Introduction | Turns out the thing is...
Recently, the topic of "Tesla premiums increased by 80%" has aroused heated discussion among many consumers and industry insiders.
A Tesla Model Y owner posted a premium quote he had calculated on an insurance company's system in the days before and after: the cost was 8,278 yuan on December 23, compared with 14,902 yuan on December 27. In just four days, the premium rose by more than 6,000 yuan, an increase of up to 80%.
In addition, a netizen spoke out on Weibo:
"Tell everyone a joke: this year was not cut by Tesla, but was cut by insurance, does not mean that the introduction of new energy insurance will be cheaper? The premium for new cars is 5,000, and the renewal is directly 11,000, up 120%. What kind of thing is this? ”
Why are premiums rising?
Originally, on December 27, the "Exclusive Clauses for Commercial Insurance for New Energy Vehicles (Trial)" was officially launched. The new policy not only provides a guarantee for the "three electricity" system of new energy vehicles, but also comprehensively covers the use scenarios of its driving, parking, charging and operation.
The expansion of the coverage of captive insurance for new energy vehicles has increased the compensation risk of insurance companies, resulting in an increase in the premium of some models. In this regard, the salesmen of a number of insurance companies said that there is indeed a certain increase in the premium of new energy vehicles.
Some insiders believe that the policy cost of new energy vehicles is mainly reflected in two aspects:
▎Maintenance is expensive
Although the penetration rate of new energy vehicles has exceeded 20%, compared with traditional fuel vehicles, its ownership is still not large, and the unit cost of parts is naturally high. In addition, new energy has a special aluminum body, as well as more complex electrical equipment, expensive battery costs, all of which make its maintenance costs high.
▎The insurance rate is relatively high
It is reported that the current loss rate of new energy vehicle insurance generally exceeds 85%.
In addition to Tesla, the premiums of new energy brands such as Weilai, Xiaopeng and Ideal have also risen to varying degrees, but their premium increases are far less "terrifying" than Tesla.com.
According to a "comparison table of new and old clauses of new energy brands" data, the original premium of WEILAI ES8 was 6141.68 yuan, adjusted to 7838.69 yuan, up 27.63%; Xiaopeng G3 rose 16.06%, P7 rose 29.84%-37.31%; Ideal ONE rose relatively small, 7.83%-26.59%.
Why are Tesla's premiums not only high, but also rising so much?
The reasons may be as follows:
▎ Tesla has had frequent accidents in recent years, not only at home, but also abroad. In the latest 2022 reliability ranking, Tesla is at the bottom of the ranking, see: "2022 Reliability Ranking Released: Lexus Wins, Tesla Lincoln Bottom".
▎ It is reported that Tesla's claim rate and claim amount reached 1:1.4. This means that the insurance company charges a premium of 1 yuan to lose 1.4 yuan, so Tesla's premium naturally has to increase.
▎ This is related to Tesla design. Tesla's all-aluminum or steel-aluminum hybrid body is not easy to repair after the collision, and can only be replaced in one piece. For example, the right front door of che jujun Model S, the cost of replacement due to scratches is 13,500 yuan.
There are well-known bloggers who blog: Jelan Road did a survey and found some reasons from the maintenance price. The survey was compared to the NIO ES6 and Tesla Model 3, and the results were:
▎The price of ES6 mainstream accident parts is about 80% of the Model 3;
▎In addition to the price difference of parts, the cost of man-hours Tesla is also relatively high;
▎In terms of car price, the price of the ES6 will also be higher than that of the Model 3.
This is an explanation that is more reasonable than the current premium price increase.
There are also some new energy vehicle premiums have not been raised, and even a certain range of declines, such as BYD Qin New Energy, BYD E2, Roewe E50, Roewe Ei5, BMW i3, Sihao E20X, etc., of which, in addition to bmw i3, the price of other models is below 250,000.
The adjustment and calculation result of new energy exclusive car insurance is that new energy vehicles priced at less than 250,000 yuan will not increase the cost of insured car damage insurance, and the threshold for limiting the increase and decrease of the rate will be narrowed. Models of more than 250,000 yuan, only some of the premiums have increased, but the overall price does not exceed 3%.
Tesla's premium increase is so large that it can only be regarded as a special case. The latest news is that perhaps due to the "Tesla premium increase" discussion is too loud, it is rumored that some insurance companies have reduced Tesla premiums by about 40% overnight.
Finally, the launch of new energy vehicle exclusive insurance is not the reason for the increase in the premium of new energy vehicles. Its introduction is more to make the premium close to practice, better protect the vital interests of users and the insurance industry, and jointly promote the healthy development of the entire new energy industry, which is also indirectly beneficial to car companies.
It should be noted that the new policy is also beneficial: if the direct loss caused by an accidental fire, it can also be paid. In addition to the expansion of the scope of protection, the benchmark premium of new energy vehicles has also declined.
Compared with the current benchmark premiums of traditional car insurance, the benchmark premiums of the three insurances and car damage insurance of new energy vehicles decreased by about 0.8% overall. Among them, the benchmark premium of the three insurances decreased by 0.1% compared with the current one, and the benchmark premium of the automobile damage insurance fell by 1.2% compared with the current one.
The market pattern of new energy vehicles has changed from "dumbbell-shaped" to "jujube-like", and most new energy vehicles are concentrated below 250,000 yuan. Therefore, some insiders said that it is expected that nearly 80% of new energy vehicle owners can enjoy the benefits of fee reduction.
Car gathering summary
Finally, dear readers, what has changed in your new energy vehicle premiums? Is it up or down? Welcome to discuss!