“The idea that E.V.s are being totaled left and right is the horror story that keeps insurers up at night,” Mr. Mandell said. “Has that happened? Yes. But the incidents are few and far between.”
Data from Mitchell shows that in 2022 electric vehicles cost about $6,800 on average to fix after accidents, about $2,400 more than the average for all cars. Battery-powered cars tend to require more expensive parts, the company said, and…