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Insurance On Model S?
- Thread starter veritas415
- Start date
USAA for me is around 600/6 months. I have a 1000 deductible and pretty high coverage limits (can't remember them off the top of my head). I'm a 29 y/o non married in WA state.
Same age and paying $1,000 a year for excellent coverage (with Acuity) in Wisconsin. I am buying S 90D but listed on policy as "S 75D -Model S 9". Called insurance agent - they insist as long as VIN # is correct i am OK. Also have $1MM umbrella policy which is under $500 a year.
I have State Farm. No model is designated at all on my policy. It just says 2016 Model S 4DR. I gave them the VIN and identified it as a P100D when I submitted the request to add it to my insurance, but I guess State Farm doesn't differentiate between the various battery sizes and performance options.
boonedocks
MS LR Blk/Blk 19”
$1255 a year with maximum coverages available. Our Umbrella Policy requires that our cars have the max.
S100D Fully loaded $122,000 purchase price
S100D Fully loaded $122,000 purchase price
iqless
Member
$365 for 6 months with GEICO. S 85D, 31 yo, NC, 2 previous claims on record, one my fault.
Coverages: $100k/300k body injury liability, $100k property liability, $500 deductibles.
Coverages: $100k/300k body injury liability, $100k property liability, $500 deductibles.
iqless
Member
I think I told GEICO yearly mileage was about 12,000. They didn't ask me about daily commute distance.
I just got my renewal from GEICO, and it's lower than last 6-months. $324/6 months for the Tesla (but the Tesla is not the only car on the policy, and that includes so many discounts - multiple cars, house, good driver, new vehicle discount, etc. etc. etc.).
I have about the same level of coverage as the OP for $100k/$300k/$100k and $500 deductible on comp and collision. 15k miles a year, 16 miles each way to work. Though I don't think the mileage affects the quote all that much.
I have the same coverage, multiple cars and policies, similar mileage, no accidents or tickets in maybe 10 years+ ... and im at 900/6months (in california)
⚡️ELECTROMAN⚡️
Village Idiot
Be careful with Farmers. They don't like to pay the rates that Tesla certified shops charge. I've heard that they aren't the only insurance company that will give you a hard time with Tesla repairs, but Farmers is the only one I've had personal experience with.
AZ Desert Driver
Rare combination
I think Electromans note is pretty important. Getting a good price for coverage does mean anything if the company refuses to pay out under that coverage. You need to hire an insurance company that you trust to be there in your moment of need.
There was a wildfire in our area that swept through a mountain community and burned down many houses. Insurance companies found every clause in their contracts to avoid the paying for the loss - which generated a backlash of anger.
My conclusion - shop first for trustworthy companies and second for coverage and third for price. If the company wants to refuse payment, how will you know that before the check is cashed?
There was a wildfire in our area that swept through a mountain community and burned down many houses. Insurance companies found every clause in their contracts to avoid the paying for the loss - which generated a backlash of anger.
My conclusion - shop first for trustworthy companies and second for coverage and third for price. If the company wants to refuse payment, how will you know that before the check is cashed?
JasJ
Member
Amica (top rated just behind USAA) $1109/yr $300K all coverage $500 deductible with Max Towing, Max Rental ($90/day), Max Glass ($0 ded), GAP for loan and basically all options. Pretty good for Houston as one of the top un/under insured cities (people literally jump out of the car and run for it after accidents).
Amica is fantastic when it comes to claims - not the cheapest, but worth it.
Amica is fantastic when it comes to claims - not the cheapest, but worth it.
I just bought a model S 60 and am satisfied with the GEICO rate and service. It's difficult to beak out the insurance for the tesla because our policy covers three cars, one of which is driven by my 17 year old -- a high risk item for insurance coverage. On the other hand, I'm a sixty year old with a totally clean record. Last traffic ticket was back when I was 30 years old!
My best suggestion is to shop around for quotes.
My best suggestion is to shop around for quotes.
pjoseph
Member
Former Geico customer here. Currently with Allstate. Dreading to open their bi-annual renewal e-mail. Next post..
My nearly new MS was in a minor fender bender back in December with Geico being the other party. Thankfully the damage was minor. Geico will nickel and dime you when it comes to paying out. They are pigs.
Have USAA & Amica on my radar.
My nearly new MS was in a minor fender bender back in December with Geico being the other party. Thankfully the damage was minor. Geico will nickel and dime you when it comes to paying out. They are pigs.
Have USAA & Amica on my radar.
