Wednesday, April 9, 2025

Several Teslas with minor damage are written off as total damage

Insurance companies increasingly believe that Teslas – even with minor damage – are too expensive to repair. Therefore, the cars are written off as total damages.

In the US, insurance companies are increasingly writing off damage to electric cars – especially Teslas – as total losses.

The cars are simply too expensive to repair. In any case, too expensive for the insurance companies to pay to have the test done.

The news agency Reuters writes that.

At a car auction held recently, there were as many as 120 Teslas to choose from. The majority of them had cards under 10,000 miles. This corresponds to 16,000 kilometers. Even so, the cars were categorized as total losses.

READ ALSO: 20-year-old Axel owns the license plate "Fetaost"

This, even though many of the new cars have cost between 60,000 and 80,000 dollars, corresponding to between 420,000 and 560,000 Danish kroner.

One of the cars – a Model Y Long Range from 2022 – had sustained damage to the front. The insurance company estimated that it would cost upwards of $50,000 to get it all fixed. And it was too much for a 2-year-old car.

The drivers – at least those in electric cars – then also pay for the insurance companies' 'use and throw away' culture, which has itself accompanied the increasingly advanced cars.

Already back in 2022, the site Nerdwallet could tell that it cost US drivers an average of 2,040 dollars per year (14,000 kroner, ed.) to insure a Model Y per year.

That is 30 percent more than what car insurance costs American drivers on average per car per year.

And the picture is not much different here at home. In July 2022, the insurance company Gjensidige could say that 'repair costs are increasing more than the number of injuries'. This even though the number of injuries has increased by as much as 35 percent.

Read more exciting news from and about the world of cars right here!

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