Welcome to Tesla Motors Club
Discuss Tesla's Model S, Model 3, Model X, Model Y, Cybertruck, Roadster and More.
Register

New to Tesla, considering Model 3 purchase, concern about possible insurance increase

Jensengary

Member
Oct 13, 2019
6
1
St Paul
Very new to this I don't have a Tesla yet but I plan on getting one soon , probably after winter. How would you rate the model 3 dual motor extended range all wheel drive?
My insurance agent said the price would go up by $17 a month. Does that sound about right?
 

woodisgood

All your cell are belong to us
Jul 26, 2018
2,435
12,146
San Francisco
Rate it? Can’t really go wrong...

Insurance varies significantly company to company and situation to situation. Some have seen their insurance go up after an initial lower term, presumably due to the fact these cars have taken longer to repair due to parts availability. Some are hardly paying more than their previous ho-hum ICE while others have seen huge increases. $17/mo more sounds just fine!

Welcome to the community! Don’t test drive one soon or you won’t be able to wait as long as you’re planning.
 

Jensengary

Member
Oct 13, 2019
6
1
St Paul
Rate it? Can’t really go wrong...

Insurance varies significantly company to company and situation to situation. Some have seen their insurance go up after an initial lower term, presumably due to the fact these cars have taken longer to repair due to parts availability. Some are hardly paying more than their previous ho-hum ICE while others have seen huge increases. $17/mo more sounds just fine!

Welcome to the community! Don’t test drive one soon or you won’t be able to wait as long as you’re planning.
 

MrG_NY

Member
May 20, 2019
140
102
NY
Very new to this I don't have a Tesla yet but I plan on getting one soon , probably after winter. How would you rate the model 3 dual motor extended range all wheel drive?
My insurance agent said the price would go up by $17 a month. Does that sound about right?
I have had my car for 2 weeks now. The increase of 17 dollars a month isn’t bad. Remember the rate takes into consideration cost of replacement, cost of repairs if in an accident. In my case my insurance went up 18 dollars a month.. if I had replaced my !7 Genesis G80 with another G80 insurance would have been 20 something more a month.
 

ewoodrick

Well-Known Member
Apr 13, 2018
5,285
3,732
Buford, GA
Very new to this I don't have a Tesla yet but I plan on getting one soon , probably after winter. How would you rate the model 3 dual motor extended range all wheel drive?
My insurance agent said the price would go up by $17 a month. Does that sound about right?

How much is your current car worth? That's the only way that you can compare insurance costs. For many people, they've come from $20-$30k cars and jumping to $50k is a big increase and $17 is a deal.
 

lasdj

Member
Apr 16, 2018
99
24
Los Angeles
I had geico for the past 2 yrs and started at 80/m for 1.5 yr then the most recent 6 Mos quotes came back as 136/m. Dropped them to go w tsla insurance since it's 144/m for better coverage. Everywhere else was more expensive. So rather have a insurance that will allow to use SC for repairs. I heard geico u have to pay out of pocket first. Coverage is 100/300, 100k, 1k collision and 500 comprehensive. So cal area
 

afty

Member
Mar 13, 2019
123
142
Bay Area, CA
I replaced a 2008 Infiniti G35 with my Model 3. Same full coverage on both. Insurance went up about 30%. Liability was lower but collision and comprehensive were much higher, suggesting that the Model 3 is safer but more expensive to repair.
 

About Us

Formed in 2006, Tesla Motors Club (TMC) was the first independent online Tesla community. Today it remains the largest and most dynamic community of Tesla enthusiasts. Learn more.

Do you value your experience at TMC? Consider becoming a Supporting Member of Tesla Motors Club. As a thank you for your contribution, you'll get nearly no ads in the Community and Groups sections. Additional perks are available depending on the level of contribution. Please visit the Account Upgrades page for more details.


SUPPORT TMC
Top