2013 Tesla Model S Insurance Rates

Looking for cheaper auto insurance rates? Shoppers have many options when shopping for the lowest priced Tesla Model S insurance. They can either waste time struggling with agents trying to get quotes or utilize the internet to get rate quotes.

There is a right way and a wrong way to buy auto insurance and we’ll show you the best way to quote coverages for a Tesla and obtain the best price possible.

The purpose of this article is to tell you how to get online quotes and some tips to save money. If you currently have a car insurance policy, you will most likely be able to save some money using these techniques. Vehicle owners just need to learn the proper methods to shop their coverage around on the web.

Policy discounts you shouldn’t miss

Properly insuring your vehicles can get expensive, but companies offer discounts to help offset the cost. Certain discounts will be triggered automatically when you get a quote, but some must be specially asked for in order for you to get them. If they aren’t giving you every credit you qualify for, you’re paying more than you need to.

  • Accident Waiver – Certain companies will forgive one accident without raising rates if you are claim-free for a particular time prior to the accident.
  • Federal Government Employee – Being employed by or retired from a federal job could cut as much as 10% off for Model S coverage with certain companies.
  • Anti-theft System – Anti-theft and alarm systems prevent vehicle theft and earn discounts up to 10%.
  • Auto/Home Discount – When you have multiple policies with one insurance company you could get a discount of 10% to 20% off each policy.
  • Safety Course Discount – Completing a course in driver safety can save you 5% or more depending on where you live.
  • Distant Student – Kids in college who are attending college and don’t have a car can be insured at a reduced rate.
  • Paperless Signup – A few companies may give you up to $50 for buying a policy and signing up digitally online.
  • Fewer Miles Equal More Savings – Fewer annual miles on your Tesla could be rewarded with a substantially lower rate.
  • Claim Free – Drivers with accident-free driving histories can save substantially when compared with frequent claim filers.
  • New Car Discount – Putting insurance coverage on a new car can be considerably cheaper compared to insuring an older model.

Consumers should know that most of the big mark downs will not be given to all coverage premiums. Most only apply to the price of certain insurance coverages like medical payments or collision. Even though it may seem like you could get a free insurance policy, it doesn’t quite work that way. Any qualifying discounts will bring down the cost of coverage.

Insurance companies that may offer these discounts are:

Check with all companies you are considering which discounts they offer. Some discounts might not apply in every state.

Vehicle Insurance Comparison

There are several ways to compare Tesla Model S insurance quotes, but there is one way that is easier and takes less work. You can waste a lot of time talking about coverages with local insurance agents in your area, or you could save time and use online quotes to get rate comparisons in just a few minutes.

Many companies participate in an industry program where insurance shoppers submit one quote, and at least one company provides a quote based on the submitted data. This saves time by eliminating form submissions for every insurance company.

To find out how much you’re overpaying now click here to start a free quote.

The one disadvantage to getting quotes like this is you can’t choose which insurance companies you want to price. If you would rather choose from a list of companies for rate comparison, we have assembled a list of low cost insurance companies in your area. Click to view list.

It’s your choice how you get your quotes, but make darn sure you compare apples-to-apples coverage limits and deductibles on every quote you get. If your comparisons have different liability limits you will not be able to find the best deal for your Tesla Model S.

Insurance agents can help

When buying proper insurance coverage, there really is not a cookie cutter policy. Everyone’s situation is a little different.

For instance, these questions might help in determining if your situation would benefit from an agent’s advice.

  • How much liability insurance is required?
  • What is PIP insurance?
  • Do I need higher collision deductibles?
  • What if I don’t agree with a claim settlement offer?
  • Am I covered if I crash into my own garage door?
  • Do I really need UM/UIM coverage?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to an insurance agent. If you want to speak to an agent in your area, fill out this quick form. It’s fast, doesn’t cost anything and you can get the answers you need.

Specific coverages for a 2013 Tesla Model S

Knowing the specifics of car insurance helps when choosing the right coverages for your vehicles. Car insurance terms can be ambiguous and coverage can change by endorsement.

Liability insurance

Liability insurance will cover damage or injury you incur to people or other property that is your fault. It protects you from legal claims by others. Liability doesn’t cover 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. You commonly see limits of 50/100/50 which means a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Alternatively, you may have one number which is a combined single limit that pays claims from the same limit without having the split limit caps.

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

Coverage for medical payments

Medical payments and Personal Injury Protection insurance pay for short-term medical expenses such as ambulance fees, X-ray expenses and surgery. They are utilized in addition to your health insurance program or if you lack health insurance entirely. It covers all vehicle occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Uninsured and underinsured coverage

This coverage gives you protection when other motorists do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage to your Tesla Model S.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Normally these coverages are set the same as your liablity limits.

Collision protection

Collision insurance pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against things like sustaining damage from a pot hole, colliding with another moving vehicle and sideswiping another vehicle. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Comprehensive coverages

Comprehensive insurance pays for damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims like rock chips in glass, falling objects, theft, hail damage and damage from getting keyed. The most your car insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Don’t be a big spender

Cheaper 2013 Tesla Model S insurance can be purchased both online in addition to many insurance agents, so compare prices from both so you have a total pricing picture. Some insurance providers do not provide you the ability to get quotes online and usually these small insurance companies provide coverage only through local independent agents.

Insureds change insurance companies for a number of reasons such as questionable increases in premium, unfair underwriting practices, policy cancellation and even poor customer service. No matter why you want to switch, finding a new auto insurance company is easier than you think.

We just covered a lot of ways to compare insurance prices online. The key thing to remember is the more rate comparisons you have, the better your chances of lowering your rates. You may be surprised to find that the best prices are with a small mutual company.

Additional auto insurance information can be read on the following sites: