USAA Increases Model X Quotes
You may want to talk to USAA again. I called USAA about a year ago and I received roughly the same estimate that you received in September based on a maxed out Model S. Unfortunately, now USAA is quoting significantly more per month to insure a Model X compared to a comparably equipped Model S even though there is only about $5,000 difference in price. I am trading in two Ford Escape Hybrids on my Model X and my premium will go from around $90 per month for two vehicles to more than $170 per month for one vehicle with the same coverages and deductible. The agent told me that they frequently see this incongruity in "limited production" vehicles. Although the Model X is not a limited production or limited edition vehicle in the classic sense (i.e. Shelby Mustang, etc.) its production has been limited and parts availability and repair options are not plentiful. She also said that the actuarial analysis is incomplete and that the rates could decrease as actual crash and repair data becomes available. USAA only had two types of Model X vehicles in their system: a “high cap” Model X and one that wasn’t otherwise differentiated. She did not know what “high cap” meant but we discussed that it might refer to the battery capacity or passenger capacity. We went with the “high cap” since I do intend to get the P90D and 7 passenger seating. She also added that once I have the VIN, my quote could change based on specific options I selected.
Just got off the phone with USAA. USAA had the X in their info. The quote was very favorable. Remove a 2002 Toyota Forerunner and add the X as a secondary vehicle to the Mrs. and the end result is only a $46 increase every 6 months!
Very good news!
You may want to talk to USAA again. I called USAA about a year ago and I received roughly the same estimate that you received in September based on a maxed out Model S. Unfortunately, now USAA is quoting significantly more per month to insure a Model X compared to a comparably equipped Model S even though there is only about $5,000 difference in price. I am trading in two Ford Escape Hybrids on my Model X and my premium will go from around $90 per month for two vehicles to more than $170 per month for one vehicle with the same coverages and deductible. The agent told me that they frequently see this incongruity in "limited production" vehicles. Although the Model X is not a limited production or limited edition vehicle in the classic sense (i.e. Shelby Mustang, etc.) its production has been limited and parts availability and repair options are not plentiful. She also said that the actuarial analysis is incomplete and that the rates could decrease as actual crash and repair data becomes available. USAA only had two types of Model X vehicles in their system: a “high cap” Model X and one that wasn’t otherwise differentiated. She did not know what “high cap” meant but we discussed that it might refer to the battery capacity or passenger capacity. We went with the “high cap” since I do intend to get the P90D and 7 passenger seating. She also added that once I have the VIN, my quote could change based on specific options I selected.