Singularity
Well-Known Member
- Joined
- Jun 21, 2019
- Threads
- 2
- Messages
- 240
- Reaction score
- 361
- Location
- Finland
- Vehicles
- MY 2020 Taycan 4S, MY 2022 Audi Q7 60 TFSIe
Well, I will be taking the type of full insurance that covers even if the accident is my fault or the fault can't be determined. If it's the other guys fault as is the case here, *their* mandatory basic insurance would cover anything on my car automatically, my own insurance would not be used in such a case.
In this case if the rear ender has only a basic insurance he'll pay for the damages on his car. But if he has full insurance, it would pay for the damages. There is of course a deductible amount in these cases which would need to be paid by the rear ender but large majority of damage would be covered. Downside is you'd lose all your insurance bonuses leading to higher prices going forward.
This at least is how the car insurances work in Finland. Anyway, I did have another point.
I have requested full insurance offers for my upcoming Taycan 4S and man do they vary in cost. Like A LOT. Happily I got a decent offer from my regular insurance company and I will go for that but the one from its largest competitor was from another planet.
I asked why, and the answer was that their estimate for the cost of repairing premium electric cars is quite high and that's why their insurance cost is high. So some companies do take this risk into account already but when looking for insurances for your Taycan MAKE SURE to get offers from many companies! There can be like a 100% price difference as was in my case.
Not a 10% or 20% difference. Literally close to 100%. That's how new electric cars are to insurance companies. And not just that, it's a new electric car. And the first Porsche electric. They simply don't have the data. Some have more, some less, all quite not optimized yet. Make sure you find the best offers. At least that's how it is in Finland still.
In this case if the rear ender has only a basic insurance he'll pay for the damages on his car. But if he has full insurance, it would pay for the damages. There is of course a deductible amount in these cases which would need to be paid by the rear ender but large majority of damage would be covered. Downside is you'd lose all your insurance bonuses leading to higher prices going forward.
This at least is how the car insurances work in Finland. Anyway, I did have another point.
I have requested full insurance offers for my upcoming Taycan 4S and man do they vary in cost. Like A LOT. Happily I got a decent offer from my regular insurance company and I will go for that but the one from its largest competitor was from another planet.
I asked why, and the answer was that their estimate for the cost of repairing premium electric cars is quite high and that's why their insurance cost is high. So some companies do take this risk into account already but when looking for insurances for your Taycan MAKE SURE to get offers from many companies! There can be like a 100% price difference as was in my case.
Not a 10% or 20% difference. Literally close to 100%. That's how new electric cars are to insurance companies. And not just that, it's a new electric car. And the first Porsche electric. They simply don't have the data. Some have more, some less, all quite not optimized yet. Make sure you find the best offers. At least that's how it is in Finland still.
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