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InsideEVs
InsideEVs
Technology

Are Insurers Treating Higher-Power Dual-Motor EVs As High-Risk?

  • Owning the more powerful dual-motor version of an EV will drive your annual insurance premium up.
  • If your EV has over 300 lb-ft of torque, then your insurer may consider it a higher risk to insure and charge you more.
  • Car insurance premiums have skyrocketed in recent years but tend to already be higher for electric vehicles.

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