Any traction on Tesla partnered insurance (Aviva)?

[Gouldness]

Been getting insurance quotes and not too happy with what i'm finding $$. (*safe driver, but single and renting, so i get screwed on those stats) Cheapest so far is Progressive @ about $220/mo for 100/300 regular coverage.

Electrek had made mention of Tesla partnering with Aviva (a UK based insurance co) which has a Canadian branch but not USA branch. Mentioned in this article: Tesla is building up in-house insurance as Model S tops list of most expensive cars to insure

When you search Tesla's Support page for "insurance" or google "insure my tesla" you'll find this url: Customer and Product Support | Tesla Support but it doesn't lead anywhere (at least not anymore). Screenshot attached.

Already ordered my m3 (getting FSD), just a shame that the insurance rates don't reflect (yet) how seemingly safe the car is.

 

[Pkmmte]

Although not necessarily partnered with Tesla, I recommend checking out Root Insurance. They actually take Tesla's AutoPilot safety into account on their rates

 

[SageBrush]

Don't jump to conclusions that the high rate is Tesla Model 3 specific.
I pay exactly the same for my Tesla as I did for my Toyota Prime for equivalent liability coverage;
and $20 more a month for equivalent comp coverage. That matches up well with the higher value car.

I don't have a collision coverage comparison but the current tax credits make it an easy choice to carry a high deductible. I have a $5k deductible and very reasonable rates. My total cost for the car is ~ $600 a year.

 

[Runt8]

I don't have a collision coverage comparison but the current tax credits make it an easy choice to carry a high deductible. I have a $5k deductible and very reasonable rates.

Can you elaborate on this? I'm not seeing the link between insurance coverage and tax credits.

 

[SageBrush]

Can you elaborate on this? I'm not seeing the link between insurance coverage and tax credits.

It only comes into play if the car is totaled; but that is my main concern, particularly with the Tesla. If I have to replace the car then the additional round of tax credits easily pays for the deductible.

 

[Runt8]

It only comes into play if the car is totaled; but that is my main concern, particularly with the Tesla. If I have to replace the car then the additional round of tax credits easily pays for the deductible.

Ah, I see. So with the tax credits going away do you plan on increasing your coverage?

I'm currently shopping around for the best rates and trying to understand all of my options.

 

[SageBrush]

Ah, I see. So with the tax credits going away do you plan on increasing your coverage?

Between the Fed and Colorado credits I'm set for a while. I'll revisit the question in 2020.

 

[SageBrush]

@Runt8,
I should probably point out that I do not buy insurance for the same reasons many others do.
I buy high liability to avoid becoming lawyer bait, and I insure to diffuse risk of expensive but uncommon occurrences.

I self-insure the rest since I have the financial reserves and estimate (hah!) my accident risk as well below average based on my driving habits and lifestyle (no alcohol, speeding, phone use, etc). Actually, the insurance I most value (other that keeping lawyers away with high coverages) is the uninsured policy due to the epidemic of drunk driving where I live and the large fraction of uninsured drivers on the Indian reservations. Thankfully that is inexpensive.

Lastly, I try to reduce my risk of accident by keeping the car in peak condition and using top safety tyres for the different seasons. This is particularly important in Colorado.