AAA To Charge Tesla House owners Extra, Cites HLDI Knowledge On Frequency, Severity

Tony Molla is the Vice President of Communications for the National Institute for Automotive Service Excellence (ASE) in Leesburg, VA. With over 35 years expertise within the automotive service business, Tony has held positions in any respect levels, including technician, service manager, parts retailer manager, new automotive sales and automotive technical editor writing service manuals for the Chilton E book Firm. HLDI data discovered the 2014-sixteen Tesla Model S without four-wheel drive had 46 p.c higher frequency and at $eleven,352.9, about 116 % increased severity than the national passenger fleet averages of 7.4 and $5,256, respectively. Other large insurance coverage companies, including State Farm and Geico, mentioned that claims knowledge is a significant component in calculating premiums, however would not disclose if their Tesla-proudly owning prospects would also see charges rise.automotive news

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