Is Tesla Insurance a good alternative to Geico?

Tesla Insurance Forum
1

Hi everyone,

My insurance premiums with Geico are really high for a 6-month period, so I’ve been thinking about switching to Tesla Insurance. For those who’ve made the switch, are there any advantages or potential issues I should be aware of? Would love to hear your experiences. Thanks!

2

Be honest about your mileage when you get your initial quote. Tesla Insurance adjusts rates based on your actual driving data, including miles driven, which they track through the car. If you drive after 11 pm often or don’t leave enough space between cars, your rate might go up significantly. This might not apply to California, though.

3

@Stormy
In California, Tesla doesn’t use Safety Score metrics for premiums, but they might adjust for mileage at renewal. Just make sure your quote matches reality.

4

I’ve been with Tesla Insurance for a couple of years. They monitor driving behavior closely—things like speeding, braking too hard, following too closely, and driving late at night. If you’re okay with changing how you drive, it might be worth it. In states like California, Safety Scores don’t apply to premiums, so check if that applies to you.

5

Before switching to Tesla, compare quotes from State Farm or Costco insurance. Geico isn’t great for Teslas, but Tesla Insurance isn’t the only alternative.

6

Adair said:
Before switching to Tesla, compare quotes from State Farm or Costco insurance. Geico isn’t great for Teslas, but Tesla Insurance isn’t the only alternative.

Surprisingly, State Farm and Costco both gave me higher quotes than Geico. Still debating if Tesla is worth a try.

7

I had Tesla Insurance in California and had a terrible claims experience. Their customer service is outsourced, and getting someone to help took days of emails and long wait times. I switched to Safeco after resolving my claim and haven’t looked back.

8

I had Tesla Insurance in Illinois for a year. It was cheaper than Geico—Tesla charged me $140/month compared to Geico’s $400/month. However, the constant monitoring of my driving stressed me out. If you’re in traffic or have to brake hard, expect your rates to go up. I eventually switched to another carrier to avoid the anxiety.

9

Tesla Insurance works best if:

  1. You don’t drive late at night.
  2. You keep a lot of distance from other cars.
  3. You live in an area with low congestion.
  4. You drive slowly into turns.
  5. You rarely use the brakes (rely on regen braking).
  6. You’re okay with no phone-based customer support.

False warnings about collisions can still affect your premiums, so be ready for that.

10

Consider working with an insurance broker to compare multiple options for free. They might find something better than both Tesla and Geico.

11

I’ve had two claims with Tesla Insurance in California, and both were resolved quickly. While there’s no phone support, email responses were prompt. Repairs were fast too—under a week for minor damages. For me, Tesla Insurance is the cheapest option, and I’m happy with it.

12

Tesla monitors driving habits and penalizes erratic driving or frequent late-night trips. Rates can climb steadily, so it might not stay the cheapest option.

13

I’m in California and planning to switch from Tesla to Geico. Tesla Insurance used to be cheaper, but the rates have gone up recently.