Tesla Model 3 insurance image courtesy of QuoteInspector.com
I can't think of anyone who likes having to buy auto insurance, especially when they are aware that the cost is too high.
It's safe to assume that insurance companies want to keep you from comparing rates. People who get price quotes annually are likely to buy a new policy because of the high probability of finding discount prices. A recent study showed that people who compared rates annually saved over $3,500 over four years as compared to drivers who never shopped around.
If finding discount rates on car insurance is your target objective, then having an understanding of how to compare auto insurance can make it easier to shop your coverage around. Big companies like State Farm, GEICO and Farmers Insurance all promote huge savings with advertising and consumers find it hard to separate fact from fiction and take the time to shop coverage around.
You need to quote other rates occasionally since rates trend upward over time. Just because you had the best rate on Tesla Model 3 insurance in San Antonio six months ago the chances are good that you can find a lower price today. Forget all the misinformation about auto insurance because you're about to find out one of the quickest ways to lower your rates without sacrificing coverage.
Earn discounts on San Antonio insurance
The price of auto insurance can be rather high, but there may be some discounts to cut the cost considerably. Many discounts should be triggered when you quote, but less common discounts must be specifically requested before they will apply. If you check and find you aren't receiving every discount possible, you could be paying more than you need to.
- Good Driver Discounts - Accident-free drivers can save as much as half off their rates compared to accident prone drivers.
- Safety Course Discount - Participating in a course that instructs on driving safety could cut 5% off your bill if you qualify.
- Drivers Ed for Students - Make teen driver coverage more affordable by requiring them to take driver's ed class if it's offered in school.
- Professional Memberships - Being a member of certain professional organizations could qualify you for a break on your bill.
- Discounts for New Vehicles - Insuring a vehicle that is new can save you some money compared to insuring an older model.
- No Accidents - San Antonio drivers who stay claim-free have much lower rates when compared to drivers with a long claim history.
- Save over 55 - If you're over the age of 55, you may receive a discount up to 10%.
- Government Employee Discount - Having worked for a branch of the government could qualify for a slight premium decrease but check with your company.
- Seat Belt Discounts - Buckling up and requiring all passengers to fasten their seat belts could cut 10% or more off the personal injury premium cost.
Don't be shocked that some credits don't apply to the overall cost of the policy. Most only reduce individual premiums such as liability, collision or medical payments. So when it seems like you can get free auto insurance, insurance companies wouldn't stay in business. Any qualifying discounts should help lower your overall bill.
A few of the larger companies and their offered discounts are shown below.
- State Farm has discounts for passive restraint, good student, anti-theft, defensive driving training, student away at school, Steer Clear safe driver discount, and multiple autos.
- Progressive offers discounts including good student, multi-policy, online signing, multi-vehicle, continuous coverage, homeowner, and online quote discount.
- Travelers has savings for early quote, IntelliDrive, home ownership, good student, hybrid/electric vehicle, driver training, and multi-car.
- American Family offers discounts for defensive driver, TimeAway discount, air bags, early bird, and good driver.
- Liberty Mutual may have discounts that include hybrid vehicle, multi-car, safety features, new vehicle discount, newly retired, and multi-policy.
When comparing rates, check with all companies you are considering how many discounts you can get. Some discounts listed above may not be offered in every state. To see a list of insurance companies who offer free Tesla Model 3 insurance quotes in Texas, click here.
Buy San Antonio Tesla Model 3 insurance online
The auto insurance companies shown below are our best choices to provide comparison quotes in Texas. If the list has multiple companies, we recommend you visit two to three different companies in order to get a fair rate comparison.
Quote Tesla Model 3 Insurance for Less
Many things are part of the calculation when you quote your car insurance policy. Some are obvious such as your driving history, but others are not as apparent such as your marital status or how financially stable you are. The best way to find cheaper car insurance is to take a look at some of the elements that play a part in calculating your premiums. If you understand what controls the rates you pay, this allows you to make educated decisions that could result in lower car insurance prices.
- Save money by having good credit - An insured's credit rating is likely to be a major factor in determining premium rates. If your credit score can use some improvement, you could save money insuring your Tesla Model 3 by improving your rating. Insureds with good credit tend to be better drivers and file fewer claims as compared to drivers with poor credit.
- Do you know your coverage deductibles? - The deductibles you choose represent how much money you are required to pay before a claim is paid by your company. Protection for physical damage, otherwise known as comp (or other than collision) and collision, covers damage that occurs to your car. Examples of some claims that would be covered are collision with another vehicle, fire damage, and damage caused by road hazards. The larger the amount you are required to pay out-of-pocket, the less your company will charge you for insurance.
- Safety first - Vehicles with high crash test scores cost less to insure. The safest vehicles have better occupant injury protection and lower injury rates means your insurance company pays less which can result in lower premiums.
- Your gender affects rates - The statistics show that females take fewer risks when driving. That doesn't necessarily mean that women are BETTER drivers than men. Males and females cause at-fault accidents in similar numbers, but the male of the species have accidents that have higher claims. Not only are claims higher, but men get higher numbers of serious violations like reckless driving and DUI. Male drivers age 16 to 19 cause the most accidents so it costs more to insure them.
What is the best auto insurance coverage?
When quoting and comparing a policy, there isn't really a single plan that fits everyone. Every situation is different so your insurance should reflect that These are some specific questions could help you determine whether your personal situation will benefit from professional help.
- Can I rent a car in Mexico?
- Why does it cost so much to insure a teen driver in San Antonio?
- Is extra glass coverage worth it?
- Are split liability limits better than a combined single limit?
- Do I need an umbrella policy?
- When would I need rental car insurance?
- Who is covered by my policy?
- Does coverage extend to Mexico or Canada?
- At what point should I drop full coverage?
- Do I need medical payments coverage since I have good health insurance?
If it's difficult to answer those questions but you think they might apply to your situation, you might consider talking to an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies. It's fast, doesn't cost anything and can help protect your family.
When to get advice from a local insurance agent
Certain consumers still like to get advice from a local agent and that is a personal choice. Licensed agents are trained risk managers and help file insurance claims. One of the great benefits of getting online price quotes is that drivers can save money and get cheaper rates but also keep your business local.
By using this simple form, your information is emailed to agents in your area that can give you free San Antonio auto insurance quotes and help you find cheaper coverage. There is no need to visit any agencies since price quotes are sent directly to your email. In the event you want to get a price quote for a specific company, you would need to go to their quote page and fill out their quote form.
Choosing a insurance company should depend on more than just a cheap price quote. Agents should be asked these questions:
- Are they involved in claim handling?
- Has the agent ever had any license suspensions?
- Is their price quote a firm figure or are their hidden costs?
- Is every driver in your family covered?
- Can glass repairs be made at your home?
- Do they make recommendations based only on price?
- Will your rates increase after a single accident?
- Do they get paid more for recommending certain coverages?
Independent or Exclusive: It's your choice
When narrowing the list to find local San Antonio agents, there are a couple of different agency structures and how they function. Agents in San Antonio can be described as either independent agents or exclusive agents depending on their employer. Both types can sell affordable auto insurance policies, but it's worth learning the differences because it can influence which agent you choose.
Exclusive Auto Insurance Agents
Exclusive agents can only write with one company and examples are Allstate and State Farm. These agents are not able to give you multiple price quotes so you need to shop around if the rates are high. Exclusive agents are very knowledgeable on what they offer and that allows them to sell at a higher price point.
The following are San Antonio exclusive agents willing to provide comparison quotes.
Independent agencies do not sell for just one brand and that allows them to write policies through lots of different companies and help determine which has the cheapest rates. If your agent finds better pricing, an independent agent can move your coverage without you having to go to a different agency.
When shopping rates, you need to get some free quotes from independent agents to have the best price comparison.
Below are independent agencies in San Antonio that can give you rate quotes.
Legion Insurance Agency
5309 Wurzbach Rd - San Antonio, TX 78230 - (210) 693-1501 - View Map
After you get reasonable responses as well as offering an affordable quote, you've probably found a car insurance agent that can insure your vehicles.
It may be expensive, but it's not optional
Even though San Antonio Model 3 insurance rates can get expensive, buying insurance serves several important purposes.
First, the majority of states have minimum liability requirements which means the state requires specific limits of liability protection in order to get the vehicle licensed. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
Second, if you bought your Model 3 with a loan, it's guaranteed your bank will force you to have full coverage to ensure loan repayment if the vehicle is totaled. If you let the policy lapse, the bank or lender will purchase a policy for your Tesla at a more expensive rate and make you pay a much higher amount than you were paying before.
Third, insurance preserves not only your Tesla Model 3 but also your assets. It will also cover medical bills incurred in an accident. As part of your policy, liability insurance also pays for attorney fees and expenses in the event you are sued. If your car is damaged in a storm or accident, your policy will pay to have it repaired.
The benefits of insuring your car definitely exceed the cost, especially if you ever need it. Today the average American driver is overpaying more than $825 a year so it's important to compare rates at every renewal to save money.
Cheap auto insurance is out there
Cheaper auto insurance in San Antonio is definitely available online in addition to local insurance agencies, and you should be comparing both to have the best rate selection. A few companies don't offer online rate quotes and usually these regional insurance providers provide coverage only through independent insurance agencies.
When you buy San Antonio auto insurance online, it's very important that you do not skimp on critical coverages to save a buck or two. There have been many cases where an insured dropped uninsured motorist or liability limits only to regret that a couple dollars of savings turned into a financial nightmare. The goal is to purchase a proper amount of coverage at the best possible price while still protecting your assets.
In this article, we covered a lot of ways to reduce Tesla Model 3 insurance car insurance rates online in San Antonio. The key thing to remember is the more companies you get premium rates for, the better chance you'll have of finding low cost San Antonio auto insurance quotes. Drivers may even discover the most savings is with some of the smallest insurance companies. They may often insure only within specific states and give better rates than their larger competitors like State Farm and Allstate.
Even more information is available at these sites:
- Distracted Driving (Insurance Information Institute)
- Who Has Cheap Car Insurance for a Nissan Rogue in San Antonio? (FAQ)
- Who Has the Cheapest Car Insurance for College Students in San Antonio? (FAQ)
- Who Has Cheap Auto Insurance Rates for Drivers Over Age 60 in San Antonio? (FAQ)
- Teen Driver Licensing Information (iihs.org)
- Choosing a Car for Your Teen (State Farm)
- Auto Insurance FAQ (Farmers Insurance)