Insurance Company Question

[Impala1ss]

My new MS75 will be delivered in several weeks and I need to insure it. I've gotten a quote from Geico, USAA, and Travelers Insurance for my 3 vehicles. Using the same insurance limits it appears that Travelers (sold through AAA) has the cheaper rates. I live in Florida, have no accidents on record and am OLD.

I don't know anything about Travelers but am willing to change to them. One of their features is that I like is "all structural replacement components will be produced by the original equipment manufacturer." That's very important because my new Tesla (to be delivered in 2-3 weeks) uses all aluminum sheet metal and framing.

Just looking for other's experiences and comments. Tks.

 

[bishoppeak]

If you are eligible for USAA go with them. Cheap rates don't matter if the service is subpar. Only Tesla parts are available for the Model S, so that guarantee is meaningless.

 

[rxlawdude]

Not to mention that in some states, such as California, insurers must allow you to take the car to the shop of choice. Of course, that would be a Tesla-approved body shop using real Tesla parts.

I'm not sure Florida is as consumer friendly. I'd bet against it, in fact.

 

[patrick40363]

My new MS75 will be delivered in several weeks and I need to insure it. I've gotten a quote from Geico, USAA, and Travelers Insurance for my 3 vehicles. Using the same insurance limits it appears that Travelers (sold through AAA) has the cheaper rates. I live in Florida, have no accidents on record and am OLD.

I don't know anything about Travelers but am willing to change to them. One of their features is that I like is "all structural replacement components will be produced by the original equipment manufacturer." That's very important because my new Tesla (to be delivered in 2-3 weeks) uses all aluminum sheet metal and framing.

Just looking for other's experiences and comments. Tks.

State Farm also uses OEM parts.

 

[patrick40363]

If you are eligible for USAA go with them. Cheap rates don't matter if the service is subpar. Only Tesla parts are available for the Model S, so that guarantee is meaningless.

There will come a time when parts from other vendors will be available. The guarantee is a good thing.

 

[Modeler]

Travelers is a solid company. I would chose them over GEICO.

 

[ev-now]

Seen various claims that GEICO are not Tesla friendly when it matters - i.e. when you were hit by one of their insured, and are trying to get your Tesla fixed. No idea if that extends to your own insurance, but I'd bet it does.

Travelers are a solid company, lots of commercial insurance policies in place. As for claims, I don't know.

 

[Lasttoy]

I am using USAA for my 6 autos for fleet price.

 

[brucet999]

My new MS75 will be delivered in several weeks and I need to insure it. I've gotten a quote from Geico, USAA, and Travelers Insurance for my 3 vehicles. Using the same insurance limits it appears that Travelers (sold through AAA) has the cheaper rates. I live in Florida, have no accidents on record and am OLD.

I don't know anything about Travelers but am willing to change to them. One of their features is that I like is "all structural replacement components will be produced by the original equipment manufacturer." That's very important because my new Tesla (to be delivered in 2-3 weeks) uses all aluminum sheet metal and framing.

Just looking for other's experiences and comments. Tks.

What insurer did you choose?

My neighbor is moving from SoCal to near Tampa next month. Just told me that she will have to sell her 5-year old Model S because insurance is too expensive in Fla; got quotes of $2,000 and $2500 per 6 months from two different carriers. Their Toyota full size pickup will cost $600.

 

[brucet999]

I am using USAA for my 6 autos for fleet price.

Three years later is USAA still a good option?

Neighbor moving from SoCal to near Tampa, now plans to sell her 5-year old Model S because best rate she was quoted was $2,000 per 6 months

 

[Puma2020]

For me, yes, USAA was a very good option. It costs me about $150 more per year to insure my Tesla, then my 10 y.o. ICE car that I was getting rid of. The ICE car was about 1/3 the price (at time of purchase) of the Tesla.

 

[SoCal Buzz]

Three years later is USAA still a good option?

Neighbor moving from SoCal to near Tampa, now plans to sell her 5-year old Model S because best rate she was quoted was $2,000 per 6 months

I’m a bit shocked if FL is that much more than So Cal. I pay $1150 / 6 months here in LA, with every discount possible using Allstate.

 

[brucet999]

For me, yes, USAA was a very good option. It costs me about $150 more per year to insure my Tesla, then my 10 y.o. ICE car that I was getting rid of. The ICE car was about 1/3 the price (at time of purchase) of the Tesla.

Good for you, but not relevant answer for Florida insurance rates.

 

[r1200gs4ok]

What insurer did you choose?

My neighbor is moving from SoCal to near Tampa next month. Just told me that she will have to sell her 5-year old Model S because insurance is too expensive in Fla; got quotes of $2,000 and $2500 per 6 months from two different carriers. Their Toyota full size pickup will cost $600.

I live in SoCal...Been with USAA for 48 years...I have 2019 Model 3 AWD and 2020 Model S.....

bodily injury 100k/300k
property. 50k
insured motorist 30,000/60,000
comp and collision deductibles waiver ($1,000 did)
No medical because it does not kick in until after Medicare/Part G so no sense in having it

We pay 364.88 for Model 3 and $531.74 for Model S every 6-months.....total $896.62 x 2 = $1,739,40 annually

Great company and outstanding customer service....if you or anybody in your family have military or government. connections you should check it out.....Also, if you have your house. life or other insurance with them, they pay a very hefty dividend at the end of the year and if you are over 65, they give you a senior dividend paid in February.....lasy year we got over $577....not bad

 

[brucet999]

I live in SoCal...Been with USAA for 48 years...I have 2019 Model 3 AWD and 2020 Model S.....

bodily injury 100k/300k
property. 50k
insured motorist 30,000/60,000
comp and collision deductibles waiver ($1,000 did)
No medical because it does not kick in until after Medicare/Part G so no sense in having it

We pay 364.88 for Model 3 and $531.74 for Model S every 6-months.....total $896.62 x 2 = $1,739,40 annually

Great company and outstanding customer service....if you or anybody in your family have military or government. connections you should check it out.....Also, if you have your house. life or other insurance with them, they pay a very hefty dividend at the end of the year and if you are over 65, they give you a senior dividend paid in February.....lasy year we got over $577....not bad

Not useful information for my friend moving to florida.

 

[r1200gs4ok]

Not useful information for my friend moving to florida.

Should be....I am in California ....one of the most expensive States in US.....they should compare and then decide if it is useful

 

[brucet999]

Should be....I am in California ....one of the most expensive States in US.....they should compare and then decide if it is useful

They are non-military moving from CA to Florida. Your insurance rates are useless information to them.

 

[r1200gs4ok]

They are non-military moving from CA to Florida. Your insurance rates are useless information to them.

you dont get it do you.....you dont have to be military...if your son's, daughter's, brother, sister, mom, dad, grandpa, wife's, family are / or were in military or government jobs, you are eligible....

 

[FatherTo1]

you dont get it do you.....you dont have to be military...if your son's, daughter's, brother, sister, mom, dad, grandpa, wife's, family are / or were in military or government jobs, you are eligible....

Does it have to be a federal government job? I'd like to join USAA, but I don't think I'd qualify. My cousin is in the Army but still doesn't seem to fit their eligibility requirements. Perhaps I'll call just to make sure.

 

[David.85D]

Siblings don’t qualify for USAA. Feds don’t either. Would have joined if allowed...

https://communities.usaa.com/t5/Mon...ip-Eligibility-for-Family-Members/ba-p/176724

we switched from geico to Erie a few years ago. Cheaper and better reputation for customer satisfaction