Who Is Offering The Best Insurance Rates?

[wesley888]

With discounts, they could be substantial. This are the discount I'm getting for 6 months with 2 cars:

Allstate Easy Pay Plan $10.44
Safe Driving Club® $438.18
Multiple Policy $59.77
Responsible Payer $55.65
FullPay® $55.65
Homeowner $120.32
Allstate eSmart® $54.62
Anti-theft $20.32
Passive Restraint $6.44
Antilock Brakes $8.63
Daytime Running Lights $8.63
New Car $80.41
Electronic Stability Control$6.29

Total discounts $925.35

 

[NuG]

Liberty Mutual charges me $1,211 for an annual policy with $100k/300k/100k BI limits, $1,000 comp/collision deductibles. That includes a multi car discount, homeowners discount and Alumni discount

 

[grayguy]

With discounts, they could be substantial. This are the discount I'm getting for 6 months with 2 cars:

Allstate Easy Pay Plan $10.44
Safe Driving Club® $438.18
Multiple Policy $59.77
Responsible Payer $55.65
FullPay® $55.65
Homeowner $120.32
Allstate eSmart® $54.62
Anti-theft $20.32
Passive Restraint $6.44
Antilock Brakes $8.63
Daytime Running Lights $8.63
New Car $80.41
Electronic Stability Control$6.29

Total discounts $925.35

Wow, you're getting more in discounts than you're actually paying. Maybe I'll reach out to Allstate for a quote. I've never seen them as a competitively priced insurance company in Southern California. Mercury always seems to come up way less expensive for a company with similar Consumer Reports scores (and good personal experience), so I've never been able to leave them.

 

[HumanGenome]

2012 Altima - 10,000 mi/yr (10mi/weekday for work)
2015 Model S - 8,000 mi/yr (pleasure only)

Are you on a lease? I don't see why you wouldn't drive your Tesla to work back and forth.

After one week with my new Tesla it sucks driving my 2013 Altima.

Here's my State Farm policy:

2016 TESLA MODEL S 4DR

Discounts
Multiple Line, Driver Safety Record, California Good Driver, Multicar, Loyalty
Total: $3,616.71 / 6 mos

Vehicle premium
Total: $1,585.98 / 6 mos

Liability - Bodily Injury / Property Damage
$250,000 each person / $500,000 each accident
$100,000 each accident
Uninsured Motor Vehicle - Bodily Injury
$250,000 each person / $500,000 each accident
Uninsured Motor Vehicle - Property Damage
$500 each accident
Comprehensive Deductible
$0
Collision Deductible
$500
Emergency Road Service
Yes
Car Rental and Travel Expenses
$25/Day Max $600

 

[grayguy]

I've shared this information on a similar thread, Model S - Auto Insurance, but I thought I would provide my quotes for others here as well:

I'm getting the following quotes in Orange County for my Tesla S 60 on order:

• $1,718/year: Ameriprise (Costco)
  
• $1,758/year: Mercury Insurance
• $2,021/year: Amica
• $2,611/year: State Farm
• $2,846/year: Allstate

All policies are for $100k/300k/100k, 100k/300k uninsured motorist (except Mercury is $50k/100k) $1,000 for both deductibles, $0-5,000 medical (depending on how much they charged for it), $75 roadside assistance, $30/$900 rental car. These are not tied to discounts that can be applied for combining with additional vehicles or homeowners insurance.

It would be great to put together a spreadsheet that allows us all to enter our quotes for comparison purposes. Something similar to the Model S Order & Delivery 2016 spreadsheet that allows users to add their quotes.

 

[grayguy]

I discovered that I qualify for USAA membership. USAA came in the lowest, and because they are the highest rated insurance company by Consumer Reports, I went with them. Here's the final tally on quotes (per year):

• $1,611/year: USAA (requires special qualification for membership)
  
• $1,718/year: Ameriprise (Costco)
  
• $1,758/year: Mercury Insurance
• $2,021/year: Amica
• $2,611/year: State Farm
• $2,846/year: Allstate

All policies are for $100k/300k/100k, 100k/300k uninsured motorist (except Mercury is $50k/100k) $1,000 for both deductibles, $0-5,000 medical (depending on how much they charged for it), $75 roadside assistance, $30/$900 rental car. These are not tied to discounts that can be applied for combining with additional vehicles or homeowners insurance.

 

[jehazel]

I discovered that I qualify for USAA membership. USAA came in the lowest, and because they are the highest rated insurance company by Consumer Reports, I went with them. Here's the final tally on quotes (per year):

• $1,611/year: USAA (requires special qualification for membership)
  
• $1,718/year: Ameriprise (Costco)
  
• $1,758/year: Mercury Insurance
• $2,021/year: Amica
• $2,611/year: State Farm
• $2,846/year: Allstate

All policies are for $100k/300k/100k, 100k/300k uninsured motorist (except Mercury is $50k/100k) $1,000 for both deductibles, $0-5,000 medical (depending on how much they charged for it), $75 roadside assistance, $30/$900 rental car. These are not tied to discounts that can be applied for combining with additional vehicles or homeowners insurance.

I love USAA and have several things through them. However, with a pending Model S delivery approaching, I'm needing to setup insurance for it. My quote through USAA was a little higher. Perfect driving record and credit. My quote with USAA came in at around $1,800/year.That is also with multi-policy discounts and such. My current insurance is only $1,200 per year so this is a pretty good jump. I'm planning to shop around a bit and see if there's some better options out there.

 

[BigTonyTones]

Just got my final quote from State farm. $117 a month for my model s 60. Comes out to $1,404 a year.
Great Deal IMO

 

[steven315]

Just got my final quote from State farm. $117 a month for my model s 60. Comes out to $1,404 a year.
Great Deal IMO

What are the deductibles?

 

[Deans]

Nationwide gave me the best quote for Tesla.But ended up going with PURE due to some difficulties with home coverage.

 

[BigTonyTones]

What are the deductibles?

$500 on both. I think she put me down for 4,000 miles. Might be an error on the pricing. I will update tomorrow.

 

[steven315]

P85
Esurance
$273.57
a month $1,642.06
for 6 months
Affordable coverage & benefits
Your quote includes a savings of $142.50 a month!

 

[BigTonyTones]

P85
Esurance
$273.57
a month $1,642.06
for 6 months
Affordable coverage & benefits
Your quote includes a savings of $142.50 a month!

You have a p85. I have the 60 model. My price for the car was 78k
$120 a month sounds about right since my previous mercedes CLS was the same amount.

 

[steven315]

You have a p85. I have the 60 model. My price for the car was 78k
$120 a month sounds about right since my previous mercedes CLS was the same amount.

2013 though with high miles

 

[ucmndd]

I ended up leaving State Farm for Costco/Ameriprise. $760 every 6 months for a new MS 60 *and* a 2015 Toyota Highlander.

100/300 coverage w/ $1k deductible.

They were >50% less than any other quote we got.

 

[steven315]

• 
  
  
  
• 
  
• AMERIPRISE ONLINE QUOTE
• . Apparently the Performance is making thinks more expensive.
• 
  
• Bodily Injury/Property Damage
• Uninsured Motorist
  
  
• Uninsured Motorists Property Damage
  
  
• Medical Expense
  $5,000

Physical Damage Coverages


2013 TESLA MODEL S PERFORMANCE EV

• Comprehensive
  
  
• Collision
  
  
• Towing (Covers up to $75 per occurrence)
  
  
• Rental (Per day/per occurrence)

2013 TOYOTA PRIUS

• Comprehensive
  
  
• Collision
  
  
• Towing (Covers up to $75 per occurrence)
  
  
• Rental (Per day/per occurrence)

• Reset

$1,616.74

6-Month Total Premium (when paid in full)

 

[GuyGadois]

I am surprised at what I am currently being charged by Geico. Seems good...

6 Month rate:
Vehicle total 6 month premium: $376.80

2015 TESLA MODEL S

Comprehensive
$56.40
Deductible: $500

Collision
$174.60
$500 Ded./Waiver

Emergency Road Service ?
$4.70

Bodily Injury Liability: $300,000 per person/$500,000 per occurrence
Property Damage Liability: $100,000 per occurrence
Medical Payments: $5,000 per occurrence
Uninsured Motorist & Underinsured Motorist: $300,000 per person/$500,000 per occurrence

We also have 3 other cars insured: 2006 BMW (teen car), 2017 Toyota Tacoma and a 2014 Acura MDX
The total for all four is $2,170 for 6 months.

 

[CalBlue 85D]

Ameriprise saved me about $2000 per year compared to Nationwide for three cars. The homeowners and umbrella policies were a total of about $200 more expensive with Ameriprise, so it was definitely worthwhile for us to switch.

 

[Abigail78630]

Well, after 3 months, with no reasons given, Travelers cancelled my policy ($1,700 / year, I have an unblemished record for the past 10 years). So I tried all the ones listed here: Esurance.com (they now will not insure Teslas) , Ameriprise Auto (their premiums have gone up on Teslas), Progressive (not a bad quote), but the one that got me the best quote was ... GEICO!

With GEICO the whole process was online, from quote, to signing the papers electronically, with NO step to go to the Underwriters to approve the quote. They automatically found most of the discounts I qualify for. The whole process took no more than 30 minutes. Highly recommended.

Agreed!

 

[Kenriko]

About to take delivery on our P85.

I got a quote for Ameriprise and they gave me a rate of $1300/6mo for a P85 in Texas
Then they denied us outright because we had a comprehensive claim within the last 3 years!!! (someone hit our parked car) Crazy they would deny us for a not-at-fault comprehensive claim that caused less then $1000 in damage.

(Almost all the other quotes were 3-4k for 6mo, Geico was $2200 for 6mo)

Ended up going with State Farm at $1400/6mo $500/$500.

Apparently getting insurance in Texas sucks (just moved here).

I'll likely keep shopping but at least we have coverage for the time being. (P85 costs more $$$)