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Owning a Tesla is awesome, until you get into an accident...

Discussion in 'Model S' started by standardcode, Dec 11, 2014.

  1. swegman

    swegman Active Member

    Joined:
    Mar 27, 2012
    Messages:
    1,211
    My Geico policy renews in mid-March. The 6 month premium went up $240 to $675 per 6 months (e.g., about a 55% rate increase). I called Geico to find out why the rate went up (I have no accidents or tickets). I was told that their experience with the particular model has been that repair costs have been much much higher than they thought they would be, and thus Geico has reclassified the model car to reflect the higher repair costs.
     
  2. anxman

    anxman Member

    Joined:
    Dec 21, 2014
    Messages:
    363
    Location:
    san francisco, ca
    That's actually a good sign. It means that they'll repair the car properly in the event of an accident.
     
  3. neroden

    neroden Model S Owner and Frustrated Tesla Fan

    Joined:
    Apr 25, 2011
    Messages:
    14,440
    Location:
    Ithaca, NY, USA
    That's interesting. Your new GEICO rate is close to what I've been paying all along. (Rates are generally more expensive here, I guess.) Does GEICO underwrite *completely* separately in each state, or what?
     
  4. XxCyberHackerxX

    Joined:
    Nov 18, 2014
    Messages:
    132
    In Florida geico cannot increase the premium on a electric vehicle unless your in a accident
     
  5. gtimbers

    gtimbers Member

    Joined:
    Jan 9, 2013
    Messages:
    129
    Location:
    Van Nuys, Ca.
    You should have the option to make the insurance company get you another equivalent car if you don't like what they offer you. Let them find a nice used car like yours. There should be plenty similar to yours around right now due to all of the Model S cars being unloaded for the "D's".
     
  6. hill

    hill Active Member

    Joined:
    Apr 21, 2015
    Messages:
    1,169
    Location:
    Lake Forest, CA
    sorry for resurrecting a zombie thread, but has anyone found an excellent body shop that doesn't necessarily want to / need to be part of the Tesla certified repair family?
    .
     

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