2018 Tesla Model S Car Insurance Quotes

Want the cheapest car insurance rates for your Tesla Model S? Are you sick and tired of not being able to afford to keep your car insured? You are no different than the majority of other people.

Big companies like State Farm, Farmers Insurance, GEICO and Allstate increase brand awareness with ads and it is challenging if not impossible to not get sucked in by the cute commercials and take the time to shop coverage around.

How to compare free auto insurance quotes

To find more affordable rates, there are a couple of ways to compare quotes from different companies. The simplest method to comparison shop involves getting comparison quotes online. This is quite simple and can be completed in just a few minutes using one of these methods.

The recommended way to find the lowest comparison rates is a comparison rater form click here to open form in new window. This method saves time by eliminating separate quotes for each company. Just one form will get you rate comparisons direct from many companies.

A more time consuming way to find better pricing is spending the time to visit each company website to complete a price quote. For sake of this example, we’ll pretend you want to view quotes from Progressive, Safeco and Farmers. You would have to navigate to each company’s site and repeatedly type in your coverage information, which is why first method is reommended. To view a list of companies in your area, click here.

You can choose any of those ways to find more affodable coverage, but double check that you are using apples-to-apples quote data for every company. If each company quotes different limits and deductibles on each one you will not be able to get a fair rate comparison. Just slight variations in insurance coverages or limits may result in large price differences. Keep in mind that comparing more quotes helps improve the odds of finding the best offered rates.

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Cheap auto insurance rates with discounts

Companies don’t list every available discount in a way that’s easy to find, so the following list contains some of the best known and the more hidden discounts that may be available.

Good Student Discount – Maintaining excellent grades may save as much as 25% on a auto insurance quote. You can use this discount normally well after school through age 25.
Government Employees – Being employed by or retired from a federal job could qualify for a slight premium decrease for Model S insurance with certain companies.
Discount for Passive Restraints – Options like air bags or motorized seat belts could see savings up to 30%.
Defensive Driving Course – Completing a course that instructs on driving safety can save you 5% or more and easily recoup the cost of the course.
Discount for Life Insurance – Some companies give lower rates if you buy a life policy as well.
Lower Rates for Military – Having an actively deployed family member may qualify for rate reductions.
Distant College Student Discount – Kids who are enrolled in higher education away from home and do not have a car may qualify for this discount.

Consumers should know that some of the credits will not apply to the overall cost of the policy. Most only cut individual premiums such as comprehensive or collision. Just because you may think you would end up receiving a 100% discount, it just doesn’t work that way.

Some companies that have most of the discounts above include:

Before you buy a policy, ask each insurance company which discounts they offer. Some of the earlier mentioned discounts may not be available in your area. To find providers that offer many of these discounts, click here.

Tailor your car insurance coverage to you

When it comes to buying the right insurance coverage for your personal vehicles, there really is no “best” method to buy coverage. Every situation is different so this has to be addressed. For example, these questions may help you determine if your insurance needs could use an agent’s help.

Am I covered if my car is in a flood?
Do I get a pro-rated refund if I cancel my policy early?
Is extra glass coverage worth it?
Can my teen drive my company car?
Does liability extend to a camper or trailer?
Is my dog or cat covered if injured in an accident?
How do I buy GAP insurance?
Are rock chip repairs covered?
Am I covered by my spouse’s policy after a separation?

If you can’t answer these questions, you might consider talking to an insurance agent. To find lower rates from a local agent, take a second and complete this form or go to this page to view a list of companies.

Auto insurance coverages explained

Knowing the specifics of a auto insurance policy can be of help when determining the best coverages and the correct deductibles and limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Shown next are the normal coverages available from auto insurance companies.

Medical payments and PIP coverage – Coverage for medical payments and/or PIP kick in for immediate expenses for things like dental work, doctor visits, prosthetic devices, rehabilitation expenses and ambulance fees. They can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. It covers both the driver and occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

UM/UIM (Uninsured/Underinsured Motorist) coverage – Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as damage to your Tesla Model S.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked. Frequently these coverages are similar to your liability insurance amounts.

Collision coverage – This coverage pays to fix your vehicle from damage resulting from a collision with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers things such as hitting a parking meter, colliding with another moving vehicle and crashing into a building. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. It’s also possible to increase the deductible in order to get cheaper collision rates.

Liability – This coverage can cover injuries or damage you cause to people or other property by causing an accident. This coverage protects you against other people’s claims. It does not cover your injuries or vehicle damage.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 50/100/50 that translate to a $50,000 limit per person for injuries, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Another option is one number which is a combined single limit which combines the three limits into one amount without having the split limit caps.

Liability coverage protects against things like emergency aid, legal defense fees and medical expenses. How much liability coverage do you need? That is a personal decision, but you should buy as large an amount as possible.

Comprehensive auto coverage – Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as damage from a tornado or hurricane, a broken windshield, rock chips in glass, a tree branch falling on your vehicle and damage from getting keyed. The highest amount your auto insurance company will pay is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.