Why EV insurance will soon be TOO EXPENSIVE | MGUY Australia

[iand]

EV insurance costs should be siloed to only EV users, not allowed to be subsidised by all ICE road users.

[JoeDoylePhotographer]

Passing the cost of insurance to other car users should be classed as fraud/criminal

[arthurmatthews]

Forcing everyone to have an EV was never about saving the planet. It was to limit your ability to travel freely.

[wazza]

Excellent video for us here in Australia. The push for EV's is not about the environment or sustainability. It's all about control ! Cheers Mate !!

[mikeportjogger]

If the EV industry really has faith in its products then perhaps they should set up insurance companies to provide affordable cover for their customers.

[mikebenson]

Here in Los Angeles, California. An EV car hit and jumped over a center divider. The car bursted into flames and the occupants sadly died because the doors could not open. No mentioned of the type of car on the news. People in the comment section wrote it was a Tesla. These EVs are not safe!

[Castlebravo]

I've just re-insured my two cars, both ICE, and after years of the premiums failing or remaining static they have both increased by around 20%. I wonder why. Am I paying for the increased risks associated with EV's?

[dinosshed]

The reason behind going to battery vehicles is to save the planet. The transition is playing out with the opposite effect. Lithium battery packs are great for power tools and hobby toys, phones, etc, but not for pushing overweight luxury vehicles.

[ojonasar]

You can’t put out a battery fire, all you can do is try your best to contain it until IT burns itself out.

[FlyingFun.]

Having lived with lipo batteries for 20 years in RC models I know the pitfalls and the dangers and also the benefits.
For a toy that I am NOT inside of it's fine and risks are worth it for the convenience factor of flying around quietly and easily without mess or dealing with fuel and starters etc etc,
In that time I have had one fire and one near fire due to elevtronics speed controller faults, that single fire was early on but was enough for me to know that I would NOT want to be anywhere near one when it goes up in flames, and the idea of being in a car full of them essentially trapped perhaps in the fast lane of the motorway etc etc fill me with fear.
Combine that with electronic locking and windows that can potentially lock you inside the car and I am terrified lol,
remember HAL from a space odessy ?

[eddiec]

Great topic. In California we are seeing situations where insurers are just writing off EV’s in crashes because the batteries cost so much.

[EdVanMeyer]

In Britain Insurance premiums are set to rise 10 fold this year. the EV is a busted flush.

[jayjaynella]

For just once, the insurance companies will be doing the planet a favour. Pricing evs off the road, making the world safer for us motorists, and eliminate or vastly reduce the exploitation of Congo children mining the metals for ev batteries.

[ivanwain]

Good info. Could you make a video about disposal of suspect or damaged EV batteries? It seems that, as with wind turbines, everyone looks the other way when the subject of blade disposal comes up.

[marcelgirard]

One can imagine a condo tower with dozens of EV parked in the basement as we do here in wintery canada and one catches fire.

[mike]

A neighbor here in Utah had a brand new EV as a loaner car while their Mercedes ICE car was in for service. The car caught fire in the garage and burned the house down completely. Not only did the insurance company had to pay for the car but also a million dollar+ house.

[AlanSmith-xulo]

The trouble is it’s the petrol & diesel guys that are having to pay for for them the way they are putting up the price of insurance

[kimoe]

not only a fire risk, but they also wear the roads out quicker because they are heavier. The mad rush to migrate to EV wasn't thought out fully. Would get the same or better environmental beneficial impact if motorway speeds limits were reduced, engines tuned correctly and encouragement given to keeping cars longer. A new car may burn fuel more efficiently but it takes a lot of fuel to make it.

[garyminion]

The issue here in the uk seems to be we are all paying higher premiums to cover the cost of ev's, its unfair. Who decided that this was the way to go, its becoming more obvious day by day that it's not the way to go, we now have officials lying on tv about how certain fires started and police telling owners of burnt out ev's not to take or post any photo's of there burning cars.

[fwx]

Hello Mguy as you may have seen/Heard about the fire at the Luton Multistorey Carpark in London. Around 1500 Cars Destroyed and the Multistorey may have to be Rebuilt Due to a Car that went on fire ( It has been Rumored a Diesel/Electric Range Rover ) In Germany EV, S are banned from Underground Carparks . I can see Insurance Companys simply Refusing to Provide cover for EV, s The risk is simply too high .