National insurer AAA is raising its prices for Teslas Model S and Model X, citing higher-than-average claim rates and repair costs for the two cars. According to a report from Automotive News, AAA said it could raise its premiums by as much as 30 percent for the vehicles. Other large insurers including State Farm and Geico told the publication they couldnt say whether or not they would also increase prices, but noted that data about claim frequency is always used to calculate insurance premiums.
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