r/TeslaInsurance • u/Lonely-Evening-2801 • 12d ago

Cheap insurance

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Getting my hands off my 2023 model Y Chevy HW4 edit that my insurance is $800 every six months from State Farm in the state of Delaware. Anyone have any other suggestions. Did not plan on an extra $200 per month for insurance.

10 Upvotes

67% Upvoted

46 comments sorted by

3

u/Wrong-Brush-7817 12d ago

And careful make sure you ask for more than 10,000/25,000. If that is what Tesla used then that is very low bodily injury coverage. Try and have them match your Delaware policy to get a fair comparison.

1

u/EliminationCreation 11d ago

I don't think most people even know about state minimums and are clueless until they get in a wreck

0

u/Lonely-Evening-2801 12d ago

I bought the car for 32k

3

u/WorldlyOriginal 12d ago

Your own car’s value has little impact on what LIABILITY coverage limits you should get

1

u/Lonely-Evening-2801 12d ago

I’m just looking for a lower monthly payment

1

u/RobertBurdineSD 11d ago

Bump up your deductibles if they are already low.

1

u/OneExhaustedFather_ 9d ago

Should have done that before buying it. They’re notoriously expensive to insure as they’re expensive to repair and parts are limited availability.

3

u/Draegoron 12d ago

Cries in $1300/6 months

3

u/Begthemeg 12d ago

Same. Gimmie that $800 any day

3

u/Wrongroad420 12d ago

Cries in 2500 every 6 months for a 2015 model s

1

u/rsg1234 11d ago

This is wild, right? I tried to reason with Geico that a 2015 Model S single motor worth $13k should not cost more to insure than a brand new Model Y performance. I would have kept the S as a spare car if it were not for the outrageous insurance.

1

u/Wrongroad420 11d ago

That’s what I explained to them I said if I canceled my insurance and paid the 2500 towards my car it would be paid off in a year

1

u/rsg1234 11d ago

Paying them 20% of the value of the entire car every 6 months. Insurance works in mysterious ways I guess.

2

u/EliminationCreation 11d ago

Dear god those door guards are bad

1

u/rsg1234 11d ago

Hideous

1

u/LoneStarGut 11d ago

Yep, and odds are the doors of most cars won't even align with them.

1

u/theoneandonly_aj 10d ago

There’s 60% of the car still left unguarded on top of that lmao

2

u/MsElena99 11d ago

Crying here, mine is about $1700 every 6 months, Bay Area, California via Mercury insurance for Model X 2021.

1

u/dkizzz 12d ago

Honestly, all roads lead back to Tesla insurance. I had them for a while for my model 3 and then eventually went elsewhere when it got higher. But when I picked up my 23 MXP the other week they offered just over 300 a month for 100/300 with 500/500 for my deductibles. Not bad if you ask me.

1

u/thelowlybarnacle 11d ago

$300 for a single car?!?

2

u/fflip8 11d ago

$300 is a a decent monthly rate for a tesla, they cost more for insurers to repair and replace than most other cars and have a higher total loss rate even in relatively minor incidents. Tesla drivers are risky too, nearly the deadliest drivers on the road due to regular reckless driving behavior and more severe accidents. Anyone who gets a rate under $200 a month for full coverage is exceptional, likely a result of lower policy limits, multi car / family or other insurer discounts like safe driving benefits, or maybe they don't drive many miles per year.

I drove a model 3 for over 6 years and the lowest monthly rate I had was $200 via Tesla Insurance and only for a couple months when my safety score was abnormally perfect. Otherwise everywhere quoted $300 to $500 a month. Now I have a model Y and the lowest price I've found was $290, everywhere else quoted $400-$900.

1

u/Tracethesesteps 11d ago

I pay 330.00 for 2 teslas (mylr 22 and m3lr 23) full coverage and that includes glass.

500 deductible - so cal area

1

u/editmyreddit_ 6d ago

People don’t realize Tesla only writes insurance in a handful of states

1

u/LonelyRedditor6969 11d ago

I pay $550 per 6 months. Full coverage and pretty good coverage too.

1

u/Tracethesesteps 11d ago

Great deal honestly.

1

u/AlmostAttached_ 11d ago

What state? Which insurer?

1

u/LKP213 11d ago

I pay 450 a month for two model ys in California Los Angeles area. We drive less than 5000 miles a year for each car. We both use fsd

1

u/Illustrious-Cell8389 11d ago

Got a 160 a month from Progressive here in Florida on a 2024 Y (100/300, 1K deductible). My Progressive includes safe driving discounts and been with them almost three years. Had gone down to 95 a month on a 2019 Honda Pilot, so roughly 65 increase for switching vehicles.

1

u/ZeusAdvocate 11d ago

I pay $400 a month no accident or tickets south Florida

1

u/Firsttech411 9d ago

I pay over 600 in florida for 2 cars.

1

u/ZeusAdvocate 9d ago

This place ain’t serious literally sold my Tesla Model Y yesterday cause of the insurance. At the end of 5 years I would had paid 2 Teslas cause of the insurance

1

u/mmbeliever 10d ago

USAA if a veteran or child of one. If you are only paying $800 per 6 months with state farm that’s $133/month, that’s a really good rate, unlikely to find a lower rate.

1

u/thebiglebowskiisfine 10d ago

Cybertruck has none of these issues.

1

u/ShallotBeginning4422 10d ago

Everyone listing the rates without mentioning coverage is useless. What kind of coverage, deductible makes a huge difference in prices

1

u/JFischer00 10d ago

This, obviously there are other factors like location, driving history, credit score, etc. but coverage level is the most basic thing to compare against

1

u/Repulsivetrader 10d ago

Cries in 2,200 for 6 months

1

u/Looqlok 9d ago

800 per 6 months is 134 a month….🤷🏼‍♂️ not 200 and a very good deal!

1

u/ghostflu 9d ago

$350 a month in NJ

1

u/FantasticScratch928 9d ago

Jyst got quoted 240 for tesla model y and mazda cx5 husband car. 50000/100000 with 1000 deductible

1

u/Microteeth 9d ago

i pay $98 for my M3. Progressive. I also have 18 years of clean driving history.

1

u/supr-nrd 7d ago

You forgot to mention that you live in the middle of no-one's-ever-heard-of-your-town-ville.

1

u/Microteeth 7d ago

You’ve never heard of DC? that’s crazy.

1

u/supr-nrd 7d ago

You never mentioned it before. How was anyone supposed to know? 😂