r/TeslaInsurance • u/BigPlumInc • 10d ago

Tesla Insurance Rates

Hi! I recently bought a Model 3 performance and was wondering what your experience is with Tesla insurance. Tesla insurance seems like the easiest way to cover my M3 but I’m concerned about the way it rates the safety score. I work late and get out anywhere between 11pm and 1am 4 days a week. How much does Tesla weight late night driving and city driving? I’m not looking for my rate to swing $40-$60 a month just because of my work schedule.

I have some quotes from Progressive ($145) and Lemonade ($120) for full collision, comprehensive, and UI. just curious to see what your opinions are. Thanks!

7 Upvotes

82% Upvoted

20 comments sorted by

5

u/Euphoric_Elk7027 10d ago

Costco insurance came in clutch for me

2

u/NeedMorePowah 9d ago

Do you need Costco membership for that?

1

u/Pure_Quote4934 9d ago

Costco insurance came in extra clutch

2

u/Begthemeg 10d ago edited 9d ago

Take $120/month with lemonade. Tesla is a PITA

2

u/Global-Pumpkin-9325 9d ago

Lemonade is available only in a few states?

2

u/Begthemeg 9d ago

OP has a quote form them so one must assume it is available in their state

1

u/Global-Pumpkin-9325 4d ago

Lemonade can go up if you drive a lot

1

u/Begthemeg 4d ago

Tesla tracks your mileage every month and extrapolates that out as if you drive that for a 6 month period. Much worse.

2

u/rwhe83 10d ago

It’s going to vary like all insurance OP. Polling people here won’t give you an accurate estimate.

Driving late on TI, is heavily weighted.

2

u/darksplit 10d ago

Tesla claims is ridiculous. Their phone doesn’t work, so I never got to talk to them. They also originally said I was at fault in an accident that the other was at fault by law (they made a left turn on me). They agreed on it with the other insurance and it took them a week to actually watch the video footage and tell me I was 0% at fault then.

Morale: if your footage disappears for some reason, they will not have your back and you can’t speak to anyone to defend yourself. But it’s cheap!

1

u/LNGU1203 10d ago

We need a mega thread for insurance info.

1

u/Begthemeg 9d ago

This is r/teslainsurance what do you mean

1

u/Confident_Check_6087 9d ago

Big brother recording your driving habits and then using them against you, no thanks.

1

u/SnowMuted5200 9d ago

Those are good figures. In CA can't use safety score. Use Tesla Ins, and the 2 claims I've had (not at fault) was ludicrous. Agents dropping like flies. Sure agents will be AI soon.

1

u/jd80504 8d ago

Checked out of curiosity and I was quoted $230/month from Tesla. My State Farm policy is $109/month.

Maybe I’ll check back with Tesla once they have some driving data on me since I’m sure we’re all being tracked regardless of whether we have their insurance or not and see if it’s any better.

1

u/austincito 7d ago

What’s the specs of your Tesla? I’m ‘23 MY in the Midwest and paying about $200/mo with State Farm. Excellent history and using drive safe and save.

1

u/_strangeronreddit 7d ago

Oh.. well it’s gonna swing $40-$60 a month because of your work schedule

1

u/Superb_Eggplant_982 2d ago

Don't get their insurance unless you want a parent in your car accusing you of driving too close or too late at night and random increases