Xiaomi SU7 Insurance Cost Reason vs Gas Cars
Q: Why is the insurance cost of Xiaomi SU7 similar to that of a gasoline car worth over 500,000 yuan?
A: The commercial insurance clauses for new energy vehicles and gasoline vehicles are different. The exclusive “Clauses” for new energy vehicles provide coverage for the “three-electric” system and comprehensively cover usage scenarios such as driving, parking, charging, and operating of new energy vehicles. Furthermore, insurance premiums are calculated based on various factors including new/old vehicles, brand, model, registration type, insurance types, and coverage amount, so insurance prices vary and cannot be simply compared solely by vehicle price.