2018 Tesla Model 3 Insurance Quotes

Looking for lower insurance rates for your Tesla Model 3? If you’re looking for lower-cost insurance on the web, do you get confused by the crazy number of insurance choices available to you? Many other drivers are as well. There are so many choices to choose from that it is a difficult challenge to find a cheaper company.

It’s a good idea to get comparison quotes before your next renewal because insurance rates tend to go up over time. Just because you found the best deal on Model 3 insurance a year ago the chances are good that you can find a lower price today. Ignore everything you know about insurance because you’re about to learn the best methods to reduce your cost while improving coverage.

Finding the best rates is quite easy. Basically, every driver who has to buy insurance coverage stands a good chance to be able to lower their premiums. Although car owners must understand the way insurance companies sell insurance online because it can help you find the best coverage.

The best way to compare rates is to realize most of the bigger providers have advanced systems to compare their rates. All consumers are required to do is provide the companies a bit of rating information like if you are currently licensed, driver ages, if you require a SR-22, and if you’re married. That rating information is then submitted to multiple insurance coverage providers and they return rate quotes instantly to find the best rate.

To compare rates now, click here and complete the form.

Auto insurance companies offer many discounts

Companies that sell car insurance don’t always advertise the entire discount list very well, so we researched a few of the more well known as well as the least known credits that may apply to you. If you do not check that you are getting every discount available, you are not getting the best rate possible.

  • E-sign – A few larger online companies give back up to $50 for completing your application digitally online.
  • Organization Discounts – Affiliation with a qualifying organization is a simple method to lower premiums on your bill.
  • First Accident Forgiveness – This one is not really a discount per se, but some companies like Allstate and Progressive will turn a blind eye to one accident without raising rates if you have no claims for a specific time period.
  • Pay Early and Save – If you can afford to pay the entire bill rather than paying monthly you may have a lower total premium amount.
  • Defensive Driver Discounts – Taking time to complete a course teaching driver safety skills could save 5% or more if your company offers it.
  • Auto/Home Discount – If you insure your home and vehicles with the same insurance company you could save over 10 percent off each policy depending on the company.
  • Save with a New Car – Insuring a vehicle that is new can save up to 30% because new vehicles keep occupants safer.
  • Low Miles Discount – Keeping the miles down on your Tesla could earn better premium rates on cars that stay parked.
  • Accident Free – Drivers with accident-free driving histories get the best auto insurance rates when compared with insureds who have frequent claims or accidents.
  • Anti-lock Brakes – Cars with ABS braking systems or traction control are much safer to drive and therefore earn up to a 10% discount.

Discounts reduce rates, but you should keep in mind that some of the credits will not apply to the entire cost. Most only cut the price of certain insurance coverages like comprehensive or collision. Just because you may think it’s possible to get free car insurance, that’s just not realistic.

Auto insurance companies who may offer these discounts possibly include:

Before purchasing a policy, check with all companies you are considering what discounts are available to you. All car insurance discounts may not apply to policies in your area. If you would like to see a list of auto insurance companies with the best auto insurance discounts, click here to view.

Do I just need basic coverages?

When it comes to buying coverage, there really is no “best” method to buy coverage. Everyone’s situation is a little different.

Here are some questions about coverages that can help discover whether or not you might need an agent’s assistance.

  • What discounts do I qualify for?
  • What is the minimum liability in my state?
  • Should I rate my 2018 Tesla Model 3 as pleasure use or commute?
  • What is the difference between comprehensive and collision coverage?
  • If I drive on a suspended license am I covered?
  • Why am I required to get a high-risk car insurance policy?
  • When does my teenage driver need to be added to my policy?
  • Is pleasure use cheaper than using my 2018 Tesla Model 3 to commute?

If you’re not sure about those questions but a few of them apply, you may need to chat with an agent. If you don’t have a local agent, complete this form.

Learn about auto insurance coverages for a Tesla Model 3

Knowing the specifics of your auto insurance policy aids in choosing the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage provides protection from other drivers when they do not carry enough liability coverage. Covered losses include hospital bills for your injuries and also any damage incurred to your 2018 Tesla Model 3.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea.

Collision insurance

Collision coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for things such as hitting a parking meter, crashing into a building and colliding with a tree. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. Drivers also have the option to choose a higher deductible to bring the cost down.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance pay for short-term medical expenses such as dental work, nursing services and funeral costs. The coverages can be used in conjunction with a 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. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Liability car insurance

Liability coverage can cover damage or injury you incur to people or other property by causing an accident. It protects you against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 100/300/100 that translate to $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.

Liability insurance covers things such as funeral expenses, medical expenses and attorney fees. How much coverage you buy is a decision to put some thought into, but you should buy as much as you can afford.

Comprehensive auto coverage

Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as a tree branch falling on your vehicle, damage from flooding, rock chips in glass and theft. The highest amount a auto insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.