Model 3 insurance and general maintenance in Japan

[nishinari]

Hi Tesla owners living in Japan.

What's the average cost of an insurance for a Tesla Model 3 Long Range in Japan?
Also, what kind of additional costs (taxes, inspections, etc.) should I expect?

Thanks,
N.

 

[hiroshiy]

Hi Tesla owners living in Japan.

What's the average cost of insurance for a Tesla Model 3 Long Range in Japan?
Also, what kind of additional costs (taxes, inspections, etc.) should I expect?

Thanks,
N.

It depends on the type of insurance you get. I can try calculating it for you -

New contract? If not, what was your class? 1 to 20, class 20 giving you a 60% discount on the premium. New contract is class 6.
Vehicle damage insurance? Many people only insure for injuries and the other party's vehicles, but not his car itself. If you want to cover your vehicle, the premium will double.
Face-to-face insurance or "Internet" insurance? The latter is cheaper but they will provide only the help desk, not an actual human helping you. If you want your agent to support your contract in case of accidents, you can choose face-to-face insurance, which will be more expensive. I personally don't use Internet insurance.

 

[nishinari]

It depends on the type of insurance you get. I can try calculating it for you -

New contract? If not, what was your class? 1 to 20, class 20 giving you a 60% discount on the premium. New contract is class 6.
Vehicle damage insurance? Many people only insure for injuries and the other party's vehicles, but not his car itself. If you want to cover your vehicle, the premium will double.
Face-to-face insurance or "Internet" insurance? The latter is cheaper but they will provide only the help desk, not an actual human helping you. If you want your agent to support your contract in case of accidents, you can choose face-to-face insurance, which will be more expensive. I personally don't use Internet insurance.

Thanks. Very useful.

 

[sagamidaiM3]

I am coming off a Lexus NX and will keep using insurance from them. As a level 14 it costs 14,000 per month with all the options ticked.

 

[nishinari]

I am coming off a Lexus NX and will keep using insurance from them. As a level 14 it costs 14,000 per month with all the options ticked.

Thanks a lot!

 

[TesQuestJapan]

I'm currently paying 12,700 per month for my LR Model 3. (I think I am over paying, I need to check which class I am in, I'll update this once I figure it out.)

 

[indianinjapan]

I'm currently paying 12,700 per month for my LR Model 3. (I think I am over paying, I need to check which class I am in, I'll update this once I figure it out.)

Just curious, Are you using SBI Car Insurance ?

 

[TesQuestJapan]

Just curious, Are you using SBI Car Insurance ?

Nope, Tokyo Marine

 

[TesQuestJapan]

I'm currently paying 12,700 per month for my LR Model 3. (I think I am over paying, I need to check which class I am in, I'll update this once I figure it out.)

Looks like I am at class 19.

 

[tsuruke]

Huumm… My annual insurance premium is only 86,000 yen for my LR Model 3, which, of course, includes coverages for collision damages. Deductible is 100k yen, and I am at class 9. Perhaps, my insurance coverage is a lot less than you guys…

 

[sagamidaiM3]

Huumm… My annual insurance premium is only 86,000 yen for my LR Model 3, which, of course, includes coverages for collision damages. Deductible is 100k yen, and I am at class 9. Perhaps, my insurance coverage is a lot less than you guys…

Can you provide some details? Underwriter and conditions.

 

[tsuruke]

sagamidaiM3-san,
My insurance company is Sony Assurance Inc. (ソニー損保の公式サイト | 自動車保険・火災保険・医療保険・海外旅行保険). Among other coverages, major components are the following:
Collision damage coverage is up to 5,200k yen.
Bodily injury liability and property damage coverages are both Unlimited.
Deductible is 100k yen.
I live in Tokyo.
This policy covers only when my spouse or myself is driving…

I hope it helps.

 

[sagamidaiM3]

I just finalized mine today, it’s now 11,000 per month. Includes a car rental as I’ve heard you need to wait a long time for repairs. ¥6m for new car replacement as well.

 

[James Charlton]

Huumm… My annual insurance premium is only 86,000 yen for my LR Model 3, which, of course, includes coverages for collision damages. Deductible is 100k yen, and I am at class 9. Perhaps, my insurance coverage is a lot less than you guys…

I paid just under 50,000 annually (updated end of 2022) with SBI (online). I have full coverage for me and passengers, deductibles up to 100,000. Reading this thread makes me wonder if mine is too low?!

 

[Aganan]

It does seem pretty low, but there are so many variables that are taken into consideration when calculating insurance that it's difficult to compare one insurance plan to another.

I drive a 1st gen Model S P90D and am currently paying just under 90,000yen a year with MS&AD (Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance)
I have full coverage for 3rd parties.
Myself and passengers in the car are only covered up to 3000万yen per person max of 2億yen total.
I have no coverage for my car at all.
I do get roadside assistance, loaner car/transportation, and solicitors fee covered if needed.
I have a blue license, no idea what insurance class I'm in.

 

[kevincgreene]

For similar coverage as many have listed above on my M3, I had Chubb for my first year for about 130,000 annually. Switched to Sony Sonpo for the last 2 years at about 100,000/year. Just got a quote from SBI for 79,000/year which I’m going to go with.