Model 3 Insurance

[electricspace]

Hello!

I'm getting anxious about insurance for my upcoming model 3. Would anyone shine a light on what to expect?

In my particular situation, I've got a clean licence, 31 years old, 6 years no claim discount.

Any idea of expectations around cost? Are Tesla's more expensive to insure?

 

[davidmc]

Go to Directline's website for a quote - you can now select Model 3 under Tesla (and the model you are after)

 

[navt]

Called Aviva, current insurers - they would not underwrite. M3/Direct Line premium is high approx. 54% higher in my case.

 

[electricspace]

Probably should have done this before posting here:

Quote for my Model 3 LR AWD: .......£1250 (with Direct Line)

 

[electricspace]

Called Aviva, current insurers - they would not underwrite. M3/Direct Line premium is high approx. 54% higher in my case.

Blooming heck! Thanks I'll give them a try - Direct Line is quite pricey.

 

[DJP31]

Hello!

I'm getting anxious about insurance for my upcoming model 3. Would anyone shine a light on what to expect?

In my particular situation, I've got a clean licence, 31 years old, 6 years no claim discount.

Any idea of expectations around cost? Are Tesla's more expensive to insure?

It's pretty much a complete waste of time trying to compare you against anyone else - there are just too many variables for any reply to be of use. DL and LV are probably the two Insurers who are most familiar with Tesla's - but that doesn't mean they will be any good for you. Hastings Direct and Admiral get the occasional mention.

I don't know about the M3 but the MS & MX are in the top group, no reason why the M3 would be in a more favourable group. I'd try a compare the market or gocompare and narrow down from there.

Finally you could try NOVO Home | Novo Insurance | Tesla | Sports | Electric | Incident Management they were/are principally a claims management company with a fleet of Tesla's they hire out at great expense to the at fault Insurer. Their insurance is underwritten by ERS, a Lloyds syndicate who are good - and the cover is excellent at a premium price though - and a hefty excess.

 

[Wooloomooloo]

I live in Brooklyn, NY and am with Progressive. My 6 month premium was $863, actually only $20 more than my GTI. Maybe it will go up in July, but we'll see.

 

[ewoodrick]

Hello!

I'm getting anxious about insurance for my upcoming model 3. Would anyone shine a light on what to expect?

In my particular situation, I've got a clean licence, 31 years old, 6 years no claim discount.

Any idea of expectations around cost? Are Tesla's more expensive to insure?

Call your agent up and ask!

 

[NorfolkMustard]

Check the full details of the direct line quote after you go through the quick input form

I found the valuation had defaulted to £75k instead of ~£50k which when corrected reduced the premium from £1,200 to £750

 

[navt]

LV are not listing M3 online for quote yet.

 

[Mark_T]

It may have changed, but historically the best quotes from Direct Line required a phone call as the online quote did not take intop account a discount for EAP/FSD.

That may have shifted to just FSD, but still worth a call if the online process didn't ask about that...

 

[navt]

It may have changed, but historically the best quotes from Direct Line required a phone call as the online quote did not take intop account a discount for EAP/FSD.

That may have shifted to just FSD, but still worth a call if the online process didn't ask about that...

Excellent! I'll give that a go closer to delivery. M3 FSD specced.

 

[-DB-]

It may have changed, but historically the best quotes from Direct Line required a phone call as the online quote did not take intop account a discount for EAP/FSD.

That may have shifted to just FSD, but still worth a call if the online process didn't ask about that...

I was wondering if FSD would be taken into account. Worth a call to the closer to delivery for sure, Thanks

 

[Rob R]

LV are not listing M3 online for quote yet.

Still not, as at Sunday 26 May 19.

 

[davidmc]

Churchill now allow insurance quotes for all model 3 versions (Seems cheaper than Directline by £50 a year - but that is what i'm getting quoted)

Tesco seems to only allow you select Performance model 3

 

[LEE3]

Privilege quoted me around £80 less than Direct Line.

 

[-DB-]

Churchill are £110 cheaper for me! Virtually identical form to fill out as directline

 

[navt]

Direct Line, Churchill and Privilege are part of the same Direct Line Group.

Brands

 

[TezzyMod3]

I got £710 (Direct Line), previously £220 (also on Direct Line) on Golf 2010 TSI. Guess it’s the price increase OP is looking for...

 

[Krazymuthafuka]

Allianz gave me a quote of 780. Previously 580 on vw golf match edition.