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Whats is your yearly insurance expanse?

Whats is your yearly insurance expanse?

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?

Mathew98 | 7 juli 2014

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.

NKYTA | 7 juli 2014

~ $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.

jackhub | 7 juli 2014

About $950/year with State Farm in Ky.

Sierra guy | 7 juli 2014

1700 yr- Southern California

Steve_W | 7 juli 2014

About $750/yr with Gieco, $300K coverage with $250 deductible for comprehensive and $500 deductible for collision.

Pettifogger.ca.us | 7 juli 2014

$1168/year with Wawanesa in Northern California, outside the Bay Area.

nickjhowe | 7 juli 2014

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

mrdaniel | 7 juli 2014

~$1200 per year with State Farm.

$1,000,000/$1,000,000 Liability. $100 Comprehensive/$1000 Collision.

ScoobyDoo | 7 juli 2014

$475/year Liberty Mutual in SE Wisconsin.
Full Coverage

SCCRENDO | 7 juli 2014

$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.

michael1800 | 7 juli 2014

@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.

SergeyS | 7 juli 2014

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 :)

mdlandmark | 8 juli 2014

$882, 500K/250K, $500 ded collision, $250 ded comp, annual policy, 3 miles to work. Kingsville, MD

jajabor | 8 juli 2014

$940/year with AAA..

amatiych | 8 juli 2014

Have a quote of 204/month from Nationwide in Brooklyn, NY. 100K/300K, 500 ded.

Mathew98 | 8 juli 2014

@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.

amatiych | 8 juli 2014

@Mathew,
Thanks. Will try them.

Rocky_H | 8 juli 2014

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!

tes-s | 8 juli 2014

$1404 in Fairfield County, CT
$500k liability
$500k uninsured/underinsured
Comprehensive $500 deductible, full glass
Collision $1000 deductible
Agreed value

PCA | 8 juli 2014

Quote of $2,900/year in Philadelphia with State Farm. Better put our insurance out to bid!

Tom M.us_az | 8 juli 2014

$1700 per year Safeco - Phoenix, Az

Rauv.cold.mn | 8 juli 2014

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.

Rauv.cold.mn | 8 juli 2014

Allstate

johncrab | 8 juli 2014

AZ - $1270/yr, 500k, 100 comp, 250 collision, full glass.

johncrab | 8 juli 2014

Nationwide - with 1 other car and my house.

edchanshopping | 8 juli 2014

My quote: So-cal, good driver, multi car/multi line
~$1650/yr on state farm
250/500/100 liability
50/100 uninsured injury
250 comprehensive, 500 collision deductible

NKYTA | 9 juli 2014

I said State Farm, but really meant Farmers.

EVolution | 27 juli 2014

Range from 700 to 2400$, pretty big gap.

iuliana | 27 juli 2014

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.

amitb00 | 27 juli 2014

Mine is 400 for 6 months in South Florida.

mrrjm | 27 juli 2014

$337/6months. Hartford. $500K limits. Plainfield, IL

Previously it was $1400/ yr. I told my agent he needs to find a more affordable policy.

djm12 | 27 juli 2014

$494.84 every six months with USAA to include 300/500 coverage and uninsured motorist coverage with $1000 deductible, low miles and many discounts.

craig | 27 juli 2014

USAA quoted $72 per month on the Model X assuming that it is in line with the rates they offer on the Model S.

lunknugget | 27 juli 2014

Just under $500, Quebec, Canada. Plus we have a no-fault insurance through the provincial licensing which is around another $400. In addition, there's $1000 a year luxury car tax/insurance added, in Quebec only.

Pilot_51 @US-MI | 27 juli 2014

$4155/yr with Amica Mutual in Michigan.

One car, one driver age 28.
Liability: 100/300/100
Uninsured: 100/300
Underinsured: 50/100
Collision deductible: $1000
Broadened collision (that's half the premium)
PIP deductible: $500
Full glass

Michigan requires no-fault insurance, making it much more expensive than most states. I checked 10 companies and of the 6 that insured Tesla, only Geico was cheaper at about $1500/6mo, but I wouldn't trust them after the stories I've heard of denied claims. Farmers had by far the highest quote, at $7774.70/6mo (yes, over $1000/month).

EVolution | 9 september 2014

With which insurance comptant are hou lanceneveu?

Brian H | 9 september 2014

Do you have expansive expenses? ;p

BlueS | 10 september 2014

USAA - Texas $980/yr

craig | 23 september 2014

I have full coverage for my 2012 Ford Escape Hybrid Limited 4X4 at $816 per year with USAA. When I called to get a quote for my Model X, I was quoted $900 per year based on a maxed out Model S.

EVolution | 27 september 2014

Seems to depend if the insurance company classifies it as a luxury car or an electric eco car

swakyaby | 27 september 2014

AAA Northern Cal $1100/year. 1K deductible $500,000/$500,000 single car policy.

My existing insurer Allstate quoted $1700/year with the same limits even with a multi-car discount and a homeowner's policy. I switched.

EVolution | 26 mars 2015

Anyone insured in Montreal, QC, Canada?

Brian H | 27 mars 2015

No, all the Tesla owners there are self-insured and driving illegally.

dbabenco | 27 mars 2015

$914 per year USAA in KY

krisraym | 27 mars 2015

$531/6 months - for Tesla 85 D and Lexus 2014 RX350 together with Progressive insurance in Ohio