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Thread: Insurance Rates and GPS Tracking

  1. #1
    Sig #1278 STxTesla's Avatar
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    Icon5 Insurance Rates and GPS Tracking

    I have heard some suggest that the insurance rates for the Model S are going to be higher than most other luxury vehicles.
    It seems that a GPS tracking capability in the Model S would decrease the likelihood of theft and thus reduce insurance
    rates.

    I don't know if the Model S will have GPS tracking capabilities on day one, but it seems that it wouldn't take much
    to put a system in place.

    Thoughts?

  2. #2
    EU Model S P-37 VolkerP's Avatar
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    How do you think the nav knows your position on the map?

  3. #3
    Sig #1278 STxTesla's Avatar
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    Well I suppose that my presentation to the question was not appropriate.
    I should have just asked...

    If a Model S owner can track his/her car, (thereby enhancing recoverability if stolen), wouldn't insurance rates be lowered due to this sort of theft protection?

  4. #4
    Pistons are unnecessary. Todd Burch's Avatar
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    Quote Originally Posted by STxTesla View Post
    Well I suppose that my presentation to the question was not appropriate.
    I should have just asked...

    If a Model S owner can track his/her car, (thereby enhancing recoverability if stolen), wouldn't insurance rates be lowered due to this sort of theft protection?
    When I got my quote, I was asked if the car can be tracked if stolen. I said yes due to the iPhone/web tracking apps...helped reduce rates just a little bit.
    P1577, VIN 1653, 85 kWh, Dolphin Gray, 19" wheels, Black leather, Piano black interior, Pano roof, Tech package, Sound studio, air suspension.
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