$1,450 was too good to be true, but I was somewhat convinced given everything else I'm insuring with them and my driving history. I think I'm more peeved that they mis-quoted me so egregiously and didn't bother to let me know (yet are still happy to send me 235729 marketing emails/letters each week), and actually stated charging me for my policy before even giving me the quote much less the actual number. Like, what's even the point of having a quote if it's off by nearly 3x other than bait'n'switch, or to show how terrible at quotes their system is? They also attributed the margin of miscalculation to "not being able to account for various features and other various factors." MF'er my only option is the color blue, and is Jordan Schlansky your underwriter? Seems unreasonably vague, and more than enough cause to write a "business-angry" (diplomatically worded, gramatically meticulous, devastatingly rational and yet empathetically undeniable) email. Regardless, given other horror stories about cosmetic repair costs, perhaps I need to start driving it not like it's a $90K whole car, but instead a $900,000 sum of replacement/one-time-use-parts car.I posted on this in early September before getting my Air.. I feel your pain... I had huge issues with this.. The entire insurance industry is imploding in California.. However, the $1450 a year quote sounds like a major mistake--I know that you can't insure a used Corolla for that price. Several carriers stopped writiing new auto insurance in California, and the Lucid quotes are very high. After much wrangling I was able to get price down for my Air Pure with my current insurer because I added before the policy renewed, but it is still crazy high.. More than 3k a year. FYI, Geico seemed best at first, but they have a slow 15 day review period and if you have any accidents or claims it will hurt. I think this insurance situation will kill potential buyers off.. Lucid needs to work out some sort of an insurance referral or alliance with a carrier if they want to get cars on California roads.
Abso-f'ing-lutely. This car went from a multi-proposition, semi-rational, fuel-cost-saving purchase to, well, now it's just really fun to drive and honk the horn remotely from the app. I did run across a guy on one of these threads who was offering a car insurance "personal shopper" service, whom I just emailed to see if he can do anything since he claimed to be able to save other owners thousands. Will report back!
I don't think the insurance is going to be higher for ev. I think it is all about the cost of parts and labor and they went up a lot more than inflationI posted on this in early September before getting my Air.. I feel your pain... I had huge issues with this.. The entire insurance industry is imploding in California.. However, the $1450 a year quote sounds like a major mistake--
There’s way more than that involved in insurance pricing:
Haha your description of writing a business angry letter cracked me up.
Will report back. For science!
I have GEICO, haven’t had a claim with them for the Lucid yet. I switched to them in the parking lot of Hollis auto body as soon as they handed me the fob back after replacing my bumper and light bar, given I was not willing to drive one inch further “covered” by the losers at Esurance/NGIC. The Lucid shop said GEICO is good and hasn’t caused any trouble. They’re $286/month for me in Rhode Island but also have homeowners insurance through their partner Liberty Mutual so I got a bit of a discount.If there's one thing I'm starting to see a pattern of, it's that the spread between a quote and an actual for a Lucid is quote dramatically stupidly large. For understandable reasons. Geico just quoted me $1,254/6 mo for my Lucid, 02 Boxster and 06 ML500. That's substantially less than State Farm is charging me for just the Lucid, though we'll see what things look like after the 15-day underwriting review. Hey at least they're going to tell me what my actuals are before just going ahead and charging me the 3x cost as state farm did with no warning
I work with Stan Sanchez @ EPIC Brokers. You can tell him I sent you.I thought I had somehow had an amazing stroke of luck when State Farm (with whom I insure two other cars, my wife's matrimonial bling, and our rental property) quoted me $1450/yr to add my Lucid. Come to find out through no notification or contact from the company or my agent that the actual came in at about 3x as much ($4k/yr). Feeling incensed at how an insurance agency catfished me, I immediately...hit the Lucid forum. Things I can confirm: seems many insurers (Costco, Geico, maybe others) are ditching California, and the rest are massively jacking rates. That and finding once that provides gap insurance is also annoying.
@borski sounds like I should give PURE a look based on your experience and the fact that I'm your neighbor further down the peninsula. Lemme know if you have anyone you've been working with you'd like to refer my way
I'm with Safeco now. They were a little slow on the process, but they gave me full replacement value for my first Lucid, so I'm very happy with them. I wouldn't have been able to buy a second one without that.
EPIC (or most other brokers) can get you quotes for both.
My agent is Kim Briggs. 1-918-794-0777, [email protected]
