TMC is an independent, primarily volunteer organization that relies on ad revenue to cover its operating costs. Please consider whitelisting TMC on your ad blocker and becoming a Supporting Member. For more info: Support TMC
  1. TMC is currently READ ONLY.
    Click here for more info.

Progressive insurance Model Y

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

  1. rxlawdude

    rxlawdude Active Member

    Joined:
    Jul 10, 2015
    Messages:
    2,067
    Location:
    Orange County, CA
    You're glad you left California because they have a pro-consumer law (this one prohibiting credit checks before insuring)? Fascinating.

    From Experian:
    Insurance companies in California don't use credit-based scores or your credit history for underwriting or rating auto policies, or setting rates for homeowners insurance. As a result, your credit won't impact your ability to get or renew a policy, or how much you pay in premiums.​
     
    • Informative x 1
    • Like x 1
  2. monteitis

    monteitis Member

    Joined:
    Feb 15, 2021
    Messages:
    17
    Location:
    Greater Los Angeles Area
    All insurance companies are not equal, even if the declarations pages are. I've been in the repair & insurance industry for some time, and there are some carriers that honor the manufacturer's repair guidelines and others that completely disregard them. USAA and Progressive are two of the good ones, at least in my current SoCal region and my former Central NJ region... along with higher end carriers.

    My 2021 LR Y was quoted ~175/mo Progressive and ~135/mo Geico. I chose Geico because I know how to fight them, and I have to fight them on EVERY claim. I'm batting 1.000 but It is exhausting.
     
  3. GeorgeC1

    GeorgeC1 Member

    Joined:
    Jun 2, 2020
    Messages:
    132
    Location:
    NC
    Have everyone pay the same regardless of who is hi and low risk. Personal actions and accountability should mean something. If you own a rental I am sure you don’t pull credit histories etc.. before renting because you are pro consumer. I don’t want my rates raised to cover high risk clients.
     
    • Like x 1
    • Funny x 1
  4. Brandon#

    Brandon# Member

    Joined:
    Aug 2, 2020
    Messages:
    78
    Location:
    Austin, TX
    Best way to avoid the socialist insurance companies is to be self-insured.
     
    • Funny x 1
  5. TLLMRRJ

    TLLMRRJ Active Member

    Joined:
    Dec 19, 2019
    Messages:
    1,622
    Location:
    Houston
    Not a good idea with an expensive car driving around with a lot of uninsured motorists that don't know how to drive.
     
  6. Pianewman

    Pianewman Member

    Joined:
    Oct 28, 2020
    Messages:
    554
    Location:
    Fort Worth
    Progressive: Interesting story about a "no fault" claim we made with them 2.5 years ago.

    Traveling 65mph, on 30 through Little Rock, a car in front of me kicked up a solid concrete block. It slid to the right, ricocheted off the tire of the car on my right, and went airborne through my grill. (Toyota Avalon Hybrid). We quickly Googled, located a Toyota dealership within 5 miles, drove in with the Hybrid coolant leaking out. No engine damage, but needed bumper and grill, $3000.

    Here's the FIRST kicker: IF THE CONCRETE had been sliding on the road, I would have been at fault. Since it was AIRBORNE, it was no-fault. So, they paid the claim as a no-fault claim.

    SECOND kicker: 4 months later, they doubled our rate on all four cars. Changed to USAA.

    Flo never even called to explain...very disappointed...
     
    • Funny x 2
  7. rxlawdude

    rxlawdude Active Member

    Joined:
    Jul 10, 2015
    Messages:
    2,067
    Location:
    Orange County, CA
    Maybe it was a heavy flo day? (Apologies, humor intended, not sexism.)
     
    • Funny x 1
  8. rxlawdude

    rxlawdude Active Member

    Joined:
    Jul 10, 2015
    Messages:
    2,067
    Location:
    Orange County, CA
    If you can find an insurance company that only insures low-risk drivers, that would be ideal for you. But when one of those insured do get into an at-fault accident, they are no longer "low risk," right? So they get cancelled.

    The cancellation by another insurance company may discriminate and deny insuring or jack up premiums just because another company rejected you.

    Beware of unintended consequences.
     
  9. mp0417

    mp0417 Member

    Joined:
    Feb 9, 2021
    Messages:
    9
    Location:
    Bay Area
    Seems like the insurance companies are still trying to figure out pricing which hopefully will get much better as they get more data in their systems. I moved from a BMW X5 at $900/yr & to a Model Y. Geico's initial pricing for the same coverage was $1,600/yr but by playing with some of the options it came down to $1,000/yr.

    I know Tesla offers insurance in some states like CA, be sure to read the coverage details as it looked to me that the un/under-insured coverage was minimal
     
  10. Amp Dup

    Amp Dup Supporting Member

    Joined:
    Nov 10, 2016
    Messages:
    123
    Location:
    Orange County, California
    Hmm, Self Insured. Hmm. Imagine if you took all your insurance premiums for the last few years and dollar cost averaged them into TSLA stock. Just thinking...
     
  11. Pianewman

    Pianewman Member

    Joined:
    Oct 28, 2020
    Messages:
    554
    Location:
    Fort Worth
    Wife and I, 63 and 66, so combined 118 years driving. How many million miles??? LOADS of road trips, coast to coast.

    3 claims, 2 of them no-fault, totalling < $15k. 4 speeding tickets. THAT'S...IT...!!!!!
     
  12. monteitis

    monteitis Member

    Joined:
    Feb 15, 2021
    Messages:
    17
    Location:
    Greater Los Angeles Area
    Hahah Flo is getting old and needs to move on IMO!!! You'll never get a good explanation, but at least they're required to send you a rate-change notice prior to your term renewal so you can start shopping.

    That liability coding is standard across major carriers btw... If it's stationary in the road, you'd be at fault. If it's a projectile or bouncing/rolling, fault-free. Same with animals... hit a dead deer in the road, you're at fault. Deer runs in front of you, not at fault! Can't have a subjective review of every accident, need black&white rules to follow.. and contest with the law when those rules fall short of justice.

    Best strategy IMO is to annually shop between quality insurers that pay claims the right way instead of counting pennies (the insurer, that is). Most cheap carriers will send you a reconciliation letter saying they can't come to an agreement with your shop of choice, if it's a high-end shop with OE certs especially. Having worked with such shops in the SF Valley and Beverly Hills for many years myself, the average ticket is many thousands even for a minor repair. With CA being the land of lawsuits and expensive shops, you definitely want healthy BI and PD limits... Self insuring wouldn't seem like a great idea when you have to shell out $10k for a relatively minor repair, another $10k for the other vehicle(s) and/or property if at fault, plus whatever injury settlement(s) the other party(ies) are claiming, plus the lawyer you hired to negotiate with them.

    Unfortunately, this has become the norm in SoCal. A shopping cart dings a door, and the owner of the car doesn't feel safe using the childseat that was installed at the time... Insurance is required to pay. A bumper tap while in line for Starbucks = injury claims for all 5 people in the front car. You only saw 4 people? Too bad, there were 5... pay up. Very glad I don't process/settle claims any more!!

    In this area, USAA and Progressive are both generally excellent when it comes to paying fairly per the manufacturer's guidelines... But rates are constantly changing, and companies change gears all the time. State Farm and Allstate aren't what they used to be. Farmer's is a mess when it comes to Auto. Geico pinches pennies and that's their model. Underwriting is merciless at all carriers, and loyalty means nothing...
     
  13. davraker

    davraker Member

    Joined:
    Aug 26, 2020
    Messages:
    73
    Location:
    Northampton, Ma
    Just received my new 6 month quote from Progressive. My policy has increased by about $150 from the initial term. Not too huge, but still an adjustment in the wrong direction.
     
    • Informative x 2
  14. acarney

    acarney Active Member

    Joined:
    Jul 9, 2019
    Messages:
    2,313
    Location:
    Richland, WA
    Speak of the devil, just got my policy renewal. Mine went down $23!

    $605 for the pay in full amount for:
    $250k/$500k/$100k (bodily injury each person/accident & property damage)
    $250k/$500k (underinsured motorists)
    $100k/$100 deductible or $300 for hit & run (underinsured motorists property damage)
    $10k personal injury protection
    $500 / $0 glass comprehensive
    $250 collision
    $60/day 30 days max rental
    $3000 custom parts coverage (paint protection film and tint)
    Loan/lease payoff
     
  15. Brandon#

    Brandon# Member

    Joined:
    Aug 2, 2020
    Messages:
    78
    Location:
    Austin, TX
    I wish we (TX) had the same option for glass coverage that other states have.
     
    • Like x 2

Share This Page

  • 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