Tesla Insurance: Pros, Cons, & My Experience

In this video I go over some pros and cons of Tesla Insurance, and then I share my experience with it, although my experience has been mostly negative.

In summary, Tesla insurance is cheap and easy to use. The ease of using the Tesla software that you may know from your car is the same way when it comes to Tesla insurance, and rates are cheap - especially when you get a good safety score.

However, if you ever get in an accident or need to speak to a person, it is nearly impossible with Tesla insurance. Which can be incredibly frustrating.

Links to all of our Tesla products we own and recommend:

#tesla #teslainsurance

[vegasteslafamily]

UPDATE: Today I got a new adjuster! It’s been almost a month since I posted this video. Still have not heard from anyone until today!

[JoseDiaz-fo]

I’ve had to use Tesla insurance twice and it went well. I was in a collision (driver hit me) and I filed a claim. Driver didn’t have insurance. Owner of the truck didn’t have insurance. The only thing that annoyed me was Farmers. Apparently the owner cancelled his insurance before I got hit and I needed a letter from Farmers stating it to provide to Tesla. I thought Tesla should’ve been contacting Farmers but in the end I wasn’t charged a deductible. So, no complaints from me.

[ashishpatel]

lol safety score. whats next a social credit score?

[MonsieurDumas]

I've had a similar experience. I had significant issues getting hold of the Tesla insurance folks. The Tesla certified repair place had problems getting hold of them. In the end, the repair place held my Tesla hostage for an extra week because Tesla refused to pay the final repair amount. They eventually took pity on me and released my car while they worked out the payment with Telsa. I still have Tesla insurance because it is so much less expensive than everyone else.

[SFOtoLIH]

I had Tesla insurance, but found the customer service was so bad, I ended up going back to AAA insurance.

[JacobGagoOfficial]

The only reason we all go to tesla insurance is ONLY because it's the Cheapest option for those are not under a group insurance or have a long-term loyalty insurance with another provider.

[rogergarza]

In TX I was paying between $70 and $115 per month with Tesla ins. My previous company quoted me $3000 for the year. I recently added my son who just got his license and a 09 Nissan that he will be driving. Monthly only went up to $135. It was going to be $250 per month for him alone with previous company.

[emazonreviews]

This is your Tesla adjuster, 1) I’m sorry 2) we need more travel vlogs to move forward with your claim !!
😂😂😂😂😎😎😎😎

[TrendyStone]

We've had Tesla insurance on my wife's Tesla MY but I kept Allstate on my own Tesla M3 and our other cars + house. My wife needed a new windshield after a rock broke it and Tesla was very responsive, quick and helpful. And I pay significantly less than I do w/ Allstate.

[floppyjalopy]

What are people paying in the USA for Tesla insurance?? In Australia we pay between $3500-6000 a year it’s absolutely horrible. Previous $40k Toyota Corolla hybrid was $1200 a year.

[SupremeDonuts]

seems like tesla insurance might be a huge headache .. i’m debating if it’s worth the $100 savings /month for me here in CA. I have allstate right now for 3 vehicles and looking at adding insurance for a new model Y.

[bimapras]

I am sorry to hear about your bad claim experience. FYI Tesla is not an Insurance company. The actual insurance carrier is State National Insurance Company Inc. There is a good reason why the rates is “Cheaper “ than other carriers: they don’t have insurance agents and don’t hire enough professionals adjusters like the big carrier such as State Farm. You get what you pay for.

[jruerph]

I use USAA which was cheaper than Tesla quote and can adjust coverages on website or app. Also, excellent customer service and no long waits on the phone.

[shodnett]

Do you plan on keeping Tesla Insurance after this or will you start getting quotes from other providers?

[Da-King-of-Swing]

That Sucks! Its bad enough dealing with any company or business customer service is horrendous for past 20 years but when you can make contact with someone or dont get call backs it can be infuriating 🤬

[spencer]

Does anyone know if/how the late night driving portion causes major decreases in safety score? I work a night shift so the late night driving is not really avoidable, and is the only thing I'm hesitant about for Tesla insurance

[richard]

This sounds terrible! I guess I should be thankful that Tesla insurance is not available in FL. Say, you mentioned Safety Score... I have never seen this in the app and I've done thousands of miles now. I used FSD on a 10 day road trip, nada. Is that still a thing? Also, you mentioned refinancing... did Tesla/Wells Fargo charge you a fee for ending your loan early? Thanks!

[Lucas_scott_batman]

Someone with Tesla InSurance bumped into me, got the videos got the evidence but it’s been almost 6 months. No answer. Adjuster refuses to speak to me.

[TheGlennGlennSound]

PLEASE AVOID TESLA INSURANCE. bad customer service

[johnwjeromejr]

Sounds like Tesla Insurance stipulates driver performance metrics through a monitoring device on your car. That a real dealbreaker if you have one of the Performance or Plaid models. What's the point of having a super high-performance car if you can only drive it slow or risk losing your insurance or having your rates go sky high?? Just one track day can tank your Tesla Insurance.