Anyone up for auto insurance rate comparisons?

[borski]

On your recommendation, I did get a quote from Pure. Their vehicle and umbrella coverage was a pretty reasonable increase given their premium service reputation, but our condo was the killer. While the HOA's blanket coverage would handle everything up to the drywall, they amount Pure wanted for interior finish and contents was more than the appraised value of the condo, and that was not counting any increased jewelry and artwork coverage. All in all, it would have been close to double our overall premium. I would have gone for a 1/3 increase, but not that.

It’s definitely one of those “it either makes sense or it doesn’t” things, and there’s rarely an in-between. Owning a home in the Bay Area limits my options for insuring it, solely because many of the “typical” insurers literally will not insure houses above a certain value.

Add fire risk to that, and there simply *is no inexpensive insurance here*. That means that the PURE rates, while higher, are not quite as unreasonable as they might be if I were in a different situation or living somewhere else.

 

[boydracing]

I'm also in Arizona. 2023 Touring. N. Scottsdale. Two drivers. Clean records.

Last year I had Acuity (and several years prior), on my November renewal they had a pretty big increase so I switched to Travelers. I have mostly the same coverage levels as you except I have full glass and 1K comp/collision and med pay. $1450/yr for the Lucid.

Your rate isn't terrible. And Acuity is a really good company.

But, insurance is HIGHLY personal. Tempe is always more expensive. I also have three cars, a home, umbrella, and personal articles policies with Travelers.

Pure is great. If you want another option that is also at that level try Chubb. Either will cost you a bit more than the mainstream carriers, it may it may not be worth it to you.

That is a great rate on your Lucid. I think that matches up nicely on what I get from USAA.

 

[HC_79]

It’s definitely one of those “it either makes sense or it doesn’t” things, and there’s rarely an in-between. Owning a home in the Bay Area limits my options for insuring it, solely because many of the “typical” insurers literally will not insure houses above a certain value.

Add fire risk to that, and there simply *is no inexpensive insurance here*. That means that the PURE rates, while higher, are not quite as unreasonable as they might be if I were in a different situation or living somewhere else.

I can literally only get one insurer here to insure the house otherwise I was off to the CA unFAIR plan. Mercury incurred the house while everyone else said it's too high risk due to fire but when I asked about adding the car it was "We're not insuring that". So you'll insure a high risk house but not a Lucid

 

[knewman]

State Farm, a little under 2k/yr. I'm not mad about it. Not happy about it but nobody else could do much better for me. I was bracing for a premium hike after a deer strike totalled my truck in Dec but no change thus far.

 

[codys21]

Wow you all are paying up the wazoo for insurance.

$384.01 for six months (so $768.02 annually).
Geico, 300/300/100 with $750 deductibles, bundled with home and one other car. Both in our 30s, most expensive area in Iowa (which is still much cheaper than West coast, of course)

 

[borski]

Wow you all are paying up the wazoo for insurance.

$384.01 for six months (so $768.02 annually).
Geico, 300/300/100 with $750 deductibles, bundled with home and one other car. Both in our 30s, most expensive area in Iowa (which is still much cheaper than West coast, of course)

Oh, Iowa. You could buy the whole state for the price of a house in Atherton

(There is something to be said for living in a lower COL state, for sure, haha; not dunking on Iowa, just makes perfect sense it would be way cheaper)

 

[Leftlane]

I’ve always found USAA rates to be outrageously high compared to others here in Texas. I’m eligible but they were almost triple what I was already paying elsewhere - really shocked me. And I live in their hometown!

 

[Pwmac]

Switched to Porsche auto insurance last year and it's great if you don't drive much because it's by the mile but the main benefit is that it's an agreed upon value policy. 100/300, $1k deductible, roadside and glass is $433 plus $.09/mile for 6 months. For mileage they have you upload a picture of odometer every 6 months.

 

[Jstaal]

Tesla insurance right around $2,200 per year for 250/500/250 $500 deductible. No multi vehcile discounts etc.. just the Lucid and Tesla charger products.

 

[boydracing]

Wow you all are paying up the wazoo for insurance.

$384.01 for six months (so $768.02 annually).
Geico, 300/300/100 with $750 deductibles, bundled with home and one other car. Both in our 30s, most expensive area in Iowa (which is still much cheaper than West coast, of course)

That's about the same price I pay for my 2017 Ford F250 diesel - wow!

 

[larrycpa]

I'm in NYC metro area. State Farm, 3 cars, one house, one Condo, umbrella coverage. 1k deductible. 2 drivers, both seniors. Good record. My 2024 Pure $1150 for 6 months. My 2017 Chevy Bolt $1350 for 6 months. Weird.

 

[Leftlane]

Switched to Porsche auto insurance last year and it's great if you don't drive much because it's by the mile but the main benefit is that it's an agreed upon value policy. 100/300, $1k deductible, roadside and glass is $433 plus $.09/mile for 6 months. For mileage they have you upload a picture of odometer every 6 months.

I switched my 911 and Cayenne to Porsche insurance last year since both get driven such low miles - was half the cost of Progressive. I didn’t realize they would insure other brands - thanks for the heads up.

 

[heisenberg_007]

Gilbert, Arizona - We are both in our 30s
100k/300k - $500 collision & comprehensive with glass - 6mo - 1,561.96
Lucid Air Pure - $741.50
BMW i4 M50 - $820.46

 

[hmp10]

Now that I have a VIN for our Gravity Dream Edition, I called our State Farm agent to bind coverage starting next month. It will be the replacement car for the 2021 Tesla Model S Plaid that was on the policy. (I keep high deductibles on our policies, as I prefer to self-insure for relatively small losses.)

I almost fell out of my chair when the quote came back: $702.67 for six months. The last Tesla premium I paid was $837.35.

And the comparison to our other two cars:

2022 Lucid Air Dream Edition: $876.52

2018 Honda Odyssey Elite: $823.35

 

[boydracing]

Now that I have a VIN for our Gravity Dream Edition, I called our State Farm agent to bind coverage starting next month. It will be the replacement car for the 2021 Tesla Model S Plaid that was on the policy. (I keep high deductibles on our policies, as I prefer to self-insure for relatively small losses.)

I almost fell out of my chair when the quote came back: $702.67 for six months. The last Tesla premium I paid was $837.35.

And the comparison to our other two cars:

2022 Lucid Air Dream Edition: $876.52

2018 Honda Odyssey Elite: $823.35

That is the same ballpark ($750/6 months) quote I got for the Gravity through USAA.

 

[newkidontheblock]

We are in GA. Two drivers with clean records. I think our deductible is $500 for comp and collision. I have a 2024 pure RWD. We pay $2000 per year. Tesla model y which is a less expensive car used to be $2200 per year. 2020 Acura MDX with Tech package has much lower premium

 

[hmp10]

Tesla model y which is a less expensive car used to be $2200 per year. 2020 Acura MDX with Tech package has much lower premium

Well, there goes my theory that EV rates are often lower because EVs are less susceptible to theft.

 

[LuvLucy]

Chicago, IL burbs, Clean driving record. State Farm, $500 deductible collision, $0 deductible comprehensive - no Rental. $880/6 month. It was lower than my Tesla M3P

 

[Leftlane]

Now that I have a VIN for our Gravity Dream Edition, I called our State Farm agent to bind coverage starting next month. It will be the replacement car for the 2021 Tesla Model S Plaid that was on the policy. (I keep high deductibles on our policies, as I prefer to self-insure for relatively small losses.)

I almost fell out of my chair when the quote came back: $702.67 for six months. The last Tesla premium I paid was $837.35.

And the comparison to our other two cars:

2022 Lucid Air Dream Edition: $876.52

2018 Honda Odyssey Elite: $823.35

That’s pretty good, but I noticed when I got my S Plaid, the original rate I was quoted was good for the first 6 months, then they immediately ratcheted it up at the renewal. It’s almost bait and switch and it sucks because then you own the car and have to pay the ransom.

 

[MoniputerLM]

Houston, TX
Clean driving record.

State Farm

Total: $688.56 / 6 mos.

Bodily Injury Coverage
Limit Per Accident $500,000
Limit Per Person $250,000
Deductible $500

Collision Coverage
Deductible $500

Uninsured/Underinsured Motor Vehicle Coverage
Limit Per Person $100,000
Limit Per Accident $300,000

Uninsured/Underinsured Property Damage (under Uninsured/Underinsured BIPD) Coverage
Limit Per Accident $50,000

Personal Injury Protection Coverage
Aggregate Limit $10,000

Emergency Road Service Coverage

Discounts
Anti-Theft Discount, Multiple Car Discount, Auto Multiple Line Discount, Vehicle Safety Discount, Renewal Discount