I just got my 6 month nenewal notice, $490. I'll take the risk that I can replace my 2 year old R1T with a similar vehicle if I can pay 4 times less in insurance.
I have no interest in going off road. I bought it because it goes 0 to 60 in 3.1 seconds without ever having to stop at a fucking gas station.
Your use case obviously isn’t universal. Just because it works for you, doesn’t mean everyone else paying more is doing it wrong and getting screwed. It's moot to compare costs without context of [equal] coverage. That was the point.
Varies with your place of residence and value of vehicle, of course, but insurance is up dramatically. Brace yourself, as this ramp will continue with increasing climate related disaster losses. Homeowners insurance likewise. Our long term insurer AARP / The Hartford would not even cover our EV’s - Polestar or Rivian Fortunately GEICO did..So between insurance and Registration the costs with a Rivian are ridiculous. Insurance is $4000 a year and registration is $1200!!! WTF. I love the truck but no way it should be so much more than my 2018 GMC 1500 which was fully loaded. My old registration was $400 and insurance was $1200 a year. So instead of $1600 a year it is $5200!!!
But my Rivian does pay taxes when we buy electricity. It is a double tax.
Strange. I'm also in OC and we pay $1100/year for R1S full coverage, and our first registration renewal was $940, and that's with vanity plates. We are in San Clemente; not sure if that makes a difference.So between insurance and Registration the costs with a Rivian are ridiculous. Insurance is $4000 a year and registration is $1200!!! WTF. I love the truck but no way it should be so much more than my 2018 GMC 1500 which was fully loaded. My old registration was $400 and insurance was $1200 a year. So instead of $1600 a year it is $5200!!!
Who are you using for insurance? I'm in Yorba Linda and have no accidents or tickets.
Judging by your list of vehicles... multi-line discount, if same insurance company. Age and each insurer's risk assessment modeling play a role also. Most of the registration cost is based on vehicle value.
Mercury. And yes, we are bundled for home, auto, umbrella ?
Lol!!!! It’s not a double tax at all. You pay electric infrastructure usage tax for the electricity to the state. You pay highway infrastructure tax to the state in gas tax. Completely different.
So between insurance and Registration the costs with a Rivian are ridiculous. Insurance is $4000 a year and registration is $1200!!! WTF. I love the truck but no way it should be so much more than my 2018 GMC 1500 which was fully loaded. My old registration was $400 and insurance was $1200 a year. So instead of $1600 a year it is $5200!!!
Every time I see someone complain about the CA registration fee I tell them they're much better off than being in Virginia. Virginia charges annual personal property tax on vehicles. It's based on an arbitrary valuation that is inconsistent from county to county. Our 2023 personal property tax on the Rivian was $2,600. This is in addition to our registration fees (which aren't bad) and an EV fee.
