Tesla Insurance - Why I Switched & What It's Like

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  • เผยแพร่เมื่อ 26 ส.ค. 2024

ความคิดเห็น • 408

  • @TeslaJoy
    @TeslaJoy  4 ปีที่แล้ว +15

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    • @TechForumTesla
      @TechForumTesla 4 ปีที่แล้ว

      Hey Joy,
      Shoot me an email. I have a question for you matts@lhaservice.com

    • @2059008jc1
      @2059008jc1 4 ปีที่แล้ว

      Joy can you do a video on how to change the language on the screen . I think that would be fun to watch

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      It’s in this video: th-cam.com/video/FCim9tnf9OE/w-d-xo.html

    • @rxdude5858
      @rxdude5858 4 ปีที่แล้ว

      Tesla Joy I also signed up for the Tesla insurance, my premium is $566 for 6 mos. Joy, you should change your liability coverage to 25,000/50,000 and 25,000 to pay a lot less than your current premium. Just my humble suggestion 😄😄

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      Nice, Vincent! I’ve always had the same coverage for all my cars and this is what I’m comfortable with, so I’m keeping it. 😊

  • @marcoosorionieves7632
    @marcoosorionieves7632 4 ปีที่แล้ว +30

    I love your honesty and humbleness correcting the things you said wrong with the support of subtitles, very good!

  • @electricinvestor402
    @electricinvestor402 4 ปีที่แล้ว +103

    Insurance companies are here to make money, NOT to be our friends... 😤 state farms are not your good neighbors, and Progressive is Progressively increasing my rates...
    you would think that after spending over 1 Billion in advertising, Geico would have enough business to pass savings to customers.... 👎🏻
    Insurance companies spend over 9 Billion Dollars combined in advertising 🤯
    I AM READY FOR #teslainsurance in all states! 🙏🏼

    • @haywoodjablome234
      @haywoodjablome234 4 ปีที่แล้ว +2

      Musk Save World One Tesla at the time and you're saying that his front or carrier doesn't want to make $$. These are not non-profits.

    • @qidongxu7339
      @qidongxu7339 4 ปีที่แล้ว +2

      My friend's car was hit by other car which was covered by Progressive. Progressive simply refused to pay my friend, and even stopped responsing. What a sucky company.

    • @haywoodjablome234
      @haywoodjablome234 4 ปีที่แล้ว

      Qidong Xu two sides to every story......he said, she said.

    • @marcoosorionieves7632
      @marcoosorionieves7632 4 ปีที่แล้ว +1

      Insurance companies are the worst mistake United States has created.

    • @WestCoastAce27
      @WestCoastAce27 4 ปีที่แล้ว +1

      Very true. I have Geico now; just did a quote for a Model 3 as my lease on my GLA250 is about to expire. I have a clean driving record; only drive 4 miles to work each way, 6000 mi/yr - they want almost double! Ridiculous.
      When the China Virus is beaten, the DoJ should look into Racketeering charges against the auto insurance companies. It's obvious from all the stories the companies are all gouging Tesla drivers due to the popularity of the car.

  • @thesurvivalist.
    @thesurvivalist. 4 ปีที่แล้ว +42

    When I get my Cybertruck in 21, I hope they have gone nationwide by then!

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว +3

      🤞

    • @ADOS_DSGB
      @ADOS_DSGB 4 ปีที่แล้ว +5

      It doesn't go into production until the end of 21. so you looking at getting near the end of 22.

    • @real3loosh
      @real3loosh 4 ปีที่แล้ว +1

      Same Dude, I ordered mine and I'm ready to use the Tesla Insurance here in New York

    • @ADOS_DSGB
      @ADOS_DSGB 4 ปีที่แล้ว +2

      @Es1911sumware the website says Production starts at the end of 2021.

    • @danielagrc
      @danielagrc 3 ปีที่แล้ว +1

      How much do you think the cybertruck insurance would be ?

  • @frede3921
    @frede3921 2 ปีที่แล้ว +1

    Great information thanks for the video 👍🏾

  • @davidvonch8223
    @davidvonch8223 4 ปีที่แล้ว +13

    Joyce i have watched this three times. You are awesome.

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว +3

      Thank you David! And it’s Joy not Joyce, by the way. 😉

  • @AirGtr
    @AirGtr 4 ปีที่แล้ว +3

    Same here. I had and have GEICO for my Ford Flex and Ford Focus. I pay $170/mo. for three drivers. They wanted and additional $265/mo just got the Tesla!!!! Tesla coverage just for the Tesla is $124/mo. So I keep GEICO for the two cars and have TESLA just for the model 3. Tesla all around is GREAT!! Wonderful to work with..

  • @nurifit5179
    @nurifit5179 4 ปีที่แล้ว +4

    VERY informative video. I probably speak for everyone when I say, we appreciate all of your hard work making this video❤️

  • @machmach5006
    @machmach5006 4 ปีที่แล้ว +12

    8:16 Elite Driver Discount is applied for ppl with zero Violation Points and zero Accidents on their record.

  • @jeep128
    @jeep128 ปีที่แล้ว +1

    Great video and once again very informative

  • @TennisHeartbeat
    @TennisHeartbeat 2 ปีที่แล้ว +2

    Great video, I am exactly in your situation I have been with GEICO for 16+ years and no other insurance beats their price. Now, I found out Tesla Insurance would save be $$ however, if I remove my Tesla from current insurance my gas car will not have a multi-car discount and I compared it with it, and found out if I switch it will not make any difference for me. Looks like you don't have another car so, it was a smooth transition to Tesla Insurance. :)

    • @TeslaJoy
      @TeslaJoy  2 ปีที่แล้ว

      Also ask Tesla about multiple car discount.

  • @informing_
    @informing_ 4 ปีที่แล้ว +19

    Tesla is the future

  • @PeterJames143
    @PeterJames143 4 ปีที่แล้ว +1

    Thanks for describing all of these details. I was so interested in Tesla financing and Tesla insurance and as far as I know you are the only one to break down all these prices and the processes of how you do all this. Even the chargers. Thanks. Only you have done all this, really appreciate it.

  • @photofusionart
    @photofusionart 2 ปีที่แล้ว +1

    Great info. Thanks a bunch.

  • @gregthesplintercell
    @gregthesplintercell 4 ปีที่แล้ว +10

    When the hell does this Tesla insurance come to NYC?

  • @chrisluke2264
    @chrisluke2264 3 ปีที่แล้ว +1

    Joy, your video is informative from a consumer point of view. You have done good research. My first comment is that your coverage limits are low for liability and property damage. I have noticed that many people that used companies like Geico and Progressive have lower limits. In many cases people go with the cheaper premium which is lower coverage. This happens a lot when buying online and they don’t understand insurance. In my opinion these companies like it this way because it minimizes claim payout. They spend the savings on advertising to get more clients. If you never have a claim this is fine. But one serious claim and someone can take your house and 401k. Once again, nice job on your video. I plan to check out your other videos.

  • @markymarknj
    @markymarknj 2 ปีที่แล้ว +1

    The "in network" option is great that it includes Enterprise Rent-a-Car. Unlike other car rental companies, Enterprise built its business model around insurance accident replacement. As a result, many neighborhoods have an Enterprise office. I'd say that the Tesla Insurance is worth it right there.
    It's also good that Tesla is offering insurance because legacy insurance carriers don't understand EVs, so their prices and coverages aren't helpful. Their policies also cost a lot. My brother had considered a Model X for him and his family, but he opted for an ICEV instead. One reason he gave me was that insurance on the Tesla Model X would've been three times more expensive.

  • @austonaaron
    @austonaaron 3 ปีที่แล้ว +2

    I have USAA or should I say I used to have USAA for years. I quoted my Model Y LR AWD and got quoted $1450/6 months. Switched to Tesla insurance and was quoted $720/ 6 months. No thinking required! Tesla Insurance all the way!

    • @blakeogeris2494
      @blakeogeris2494 3 ปีที่แล้ว

      I just got a quote.. they told me 160 a month. I will give Tesla's insurance a call

  • @machp3d36
    @machp3d36 4 ปีที่แล้ว +7

    Thank you for this video, I switched over right after I watched your video. Went from Costco Ameriprise to Tesla insurance lowered my monthly over $100 for me here in SoCal.

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      Wow! Nice!

  • @TheTonyAndreas
    @TheTonyAndreas 3 ปีที่แล้ว +3

    Thank you for the info! I need to switch!

  • @johnchigur7706
    @johnchigur7706 4 ปีที่แล้ว +13

    Hi Joy. I own an insurance agency in NJ. In seeing your policy you should look into your “uninsured motorist property damage coverage” and it being only $3500. That would cover the repairs or replacement of your Tesla should you get into an accident with someone who is at fault but doesn’t have insurance. I don’t know if $3500 is the max that Tesla offers or it is the max on California insurance policies but if you can increase that you should. It shouldn’t cost much and unfortunately there are too many people who drive without insurance. In NJ I carry $100k for that and it’s only $30 more a year than if I had the state minimum of $5k.
    And one more suggestion -
    Lower your “other than collision” deductible to $100 - you’ll notice collision w/ $500 deductible is costing $615 a year and other than collision is only $129 a year. Lowering other than collision to $100 should not increase your premium by much. The reason to do that is because glass damage is covered under “other than collision”. And we know how expensive the windshields on Tesla’s are along with all the glass roof, etc. As it is now you would need to pay the $500 before insurance pays for replacement of any glass. So may want to see what lowering to $100 deductible would cost.. I’m guessing it would be another $50 a year at most.
    Anyways, you prob know all this already but just thought I’d make sure. And please keep up the great videos!

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว +1

      Thanks. That $3500 is the only option available. Previously with GEICO and Clearcover they didn’t even have that option whatsoever so Tesla Insurance is a step up from those.

    • @travisli-rufus1949
      @travisli-rufus1949 4 ปีที่แล้ว

      So there is still people driving without insurance? Then why do we have to buy insurance?

    • @johnchigur7706
      @johnchigur7706 4 ปีที่แล้ว +1

      Travis Li - Rufus unless they are self insured then they’re driving illegally by being uninsured. Here in NJ you have to carry Liabilty coverage to register a car for road use. If your insurance cancels, then the NJ DMV is notified by the insurance carrier and the registered owner of the car will get their license and registration suspended unless they can show proof of an active insurance policy on the vehicle. As an agent, believe me, I still see my fair share of clients involved in accidents with people driving illegally uninsured, as well as people asking to purchase insurance for vehicles they’ve owned but we’re driving uninsured and are trying to avoid license and registration suspensions. Most likely these people are repeat offenders and I’ll usually give them one chance to purchase and maintain their policy.. after one cancel and they call again, I tell them to call Geico.

    • @johnchigur7706
      @johnchigur7706 4 ปีที่แล้ว +1

      Daniel Brice unfortunately it is the reality of driving your car on the public roads today. You may do what is legally required to do so but many don’t. This is why you need to make sure your own insurance protects you from damages caused by uninsured drivers. Insured drivers that are not at fault are more and more often involved with a driver that is at fault but is uninsured... and if you don’t have the proper coverage on your policy to cover that type of loss .. well then your s.o.l

    • @morenitanegrita8793
      @morenitanegrita8793 4 ปีที่แล้ว

      John Chigur See, that $3500 UIM freaks me out as well! I went ahead with a Tesla policy but I’m in Los Angeles, ground zero for illegal immigrants driving POS cars (who take off when they hit someone). Your comments are spurring me to call Tesla and get some answers on why it’s such a low amount.

  • @leonxu8952
    @leonxu8952 4 ปีที่แล้ว +2

    Nice to know your experience with tesla insurance. I did the same couple days after Tesla announced their insurance availability in California. I got very good quote. However, when I called Tesla Insurance to add my wife in, the price was almost doubled. Both of us have over 20 years driving experience without any claim. It became too expensive, I then canceled it.

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      Yikes!

    • @leonxu8952
      @leonxu8952 4 ปีที่แล้ว

      Tesla Joy how much increase when you added another diver via phone? When I told this to my insurance company, they said that tesla insurance must did something wrong.

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      @@leonxu8952 I don't have another driver so I don't know how much they charge.

    • @zebrapleco7895
      @zebrapleco7895 2 ปีที่แล้ว

      @@TeslaJoy it could be due to something completely irrelevant like his wife’s credit score or credit history for example. My auto insurance rates doubled after a bankruptcy 8 years ago and have never gone back down.

  • @Direct-Profile-21
    @Direct-Profile-21 4 ปีที่แล้ว +1

    Congrats on the purchase of your new Tesla Model 3! I can sympathize with you having to call around to ensure you are getting the best rate for your auto insurance. Any consumer, including myself should periodically check rates with other insurance carriers to make sure you are getting a competitive premium. But, I want to clarify a few points you made regarding your previous insurance carrier GEICO and your new insurance with Tesla.
    1) You stated you were "forced to purchase an optional coverage" with GEICO. It sounds like the coverage you're speaking of is MBI (Mechanical Breakdown Insurance) and it is OPTIONAL. Sounds like a hard sell by the agent quoting you and all auto insurance companies offer the same coverage but just call it a different name. Just say NO thanks next time. Tesla has a great warranty.
    2) Your premium increased "for no good reason" which unfortunately will happen when you add a new vehicle to your policy. Tesla or not, your premium for adding a newer vehicle that is replacing an older one on your policy will change your rate.
    3) Tesla Insurance Services is really just that. Just a SERVICE. In reality, your actual insurance company is State National Companies. They are benefiting by using Tesla's brand name to increase policy holders and Tesla is not responsible for your claim or servicing your policy with State National Companies. Win-Win for them. How good they really are will come down to their service and claims handling.
    Not sure saving a couple bucks in the long run will be worth the hassle when your insurance company disappoints you. I happens to all of us unfortunately.
    Let us know how it goes after your next renewal!

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      That’s why Tesla used their Fronting service as I mentioned in the video.

  • @terryterry1655
    @terryterry1655 4 ปีที่แล้ว +2

    Such a joy to watch

  • @veronicaacosta6577
    @veronicaacosta6577 4 ปีที่แล้ว +1

    When I got my Model 3 last September, your videos helped me a lot in making the decision to continue my purchase (I was going back and forth between the Model 3 and Lexus). So when I took delivery of my red Model 3, I switched from one of the big insurance companies (Farmers) to Tesla insurance which was like night and day. Farmers cost me $2750 a year ($229/mo) and Tesla cost ($126/mo) and had much higher coverage than farmers. Watching your video helped make the switch. Thank you!
    On another note, there aren't very many channels out there with women Tesla owners who actually educate and provide information that are very practical. Your channel is nice and simple, focusing on the information rather than graphic noise, and you speak slowly so that helps people like me (and I'm sure other others especially those whose first language is not English) understand the sequence of thought and thoroughly understand all the info provided. Keep the videos coming! Best wishes, Veronica.

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      Thank you for your feedback Veronica! I am so happy to hear my videos have helped you. That’s the whole reason I started my channel. 😁

  • @geoyoshinaka5251
    @geoyoshinaka5251 4 ปีที่แล้ว

    Sure hope that TESLA will not only go nationwide, but worldwide in the near future! Thanks for the preview in TESLA insurance and the in-depth follow-up!

    • @leecard3497
      @leecard3497 4 ปีที่แล้ว +1

      Geo Yoshinaka With the NEW lowered price on the S.€.X models and the recent release of the model Y along with the deadass CYBERTRUCK on the horizon, my man ELON is ushering a new COOL wave into the world & redefining the industry. I very much hope that he is able to do the same with TESLA insurance, hopefully worldwide, or at least in NYC ASAP!!!

  • @pete686
    @pete686 4 ปีที่แล้ว

    I have two Tesla’s a Model S and Model X with AllState Insurance. My premium is $825 for six months. My front end was hit by a deer on the highway and the repair process was very easy. I live in NC.

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      Thanks for sharing!

  • @mshell1959
    @mshell1959 2 ปีที่แล้ว +1

    Hi Joy! I love your channel. Great analysis and info. Do you have any updates re the Tesla insurance. I'm waiting on my VIN here in LA and comparing insurance companies.

    • @TeslaJoy
      @TeslaJoy  2 ปีที่แล้ว

      Thank you! I don’t have any updates on it since I haven’t had a need to use it. 😄

  • @elontess
    @elontess 2 ปีที่แล้ว

    Very informative,thx!

  • @chidude
    @chidude 4 ปีที่แล้ว +1

    Years ago I responded to an offer to get a quote from Geico; it was supposed to be a favorable rate for engineers. After spending a lot of time answering all their questions they would not provide a quote because nearly 5 years prior I had a no-fault accident. A few months later I went through the quote process again but did not mention the accident. Their rate was extremely higher than what I already had. I've used State Farm and AllState, but they have played games where they refuse to pay valid claims. I was with NationWide for a good while; they were low cost but eventually those rates creeped up. Finally I switched to Progressive and that has worked well with lower rates; I have not had any claims, and since my vehicles were quite old I just carried liability insurance. When I switched to a Tesla Model 3 this spring, the Progressive insurance only went up about $20-30 per six months, and that was because I added comprehensive insurance with the highest deductible, just in case of catastrophic loss. My current renewal rate is $247 for six months.

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      Wow that is really low!

    • @haywoodjablome234
      @haywoodjablome234 4 ปีที่แล้ว

      Tesla Joy much if it depends on his record and where car is principally garaged. Plus, it doesn't sound like he carries " collision" which is typically more expensive than just comprehensive.

  • @markfox3083
    @markfox3083 4 ปีที่แล้ว +2

    Great information. Thanks again, Joy.

  • @tam8479
    @tam8479 2 ปีที่แล้ว +1

    Both my cousin and I just received our Tesla Y. Between the 2 cars with 2 separate policies, we re saving over 1k in premium a year. My cousin already switched from her previous insurance company. I'm a bit on the fence bc my I have 4 policies with my current insurance co. Including 1 auto and multiple homes etc. My main concern is how will Tesla Ins Service handles claims when they can barely take phone calls. It took me almost an hour just to get help with a quote compared to no wait time with my current insurance. Would love to get feedback from people who have already filed for claims. Thanks!

  • @spacewiz163
    @spacewiz163 3 ปีที่แล้ว

    As a new driver this helps me decide. Thank you 🙂

  • @supertesla19
    @supertesla19 4 ปีที่แล้ว +9

    I want Tesla insurance. I hope they offer it soon here in Texas.

    • @3pac1995
      @3pac1995 4 ปีที่แล้ว +1

      U can't own a tesla in Texas. The big oil industry has a lot of "friends" in the white house. An Texas has oil an Tesla is cutting their product which they don't like.

    • @supertesla19
      @supertesla19 4 ปีที่แล้ว +7

      3pac1995 You are misinformed. You can own a Tesla in Texas. I live in Texas and I own a Model 3. There are plenty of Tesla vehicles in Texas.

    • @3pac1995
      @3pac1995 4 ปีที่แล้ว

      They probably changed the laws then. I work at tesla in Fremont an they literally told me that u can pass through Texas but I can't buy one in Texas. An I think Wisconsin idk bout the 2nd one but there is 2 states where I can't own a tesla an Texas is one of em

    • @supertesla19
      @supertesla19 4 ปีที่แล้ว +3

      3pac1995 You are correct about big oil here in Texas. Especially here in houston. We have a law where we can’t buy a car from Tesla directly at their show rooms, but you can order online. Some old dumb law that an auto manufacturer can’t sell directly to consumers.

    • @jago09
      @jago09 4 ปีที่แล้ว +2

      I don't see why not. Texas, much like CA and NV, will be ever more important as they are potentially planning a gigafactory there

  • @lupitamillan5370
    @lupitamillan5370 4 ปีที่แล้ว +2

    Thank you for this video.

  • @ready2ridef4i20
    @ready2ridef4i20 4 ปีที่แล้ว +7

    I have USAA insurance and it has been the best insurance I have had. I tried Geico because it was cheaper but was the worst insurance in my experience. There are fine until you have an accident and you need them. An insurance is worthless if can't rely on them when you need them.

    • @xipkore
      @xipkore 4 ปีที่แล้ว

      yup me too

    • @TimZ007
      @TimZ007 4 ปีที่แล้ว

      Amica is cheap and decent as well

  • @Bgriffin2414
    @Bgriffin2414 4 ปีที่แล้ว +6

    I’m getting USAA and they quoted me at 36 per month for limited coverage and 80 per month for full coverage on my model 3

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว +2

      Nice! I wish I could get USAA.

    • @Bgriffin2414
      @Bgriffin2414 4 ปีที่แล้ว +1

      Tesla Joy is it not in your area? Or does usaa only cover military families?
      But when the insurance guy said 36 I almost dropped dead. He was like this is the lowest I’ve ever seen haha

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว +1

      Yup it’s for military only.

    • @t.wynderogriffin798
      @t.wynderogriffin798 4 ปีที่แล้ว +1

      Damn lol

    • @toonsish
      @toonsish 4 ปีที่แล้ว

      Without the vin my quote for usaa (on parents insurance) was 200 month. Full coverage

  • @rkoby42
    @rkoby42 4 ปีที่แล้ว

    I have Mercury Insurance. Live in California. I had a Mercedes E350 for which the insurance was $541 for 6 months. When i bought my Tesla Mercury increased my premium to $926/month. That is a 71% increase which seems absurd to me. I checked with Geico and the quote was even higher. So i am not sure where you all are getting these quotes that are lower. I went onto the Tesla site and was quoted for equivalent coverage $101.39/month or $608.34 for 6 months. Mercury has given me great service over the years, but i have to say that the struggle to get a decent quote from them with the Tesla which has gone around 3 rounds now is puzzling and the result is still way high in my view. I live in South Orange County, CA which i would think the rates would be less than LA.

  • @PeanutButterVibes
    @PeanutButterVibes 2 ปีที่แล้ว

    It sucks how I can’t get a quote for Tesla insurance until almost delivery day! I’ve been with AAA for 10 years. They’re also increasing my premium and they quoted me $280!!! 🤯🤯

  • @renebergqvist599
    @renebergqvist599 4 ปีที่แล้ว +4

    US insurance is expensive.
    I pay 900 USD per year for a LR awd in Denmark and we are a high cost of living country.
    We can also get Tesla insurance but it is 1300 USD per year.
    Really surprised that US is so expensive.

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว +1

      It’s more expensive because we have a lot more cars on the street than in Denmark (bicycles). Chances of accident is much higher.

    • @6681096
      @6681096 4 ปีที่แล้ว +2

      We have a lot of bad drivers. It's very easy to get a driver's license and with a lot of people playing on their phones while driving. The highway patrol focuses almost exclusively on speeding as it's a much easier part of their job. Weave in and out, tailgate, drive recklessly :no problem in the USA.

  • @tennista1677
    @tennista1677 4 ปีที่แล้ว +2

    I bought insurance for my Tesla Model 3 last December, after 2 weeks I added my wife into the policy and they add $75.00/month into the policy, is this correct. Does anybody have multiple driver into their policy?

  • @bh9262
    @bh9262 2 ปีที่แล้ว

    How is Tesla's claim service and experience? How well can they protect your legal needs, at no additional cost like some of the big-time insurance players? It's not all about saving money. Do these rate comparisons include the same coverages and limits? Same policy language for comparison? What do they owe you? Do they grantee repairs, and for how long? Did you check their rating score with the insurance rating bureau like AM best and others?

    • @TeslaJoy
      @TeslaJoy  2 ปีที่แล้ว

      Please Google those.

  • @prettybaby80
    @prettybaby80 4 ปีที่แล้ว +2

    128? I was paying more for an old Mercedes. That’s not bad at all . Have a beetle now at about 79 with clear cover

  • @elsawaaf
    @elsawaaf 2 ปีที่แล้ว

    I used to pay Gieco $140 a month for my Honda Accord insurance. Because I always like to plan ahead, I called Gieco and asked for a quote for my future Tesla model 3. Thier estmate was about $104. That was really excllenat news for me. Couple of weeks later I received delevery of my new Tesla. When called Gieco to buy the insurance. It was a huge surprise......$380 a month.....lol. But hey, I am not complaining. Thank you Gieco for forcing me to go with Tesla $106 a month insurance.

  • @Movie16Master
    @Movie16Master 3 ปีที่แล้ว

    Hey! Your story about Geico is the same as mine.
    I currently live in Kansas, so we don't have Tesla Insurance, but I have been curious about what it was like.
    Thank you for the video.

  • @ovid4
    @ovid4 4 ปีที่แล้ว +1

    I hope Tesla Insurance comes to Canada. One thing I want to check you on though. You mentioned the safety features and design as reasons for your premium to be lower. Insurance premiums in Canada is determined by ratings such as driving record, insurance history, commuting and territory. The vehicle rating is based on replacement costs and labour. Tesla’s are still very expensive to repair because of sensors/electronics and I believe their bodywork is aluminum? Very costly Joy, so even though the incident rating should be much lower because of the safety and autopilot, it will take time for that price to come down.
    Remember, tens of millions of ICE models are being rated with decades of history but Tesla still has less than a million vehicles on the road worldwide. It will take time but the premiums should eventually come down as more and more Teslas are on the road.

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      Watch this video: th-cam.com/video/H5P8UM6s1ys/w-d-xo.html

  • @nukem384
    @nukem384 4 ปีที่แล้ว +2

    Dang your insurance is still kind of expensive at $128/month with Tesla insurance. Mine works out to be about $71/month, but I suppose it's cause I have multiple policies like house, condo, etc all bundled. Probably the main reason I didn't exactly want to switch to Tesla insurance, but I did think about it. I'm surprised yours isn't lower with more years of driving experience (I'm assuming), but I suppose everyone's rates are different. Hopefully Tesla insurance works out for them and can be another revenue stream for them :)

    • @jacksongil9123
      @jacksongil9123 4 ปีที่แล้ว

      nukem384 who is your insurance provider?

    • @nukem384
      @nukem384 4 ปีที่แล้ว

      @@jacksongil9123 Mercury at the moment.

    • @nukem384
      @nukem384 4 ปีที่แล้ว

      @Optimistically Negative Totally understand. I would think ours would be close though? She lives is Socal, I live in Norcal, both not exactly cheap places to live. But literally every person has different rates based on numerous factors, so that's kind of a bummer hers is so much

  • @smartnfinal
    @smartnfinal 4 ปีที่แล้ว +3

    thank you for the explanation

  • @deep6thisdeep6this92
    @deep6thisdeep6this92 2 ปีที่แล้ว

    the savings potential should be massive. for example:
    i have four vehicles and can only drive one at a time. yet my multi-vehicle discount should amount to three free policies, but it's not even close. with teslas ability to monitor usage they can know for certain that i only drive one a time and should be able to provide a commensurate discount that reflects that.

  • @prettybaby80
    @prettybaby80 4 ปีที่แล้ว +1

    I have clear Cover now switching when I get my 3

  • @Pravin_Yeshua_BTC
    @Pravin_Yeshua_BTC 3 ปีที่แล้ว

    Thanks!! I hope it becomes available in Florida soon. Ready for my Y

  • @denwaxr
    @denwaxr 4 ปีที่แล้ว

    Make sure Tesla Insurance reports your coverage change to your mortgage company as well as CA DMV. I received a Notice of Intent of Suspension because the DMV didn’t receive the change and thought I wasn’t insured. Many other also had the issue. I had to call Tesla insurance for them to resubmit it so it’s possible they resolved it since; I was an early adopter.

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว +1

      They did. If you sign up prior to Oct 1 then there was a known glitch where DMV didn’t get notified because it’s so new. But for people who signed up after Oct 1 there shouldn’t be any issues.

    • @denwaxr
      @denwaxr 4 ปีที่แล้ว

      @@TeslaJoy great to hear

  • @jeffbransky7966
    @jeffbransky7966 ปีที่แล้ว

    I have been able to get a score of 100 several times. However, if I drive during rush hour like a normal human, it’s really hard to get a 100, partly because the distance between my car and the one in front needs to be unreasonably large for rush hour traffic. My latest gripe is that the collision avoidance distance requirement is overly sensitive. On a recent drive I was marked down for two collision avoidance alarms. In both cases I took my foot off the accelerator and the car easily stopped itself leaving about twenty feet between me and the car in front which was stopped at a red light. Come on Tesla. If you want me to maintain a greater gap, give me an early (gentle) warning ahead of time before I get too close to the car in front. How about a chime like the green light one instead of the blaring ah! ah !ah! you now have when it’s almost too late to stop?

  • @1000KNg
    @1000KNg 4 ปีที่แล้ว +1

    I got my Model 3 just 2 months ago, and added it to my current policy with Ameriprise. The 6-month premium of my Tesla Model 3 is $265.85.
    Recently I heard about Tesla Insurance. I checked it out today (8/24/2020) and tried to have its coverage as similar to my Ameriprise coverage as possible. Tesla quote was $108.36. Too good to be true, right?
    It is! What caused me to suspect is the wording of Tesla quote. Instead of the regular "Your premium is $108.36", their wording is something like this: "Your monthly rate for 6 months is $108.36". To clarify this, I called Tesla Insurance. While waiting for a Tesla agent, I looked at the top of the quote, and noticed that the above rate of $108.36 was also there, and next to it, there was a small “I" (information.) When I clicked on it, it displays this message: "The total premium for 6 month policy is $650.17."
    How could you say Tesla Insurance is great?! Am I missing something?

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      Everyone is different. It’s great for me and maybe not for you. That’s why you need to shop around and get quotes.

    • @1000KNg
      @1000KNg 4 ปีที่แล้ว

      @@TeslaJoy You and I happen to shop for auto insurance at the same insurance companies (Ameriprise and Tesla), which use an online system; therefore the way they give their quote to us has to be the same way.
      As I pointed out in my comment, instead of giving quotes for a 6-month premium, which is the convention of the insurance industry, their system gives consumers a quote for a monthly rate. I think this is very misleading! I almost fell for it! Buyers be aware!
      Are you sure you're getting what you think you are?

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      Actually they are different. Insurance is different for everyone. You and I may want different coverages and have different driving record. No two person is the same.

  • @shirloh
    @shirloh 4 ปีที่แล้ว +4

    Thank you again for sharing! I checked Progressive and they were charging me double the price that Tesla was charging. Progressive is good but not when it came to purchasing a Tesla. Please share an update in the future!

  • @bigstick8699
    @bigstick8699 3 ปีที่แล้ว +1

    Great video without all the fluff!

  • @chana70
    @chana70 4 ปีที่แล้ว +11

    Getting another Tesla As a rental is enough for me to switch as the premium seems to be in line with Costcos auto insurance program.Cant wait for Tesla Insurance to show in Florida.

  • @LinhTran-fp9ii
    @LinhTran-fp9ii 3 ปีที่แล้ว

    I was in a car accident last year. I filed a claim with Tesla insurance and showed them pictures and proof it was not my fault.
    The person that hit my car had Geico insurance. And she denied hitting into my car.
    And Geico had her side of course.
    So I told Tesla insurance that it was not my fault and she had to pay for the damages.
    This was Tesla’s insurance words ... “ I can not force her to say yes and fix the damages”.
    I called Tesla insurance later on telling them about the problem. They said they would transfer me and then just hung up.
    You don’t know how good an insurance is until you been in an accident and realize they’re not there for you. 😢

  • @WestCoastAce27
    @WestCoastAce27 4 ปีที่แล้ว

    Great job Joy. Encouraging news. Geico quoted me almost double (clean record, 6k miles per year, in SoCal like you) over my GLA. Going to lease a 3 in June. Ridiculous - would totally offset the gas savings. Will contact Tesla once the world is back to normal.

  • @hiirie
    @hiirie 4 ปีที่แล้ว

    I switched to Tesla Insurance and definitely like the savings. Tesla Joy, have you heard about Tesla owners getting notices of Suspension on their registration? I just received a notice after having insurance with Tesla since the day I bought it and now must deal with getting my insurance coverage verified with the DMV in the state of California.
    Thought I would bring it up since I haven’t seen much coverage on this via TH-cam. Might also be good for others to know what their getting into when purchasing Tesla insurance.

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว +1

      Yes! I got mine last week. I called Tesla Insurance before I got this notice after others told me about this notice. DMV hasn’t included Tesla on their list yet. If you do a search of electronic notification insurance carriers to DMV, they are not on it as it’s a new insurance brand. However, DMV has a special process set up with Tesla Insurance for those who received this notice. All you have to do is call Tesla Insurance and email them a photo of this notice. They will take care of it for you rather than having you deal with DMV. I did both actually just to be safe. I emailed DMV my proof of insurance AND Tesla Insurance is handling it for me too.

    • @hiirie
      @hiirie 4 ปีที่แล้ว

      @@TeslaJoy That's great to hear! I actually talked to a rep earlier this morning and they did exactly that. The only difference was that I was advised to reach out to my DMV and verify that my insurance coverage details are all clear. I'm glad that they are at least getting better at this.

  • @WA-hornet007
    @WA-hornet007 3 ปีที่แล้ว +1

    Sad it ain’t available anywhere else but in Cali .

  • @nicoletravel3148
    @nicoletravel3148 4 ปีที่แล้ว +1

    Everyone: I switched to Tesla insurance because it was less expensive than my previous provider, Liberty Mutual. Now I'm starting to think I may have made a BIG mistake! I was rear-ended on Monday, reported it to Tesla immediately (within 30-minutes) and it is now Thursday and I have not heard from the Tesla Claims Adjuster. So, we need to be careful about hyping up this insurance because what really matters is the service you get once you need it. It doesn't matter how cheap it is, or how much coverage they give you, etc, etc if they leave you hanging when you need them! We'll see how this goes, but if this experience proves to be disastrous, I'll be switching back to Liberty Mutual as they never left me hanging when I needed them.

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      I’m sorry to hear this. Not sure why Tesla is dropping the ball on you but I’ve heard nothing but praises from others who were involved in accidents and have Tesla Insurance. Hopefully they will reach out to you soon. It could also be because of Covid everyone is being delayed. Liberty Mutual could be having a delay as well.

    • @nicoletravel3148
      @nicoletravel3148 4 ปีที่แล้ว

      @@TeslaJoy Hi Joy, I'll give you that. However, it would be nice to hear from someone, anyone saying just that, then I wouldn't be sitting here with a wrecked Model X wondering if I will ever hear from anyone. It's a good thing my car is still drivable. Could you imagine if it was not drivable and I had no car? Thanks for your reply.

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      Totally! You can check out this post on reddit about Tesla claims experience. www.reddit.com/r/teslamotors/comments/ecltse/tesla_insurance_claim_review/?

  • @eingram141
    @eingram141 3 ปีที่แล้ว

    Thanks for the great info!

  • @TesLUCKY
    @TesLUCKY 4 ปีที่แล้ว +2

    Great video! Wish the Tesla insurance was available here in Nevada.

  • @pochola
    @pochola 3 ปีที่แล้ว

    I called AAA cause that's who I use to have and it was crazy how much they wanted the guy on the phone even suggested I call Tesla insurance and damn it was so reasonable so crazy.

  • @billligon4005
    @billligon4005 4 ปีที่แล้ว

    Just got an estimate for EV charge station in my condo (36 units). Then the electrician said that another condo he did the HOA required the purchaser to buy a insurance umbrella policy of $1M for an additional annual cost to the unit owner of $1200 peer year. WOW!! I called Tesla auto insurance to see if their policy would mitigate that coverage, but their policy only covers Bodily injury of $100K/$200K and property damage of $50K. So cant understand why the Great State of California would impose such a large vehicle insurance “umbrella” policy, especially since they are encouraging EV purchases. This seems odd given that ICE vehicles, in my opinion are much more prone to catastrophe.

  • @chriswixtrom6514
    @chriswixtrom6514 3 ปีที่แล้ว

    Really informative video! Thanks!

  • @victordrew7927
    @victordrew7927 4 ปีที่แล้ว +3

    Great video.

  • @vickycarley9401
    @vickycarley9401 3 ปีที่แล้ว

    Thanks Joy! I sure hope to get Tesla insurance soon!

  • @bobbaldesari6546
    @bobbaldesari6546 4 ปีที่แล้ว

    Terrific explanation of a complicated subject.

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      Thank you Bob!

  • @wolfofdubai
    @wolfofdubai 4 ปีที่แล้ว +10

    When Henry Ford made cheap, reliable cars, people said, ‘Nah, what’s wrong with a horse?’ That was a huge bet he made, and it worked.
    *ELON MUSK*

  • @ritalargman1903
    @ritalargman1903 2 ปีที่แล้ว

    Thanks for all your good research. I’m switching. Do you know if Tesla insurance also has an additional umbrella policy available.

    • @TeslaJoy
      @TeslaJoy  2 ปีที่แล้ว

      Hi Rita, I don’t know if they do. You can give them a call and ask.

  • @devinhinkson3798
    @devinhinkson3798 4 ปีที่แล้ว +2

    Joy, love your videos, getting a model 3 next week! Any idea when this would be available in other states?

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      So excited for you, Devin!

  • @MattNis1
    @MattNis1 2 ปีที่แล้ว

    I have model 3. It’s not so safe without blindspot monitoring and no rear cross traffic alert/stop

    • @TeslaJoy
      @TeslaJoy  2 ปีที่แล้ว

      There’s blind spot monitoring. You just need to turn it on. Rear camera also shows if there are people walking behind your car. I use it all the time and it works 100%.

  • @gobear2002
    @gobear2002 3 ปีที่แล้ว

    Is your car financed if u do did u buy gap insurance just in case you get total loss and insurance is not enough to pay the loan

  • @iowa_don
    @iowa_don 2 ปีที่แล้ว

    What do you think of the Safety Score (Beta)? I have been using it to get the Beta release of FSD and I think it is terrible, even though my average score is 99.2. Where I live, you cannot get on the freeway without getting dinged for Unsafe Following (it claims the fleet median for Unsafe Following is 16% - I am at 4.7%). Also, it appears to me that if you happen to get caught by a quick changing or unexpected light (like one triggered by a pedestrian) your "safest" option is to run it as even touching the brake (not even very hard) will get you dinged for Hard Braking (the fleet median for Hard Braking is about 2% - I am at 0.2%). There is no way I would let this thing determine my insurance rates.

    • @TeslaJoy
      @TeslaJoy  2 ปีที่แล้ว

      Please watch the videos on this channel.

  • @haywoodjablome234
    @haywoodjablome234 4 ปีที่แล้ว +1

    There are many reasons why Tesla is not in other states. Regulatory filings and approvals are required . Note as well that some states such as FL and Michigan are PIP states which have totally different requirements than CA.
    Joy, I know you've written that's all you're willing to pay for coveage,, however your liability limits appear to be very low and on the bottom end if the scale. 50/100/50??

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      Yes, because this car is the safest car on the road, I am ok with lower coverages (same coverages as all my old ICE cars and I’ve not had issues before).

    • @haywoodjablome234
      @haywoodjablome234 4 ปีที่แล้ว +1

      The safety of your car is irrelevant in a liability situation. If you were to negligently hit someone else and cause bodily injury or property damage, that's where your limits come into play. $50,000 property damage liability is nothing these days. An S class Mercedes, Porsche, BMW and even Model S or X easily exceed 100,000.

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      How would I negligently hit someone when my car beeps at me when it’s too close to an object? I’ve always had the same coverage for all my cars. I should have opted for even less coverage with Tesla because this car has so much more safeguards and sensors than all of my old ICE.

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      It does because when it beeps, you brake on it. 🤷🏻‍♀️

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      I’m not underinsured. It’s your perception of me being underinsured. Insurance companies play into your fear to get your money. I don’t live in fear. 😉

  • @sergiobravo8561
    @sergiobravo8561 4 ปีที่แล้ว +1

    Thank you for the info

  • @sarabeth8050
    @sarabeth8050 4 ปีที่แล้ว

    Your battery and mechanicals are not covered by warranty if damaged in an accident. Because of the extremely high cost of replacement when damaged, Geico simply added a rider to take care of those items in case of an accident. Also, insurance rates are based on the rate of loss claims, not how safe the car is intrinsically. For Teslas, even minor accidents cost a fortune to repair (and they take forever to get parts--causing huge rental car costs) so the insurance company rates simply reflect that. For example, you would think that a Corvette convertible should have sky high insurance rates. That's not true at all. Corvettes have much lower rates than Teslas. Why? Because the average age of a Corvette buyer is about 55 years old and the buyers are usually professionals with families, that is, the safest profile of drivers. Teslas, on the other hand, are the most expensive cars to insure. That's why they're trying to have their own insurance company. Of course, Tesla will have raise rates sky high eventually or go out of business.

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      Hi Sarabeth, my car is currently in the body shop being repaired. The estimate isn’t that much more from my old BMW and all the parts where ordered and delivered within one week, so not sure what you’re basing on Tesla being expensive to repair and parts are hard to get-that’s not my experience whatsoever. Moreover, I know people who have gotten into serious accidents and their batteries were replaced by insurance without paying any special premium. All these are bogus excuses for insurance companies to raise premium on consumers without merit, and exactly what Tesla decided to start their own insurance service.

  • @WeBackTesla
    @WeBackTesla 4 ปีที่แล้ว +2

    Great breakdown! Can’t wait for the to expand so I can see how much the rates will be here in Colorado. They need to get on making that app!

  • @euniceex22
    @euniceex22 3 ปีที่แล้ว

    Tesla insurance quoted me $206 a month... farmers $181. Still need to look for a cheaper option. My friend, the same age (24) who also drives a Model 3 pays only $130 a month. I have a great driving background and never got in an at-fault accident. We also bundle in home and auto insurance. Can someone give me some recommendations?

    • @TeslaJoy
      @TeslaJoy  3 ปีที่แล้ว

      Everyone is different. Best to shop around and decide what’s best for you.

  • @markturner7459
    @markturner7459 3 ปีที่แล้ว

    I can't believe how much you guys pay! - my 1600 turbo cabriolet is 340 euros a year and that's more than I'm used to paying...

  • @dsvillalva
    @dsvillalva 4 ปีที่แล้ว +1

    Thanks for sharing this info. Hope it grows beyond California. Currently, my rate is lower but there are so many factors that drive premiums. One of my biggest savings is a group rate discount from my employer - a large multinational company. My advice is to always look for and ask about any group discount rates you may be entitled to. Even with your existing insurance, have them review your policy periodically and even have them re-run your credit score if it has improved...this lowers premiums too!

  • @BeeUseful
    @BeeUseful 4 ปีที่แล้ว +1

    Great Vid! Subscribed.

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      Thank you Rob!

  • @shepherdsknoll8
    @shepherdsknoll8 4 ปีที่แล้ว +2

    I am switching to Tesla. It just makes sense when you consider FSD and all of the features of Tesla. No insurance with be able to consider the capabilities and liabilities of the car like Tesla.

  • @markfox3083
    @markfox3083 4 ปีที่แล้ว +1

    Nice presentation Joy.

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      Thank you Mark.

  • @inelonwetrust9169
    @inelonwetrust9169 4 ปีที่แล้ว +2

    Great vid

  • @hollygruber7083
    @hollygruber7083 2 ปีที่แล้ว

    Is Tesla saying that ‘anyone’ who drives our 3 must be listed? Even a spur of the moment driver? Or drivers who would be rather regularly driving our precious Samantha?

    • @TeslaJoy
      @TeslaJoy  2 ปีที่แล้ว

      It’s the same with all other auto policy. Whatever you’ve been using it’s the same with Tesla insurance.

  • @001giridhar
    @001giridhar 4 ปีที่แล้ว

    Have you tried Travelers insurance? I compared both insurances and Tesla insurance coverage is very limited in terms of Property damage, Medial payment and Uninsured motorist. Tesla insurance is 30% more than Travelers in my case.

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      No I don’t think Travelers is offered in my area.

  • @goodtimes5705
    @goodtimes5705 4 ปีที่แล้ว +1

    I had Gieco and it would have been $3400 a year but I switched to Tesla and now yearly premium in $1,200 amazing.

  • @johnyoung9649
    @johnyoung9649 4 ปีที่แล้ว +1

    I have GEICO. They didn't require any mechanical add-on for my car insurance. I'm calling BS.

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว +2

      Why would I lie?

    • @johnyoung9649
      @johnyoung9649 4 ปีที่แล้ว

      @@TeslaJoy I don't know. But I also don't know any circumstances when an insurance company would REQUIRE mechanical breakdown coverage. Maybe you should clarify it with them before stating it as a fact.

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      Look, I paid what I paid. When I got my Model 3 and told GEICO, that’s what they told me that I had to add and I was paying that extra premium for 9 months before I switched to byteRyde. I can’t show you my statements here but that’s as factual as it will get. If you don’t believe me then that’s your problem.

    • @johnyoung9649
      @johnyoung9649 4 ปีที่แล้ว

      @@TeslaJoy "...forcing me to purchase an optional..." If it was optional, then you weren't forced.

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      @@johnyoung9649 They insisted that I had to buy that "optional" coverage, so I was forced to buy something I didn't want.

  • @PeaceNinja007
    @PeaceNinja007 3 ปีที่แล้ว

    Can I get that Tesla insurance on my 03 civic?? 😃

  • @harmanpreetsingh9136
    @harmanpreetsingh9136 4 ปีที่แล้ว

    How much a latest Tesla model 3 's insurance cost in BC ?
    And how much the total cost (monthly installment+ charging costs + insurance) come out for new Tesla 3 if we pay just basic downpayment and rest on lease..? Please clarify it.... Will be thankful to you.

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      Call Tesla Insurance.

  • @robviolin1
    @robviolin1 4 ปีที่แล้ว

    Great info. 👍 thanks.

  • @richardalexander5758
    @richardalexander5758 4 ปีที่แล้ว +1

    In my thirty plus years working in Consumer Protection GEICO was the worst about handling claims, not fully covering damages, and giving under-priced estimates that resulted in sub-standard repairs. I wouldn't let them insure my skateboard. Glad to hear Tesla would insure their vehicles. At least they should know the actual cost to do the repairs.

  • @paulroman556
    @paulroman556 4 ปีที่แล้ว

    Hello Tesla Joy : I have a question on Tesla car insurance.How is the monthly payment handled? or yearly? I tried calling the customer rep for car insurance and I have not signed on too the Tesla insurance policy yet. What if any issues have you had with the front bumper repair with Tesla insurance or was it with a different insurance company? Thanks for the help on this and keep up the great job your doing on the web

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      Hi Paul, Tesla insurance is like every other insurance out there. They charge you monthly for 6-month policy.

  • @SiuLeung
    @SiuLeung 4 ปีที่แล้ว

    Doesn't look like your coverage and liabilities are enough. It's not just the premiums you pay, it also depends on the coverage and deductibles.

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      I’ve had the same coverage/liability/deductible for all of my ICE cars over the last 20 years. My Tesla should be even less because it’s the safest car on the road to avoid accidents.

    • @bellagio88
      @bellagio88 4 ปีที่แล้ว

      @@TeslaJoy The Tesla might be the safest car, but you need more coverage if for some reason you damage the other person property. In my opinion 50k is not enough. These days damages can get well over 50K. Image if your at fault for totaling a Model S, or a Range Rover etc. I'm in silicon valley and there are tons of Tesla's and $$$ cars.

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว

      I cannot imagine a scenario of such huge damage frequently occurring with all the sensors Tesla has.

  • @EddieMoney16
    @EddieMoney16 4 ปีที่แล้ว

    I've been a AAA customer for over 10 years with my ICE car. When I got my TM3 SR+, they quoted me 550+/month. Went to Tesla website, plugged in the numbers, got way better coverage and i'm only paying $140. Goodbye AAA!

    • @stoopidvideo
      @stoopidvideo 3 ปีที่แล้ว

      Same here, I've had AAA for more than 10 years, $640 a month lmfao, 3x more than my Mercedes payment

  • @nesnioreh
    @nesnioreh 4 ปีที่แล้ว

    $128/month is still crazy expensive. At least compared to prices here in Sweden

    • @TeslaJoy
      @TeslaJoy  4 ปีที่แล้ว +1

      Like I mentioned in the video, everyone is different. California does have higher insurance rate.

  • @gogianyee5002
    @gogianyee5002 4 ปีที่แล้ว +1

    Thanks for the informative video Joy. Another one to keep to reference when I’m ready to get my Tesla.