Make sure you increase your insured value as FSD increases

[Nuclear Fusion]

It’s easy to forget (I only thought of it now), but if you have paid for FSD make sure you get your insured value increased as Tesla increases its price.
It will be roughly $10K here after July 1st
If you car is stolen or written off, you don’t want to be out of pocket

 

[1965Falcon]

I've been debating getting the upgrade at $7,000 before it goes up but I wonder what it will do to my insurance premiums. When you say 10k, what is that based on?

 

[Nuclear Fusion]

I've been debating getting the upgrade at $7,000 before it goes up but I wonder what it will do to my insurance premiums. When you say 10k, what is that based on?

It’s $8500 now, Musk tweeted it will go up by US$1,000 (~ A$1,500) worldwide from July 1st

 

[jgdc]

I've been debating getting the upgrade at $7,000 before it goes up but I wonder what it will do to my insurance premiums. When you say 10k, what is that based on?

It’s all due to different forums in different countries. It only becomes truely confusing when someone in the US is viewing a forum based in Australia (or vis a versa). If a price is mentioned in euros or pounds it sends up a flag that ‘this is not what you will pay’... once dollars are quoted then the confusion erupts. HK dollars are much worse. The Australian dollar is currently trading at 0.657 to the USD and all prices in Australia include the 10%GST which is not unlike the state sales taxes that are never mentioned but have to be paid in the US

 

[moa999]

And there's probably a risk it goes up even more in Oz given we are currently cheaper than the US.

Us$8k would be A$13.5k Inc GST

 

[Nuclear Fusion]

AAMI won’t increase the insured value prior to the annual renewal. Pathetic
Will have to get other quotes - any suggestions?
The reason I chose AAMI was they offer unlimited day car hire after an accident

 

[szeco]

I've been debating getting the upgrade at $7,000 before it goes up but I wonder what it will do to my insurance premiums. When you say 10k, what is that based on?

I'm with CommInsure and just got FSD / increased my coverage. They added a line item for "internal modification" worth $9k (I got FSD and rear heated seats). Increased monthly premium by about $11 prorata for the rest of the year until Sept.

 

[Nuclear Fusion]

Anyone know of any other companies apart from AAMI that allow unlimited car hire after an event?

 

[GrimRe]

FYI for those who are on NRMA with Market Value cover...

If you meet the following criteria:
Car registered less than two years ago
Car purchased brand new
No finance on car

They will pay out the FSD option in the new for old replacement.

I just spoke with the claims team and as long as you have evidence that the option is a manufacturer's optional extra and you have the paperwork to prove you purchased it (should be easy to get from Tesla), they will match it (this includes, wheels, paint, FSD etc)

 

[Nuclear Fusion]

FYI for those who are on NRMA with Market Value cover...

If you meet the following criteria:
Car registered less than two years ago
Car purchased brand new
No finance on car

They will pay out the FSD option in the new for old replacement.

I just spoke with the claims team and as long as you have evidence that the option is a manufacturer's optional extra and you have the paperwork to prove you purchased it (should be easy to get from Tesla), they will match it (this includes, wheels, paint, FSD etc)

I have also been advised by AAMI for their under 2 year old policy, that the all over paint protection film ($7K) & aftermarket fitted towbar ($1K) on mine are not replaced if the car is stolen or written off in the first 2 years, even if you increase the insured value for them. Check your insurance policy.

 

[lonewolf313]

Anyone know of any other companies apart from AAMI that allow unlimited car hire after an event?

NRMA Insurance have unlimited car hire up to $100 per day for a Comprehensive Plus policy (even if you are at fault)