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I'm of a personal opinion that paying higher premiums for a deductible below $1000 may not always be the best idea financially. If one can afford the Tesla car prices, scraping together $1000 in case of an accident shouldn't be an issue. You can request a quote for different deductible levels and calculate the breakeven time for your policy. In the arbitrary example of $150/m policy with a $1k ded vs $100/m for a $500 ded it takes 10 months of accident free driving to break even. Every month after that is gravy
JCB_Arizona
Member
Orleans parish has one of the highest rates. Moving to Jefferson likely saves half. Ridiculous, huh. After moving to Metairie, rates dropped significantly.
travwill
Active Member
Crazy, we pay $493 for 6 months ($82 a month) on our X with 300/500 liabilities/coverage limits and $100 deductibles. Can't believe rates are so high in parts of the country. We use Progressive.
GEAUXHOOKEM
Member
I was just quoted a $2800/yearly premium for an X (90D). We are looking to purchased in the next 1-3 months. Texas has some of the highest auto insurance premiums so keep that in mind as well.
Wow... California must be really expensive for auto insurance. I have Hartford (Sr) and pay $2000 a year for my Model X, 2015 Fisker Karma and 2013 Toyota Avalon. That is full coverage with $500 deductible for collision and comprehensive. No drivers below 25 years old, good driving record. Lots of variables with Auto Insurance rates
Jrogville
Member
It may be because I have multiple lines with them (house, umbrella liability, another car), but State Farm quoted me about $850. Might be worth exploring.
Jrogville
Member
jgrgnt
Member
Costco Ameriprise quoted us $570 for 6 months for the 90D and our 2004 Lexus RX. That's for full 100/300/100 coverage, $500 deductibles for comprehensive and collision. It's actually cheaper to insure the X than it is to insure my current BMW 4 series.
(this is for SoCal)
(this is for SoCal)
Staten Island here, I insured with Nationwide for about $750/6mos last July. That's with 100/300, full glass and $1000 deductibles. The premium just went up to $785 after 6 mos. Geico wanted over $1200 for a similar policy. The other quotes, closest to Nationwide were from Progressive and Liberty Mutual. Hope this helps.anyone live in NYC area that owns a Model X that would recommend a good insurance at reasonable rate? I spoke to esurance and they don't insure model x. only model s for some reason.
One more thing, if you go with Nationwide and enroll into their SmartRide program, where they send you an OBDII device to monitor your driving, they give you 10% off most of the components that make up the premium. Since the OBDII port in the Tesla is not wired for anything but power, they are not able to snoop on your driving, but you do get to keep the discount for the life of the vehicle on the policy. Other insurers have similar offerings, like Progressive Snapshot, etc., but I'm not familiar with their terms.
Hope this helps.
ahtlys
Member
I live about 45min out of NYC . Geico has me at $870/6 month. I had some crazy quotes from other companies and got the same response from esurance you did.anyone live in NYC area that owns a Model X that would recommend a good insurance at reasonable rate? I spoke to esurance and they don't insure model x. only model s for some reason.
I called Nationwide and got a quote of 727 for 6 months with 100/300 and 1500 deductible. the thing is that they want tort to be limited instead of unlimited. I have no idea what this means. the sales person said it will limit what I could sue for if I ever would be involved in a case.
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