4 ms·
what can be done about insurance costs? id love to recommend a model 3 to friends and family but they can't all afford paying the same premiums as they would fo
by modzu 8y ago
what can be done about insurance costs? id love to recommend a model 3 to friends and family but they can't all afford paying the same premiums as they would for a porsche 911...
- sbradford26 8y agoI recently looked for an insurance quote for a model 3. At least through esurance it was going to be cheaper than my 07 BMW X3 to insure. I am in New York where all insurance feels cheap compared to when I lived in Michigan.
- rconti 8y agoYou'd love to recommend a specific car for your friends and family but have decided not to because of an unknown quantity? Or did you actually price out insurance and find that it cost as much as a 911? I'm not even sure if 911s are particularly expensive to insure, but I do know our Model 3 costs no more to insure than my VW Golf did.
- modzu 8y agopricing it out online, at least in canada, has it in the upper tiers (of course other factors may influence your premiums more than the car, ymmv). tesla was also only in a handful of the databases. its great to hear there are companies offering competitive rates! id read somewhere the reason for high numbers are twofold: bodywork and its speed (ie accident risk) are equal to high performance vehicles, so thanks for chiming in with real world examples
- rgrove 8y agoI pay about the same for insurance on my Model 3 as I did on the Mazda CX-7 it replaced. I've heard stories of some insurers charging ridiculous premiums for Teslas, but that hasn't been my experience with USAA.