2013 Tesla Model S Car Insurance Quotes – 6 Ideas for Cheaper Rates

Trying to find lower insurance rates for your Tesla Model S? When looking for lower-cost insurance, are you intimidated by the sheer number of insurance sources available to you? You have such a vast assortment of sources available that it can really be a real hassle to find the perfect company for you.

Compare insurance coverage rate quotes

Most larger insurance companies give prices for coverage online. Getting quotes can be done by anyone as you just enter as requested by the quote form. After you submit the form their rating system obtains credit information and your driving record and returns a price quote based on these factors.

This makes comparing rates easy, but having to visit each company’s website and repetitively type in the same information is repetitive and time-consuming. But it’s also necessary to compare as many rates as possible if you want to get the lowest possible prices on insurance coverage.

A more efficient way to lower your insurance coverage bill makes use of a single form to get prices from a lot of companies. The form is fast, eliminates repetitive work, and makes online quotes much more efficient. As soon as you send your information, it gets priced and you can select any or none of the pricing results.

If a lower price is quoted, you can simply submit the application and buy the new coverage. It takes just a few minutes to complete and you will know how your current rates stack up.

To use this form to compare rates, click here to open in a new tab and submit your coverage information. If you have a policy now, it’s recommended you replicate coverages and limits exactly as shown on your declarations page. This helps ensure you will have a price comparison using the same coverage and limits.

Cut your insurance coverage rates with these six discounts

Insurance coverage is not inexpensive, but you may find discounts that you may not even be aware of. Many discounts should be triggered when you quote, but lesser-known reductions have to be specially asked for before you will receive the discount. If you aren’t receiving every discount you qualify for, it’s possible you qualify for a lower rate.

  • Passive Restraints and Air Bags – Vehicles equipped with air bags can receive discounts of 20 to 30 percent.
  • Discount for New Cars – Buying a new car instead of a used car can be considerably cheaper since new vehicles have better safety ratings.
  • Government Employees – Being employed by or retired from a federal job may reduce rates when you quote insurance coverage for Model S coverage but check with your company.
  • Seat Belts Save more than Lives – Drivers who require all vehicle occupants to use their safety belts can save 10% or more off PIP or medical payments premium.
  • Low Mileage Discounts – Low mileage vehicles may allow you to get slightly better premium rates than normal.
  • Military Deployment Discount – Having a family member in the military may qualify for rate reductions.

Don’t be surprised that many deductions do not apply the the whole policy. Most cut individual premiums such as liability and collision coverage. Despite the appearance that all those discounts means the company will pay you, company stockholders wouldn’t be very happy.

A list of insurance coverage companies and some of the discounts are shown below.

  • Farm Bureau may have discounts that include youthful driver, multi-policy, multi-vehicle, 55 and retired, renewal discount, safe driver, and driver training.
  • Liberty Mutual has savings for new vehicle discount, newly retired, exclusive group savings, multi-car, safety features, and newly married.
  • State Farm offers discounts including Steer Clear safe driver discount, safe vehicle, good student, accident-free, passive restraint, anti-theft, and driver’s education.
  • Auto-Owners Insurance offers premium reductions for teen driver, company car, anti-lock brakes, student away at school, paid in full, and paperless.
  • GEICO discounts include membership and employees, anti-theft, multi-policy, seat belt use, emergency military deployment, and good student.
  • SAFECO policyholders can earn discounts including anti-lock brakes, multi-car, teen safe driver, teen safety rewards, safe driver, and homeowner.

When getting a coverage quote, ask each insurance company which discounts can lower your rates. Some credits may not apply to policies in your area. To find companies who offer cheap insurance coverage quotes, click this link.

You are unique and your insurance coverage should be too

When it comes to choosing adequate coverage for your vehicles, there really is not a cookie cutter policy. Every insured’s situation is different.

These are some specific questions could help you determine if your situation may require specific advice.

  • When should I buy a commercial auto policy?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Am I covered when driving on a suspended license?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Am I covered if I hit my neighbor’s mailbox?
  • When can I cancel my policy?
  • Am I covered if hit by an uninsured driver?

If you can’t answer these questions but you know they apply to you, you might consider talking to an agent. If you want to speak to an agent in your area, take a second and complete this form.

Car insurance coverage information

Learning about specific coverages of your insurance policy helps when choosing which coverages you need at the best deductibles and correct limits. Insurance terms can be impossible to understand and coverage can change by endorsement.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance provide coverage for expenses like pain medications, X-ray expenses, doctor visits and chiropractic care. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants in addition to getting struck while a pedestrian. PIP coverage is not available in all states but can be used in place of medical payments coverage

Comprehensive auto coverage

This will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as hitting a deer, damage from a tornado or hurricane, fire damage and damage from getting keyed. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” either have no liability insurance or not enough. Covered claims include hospital bills for your injuries and damage to your 2013 Tesla Model S.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family. Frequently your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Liability

This protects you from injuries or damage you cause to people or other property by causing an accident. It protects YOU against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 50/100/50 which means $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Some companies may use a combined limit which limits claims to one amount without having the split limit caps.

Liability coverage protects against claims such as funeral expenses, legal defense fees, attorney fees and court costs. The amount of liability coverage you purchase is up to you, but consider buying as large an amount as possible.

Collision insurance

This will pay to fix damage to your Model S resulting from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for things like colliding with a tree, crashing into a building and backing into a parked car. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. Another option is to raise the deductible to get cheaper collision coverage.

Shop Smart and Save

As you prepare to switch companies, it’s a bad idea to buy lower coverage limits just to save a few bucks. There have been many cases where consumers will sacrifice comprehensive coverage or liability limits only to discover later that a couple dollars of savings turned into a financial nightmare. Your focus should be to buy the best coverage you can find at the best cost, not the least amount of coverage.

You just learned a lot of ways to shop for 2013 Tesla Model S insurance online. The most important thing to understand is the more you quote insurance coverage, the better your chances of lowering your rates. You may even discover the lowest prices are with the smaller companies.

Discount 2013 Tesla Model S insurance can be purchased on the web as well as from insurance agents, and you should be comparing both in order to have the best price selection to choose from. Some insurance providers may not have internet price quotes and most of the time these small insurance companies work with independent agencies.

Even more information is available in these articles:

Comments About 2013 Tesla Model S Insurance

  1. Holli Reyes

    I’m just west of Tampa, FL. Got rates from Progressive, Auto-Owners, and Encompass for my Model S and cut my rates about $110 a year. Insured with Farmers before. My new agent seems to be really good. It’s still not cheap enough.

  2. Clemmie Mueller

    21st Century is decent in Fairbanks, AK.

  3. Katia Schultz

    I got decent rates for a 2013 Tesla Model S in Albuquerque, NM. Ended up at darn near $290 every six months with Amica.

  4. Nanci Stewart

    I got decent rates for a 2013 Tesla Model S in Colorado Springs, Colorado. Ended up at darn near $160 every six months with American Family. Ask about discounts. I got a quote from their website.

  5. Adolph James

    I got a good deal I think. I’m from Charleston, West Virginia. Quoted a bunch of companies. Saved right around $30 a month. State Farm was the best choice for me. I even had a DUI years ago. Just waiting to see how claims go.

  6. Lisandra Branch

    Liked the article. Found cheapest coverage with GMAC for my Model S and cut my rates about $240 a year. I recommend comparing lots of rates.

  7. Many Lewis

    Corporate greed I’m telling you. I live just outside Springfield, MA. Quoted with American Family, Nationwide, and a few others for my Model S and saved just over $130 a year. Insured with Hanover before. Hopefully won’t need it. I used their website to get prices.

  8. Rico Lancaster

    For me, State Farm was by far the cheapest in North Charleston, South Carolina.

  9. Zachary Sloan

    I’m in the north part of Huntington, WV. Received rates from GEICO, Amica, Esurance, and The General for my Tesla and saved $220 a year. I have a teen driver too.