Kevin Drum has a brief piece on the latest surge in auto insurance coverage charges. He doesn’t supply any rationalization in his publish, however the remark thread has ideas:
• a mixture of enhance in dangerous driving and lack of enforcement;
• fender benders are far more expensive since all of the self-driving gear in addition to lane alerts, again up and blind spot cameras, and so on., are within the bumpers, windshields and facet view mirrors;
• the elevated variety of EVs on the highway, which some commenters assert are costlier to restore;
• elevated injury on account of local weather change (fires, floods).
Commenters notice that insurance coverage charges have additionally surged in Canada and Germany, so it’s apparently not only a US factor.
Talk about.