IS TESLA INSURANCE ANY GOOD?

EV Channels Review

The reviewer provides a comprehensive, albeit frustrating, look at Tesla Insurance, contrasting it with traditional insurers like State Farm. While Tesla Insurance offers significant cost savings, particularly noted at $232.62/month for a Model Y Performance compared to State Farm's $358/month (even with discounts), the trade-off is severe customer service issues. The reviewer recounts an almost year-long ordeal to get a deductible reimbursed after an accident, citing poor communication and system failures. Filing a claim against another Tesla-insured driver also proved to be a lengthy and difficult process. Despite these drawbacks, the reviewer initially opted for Tesla Insurance due to the substantial savings. However, the experience of trying to remove a vehicle from the policy further highlighted the poor customer service. The video also touches upon the difficulty of obtaining new insurance policies in California due to regulatory issues and the high cost of claims, mentioning Costco Connect, Allstate, and Progressive as alternatives, with Progressive requiring a six-month upfront payment and a lengthy information gathering process. Ultimately, the reviewer questions whether the cost savings are worth the potential headaches and poor service, leaning towards the reliability and better customer support of State Farm, despite its higher cost.