Tesla Model Y - Auto Insurance

[LowlyOilBurner]

NYS here, clean record, 40yrs old male, Geico is $1,920.00/year. A bargain considering Progressive was at $2,568.00/year. My 2018 XC60 which has a sticker like $4,000 more than the Y is $948.00/year. I think I need to call some other places and check.

 

[DDrawer]

Check progressive. I have Geico now, and the quote was over double what I am paying form my Golf R. Progressive was actually cheaper than my Golf for the Tesla.

 

[johnmodely]

Any word on when they'll expand beyond cali?

 

[Michigan Man]

Interesting twist. I tried to execute securing the progressive quote but my VIN is not yet in their system despite me having the car since 4/1, so they said they couldn't issue it. Anyone have this problem?

 

[DDrawer]

Try calling them, they should be able to manually enter it into their system.

 

[empiredown]

Try calling them, they should be able to manually enter it into their system.

I tried online first too, but this is what I wound up doing and we got a great rate. Good luck!

ẞ

 

[LowlyOilBurner]

Called my local insurance broker, he was able to get me both my MY and Volvo XC60 for $755.00/6 months through Travelers with slightly better coverage. Boggles my mind the difference these companies have in rates.

Also, when speaking with my agent, he said that a lot of these insurance companies are only listing the Model Y Performance AWD, not the LR AWD. He looked at my Geico policy and they have my LR AWD listed as a “Performance”, clearly not what I have. That’s got to be where the swing in prices lie.

This happened to me before on a snowmobile insurance policy. I had a 2013 Arctic Cat F1100 Turbo Sno-Pro. My insurance cards listed it as a 2013 Arctic Cat F800 Sno-Pro. Two totally different machines. The VIN numbers on the registration and insurance cards matched. Seems strange they can’t get things sorted out. Kind of important details to screw up?

 

[frankvb]

Also, when speaking with my agent, he said that a lot of these insurance companies are only listing the Model Y Performance AWD, not the LR AWD. He looked at my Geico policy and they have my LR AWD listed as a “Performance”, clearly not what I have. That’s got to be where the swing in prices lie.

I'm not sure if that even matters, from previous experience it seems more the repair cost and your personal risk for liability that determines the premium. When I insured my BMW 435 GC a few years ago it was a new model, geico did not have it in their system, and they charged the same as for a 328 in my understanding. Guess there are just too many factors involved (age, driving experience, previous claims, deductable etc.) to really figure out what the logic behind the insurance cost is. Now paying $367 for a 2018 Leaf with Geico for 6 months, fully comprehensive and high limits.

 

[Bigbear503]

posting your yearly or 6 month premiums is great but it would be better if people post what their coverage is .. and not just your comprehensive or collision deductable.