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Progressive insurance Model Y

Discussion in 'Model Y' started by Bednarz42, Nov 14, 2020.

  1. jeremymc7

    jeremymc7 Active Member

    Joined:
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    Insurance comes down to do you want the cheapest option. Which is likely going to mean poor customer service and a company that will not stand behind you / drop you after claim.

    Or you can go with a reputable company who is known to take care of there customers even when it’s not in the insurance company interest. This is going to cost a premium even if you don’t have a premium and likely a good bump when you do a claim.

    Do you want an insurance company that’s going to use a high quality legal team to back you or an insurance company that has joe blow or some basic contracted lawyer covering you.

    Sometimes you get what you pay for. And having a perfect record doesn’t necessarily mean anything.

    I was reviewing someone else’s accident today and without witnesses and even with some cam footage it was still ruled 100% in favor of the person that committed the accident.
     
  2. pho35

    pho35 Member

    Joined:
    Aug 20, 2020
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    Location:
    Texas
    I just checked and my 6-month premium is at $450 due up by Feb 2021. Will see in a few months.
     
  3. spokey

    spokey Member

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    Aug 8, 2020
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    477
    Location:
    Flagtown
    You're in NJ. Have you checked NJM? I'm in central NJ which is pretty expensive and mine is $810 for the year. I have their highest coverage but also pretty high deductibles.
     
  4. rxlawdude

    rxlawdude Active Member

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    Location:
    Orange County, CA
    In law school, I was struck by the many "bad faith" insurance claim cases we reviewed. My conclusion was and continues to be: avoid any company with "state" or "farm" in its name. YMMV.
     
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  5. kirvex1

    kirvex1 Member

    Joined:
    Sep 20, 2019
    Messages:
    8
    Location:
    Las Vegas, Nevada
    A pretty much maxed out Progressive insurance for our MYP just renewed (5 days ago) for another $627/6 months. Interestingly, our M3P used to cost us $935 for exactly the same coverage. So far no adjustments / notifications about future adjustments. We'll see what happens in May 2021.
     
  6. frankvb

    frankvb Supporting Member

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    Feb 29, 2020
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    715
    Location:
    San Diego, CA
    Depends on the state if that's allowed though. CA does not allow that AFAIK.
     
  7. jeffbco

    jeffbco Member

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    Jun 7, 2020
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    539
    Location:
    Austin, TX
    You're correct - die or leave to get TOTAL distribution. I get 2 checks a year (December and February) as partial distributions from my SSA. I update my estate assets at least annually so my estate won't miss any remaining balance when I pass on.
     
  8. sopel10

    sopel10 Member

    Joined:
    Oct 4, 2020
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    Location:
    Chicagoland
    Just to add as a data point, my progressive insurance costs me about a $100 extra for 6 months. Went up from $270 for 2 drivers on a 2015 highlander to $370. $1,000 deductible. Long range.
     
  9. Amp Dup

    Amp Dup Supporting Member

    Joined:
    Nov 10, 2016
    Messages:
    123
    Location:
    Orange County, California
    I don't know if anybody is still looking at this thread but my Geico 6 month renewal premium just went up 30%. It's still less than insurance from Tesla. They said that they re rated the car and their finding it's expensive to repair. The price increase was almost all in Collision.
     
  10. ocdbape

    ocdbape Member

    Joined:
    Jan 25, 2021
    Messages:
    36
    Location:
    NYC
    I did quote with geico, progressive and all state here in NYC. My current policy is with geico. Coverage is $250k/500k, property coverage $100k, uninsured coverage $100k/300k, $1k deductible collision, $500 comp deductible with full glass. 2 drivers with 2016 lexus rx and 2017 crv. Paying around $1450 for 6 months. Replaced the crv with MYP yesterday and rate only jumped $110. Both all state and progressive quoted me over $2k for 6 months. Progressive with the highest price. I am staying with geico. Background is good driving record and excellent credit.
     
  11. EVDRVN

    EVDRVN Active Member

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    May 12, 2018
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    North Bay Area
    Most of the companies above are not good. Ask a good trial layer that does auto cases who is a good insurance company. When you need insurance you will wish you spent more on a reputable company like AAA or USAA if you qualify. So many will throw you under the bus even when you are not at fault. Anyone not driving without at least 300/500 in liability and/ or an umbrella policy is not covered well IMO. It's very easy to pass that coverage in a small accident that is not your fault but can very well swing that way. When you see super low rates there is a reason and when you get cancelled watch how high your next rates will be.
     
  12. rxlawdude

    rxlawdude Active Member

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    Location:
    Orange County, CA
    When I was in law school, we studied many "bad faith" insurance cases. I came out of law school with, "Don't get insurance that has 'farm' and/or 'state' in the company's name."
     
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  13. LionelHutz

    LionelHutz Member

    Joined:
    Jan 12, 2019
    Messages:
    111
    Location:
    CA
    Not at all consistent with my experience. They been great for us for the last 15 years, including a $20k+ roof hail damage claim that was paid without hesitation and a fairly expensive underinsured motorist collision. They're unfortunately pretty expensive for the Model Y.
     
  14. dogmodes

    dogmodes Member

    Joined:
    Jun 6, 2018
    Messages:
    6
    Location:
    Michigan, USA
    Man everyone's prices are crazy low to us in MI (except the one UP guy above). I'm looking today for quotes and they're mostly in the 2400-3500 range a year. We have AAA currently but the agent hasn't responded to my quote request yet, if they're under 3000 a year I'd be surprised though. Progressive was the cheapest at $2400 if I prepay, $2800 monthly.
     
  15. jknutter

    jknutter Member

    Joined:
    Feb 12, 2021
    Messages:
    10
    Location:
    Pleasant Prairie, WI
    I've had Erie for years and when I purchased my MY LR they told me they do not insure Tesla's so I had to pull all of my policies and head somewhere else.
     
  16. EVO X

    EVO X Member

    Joined:
    Feb 28, 2021
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    11
    Location:
    NJ
    you guys with the high rates, why not let the agent know you only want to pay half and see how if possible they can find a way.

    the coverage difference you have to make sure your compare apples to apples not apples to oranges, that will make a difference in the rate, sometimes huge!
    $700 for 6 months $500/$500 progressive for my MYP :)
     
  17. EVDRVN

    EVDRVN Active Member

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    1,379
    Location:
    North Bay Area
    Very true, not to mention ones with a P or others as most are rebranded forms of the parent companies. There is a good reason Paypal has to rebrand and where Elon learned all his great customer service values. If he cared as much about CS as making the Roadster hover there would be fewer people trolling the company.
     
  18. KnitsPA

    KnitsPA Member

    Joined:
    Feb 20, 2021
    Messages:
    6
    Location:
    PA
    Geico wanted double compared to Progressive when we added the MY. So it was back to Progressive for us again. I'm sure next time we get a new car we'll be back to Geico again, since that seems to be the pattern.
     
  19. GeorgeC1

    GeorgeC1 Member

    Joined:
    Jun 2, 2020
    Messages:
    132
    Location:
    NC
    Another reason I am glad I left CA. Credit ratings are very good predictors of future claims and allow insurance companies to determine rates more accurately without having lower risk customers subsidizes high risk individuals.
     
  20. Ejl80

    Ejl80 Member

    Joined:
    Dec 23, 2017
    Messages:
    565
    Location:
    Nj
    Ever had a claim with them? Everyone I know with NJM hates them with a passion after making a claim. Their customer service seems to have died after they opened up to more people.
     

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