2018 Tesla Model X Car Insurance Cost in 2024 – 7 Ideas for Best Prices

Confused by the number of car insurance choices in your area? Many other drivers are as well. Vehicle owners have such a large number of options that it is a difficult mission to find a more affordable company.

It’s a good idea to compare prices quite often because car insurance prices trend upward over time. Just because you had the lowest rates on Model X insurance two years ago the chances are good that you can find a lower premium rate today. Forget anything you know (or think you know) about car insurance because we’re going to show you the only way to save on car insurance.

Cut your car insurance rates with these seven discounts

Car insurance companies don’t always publicize all possible discounts in an easy-to-find place, so the list below gives a summary of both the well known in addition to some of the lesser obvious credits available to you.

• Anti-theft Discount – Cars and trucks with anti-theft systems are less likely to be stolen and therefore earn up to a 10% discount.
• E-sign Discounts – A handful of car insurance companies give back up to $50 for buying your policy on the web.
• Discounts for Safe Drivers – Drivers without accidents can save as much as half off their rates on Model X insurance than drivers with accidents.
• Waiver for an Accident – This one isn’t a discount, but some insurance companies will forgive one accident before your rates go up so long as you haven’t had any claims before the accident.
• Save with More Vehicles Insured – Having multiple cars with the same company can get a discount for every vehicle.
• Defensive Driver Discounts – Completing a safe driver course could cut 5% off your bill if you qualify.
• Anti-lock Brake System – Vehicles with ABS and/or traction control can stop better under adverse conditions so companies give up to a 10% discount.

A quick disclaimer, some credits don’t apply to the whole policy. The majority will only reduce specific coverage prices like comp or med pay. So when the math indicates you would end up receiving a 100% discount, it’s just not the way it works.

To see a list of insurers with discount rates, enter your zip code here.

Finding auto insurance

When comparison shopping, there are several ways to compare rate quotes from many available auto insurance companies in your state. The recommended way to do a complete rate comparison is to jump online and get quotes. This can be done using a couple different methods.

1. The recommended way consumers can make multiple comparisons is to use a rate comparison form. This type of form prevents you from having to do multiple quote forms for every company. One quote request will return quotes direct from many companies. It’s the fastest way to compare.
2. A slightly less efficient method to obtain and compare quotes online requires you to visit the website for every company you want to compare and repeat the quote process again and again. For sake of this example, we’ll pretend you want to compare rates from Auto-Owners, Esurance and Farmers. You would be required to go to each individual site to enter the same coverage data repeatedly, and that explains why we recommend the first method.
3. The last way to get price estimates is to waste gas driving to and from local insurance agencies. The ability to buy insurance online eliminates the need for an insurance agent unless you’re the type of person who wants the professional advice of an agent trained in personal lines coverage. Although, it is possible compare the best prices online but have your policy serviced through an agent.

You can use whichever method you prefer to find lower rates, just make darn sure you compare the exact same coverage data for each price quote. If you enter different liability limits you can’t possibly decipher which rate is best. Just slight variations in coverages could throw off the whole comparison. And when price shopping your coverage, comparing a wide range of rates will increase your chances of finding the best rates.

You are unique and your insurance should be too

When it comes to buying the best insurance coverage, there really is no single plan that fits everyone. Everyone’s situation is unique.

For instance, these questions can aid in determining if your situation might need professional guidance.

• Does coverage extend to Mexico or Canada?
• Should I bundle my homeowners policy with my auto?
• Does car insurance cover theft of personal property?
• What if I don’t agree with a claim settlement offer?
• Are split liability limits better than a combined single limit?
• Does my policy pay for OEM or aftermarket parts?
• When can I cancel my policy?
• How many claims can I have before being cancelled?
• Am I covered when pulling a rental trailer?

If you’re not sure about those questions then you might want to talk to an agent. If you want to speak to an agent in your area, take a second and enter your zip code.

Be skeptical of auto insurance ads

Respected companies like State Farm, Allstate and GEICO constantly bombard you with ads in print and on television. All the ads convey the message that drivers can save some big amount just by switching your auto insurance policy to them. How is it plausible that every one can charge you a lower premium? This is the trick they use.

Companies quote the lowest rates for the type of insured they prefer to insure. For instance, this type of driver may be over the age of 50, has no driving citations, and the vehicle is rated for pleasure use. A customer getting a price quote who meets those qualifications is entitled to the best price and therefore will cut their rates if they switch.

People who do not match these standards will be quoted higher premium rates and ends up with the customer buying from someone else. The ad wording is “people that switch” not “everyone that quotes” can get the lowest rates when switching. That is how insurance companies can make the claims of big savings. Because each company has a different risk profile, it is so important to quote coverage with many companies. It’s not possible to predict which insurance companies will have the lowest rates.

What insurance coverages do you need?

Knowing the specifics of a insurance policy aids in choosing which coverages you need and the correct deductibles and limits. Insurance terms can be difficult to understand and even agents have difficulty translating policy wording.

Comprehensive insurance

Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as hitting a bird, damage from a tornado or hurricane, vandalism, theft and damage from flooding. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage reimburse you for bills for things like ambulance fees, pain medications, surgery and prosthetic devices. The coverages can be used in conjunction with a health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants as well as any family member struck as a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Liability coverage

This coverage provides protection from damages or injuries you inflict on other’s property or people. Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 50/100/50 which means $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage protects against things like bail bonds, repair bills for other people’s vehicles, loss of income, attorney fees and repair costs for stationary objects. How much liability coverage do you need? That is a personal decision, but consider buying as much as you can afford.

Collision insurance

This pays to fix your vehicle from damage resulting from a collision with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for things such as damaging your car on a curb, crashing into a ditch, rolling your car and hitting a parking meter. Collision is rather expensive coverage, so consider dropping it from older vehicles. Drivers also have the option to raise the deductible to get cheaper collision coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This provides protection when other motorists either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage should not be overlooked.

Shop. Compare. Save.

As you shop your coverage around, never buy lower coverage limits just to save a few bucks. In many cases, consumers will sacrifice collision coverage and found out when filing a claim that it was a big mistake. The proper strategy is to purchase plenty of coverage at an affordable rate, but do not skimp to save money.

We’ve covered some good ideas how to save on 2018 Tesla Model X insurance. It’s most important to understand that the more rate quotes you have, the higher the chance of saving money. You may even find the best price on auto insurance is with a small local company.

Consumers leave their current company for a number of reasons such as policy cancellation, not issuing a premium refund, delays in responding to claim requests and policy non-renewal. It doesn’t matter why you want to switch finding a new company is pretty simple and you could end up saving a buck or two.