Insurance - working with my agent

[FlyHappy]

That is incredibly cheap, my colleague has a Tesla and pays $480/mo in Los Angeles

well, c'mon. that's almost certainly due to personal circumstances (record, age, family, etc).

 

[skidoofast]

That is incredibly cheap, my colleague has a Tesla and pays $480/mo in Los Angeles

I live in Minnesota, for context we also I have multi car discounts, home and auto discounts, a clean driving record and no accidents

 

[FlyHappy]

I live in Minnesota, for context we also I have multi car discounts, home and auto discounts, a clean driving record and no accidents

This.
I was quoted notably less then that for a hypothetical 60k Rivian R2. No "bundling" discount, and even recent hail damage claims.
Location.Age.Record.

 

[Mike]

I asked my insurance (Progressive) and the agent said "I googled it on my phone, cool looking truck!" Lol 😂 . They said they will email me a quote in the next 2 weeks, we will see.

 

[thespacecowboy]

Not to rain on anyone’s parade but be prepared in some states (like Michigan) for a big hit on your vehicle plates/registration. My Mach E renewal was $480. 😳
I believe the Slate will come in lower but they are trying to capture lost gas tax revenue. They should do the tax by milage driven here and as more EVs hit the road I’m hoping we can get the law changed.

Similar in Georgia. All BEVs and any plug in hybrids that get the alternative fuel plate are subject to additional tax to replace the gas tax. Annoyingly, the tax is more than what I’ve actually paid in federal and state gas taxes combined in the last year, even ignoring that Georgia suspended its gas tax for a couple of months.

 

[tubes]

NC checking in. Bracing for the extra $215 they charge here.

 

[cadblu]

I think Slate should offer its own insurance plan, kind of like Tesla.

They can call it………..

Slate Farm 😁

Jake is ready to take your call

 

[FlyHappy]

I think Slate should offer its own insurance plan, kind of like Tesla.

They can call it………..

Slate Farm 😁

AllSlate.
USlateAA.

 

[Bee]

my agent reached out to the underwriter to get a quote

I think they are just going off the msrp to come out with a number

Yep, I contacted my agent and they did exactly that.

 

[ThatADASguy]

Very good point here.
Considering the MSRP will be low, I expect it to not be that expensive to insure. My biggest question would be what body shops would touch it & where would they source the parts from. I doubt LKQ already has A/M parts for it lol
In regards to if the vehicle is declared a total loss, most insurance companies just have a generic list to go off of in regards to accessories/ options. Does vehicle have tint, running boards, heated seats, that sort of thing.
Always get GAP when purchasing a vehicle with a loan.
The best insurance companies I’ve dealt with are USAA & Erie.

 

[Cubicle23]

Different states, different vehicles, different drivers, different insurance companies, different deductables.......... too many variables to ever make a comparison between anything. 480/mo in L.A. , sure I can see that, Im in Northern Maine and for a 25 Forrester & a 12 Scion I pay 604/6mo all in. 2 years ago in Massachusetts just the 11 year old Scion was that much...

 

[2thlesswithta2s]

well, c'mon. that's almost certainly due to personal circumstances (record, age, family, etc).

Geographic region is a big one. If the actuaries can legally carve out a demographic to charge you more, they will.

 

[DinoLord]

Geographic region is a big one. If the actuaries can legally carve out a demographic to charge you more, they will.

They're in the business of making money, not losing it.

 

[2thlesswithta2s]

They're in the business of making money, not losing it.

Exactly. Case in point: when I started driving, males paid more for car insurance than females. There was a sex discrimination lawsuit followed by some legislation & now women & men are on the same scale.

 

[DinoLord]

Exactly. Case in point: when I started driving, males paid more for car insurance than females. There was a sex discrimination lawsuit followed by some legislation & now women & men are on the same scale.

Yup. Only illegal in a few states.