TMC is an independent, primarily volunteer organization that relies on ad revenue to cover its operating costs. Please consider whitelisting TMC on your ad blocker and becoming a Supporting Member. For more info: Support TMC

MASTER THREAD: Tesla Insurance Services in California

Discussion in 'California' started by BobAbooey, Aug 28, 2019.

  1. Bskubs

    Bskubs Member

    Joined:
    Dec 2, 2019
    Messages:
    20
    Location:
    Los angeles
    i just quoted AAA insurance... $633/month! Wut!
     
    • Like x 1
  2. tivoboy

    tivoboy Active Member

    Joined:
    Jun 12, 2018
    Messages:
    1,386
    Location:
    palo alto, ca
    premium increases usually don't kick in for a yaer'ish after an accident.
     
  3. Big Dog

    Big Dog Active Member

    Joined:
    Mar 7, 2016
    Messages:
    1,162
    Location:
    Irvine, CA
    glad its worked out so far. If the accident was the 'other guy's' fault, you will likely see no increase in your auto premiums as CA is an at-fault state. He who cause the crash, pays. :confused:
     
  4. house9

    house9 Supporting Member

    Joined:
    Nov 16, 2019
    Messages:
    75
    Location:
    California
    Still don't have my VIN, so can't request a Telsa insurance quote yet.

    Does it still require a phone call after signing up online to add your spouse?
    I guess if it increases the price too much you are able to cancel at that point?
     
  5. aaron0k

    aaron0k Two failed MCU's on a S40 & S70D; both at 84k.

    Joined:
    Apr 1, 2013
    Messages:
    573
    Location:
    -
    I've been with Geico for 20+ years (and compare rates every 2-3 years). I finally got around to looking at Tesla's Insurance.

    I ended up switching to Tesla; which will save me ~$900/6mo ($1800/yr) over a comparable Geico policy (coverage/2 cars/2 people). This is despite having to maintain a policy with Geico to cover a third (non-Tesla) vehicle.

    I'm very happy that Tesla is offering this coverage. While I never had any complaints with Geico, I felt the 3rd party body shops were inflating costs on Tesla repairs. Hopefully having it all 'in-network' will be a great benefit beyond the savings.

    The process was very quick but a bit awkward; e.g. having to purchase a policy before they can even quote you on adding a second vehicle/person; however the "human representatives" in the insurance dept are very accommodating and pickup immediately.

    Hope they extend this to the other states soon.
     
    • Like x 2
    • Informative x 1
  6. RubberToe

    RubberToe Supporting the greater good

    Joined:
    Jun 28, 2012
    Messages:
    2,722
    Location:
    El Lay
    Anybody know if the insurance rates charged to individual drivers will change over time based on the age and declining value of the car that is insured? I'm paying $185 per month for my March 2018 Model 3, curious if this will go down over time for any reason (e.g. car age, AP usage).

    RT
     
  7. domorobigato

    domorobigato Member

    Joined:
    Jul 2, 2018
    Messages:
    71
    Location:
    San Francisco
    You don't need to use AAA insurance to have a AAA membership. Starting at $56/year, you have tows (3-5 per year at varying distances depending on membership level), hotel discounts, and most notably DMV services. Many car-related DMV services are available at AAA branches, such as registration. However, drivers' license related items, including REAL IDs, are NOT available at AAA branches.
     
  8. tivoboy

    tivoboy Active Member

    Joined:
    Jun 12, 2018
    Messages:
    1,386
    Location:
    palo alto, ca
    As age increases and years of driving experience rises, rates do go down. Also, life events like marriage, education, job history also have a downward impact on rates pricing. Collision value and insurance rates do go down as the reapair/replace value of a car falls - unless one has OEM replacement value setup. So, yes, but at the same time insurance rates rise with inflation and claims by STATE so YMMV.
     
    • Informative x 1
  9. jaygeewin

    jaygeewin Member

    Joined:
    Nov 26, 2019
    Messages:
    20
    Location:
    Los Angeles
    AAA and Progressive quoted me from $400-$800/month for full coverage and 1K deductibles. Tesla Insurance rate was $100/month for same coverage.

    In Elon We Trust.
     
    • Like x 1
  10. house9

    house9 Supporting Member

    Joined:
    Nov 16, 2019
    Messages:
    75
    Location:
    California
    Just signed up for Telsa insurance (picking up car on Saturday)

    $98 a month

    Called to add my wife, jumped up to $165 ?
    Does this seem normal, both in our mid 40s, no accidents, over a decade since either of us had a speeding ticket. I figured it would be a little bit more to have a 2nd driver but $65 extra seems excessive.
     
  11. PA_DPT122

    PA_DPT122 Member

    Joined:
    Dec 12, 2019
    Messages:
    9
    Location:
    Northridge, Ca
    Got my VIN last night but when I try and get an online Tesla Insurance quote it says unable to provide quote for this driver. Called the telephone # and the representative said they have been having issues insuring new 2020 models and recommends I “get a quote from one of the competitors” in the meantime. Anybody else having this issue?
     
  12. OGHeng

    OGHeng Member

    Joined:
    Nov 17, 2019
    Messages:
    27
    Location:
    Diamond Bar, CA
    I was able to get a quote from Tesla Insurance. After getting an initial quote, I made some adjustments to the coverage level to try to get the same level of coverage as what I currently have with 21st Century. I decided to stick with 21st Century as we have another vehicle and I think the 21st Century quote was lower. Note I could exactly match all the different insurance components.
     
  13. Mr. Big

    Mr. Big Member

    Joined:
    Oct 23, 2019
    Messages:
    82
    Location:
    SoCal
    I just purchased the Tesla insurance policy. The 6-month premium came in at about half of what Progressive and Mercury quoted me.
     
  14. bun2it

    bun2it Member

    Joined:
    Dec 11, 2019
    Messages:
    16
    Location:
    California
    A big surprise when I got the quote from Costco. The highest policy premium is only $4xx/6 months. Tesla quoted me twice that number. How could they beat Costco insurance this day?
     
  15. Need

    Need Active Member

    Joined:
    Nov 22, 2017
    Messages:
    2,522
    Location:
    SoCal
    As far as I know, AAA insurance for Tesla has the highest rate in SoCal among all the insurers. I once got hit by someone with AAA insurance and their service is amazing. I would totally switch to AAA insurance if their rate is not 2 to 3 times higher than everyone else.
     
  16. Techlead13

    Techlead13 Member

    Joined:
    Nov 16, 2019
    Messages:
    96
    Location:
    San Francisco
    Hi,

    I now have a VIN for my Model 3 order and am looking at Tesla's insurance.

    The liability coverage is fairly standard. But...
    • The quote given doesn't include any Collision coverage (my vehicle wouldn't be covered if I'm at fault in an accident).
    • The Uninsured Motorist Property damage is only $3,500 (if someone does a hit and run on my car, I would only be covered for $3.5k).
    This seems very low and tbh bad coverage. Am I missing something? Is it included but just not shown (there is a collision deductible).

    Thanks a lot!
     
  17. Ryanide

    Ryanide Member

    Joined:
    Dec 7, 2019
    Messages:
    25
    Location:
    Los Angeles
    I’m not sure what your quote looks like, but you can customize the quote and choose your coverage. Mine through Tesla was 20% less than any other company, but still very expensive! Uninsured Motorist Property damage at $3500 is standard, but that is not damage to your car, it’s for other people’s property.
     
  18. Techlead13

    Techlead13 Member

    Joined:
    Nov 16, 2019
    Messages:
    96
    Location:
    San Francisco
    Thanks for the reply! I can customize the amount of coverage for liability but there's never mention of any collision coverage (the Tesla itself). Maybe it's included, I'm not sure.

    The premium is $124, I'm a 26yo male in the Bay with perfect driving history.
     
  19. SaloonGoon

    SaloonGoon Member

    Joined:
    Nov 12, 2019
    Messages:
    71
    Location:
    Bay Area
    I have an at fault accident, from last year, and a ticket that’s about to come off my record. My Tesla premium is $119 a month for bodily injury @100/300 and property damage @100. I’m a 44 YO married male.

    TI was substantially less than any other company!!!
     
    • Love x 1
  20. OCR1

    OCR1 Active Member

    Joined:
    Jan 28, 2018
    Messages:
    2,880
    Location:
    Southern California
    When I enter my personal data to get a quote, I see “Collision Deductible $1,000” under the “Deductible” section.
     
    • Love x 1

Share This Page

  • About Us

    Formed in 2006, Tesla Motors Club (TMC) was the first independent online Tesla community. Today it remains the largest and most dynamic community of Tesla enthusiasts. Learn more.
  • Do you value your experience at TMC? Consider becoming a Supporting Member of Tesla Motors Club. As a thank you for your contribution, you'll get nearly no ads in the Community and Groups sections. Additional perks are available depending on the level of contribution. Please visit the Account Upgrades page for more details.


    SUPPORT TMC