EVs—significantly Teslas—are stolen lower than internal-combustion vehicles, in line with the Insurance Institute for Highway Safety’s (IIHS) Highway Loss Data Institute (HLDI).
The HLDI revealed its annual checklist of most-stolen and least-stolen automobiles Thursday, primarily based on the frequency of insurance coverage claims for complete automobile theft for 2020-2022 fashions. The Tesla Model 3 and Model Y had the bottom frequency of claims, with the Model X, Model S, and Nissan Leaf additionally having a lot decrease frequencies of theft claims than the trade common, relative to automobile inhabitants.
That makes for six EVs (the HLDI counts the single-motor and dual-motor Model 3 individually) among the many 20 fashions with the fewest claims for complete automobile theft, though researchers have not developed a agency concept as to why automotive thieves appear to keep away from them.
2022 Tesla Model 3
“Typically, electric vehicles are stolen less frequently than other models,” and HLDI press launch mentioned, providing that, “This may be because they are often parked overnight in well-lit and comparatively secure areas for charging.”
Tesla’s Sentry Mode—and the opportunity of being caught making an attempt to steal a automotive on digital camera—may also have helped. The automaker has additionally labored to rapidly eradicate any cybersecurity points it might need by working with “white hat” hackers, though information on the speed of EV thefts achieved through hacking versus extra typical strategies is nonexistent.
2021 Nissan Leaf
Hybrids, then again, have develop into theft targets for different causes. In 2021, the Toyota Prius grew to become a most important goal for catalytic converter thefts, spurred by a provide chain upheaval that led to a spike in costs for the valuable metals contained within the converters.
Potentially decrease probabilities of theft do not seem to have helped EV house owners with insurance coverage. EVs nonetheless price extra to insure than comparable gasoline vehicles or hybrids, probably partially as a result of collision-repair prices are usually larger for EVs.
Source: www.greencarreports.com