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MASTER THREAD: Tesla Insurance Services in California

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

  1. Az_Rael

    Az_Rael Supporting Member

    Joined:
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    5,271
    Location:
    Palmdale, CA
    Yeah, but it won't be fun trying to get those enforced in the middle of a claim gone bad. Sure, you can report them to the insurance board and they will be investigated, but that doesn't help with whatever short term fiasco is going on with your claim.

    And Tesla seems to go in with the attitude that rules and regs don't apply to them until they get slapped back down. I am going to wait and see how the claims side is going before considering it.
     
    • Like x 2
  2. Big Dog

    Big Dog Active Member

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    Location:
    Irvine, CA
    Starman just got back from the sun and will be watching out for accidents and report to Fremont as soon as they occur. No need to phone home. ;)
     
    • Like x 1
  3. djroberts

    djroberts Member

    Joined:
    Jun 18, 2019
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    Location:
    San Diego
    I just got a quote. $115 per month for the same coverage as Geico which was $205. That's a huge savings for me.
     
    • Like x 5
    • Informative x 1
    • Love x 1
  4. Pkmmte

    Pkmmte Le meow

    Joined:
    Sep 19, 2017
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    Location:
    Los Angeles, California
    What's your situation and coverage like?
     
  5. tvad

    tvad Member

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    #105 tvad, Aug 29, 2019
    Last edited: Aug 29, 2019
    New algorithm yields $110/yr savings with Tesla Insurance compared apples-to-apples with Mercury.

    I think I’ll pay the extra $10/mo to stay with Mercury for now and see how Tesla’s insurance claims and service play out.
     
    • Like x 1
  6. OCR1

    OCR1 Active Member

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    Jan 28, 2018
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    Southern California
    We spend so much time on this forum talking about how we can’t get through to a live person at Tesla on the phone. They don’t respond to emails or texts. They cancel service appointments randomly. They can’t get their purchase agreements to have the correct dollar amounts. They refuse to honor referral bonuses if you don’t click the right link when placing an order. They agree to sell you a car at a certain price and then inform you that the price was wrong and it’s now several thousand dollars more.

    And now we are supposed to want to give them our insurance business, a business that is entirely customer service based? With no information on who is going to process a claim if we have one? And no clear understanding on who is underwriting the actual policy?

    I just don’t get it. Sorry.
     
    • Like x 12
    • Informative x 1
  7. stereoshooter

    stereoshooter New Member

    Joined:
    Mar 2, 2019
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    4
    Location:
    Torrance, California
    I am with Mercury with two cars and home owners insurance. Tesla quote is $30 a month cheaper with identical coverage. The quote is $110 a month for my Tesla mid range rwd. The interesting part of the policy is the $20 coverage for auto pilot that covers any suing by others caused while an accident occurs on auto pilot or other autonomous driving.

    Todd
     
    • Informative x 1
  8. eustachio

    eustachio Member

    Joined:
    May 2, 2019
    Messages:
    181
    Location:
    California
    My quote is nearly half what Geico were quoting me, which was the cheapest quote I could find. Switching over either today or tomorrow!

    BTW, anyone know what they mean by "in-network" for rental reimbursement? (see attached pic)
     

    Attached Files:

  9. OCR1

    OCR1 Active Member

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    Location:
    Southern California
    I’m guessing they have a network of approved rental car providers but it looks like you are paying a premium to get coverage from providers outside the network. I would ask for a copy of the entire policy before you commit and cancel your current insurance. There are still many unknowns with Tesla Insurance Services.
     
  10. KareBearsMX

    KareBearsMX New Member

    Joined:
    Aug 28, 2019
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    2
    Location:
    Los Angeles
    UPDATE! The Telsa insurance site is up and they quoted me HALF of what i'm paying today so I am officially a Tesla auto insurance policy holder! :)
     
  11. tommyesq73

    tommyesq73 New Member

    Joined:
    Jan 31, 2019
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    2
    Location:
    so cal
    I got a quote that saved me about $700 a year...Only real difference is with my uninsured motorist property. I currently have 100k, but Tesla only offers 3500. My understanding of this is that if someone with no insurance and/or under insurance is found to be at fault, the uninstured motorist would cover my property damage?? if so 3500 probably not going to be enuff? Am I misunderstanding this?

    Thanks
     
    • Like x 1
  12. HelloJohnny

    HelloJohnny Member

    Joined:
    May 19, 2018
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    Location:
    Riverside, California
    Quick update: Tesla Insurance site is backup and just got a new quote for $134.00 per month. I might consider switching but will wait to see how claims are handled and how customer service is. Don't wanna be a guinea pig with a new insurance company.
     
  13. whydontwe

    whydontwe Member

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    Oct 27, 2018
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    Los Angeles
    10% savings for me except for the capped $3,500 property damage difference.
     
  14. JZtheHW

    JZtheHW Member

    Joined:
    May 6, 2018
    Messages:
    32
    Location:
    Yorba Linda, CA
    I just re-ran through Tesla Insurance on my account and it is about 14% cheaper now.
     
  15. gas not

    gas not Member

    Joined:
    Aug 29, 2019
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    9
    Location:
    Bay Area
    Tesla insurance is LEGIT!
    It was so fast and simple to get a quote. Took less than 1 minute. Our MX quote was around $250 cheaper for 6 months than from our insurance company. With all the multi discounts we get from them(2 houses, 3 cars, umbrella), they couldn’t beat Tesla. Don’t know how Tesla insurance pulled it off but we are pretty happy with it and will buy in a few days. Check it out for yourself and hopefully you’ll see some savings too!
     
    • Funny x 1
  16. TeeEmCee

    TeeEmCee Member

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    Null
    “Fix algorithm” means throw out whatever will yield low-enough rates, such that they get some cash coming in, whereas dealing with claims and such is an issue left for a later date.

    This looks both amateurish and desperate and, at least in a sense, I admire those with sufficient testicular fortitude to pay money for Tesla-backed coverage at this point.

    I hope it works out!
     
  17. ibcrypto

    ibcrypto Member

    Joined:
    Jun 8, 2019
    Messages:
    13
    Location:
    Los Angeles
    Musk:

    "We bought an Insurance Company and just need to put some new code in place".

    With all due respect, it takes more than just some code to do Insurance. Ask Warren Buffet.

    I hope Tesla gets there act together with not just this but with the Service Center Experience as well!
     
  18. Pied

    Pied Member

    Joined:
    Jul 14, 2018
    Messages:
    147
    Location:
    Bay Area, CA
    My quote is $10 more per month then Geico. But it's not quite 1:1 since I do not have any rental coverage with Geico and I can't remove it on Tesla. I'm going to wait to see how people's claims go.

    Also, I figured out why I kept getting an error. I didn't have an address on my account. Once I added an address I was able to get the quote.
     
  19. Blucenturion

    Blucenturion Member

    Joined:
    May 31, 2019
    Messages:
    214
    Location:
    Mckinleyville, CA
    Tesla insurance comes in $7 more per year than what I'm paying GEICO, apples to apples. Disappointing, but probably best I'm staying with a company that has plenty experience settling claims.
     
  20. Az_Rael

    Az_Rael Supporting Member

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    5,271
    Location:
    Palmdale, CA
    Yeah, I would be curious if the in-network coverage has a limit. I have heard the stories about long delays for body work and using up normal insurance rental policies. Mine is currently only $1500 total which I think was the max I could get, and I am sure I would blow through it easily doing a body shop Tesla repair.
     

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