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Best Car Insurance for New Model 3?

Discussion in 'Model 3' started by JonathanTiki, Feb 18, 2020.

  1. JonathanTiki

    JonathanTiki New Member

    Joined:
    Jan 27, 2020
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    Location:
    San Antonio Texas
    Hello,

    So today, I set up my Tesla pick up date for next week! I am very excited but I still have to do all the paper work with my bank. I wanted to see if anyone can help or are in a similar situation and could provide insight.
    What is the best Tesla car insurance (other than the one that Tesla offers) for a 22 year old male, with no dings on their driving record?
     
  2. Wennfred

    Wennfred Supporting Member

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    Apr 4, 2019
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    1,675
    Location:
    San Diego
    Get a few full coverage quotes now and then compare it with Tesla insurance, most people like and switched to Tesla, I’m with Wawanesa but I think they only cover California & Canada.

    Grats and what did you end up buying?


    Fred
     
  3. ThomasD

    ThomasD Member

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    Location:
    florida
    Your rate maybe high Under 25 with a new car.
     
  4. pdx_m3s

    pdx_m3s Member

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    Location:
    Portland, OR
    Traveler’s was really competitive for us. However, we’re also bundled for home insurance and another vehicle (and I’m a bit older at 30). Our monthly premium for the Tesla is $70 per month.
     
  5. Wennfred

    Wennfred Supporting Member

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    Pretty much what I pay with Wawanesa $65.20 per month and $60.00 for the Chevy Volt.

    Fred
     
  6. ewoodrick

    ewoodrick Well-Known Member

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    A 22 year old male is doomed to pay a lot of insurance. I hope that you didn't get the performance, as that would signal the insurance company to add a lot of $$ to rate.
    I also hope that you have had insurance under your own policy, not parents.

    It is not unforeseeable that insurance payment could be higher than your car payment. You really need to start shopping around and especially work with your existing agent to find some solutions.
     
  7. Wennfred

    Wennfred Supporting Member

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  8. tvad

    tvad Member

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    My best advice to you is to contact an independent insurance agent who can provide quotes from several companies. Try to find one who sells Mercury Insurance among the carriers.

    Many folks here will offer well-meaning advice based on their personal insurance carrier and policy...but the fact is, only someone who lives near you in San Antonio and is close to your age can offer any concrete numbers for you to compare.
     
    • Like x 1
  9. pdx_m3s

    pdx_m3s Member

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    Great advice. I’ve worked with an independent agent for years. And when you find a good one they really work to get you a good deal.
     
    • Like x 1
  10. Rojer Lockless

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    Feb 17, 2019
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    Location:
    Houston
    He's in Texas, no Tesla insurance.
     
  11. JonathanTiki

    JonathanTiki New Member

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    Jan 27, 2020
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    Location:
    San Antonio Texas
    Wow thank you for all the reply’s and helpful information! Currently, the lowest I have found is $1,068 per 6 months with Progressive which is 178 per month, I just have to pay it up front.
    I will keep looking around but I will most likely go with Progressive.
    I ordered the Standard Range Plus so definitely not the performance.
    Any of you guys have any experience with Progressive and Tesla?
     
  12. stevenm3

    stevenm3 Member

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    Oct 15, 2019
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    Location:
    Orange Country, CA
    23 years old male with model 3 performance here. Ameriprise $125/mo for 2 cars, model 3 with full coverage, under my name, in California, with no other bundles. Adding another car to the policy actually helped a lot.
     
  13. firebird8302

    firebird8302 Member

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    Location:
    Canyon Lake
    I'm also in the San Antonio area. For me, Progressive had the best Tesla rates by far.

    It was emotionally hard me to go with Progressive though because I want to punch Flo in her stupid face.
     
    • Funny x 2
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  14. Big Dog

    Big Dog Active Member

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    Location:
    Irvine, CA
    Agree with contacting an independent agent, but also obtain quotes from the major insurers who market mostly direct: State Farm, GEICO, Progressive (Flo), USAA (if eligible), etc.

    Go with the cheapest. Insurance is a state-by-state thing.
     
    • Informative x 1
    • Like x 1
  15. idog63

    idog63 Member

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    Sacramento
    if you are going to do any part-time rideshare try esurance. they offer sharesmart for an extra $40/month.
     
  16. Fresnel

    Fresnel Member

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    USA
    I don't get how you guys get these low rates. I really need to look into switching. I swear I pay like 190/month with a 1k deductible.
     
  17. JonathanTiki

    JonathanTiki New Member

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    So I ended up going with Progressive because they gave me the best deal! Thank you and hopefully Flo doesn’t start annoying me
     
  18. outdoordawg

    outdoordawg Member

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    Location:
    Central Texas
    Simma Down Na!
     
  19. Zorak03

    Zorak03 Member

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    Alabama/China
    Esurance was cheapest for me but, after reading several complaints about them not wanting to for for Tesla body shops, I ultimately went with progressive which was only a tad more.
     
  20. digitalFan

    digitalFan Member

    Joined:
    Oct 22, 2018
    Messages:
    53
    Location:
    California
    Ameriprice is cheapest for me for full (may be excessive) coverage. Paying $70/m for M3 AWD EAP. Tesla quote for the exact same coverage was $116/m.
     

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