To those getting quotes like this, especially when they don't have the car in their system, run, don't walk, to get other quotes.
Could be lack of discounts, or just the zip code you live in, but this seems really high.
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To those getting quotes like this, especially when they don't have the car in their system, run, don't walk, to get other quotes.
Could be lack of discounts, or just the zip code you live in, but this seems really high.
chrissam42
Member
Just liability. Bodily Injury 25/50K, Property Damage 15K, Uninsured Motorist 25/50K. 12,000 miles per year.
I can easily imagine how damage coverage would be very expensive for this car!
I can easily imagine how damage coverage would be very expensive for this car!
That's funny. I've been with State Farm for many years, and my home and cars are with them. Adding my Model S to the policy was going to cost me approximately $1,300 more per year -- no points on my license, perfect record. When I priced my portfolio with Progressive, all told it was going to be flat to add my Model S compared with what I currently pay. I suppose I'll have to check with my agent again to see if their pricing systems changed.
gg_got_a_tesla
Model S: VIN 65513, Model 3: VIN 1913
It's not an absolute when it comes to any given insurance carrier.
The takeaway is to switch from one to the other; staying with one for too long is a poor idea.
The takeaway is to switch from one to the other; staying with one for too long is a poor idea.
SCW-Greg
Active Member
No, I got something like that too from Allstate. And that was back in July. Figured by now they'd have the car in the system. Love my Allstate rep, been a family friend (almost) for nearly 20 years, but it sounds like I'll be switching.
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This is true. I was with Allstate for 15 years or so, switched to Geico, saved a ton of money. Two years later, got a quote from my old Allstate rep, and switched back, and saved even more money. I'll be doing this every 5 years or so.
Mine is actually only $132.60/6 months for just liability. Bodily Injury 300/300K, Property Damage 100K, Uninsured Motorist 300/300K. 8,500 miles per year. Also Geico. One of the few advantages of being boring and middle aged. :smile:
Comp and collision is another $381/6 months with $1000 deductibles.
I live in LA, shopped around and no one could beat my current carrier, Encompass for $1,350 / 1 year with 250/500 with $500 deductible incl uninsured & 100 prop damage. Progressive, AAA, All State were all considerably higher. Odd thing was original quote was $1,629 but when the policy was bound, the actual cost was $1,350.
As you read this thread, remember that insurance rates are highly dependent on your city and state of residence, as well as specified insurance coverage and your driving record. All these variables make it impossible to say "I should keep shopping until I can match so-and-so's rate quote." The real "take-away" is which insurance carriers are giving better relative rates, which presumably won't differ much across regions.
DrComputer
TeslaClubLA President
I use State Farm and they have everything in their system.... everything including battery pack size, Signature vs general production, and Performance vs standard. My quoted price was about $150 more a year than the Lexus LS600hL I replaced. I'm sure having a Signature Performance bumped up the price.
kevincwelch
Active Member
Just placed another call to Farmers. They still do not have the Model S in their system. I asked if I needed a VIN, and the rep said she is aware of the vehicle and it just isn't in there system. However, 21st Century is partnered with them, and they will provide me with the following coverage:
$250,000/$500,000 bodily injury, $250,000/$500,000 uninsured driver injury, $500 deductible, $100,000 property
Cost = $741/6m
Suburban Chicago. Two cars. Two kids. No record.
$250,000/$500,000 bodily injury, $250,000/$500,000 uninsured driver injury, $500 deductible, $100,000 property
Cost = $741/6m
Suburban Chicago. Two cars. Two kids. No record.
contaygious
Active Member
I have farmers who told me it is in their system and I have about 900 every 6 months, but I have an umbrella policy protecting me from law suits so I pay a bit more.
kevincwelch
Active Member
Ugh...
We have an umbrella policy as well with Farmers. Strange that you were able to get a quote specifically on it.
That's messed up. USAA if you can get it doesn't even classify the Model S Performance as a performance car since the Model S Performance falls under the HP/weight (might be other way around) ratio they have to determine if something is performance car. I'm sure there are probably cheaper rates than USAA as well.
kevincwelch
Active Member
gg_got_a_tesla
Model S: VIN 65513, Model 3: VIN 1913
Ok, so now I'm curious...
Since there will be no such thing as a true replacement for a limited run (Signature), what do insurance companies do? What do they do when someone plows into your Roadster? Give you money to buy a Leaf?
