Tesla insurance

[Vram09]

Quoting with different companies and so far Tesla is giving me the best quote, however it still seems to be ridiculously expensive compared to what I’ve payed for gas cars in the past and having a clean driving record. I’ve quoted with Progressive, liberty mutual, Geico, Tesla, Allstate, etc. Tesla actually gave me the best quote for $180 per month costing me double of what I pay per year Anyone else getting crazy high quotes too?

Age: 26
Bay Area,CA
Liability-Bodily Injury:$100k/300k
Liability Property Damage: $35k
Uninsured Motorist Bodily Injury:$100k/$100k
Uninsured Motorist Property Damage: $3.5k
Medical Payments: n/a
Collision Coverage: $500 deductible
Comprehensive Coverage:$500 deductible
Rental: in network
Roadside assistance: basic

 

[The_Observer]

While you are a bit over 25, you are still at the higher risk level age group, so it's about right at that price.

 

[Gasaraki]

Quoting with different companies and so far Tesla is giving me the best quote, however it still seems to be ridiculously expensive compared to what I’ve payed for gas cars in the past and having a clean driving record. I’ve quoted with Progressive, liberty mutual, Geico, Tesla, Allstate, etc. Tesla actually gave me the best quote for $180 per month costing me double of what I pay per year Anyone else getting crazy high quotes too?

Age: 26
Bay Area,CA
Liability-Bodily Injury:$100k/300k
Liability Property Damage: $35k
Uninsured Motorist Bodily Injury:$100k/$100k
Uninsured Motorist Property Damage: $3.5k
Medical Payments: n/a
Collision Coverage: $500 deductible
Comprehensive Coverage:$500 deductible
Rental: in network
Roadside assistance: basic

Is that even expensive for Fremont California? Looks like normal pricing for a big metro area to me...

 

[lUtriaNt]

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There's no reasonable range when it comes with overall insurance rates. Someone in their early 20s is going to pay significantly more than someone in their 40-50s, that's the fact, you are going to hear a wild range of numbers. It's really going to depend on multiple factors about yourself and your location.

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[charlieaf92]

I went from a 2003 Porsche 911 C4S to a M3P and my insurance jumped substantially. I don't have the exact figure since it was mid-period but it was somewhere to the tune of 40-50% increase (for my car). I'm with Progressive (recently switched from Nationwide and my annual car insurance cost dropped by about $900 for the same coverage amounts).

Not sure if this is a function if it being a newer and more valuable car, or something related to Teslas.

 

[Pkmmte]

Quoting with different companies and so far Tesla is giving me the best quote, however it still seems to be ridiculously expensive compared to what I’ve payed for gas cars in the past and having a clean driving record. I’ve quoted with Progressive, liberty mutual, Geico, Tesla, Allstate, etc. Tesla actually gave me the best quote for $180 per month costing me double of what I pay per year Anyone else getting crazy high quotes too?

Age: 26
Bay Area,CA
Liability-Bodily Injury:$100k/300k
Liability Property Damage: $35k
Uninsured Motorist Bodily Injury:$100k/$100k
Uninsured Motorist Property Damage: $3.5k
Medical Payments: n/a
Collision Coverage: $500 deductible
Comprehensive Coverage:$500 deductible
Rental: in network
Roadside assistance: basic

$180 per month at your age sounds like a steal to me! I’m only 1 year younger than you with a clean record and pay twice as much for lesser coverage.

 

[Vram09]

Thank you all, I decided to go for Tesla insurance. After purchasing it says I declined :
auto loan/lease gap, Collision deductible Buy Back & total loss deductible waiver. Yet these were never an option to purchase. Anyone with any Tesla insurance experience also show this ?

 

[EVNation]

Thank you all, I decided to go for Tesla insurance. After purchasing it says I declined :
auto loan/lease gap, Collision deductible Buy Back & total loss deductible waiver. Yet these were never an option to purchase. Anyone with any Tesla insurance experience also show this ?

If you call them, they can actually add quite a few extras that aren’t offered online. I fiddled with my coverages and levels quite a bit.

 

[Vram09]

If you call them, they can actually add quite a few extras that aren’t offered online. I fiddled with my coverages and levels quite a bit.

thank you! If I new waiving deductibles was even an option I would’ve made my deductibles higher to lower my cost and just added the waiver to my insurance considering those waiving options usually cost much less than a lower deductible

 

[EVNation]

thank you! If I new waiving deductibles was even an option I would’ve made my deductibles higher to lower my cost and just added the waiver to my insurance considering those waiving options usually cost much less than a lower deductible

Give them a call. They answer the phone quickly, and making changes to your coverage usually takes effect the next day. The only thing I dislike is having my credit card charged monthly. I’d prefer to pay for the year.

 

[TEZLA3]

Looking at moving the M3 from CSAAA to Tesla insurance in coastal CenCal. The quote for equivalent coverage was very reasonable. The rep said that they revisit the rates every 6 months. Has anyone had experience with this and what have seen the rate do?

And what has your experience with Tesla insurance been like. We have been very happy with the service in SF and Monterey.

 

[jjrandorin]

(moderator note: There is a master thread in the california section on tesla insurance, that was provided earlier in this thread. Please direct questions on tesla insurance to that thread. MASTER THREAD: Tesla Insurance Services in California )