Cheaper 2018 Tesla Model S Car Insurance Quotes

Trying to find better car insurance rates for your Tesla Model S? Searching for cheap car insurance online may seem to be rather challenging for beginners to comparing rates and buying car insurance online. With dozens of companies, how are people able to efficiently compare every one to find cheaper car insurance prices?

Choosing the best insurance company for you is quite easy. Essentially anyone who has to buy insurance coverage will more than likely be able to reduce their rates. Nevertheless, drivers do need to learn the methods companies use to determine prices.

Compare auto insurance rates

When shopping for auto insurance there are multiple ways to compare quotes from lots of auto insurance companies. The easiest way to find competitive Tesla Model S insurance rates is to perform an online rate comparison. It’s really quite simple and can be done in a couple of different ways.

• Without a doubt, the easiest way to get quotes is an all-inclusive rate comparison click here to open form in new window. This method keeps you from doing boring form submissions to each individual auto insurance company. Completing one form will return price quotes from many national carriers. Just one form and you’re done.
• A different way to find more affordable insurance requires visiting each company website and go through the quote process again. For examples sake, let’s assume you want rates from Allstate, Farmers and Progressive. You would be required to spend time on each company’s site to enter the same coverage data repeatedly, which can take a lot of time.

  For a handy list of car insurance company links in your area, click here.

• The least recommended way to get price estimates is driving to and from local insurance agencies. Comparing online rate quotes can eliminate the need for a local agent unless you have a complicated situation and need the trained advice that only an agent can give. However, consumers can compare the best prices online but buy from a local insurance agent.

It’s up to you which method you use, but try to keep apples-to-apples coverages on every quote you get. If your comparisons have different liability limits it’s impossible to truly determine the lowest rate. Just a small difference in insurance coverages can make a big difference in price. Keep in mind that comparing more quotes increases the change that you will find the best price. Not every company provides online quotes, so it’s necessary to compare price quotes from those companies as well.

Cheap car insurance rates with discounts

Not too many consumers would say car insurance is affordable, but you might find some hidden discounts that could drop your premiums quite a bit. Some of these disounts will be visible when you quote, but some need to be specifically requested before you will receive the discount. If you check and find you aren’t receiving every discount you deserve, it’s possible you qualify for a lower rate.

• ABS and Traction Control Discounts – Cars with anti-lock braking systems can reduce accidents and therefore earn up to a 10% discount.
• Active Service Discounts – Being on active duty in the military may qualify for rate reductions.
• Safe Driver Discount – Drivers who don’t get into accidents could pay up to 40% less on Model S coverage compared to rates paid by drivers with frequent claims.
• Pay Early and Save – If you can afford to pay the entire bill rather than paying monthly you may have a lower total premium amount.
• Low Mileage Discounts – Low annual miles could qualify for discounted car insurancerates on garaged vehicles.
• Employee of Federal Government – Having worked for a branch of the government could provide a small rate reduction on Model S coverage but check with your company.
• Own a Home and Save – Just being a homeowner may earn you a small savings because maintaining a house is proof that your finances are in order.

Don’t be surprised that some credits don’t apply to the entire policy premium. Most only reduce individual premiums such as medical payments or collision. So when it seems like you can get free auto insurance, it’s just not the way it works.

Popular car insurance companies and the discounts they provide are:

• State Farm offers discounts for good driver, good student, safe vehicle, Steer Clear safe driver discount, and Drive Safe & Save.
• Liberty Mutual policyholders can earn discounts including multi-policy, teen driver discount, new vehicle discount, exclusive group savings, and new move discount.
• American Family includes discounts for good driver, mySafetyValet, Steer into Savings, defensive driver, multi-vehicle, and air bags.
• Progressive has savings for continuous coverage, homeowner, online signing, multi-policy, good student, and multi-vehicle.
• Farmers Insurance offers premium reductions for youthful driver, switch companies, teen driver, good student, mature driver, electronic funds transfer, and business and professional.
• Auto-Owners Insurance has discounts for good student, anti-theft, paperless, company car, air bags, teen driver, and multi-policy.
• SAFECO may have discounts that include bundle discounts, homeowner, safe driver, teen safe driver, accident prevention training, anti-lock brakes, and anti-theft.

When quoting, ask every company which discounts they offer. Some of the discounts discussed earlier might not apply in your area. To see a list of car insurance companies who offer discounts, click here.

Tailor your auto insurance coverage to you

When buying the right insurance coverage for your personal vehicles, there is no cookie cutter policy. Every insured’s situation is different.

For example, these questions can aid in determining whether you could use an agent’s help.

• Are rock chip repairs covered?
• Will my insurance pay for OEM parts?
• Can I afford to pay high deductible claims out of pocket?
• Should I file a claim if it’s only slightly more than my deductible?
• How much can I save by bundling my policies?
• Does my 2018 Tesla Model S qualify for pleasure use?
• Do I need more liability coverage?
• Do I have coverage when pulling a U-Haul trailer?
• Will I be non-renewed for getting a DUI or other conviction?
• Can I drive in Mexico and have coverage?

If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to an insurance agent. To find an agent in your area, simply complete this short form.

Auto insurance coverage breakdown

Understanding the coverages of your 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 nobody wants to actually read their policy.

Collision coverage

This pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision can pay for claims like scraping a guard rail, hitting a parking meter, crashing into a ditch, colliding with another moving vehicle and damaging your car on a curb. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. It’s also possible to raise the deductible to bring the cost down.

Comprehensive auto insurance

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as hitting a bird, theft, hail damage and hitting a deer. The most you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Liability

This coverage will cover damages or injuries you inflict on a person or their property in an accident. It protects YOU from legal claims by others, and doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000.

Liability coverage protects against things such as medical services, bail bonds and funeral expenses. How much liability should you purchase? That is a personal decision, but you should buy higher limits if possible.

Coverage for medical expenses

Coverage for medical payments and/or PIP reimburse you for immediate expenses like chiropractic care, prosthetic devices and funeral costs. They are often used in conjunction with a health insurance policy or if you are not covered by health insurance. Coverage applies to you and your occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists 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 Model S.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.