how about this govenment payed for Insurance free for all EV's . Na makes to much sence ----- Original Message ----- From: "Bob Bath" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Thursday, September 05, 2002 9:02 PM Subject: Insurance Comp. Ratios with Exotic batteries
> We've all kicked around the issue of insurance for > our rigs; the hassle of many companies not covering > them, and the concern that if we were hit, the company > might pony up a paltry $200-500 market value for a > Rabbit like mine with $7900 in electronic components > in it. > While I've solved mine by getting a cash value > policy via Allstate, I think time and thought would be > well spent considering & comparing potential outcome > of accidents and the value of the pack. Consider: > Glider $200--> whatever > Electronics $7900 (typical components) > Batteries $1100 (Flooded) $2000-3000 (Optima), > $5000-7000 (NiCad), etc. > > _Accidents will usually be frontal offset or rear-end > collisions; ie, your pack is toast._ Now consider the > ratio of what you might get back in insurance > compensation. Example: > If your rig is a Civic with a value of $3K with > floodeds, you're hit... Let's say all other damage is > reparable. The pack is worth $1K, or 1/3 the value of > the vehicle. > > Let's say you stuffed NiCads into it. Now the > batteries are worth _twice as much as the market value > of the vehicle_! Think about what you're asking the > ins. co. to do... > > Need I even go into LiIon Polys, where the ratio could > get as high as 6-10x or more? > > Are we all so cheap that we refuse to pony up for > longer range/life batteries? Or is it that some of us > have the cash, but also the queasy feeling that there > is something unwise in packing batteries in a vehicle > that is worth many times less money than the > batteries? > Is it wise to drive our rigs without cash value > policies? Or are we all convinced that we can yank > intact controllers, motors, batts, and e-meters right > out, and plop them in the next glider in a matter of > hours? I don't think so. > > We read the reports of another factory in Asia > coming on-line to ramp up production for NiMH or LiP > by the week and month. Yet the prices haven't > dropped, they haven't hit the markets, and we still > have exotic metals, and fairly demanding temp. > regulation. If these issues _do_ fall into place, at > what ratio do we plop them in? Price of Optimas? > Price of Floodeds? > Let's keep the dialogue going... > > __________________________________________________ > Do You Yahoo!? > Yahoo! Finance - Get real-time stock quotes > http://finance.yahoo.com > >
