You can’t compare absolute numbers but you can compare relative numbers. As well as quality of service etc.
Progressive has been consistently low for lots of folks.
I also think the insurance companies share a database for stats on vehicles.
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State Farm increasing premiums on Model 3
- Thread starter Trevor B
- Start date
You can’t compare absolute numbers but you can compare relative numbers. As well as quality of service etc.
Progressive has been consistently low for lots of folks.
I also think the insurance companies share a database for stats on vehicles.
30 days is almost worthless, when insurance is involved. Just had my D's Audi A3 repaired for a bumper cover repair as it was dinged in a parking lot (hit and run). Car went in day after Thanksgiving and it was returned Feb 1: ~65 days. No issue on parts availability (most delivered w/in five business days), just awaiting the insurance adjuster(s) to estimate and then negotiate/argue with body shop.
I wouldn’t even deal with insurance company on dinged bumper cover. You’ll lose more value on a CarMax report than you ever get from the insurance company. Needs to be over $5000 for me to consider calling insurance. Unless you plan to keep car forever.
patrick80132
Member
Most insurance companies has 2 year replacement option if totaled. Liberty and Safeco do. Or gap insurance. It's a good way for them to make money for the risk.
total repair cost exceeded $12k (excl. car rental paid by ins.) ....and yes, I keep cars until they drop. (replaced an '89 volvo.)
Well I took it upon myself to contact the body shop support email with Tesla and explained my situation. They promised they would cover any rentals needed to cover the gap from insurance 30 days to actually getting the parts...so I really can't complain. Good on Tesla. Just seems a little hidden to get to that option?
patrick80132
Member
I have Safeco and both M3 and Audi 2.0 are considered semi-performance. I thought for sure the M3 would be high performance.
I have state farm and have had Model 3 for over a year. Been through one renewal, and the rate actually dropped a bit. I'm currently paying $356.86 / 6 mos.
For comparison, my 2014 S85 is at 575.82 / 6 mos. This is actually a massive drop from before. We got it used for less than what I paid for the Model 3, and initially they were charging me $720 / 6mo.
For comparison, my 2014 S85 is at 575.82 / 6 mos. This is actually a massive drop from before. We got it used for less than what I paid for the Model 3, and initially they were charging me $720 / 6mo.
Big-T
Member
Geico wanted almost $1,500 every 6 months (over 1k of this was collision) for my SR+, compared to $400 every 6 months to insure my old car, I couldn't believe it! Switched over to Travelers who are charging me around $600 every 6 months for the same coverage, that seems reasonable.
Knightshade
Well-Known Member
The P3D+, P3D-, and the regular AWD are all indistinguishable by VIN, which is all most insurance companies ask for.
SleeperService
Member
Geico, $441.51 every six months. $500 deductible, 250k/500k/250k liability.
Insurance premiums are one thing, paying claims is another.
I have State Farm and got into a fender bender(clearly not drivable) Scary part was that Tesla Body Shop in Walnut clearly said they are backed up 30 days from when they can even take a look at the car estimate wise.
So let’s add another 40 days for parts and repairs.
So I can possibly reach out to Tesla Body Support for a Tesla Loaner for anything past 30 days?
Also what about insurance limits on parts versus what Tesla will charge? Insurance made it very clear that I’ll be on the hook for the difference. Not sure how I can address this.
I have State Farm and got into a fender bender(clearly not drivable) Scary part was that Tesla Body Shop in Walnut clearly said they are backed up 30 days from when they can even take a look at the car estimate wise.
So let’s add another 40 days for parts and repairs.
So I can possibly reach out to Tesla Body Support for a Tesla Loaner for anything past 30 days?
Also what about insurance limits on parts versus what Tesla will charge? Insurance made it very clear that I’ll be on the hook for the difference. Not sure how I can address this.
C141medic
Active Member
I have Allstate. Policy for Model 3 went up about $100 for 6 month period. I have 2 other cars with them and the only increase was my Model 3. I asked why this happened and was told that it was an across the board increase because apparently for the past year they were not charging enough to insure the Model 3. As another member posted it seems as if it doesn’t matter how safe the car is. And they don’t seem to take into account the safety features of autopilot, FSD, and other accident avoidance features of the car. At the end of the day, even with the increase, Allstate is still the lowest priced policy for me at this point.
It really doesn’t matter. If Tesla’s could avoid 100% of (at fault) accidents, then rates would go down. Tesla Drivers still cause accidents - I don’t know, maybe say driving through a garage door, into another car and finally into the house because you stomped on the accelerator instead of the brake? Rates are based on each companies loss experience with similar drivers. Are Teslas safer? From a human injury perspective, yes (and humans can cost huge money to “fix”) but when even a minor accident $15,000 to fix, how far does your $1,000 premium go?
Autopilot can lead to some really bad driving habits, like taking your eyes off the road, ignoring warnings and driving into a gore point or a truck because you think things are covered. FSD doesn’t exist and the emergency braking is only to lessen the impact - it may save a life (which is the single most important thing), but still wrecks the car.
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