Model S Insurance

[strider]

Well I never stole anything. But one summer I 'hacked' my garage remote to open my neighbors garage. But that was before rolling code so it was only 9 bits. And I did it brute force ... I was bored a lot as a child.

Yeah, the old DIP switch models don't count. Those were "hacked" all the time. People would drive up and down neighborhoods during the day when most people were at work w/ rolling code transmitters. Drive slowly and watch the doors open....

 

[cwerdna]

Rates vary significantly state to state.

And, they can vary for many other factors besides just that. It's useless to compare insurance between two different people unless you both have identical credit scores, age, marital status, zip code, EXACT same coverages and deductibles, etc. When there are multiple cars in on a plan, the one that gets designated as primary gets the higher rate. If you switch, sure the former primary goes down but the total ends up being about the same.

To quote from MY350Z.COM Forums - View Single Post - The Top 100 Common Questions

Q: How much will my insurance cost? How much are you paying for insurance, I want to compare to see if I'm paying a fair price?

Please don't ask that question. Ever. It is the most useless question that can be asked on this or any other automotive forum. Why? What you, I and anybody else pays is dependent on several factors: who your insurer is, where you live, how old you are, how many accidents/tickets you've had, what kind of discounts you get from your ins. company, how many cars and drivers in your family, etc.

As you can see, unless somebody is in exactly the same socio-economic situation as you are, they won't be paying the same for insurance. The only way to get a decent idea of what you'll pay is to call your current insurance agent or visit their website.

As I posted elsewhere:

Being in WA state helps. (I had a former roommate from UCLA when we both went there and he saved a TON of $ by switching his Los Angeles insurance to WA for the 3 months we were interning in WA.)

 

[chmod a+wrx]

Got off the phone with 21st Century this afternoon.....

...They quoted $675/6mo to insure the Model S......

 

[steve841]

$417 /6 months from Progressive and the Model S is listed ....

 

[herbvdh]

Got off the phone with 21st Century this afternoon.....

...They quoted $675/6mo to insure the Model S......

I am just lower on a 2006 RX400h Lexus in Northern NJ that is for full coverage

 

[chmod a+wrx]

$417 /6 months from Progressive and the Model S is listed ....

That is a great rate!!!!!!


What is the coverage like???

 

[steve841]

V

That is a great rate!!!!!!


What is the coverage like???

Progressive....stripped coverage 50/100/50 .... $1000 ded on all.

 

[Robert.Boston]

Remember that insurance rates are highly dependent on where you register the car, and on what coverage you request. If you have several cars and a home, you may be better served by buying an umbrella liability policy and getting weak per-car liability coverage. (In the US, liability is a huge cost driver.)

 

[joefee]

V

Progressive....stripped coverage 50/100/50 .... $1000 ded on all.

Just got off the phone with Allstate, Progressive and GEICO ….would not insure Model S Sig Performance in SO CAL did not even get to my driving data! Only AAA gave me a quote $1381 per year (safe driver, multi pol, $2000 deductible.

 

[steve841]

Just got off the phone with Allstate, Progressive and GEICO ….would not insure Model S Sig Performance in SO CAL did not even get to my driving data! Only AAA gave me a quote $1381 per year (safe driver, multi pol, $2000 deductible.

I feel for you folks in Cali.... Lovely place to visit, financially impossible to live there...

 

[contaygious]

I already pay 1,400 a year for my fx35 in SF. I don't even want to know how much this will be

 

[Majerus]

I was quoted $150 a month through american family. I was shocked it was so cheep having just turned 22 with a less then perfect driving record. The car they quoted was valued at 69,850 with the 60KWH battery.

 

[bonnie]

I feel for you folks in Cali.... Lovely place to visit, financially impossible to live there...

Here in California, my insurance rates for a Prius and Roadster come to just over $1000/year (total, not each), with $500 deductible. That doesn't seem 'financially impossible'. (Joefee, try Liberty Mutual.)

 

[Lloyd]

USAA $580 per 6 months California Model S Performance. $500 ded. 500,000, 1,000,000 coverage.

 

[steve841]

Here in California, my insurance rates for a Prius and Roadster come to just over $1000/year (total, not each), with $500 deductible. That doesn't seem 'financially impossible'. (Joefee, try Liberty Mutual.)

My reference to "financially impossible" was meant in totality as you folks get taxed to death on top of paying a premium for most things....

 

[rdunniii]

USAA $580 per 6 months California Model S Performance. $500 ded. 500,000, 1,000,000 coverage.

How long ago? When I asked about 4 months ago they gave me a swag. And I was asking about a basic car with $1K ded and they said about $500/6months.

 

[dadaleus]

Just added my S to my current policy for only an extra $245 / 6 monts through 21st Century in California. Super low amount is because it's my 2nd car for the same driver, but the Roadster was only ~$750 anyway. Top of the line coverage on every option.

 

[sublimaze1]

Insurance

(yes, I know there are a handful of other threads I could have posted this in, but the links would not open and I am impatient this morning)

Here is an excerpt of an email response I received from my insurance carrier.

Dear Mr. XXXXXXX, 

We received your email regarding your new vehicle.
 
As you requested, we processed a tentative quote to add the Tesla Model S to your current policy. The estimated six month policy premium will be $X,XXX.XX, an increase of approximately $621.41. Please keep in mind this is just an estimate.
 
To add the vehicle to your policy we will need the following information:

• Vin
• Sticker Price
• Purchase Price
• Vehicle Performance( i.e standard, high performance)
• Estimated annual miles to be driven per year
• Primary driver

We value your business and the opportunity to serve all your financial needs.

Thank you,
Cristina Cummings
USAA

USAA means United Services Automobile Association and its affiliates.

FWIW.

WJ

 

[kevincwelch]

4 figures for 6 mo? Seems high. I got a quote from USAA for about $700/6m. I know a lot of this depends upon age, location, etc. But, 4 figures for 6m seems really high.

 

[bonnie]

(yes, I know there are a handful of other threads I could have posted this in, but the links would not open and I am impatient this morning)

Mod note: Please don't purposely cause extra work for the mods. I've merged the last two posts with this existing thread.