Compare 2017 Tesla Model S Insurance Quotes

Are you baffled by the wide range of insurance coverage choices that you can choose from? Drivers have so many choices to choose from that it can turn into a chore to find the best premium rates.

It’s a good habit to compare rates on a regular basis due to the fact that insurance prices tend to go up over time. If you had the lowest rates for Model S insurance on your last policy you can probably find a better rate quote now. You can search a lot of insurance coverage on the internet, but in just a couple of minutes you can learn some proven techniques to slash your insurance coverage rates.

Affordable car insurance

To find inexpensive auto insurance quotes, there are several ways to compare rate quotes from local car insurance companies. The quickest method to lower the rate you pay for 2017 Tesla Model S insurance is to perform an online rate comparison. It is quite easy and can be accomplished using a couple different methods.

The easiest and least time consuming way to get quotes would be an industry-wide quote request form click to view form in new window. This method eliminates the need for repetitive form submissions for each company. Completing one form gets insurance cost estimates from several companies. It’s definitely the quickest method.

A harder way to analyze rates consists of going to each company website to complete a price quote. For examples sake, we’ll pretend you need rates from Allstate, State Farm and Travelers. In order to get each rate, you would have to spend time going to each site individually and enter your policy data, which explains why we recommend starting with the first method.

For a list of links to companies insuring cars in your area, click here.

Even if you have time, the least recommended way to find cheaper rates is making phone calls or going to and from local insurance agencies. Comparing rate quotes online reduces the need to sit down with an agent unless you have a need for the professional abilities of a licensed agent. Although you can obtain prices from the web but buy the policy through an agent.

Which method you use is up to you, but make sure you use equivalent coverages and limits for each quote you get. If the quotes have different deductibles then you won’t be able to get a fair rate comparison. Slightly different insurance coverages or limits could throw off the whole comparison. And when comparing car insurance rates, know that comparing more quotes will improve the odds of getting the best price. Some smaller insurers to not give online rate quotes, so you also need to get price quotes from those companies as well.

Affordable insurance coverage quotes with discounts

Some providers don’t list the entire discount list very well, so the following is a list of some of the more common and the harder-to-find ways to save on insurance coverage.

  • Safety Restraint Discount – Forcing all vehicle occupants to use their safety belts can save 10% or more off the medical payments premium.
  • Bundled Policy Discount – If you combine your home and auto policies and place coverage with the same company you may earn as much as 10 to 15 percent.
  • Early Switch Discount – A few insurance companies give discounts for buying a policy early. This can save 10% or more.
  • Telematics Data Discounts – Policyholders that allow driving data submission to scrutinize driving habits by using a telematics device in their vehicle such as State Farm’s In-Drive could save a few bucks as long as they are good drivers.
  • Student Driver Training – Cut your cost by having your teen driver take driver’s ed class in school.
  • Anti-theft Discount – Cars, trucks, and SUVs equipped with anti-theft or alarm systems are stolen less frequently and will qualify for a discount on a auto insurance quote.
  • Claim-Free Discount – Good drivers with no accidents get the best insurance coverage rates when compared with accident-prone drivers.
  • Distant Student Discount – Older children who are attending college and do not take a car to college can receive lower rates.

As is typical with insurance, most of the big mark downs will not be given to the entire policy premium. Most only cut individual premiums such as comp or med pay. Just because you may think all those discounts means the company will pay you, companies don’t profit that way.

Auto insurance companies who may offer most of the discounts above are:

When getting a coverage quote, ask all companies you are considering to apply every possible discount. A few discounts might not apply everywhere.

Tailor your car insurance coverage to you

When it comes to buying the right insurance coverage, there isn’t really a single plan that fits everyone. Everyone’s situation is unique.

For instance, these questions might point out whether you might need an agent’s assistance.

  • When can I cancel my policy?
  • Can I afford to pay high deductible claims out of pocket?
  • Are my friends covered when driving my car?
  • Is a blown tire covered by insurance?
  • Am I covered if I drive in a foreign country?
  • Am I insured when driving a different vehicle?
  • If my pet gets injured in an accident are they covered?

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

What insurance coverages do you need?

Having a good grasp of your insurance policy helps when choosing which coverages you need for your vehicles. The terms used in a policy can be difficult to understand and coverage can change by endorsement.

Collision protection

This coverage will pay to fix damage to your Model S from colliding with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against things such as hitting a mailbox, rolling your car, hitting a parking meter, scraping a guard rail and crashing into a ditch. This coverage can be expensive, so consider dropping it from lower value vehicles. Another option is to choose a higher deductible in order to get cheaper collision rates.

Uninsured Motorist or Underinsured Motorist insurance

This protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. Covered losses include hospital bills for your injuries as well as damage to your Tesla Model S.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea.

Coverage for liability

Liability coverage protects you from damages or injuries you inflict on other’s property or people. This coverage protects you from claims by other people. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 100/300/100 that means you have a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.

Liability coverage protects against things such as bail bonds, medical services, attorney fees, repair costs for stationary objects and loss of income. How much liability should you purchase? That is your choice, but you should buy as much as you can afford.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like hitting a deer, damage from getting keyed, hitting a bird and vandalism. The maximum amount your insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses such as nursing services, rehabilitation expenses, chiropractic care and prosthetic devices. The coverages can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. Personal injury protection coverage is not an option in every state and may carry a deductible

Have money to burn

Budget-conscious 2017 Tesla Model S insurance can be sourced on the web as well as from insurance agents, and you should compare rates from both in order to have the best chance of saving money. A few companies may not provide rate quotes online and usually these smaller providers prefer to sell through local independent agencies.

When buying insurance coverage, it’s a bad idea to buy lower coverage limits just to save a few bucks. There are too many instances where consumers will sacrifice liability limits or collision coverage and learned later that the small savings ended up costing them much more. The proper strategy is to purchase plenty of coverage for the lowest cost, but don’t skip important coverages to save money.

We’ve covered many ideas to shop for 2017 Tesla Model S insurance online. The most important thing to understand is the more rate comparisons you have, the better your chances of lowering your rates. You may even discover the biggest savings come from some of the lesser-known companies.

Much more information about insurance coverage can be read at the links below