Tesla S Insurance Premiums

Tesla S Insurance Premiums

Just wanted to hear what everyone is paying for insuring their Model S in California. AAA is charging me $4053 a year!! That is crazy! I have seen some people getting insurance for $1800-2200. When I got my bill the other day I almost fell off my chair. Let me know if their are better rates out there and companies! Thanks

EVRider | 19 avril 2016

When I replaced my 2013 BMW 335i convertible with a new Model S85 on March 30, I was pleasantly surprised that my premium only increased $96 for the year (from $1,425 to $1,521). I'm in South FL and use Amica. I didn't get a breakdown of the new premium so I don't know the new prices for each line item.

chaitu9916dummy | 8 juin 2016

Geico just qouted me $3000/year for a 2015 model S , $4500 for 2012-13 model S

eztider | 9 juin 2016

In California USAA is quoting me an increase of a little over $20 per month to replace an Infiniti G37 with an S 90D.

bak_phy | 9 juin 2016

That's more than twice of what they charge me in NJ with a clean driving record and no accidents

bak_phy | 9 juin 2016

opps that last commentg was @eztider

bak_phy | 9 juin 2016

double oops.. .That was not @eztider but @chaitu9916dummy .

mrondeau | 9 juin 2016

I pay $602.24 every 6 months through USAA for my MS70.

bak_phy | 9 juin 2016

@mrondeau I try to use USAA like I do for all my other stuff but their quote is way out of line with everybody else. They act like they have never heard of the car. This is recent experience in NJ.

Uncle Fookie | 9 juin 2016

Try paying auto insurance when you are 92 years old! The premiums I pay are higher than a teenagers.

Galve2000 | 9 juin 2016

My grandpa surrendered his drivers license in his mid 80s and we all thought it was the obvious thing to do. my dad will be in his early 80s in 10 years or so. i cannot see my dad giving up his license at that time. it is funny how times change.

mm7nyy | 9 juin 2016

I really don't know what everybody is complaining about, I have my auto insurance with AAA who uses Hartford Insurance here on Long Island.

I'm getting my 90D by the end of the month and I'm retiring at the same time, my '09 Corolla with 112,000 miles is costing me exactly $56 less I will be paying for a 2016 Model S which costs $102,000!

Reddy kW | 11 juin 2016

Just bought my 2012 Model S, which replaced a Volt I had for 3 yrs. No tkts, no accidents etc, but still $1400/yr, with a multi car discount in NorCal. That's about twice what my Volt was. My used Model S cost less than twice as much as my Volt, so certainly paying a bit of a premium. Oh loyalty with SF may come to an end soon.

mailtrey | 28 Janvier 2017

Was just reviewing my (Texas) Liberty Mutual policy renewal on my 2016 S70 - Now I am scratching my head because (without any tickets, accidents or other mitigating factors that I can see) the price went from $960 last year to $1919 - a jump of almost $1K !! (OUCH - but glad I reviewed year on year).

Needless to say I have put a call into Liberty Mutual and they are 'looking into it'... But I will be shopping soon if indeed this is the prevailing rate and not a error, and Liberty will also lose several other much more substantial policies I have with them.

DFrog | 28 Janvier 2017

My son turned 16 a couple of weeks ago. The hit I'm taking from that makes any hit from a MS feel like my Mother kissing my forehead and tucking me in for the night.

matthew.mcknight | 28 Janvier 2017

$465 per 6 months. Progressive. 32 years old. Live in rural Washington state. Perfect driving record, graduate degree, and loyal with Progressive for 6 years.

SO | 28 Janvier 2017

I have to pay $2,800 per year for just the MS 90D.

Michigan. Farmers insurance. 1,000 deductible.

This is with a multi car and home discount, clean driving record (other than a person rear ending me a couple years ago which doesn't count against me on my insurance.)

We get totally screwed for insurance rates in Michigan.

amorado30 | 28 Janvier 2017

Just insured my 75d model S, 550/6 months with GEICO. GEICO seems to have the most incentives especially if you drive a CEV and have a solid driving record.

rxlawdude | 28 Janvier 2017

Liberty Mutual spends more on those advertisements with people talking about (their experiences with other company's) bad insurance, that they need to monetize the PR.
When I was investigating insuring the MS, Liberty Mutual was one I checked out, based on their ads. Problem was, they were LITERALLY thousands of dollars more than AAA and Ameriprise. (IIRC, $3000+/yr vs the $1200/yr I pay with Ameriprise.)