2018 Tesla Model S Insurance Rates – 5 Tips for Best Quotes

Finding budget auto insurance may at first seem to be somewhat difficult for vehicle owners who are new to buying their auto insurance over the internet. With so many agents and insurers available, how can you have a chance to compare every company in order to find the cheapest price possible?

Compare quotes for insurance coverage

Many insurance companies provide coverage prices directly from their websites. Doing online quotes is fairly straightforward because you just enter as requested by the quote form. Upon sending the form, their rating system requests your credit score and driving record and gives you a price quote based on these and other factors.

This simplifies rate comparisons, but the process of having to visit each company’s website and repetitively type in the same information can get tiresome after awhile. But it’s also necessary to compare as many rates as possible if you want to find better insurance coverage pricing.

A better way to find cheaper rates uses one form to obtain quotes from a lot of companies. This type of form saves time, requires less work, and makes quoting online much more efficient. As soon as the form is sent, it is quoted and you are able to buy your choice of the returned quotes. If a lower price is quoted, you can simply submit the application and purchase the new policy. This process takes just a few minutes to complete and you will know how your current rates stack up.

To quickly fill out one form to compare multiple rates now, click here and complete the simple form. To compare your current rates, we recommend you complete the form with deductibles and limits exactly as shown on your declarations page. This way, you will be getting a fair comparison for similar coverage.

You may qualify for discounts

Insurance can cost an arm and a leg, but you may be missing some discounts that could help you make your next renewal payment. Certain reductions will be credited when you complete an application, but some discounts are required to be specially asked for before you get the savings.

  • Claim Free – Insureds who avoid accidents and claims pay less in comparison to frequent claim filers.
  • Smart Student Discounts – Performing well in school can be rewarded with saving of up to 25%. This discount can apply up to age 25.
  • E-sign – A few larger online companies give back up to $50 get car insurance on the internet.
  • Save with More Vehicles Insured – Having multiple vehicles with one company could earn a price break for each car.
  • Policy Bundle Discount – If you can bundle your home and auto insurance with the same insurance company you will save at least 10 to 15 percent or more.

We need to note that most credits do not apply to the overall cost of the policy. Most only cut the price of certain insurance coverages like collision or personal injury protection. Even though it appears adding up those discounts means a free policy, you’re out of luck.

A few companies who might offer most of the discounts above include:

It’s a good idea to ask every company which discounts can lower your rates. Some of the earlier mentioned discounts might not be offered on policies in your area. If you would like to view insurance companies that offer some of these discounts, click this link.

There’s no such thing as the perfect auto insurance policy

When choosing adequate coverage for your personal vehicles, there really is no one size fits all plan. Every situation is different.

For example, these questions can help discover if your insurance needs would benefit from an agent’s advice.

  • Do I need higher collision deductibles?
  • How do I buy GAP insurance?
  • What if I don’t agree with a claim settlement offer?
  • Is my custom paint covered by insurance?
  • Do I need PIP coverage since I have good health insurance?
  • How many claims can I have before being cancelled?
  • Do I really need UM/UIM coverage?
  • Do I have coverage when pulling a U-Haul trailer?
  • Do I need added coverage for expensive stereo equipment?

If you don’t know the answers to these questions but a few of them apply, you might consider talking to an insurance agent. To find lower rates from a local agent, simply complete this short form.

Ads can be misleading

Companies like State Farm and Allstate continually stream television, radio, and online ads. All the companies convey the message that you can save just by switching your coverage to them. How do they all claim to save you money? It’s all in the words they use.

All the different companies have specific characteristics for the type of customer they prefer to insure. An example of a desirable insured might be described as over age 30, carries full coverage, and has a high credit rating. Anybody that fits those parameters will probably get cheap prices and is almost guaranteed to save when they switch companies.

Insureds who cannot meet the ideal profile will be charged higher premiums and this can result in business not being written. If you listen closely, the ads state “people who switch” not “everyone that quotes” will save that much if they switch. That’s why companies can truthfully make the claims of big savings. This emphasizes why you really need to compare price quotes frequently. It’s just too difficult to predict which insurance companies will have the best car insurance rates for your profile.

Insurance coverage considerations

Understanding the coverages of a insurance policy aids in choosing the best coverages and proper limits and deductibles. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage pay for bills such as surgery, rehabilitation expenses, dental work, ambulance fees and nursing services. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants in addition to 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

Comprehensive coverage

Comprehensive insurance pays for damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things like damage from flooding, a broken windshield, hitting a bird, theft and vandalism. The most a insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Liability insurance

Liability insurance will cover damages or injuries you inflict on other’s property or people that is your fault. It protects YOU from claims by other people. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability insurance covers claims such as bail bonds, court costs and attorney fees. How much liability should you purchase? That is a decision to put some thought into, but consider buying as large an amount as possible.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family.

Collision coverage

This pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for things like colliding with a tree, damaging your car on a curb and rolling your car. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. Another option is to bump up the deductible in order to get cheaper collision rates.

Better coverage you can count on

When you buy car insurance online, do not buy poor coverage just to save money. Too many times, consumers will sacrifice liability limits or collision coverage and discovered at claim time that the savings was not a smart move. Your goal should be to purchase plenty of coverage at the best cost, but do not skimp to save money.

In this article, we presented a lot of information how to reduce 2018 Tesla Model S insurance premium rates online. The key thing to remember is the more providers you compare, the better your comparison will be. Drivers may discover the lowest premium rates come from a company that doesn’t do a lot of advertising.

People switch companies for a number of reasons such as not issuing a premium refund, high rates after DUI convictions, poor customer service or even extreme rates for teen drivers. It doesn’t matter what your reason, choosing a new insurance company can be easier than you think.

Additional insurance coverage information is located at these links: