View 2016 Tesla Model S Car Insurance Quotes

Have you finally had enough of robbing Peter to pay Paul to insure your Tesla every month? You are in the same boat as most other consumers. There is such a variety of insurance companies to purchase coverage from, and although it’s nice to be able to choose, it can be more challenging to get the best deal.

Finding affordable coverage is not that difficult. If you are insured now or need a new policy, you can use these tips to cut your premiums while maximizing coverage. Consumers just need to know the most efficient way to shop on the web.

Low cost insurance coverage prices

Shopping for lower insurance coverage rates can take time and effort if you don’t utilize the best way to get rate quotes. You can spend countless hours discussing policy coverages with agents in your area, or you could use the web to get prices fast.

Most of the larger companies are enrolled in a marketplace that enables customers to enter their coverage request one time, and each company then gives them pricing based on the submitted data. This prevents consumers from doing form submissions for each company. To enter your information into the quoting system, click here to open in new window.

The single downside to doing it this way is that consumers can’t choose which insurance companies to receive prices from. If you wish to select from a list of companies to compare rates, we have assembled a list of companies who write insurance coverage in your area. View list of insurance companies.

It’s up to you which method you use, but be certain you are entering identical coverages with every price quote. If you are comparing differing limits it’s not possible to truly determine the lowest rate.

Earn discounts to get lower-cost auto insurance rates

Auto insurance companies do not advertise the entire discount list very clearly, so the list below details a few of the more common and the more hidden savings tricks you should be using when you buy insurance online. If you are not receiving all the discounts you deserve, you could be paying more than you need to.

• Theft Deterent System – Anti-theft and alarm system equipped vehicles have a lower chance of being stolen and qualify for as much as a 10% discount.
• Lower Rates for Military – Having a family member in the military could mean lower rates.
• Telematics Discount – People who choose to allow driving data submission to look at where and when they drive by using a small device installed in their vehicle like Drivewise from Allstate or In-Drive from State Farm may get a rate reduction if they exhibit good driving behavior.
• No Claims – Insureds who avoid accidents and claims are rewarded with significantly better rates on insurance quote as compared to bad drivers.
• Paperwork-free – A few larger online companies may give you up to $50 shop insurance on the internet.
• Driver’s Ed – It’s a good idea to have your young drivers enroll in driver’s education in school or through a local driver safety program.
• Discounts for Government Workers – Employees or retirees of the government can save as much as 8% for Model S insurance depending on your auto insurance provider.
• Own a Home – Owning a house can help you save on auto insurance since owning and maintaining a home demonstrates responsibility.

Keep in mind that many deductions do not apply to your bottom line cost. Most cut specific coverage prices like liability, collision or medical payments. If you do the math and it seems like all the discounts add up to a free policy, company stockholders wouldn’t be very happy. Any amount of discount should help reduce the amount you pay for coverage.

To locate providers with discount auto insurance rates, click here to view.

Tailor your insurance coverage coverage to you

When it comes to buying proper insurance coverage, there is no “best” method to buy coverage. Each situation is unique so your insurance should reflect that For instance, these questions may help you determine if your situation could use an agent’s help.

• Are my friends covered when driving my 2016 Tesla Model S?
• Why does it cost so much to insure a teen driver?
• Does my car insurance cover rental cars?
• Will I lose any money if I cancel my policy before it expires?
• Are there companies who specialize in insuring high-risk drivers?
• Can I make deliveries for my home business?
• Do I need PIP (personal injury protection) coverage in my state?

If you’re not sure about those questions then you might want to talk to an agent. To find lower rates from a local agent, simply complete this short form or click here for a list of insurance coverage companies in your area. It only takes a few minutes and may give you better protection.

The coverage is in the details

Knowing the specifics of your policy helps when choosing appropriate coverage and the correct deductibles and limits. Auto insurance terms can be difficult to understand and reading a policy is terribly boring. These are the usual coverages found on the average auto insurance policy.

Comprehensive coverage (or Other than Collision)

This coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims like falling objects, theft and vandalism. The maximum payout your auto insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Liability coverages

This coverage will cover injuries or damage you cause to other people or property that is your fault. It protects you from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 25/50/25 which means a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000.

Liability coverage pays for claims like pain and suffering, repair bills for other people’s vehicles, attorney fees and funeral expenses. The amount of liability coverage you purchase is your choice, but you should buy as much as you can afford.

Collision insurance

Collision coverage covers damage to your Model S resulting from a collision with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers claims like backing into a parked car, sideswiping another vehicle, crashing into a building, sustaining damage from a pot hole and scraping a guard rail. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. You can also bump up the deductible to get cheaper collision coverage.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage provides protection when the “other guys” do not carry enough liability coverage. It can pay for medical payments for you and your occupants and damage to your Tesla Model S.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Insurance for medical payments

Coverage for medical payments and/or PIP pay for expenses like ambulance fees, EMT expenses and doctor visits. They are often utilized in addition to your health insurance policy or if you do not have health coverage. Coverage applies to all vehicle occupants as well as if you are hit as a while walking down the street. PIP is not available in all states and gives slightly broader coverage than med pay