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Insurers See California EV Sales Trends Driving Rate Filing Approval Urgency
New You can now listen to Insurance plan Journal articles or blog posts! Car or truck pricing was a big concern throughout the inflationary surroundings that dominated headlines in 2022, nevertheless a new report reveals profits of electric cars in California rose by far more than 50{12dec99aef6f119e349308ab81c83b123ba77cd3d9c980ff09eaac1f958a2724} previous 12 months from 2021 with an believed maximize in marketplace share of 17.1{12dec99aef6f119e349308ab81c83b123ba77cd3d9c980ff09eaac1f958a2724}. That’s very good for EV makers and sellers, and it appears to be like fantastic for the setting, but insurers accomplishing organization in California may possibly be eyeing the base-line implications. 1 important insurer in California experiences EVs are extra costly to repair, though the carrier’s share of customers…


