2015 Tesla Model S Insurance Quotes

Tired of paying out the nose to pay car insurance each month? You’re in the same situation as most other vehicle owners.

You have so many auto insurance companies to buy insurance from, and although it’s nice to have multiple companies, so many choices can make it hard to locate the cheapest rates.

Shopping for more affordable auto insurance is simple if you know the tricks. Essentially every vehicle owner who shops for auto insurance will more than likely be able to reduce their rates. Although consumers must know how companies sell insurance online.

How to shop insurance coverage online

Most of the larger companies like Progressive, GEICO, Allstate and State Farm provide insurance quotes on their websites. The process is fairly straightforward because it’s just a matter of typing in your coverage preferences as requested by the quote form. After the form is submitted, their rating system makes automated requests for your driving and credit reports and generates a price based on the data you entered. Online quotes makes comparing rates easy, but the time it takes to visit many different websites and type in your information is a big time waster. But it is imperative to perform this step if you want to find the best price possible.

Keep reading for an easier way to compare prices

The quickest way to compare insurance coverage pricing requires only one form that gets price quotes from multiple companies. It’s a real time-saver, eliminates form submissions, and makes online price comparison much more enjoyable. Once the form is submitted, it gets priced and you can choose any one of the resulting price quotes.

If you find a better price you can click and sign and buy the new coverage. The entire process takes less than 15 minutes and may save quite a bit of money.

To save time and get comparison pricing now, click here and enter your vehicle and coverage information. If you have your current policy handy, we recommend you replicate deductibles and limits identical to your current policy. This helps ensure you will have a price comparison based on the exact same insurance coverage.

Find discounts to get cheap insurance quotes

Insuring your fleet can be pricey, but you may qualify for discounts that many people don’t even know exist. Some discounts will apply at the time of purchase, but less common discounts must be specifically requested before they will apply.

• Employee of Federal Government – Active or retired federal employment can save as much as 8% on Model S insurance depending on your insurance provider.
• Include Life Insurance and Save – Larger insurance companies have a discount if you purchase some life insurance in addition to your auto policy.
• Policy Bundle Discount – When you combine your auto and home insurance and insure them both with the same insurance company you may save at least 10% off all policies.
• Payment Method – If you pay your entire premium ahead of time instead of paying each month you may have a lower total premium amount.
• 55 and Retired – If you’re over the age of 55, you may be able to get a small decrease in premiums on Model S insurance.

A quick disclaimer, most discount credits are not given to your bottom line cost. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. Despite the fact that it seems like adding up those discounts means a free policy, it just doesn’t work that way. Any qualifying discounts will reduce the cost of your policy.

To see a list of insurers with the best discounts, click this link.

Tailor your auto insurance coverage to you

When it comes to buying adequate coverage, there isn’t really a single plan that fits everyone. Each situation is unique so this has to be addressed. Here are some questions about coverages that could help you determine whether or not you will benefit from professional help.

• Are there companies who specialize in insuring high-risk drivers?
• Can I afford to pay high deductible claims out of pocket?
• Is business equipment covered while in my vehicle?
• How much liability do I need to cover my assets?
• Am I covered when using my vehicle for business?
• Should I file a claim if it’s only slightly more than my deductible?
• Are my friends covered when driving my 2015 Tesla Model S?
• Should I waive the damage coverage when renting a car?
• Is a new car covered when I drive it off the dealer lot?
• Am I covered by my employer’s commercial auto policy when driving my personal car for business?

If you don’t know the answers to these questions, then you may want to think about talking to an agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of auto insurance companies in your area.

Insurance policy specifics

Knowing the specifics of a insurance policy can be of help when determining which coverages you need and proper limits and deductibles. Insurance terms can be impossible to understand and coverage can change by endorsement. These are the normal coverages found on most insurance policies.

Liability insurance – This coverage can cover damage that occurs to a person or their property in an accident. This coverage protects you against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Occasionally you may see a combined limit which limits claims to one amount without having the split limit caps.

Liability coverage pays for things such as loss of income, repair bills for other people’s vehicles, structural damage, bail bonds and attorney fees. How much liability should you purchase? That is a personal decision, but consider buying higher limits if possible.

Collision coverages – Collision coverage will pay to fix damage to your Model S resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like hitting a parking meter, sideswiping another vehicle and hitting a mailbox. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to increase the deductible in order to get cheaper collision rates.

Insurance for medical payments – Personal Injury Protection (PIP) and medical payments coverage pay for bills for things like funeral costs, doctor visits, prosthetic devices and nursing services. They are often utilized in addition to your health insurance policy or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Comprehensive coverage (or Other than Collision) – Comprehensive insurance covers damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like a broken windshield, a tree branch falling on your vehicle and hitting a bird. The highest amount you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Uninsured Motorist or Underinsured Motorist insurance – This protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your 2015 Tesla Model S.

Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Normally these coverages are set the same as your liablity limits.