Comment by otherme123
4 hours ago
Wait, insurance includes repair costs? What kind of insurance are we talking about? In Spain, mandatory insurance plus some perks is about the same: includes damage to others, own car broken glasses, theft and fire, and road assistance. Maybe Tesla is slightly more, expensive because the horsepower of their cars is too high, and it gets in the group of cars with over 300 HP, so insurers assume it is a bit of a sports car. Anyway, the difference with similarly powered ICE car is negligible.
> Wait, insurance includes repair costs?
Yes of course, it's part of the actuarial calculation. As cars age they become more expensive to repair and eventually will cross a boundary where the insurer will write them off on any type of accident, rather than trying to repair. This naturally increases the base insurance price.
OEMs in the EU are only required to produce spare parts for 10 years after a model is withdrawn, which is a strong indicator of when write-off becomes the primary option.
In Germany full coverage does include some level of repair costs.
I have had my side mirrors and windshield repairs covered.