I am a senior executive with one of the "big boy" insurance companies and have noticed multiple threads about who might be the best company to insure a Model S and thought I might offer some insights.
Have you ever noticed how each auto commercial says that "those that switched to us save $400 over State Farm/Allstate/Progressive"? It is because each carrier has a proprietary rating model that targets very specific attributes that benefit the specific carriers needs. Some rate using credit, some do not. Some rate based on where they need more policies to balance out where they have too many policies. Some like volatility and some do not.
The more astute carriers have what I call a "billion cell model" in that each individual is rated on 10-15 factors so no two people are going to get the same rate even if they live on the same street, have the same credit score, are the same age and have the same loss history beacuse the other 5 factors are different such as how long you were with your prior carrier (most good carriers HATE constant shoppers due to the aquisition costs). This obviously leads to confusion over who is "best" for any given circumstance.
Some things that GENERALLY work in your favor are:
Bundling as much as you can with a single carrier because that makes you "stickier" so you stay with a carrier for a long time.
Having a higher credit score is good
Having no losses is obviously good.
Reviewing the proper deductibles is good. If you can afford a MS, you can afford a 500 or 1000 deductible and that can save substantially
Finally, and I need to stress this, when you normalize everything, basically you get what you pay for in terms of product. Keep in mind that price is but one issue you also need to make sure you review the following items:
If you are afluent, having an agent help you is worth the extra incremental cost to make sure you have proper limits with liability especially
You want to review customer service standards. Chubb is world renown for great claims handling but they will never be the cheapest price
Make sure your limits and deductibles are appropriate. Many will bring you in with a cheap price but only offer you 25/50 or 50/100. If you are driving a $75-125K car you need higher limits.
Review other coverages such as rental car provisions, exclusions, etc
And, always go with a financially stable company because their promise is only as good as their financial stability. The brand names are all fine but be careful with those that only seem to advertise during late night or during Judge Judy!
I hope this is at least somewhat helpful to those of you shopping for insurance.
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