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Auto Insurance for Model 3 in Canada

Discussion in 'Canada' started by vidya_sagar, May 4, 2018.

  1. vidya_sagar

    vidya_sagar Member

    Joined:
    Mar 28, 2018
    Messages:
    266
    Location:
    windsor, ontario, Canada
    I am starting this thread for those who are in need to get auto insurance for Model 3 in Canada.
     
  2. vidya_sagar

    vidya_sagar Member

    Joined:
    Mar 28, 2018
    Messages:
    266
    Location:
    windsor, ontario, Canada
    I have contacted my current insurance company last month and got a quote for $1800/year based on Model S 75D. I still need to check if Model 3 is listed are not.
    I also checked with Aviva Canada, and came to know that they don't have M3 listed in their system yet (this is also last month)
     
  3. Mobsidian

    Mobsidian Member

    Joined:
    Oct 31, 2017
    Messages:
    122
    Location:
    Ajax, ON
    I was quoted 2600 for my 3 with Allstate and Aviva. Though this is with one minor ticket so without it it's 2300. Also, I was quoted 1500 for a 2012 model S last month so not sure why they're quoting a lot higher for the 3. It's even higher than what I'm paying for my civic. Sigh
     
  4. McFlurri

    McFlurri Member

    Joined:
    Apr 27, 2016
    Messages:
    985
    Location:
    Kitchener, Ontario
    • Like x 1
  5. Anurag0888

    Anurag0888 New Member

    Joined:
    Apr 28, 2018
    Messages:
    1
    Location:
    Toronto canada
    I Checked with RBC insurance on Friday and they gave me a quote of $2400/year, downtown Toronto.
     
  6. vidya_sagar

    vidya_sagar Member

    Joined:
    Mar 28, 2018
    Messages:
    266
    Location:
    windsor, ontario, Canada
    I think most of us got VIN's. So its easy to get quotes if M3 is listed in their systems. Comparing to Model S not working though
     
  7. Munch

    Munch Member

    Joined:
    Mar 19, 2016
    Messages:
    202
    Location:
    Richmond Hill
    TDMM still doesn't have the Model 3 listed. Using the VIN doesn't help either.
     
    • Informative x 1
  8. ZooSean

    ZooSean ZOO

    Joined:
    Feb 16, 2018
    Messages:
    775
    Location:
    Markham, Canada
    I am so happy today , as my insurance broker said my Model 3 price is almost identical my Nissan Leaf. As I gave them my VIN to quote , they told me it is exact quote (not estimate).
     
    • Like x 3
    • Helpful x 1
  9. Canuck

    Canuck Well-Known Member

    Joined:
    Nov 30, 2013
    Messages:
    6,197
    Location:
    South Surrey, BC
    I clicked on the following link on my Model 3 Order page:

    Part of it reads:

    Tesla tells people your phone is the key, and the credit card key is a backup. So this must mean your phone is covered if it is lost, damaged or destroyed especially since any ambiguity in an insurance policy is resolved against the insurer and in favour of the insured. However, I doubt the insurer, Aviva, will view it that way. I doubt they even know about the phone being your key, even though they claim:

    Funny then that you provide specific coverage for keys for the Model 3.
     
  10. jabe

    jabe Member

    Joined:
    Jan 17, 2017
    Messages:
    70
    Location:
    oakville
    I got a quote from johnson.. a strange quote..here is the backstory
    i am getting my wife's 8 year old nissan altima, my wife will drive the tesla (alas, She is the one that drives more to work) I only drive 10 km to work. My 14 year old matrix hsa 140k km on it but it is dying at the right time. my matrix insurance costs my $845. my wife is paying $1050 with a different company for the nissan. my wife puts in 20 km one way to work.
    i tell them replacement cost is $6,000 for the nissan and $70,000 for the tesla.
    so here is the weird part. the quote is $1050 for each car!!!!!
    so 8 year old, $6000 nissan driven 20 km a day costs same as brand new Telsa model 3 driven at least twice that amount ..strange
    jb
     
    • Like x 1
  11. alsetym

    alsetym Member

    Joined:
    Apr 28, 2018
    Messages:
    32
    Location:
    hamilton
    wawanesa $1,400 in hamilton. a couple bucks more a month than my beat up old VW! pleasantly surprised.
     
    • Like x 3
  12. vidya_sagar

    vidya_sagar Member

    Joined:
    Mar 28, 2018
    Messages:
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    Location:
    windsor, ontario, Canada
    Who is insurer?
     
  13. vidya_sagar

    vidya_sagar Member

    Joined:
    Mar 28, 2018
    Messages:
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    Location:
    windsor, ontario, Canada

    wawanesa.

    Got it
     
  14. 5_+JqckQttqck

    5_+JqckQttqck Active Member

    Joined:
    Apr 27, 2018
    Messages:
    1,335
    Location:
    Toronto
    ~2750/yr with Intact through a broker bundled with home insurance and using their "Driver Tracker for 1 month". (Best so far for me)
     
  15. pmich80

    pmich80 Between U and me I'm giddy waitin' for the Model ≡

    Joined:
    Mar 21, 2016
    Messages:
    460
    Location:
    Toronto
    i'm really struggle with insurance... I've now got 2 quotes and theyre $2339 and $3052 per year. At this rate, I may have to second guess getting this car. So frustrating
     
  16. Falcon3

    Falcon3 Member

    Joined:
    Apr 3, 2018
    Messages:
    223
    Location:
    Canada
    I got a quote from PC insurance and AVIVA
    No records and never claimed.

    PC insurance with Intact: $2326/year. Includes everything

    Aviva: $2346/ year . If I bundle it with home insurance you save 15% and additional 5% on top of you pay upfront so drops down to $2030. Same coverage as PC. But the interesting thing with this is $0 deductible if you’ve been claim free for past 5 years. If not, it will be 20% off on your deductible/year for every year you are claim free. It’s a nice incentive.

    Insurance is quite expensive in Toronto compared to what I’m seeing on this forum.
     
    • Like x 1
  17. akidesir

    akidesir Member

    Joined:
    Apr 25, 2018
    Messages:
    232
    Location:
    Toronto, Ontario
    Try cooperators
     
  18. pmich80

    pmich80 Between U and me I'm giddy waitin' for the Model ≡

    Joined:
    Mar 21, 2016
    Messages:
    460
    Location:
    Toronto
    They're so helpful at the Cooperators. I managed to get a quote of $2080 per year but that includes Enroute tracking of my driving. (which I worry once I show how fast this car goes).
     
    • Like x 1
  19. AFGTA

    AFGTA Member

    Joined:
    May 3, 2018
    Messages:
    54
    Location:
    Georgetown, Ontario
    You guys must all have crappy driving records or your insurers are screwing you. My broker quoted me under $1000
     
    • Disagree x 1
  20. pmich80

    pmich80 Between U and me I'm giddy waitin' for the Model ≡

    Joined:
    Mar 21, 2016
    Messages:
    460
    Location:
    Toronto
    No I have a perfect record... It must be because i'm single and in Toronto. I'm so annoyed at this point.
     
    • Informative x 1

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