Insurance coverage for MY ?

[Teslitored]

Hi,

Any advise on the car insurance coverage you recommend for a MY ?

This is the most expensive present I'm giving to myself so I would like to know about the coverage you have or recommended to have...

Thank you,

 

[ferdboyce]

Hi,

Any advise on the car insurance coverage you recommend for a MY ?

This is the most expensive present I'm giving to myself so I would like to know about the coverage you have or recommended to have...

Thank you,

Try Costco/Connect. I'm in WA and my new MY insurance is <$400 / 6 months.

 

[Teslitored]

I have Geico and to add a MY, the estimated increased would be approx. $240 for 6 months, which I think it's too cheap for this kind of cars??? Am I missing something??? What coverage policy do you have ???

 

[socal_my]

I have Geico with MY. It's $600 for 6 months for me. My liability coverage is higher compared to state minimum. $100 comprehensive deductible, and $1k collision deductible. No rental coverage.

 

[socal_my]

I have Geico and to add a MY, the estimated increased would be approx. $240 for 6 months, which I think it's too cheap for this kind of cars??? Am I missing something??? What coverage policy do you have ???

If you are simply adding a new car to your existing policy, this may be reasonable. When I added MY, the increase was nearly $300 for me, making my effective premium to ~900. But, after selling my other car, I ended up at 600.

 

[dino007]

700$ for 6 months with esurance
Here in texas

 

[Teslitored]

I have Geico and to add a MY, the estimated increased would be approx. $240 for 6 months, which I think it's too cheap for this kind of cars??? Am I missing something??? What coverage policy do you have ???

Updating.....

I called Geico again to double check it and wanted to make sure it's an accurate quote....

For a 2017 Hrv and a MY, full coverage, it would be $1,000 per 6 months... $500 deductible....






For Progressive, $1,300 per 6 months....


Because I'm in California, I also called Tesla Insurance for a quote, but they need the VIN which I don't have it yet...

 

[Teslitored]

Just curious... when you post your insurance payments, are you talking about your tesla vehicle only right??? or like me, a multi vehicle policy??

 

[SDM44]

Insurance premiums (rates) are going to vastly vary on multiple things, like driver history, location (city/zip), if you keep the car garaged, if you have other cars for a multi-car discount or other discounts with additional items or coverages, etc.

The best is to get some ideas of which companies people seem to be getting good deals with and shop around with the same coverages & deductibles for each one in your area, so you can see which one will give you the best deal. In my area of LA County, I've been using Farmers but lately they've been getting expensive with my previous EV cars (with both my Model 3, BMW 530e and i3), and after shopping around for my area & criteria, Costco Connect is the cheapest and we will be switching to that once I take delivery of my Model Y. In my case, it'll save me almost $1000/year on the premium compared to if I stick with Farmers.

 

[AlexHung]

Updating.....

I called Geico again to double check it and wanted to make sure it's an accurate quote....

For a 2017 Hrv and a MY, full coverage, it would be $1,000 per 6 months... $500 deductible....






For Progressive, $1,300 per 6 months....


Because I'm in California, I also called Tesla Insurance for a quote, but they need the VIN which I don't have it yet...

Give MetroMile a try. They have a lower base premium plus charge by miles you traveled.