The frequency of claims submitted for repairable EVs rose to its highest level in 2023, ending the year at 1.97% in the U.S. and 2.86% in Canada.
Posts tagged as “claims”
How will the events of 2023 affect 2024 when it comes to collision claims? To find out, Enlyte interviewed Mitchell’s director of claims performance.
Recent claims data debunks perception that EVs are more often declared a total loss following a collision than their ICE counterparts.
Compared to pre-pandemic average of 12 days, the repair process is historically slow with higher costs as insurance companies struggle with claims expectations.
State attorneys general have been investigating Ford for several years over misleading claims relating to its 2013-2014 C-Max hybrids and 2011-2014 Super Duty pick-up trucks.