Insurance rejected Cybertruck coverage (post for awareness). Which insurance company do you use?

[Fvansan]

I know this has been covered by others, but I thought it was worth mentioning again. I have coverage automatically with my policy for 14 days from date of purchase so I’m currently covered (until Thursday) with my policy that has my home and other autos but my broker let me know they had to farm out the CB to 5 other carriers and he sent over 2 that were “competitive” while having me maintain my present coverage which I don’t want to give up on my other vehicles.

The two carriers they sent me were Progressive and Travelers but I’m not a huge fan of these big box style insurance agencies; thus the reason for my broker I’ve had for 9yrs shopping my policies every 6-12 months.

Since it will be a singular policy without a multi-policy discount I thought I’d ask the forum here who they have for their Cyberbeasts?

If anyone is interested in the denial reason they claim the high value of the car and the cost to replace parts, but I’m not really buying that because I’ve had a McClaren on the same policy for 2yrs before selling it and they never had an issue with that.
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I use USAA.

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[Beetlebug62]

I've been with LibMut for 48yrs. When I added my CT to my 2018 Model 3, my policy more than doubled. Then when I sold my Model 3, the CT alone was $235/mo, so I shopped around. I get better coverage with Progressive, $75/mo. Why? Dunno.

 

[L3it3R]

My CT and our MY are the two least expensive, the M3P is by far the most expensive one in our fleet, but the main driver is my 20 yr/old daughter

So…

 

[ABILISK]

I've been with LibMut for 48yrs. When I added my CT to my 2018 Model 3, my policy more than doubled. Then when I sold my Model 3, the CT alone was $235/mo, so I shopped around. I get better coverage with Progressive, $75/mo. Why? Dunno.

$75/mo? Sorry but I can’t see that as real unless you’re 100 years old and drive 6 miles per year.

 

[Beetlebug62]

$75/mo? Sorry but I can’t see that as real unless you’re 100 years old and drive 6 miles per year.

Yes, I'm old; but no, I drive 20mi a day; and avg 12k a year. I pay $75, and another $2 fee. I thought my coverages looked pretty standard, in fact, more than on my LibMut policy.

$452 is the 6 month amount.

 

[ABILISK]

Yes, I'm old; but no, I drive 20mi a day; and avg 12k a year. I pay $75, and another $2 fee. I thought my coverages looked pretty standard, in fact, more than on my LibMut policy.

$452 is the 6 month amount.

That’s crazy. I pay 4 times that. Yeah, I’m in my 30s, drive a lot, and mine’s the tri motor but that’s excessive. No accidents or tickets on my driving record. What company is that?

 

[Beetlebug62]

That’s crazy. I pay 4 times that. Yeah, I’m in my 30s, drive a lot, and mine’s the tri motor but that’s excessive. No accidents or tickets on my driving record. What company is that?

Progressive. Honestly, I'm pleasantly shocked.

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