Tesla launched its own insurance company. What customers say....

[RSpanner]

Tesla launched its own car insurance. These drivers say it's a lemon.

Elon Musk promised cheaper, better, even “revolutionary” auto insurance after Tesla started losing sales because of high premiums. But understaffing left some customers waiting weeks or months for compensation as they continued making payments on crashed cars.

www.reuters.com

 

[my safeword is]

Tesla launched its own car insurance. These drivers say it's a lemon.

Elon Musk promised cheaper, better, even “revolutionary” auto insurance after Tesla started losing sales because of high premiums. But understaffing left some customers waiting weeks or months for compensation as they continued making payments on crashed cars.

www.reuters.com

Just read that; As a Tesla Insurance customer, it makes me worry. I've never had a claim, but came here to see if anyone has stories (good or bad).

 

[ModelX]

I’ve had no claims, but have been frustrated by long phone wait times when I wanted to talk to a person and ask questions. Otherwise no issues; however I have become obsessive over my safety score and sometimes will go out to drive just to improve it. I’m switching back to my old insurance who improved their quote and is close to Tesla pricing now.

 

[RSpanner]

We have our 1 Tesla insured by Liberty Mutual @ $957 per year. Less than Progressive, our last insurer...( no, I don't work for any insurance company..)

 

[UserAnon99]

We have our 1 Tesla insured by Liberty Mutual @ $957 per year. Less than Progressive, our last insurer...( no, I don't work for any insurance company..)

That is so reasonable that if I can match that quote I would switch immediately. My premium with Tesla is all over the map and I utterly -hate- the car "judging" my driving, often poorly, when it does not understand every situation I encounter on a daily basis. I have gotten hard braking penalties so many times for just pulling up to stop lights or avoiding accidents, its incredibly annoying.

 

[my safeword is]

...its incredibly annoying.

You're not kidding. I get dinged for "aggressive cornering" when going through a traffic circle at less than the speed recommendation (not speed limit!) posted IN the circle.
[though I do have to say in Texas I can't get (decent) cheaper insurance]

 

[afadeev]

We have our 1 Tesla insured by Liberty Mutual @ $957 per year. Less than Progressive, our last insurer...( no, I don't work for any insurance company..)

Mine is $726 per year, which is a 71% premium over what I pay for ///M3 (worth more than TM3P).

Insurance is all about customer service for that rare occasion when you actually need it.
If anyone here feels comfortable betting on Tesla customer service, I have a barely used bridge over East River to sell you. Real cheap.

If you need more insight into Musk's philosophy on customer service, behold this:

 

[RSpanner]

Mine is $726 per year, which is a 71% premium over what I pay for ///M3 (worth more than TM3P).

Insurance is all about customer service for that rare occasion when you actually need it.
If anyone here feels comfortable betting on Tesla customer service, I have a barely used bridge over East River to sell you. Real cheap.

If you need more insight into Musk's philosophy on customer service, behold this:

Which Mafia...I mean insurance company uses you...I mean which company do you use...

 

[cwerdna]

Not surprising. There have been some problem reports here.
I sorta know the OP of Have Tesla insurance, just got DMV letter "Intent to Suspend" for lack of insurance.

Tesla Insurance causes registration suspension

I have Tesla Insurance on my Model 3 and received a "Notice of Intent to Suspend" my registration due to the CA DMV claiming that they could not verify that I had insurance. I called T.I. and they said they would take care of it. I also emailed the DMV with my CA ID Card as requested. Tesla...

teslamotorsclub.com

CA DMV suspending my registration due to lack of insurance?

I purchased Tesla Insurance a month ago and today I got a letter from DMV telling me my registration will be suspended unless proof of insurance is provided. I tried inputting my policy number and NCIA number on CA DMV website but it's giving me an error. Anybody experienced the same?

teslamotorsclub.com

Tesla Insurance Claim Check Bounced

Does anyone know if Tesla Insurance is in financial trouble? Long story short, I have been struggling to get a claim paid by Tesla Insurance, but finally received a check. You can read about the claim struggle and saga here: Tesla Insurance Experience Being the Not At Fault Driver Today, I...

teslamotorsclub.com

Tesla Insurance....terrible experience so far

First accident and it is impossible to speak to the claims adjuster. I've texted, emailed and been on hold for now close to 2 hours. I am thinking that the money saved on Tesla Insurance may not be worth the aggravation. Would be curious to hear about anyone else's experience dealing with a...

teslamotorsclub.com

 

[UserAnon99]

Which Mafia...I mean insurance company uses you...I mean which company do you use...

Yes inquiring minds want to know where you can insure a Tesla for $726 per year!