Insurance quotes for Australian M3?

[strykeroz]

Hi,
Has anyone had any joy getting insurance quotes yet? My broker has come back with blanks so far.
Granted it's only week 1 of ordering, but I was hoping to put the complete maths together for the novated lease option through work.
Geoff

 

[ittah]

Please have been getting quotes from Shannon’s, I believe they have the model 3 in their system.

 

[strykeroz]

Thanks. Since they're a Suncorp brand that bodes well for the others to have it soon too. I'm holding out for the LR in RHD so the pressure is off for now.

 

[Wol747]

Any news on Tesla insurance policies (in Australia) as promised by Musk some time ago?

 

[TesBanjo]

Musk's promises (if you can call them that) apply in US only. It's very difficult as insurance is highly regulated in Australia. They would almost need to make an acquisition in Australia to be able to offer insurance here - like what they've had to do in US.

He's tweeted:
Elon Musk on Twitter

"We’re working on it. Takes time to get all regulatory approvals. Almost there for the larger US states. At least 6 to 12 months for Europe/UK."

 

[Wol747]

Thanks. Have you any suggestions for comp insurance here?

 

[Techno-phile]

Thanks. Have you any suggestions for comp insurance here?

Which State are you in? - RACWA are very competitive and give 25% discount on new policies for EVs.

 

[strykeroz]

After a tip on here Shannons were able to quote I got an online quote from parent Suncorp and it correctly had the two variants to select (though it also asked if it had aftermarket modifications including nitrous which makes me smile). If Suncorp can do it their sub-brands AAMI etc all likely can now. More boutique insurers that we access via our broker still can't quote as at last week.

 

[Wol747]

Coincidentally to reading your replies I had a reply from Tesla Sydney to whom I had addressed the same (and other) question(s):

>>1. We had Tesla insurance for over a year in Australia, but the underwriter QBE stopped insuring luxury cars, so we are on the search for a new underwriter and will relaunch InsureMyTesla.<<

If anything turns up I will post further.

 

[zjrobinson]

Got the following from Shannon's. 2 drivers, both in 30s, no prior claims or demerits. Parked in urban carport.

Tesla Model 3

• Comprehensive
• Annual fee: $2364
• Excess: $750

Tesla Model 3 Performance

• Comprehensive
• Annual fee: $2597
• Excess: $900

Trying to compare with some other quotes, but can't find another insurer with the Model 3 underwritten yet (at least in Tasmania). Anyone else know another national insurer who is providing quotes for Model 3?

 

[Matt_NZ]

For the New Zealanders reading, I got a quote from AMI for the performance. Annual premium was $1385 and the excess was $900. They wouldn't do no excess, no claim window cover due to the glass roof, though. I didn't think that was all that bad for a 33 year old with one car park ding claim in the last 3 years. It was only $85 more than I paid for the premium on my 2007 Nissan Skyline.

 

[houdini]

Suncorp quote:
Comprehensive Car Insurance

• 2 year new car replacement

$1026.95
*Inc. GST and gov't charges

Comprehensive Car Insurance

• 2 year new car replacement
• Windscreen

$1041.15
*Inc. GST and gov't charges

Comprehensive Advantages

• Lifetime new for old car replacement
• Windscreen
• Hire Car (unlimited days)

$1179.16
*Inc. GST and gov't charges

 

[OzVic]

Suncorp quote:
Comprehensive Car Insurance ...<snip>

SR+ or P3D

 

[houdini]

SR+ or P3D

SR+, both drivers over 35, one male and one female. Vic.

 

[OzVic]

SR+, both drivers over 35, one male and one female. Vic.

Cheers! Just tried the Performance but they won't online quote it.

 

[jimmyleet]

Commonwealth have the SR+ and P Model 3.

 

[T3SLA3]

In NZ, Tesla provide InsureMyTesla through Vero [email protected]..
Cover for $105000, no accidents in 12 months, costs $1322 NZD.

 

[djayz]

Suncorp quote:
Comprehensive Car Insurance

• 2 year new car replacement

$1026.95
*Inc. GST and gov't charges

Comprehensive Car Insurance

• 2 year new car replacement
• Windscreen

$1041.15
*Inc. GST and gov't charges

Comprehensive Advantages

• Lifetime new for old car replacement
• Windscreen
• Hire Car (unlimited days)

$1179.16
*Inc. GST and gov't charges

This is insanely cheap. I don’t understand why here in Melbourne with zero accidents a 41yo in a safe suburb with garage and the quote comes to $1900 with a $850 excess or higher.

 

[m4rtin]

What do people usually go for -> "insured value" (I assume purchase cost) or "market value (at time of claim)"?

One costs less, but the other gets you a new replacement.

 

[m4rtin]

Cheers! Just tried the Performance but they won't online quote it.

Just noticed that too. I wonder why that is.