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Insurify

Coverage of Insurify in the Nexus archive.

Earliest in view: Jun 2 · 08:30 UTCMost recent: Jun 2 · 08:30 UTC
Co-mentioned in this coverage
Julia Taliesinperson1Ryan Mandellperson1Teslaorganization1Mercedes-Benzorganization1Audiorganization1Washington, D.C.place1Maineplace1
Recent coverage
  • BUSINESSJun 2 · 08:30 UTCGRIST
    The hidden cost of owning an EV: Expensive insurance

    Electric vehicles (EVs) have significantly higher insurance costs than gas-powered cars, with an average annual premium of $3,159 compared to $2,159 for internal combustion engine (ICE) vehicles. The insurance gap varies by state, reaching 73% in Rhode Island and $6,394 in Washington, D.C., while luxury brands like Tesla and Mercedes-Benz face the highest premiums. Higher repair costs and design differences in EVs contribute to the disparity.

Insurify · Dossier · The Nexus