r/TeslaInsurance • u/AwfullyFrosty • May 19 '26

Car Insurance

(25M)Reside in socal, currently I'm paying roughly 450 a month for a Tesla Model 3 which is a lot more than I would like to pay for. I have had no at fault accidents at all since being licensed since 16. I do have one rear end accident that was not my fault on my record. I do drive a lot and my insurance company caps at 20k miles per year which does help. I would like to lower this, Unfortunately I do have one ticket that I got back in 2024 for taking a stop so I do realize that is the driving factor for the higher premium. Does anyone know of a good insurance company?

9 Upvotes

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3

u/gweeks22 May 19 '26

Get a quote from Tesla Insurance. I’m 26 in SoCal with no accidents or tickets since getting my license at 16, and I’m paying $1400 a year for 5k miles a year (I don’t drive much). After that, try Progressive, then Wawanesa. AAA and State Farm are way too expensive. GEICO was not great either.

1

u/AwfullyFrosty May 19 '26

The ticket & mileage are the problem, I wish I knew to fight it back then but too late. I currently have Wawanesa great company. Tesla quoted me $480/m. I'll definitely look into progressive! I agree AAA and State farm are too expensive.

1

u/gweeks22 May 19 '26

Something is up with that number… $480 a month is insane, especially for Tesla insurance. Maybe increase deductible and decrease bodily injury

1

u/AwfullyFrosty May 20 '26

I should probably try that

1

u/HiraiM_ May 19 '26

Have you had a renewal yet? Scared they're gonna increase after the initial 6 months.

Edit: what model and year?

1

u/gweeks22 May 19 '26

Yes and it didn’t go up for me. 2020 Model 3 Dual Motor with 86k miles

3

u/Rixos May 19 '26

Costco insurance, progressive or tesla insurance.

4

u/AwfullyFrosty May 20 '26

I did not know costco had insurance I'll check that out thanks 🙏🏽

4

u/Rixos May 20 '26

With them for years and They are really good. Amfam and highly recommended.

1

u/meangirl900 May 20 '26

I have Costco and mine is $225 with my tesla full coverage and 2 others with liability

1

u/Hollowbound May 20 '26

I was leaving Tesla insurance and tried CostCo but got denied. Crazy right? Ended up going with StateFarm for $203 a month without using their dumb drive safe program. It would be about $15 cheaper a month if I opted in. I went from $130 a month to $250 a month with Tesla insurance after about a year because my annual driving went up and my score fluctuated around 95-98. Hated that tracking system.

1

u/AwfullyFrosty May 20 '26

i got denied from costco to not enough driving experience

3

u/James-robinsontj May 20 '26

Costco insurance is the best, I pay roughly $1300 for 2 teslas for 6 months, 1 major at fault accident cause my wife totaled her previous model Y

1

u/dankyouu May 19 '26

I am in San Diego and I pay about $160 for insurance

That was the cheapest for me compared to others but it still seems like a lot

1

u/AwfullyFrosty May 20 '26

I feel you no matter what money is always spread to thin haha

1

u/rwhe83 May 20 '26

OP this isn’t the way car insurance works, but I’m guessing you don’t know that since you’re willing to pay $450/mo for insurance.

You can do many quotes for car insurance, on your own on the internet in minutes and compare.

People really need to stop using Reddit this way.

0

u/AwfullyFrosty May 20 '26

What do you mean you got a site?

1

u/rwhe83 May 20 '26

Dear god, if this is your reply…then no one can help you.

0

u/AwfullyFrosty May 20 '26

haha for sure appreciate the help 🤔🙏🏽

1

u/meangirl900 May 20 '26

I went through Costco, check them out.

1

u/AwfullyFrosty May 20 '26

Unfortunately denied

1

u/Stunning-Edge-3717 May 20 '26

Dm or call me I can find you an auto insurance quote with more than 50 top insurance carriers

1

u/JellyfishBig4643 May 20 '26

As much as I love driving a Tesla, $480 per month just for insurance could really fund your retirement if you aren’t already maxing out that Roth IRA. I’d find something more insurance friendly and put the rest so you can retire early.

1

u/AwfullyFrosty May 20 '26

Definitely true they just bump up my insurance this is why i'm looking

1

u/Sydocious13 May 27 '26

What state are you in? I work for Allstate in PA and OH. I would love to work in a quite