVs): Damaging the battery on an EV can lead to your vehicle being totaled, even if the repair seems minor.
- Stellantis Brands at Risk: Jeep, Chrysler, Dodge, and other Stellantis vehicles face uncertainty due to the company's restructuring and possible sale to a Chinese company, which may reduce parts availability.
- Collision Repair Backlog: Body shops are experiencing delays in both estimates and repairs, with some clients waiting 3 weeks just for an estimate.
- Increased Insurance Premiums: Insurance companies are factoring in repair challenges, especially for EVs, and premiums may reach as high as $500/month for some vehicles.
Takeaway:
- It’s more important than ever to avoid accidents, as repair delays and insurance claim processes are more complicated and expensive.
- Be cautious about the brand and type of vehicle you own, as parts availability could significantly impact your ability to get repairs.
Call to Action:
- Share your experiences in the comments—have your insurance rates increased?
- Need expert advice? Access live consultations with licensed experts on topics ranging from auto insurance and investigations to business development and real estate.
1171集单集