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Insurance in Michigan

Discussion in 'Midwest/Great Lakes' started by MichFin, Mar 23, 2017.

  1. MichFin

    MichFin Member

    Joined:
    May 8, 2015
    Messages:
    299
    Location:
    Detroit, MI
    I have a 2015 Model S 85D and I'm paying $995 for 6 months through Geico. I don't have any tickets or anything and neither does my wife. How does this compare with other Insurance carriers you might be using?
     
  2. wiredprairie

    wiredprairie Member

    Joined:
    Nov 21, 2016
    Messages:
    71
    Location:
    Wisconsin, USA
    There are a lot of threads about costs of insurance and the result is that everyone's situation is different and it's nearly impossible to get meaningful and useful comparison numbers without a lot of personal details and then comparing them to yours and .... None of which is very practical in this forum.

    My suggestion is to call around and get some quotes if you're curious what other rates you might be able to get.
     
    • Disagree x 1
  3. MichFin

    MichFin Member

    Joined:
    May 8, 2015
    Messages:
    299
    Location:
    Detroit, MI
    Seeing as you're not even from Michigan this thread doesn't even apply to you. So I don't see why you're trying to police this fairly simple question that can really help members of this site that live in Michigan.
     
    • Disagree x 1
  4. tomsModelS

    tomsModelS Member

    Joined:
    Apr 25, 2015
    Messages:
    134
    Location:
    Farmington Hills, Michigan
    Actually, @wired is correct - with different deductibles, age of car, driving history, credit rating, etc,etc, no one can really give you useful information.

    That said, today I got an updated bill for my 2 week old S90D and it comes to $2242 per year. My prior 2014 S85 ran about $1850 IIRC. I've been with Encompass for years and they cover my 2 homes, 2 cars, and a boat on the same policy.

    Hope this helps ... good luck.
     
  5. timf

    timf Member

    Joined:
    Apr 14, 2013
    Messages:
    941
    Location:
    Michigan
    My Model X is around $2500 a year, so it sounds like you're getting a decent price.
     
  6. S-CAR-GO

    S-CAR-GO New Member

    Joined:
    Jul 3, 2013
    Messages:
    2
    Location:
    South Haven, MI
    $1550/year for 2013 S85 with 1000 dollar deductibles from Liberty Mutual. Up about $200 from last year. Have 2 cars with Liberty. Did the RightTrack app monitoring for 90 days last year to get a 15 % discount.
     
  7. tomsModelS

    tomsModelS Member

    Joined:
    Apr 25, 2015
    Messages:
    134
    Location:
    Farmington Hills, Michigan
    @SCARGO - great handle :)

    ... and welcome!
     
  8. MichFin

    MichFin Member

    Joined:
    May 8, 2015
    Messages:
    299
    Location:
    Detroit, MI
    Thanks for the feedback. It sound like I'm in the right ballpark but it's about twice what I paid for my Mercedes.
     
  9. cchc99

    cchc99 Member

    Joined:
    Dec 31, 2016
    Messages:
    99
    Location:
    Grand Rapids
    Not that I have it yet, but my quote has been $2,500 for m S85 from Fremont Ins.
     
  10. cchc99

    cchc99 Member

    Joined:
    Dec 31, 2016
    Messages:
    99
    Location:
    Grand Rapids
    Which then went up to $2,700. And now I'm being told they won't write any more Teslas.
     
  11. MichFin

    MichFin Member

    Joined:
    May 8, 2015
    Messages:
    299
    Location:
    Detroit, MI
    Try Geico.
     
  12. mrtimholmes

    mrtimholmes Member

    Joined:
    Jan 22, 2017
    Messages:
    38
    Location:
    lansing
    I'm with geico, same price as well.
     
  13. BelgyFester

    BelgyFester Member

    Joined:
    Jun 4, 2017
    Messages:
    19
    Location:
    Detroit
    It's terrible, isn't it? I have a quote from Progressive for $6400/year. Yeah, you read that right. Getting a decent insurance rate for a Tesla in Michigan is tough!
     
  14. fasteddie7

    fasteddie7 Member

    Joined:
    Aug 12, 2016
    Messages:
    380
    Location:
    uniontown PA
    Tesla needs to provide their own insurance and put these companies to rest with big oil and outdated dealership models.
     
    • Like x 1
  15. k8vrz

    k8vrz New Member

    Joined:
    Sep 14, 2017
    Messages:
    2
    Location:
    Three Rivers, MI
    I just bought insurance today. I am 31 years old, no accidents in 6+ years, no tickets in 6+ years, my credit score is 790, I own my own home and they're taking me over the fire. $1560 every 6 months.

    That's just crazy. I can't wait to leave this god awful state. Next spring I'm listing my house and heading south.
     
  16. kutkuzak

    kutkuzak Patrick

    Joined:
    Aug 2, 2017
    Messages:
    58
    Location:
    Indiana
    With what insurance company?
     
  17. Iluvpcs

    Iluvpcs Member

    Joined:
    May 11, 2015
    Messages:
    29
    Location:
    Grand Rapids, MI
    OMG - these are crazy rates. I’m a mid 40s male in GR with zero accidents/tickets, w/ progressive over 800 score, P85d is about $500 every 6 months($1k broad collision and $1k comp.).

    6 cars run me ~ $4k a year. The tesla is surprisingly one of the cheaper ones on my policy. 2 Audi’s a6/s8, 911, and 2 merc Ml350s. 2 of the vehicles have only basic coverage/no collision (due to sitting 95% of the time) and I’ll take the risk of loss If I get in an accident (before any flames - I am actively working on selling 2 of the vehicles as I have 3 drivers in the family - and should drop me down to <$3k a year). I do keep higher deductibles on all cars.

    Forgot to add did do a few of the snapshots last winter. Was awesome as I had a few of the cars garaged for the winter and got the full 30% discount.
     

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