Just called my insurance company to get a quote for a MS insurance coverage and they averaged 200$/month or 2400$ yearly.
I just wanted to see if they are in the average or that's well overpriced compared to what you guys are paying?
I just found out that Liberty Mutual had mis-categorized my MS as a mid size vehicle last year at $920/year. This year's renewal re-categorized the car as a luxury vehicle and they charged 50% more.
$100K/$300K full coverage all around with $500 deductible.
It is still a very good rate for NJ.
~ $1300/year with State Farm in NorCal.
BTW, you have a duplicate post, you can delete one of them as the OP - hover over the Tesla logo top left.
About $950/year with State Farm in Ky.
1700 yr- Southern California
About $750/yr with Gieco, $300K coverage with $250 deductible for comprehensive and $500 deductible for collision.
$1168/year with Wawanesa in Northern California, outside the Bay Area.
1600/yr progressive s florida
6 month costs:
ODILY INJURY & PROPERTY DAMAGE LIABILITY $207.00
BI $100,000 EACH PERSON - $300,000 EACH ACCIDENT
PROPERTY DAMAGE LIABILITY - $100,000 EACH ACCIDENT $154.00
COMPREHENSIVE ACV LESS $1,000 DEDUCTIBLE $44.00
COLLISION ACV LESS $1,000 DEDUCTIBLE $158.00
UNINSURED MOTORIST NON-STACKABLE $156.00
$100,000 EACH PERSON - $300,000 EACH ACCIDENT
BASIC PERSONAL INJURY PROTECTION $68.00
$10,000 LIMIT $1,000 DEDUCTIBLE PER PERSON
WORK LOSS EXCLUDED
DEDUCTIBLE APPLIES TO NAMED INSURED/
SPOUSE/DEPENDENT RESIDENT RELATIVES
Premium by Vehicle $787.00
Florida Hurricane Catastrophe Fund $10.23
Total Policy Premium $797.23
~$1200 per year with State Farm.
$1,000,000/$1,000,000 Liability. $100 Comprehensive/$1000 Collision.
$475/year Liberty Mutual in SE Wisconsin.
$2400 per year with AAA in Southern Cal. It's high but a lot of the rate is based on over 30000 miles per year. Concerned about switching because of horror stories I have heard about other insurers and they have been reliable payers over the last 25 years.
@OP - Insurance costs vary greatly from state to state and level of coverage. The best way to gauge the quotes you received is to go through a broker, or request the information here, but specify your specific area and levels of coverage.
You guys are lucky :)
I pay around 7000$ in Toronto for my 3 cars (7 people family), 3200$/year eats TeslaMS. Buy the way it's very good price compared to others :)
$882, 500K/250K, $500 ded collision, $250 ded comp, annual policy, 3 miles to work. Kingsville, MD
$940/year with AAA..
Have a quote of 204/month from Nationwide in Brooklyn, NY. 100K/300K, 500 ded.
@amatiych - I see you have the Crooklyn special. Try calling Liberty Mutual with BJ club membership affiliation (no verification necessary) to obtain a group discount quote.
Thanks. Will try them.
I'm disappointed that I looked through the replies and didn't see Brian_H respond that the "insurance expanse" was 195.9 inches. Nevermind, Brian, I got it!
$1404 in Fairfield County, CT
Comprehensive $500 deductible, full glass
Collision $1000 deductible
Quote of $2,900/year in Philadelphia with State Farm. Better put our insurance out to bid!
$1700 per year Safeco - Phoenix, Az
I don't have a MS, but I'm waiting for a MX. I got a quote for a MS at $505/6 mo. 300k/500k, 1k ded. Minneapolis.
AZ - $1270/yr, 500k, 100 comp, 250 collision, full glass.
Nationwide - with 1 other car and my house.
My quote: So-cal, good driver, multi car/multi line
~$1650/yr on state farm
50/100 uninsured injury
250 comprehensive, 500 collision deductible
I said State Farm, but really meant Farmers.
Range from 700 to 2400$, pretty big gap.
Insurance is based on countless rating factors. Each company charges based on their own rating factors, and their own statistics. Insurance varies based on zip code, household factors, driver factors, vehicle specs, and underwriting factors within each company. As you see here, prices can vary greatly. I quoted a Tesla on my insurance, and the price was about $1200 per year, but your quote would likely be very different from mine.
Mine is 400 for 6 months in South Florida.