We’ve explained to readers that auto insurers are inflating premiums for their customers due to the skyrocketing costs associated with vehicle repairs. Some insurers are opting to write off electric vehicles even for minor incidents, as it’s uneconomical to fix these complex systems. For those insurers who do undertake the repairs on EVs, the expenses are shockingly high.
The latest example of insurers getting roasted on repairs is a report from The New York Times that says a Rivian owner said his R1T electric pickup truck was involved in a minor fender bender in February in Columbus, Ohio. The insurance company of the driver who struck Chris Apfelstadt’s R1T offered to pay about $1,600 for the repairs.
However, after the R1T was taken to a certified repair shop in Columbus, the costs soared to a whopping $42,000 — or about half of the starting price of the EV. “A key reason […]
Read the Whole Article From the Source: www.zerohedge.com
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.