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

[nocyber]

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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[rbalkun]

Progressive

 

[devdrone6]

I have separate policy with progressive with me as the only driver, this was the cheapest way to do it.

 

[sefar]

I'm an attorney and deal with insurance companies daily. Can confirm that Progressive and Travelers are the only carriers writing CTs in my part of the world too. Travelers is better coverage and was cheaper for me. As a rule, insurers on TV are the worst when you have a claim.

Other carriers will pick up the CT next year as they get more Data on repair costs. More conservative companies will be slower to enter the market and those tend to be the better carriers. Like the truck itself, there is a beta testing tax on its nsurance

 

[JTzinski]

State Farm is also providing coverage. Quite affordable too, I am only paying $85/mo.

 

[REM]

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.

Do you have a way to open an account with USAA?

 

[West69]

SF $119mo for 250/500K for me in Cali on a CB. Multi Line discounts. Good Driver etc.

 

[rudedawg78]

If you were military, or a member of your family was, you can use USAA to insure your CT. That is who I use, and I have a very reasonable premium.

 

[devdrone6]

State Farm is also providing coverage. Quite affordable too, I am only paying $85/mo.

How, damn that is good.

 

[nocyber]

Guess I’m gonna have to give State Farm a call.

 

[nocyber]

If you were military, or a member of your family was, you can use USAA to insure your CT. That is who I use, and I have a very reasonable premium.

I’ve never looked into this. Both of my grandpas were in the military, but no one immediate like siblings/parents.

 

[Jack27]

Tesla gave me the best rate for both my M3 and the CT. No one was even close.

 

[nocyber]

Tesla gave me the best rate for both my M3 and the CT. No one was even close.

Looks like they only do a select few states.

 

[Jack27]

Looks like they only do a select few states.

Booo!!

 

[LuckyStrike]

I have GEICO. Only about $90 more per month to add

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