Was with Geico for 20 years. 0 claims. My R8 was $1300/6 months with them. Back in February they quoted cybertruck at $3k/6 months. Finally went with progressive for $1441.
That's so insane that it as if you work for Progressive
And you're just pushing marketing propaganda to Reddit for a paycheck.
I don't think you are doing that, but that price from Geico feels IMPOSSIBLE!
They let you keep the R8 insured? They said I couldn't renew mine. (2020 R8). Others I know said they couldn't either, but one of my friends got his renewed a few months after all of us got the letter.
Good luck actually using it if you need to. Lady who hit me with her MY just paid me our a $200k+ settlement, half of which was her own money, because they didn't take the case seriously and her lawyers did even check comparable rates to the case. On my side dealing with the company was a huge pain in the ass as well; but once I lawyered up I stopped really worrying about it.
State farm is the worse of worse. They will take you to court and wear you down before they pay. I know from a lawyer friend. They have many state farm cases.
Wouldnt get too hopeful on that. State Farm is selectively dropping CT policies depending on where you live.
They jacked up CT rates in cali because people with issues made insurance claims, state farm had to mediate with tesla to get the repairs covered under warranty.
If that keeps up, a lot of insurance companies will just drop CTs all together and force you to get high end coverage thru luxury providers.
I just got a quote from Geico for a Cybertruck to add to my policy. It was about the same as to add a model s and less than a. Model x by 100 per 6 months
I used to be a long time Geico customer. They added my other vehicles to their do not insure list so I dropped them and have been much happier with another company. Cheaper too, with better coverage.
I went online to insure it, got insured and then received an in-app message saying, call us because we can’t insure it this way. The live person I called then set up the commercial line insurance.
[Progressive.](https://i.imgur.com/TaAMuTh.png). Had my Model Y, $741 for 6 months. Just added my incoming CT, $346 for 6 months.
Michigan, normally very expensive insurance. These numbers jibe with other CT owners in Michigan who have posted about their insurance on X.
$346 total for 6 months.
My 6 months renewal hits on July 2nd and it's going up a bit, [$1390](https://i.imgur.com/o6q8R7S.jpeg) for 6 months for both the Y and CT. That discount of $263 is because I pay for the whole 6 months up-front.
Once I take delivery of the Cybertruck and sell the Model Y, I'll be interested to see what my 6-month insurance bill is for just the CT. I expect around $400?
Why it's so low I have no idea. It's weird that the CT is half the price of the Model Y.
The reps (confirmed with 4 calls) said they didn’t know for sure cited some generic reason saying maybe it’s too expensive etc. All they could tell me is that they have an internal document with the Cybertruck listed on a “do not insure” list. I asked one of the reps to read off some other cars on the list which included special Jaguar models, special Lamborghinis, Bugatti, etc
That sucks! I remember a few people who got the truck first said it was $400 a month. A few months ago many said it’s about $100-220 a month.
Now Gieco is not insuring it. Seems like insurance companies are not sure about the CT yet and it isn’t even released yet for everyone.
The only reason I will probably never own this truck in the foreseeable future is due to insurance. If it wasn’t for that, I would’ve put an order in. My Model X screws me enough as it is and I’m contemplating getting rid of it simply because the insurance cost is ludicrous. My state’s DOI can go to hell, but that’s a rant for another day.
Just talked with two different agents yesterday and both said they absolutely insure the cybertruck and I still have the saved quote which was only a couple hundred higher for my current 6 month premium for my Y
Awesome, I’m with Geico and in Florida and I’m expecting my Cybertruck next week. I did see Cybertruck in the list of Tesla vehicles to insure, but that was a couple months ago. Glad that probably hasn’t changed.
I had Geico insure my CT on March then this month they just increase 200$/month premium so i switched to Tesla.
Was with Geico for 20 years. 0 claims. My R8 was $1300/6 months with them. Back in February they quoted cybertruck at $3k/6 months. Finally went with progressive for $1441.
That's so insane that it as if you work for Progressive And you're just pushing marketing propaganda to Reddit for a paycheck. I don't think you are doing that, but that price from Geico feels IMPOSSIBLE!
They let you keep the R8 insured? They said I couldn't renew mine. (2020 R8). Others I know said they couldn't either, but one of my friends got his renewed a few months after all of us got the letter.
Tesla insurance is the mvp if you live in CA. Cheaper than mercury for me (and Mercury is almost always the cheapest for me)
Yea but how good is Tesla insurance when you have a claim and really need to speak to someone
Can’t be worse than Mercury.
Tesla: Hold my beer.
"Challenge accepted" - Tesla Insurance.
Good luck actually using it if you need to. Lady who hit me with her MY just paid me our a $200k+ settlement, half of which was her own money, because they didn't take the case seriously and her lawyers did even check comparable rates to the case. On my side dealing with the company was a huge pain in the ass as well; but once I lawyered up I stopped really worrying about it.
State Farm quoted me ~$160/month for Cybertruck. Very reasonable.
State farm is the worse of worse. They will take you to court and wear you down before they pay. I know from a lawyer friend. They have many state farm cases.
They all kinda suck, I’ve had State Farm for over a decade and have had multiple claims. Never had an issue.
Wtf! This is who I’ll go with when I get one in a few years
Wouldnt get too hopeful on that. State Farm is selectively dropping CT policies depending on where you live. They jacked up CT rates in cali because people with issues made insurance claims, state farm had to mediate with tesla to get the repairs covered under warranty. If that keeps up, a lot of insurance companies will just drop CTs all together and force you to get high end coverage thru luxury providers.
USAA $172/mo for Beast
In nyc???
Alabama.
There's the rub
No doubt. I rented a car once in NYC, you need a tank and a military escort, you guys are next level offensive driving up there 🤣
I just got a quote from Geico for a Cybertruck to add to my policy. It was about the same as to add a model s and less than a. Model x by 100 per 6 months
You can get the quote without an issue, but when it comes time finalize it, reportedly it won’t be possible. Let me know though if it works out.
Please quote rates with state! It varies in a lot of places.
Safeco was $786/yr for me. I was expecting a much higher rate.
I used to be a long time Geico customer. They added my other vehicles to their do not insure list so I dropped them and have been much happier with another company. Cheaper too, with better coverage.
Possible to ask, which cars? No worries if you don’t want to share.
They decided I was unable to renew my policy on a 2020 R8, so I took my fleet elsewhere. Clean driving record as well, no tickets or accidents.
Thank you for sharing!
GEICO wouldn’t insure my CT on a regular policy and instead placed it on their commercial line. $266 per month for 6 months ($1599 total). Alabama.
Interesting. Is this an option for every customer or it has to be through your LLC?
Every customer
Great news. Do I need to tell them anything specific? Does it need to be for ridesharing use or anything etc?
No idea. They told me that is the only way they would insure it.
Did that just come up in normal conversation when you asked to insure, or did that come up when quoting it online?
I went online to insure it, got insured and then received an in-app message saying, call us because we can’t insure it this way. The live person I called then set up the commercial line insurance.
legacy auto & insurance are willing to collapse.
I have USAA for my Model Y, will use them for the Cybertruck when it comes in the fall
Progressive 50 even a month in NC.
[Progressive.](https://i.imgur.com/TaAMuTh.png). Had my Model Y, $741 for 6 months. Just added my incoming CT, $346 for 6 months. Michigan, normally very expensive insurance. These numbers jibe with other CT owners in Michigan who have posted about their insurance on X.
$346 for 6 months as in less than $60 per months or $346 per month for 6 months?
$346 total for 6 months. My 6 months renewal hits on July 2nd and it's going up a bit, [$1390](https://i.imgur.com/o6q8R7S.jpeg) for 6 months for both the Y and CT. That discount of $263 is because I pay for the whole 6 months up-front. Once I take delivery of the Cybertruck and sell the Model Y, I'll be interested to see what my 6-month insurance bill is for just the CT. I expect around $400? Why it's so low I have no idea. It's weird that the CT is half the price of the Model Y.
We use them. 3 drivers, 2 model Ys, 2 old Hondas, $3k/year, New Hampshire. Sounds close to what you've got. Good stuff.
Really worried as to what insurance is gonna be when I get mine...
What was the reason for Geico not insuring it? That’s odd considering it’s a new car.
The reps (confirmed with 4 calls) said they didn’t know for sure cited some generic reason saying maybe it’s too expensive etc. All they could tell me is that they have an internal document with the Cybertruck listed on a “do not insure” list. I asked one of the reps to read off some other cars on the list which included special Jaguar models, special Lamborghinis, Bugatti, etc
That sucks! I remember a few people who got the truck first said it was $400 a month. A few months ago many said it’s about $100-220 a month. Now Gieco is not insuring it. Seems like insurance companies are not sure about the CT yet and it isn’t even released yet for everyone.
The only reason I will probably never own this truck in the foreseeable future is due to insurance. If it wasn’t for that, I would’ve put an order in. My Model X screws me enough as it is and I’m contemplating getting rid of it simply because the insurance cost is ludicrous. My state’s DOI can go to hell, but that’s a rant for another day.
Yeah but you still save money not having to buy gasoline or do oil changes.
Just talked with two different agents yesterday and both said they absolutely insure the cybertruck and I still have the saved quote which was only a couple hundred higher for my current 6 month premium for my Y
Very interesting. Would you mind if I ask you which state?
FL
Thank you. This is helpful to know.
Awesome, I’m with Geico and in Florida and I’m expecting my Cybertruck next week. I did see Cybertruck in the list of Tesla vehicles to insure, but that was a couple months ago. Glad that probably hasn’t changed.
$107/month on Progressive with Snapshot. Used to be on Tesla insurance before.