Insurance cost / quotes / premiums for Cybertruck -- what's yours? 💲

[Phones And Drones]

Im in FL, have State Farm, 2 car policy with home and auto bundled, swapping my 2021 refresh S for the AWD CT, it is increasing my payments $92 a year. Not bad i would say. No accidents or claims *Knock on wood*

Hope this helps and others can post their findings here!

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[MInnesooooooota]

I emailed my guy just now.

That is the last hurdle before the final click.

 

[Rutrow]

Get a quote that will cover the cost of FSD replacement. My insurance company won't cover it.

 

[TruckDaddy]

With Cybertruck, I will carry liability only. Hail damage is almost impossible.

 

[cybertruck2mars]

GEICO in MD quoted me $3100/year.

 

[Tanquen]

Get a quote that will cover the cost of FSD replacement. My insurance company won't cover it.

Tesla won't help you move it to a new vehicle if you're previous one was totaled?

 

[HaulingAss]

Tesla won't help you move it to a new vehicle if you're previous one was totaled?

I don't think any car maker will let you transfer software features from a totaled car to a new one, FSD runs with the vehicle, not with the driver.

 

[Tanquen]

I don't think any car maker will let you transfer software features from a totaled car to a new one, FSD runs with the vehicle, not with the driver.

There's no reason why they couldn't. It would make sense if you're interested in being fair to the customer. There are a number of software manufacturers that will let you move a license from one computer to another or even room correction from one AVR to another if it's the same model. With a vehicle it's even worse as it's out in the elements and could be totaled by anybody at any time, even if you're not there.

 

[HaulingAss]

There's no reason why they couldn't. It would make sense if you're interested in being fair to the customer. There are a number of software manufacturers that will let you move a license from one computer to another or even room correction from one AVR to another if it's the same model. With a vehicle it's even worse as it's out in the elements and could be totaled by anybody at any time, even if you're not there.

Software companies are not heavy industrial manufacturers of large, complex products like cars, so I don't see how it makes sense to compare them. In the future, competitive pressures may very well cause automakers to move to such a business model, but for now the standard is that software features are tied to the vehicle they are purchased in, not the person who buys them.

The buyer has multiple options:

1) Don't buy the feature
2) Buy the feature but insure the value of it with your insurance policy
3) Buy the feature but don't insure the value of it with your insurance policy
4) Don't buy the car

 

[Tanquen]

Software companies are not heavy industrial manufacturers of large, complex products like cars, so I don't see how it makes sense to compare them. In the future, competitive pressures may very well cause automakers to move to such a business model, but for now the standard is that software features are tied to the vehicle they are purchased in, not the person who buys them.

The buyer has multiple options:

1) Don't buy the feature
2) Buy the feature but insure the value of it with your insurance policy
3) Buy the feature but don't insure the value of it with your insurance policy
3) Don't buy the car

Tesla is super software savvy. Enabling features based on codes in the car, etc. And there's no reason they couldn't help folks out and simply move the license over. Especially if your car is totaled and you're getting the same model. It does make them more money theoretically, but there's no reason they couldn't do it. The type of company and what they manufacture doesn't matter. They don't have to be tied to the person and move to any vehicle or model they ever purchase. Just simply, car got destroyed, move license to new car. Just like Dirac does with AVRs. It's not a big deal.

 

[Ezman]

Tesla is super software savvy. Enabling features based on codes in the car, etc. And there's no reason they couldn't help folks out and simply move the license over. Especially if your car is totaled and you're getting the same model. It does make them more money theoretically, but there's no reason they couldn't do it. The type of company and what they manufacture doesn't matter. They don't have to be tied to the person and move to any vehicle or model they ever purchase. Just simply, car got destroyed, move license to new car. Just like Dirac does with AVRs. It's not a big deal.

There was short time period last year that they were allowing the move of FSD to a new vehicle. My wife bought a 23 model Y and transferred our FSD from my 2017 model S. Think it ended in September.

 

[Tanquen]

There was short time period last year that they were allowing the move of FSD to a new vehicle. My wife bought a 23 model Y and transferred our FSD from my 2017 model S. Think it ended in September.

Yeah, it seems like a small doable thing to help out their customers. I'm not sure why they don't just do it. Like when I had my Model S and they allowed you to purchase access to the extra battery and a bump in speed or uncork it or whatever. Originally they wanted a lot more but eventually they put out an offer for, I think it was $500 bucks and I went ahead and did that. A guy actually had to come out and mess with it on a laptop to do it. Broke one of the tabs on the little cubby they pull out to get access. There's no reason they can't do that kind of stuff, especially if somebody's lost their vehicle.

 

[HaulingAss]

Yeah, it seems like a small doable thing to help out their customers. I'm not sure why they don't just do it.

Are you saying that for $12K Full Self Driving should be a lifetime service tie to the original purchaser? Wouldn't that create a different value proposition for a 21-year-old compared to a 70-year-old?

How many years do you think one purchase should cover you for?

 

[Bartman]

Anyone considering gap insurance?

Anyone considering gap insurance?

Never had any GAP Insurance, but I thought GAP Insurance was in case, due to depreciation, the vehicle became worth less than the amount you owed on the loan. Think Cybertrucks will do far better than other vehicles, as far as depreciation goes, at least for the first few years, when they are in high demand. So does not seem like it would be needed.

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