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Tesla will sell car insurance, but electric-vehicle insurance and repairs are more expensive than for traditional cars. Here’s why.

By: MarketWatch

March 07, 2022 at 10:10 AM EST

“There’s a lack of data or experience with insuring and fixing EVs," said Bradley Lane, an urban planning professor at the University of Kansas

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Tesla will sell car insurance, but electric-vehicle insurance and repairs are more expensive than for traditional cars. Here’s why.