[jcgrether]

As noted in a previous post, you will be hard pressed to find “cheaper” insurance for a new Tesla. While your mileage and driving record do impact pricing, the biggest impact is the car itself. The smallest bumper incident will cost $1,000s due to all the high tech in a Tesla. Cameras, sensors, etc all have to be recalibrated or replaced at very high cost, if you can get the parts. It’s the price we pay for being able to drive such a great car. Personal auto is a money loser for many, if not most, insurers.

Originally Posted by Tvflguy

We have a 6 mo old 2024 Tesla. Our previous Progressive insur was way too much. Contacted our agent who represents many companies and switched to Allstate. Rates good but just got our next 6 month renewal just now and up $500 a year. Crazy

Our record is flawless. And we only drive around the area, about 5k miles per year.

Before I contact the agent, is anyone aware of per-mile car insurance. ie. Pay a fixed monthly charge and $$ per mile. I see that Allstate does offer that, but not in Florida?

Anyone???

[DAVES]

Originally Posted by Tvflguy

We have a 6 mo old 2024 Tesla. Our previous Progressive insur was way too much. Contacted our agent who represents many companies and switched to Allstate. Rates good but just got our next 6 month renewal just now and up $500 a year. Crazy

Our record is flawless. And we only drive around the area, about 5k miles per year.

Before I contact the agent, is anyone aware of per-mile car insurance. ie. Pay a fixed monthly charge and $$ per mile. I see that Allstate does offer that, but not in Florida?

Anyone???

No shortage of shoulda coulda mightas. With little driving why own a Tesla-an expensive car and then complain about insurance cost. An option is to purchase a car that is a collector item and insure it as a collector item. Cost per mile insurance, be sure to ask how fire and theft works.

IF, you lease the car or have a loan on it options may be limited. If, you increase the deductible, you are self insuring whatever the deductible is. A higher deductible and you pay less for insurance but are also getting less-you pay the first $1000 or whatever the deductible is. It does pay to shop around. People tend to think I've been a loyal customer. Actually they offer lower rates to new customers-to attract new customers. All insurance companies are good at taking your premium be sure to check how well they do on payout.
Insurance. You are paying a company to assume part or all of your risk. They do not all use the same charts to access the risk. Driving record. driver age, married, home ownership even credit score, mileage, garaged are all in there Florida is famous for truly INTERESTING drivers.

[SusanStCatherine]

If you sign up for State Farm drive safe and save with the beacon, you get a basic discount no matter how you drive and they cannot take the discount away. This is according to the very young male agent I used. If your beacon shows you are indeed driving safely most of the time, the discount increases. Often we forget to have our cell phones on Bluetooth so no recording often gets missed. We record our mileage for them when requested maybe every other month. It saves us at least several hundred dollars a year on three vehicles. On newer cars they probably have access to that information anyway and if you cause an accident they could probably legally retrieve it.
There are many factors that determine your rate and everyone is unique as to the combination of driving record, credit score, type of vehicle, age, gender, zip code, etc.
The Villages has a very high accident rate, according to my agent.

[phylt]

[QUOTE=DAVES;2396588]No shortage of shoulda coulda mightas. With little driving why own a Tesla-an expensive car and then complain about insurance cost. An option is to purchase a car that is a collector item and insure it as a collector item. Cost per mile insurance, be sure to ask how fire and theft works.

??? Our new Tesla was no more expensive than a "regular" car. I am NOT complaining about the insurance cost. Just inquiring re less expensive coverage. Why must some here be so critical when you don't even know us? "why own a Tesla"???? omg....

[OrangeBlossomBaby]

Originally Posted by phylt

??? Our new Tesla was no more expensive than a "regular" car. I am NOT complaining about the insurance cost. Just inquiring re less expensive coverage. Why must some here be so critical when you don't even know us? "why own a Tesla"???? omg....

Your new Tesla was significantly more expensive than a "regular" car.

The cheapest stripped-down Tesla available is a basic Model 3. STARTING price for those is $42,490.

Compare to the cheapest stripped-down Hyundai Elantra (gas), at $21,875. That's more than $20,000 less expensive.

If you want to compare like with like, then compare with the Elantra electric, which is $39,950, or around $2500 cheaper than the stripped-down Tesla.

I think people who can afford to buy expensive cars and think they're no more expensive than less expensive cars, have a certain blindness to the reality of the majority of this country's affordability.

[phylt]

Originally Posted by OrangeBlossomBaby

Your new Tesla was significantly more expensive than a "regular" car.

The cheapest stripped-down Tesla available is a basic Model 3. STARTING price for those is $42,490.

Compare to the cheapest stripped-down Hyundai Elantra (gas), at $21,875. That's more than $20,000 less expensive.

If you want to compare like with like, then compare with the Elantra electric, which is $39,950, or around $2500 cheaper than the stripped-down Tesla.

I think people who can afford to buy expensive cars and think they're no more expensive than less expensive cars, have a certain blindness to the reality of the majority of this country's affordability.

A REGULAR car as we noted would be the Accord or Camry, both equipped well upper $30's+ Out Tesla got the $7K rebate, so..... ours has EVERYTHING and zero gas. enough already.

[rsmurano]

Do not get, I repeat, do not get the iPhone/android insurance app for your car insurance!!! Why?? The app is stupid. You want the app to capture miles put on your car, track braking, and even if your on the phone while driving. Correct??? If so, then you don’t want this and here’s why:
1) if you and your wife/spouse are in the same car, you are counting the miles you traveled by 2x! You as the driver put x miles on this trip and your wife put on x miles on this trip. Remember the app is stupid, it doesn’t know if you are the driver or not. So let’s take this further;

2) say you are in your golf cart, your app is stupid and thinks you are putting miles on your car and if your wife is with you, it’s 2x the miles. It even gets better;

3) you are riding in a friends car, your insurance app thinks you are driving and it adding mileage to your account. 2x if your spouse is with you. Gets even better;

4) while riding with your friend and he’s speeding and breaking hard, it goes against you. Remember, the app is stupid, doesn’t know if you are in a golf cart, a passenger in your car or a neighbor’s car.

5) say your spouse is with you and she is the passenger and starts talking on the phone. You get dinged because the app doesn’t know that you are a passenger, the driver, in a golf cart or in somebody else’s car.

I brought all of this up with the insurance company that wants us to use these apps and had to go thru tech support and they agreed with all of this. They did say, to solve any of these issues, they wanted m to log onto the insurance website and modify my travel record to tell them I was a passenger or in somebody’s car or both my spouse and I were traveling together and they wanted me to keep this data up to date. Life is too short and not worth the hassle.

[CarlR33]

^well you cannot tell us what exactly the apps name is or what company is driving it (no pun intended).

[dano121]

We use "SnapChat" on Progressive Auto. Never liked the idea but it is saving us about $500 this year. All said here is true about the program. Hard to believe that they "Ding " you for driving less and driving sporadically. You would think that would be safer than driving many miles in heavy traffic every day? Not happy, felt this was a hit on older (Retired " ) folk.

[lkagele]

Originally Posted by tophcfa

If you can find a company that will do that they will want to install a tracking device in your vehicle so they can monitor you. No way I’d ever let one of those things in my vehicle. On the other hand, you drive a Tesla, so there’s probably already one there?

Pretty sure all cars these days have some sort of tracking device.

I had the AllState device. We drive so infrequently, it kept draining the battery. At least we knew when to charge the battery as we'd get an email saying out device was unplugged.

[OrangeBlossomBaby]

Originally Posted by rsmurano

Do not get, I repeat, do not get the iPhone/android insurance app for your car insurance!!! Why?? The app is stupid. You want the app to capture miles put on your car, track braking, and even if your on the phone while driving. Correct??? If so, then you don’t want this and here’s why:
1) if you and your wife/spouse are in the same car, you are counting the miles you traveled by 2x! You as the driver put x miles on this trip and your wife put on x miles on this trip. Remember the app is stupid, it doesn’t know if you are the driver or not. So let’s take this further;

2) say you are in your golf cart, your app is stupid and thinks you are putting miles on your car and if your wife is with you, it’s 2x the miles. It even gets better;

3) you are riding in a friends car, your insurance app thinks you are driving and it adding mileage to your account. 2x if your spouse is with you. Gets even better;

4) while riding with your friend and he’s speeding and breaking hard, it goes against you. Remember, the app is stupid, doesn’t know if you are in a golf cart, a passenger in your car or a neighbor’s car.

5) say your spouse is with you and she is the passenger and starts talking on the phone. You get dinged because the app doesn’t know that you are a passenger, the driver, in a golf cart or in somebody else’s car.

I brought all of this up with the insurance company that wants us to use these apps and had to go thru tech support and they agreed with all of this. They did say, to solve any of these issues, they wanted m to log onto the insurance website and modify my travel record to tell them I was a passenger or in somebody’s car or both my spouse and I were traveling together and they wanted me to keep this data up to date. Life is too short and not worth the hassle.

You can shut the app off you know. I shut mine off when I drive to my parent's house because Florida Turnpike is insane, and I'd end up getting dinged every 10 miles for braking too hard. When you're driving with your spouse, whoever is the passenger can shut their app off.

BTW for Allstate the app is the Allstate app, and the program in the app for tracking is called Drivewise.

[SoCalGal]

Originally Posted by jedalton

mileauto.com insurance, been using them for 6 months and saving about $150/mth for same coverage. all base on mileage driven each month

Booo...MileAuto is not writing new policies in my area.