26LRAWD
New member
- Joined
- Apr 12, 2025
- Messages
- 10
- Reaction score
- 6
Stop! Do not read this if you are paying too much for insurance, you will not like my reason and you will insist that your state costs more than the mess we deal with in the DMV DC/Maryland/ Virginia traffic. I’m not trying to dunk on you, I’d like you to pay less and get better coverage.
Other common excuses:
“I’ve been with my insurance company for 20 years, no tickets, no accidents, EV’s just cost more to repair.
Let’s unpack that, insurance companies are not your friend, there are no benefits to being long term customers, they lower your coverages and raise your rates slowly over time, just a bit, not enough to make you switch but they give the game away in their commercials “switch and save”. I know its a bit of a hassle but if you’ve been with the same insurer longer than 3 years I promise you are paying too much for poor coverage and high deductibles.
Tesla’s DON’T cost more to repair. Yes, its true that when they first launched and shops were unfamiliar and parts were scarce they probably did, just like when Ford trucks changed to aluminum bodies in 2017, there was a period of transition where finding a body shop that was comfortable repairing aluminum panels was a thing and they just replaced parts, that has changed, its no longer a big deal, repairers have adapted. If you’ve got a trim panel tool and a 10mm socket you can do a lot on a Tesla. Battery cost if damaged in an accident is no different than an engine replacement cost.
High deductibles are not your friend, you are setting yourself up for failure by not choosing low deductibles. Not choosing Full Glass Coverage is setting yourself up for failure. You choose (or more accurately) don’t choose these things to get yourself a lower rate when you should focus on the real reasons your insurance rates are high.
So, here’s what happens on the internet, someone says “I pay xxx a month”, someone else says “holy crap, I pay xxx a month”, someone else says “dang, who are you with, I’m paying too much” someone else says “well my state is different, the drivers here are crazy” and you never get the chance to do a true comparison because none of those people tell you the full story. The internet winner says he pays an amazing xxx a month but doesn’t tell you he has $2,000 dollar deductibles and the bare minimum coverage.
None of these posts are helpful and they contribute to FUD, Fear, Uncertainty, Doubt. If you are a true believer in creating a sustainable future, you aren’t helping. You are scaring people away. I understand the game and I even almost talked myself out of buying a Tesla reading some of this nonsense.
Then there is the full conspiracy grab-your-tin-foil-hat style FUD. A lot of people have a vested interest in crushing Tesla. If you don’t believe me see how the big 3 treated: Tucker, AMC, the Electric Vehicle Company, Excaliber, Hudson, Nash, Packard, Studebaker, etc. Why wouldn’t they post derogatory information wherever possible? The attacks about FSD are about to go off the charts.
“So, smart guy, what’s the secret to lower insurance costs? Give me the TLDR answer”
Your FICO score sucks, your CLUE report sucks, your Lexus-Nexus report sucks. Fix it.
Order copies of all and get to work.
Since I said a lot up there, I’ll need to give you results and actual data so you can truly find out if I have a good insurance rate and it might be worthwhile believing me.
For reference I traded in a 2021 Hyundai Kona, Trim Ultimate MSRP $32,735 for a 2026 Tesla Long Range AWD, Quicksilver MSRP $52,380.
Totally makes sense that I should pay a higher rate for a more expensive car, that’s expected.
Exact same coverages resulted in a $19.61 a month increase.
I have a 12 month policy, I pay in full for the year so there’s a small discount for that included. The yearly rate for my 26 Tesla is $993.00. That equals $82.75 a month give-or-take because of that pay-in-full discount.
Let me say that again, 12 month policy…$82.75 a month. With $50 dollar deductibles.
But wait, you probably want to know my coverages right? Smart of you.
See Photo
Other common excuses:
“I’ve been with my insurance company for 20 years, no tickets, no accidents, EV’s just cost more to repair.
Let’s unpack that, insurance companies are not your friend, there are no benefits to being long term customers, they lower your coverages and raise your rates slowly over time, just a bit, not enough to make you switch but they give the game away in their commercials “switch and save”. I know its a bit of a hassle but if you’ve been with the same insurer longer than 3 years I promise you are paying too much for poor coverage and high deductibles.
Tesla’s DON’T cost more to repair. Yes, its true that when they first launched and shops were unfamiliar and parts were scarce they probably did, just like when Ford trucks changed to aluminum bodies in 2017, there was a period of transition where finding a body shop that was comfortable repairing aluminum panels was a thing and they just replaced parts, that has changed, its no longer a big deal, repairers have adapted. If you’ve got a trim panel tool and a 10mm socket you can do a lot on a Tesla. Battery cost if damaged in an accident is no different than an engine replacement cost.
High deductibles are not your friend, you are setting yourself up for failure by not choosing low deductibles. Not choosing Full Glass Coverage is setting yourself up for failure. You choose (or more accurately) don’t choose these things to get yourself a lower rate when you should focus on the real reasons your insurance rates are high.
So, here’s what happens on the internet, someone says “I pay xxx a month”, someone else says “holy crap, I pay xxx a month”, someone else says “dang, who are you with, I’m paying too much” someone else says “well my state is different, the drivers here are crazy” and you never get the chance to do a true comparison because none of those people tell you the full story. The internet winner says he pays an amazing xxx a month but doesn’t tell you he has $2,000 dollar deductibles and the bare minimum coverage.
None of these posts are helpful and they contribute to FUD, Fear, Uncertainty, Doubt. If you are a true believer in creating a sustainable future, you aren’t helping. You are scaring people away. I understand the game and I even almost talked myself out of buying a Tesla reading some of this nonsense.
Then there is the full conspiracy grab-your-tin-foil-hat style FUD. A lot of people have a vested interest in crushing Tesla. If you don’t believe me see how the big 3 treated: Tucker, AMC, the Electric Vehicle Company, Excaliber, Hudson, Nash, Packard, Studebaker, etc. Why wouldn’t they post derogatory information wherever possible? The attacks about FSD are about to go off the charts.
“So, smart guy, what’s the secret to lower insurance costs? Give me the TLDR answer”
Your FICO score sucks, your CLUE report sucks, your Lexus-Nexus report sucks. Fix it.
Order copies of all and get to work.
Since I said a lot up there, I’ll need to give you results and actual data so you can truly find out if I have a good insurance rate and it might be worthwhile believing me.
For reference I traded in a 2021 Hyundai Kona, Trim Ultimate MSRP $32,735 for a 2026 Tesla Long Range AWD, Quicksilver MSRP $52,380.
Totally makes sense that I should pay a higher rate for a more expensive car, that’s expected.
Exact same coverages resulted in a $19.61 a month increase.
I have a 12 month policy, I pay in full for the year so there’s a small discount for that included. The yearly rate for my 26 Tesla is $993.00. That equals $82.75 a month give-or-take because of that pay-in-full discount.
Let me say that again, 12 month policy…$82.75 a month. With $50 dollar deductibles.
But wait, you probably want to know my coverages right? Smart of you.
See Photo
