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Carney on ‘Kudlow’: Electric Vehicles
Are Pushing Up Auto Insurance Prices

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Posted By: Imright, 3/22/2024 12:18:49 AM

The Biden administration’s push for electric vehicles (EVs) is exacerbating the country’s inflationary woes by driving up the price of auto insurance, Breitbart Economics Editor John Carney said in a Thursday interview with Fox Business host Larry Kudlow. Kudlow noted that the Biden administration’s new environmental rule aimed at eliminating gas-powered vehicles is “inflationary” in practice. “You wipe out gas-powered cars and stick EVs in, that is inflationary. You get nothing but higher prices for everything across the board,” he said.

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Reply 1 - Posted by: Rumblehog 3/22/2024 12:29:29 AM (No. 1682702)
Not to mention hordes of ILLEGAL INVADERS being given drivers' licenses who then buy junker cars and don't keep up the mandatory auto insurance. They then proceed to drink a 12-pack of swill and get in an accident. When the LEO arrives, he just looks at you, shrugs his shoulders and says, "The other driver doesn't speak any English, and oh yeah, he has no insurance... sure sucks being you tonight."
4 people like this.

Reply 2 - Posted by: franq 3/22/2024 8:26:16 AM (No. 1682921)
Everything the leftist proposed makes life harder.
3 people like this.

Reply 3 - Posted by: planetgeo 3/22/2024 8:53:16 AM (No. 1682947)
Also because they are about 1,000 pounds heavier due to their huge batteries, they are much more dangerous to other cars in a collision. In effect, they are battering rams on wheels. And environmentalist might want to know that ironically, they are way more polluting due to that extra weight in the amount of fine particles they emit from increased brake and tire wear. Poor Gaia...and your lungs too. Where's our EPA and CDC?
2 people like this.

Reply 4 - Posted by: Sorosisbehindit 3/22/2024 9:00:34 AM (No. 1682957)
Those who choose to drive EVs should pay the increase in insurance that they cause with accidents. Those who park EVs in their garage should pay the increase in insurance that they cause with house fires.
1 person likes this.

Reply 5 - Posted by: czechlist 3/22/2024 9:22:49 AM (No. 1682978)
There are many instances of unusual car sickness related to EVs pets included. Also reports of an annoying hum while charging - especilly at home. Better test drive an EV extensively before getting stuck with a white elephant hangar queen.
0 people like this.

Reply 6 - Posted by: 3XALADY 3/22/2024 9:36:53 AM (No. 1682988)
I'll drink to that. My insurance on a 2020 Lincoln Nautilus went from $1,000 for a 2 year old car to $1,500 for a 3 year old car. And I drive about 6,000 miles a year.
1 person likes this.

Reply 7 - Posted by: JHHolliday 3/22/2024 4:24:00 PM (No. 1683302)
I am a happily retired insurance agent and just glad I won't have to field calls from my irate customers when their auto insurance rates spike. The EV increases are going on top of rate increases from rising repair rates, medical bills and what seems to be an ever-increasing horde of ambulance chasing lawyers advertising 24/7 on TV.
0 people like this.

Reply 8 - Posted by: DVC 3/22/2024 5:11:45 PM (No. 1683361)
The slightest accident can cost tens of thousands. Any possible damage to the battery pack means the car can be very unsafe, like catch fire or electrocute a repairman, or the owner. The batteries are literally deadly, far, far higher voltage and current than any household electrical equipment. Industrial electricians are required to be highly trained when working at those voltages which are found in EVs. Repair shops have special technicians to remove the batteries, if possible, or at least isolate them, before any work can be done. Scary vehicles.
0 people like this.

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