Agero, Inc.’s Post

Business News | Growth in Electric Vehicle Insurance - Reflecting Increasing Adoption of EVs in India: … for electric vehicles in the minds of vehicle owners. Electric vehicles offer … assistance for electric vehicles. The growing demand for electric vehicle insurance is … coverage for electric vehicles that cater to the requirements of electric vehicle fleets, … #car #cars #awesome

Electric cars cost twice as much to insure as petrol vehicles - as average cost soars by 50%: … Headlines email Drivers of electric vehicles (EV) are paying … price index. Drivers of electric vehicles (EV) are paying more … electric cars are set to fall this year as Chinese electric car … in 2024, which means electric vehicles. This percentage will steadily … #car #cars #awesome

Your Car Is Tattling on You: Major Automakers Share Driving Data with Insurance Giants: … has revealed that several major automakers are covertly sharing detailed driving … the shared driving data. The automakers and data brokers involved claim … regulator launching an investigation into automakers’ data collection practices, and Senator … #car #cars #awesome

The hidden costs of owning electric cars: … associated with ownership of electric vehicles shows the bottom line … finances that comprise owning an electric vehicle – some of them … some hurdles in buying an electric vehicle. Namely, a report … buyers are considering an electric vehicle, up from 38% in … #car #cars #awesome

Consumers who are personally frustrated about rising auto insurance rates should be amongst the first Early Adopters of Fully Autonomous Vehicles. Those who choose to own this future automotive AI driving technology will be very pleased to know that the automotive or autonomous development companies themselves will pay for the auto insurance coverage and premiums for any and all vehicular accidents. Just think of how much more money each of you and your family members will be able to keep in your household budget monthly, whenever it finally occurs. #artificialintelligence #ai #autonomousvehicles #fullyautonomoustechnology #selfdrivingcars #autocompanies #autonomousdevelopmentcompanies

Are you an EV owner? Did you know that electric vehicles typically weigh more than gasoline-powered cars and that they can easily crash through steel highway guardrails that are not designed to withstand the extra force? So if you are insuring an EV car, as an insurance carrier how do you protect against this? And now do you understand WHY the auto insurance premium of an EV auto may be higher....much greater risk!! You can still own an EV, just understand that there is a higher risk involved and thus a higher auto insurance premium.. This along with risk of battery fires are a few of the driving factors behind higher auto premiums for EV vehicles. We cannot ignore them, just part of owning and EV - caveat emptor.... #autopremiums #evcars

Teslas crash more than gas-powered cars. Here’s why CNN  —  Hertz recently announced it was selling 20,000 electric cars out of its fleet, and replacing them with gasoline vehicles. One reason the company gave was that drivers kept crashing the cars. Hertz CEO Stephen Scherr noted that the costs of repairs of an electric vehicle are also much higher. And Hertz’s step back from EV sales indicate a broader problem for the EV industry. Researchers at LexisNexis Risk Solutions looking at insurance data have found that, evidently, rental car drivers aren’t the only ones having issues keeping EVs in one piece. Scherr’s statements echoed findings by insurance analysts at LexisNexis who found that, when vehicle owners switch from gasoline-powered cars to electric cars, they tend to crash more. Drivers also tend to crash somewhat more when switching to gas-powered vehicles, too, but the increase is more pronounced with EVs. The frequency of insurance claims rises by about 14.3 https://lnkd.in/gZqfqF3d

Identifying vehicle specs by VIN decoding is essential to many #automotive industry segments https://bit.ly/3G8BZl9 #VINdecoding

The ecosystem of an automobile is OEM build - transportation - dealership sales - finance - title/registration- insurance - warranty - repair - driveway. Having a standardized and accurate database allows the customers to easily flow through the lifecycle.

The Insurance Institute for Highway Safety / Highway Loss Data Institute has released their list of the safest cars. As a responsible car buyer and parent, safety is always my top priority when considering a vehicle purchase. I'm sure it is for you too. Check out the list to see which vehicles made the cut. #SafetyAwareness #2024 #AutomotiveIndustry #Motorlease #WhateverItTakes