Car insurance has doubled in 10 years (Patreon)

The costs of running, servicing, and insuring cars have significantly increased over the last decade, with insurance costs up 95.80% (2014-2024), running costs rising due to higher fuel and electricity prices, and servicing costs driven by technological complexity and supply chain issues.

Yes Tesla also has an answer for that.

Tesla's autonomous vehicles and insurance will mitigate these costs.

Tesla's 2024 Vehicle Safety Report says Teslas have 1 crash for every 7.44 million miles driven compared to 1 crash for every 702,000 miles for non tesla cars. This is why they can provide very low cost insurance. PS It would take me 740 years to drive 7.44 million miles.

h/t Sanjay for the image