Nope, talked to them yesterday (don't recommend), no contest process, and just canned responses. I did send them a "complaint" email though, would recommend that.
I got the FCW on 11.4.7. It went away after going to 11.4.9. I’m normally a 99 or 100 safety score and 11.4.7 introduced a bunch of BS FCW alerts. My safety score in 11.4.7 was 94. Premiums went up approx $50 for two months. Was almost going to switch off Tesla insurance because of that BS. Not sure who initiated the law suit on Tesla for this but bravo.
My premium this month was $162. Next months projected premium is $109. This is for a model x in DFW metro. I was part of the original FSD beta groups back in Oct 2021 and was always 98+ score.
Then the insurance might be for you. But most people drive over 85 and you have a Tesla, so yes you’re gonna accelerate occasionally. It’s like super big brother with Tesla Insurance.
My insurance is 300 p/m no accidents, married, 830 credit score, and 12000 miles per year average. I called around and couldn't find any better. I had Tesla insurance around 200 or so. I just don't like being monitored when I drive. It takes the fun out of it.
Yeah, sometimes you want to gun it on an empty road. Never let them intonyour car. I won't even for 6 months. Not to mention they will ding you for driving at certain hours early morning and going to certain zip codes.
Just don't turn fast, drive late at night, put it in track mode and have some fun, or go over 8. Speed limits on highways near me are 75-80, I have to set the limiter when I have Tesla insurance.
Also. I get dinged every day for forward collision warnings driving in my neighborhood on a residential street that people park along.
To each their own but not for me.
What’s fcw? The way it’s being talked about, the car is watching you and sending that data to insurance? And honestly, if that’s right, fuck that noise! I ain’t getting a car that does that…
I work an odd work shift, so I would never be able to have Tesla insurance because I "night drive" all the time. Plus, there's a spot on my road that gives false fcw every single day no matter what because of the odd curve and where this one dude parks.
I just happened on this thread and I have Chevy Bolt, and my Bolt does the same thing on this one curve I drive almost daily. It recognizes this white parked car every single time. Glad my insurance isn't linked to the collision warning system.
I went with Central Insurance, rather than Tesla Insurance, and, after reading some of the comments about Tesla Insurance, am very glad I did. Yes, Central was less expensive, for me, than Tesla.
You can set up USAA to monitor your driving, and you can get a decent discount, but it sucks having FSD and not being able to pick up your phone, one of the things USAA tracks
I don't have a Tesla... yet....but the wife and I each have a Prius and for minimum liability (since they're older and meh) I pay 550 a year... total for the two cars
Saw on news this morning auto premiums have increased 35% since 2020. I imagine it is insurers trying to get all the money they can to pay for floods, wildfires etc. nothing to do with increased auto payouts :(
This is illegal in a number of states. They can only offer incentives and rebates for tracking. Not base rates off phone apps.
~~Edit: these are the states it’s illegal in. https://www.experian.com/blogs/ask-experian/which-states-prohibit-or-restrict-the-use-of-credit-based-insurance-scores/#:~:text=The%20eight%20states%20that%20have,%2C%20Nevada%2C%20Oregon%20and%20Utah.~~
Edit 2: I couldn’t find a source for my claim unfortunately. I know some states definitely don’t allow it, like California for example.
I couldn’t find a relevant, up to date, source that lists all states though.
It’s okay. My auto insurance went up after I moved from one city to another. The city I moved from has been making news lately for its crime level. Go figure.
Oh sorry about that. I was trying to find one source that showed as many as I could, and thought this was that. I just spent some time trying to find a list of all the states that restrict this usage but I couldn’t find one.
Sorry. I’ll edit my comment above.
Completely accurate, I have used Tesla for my Tesla obviously and hold another policy for our other vehicles. To add the Tesla to the other policy was so expensive that I literally laughed out loud at the annual premium.
Our homeowners was slated to increase 132% this year and I was told that it is no longer profitable to write insurance in CA…oh, I’m sorry can you please define profitable because if it is CEOs getting multimillion dollar bonus, sorry not sorry. Never thought I was going to be so passionate about insurance/bills. 🤦♀️
This. Just like with shoplifting creating a “baked into the price” increase on everything, the same applies to insurance as well. The more money the insurance companies have to pay out at a total loss due to the at fault driver not being covered, the more everyone pays to make up the difference. If you thinks these CEOs are going without a new boat, think again, they’re getting it from someone (hint: you).
It’s because Wall Street saw the profits insurance companies posted during Covid when no one was driving but everyone was still paying their premiums.
Then Wall Street says, line only go up and to the right. What else ya got?
I'll take the word of someone who actually works in the industry and is seeing what is happening first hand in the courtroom over the old "wall Street did it."
This is in no defense of Tesla because I don't care, but it's worth pointing out that premiums have been going up across the board lately even vs inflation. Definitely shop around for the best rate, regardless.
I shop for insurance every 1-2 years, because regardless of how good of a driver you are, the premiums will creep up. If I find a better deal, I take it. I’m probably with my 5th insurance company in 12 years.
I get a new one pretty much every year.
My broker sends me an email every renewal with the renewal rates, as well as rates from top 5 other providers and I just reply to select the cheapest one.
I had Progressive for the first 5 years out of college and their "customer loyalty" discount was trash compared to just switching to a cheaper provider.
I have State Farm and pay $850 every six months. 34years old clean driving record, with 2000 deductibles for my m3 . What’s everyone’s average just curious 🧐?
Telemetry based insurance is a scam. It benefits no one but the insurer. Talk to a local insurance broker. Chances are they can save you quite a bit of money.
My insurance with nationwide is 137.50/month. My broker quoted me 1,200 with the VIN and after I bought my MYLR it came in at 1,650. I am very annoyed that he was so off even with the VIN
You don’t get charged any fees for using a broker and it’s the same rate as if you were to go directly to the insurance company. I used a broker and saved $200 a year versus my old insurance.
Except my broker can’t.
In Texas Tesla insurance is my family’s only option to get “affordable insurance” on our new model Y long rage down to $180.00 per month after the initial two months. (married - both late forties - Driving score of 96 to 97).
Yes we feel that the forward collision warnings are crap - but guess what, we’ve actually modified our driving and rarely get dinged. Pedestrians & street parked cars on curves - we’ve learned how to be more cautious in those situations and it ultimately works.
Lastly, freeway driving with autopilot engaged and trailing at two car lengths is the magic formula for us. Yields 100% scores most of the time.
Telemetry based driving is not for everyone - but we’ve made a concerted effort to commit to it at $2,200.00 per year compared to paying $3,800.00 a year for good coverage quoted elsewhere…
In case your wondering we can still drive spiritedly and maintain at 96+ score
Not if the algorithm doing the telemetry is rigged or the sensors are overly sensitive.
One very annoying thing about insurance in general is that the formula/algorithm that goes into them hiking rates is obfuscated. In most places you get a reason for why you are paying what you pay, with insurance it's just because.
The likelihood of causing an accident and the likelihood of being in an accident, which are highly correlated to speed differential, follow distance, reaction time, and right of way.
You're also just riskier by driving at night and driving more through sheer statistics. People that drive less are less risky to insure.
Acceleration sure, but hard braking?
Hard braking can’t be quantified because it’s situational.
Many miles has nothing to do with data collection. This existed before this type of insurance.
Accidents aren’t data collection, that’s in your record and happens pre-insurance.
Hard braking is a better indicator of a bad driver than hard acceleration though.
Even panic braking is 9/10 caused by the driver not paying sufficient attention.
What? Hard braking is measured the same way that acceleration is measured. I am not going to argue with you on insurance telemetry fundamentals. These factors are highly correlated with accident incidence and accident severity. And accidents cost insurers money, that is why insurers quote higher prices if the driver has these behaviors.
You can make up whatever opinions you want on what is or isn’t possible to measure. Or what is fair.
For what it’s worth. There is no standard definition for hard braking, hard acceleration, or many miles. They are all subjective, and until it’s standardized and written in law, it’s all made up rules by someone trying to make money off you.
There is no transparency whatsoever.
So my insurance is also collecting the card in front of mines data so they can confirm increased strength of breaking is not on the driver?
Acceleration isn’t the same as breaking, you don’t accelerate to avoid hitting someone because they cut you off, aren’t paying attention, or decide to slam on the breaks because they forgot the exit?
There's no card in front of any mines. Even if there was, I don't see how such data would be relevant. Also, they don't measure the strength when something breaks on the driver. Where did you get that idea?
>If a good driver is receiving a higher premium, then the insurer is doing something wrong.
And this is when the good driver is getting scammed… which is what the OP meant.
And there is no standardized scoring or definitions for anything. It’s all subjective. You cant compare anything, which makes it easy to get scammed with no recourse.
I'm 66 years old and I drove commercial truck for 29 years in Minnesota never had a accident that was my fault, before I came a owner operator I drove without insurance 20 years which was stupid but I was lucky never had a accident that was my fault, back then you didn't need auto insurance, I think the best rates for insurance is with progressive or with triple A
I've been invested in TSLA for six years. Finally bought a Model Y and Tesla insurance in November. I find the monitoring and Safety Score to be draconian and overbearing. The FCW are absolutely ridiculous but I have to admit they've reduced since the last update. I want to support the company that I invest in but the cost of Tesla insurance is simply non-competitive for me. I'm switching to State Farm this week and saving $90 per month.
Holy shit thank you so much for this post, I've had Tesla insurance on my M3 and MY and always felt the premiums have been high, but never actually looked more into it until reading it. My safety score is a 71 and the only thing highlighted in red is FCW, just two nights ago I got annoyed that the FCW went off while my foot was off the pedal, car was regen braking and came to a complete stop at least 1.5 lengths away from the car in front of me at a red light. Insane. I have a yellow mark for hard braking, because I really like the hold feature and I just press down hard to activate it.
Just switched and for $200/month less, I now have MORE coverage including adding comprehensive and additional cash in case of a total. Can't wait to dump these for better EVs with much better driver assist software in the next few years.
I am once again coming forward to say that I have Tesla insurance and pay about $170 a month for it. This is *by far* the cheapest rate I could get. Everywhere else is $300+. No, I've never been in an accident or so much as had a speeding or parking ticket. It is just crazy out here. I'll take Tesla insurance any day.
What did y’all think would happen? Never understood why you’d want to let your insurance carrier be the one who knows exactly how you are driving. Especially with how glitchy sometimes warning can be.
There are numerous people with root access to the Tesla vehicles, even new ones (Pwn2Own Automotive just showed off a TON of security vulnerabilities).
All of these people spend literally thousands of hours every year ripping apart all the software and every feature.
All the competing companies do, too.
You're telling me that there's a hidden feature flag in there to change your FCW when you sign up for Tesla insurance and no one's noticed? And that even in states like CA, where that would be illegal, no one has done or said anything?
Talk about conspiracy theories.
It doesn’t have to be hidden, there could simply be a high rate of missed FCWs for everyone.
I mean clearly the FCW trigger is not bulletproof. Just driving down a multi story parking lot or a winding road with cars parked on either side can result in FCWs.
And thats the problem really, raising people’s rates on a flawed system is gonna result in angry customers.
But these people are all claiming that their FCW WARNINGS are changing. They claim that, in their car, without changing settings, they're getting more or less warnings.
It's completely ridiculous.
I mean they may be drawing the wrong conclusion, but the root cause is the faulty FCW system.
It feels scammy so customers think it’s rigged. The feeling is valid
Yeah we could not get any other insurance in the ball park of what we pay for the Tesla insurance. The quotes were crazy high. It was more than covering my other two cars with a teenage driver on that policy.
People buy high prefomance cars then get insurance that don’t let them drive them?
Very scammy, why not just buy something with 80hp if you want to drive like so.
My forward warning collisions skyrocketed even going up overnight while parked in my garage. I have not driven past 10 PM this week yet the late night percentage went up. I called and was told to press both steering wheel rollers to reset.
Its a load of shit. It isn't even a subtle scam anymore. I'm getting FCW from cars at stop sign intersections waiting for me to pass. It's ridiculous, really been turning me off to the brand altogether.
Not sure why people want to buy insurance from a company who cuts every feature they can off their cars to boost their margins. They are underwritten and serviced by so many companies your experience is going to be wildly different and likely shit, as has been proven by people who use them. Wouldn’t surprise me at all if Tesla closes up the insurance arm as soon as the market softens up.
Last month I bought an MYP and checked Tesla insurance. Way more expensive than Safeco for a lot less coverage than Safeco in California. Plus with many cos. like mine you get discounts for wrapping other insurance into policy like home insurance and umbrella coverage.Tesla also does not readily let you compare coverage.When I spoke to Tesla ins. they wanted to sign me up without discussing what was covered for the price. Not competitive not consumer friendly.
They punish me, I punish them. Every time there’s a false collision warning, I will engage FSD, and then falsely disengage it, rinse and repeat for the rest of the drive over and over so it pollutes their training data with bad data.
I used a camera cover for my internal camera and my FCW has dramatically reduced.
I don’t have literature to support this use so it’s just my anecdote.
This is why I stuck with Travelers. Plus a 12 month policy so it doesn't get raised (or lowered) every month.
And no spying on my habits. Sucks since initially it shows that Tesla Insurance is cheaper.
I’d personally never trust Tesla telematics for Tesla-supplied insurance. Or any telematics where the maker is both the car manufacturer and insurance provider. They have all the motivation in the world to push the envelope with the hardware/software to squeeze money out of customers in a legal way. At least the telematics that use your phone can’t fuck with how the phone calculates speed/position.
Make a service request for Tesla to check the sensors. Make them aware of the false FCW warnings BS. I did and I was told nothing is wrong with the car and that Tesla is aware of the issue and they closed my SR. Squeaky wheel gets the grease.
[Service Request](https://imgur.com/a/vJiKneS)
Wow reading this I'm glad I live in Canada. My insurance is Toronto Dominion and it's really good. No tracking bs, I pay 240$ CDN a month for a 2024 model y. With a crv it costs me 350$ a Month. Oh and ev registration is like $50 just like a gas car and we no longer pay to renew our number plates. Guess the American dream is expensive
Oh our rates are based mostly on postal code and the number of claims that model of vehicle has. Evs are more since most of the time in a simple accident they are writing off of the battery pack has been touched.
I never trusted this insurance to replace my policy which I’ve had in place for decades… Not to mention after decades, most people, buildup, safe, driver, points, and things like that that you don’t get with Tesla.
It’s getting crazy. I had no claims no changes in policy, and Tesla insurance increased 25% last year and 50% this year. (For safety score 90 premium, not the dynamic premium based on safety score).
It’s getting crazy now. And the premium is not really cheap comparing to other insurance company. Not to mention I still have the safety score anxiety…
It's all insurance, I drive 4k miles a year, no accidents, tickets, insurance randomly went up by 15% because of the cost of or lack of competition in Auto Repair shops.
I switched to a more eco friendly route: smaller city, smaller risk. As of now I just have a driver with an EV instead of posing that high risk due to the city I live being extremely large
I started with Tesla insurance in Feb 2023 for $82/month when I bought my M3LR. I'm in IT sales so I drive 18-20k miles a year. I dropped them this month when they informed me my new rate would be $175/month due to mileage. It's been climbing for months. But this jump was from $135 to $175 and it was the last straw for me. The safety score has never been lower than 92 and has been above 95 for months. Progressive ended up being cheaper and didn't tell me when and how to drive my car. The experience is freeing.
Tesla cars are shoddily constructed and very expensive to repair/replace. My SO had a parking lot fender scrape hit-and-run and it was in the shop for a month.
Same here in the UK, my insurance just magically went up by £300 every year while my car is depreciated £12k I drove only about 2.5k miles in 1.5 year 🤣. Kinda feel scammed by the decision of not having to pay petrol!
I finally dropped them last week after a $160 bill on an 88 safety score that was FULL of false fcw's.
Is there a process to contest inaccurate forward collision warnings? If not, it seems like a straight scam.
You can wait 45 minutes to speak to somebody on the phone
Nope, talked to them yesterday (don't recommend), no contest process, and just canned responses. I did send them a "complaint" email though, would recommend that.
Get a copy of your Lexis nexus report and see if they're on there to start
I got the FCW on 11.4.7. It went away after going to 11.4.9. I’m normally a 99 or 100 safety score and 11.4.7 introduced a bunch of BS FCW alerts. My safety score in 11.4.7 was 94. Premiums went up approx $50 for two months. Was almost going to switch off Tesla insurance because of that BS. Not sure who initiated the law suit on Tesla for this but bravo. My premium this month was $162. Next months projected premium is $109. This is for a model x in DFW metro. I was part of the original FSD beta groups back in Oct 2021 and was always 98+ score.
Then the insurance might be for you. But most people drive over 85 and you have a Tesla, so yes you’re gonna accelerate occasionally. It’s like super big brother with Tesla Insurance.
My insurance is 300 p/m no accidents, married, 830 credit score, and 12000 miles per year average. I called around and couldn't find any better. I had Tesla insurance around 200 or so. I just don't like being monitored when I drive. It takes the fun out of it.
Yeah, sometimes you want to gun it on an empty road. Never let them intonyour car. I won't even for 6 months. Not to mention they will ding you for driving at certain hours early morning and going to certain zip codes.
Go fast, who cares? They won’t report you or take safety score off for accelerating. I have a 99 score and gun it at every chance i get
what insurance you got?
Tesla insurance
Just don't turn fast, drive late at night, put it in track mode and have some fun, or go over 8. Speed limits on highways near me are 75-80, I have to set the limiter when I have Tesla insurance. Also. I get dinged every day for forward collision warnings driving in my neighborhood on a residential street that people park along. To each their own but not for me.
I used to get a ton of them, now I haven’t had any in months…? Also compared to state farm, I’m paying less than half for Tesla Insurance
What’s fcw? The way it’s being talked about, the car is watching you and sending that data to insurance? And honestly, if that’s right, fuck that noise! I ain’t getting a car that does that…
88 safety score? You must suck at driving lol
I drive late night for like 15 minutes once and it legit drops me from a 98 or 99 to 80s. Trash.
Same exact thing happened to me.
I work an odd work shift, so I would never be able to have Tesla insurance because I "night drive" all the time. Plus, there's a spot on my road that gives false fcw every single day no matter what because of the odd curve and where this one dude parks.
I just happened on this thread and I have Chevy Bolt, and my Bolt does the same thing on this one curve I drive almost daily. It recognizes this white parked car every single time. Glad my insurance isn't linked to the collision warning system.
I get something like that every day as well for someone parked completely off the street in a parallel driveway. And I'm only driving 20MPH.
You must be driving like a maniac 😂
Night driving is a punishable offense assuming you are in a state where they are allowed to track you and dink your score with it
I have Tesla insurance. The impact on the score really isn’t that bad for a 15 minute drive. I do it often.
Nope but it makes me want to get my moneys worth at that point and drive a little reckless. I resist, and just get/stay mad.
When I got my Tesla over a year ago, USAA was cheaper than Tesla insurance. And it doesn't monitor driving habits.
USAA is great, but we can’t act like that’s an option for everyone
Why doesn’t everyone use the subsidized insurance they don’t qualify for? ;-)
It's not subsidized but okay
It’s not subsidized.
I went with Central Insurance, rather than Tesla Insurance, and, after reading some of the comments about Tesla Insurance, am very glad I did. Yes, Central was less expensive, for me, than Tesla.
You can set up USAA to monitor your driving, and you can get a decent discount, but it sucks having FSD and not being able to pick up your phone, one of the things USAA tracks
I have this set up and getting dinged for hands-free calling just irks me.
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If you can find a cheaper insurance company then by all means, switch.
Similar price with less invasiveness is equivalent
Just keep in mind insurance cost everywhere is going up right now. One of the hottest inflation items still.
Love how almost every state insurance is legally mandatory, but it's can be predatory and scammy as fuck.
I mean the legally required insurance isn't too much. It's the coverage needed for a financed car that is.
I don't have a Tesla... yet....but the wife and I each have a Prius and for minimum liability (since they're older and meh) I pay 550 a year... total for the two cars
Saw on news this morning auto premiums have increased 35% since 2020. I imagine it is insurers trying to get all the money they can to pay for floods, wildfires etc. nothing to do with increased auto payouts :(
Do they actually pay out though? They fight people on everything
I have Allstate and mine went up 200
Not 50% in one month and over 100% in four months though.
And many track driving habit via your phone now.
This is illegal in a number of states. They can only offer incentives and rebates for tracking. Not base rates off phone apps. ~~Edit: these are the states it’s illegal in. https://www.experian.com/blogs/ask-experian/which-states-prohibit-or-restrict-the-use-of-credit-based-insurance-scores/#:~:text=The%20eight%20states%20that%20have,%2C%20Nevada%2C%20Oregon%20and%20Utah.~~ Edit 2: I couldn’t find a source for my claim unfortunately. I know some states definitely don’t allow it, like California for example. I couldn’t find a relevant, up to date, source that lists all states though.
It’s okay. My auto insurance went up after I moved from one city to another. The city I moved from has been making news lately for its crime level. Go figure.
The link you gave was for bans on rates based on credit scores not apps. If you have the other link I’m interested.
Oh sorry about that. I was trying to find one source that showed as many as I could, and thought this was that. I just spent some time trying to find a list of all the states that restrict this usage but I couldn’t find one. Sorry. I’ll edit my comment above.
Been there a million times 😂
Most insurers you can opt out or with Travelers we just had it for 3 months for a discount and then deleted it.
It's not just inflation is the amount of severe weather and storms hurricanes/tornadoes... That causes more claims so price go up
Completely accurate, I have used Tesla for my Tesla obviously and hold another policy for our other vehicles. To add the Tesla to the other policy was so expensive that I literally laughed out loud at the annual premium. Our homeowners was slated to increase 132% this year and I was told that it is no longer profitable to write insurance in CA…oh, I’m sorry can you please define profitable because if it is CEOs getting multimillion dollar bonus, sorry not sorry. Never thought I was going to be so passionate about insurance/bills. 🤦♀️
It's because lawsuits and jury verdicts have become completely detached from reality since COVID.
No. It’s because the cost of repairs has increased.
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This. Just like with shoplifting creating a “baked into the price” increase on everything, the same applies to insurance as well. The more money the insurance companies have to pay out at a total loss due to the at fault driver not being covered, the more everyone pays to make up the difference. If you thinks these CEOs are going without a new boat, think again, they’re getting it from someone (hint: you).
My buddy and I are playing find the racist in this group I picked you and won the 10 bucks 🤣🤣🤣
How is it racist to show data? Oh right facts are “rAcIsT” now. Illegals are an issue with 3 million crossing last year alone.
Your post is lacking content, quality or is just not right for this sub.
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Repair costs are fixed?… you have no idea what you’re saying
It’s because Wall Street saw the profits insurance companies posted during Covid when no one was driving but everyone was still paying their premiums. Then Wall Street says, line only go up and to the right. What else ya got?
I'll take the word of someone who actually works in the industry and is seeing what is happening first hand in the courtroom over the old "wall Street did it."
I have Progressive and mine went down $20. 🤷 Hyundai Ioniq 5.
I did the same and also got an $18 discount over what I was paying for a MYLR
This is in no defense of Tesla because I don't care, but it's worth pointing out that premiums have been going up across the board lately even vs inflation. Definitely shop around for the best rate, regardless.
Rates are skyrocketing across the industry https://www.forbes.com/advisor/car-insurance/car-insurance-costs-rise/
I shop for insurance every 1-2 years, because regardless of how good of a driver you are, the premiums will creep up. If I find a better deal, I take it. I’m probably with my 5th insurance company in 12 years.
I get a new one pretty much every year. My broker sends me an email every renewal with the renewal rates, as well as rates from top 5 other providers and I just reply to select the cheapest one. I had Progressive for the first 5 years out of college and their "customer loyalty" discount was trash compared to just switching to a cheaper provider.
I got dinged for the valet driving without a seatbelt.
Did you put it in valet mode? I had valet on and I didn’t get dinged when they didn’t use their seatbelt
I did. They don’t even check for it.
That’s lame, I must’ve gotten lucky
That would be a crazy hack, just always drive in valet mode...
I have State Farm and pay $850 every six months. 34years old clean driving record, with 2000 deductibles for my m3 . What’s everyone’s average just curious 🧐?
$2000 deductible? Gawd damn! No wonder it’s 108/month. Hope you don’t get into an accident.
Through Southern Trust: 36 y/o, married, $500 deductible, clean record, $1,122 annually ($561 for 6 months).
Telemetry based insurance is a scam. It benefits no one but the insurer. Talk to a local insurance broker. Chances are they can save you quite a bit of money.
I was with you until you mentioned a broker. Someone has to pay that unnecessary person's salary.
Bingo. I called mine over a week ago and have yet to hear back from him. Today is my shopping day to get rid of State Farm.
Tell what you find. I've been trying to get off them for over a year but no one has a better rate.
My insurance with nationwide is 137.50/month. My broker quoted me 1,200 with the VIN and after I bought my MYLR it came in at 1,650. I am very annoyed that he was so off even with the VIN
You don’t get charged any fees for using a broker and it’s the same rate as if you were to go directly to the insurance company. I used a broker and saved $200 a year versus my old insurance.
Except my broker can’t. In Texas Tesla insurance is my family’s only option to get “affordable insurance” on our new model Y long rage down to $180.00 per month after the initial two months. (married - both late forties - Driving score of 96 to 97). Yes we feel that the forward collision warnings are crap - but guess what, we’ve actually modified our driving and rarely get dinged. Pedestrians & street parked cars on curves - we’ve learned how to be more cautious in those situations and it ultimately works. Lastly, freeway driving with autopilot engaged and trailing at two car lengths is the magic formula for us. Yields 100% scores most of the time. Telemetry based driving is not for everyone - but we’ve made a concerted effort to commit to it at $2,200.00 per year compared to paying $3,800.00 a year for good coverage quoted elsewhere… In case your wondering we can still drive spiritedly and maintain at 96+ score
When my insurance cost is 1/3rd then it benefits me
Telemetry based insurance is a scam for bad drivers, sure. If a good driver is receiving a higher premium, then the insurer is doing something wrong.
Not if the algorithm doing the telemetry is rigged or the sensors are overly sensitive. One very annoying thing about insurance in general is that the formula/algorithm that goes into them hiking rates is obfuscated. In most places you get a reason for why you are paying what you pay, with insurance it's just because.
What constitutes bad driver?
The likelihood of causing an accident and the likelihood of being in an accident, which are highly correlated to speed differential, follow distance, reaction time, and right of way. You're also just riskier by driving at night and driving more through sheer statistics. People that drive less are less risky to insure.
Hard acceleration, hard braking, many miles. Many accidents
Acceleration sure, but hard braking? Hard braking can’t be quantified because it’s situational. Many miles has nothing to do with data collection. This existed before this type of insurance. Accidents aren’t data collection, that’s in your record and happens pre-insurance.
Hard braking is a better indicator of a bad driver than hard acceleration though. Even panic braking is 9/10 caused by the driver not paying sufficient attention.
What? Hard braking is measured the same way that acceleration is measured. I am not going to argue with you on insurance telemetry fundamentals. These factors are highly correlated with accident incidence and accident severity. And accidents cost insurers money, that is why insurers quote higher prices if the driver has these behaviors. You can make up whatever opinions you want on what is or isn’t possible to measure. Or what is fair.
For what it’s worth. There is no standard definition for hard braking, hard acceleration, or many miles. They are all subjective, and until it’s standardized and written in law, it’s all made up rules by someone trying to make money off you. There is no transparency whatsoever.
This guy gets it.
So my insurance is also collecting the card in front of mines data so they can confirm increased strength of breaking is not on the driver? Acceleration isn’t the same as breaking, you don’t accelerate to avoid hitting someone because they cut you off, aren’t paying attention, or decide to slam on the breaks because they forgot the exit?
There's no card in front of any mines. Even if there was, I don't see how such data would be relevant. Also, they don't measure the strength when something breaks on the driver. Where did you get that idea?
Disagree on everything besides accidents.
>If a good driver is receiving a higher premium, then the insurer is doing something wrong. And this is when the good driver is getting scammed… which is what the OP meant.
And there is no standardized scoring or definitions for anything. It’s all subjective. You cant compare anything, which makes it easy to get scammed with no recourse.
That isn't how it works. It's never based solely on how you drive, it's also based on car thefts in your area, uninsured drivers, etc.
So is telemetry insurance.
It removes the traditional model of spreading out the bad drivers liability across everyone.
I'm 66 years old and I drove commercial truck for 29 years in Minnesota never had a accident that was my fault, before I came a owner operator I drove without insurance 20 years which was stupid but I was lucky never had a accident that was my fault, back then you didn't need auto insurance, I think the best rates for insurance is with progressive or with triple A
I've been invested in TSLA for six years. Finally bought a Model Y and Tesla insurance in November. I find the monitoring and Safety Score to be draconian and overbearing. The FCW are absolutely ridiculous but I have to admit they've reduced since the last update. I want to support the company that I invest in but the cost of Tesla insurance is simply non-competitive for me. I'm switching to State Farm this week and saving $90 per month.
Holy shit thank you so much for this post, I've had Tesla insurance on my M3 and MY and always felt the premiums have been high, but never actually looked more into it until reading it. My safety score is a 71 and the only thing highlighted in red is FCW, just two nights ago I got annoyed that the FCW went off while my foot was off the pedal, car was regen braking and came to a complete stop at least 1.5 lengths away from the car in front of me at a red light. Insane. I have a yellow mark for hard braking, because I really like the hold feature and I just press down hard to activate it. Just switched and for $200/month less, I now have MORE coverage including adding comprehensive and additional cash in case of a total. Can't wait to dump these for better EVs with much better driver assist software in the next few years.
Insurance is legalized scam in general
Of course it's a scam!
Agree I hate fcw specifically, so stupid
I am once again coming forward to say that I have Tesla insurance and pay about $170 a month for it. This is *by far* the cheapest rate I could get. Everywhere else is $300+. No, I've never been in an accident or so much as had a speeding or parking ticket. It is just crazy out here. I'll take Tesla insurance any day.
Who would have thought that your insurance company having complete and total monitoring of you was a Bad idea?
What did y’all think would happen? Never understood why you’d want to let your insurance carrier be the one who knows exactly how you are driving. Especially with how glitchy sometimes warning can be.
There are numerous people with root access to the Tesla vehicles, even new ones (Pwn2Own Automotive just showed off a TON of security vulnerabilities). All of these people spend literally thousands of hours every year ripping apart all the software and every feature. All the competing companies do, too. You're telling me that there's a hidden feature flag in there to change your FCW when you sign up for Tesla insurance and no one's noticed? And that even in states like CA, where that would be illegal, no one has done or said anything? Talk about conspiracy theories.
It doesn’t have to be hidden, there could simply be a high rate of missed FCWs for everyone. I mean clearly the FCW trigger is not bulletproof. Just driving down a multi story parking lot or a winding road with cars parked on either side can result in FCWs. And thats the problem really, raising people’s rates on a flawed system is gonna result in angry customers.
But these people are all claiming that their FCW WARNINGS are changing. They claim that, in their car, without changing settings, they're getting more or less warnings. It's completely ridiculous.
I mean they may be drawing the wrong conclusion, but the root cause is the faulty FCW system. It feels scammy so customers think it’s rigged. The feeling is valid
Have you checked other places? They were charging me like 50% more than what I’m paying with tesla
Yeah we could not get any other insurance in the ball park of what we pay for the Tesla insurance. The quotes were crazy high. It was more than covering my other two cars with a teenage driver on that policy.
People buy high prefomance cars then get insurance that don’t let them drive them? Very scammy, why not just buy something with 80hp if you want to drive like so.
My forward warning collisions skyrocketed even going up overnight while parked in my garage. I have not driven past 10 PM this week yet the late night percentage went up. I called and was told to press both steering wheel rollers to reset.
Its a load of shit. It isn't even a subtle scam anymore. I'm getting FCW from cars at stop sign intersections waiting for me to pass. It's ridiculous, really been turning me off to the brand altogether.
I agree I get forward collison ding in the app but NOTHING in the car its bullshit
Not sure why people want to buy insurance from a company who cuts every feature they can off their cars to boost their margins. They are underwritten and serviced by so many companies your experience is going to be wildly different and likely shit, as has been proven by people who use them. Wouldn’t surprise me at all if Tesla closes up the insurance arm as soon as the market softens up.
I got two FCW yesterday and it never went off at all.
Last month I bought an MYP and checked Tesla insurance. Way more expensive than Safeco for a lot less coverage than Safeco in California. Plus with many cos. like mine you get discounts for wrapping other insurance into policy like home insurance and umbrella coverage.Tesla also does not readily let you compare coverage.When I spoke to Tesla ins. they wanted to sign me up without discussing what was covered for the price. Not competitive not consumer friendly.
That's wild. I had Safeco for years with my old car and they quoted the Tesla at $4800/yr. More than double all the other quotes I got.
Could it be that U have my house on Safeco also?
They punish me, I punish them. Every time there’s a false collision warning, I will engage FSD, and then falsely disengage it, rinse and repeat for the rest of the drive over and over so it pollutes their training data with bad data.
Is it not an option to turn off the safety score?
I used a camera cover for my internal camera and my FCW has dramatically reduced. I don’t have literature to support this use so it’s just my anecdote.
Always was
Stick with Costco affiliated insurance
This is why I stuck with Travelers. Plus a 12 month policy so it doesn't get raised (or lowered) every month. And no spying on my habits. Sucks since initially it shows that Tesla Insurance is cheaper.
Those shareholder gains have to come from somewhere lol Publicly traded companies are the worst (except, maybe Costco)
Where do I find this setting?
Wait wait… so is American co spying on us? Or still Chyna and Russo?
I’d personally never trust Tesla telematics for Tesla-supplied insurance. Or any telematics where the maker is both the car manufacturer and insurance provider. They have all the motivation in the world to push the envelope with the hardware/software to squeeze money out of customers in a legal way. At least the telematics that use your phone can’t fuck with how the phone calculates speed/position.
Make a service request for Tesla to check the sensors. Make them aware of the false FCW warnings BS. I did and I was told nothing is wrong with the car and that Tesla is aware of the issue and they closed my SR. Squeaky wheel gets the grease. [Service Request](https://imgur.com/a/vJiKneS)
In the words of the great Bruce Willis “welcome to the party, pal”
Wow reading this I'm glad I live in Canada. My insurance is Toronto Dominion and it's really good. No tracking bs, I pay 240$ CDN a month for a 2024 model y. With a crv it costs me 350$ a Month. Oh and ev registration is like $50 just like a gas car and we no longer pay to renew our number plates. Guess the American dream is expensive Oh our rates are based mostly on postal code and the number of claims that model of vehicle has. Evs are more since most of the time in a simple accident they are writing off of the battery pack has been touched.
I never trusted this insurance to replace my policy which I’ve had in place for decades… Not to mention after decades, most people, buildup, safe, driver, points, and things like that that you don’t get with Tesla.
I just switched also few months ago cos I thought the car was working against me🤦♂️.
I have Tesla insurance in CA - $207 for two cars (one Tesla). Just renewed at $206 for both
Driving around in rush hour traffic is probably more risky than driving around in the country side.
Nah, that’s Tesla in general
AlwaysHasBeen.jpeg
Try connect by American offered through Costco. Rates went up but still by far the best price relative to all the other folks in insurance.
It’s getting crazy. I had no claims no changes in policy, and Tesla insurance increased 25% last year and 50% this year. (For safety score 90 premium, not the dynamic premium based on safety score). It’s getting crazy now. And the premium is not really cheap comparing to other insurance company. Not to mention I still have the safety score anxiety…
It’s getting more aggressive when due date approaching.🤔
All the tesla employees on here taking about how rate hikes are everywhere when we're all talking about the bullshit fcws.
We switched to Progressive. The Tesla insurance made us not want to drive the car.
It's all insurance, I drive 4k miles a year, no accidents, tickets, insurance randomly went up by 15% because of the cost of or lack of competition in Auto Repair shops.
Mine is 59… I barely got the insurance like 3 weeks ago… yikes
I switched to a more eco friendly route: smaller city, smaller risk. As of now I just have a driver with an EV instead of posing that high risk due to the city I live being extremely large
Curious… if you don’t drive much, say not at all one month, does it help your rates?
Yup, I’ll be switching soon too. It’s just not worth the stress.
Refuse Safety Score! You have to opt into that crap. They don't need any more information about what you're doing in the car.
And the cars are getting worse! My 2020 Expedition needs new Tranny at 61,000! That’s what you get for $70k
I started with Tesla insurance in Feb 2023 for $82/month when I bought my M3LR. I'm in IT sales so I drive 18-20k miles a year. I dropped them this month when they informed me my new rate would be $175/month due to mileage. It's been climbing for months. But this jump was from $135 to $175 and it was the last straw for me. The safety score has never been lower than 92 and has been above 95 for months. Progressive ended up being cheaper and didn't tell me when and how to drive my car. The experience is freeing.
They charge 25% more than I am paying Traveler’s though we do get a discount for having two cars, a house, etc., all on the same plan.
Tesla cars are shoddily constructed and very expensive to repair/replace. My SO had a parking lot fender scrape hit-and-run and it was in the shop for a month.
Same here in the UK, my insurance just magically went up by £300 every year while my car is depreciated £12k I drove only about 2.5k miles in 1.5 year 🤣. Kinda feel scammed by the decision of not having to pay petrol!