2010 Tesla Roadster Car Insurance Cost – 8 Ways to Save

Searching for cheaper insurance rates for your Tesla Roadster? If you are new to getting insurance quotes online, you can easily be confused local agents and online companies who claim to have the best insurance rates.

Consumers should take time to quote other rates as often as possible because insurance rates are rarely the same from one policy term to another. Just because you had the best deal on Roadster insurance last year you will most likely find a better price today. You’ll find quite a bit of inaccurate information about insurance on the internet, but in just a couple of minutes you can learn some of the best ways to slash your insurance rates.

Finding the best rates is not that difficult. Just about everyone who is shopping for insurance will most likely be able to lower their premiums. Nevertheless, vehicle owners must learn how insurance companies sell online and apply this information to your search.

How much does car insurance cost?

All major car insurance companies give prices on the web. Getting online quotes is quite easy as you just type in into a form. When the form is submitted, the quote system sends out for information on your driving record and credit history and returns pricing information determined by many factors.

This helps simplify price comparisons, but the time it takes to visit different websites and type in your information is a big time waster. Unfortunately, it is important to compare as many rates as possible in order to get better car insurance pricing.

Rate comparisons made easy

The easiest way to find better car insurance pricing requires only one form to get prices from multiple companies. It saves time, eliminates form submissions, and makes price shopping online much easier. After sending your information, your coverage is rated and you can choose any one of the returned quotes. If a lower price is quoted, you can click and sign and buy the policy. It takes just a few minutes to complete and may save quite a bit of money.

To use this form to compare rates, simply click here to open in new window and input your coverage information. If you have coverage now, it’s recommended that you enter as close as possible to your current policy. This guarantees you will be getting a price comparison using the exact same coverages.

Do I just need basic coverages?

When buying the right insurance coverage, there really is no best way to insure your cars. Everyone’s situation is a little different.

Here are some questions about coverages that could help you determine if your insurance needs will benefit from professional help.

• Will my vehicle be repaired with OEM or aftermarket parts?
• Are my tools covered if they get stolen from my vehicle?
• Why do I need rental car insurance?
• What companies insure drivers after a DUI or DWI?
• Am I covered if I hit my neighbor’s mailbox?
• Are rock chip repairs covered?
• Am I insured when driving a different vehicle?
• Do I have coverage if my license is suspended?
• What discounts do I qualify for?
• Do I pay less if my vehicle is kept in my garage?

If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, simply complete this short form.

Car insurance policy coverages for a 2010 Tesla Roadster

Learning about specific coverages of your car insurance policy helps when choosing the best coverages and proper limits and deductibles. Car insurance terms can be impossible to understand and reading a policy is terribly boring.

Uninsured or underinsured coverage – This gives you protection from other drivers when they either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and damage to your Tesla Roadster.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important.

Medical expense coverage – Medical payments and Personal Injury Protection insurance kick in for expenses for things like prosthetic devices, chiropractic care and hospital visits. They are often used in conjunction with a health insurance plan or if there is no health insurance coverage. Coverage applies to both the driver and occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Collision coverage – Collision insurance will pay to fix damage to your Roadster from colliding with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as damaging your car on a curb, scraping a guard rail, colliding with a tree and sideswiping another vehicle. Collision is rather expensive coverage, so consider dropping it from older vehicles. You can also choose a higher deductible to get cheaper collision coverage.

Liability – Liability insurance will cover damage that occurs to other people or property. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 50/100/50 that means you have a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage pays for things such as court costs, structural damage and attorney fees. How much liability should you purchase? That is a personal decision, but buy higher limits if possible.

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

Comprehensive can pay for things such as damage from a tornado or hurricane, a broken windshield and falling objects. The most your car insurance company will pay is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.