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Insurance?

Discussion in 'Roadster' started by sjj, Mar 10, 2009.

  1. sjj

    sjj New Member

    Joined:
    Mar 9, 2009
    Messages:
    1
    Anybody, particularly in Washington State, have any positive or negative experiences, advice, etc. regarding insurance, insurers or particular agents vis-a-vis insuring a Tesla Roadster?
     
  2. daniel

    daniel Active Member

    Joined:
    May 7, 2009
    Messages:
    1,131
    Location:
    Spokane, WA
    A search for "insurance" turned up this thread. But no replies. Are Roadster owners getting their cars insured for comp and collision? If so, what companies are providing insurance? Or are they going with only liability insurance?

    I hope very soon to be taking delivery of a conversion EV, and while I have liability insurance on it, my insurance agent was unable to provide comp and collision due to the unknown costs that could be incurred in the event of an accident. I asked about getting comp and collision insurance that would cover only the conventional parts if I were to accept responsibility on the drive train, and she told me that all insurance policies have to be approved by the state insurance commissioner, so that she cannot just write a custom policy.

    What experience are folks having regarding insurance on these cars?

    Thanks.

    Daniel
     
  3. graham

    graham Active Member

    Joined:
    Dec 2, 2007
    Messages:
    1,572
    Location:
    Aptos, California
    State Farm: Both comp and collision for my car.
     
  4. SByer

    SByer '08 #383

    Joined:
    Oct 23, 2007
    Messages:
    1,068
    Location:
    Cupertino, CA
    AAA here, comp and collision (State Farm was competitive, though). Not too much more/yr than the 911 (pleasant surprise).
     
  5. mpt

    mpt Electrics are back

    Joined:
    Oct 15, 2008
    Messages:
    1,629
    Location:
    Warren, New Jersey, United States
    “A Testerossa you say?”… “Road Star, is it an off-road vehicle?”… “No problem sir, just that we can only cover you for 3,000 miles a year!” and of course the perennial fav. “Let me get back to you…click…brrrrrrr” – Just some of the bizarre responses to the basic “I’d like to add a Tesla Roadster to my policy.”

    The good news is the State Farm said “Let me find out…” followed up by “I promised I’d call you in twenty minutes but we need to do some more research; just letting you know” followed up by “I have some good news, we can cover you fully comp and more than likely improve on your home and car insurance as a whole”.

    Credit where it’s due, Louis Castiglia of Jean DiGrande State Farm did all the leg work and presented me with a better home and car policy than my current set up, then added the roadster for reasonable money. An hour later and we’re all set.

    Louis also took the time to explain the details of auto insurance in NJ to me, a brit with little to no grasp of the whole US auto biz, so thanks.

    If you’re in the area and need cover:

    Louis Castiglia of Jean DiGrande - State Farm
    560 Mountain Avenue, Gillette, NJ 07933.
    +1-908-647-4262 State Farm Agent Jean DiGrande
     
  6. Aspirant

    Aspirant Member

    Joined:
    Jul 1, 2010
    Messages:
    45
    Insurance — happy with yours? List them here.

    It might be helpful if roadster owners listed who they use for insurance and whether they're satisfied. Especially those who have had to file claims.

    Listing the prices paid would also help us be competitive shoppers and perhaps garner a discount if we threaten to switch.

    Funny story: When I called Progressive the rep on the phone didn't know what a Tesla was and said it wasn't in their computer system. She tried working with her supervisor, had me on hold for ten minutes, but ultimately gave up. And this from the sponsors of the auto-X prize!
     
  7. Bradleybang

    Bradleybang Member

    Joined:
    Apr 14, 2008
    Messages:
    363
    Location:
    Oakland, CA
    And my roadster is insured with Progressive:rolleyes:
     
  8. Doug_G

    Doug_G Lead Moderator

    Joined:
    Apr 2, 2010
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    15,851
    Location:
    Ottawa, Canada
    Security National, Toronto. Pretty good pricing.
     
  9. dwegmull

    dwegmull 2013 Model S 85

    Joined:
    Oct 8, 2009
    Messages:
    238
    Location:
    Redwood City, California
    I'm with Geico. They paid for a very expensive repair after I stuffed my then one month old Roadster into a fence. No complaints!
     
  10. Aspirant

    Aspirant Member

    Joined:
    Jul 1, 2010
    Messages:
    45
    If you don't feel comfortable posting your rates, please consider sending them to me in a personal message. I could then compile the rates and present them anonymously, in aggregate.
     
  11. chronopublish

    chronopublish 2008 Roadster #VP27

    Joined:
    Jun 10, 2009
    Messages:
    45
    State Farm gave me a good rate and they were fantastic with my claim. I was able to file the claim online and never even had to talk to a human.
     
  12. DrComputer

    DrComputer Member

    Joined:
    Jan 29, 2009
    Messages:
    892
    Location:
    Sherman Oaks, CA
    State Farm here and have always been happy with them. It would be very hard to compare rates since there are so many factors that comprise the rate (ie. location, coverage amounts, multi-policy discounts, age and driving history of driver, etc)
     
  13. Lancelac

    Lancelac 2010 Roadster Sport #690

    Joined:
    Nov 17, 2008
    Messages:
    156
    Location:
    Chicago
    I've got State Farm as well, and find them very easy to deal with and they were by far the lowest price when I was shopping around. It was my second car with them and I also have condoowners insurance as well there. I haven't made any claims though.
     
  14. Aspirant

    Aspirant Member

    Joined:
    Jul 1, 2010
    Messages:
    45
    When you test drive a car at a dealership, whose insurance is the car covered under?

    When I test drove the Roadster no one mentioned anything about insurance coverage. But part of me wonders if they expected me (and most of their clientele) to have comprehensive/collision that extends to their car, as it would to other rentals.

    I've researched commercial insurance policies and find it pretty unbelievable that a company would insure, even a dealership, against damages to brand new cars driven by strangers off the street. Anyone in the car sales business know this for sure?
     
  15. vfx

    vfx Well-Known Member

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    Aug 18, 2006
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    14,792
    Location:
    CA CA
    There is an extensive Insurance thread (at least there was) on the Tesla owners forum. Rates and locations etc. are often listed. Plus plenty of stories of "never heard of it."

    I'm combined with home and life.
     
  16. vogelpablo

    vogelpablo New Member

    Joined:
    Jul 29, 2010
    Messages:
    1
    The Hartford; my home and umbrella insurance are through the same guys. If you’re looking at a multi policy thing, this company is among the better ones at least on the Arizona auto insurance scene.
     
  17. csummers

    csummers Member

    Joined:
    Jun 4, 2010
    Messages:
    45
    Location:
    Austin, TX
    Usaa

    Prepping for Radster purchase I got a quote from USAA (mostly available to military folks) for about $500/six month full coverage, single male, 40, TX resident. Your results may vary :smile:
     
  18. dsm363

    dsm363 Roadster + Sig Model S

    Joined:
    May 17, 2009
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    18,235
    Location:
    Las Vegas, NV
    I don't have a Roadster (yet) but have had USAA for many years. They're great so if you can get USAA, I don't think you'll go wrong.
     
  19. cinergi

    cinergi Active Member

    Joined:
    Sep 17, 2010
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    2,169
    Location:
    MA
    I started with Progressive in Massachusetts and was quoted $1600 per 6 months for both my 2007 STi and the Tesla Roadster (would be about $1300 for just the Roadster). However, my renewal just came up (about a month later) and they're now asking for $2080 pear 6 months -- 25% increase. Their excuse? They're new to MA and grossly under-estimated the cost of paying out claims for this state. I got no warning -- just a bill for an amount higher than I'd signed up for. I'll be looking around now to see what others would charge me.
    BTW I have no "points" against my driving record -- MA is just an expensive insurance area :-(
    I've only been with Progressive for 2 years and been generally happy (no claims to test that process though) until now.
     
  20. Doug_G

    Doug_G Lead Moderator

    Joined:
    Apr 2, 2010
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    Location:
    Ottawa, Canada
    For Canada, I'm with Secuity National Inc. I added it to my existing policy as the 2nd car for an extra $500 per year. Can't complain!
     

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