I put in Model 3 on my Geico app and it was $1200 a year. I’m thinking it’s going to be similar, but I’m going to call soon. It’s not a dealbreaker, although it is double what I’m paying on a 2019 Lincoln Nautilus. It was about the same MSRP.

 

Geico quote was crazy high for a Model 3 for us as well. Other companies' quotes were a lot lower, and we didn't end up paying any more for the Model 3 than the much older BMW X3 it replaced. Geico may be an outlier for Teslas or for EVs in general, but as others have said it's hard to compare quotes because there are so many variables.

 

Jesus, I pay 900 a year Total for two newer (2019 and 2018) ICE vehicles and a 2018 motorcycle. Not a deal breaker still.

 

I have a guesstimate from my insurance agent and the insurance is about 58% higher for the ID.4 than my newer Acura MDX. The Acura may have been a little more expensive a couple years ago. Also $200 additional fee for license plate tags every year for EV's. No state tax breaks at all in Ohio. Then there is the cost of the EVSE and the installation. There is only one Electrify America charging station in Cincinnati, on the other side of town, so no savings there to offset the additional costs. I'm hoping that the ID.4 is a fun and reliable car.

 

Luckily I have an Electrify station within 5 miles so I will use that vs at home charging. Agree on the BS $200 in Ohio... seems counterintuitive. Hopefully insurance doesn’t jump that much but good chance it will.

 

FYI... I currently pay $505 per year on my Mazda... agent used a Tesla Model to give me new premium... was $810

 

Initially the insurance will be higher as insurance companies will not have any data on the cost to repair, once there is more data costs will start trickling down. Pointless to compare the cost to Tesla as Teslas are notoriously expensive to fix due to parts issues. Also does not make sense to compare prices on the forum as personal driving history and location are the biggest factor of price (even different zip codes in the same proximity can vary insurance prices a significant amount).

 

Perfect driving record and my rates are generally low. That's why I gave a percentage increase to a comparably priced SUV.

 

I did quotes for the e-Golf and Nissan Leaf to get an idea.

 

I just spoke to my insurance company. ID.4 is $417 for 6 months. The Model Y was virtually the same. Not to bad in my book.

 

When we got our 2019 Model 3 I got several quotes and they were wildly different for the same coverage. Ended up switching companies and paying about the same as we had been, but if I hadn’t switched the cost would have tripled. The insurance companies were comparable — prices were not. Getting multiple quotes can pay off, especially for a new vehicle or an EV where there isn’t too much data out there.

 

Since you are also in Cincinnati, I am curious what your insurance company was and is if you don't mind. Thanks.

 

Geico was the $417 for ID.4 & Model Y. Must be locales?

 

Pretty sure they just throw darts at a board with random prices on it and give you whatever they hit.

 

Thanks for the info. I have a perfect driving record and have a guesstimate $750 from Cincinnati Insurance for the year. I have been with them for about 25 years.

 

That seems pretty reasonable. I'll have to give them a try when I'm pricing out insurance for the ID.4.

 

I just read an interesting article in the German magazine Der Spiegel. They analyzed German insurances and found that the costs for EVs are usually significantly less than for their ICE counterparts since most EVs are occurring less cost for the insurance companies due to more assistance systems.

 

I'm likely sticking with the ID.4 over a Tesla simply due to insurance... I'm hoping the ID.4 will be cheaper than a Tesla.

 

I priced both and they were very similar.

 

So I called Geico (which is always the cheapest for me) and they did a ballpark comparison with a Model 3. Basically in my situation the difference per month is $100.00 +/-
The Tesla is more and the ID.4 is "estimated" to be less. But overall with the ID.4 my monthly payment will go up approx $40.00

 

I was quoted a little less than $800 a year for a 2021 MY and $750 for ID.

 

Hi all, I just got a quote (in NJ) from Geico and wanted to share.

For 6 months I was quoted $693 for the VW ID.4. With my Prius I currently pay $535.20 every 6 months for the same level of coverage. So not too bad. I have been with Geico for a long time and have quite a few discounts.

I will probably be selling my Prius this Friday so in the mean time I will have a non-owners policy for $34.52 a month until I get the ID.4.

 

We have a valid VIN now.

WVGDMPE25MK000123

That VIN worked for my insurance agent. I've got a real quote now at $50 higher per 6 months than my 2008 Honda Fit costs to insure in San Diego, CA.

 

When I used the VIN my quote went up to $1300. Ugh. Hopefully this won't be the actual quote. The one I got a month ago was much better or else no ID.4 for me!

 

My quote went up ~$14 a month from what I pay now on an Outback.

 

Does anyone put anything when asked for an anti-theft device?

 

High voltage battery? 😜

 

Just got a quote for the ID4. much less expensive then other cars i checked in the price range and over half as much as a Tesla model 3. Makes me even more happy that this will be my next new car.

 

From Progressive got the following quotes for 6 months:
Tesla MY RWD w/Vin: $528
VW FE ID4 no VIN estimate: $363

Looks like VW will for sure be cheaper insurance wise. Could even be lower once we actually have a VIN.

 

I have a VIN for mine, which I would be willing to send you in a private message if you want.

 

Just checked Progressive in Fresno and whatever VIN is posted here only resulted in a $20 a month increase over my 2012 Ford Fusion with a $500 deductible. Not bad!

 

I just checked with my Allstate agent here in PA, and he is quoting more than double my current rate, (for a 2008 Honda Fit,) at $990/6mo after discounts. I know it's a big jump in cars, but that still seems steep. Going to shop around a bit more, might be easier once I have a VIN, as most of the other insurance sites I tried don't have the ID.4 in their model selection menu yet.

 

This one was posted in another thread/earlier comment: WVGDMPE25MK000123. It's what I used on Progressive.

 

I cross shopped Progressive vs. my Farmers/MidCentury. Can’t seem to save money elsewhere after all those years with my insurer. My agent had told me that he’s not seen a quote as low as mine, I thought he was fibbing...

 

I contacted my insurance agent (Allstate) and got a quote with the fake VIN. It came back as $380 for 6 months, which is actually about $85 less than my 2019 Tiguan. Hopefully that number won't change when I get the real VIN.