Insurance - Model Y

[AudiMan9000]

Can someone give me a rough idea what it costs to insure a Model Y?

[NSS89]

Better off going on the comparison sites and running some quotes.

Mines via salary sacrifice so included in the monthlies but I’ve seen other owners quoting anything between £500-£3000!

[Dingu]

As above. It’s dependant on far too many details personal to you for peoples answers to mean that much.

[somouk]

Comparison sites are the best bet. They are quite expensive to insure so be ready for some silly big quotes and some high quotes.

[georgezippy]

Mine's on a multi car and as long as I insure my other car with them then it was well under £1000. I used elephant.co.uk
I spent quite a bit of time negotiating and they were reasonably accommodating.
Sadly you'll have to spend a lot of time shopping around.

[AudiMan9000]

OP here. So I got some quotes from a comparison site. Seems the Model Y would be about £244 per year more to insure than the Q5 (which is already pretty damn expensive to insure).

[somouk]

AudiMan9000 said:

OP here. So I got some quotes from a comparison site. Seems the Model Y would be about £244 per year more to insure than the Q5 (which is already pretty damn expensive to insure).

Yeah, they are accepted as a high insurance car. Already a high insurance group and then throw in the extra issues with parts supply and time to repair the insurance companies hit them with a premium.

[AVB]

My MY is a company car so no idea on insurance but I had a MX for 5 years. Insurance was never over £500. When I swapped over from a Discovery it was cheaper to insure.

[paradigital]

Direct Line were the cheapest for my Mode 3 Perf. £486/year.

Definitely worth trying some of the insurers that aren't on comparison sites.

[L500]

Off on a tangent here but does the acceleration boost require a revised policy?

[Heres Johnny]

You can bartly blame the official owners group who for a number of years had as one of their officials a guy that owns a insurance/claims management company. He did very nicely putting a lot of people in his hire cars if they were the innoccent party even after relatively small bumps, coupled with Teslas policy of replace not repair, and then not having the aprts to do it, leading to hire car charges going up very nicely.

Coupled with sub 5 seconds 0-60 which makes it somewhat quick

Coupled with not the best brakes in an emergency

All leads to expensive claims which need to get paid for. I've seen no end of insurance companies price to win business on Teslas and then after a year won't touch them. Even the guy mentioned above started having real problems getting underwriters to touch him and his customers Shame.

[somouk]

L500 said:

Off on a tangent here but does the acceleration boost require a revised policy?

I would imagine it is something that is notifiable to the insurance.

[Familymad]

Any updates for recommendations? My Model Y arrives Thurs

[Fastlane]

Try maxing out the excess and buying a separate excess policy from ALA. That has saved me a fortune over the last 3 years on insurance in my Model 3s.

[SDK]

I've seen a lot of posts about high insurance costs for Tesla's, so thought I'd take a look.

I ran some test insurance quotes on 'Compare the Market' and these are the cheapest quotes :
-> Tesla Model Y LR : £2k
-> Polestar 2 : £750 (My current car)
-> BMW iX : £900 (My next EV : car value £80k vs £40k for the Tesla).

The Tesla Y is over double the cost to insure - same address, occupation, mileage, history, excess etc..

[Familymad]

Yep,

Was paying £445 with NFU for ‘23 RRS. Our Model Y LR is £1100 with way more excess.

So odd, as it’s not that much faster.

[somouk]

Familymad said:

Yep,

Was paying £445 with NFU for ‘23 RRS. Our Model Y LR is £1100 with way more excess.

So odd, as it’s not that much faster.

The speed isn't the issue. The lack of spares and time taken to repair them is the issue.