I contacted my insurance, Amica last week. They had to research the car with underwriting. They called back today and told me that full coverage ($500K liability, full collison with 250 deductible) in the Washington D.C. area will be $1050/year. Liability is $395/year; $655/year is for the collison. They asked me the cost of the car and I told them it will cost about $110K.
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It would also be good to ask them when you can "lock" that quote. My assumption is that they cannot lock the quote until crash testing results are made public and the EPA sticker is available (this is the way they get info on how much power the car puts down)
They did not ask how many miles I would drive it per year. Probably based the mileage on the other cars I insure. I told them I expect to get the car in August, and they said they would keep the quote in my file for when I get the car. I have been with Amica since 1985, and they have always treated me fairly.
BTW, that quote was before the 20% dividend they pay each year (Amica is a mutual company). So the true cost is just over $800/year.
BTW, that quote was before the 20% dividend they pay each year (Amica is a mutual company). So the true cost is just over $800/year.
gg_got_a_tesla
Model S: VIN 65513, Model 3: VIN 1913
Liberty Mutual insures my Roadster - the only issue is that my agent wanted a ride. He gave me a 2nd car discount and my rates went up approx $15/month. He just checked the database you're referencing, gg, and said 'no problem'.
Was just working with said Liberty Mutual agent on my homeowners policy and asked him to give me a theoretical quote for the Model S. Although he couldn't (obviously) see it in the system yet, he gave me a quote based on the purchase price out the door of roughly $81,000 (60 kWh pack + a few options + CA sales tax and registration) - the price is their main criteria anyways apparently; here it is:
2 cars (the other being an '08 Mini Clubman S), 2 drivers (my wife and I, with clean records)
multi-policy discount
liability: $500K per person, $500K per occurrence
uninsured motorist: $500K/$500K as well
property damage: $500K
comprehensive deductible: $250
collision deductible: $1,000
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total 12-month premium: $2,243
Not too shabby, I think.
William13
Active Member
State Farm has Tesla Model S in their system. In fact the agent listed off the choices in order with correspondingly higher prices. My Malibu runs$550 every six months. She listed off production, performance, signature or signature performance. My sig performance will cost $710 per six months. This was not an estimate.
Back in December, I was told by my insurance agent that I could not get a quote yet. I should try again.
EDIT: I was actually told that they cannot get true quotes until I have a VIN. But at the time they weren't even willing to give estimates.
BYT_P1837
Member
gg_got_a_tesla
Model S: VIN 65513, Model 3: VIN 1913
Give them a VIN from one of the Beta's...
I actually did that; gave these 4:
5YJSB1A25C1B00044
5YJSB1A23C1B00043
5YJSB1A28C1B00023
5YJSB1A24C2B00014
They didn't particularly help. Looks like State Farm is way ahead of the other insurance carriers as per William13.
BYT_P1837
Member
Is that if you only had the Model S insured, or is that actually in addition to the Malibu?
William13
Active Member
This was replacement cost. Not in addition to. I was trying to compare the cost of a faster more expensive and newer car.
Got my quote from Liberty Mutual (Abe Park 25-935-8460 ext 58197)
HALF the price than AAA and AllState.
Very pleased with Mr. Park. I recommend contacting him.
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[fixed the phone number.]
HALF the price than AAA and AllState.
Very pleased with Mr. Park. I recommend contacting him.
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[fixed the phone number.]
Remember, which insurance carrier is cheapest depends almost entirely on *what state you are in*. The carrier which is cheapest in one state may be the most expensive in another. So most of these references are only meaningful if you sort by state. Actually, mods might consider breaking this into 50 threads. :wink:
gg_got_a_tesla
Model S: VIN 65513, Model 3: VIN 1913
My policy came up for renewal and Abe just dropped the premium to $1,691 for 12 months for two drivers (my wife and I) and two cars (the Model S and a Mini Clubman S).
Abe rocks! (Never imagined I'd say that about an insurance agent)
fluxemag
Member
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