Anybody have an idea if we should expect a big increase in insurance costs for the ID.4? Just not sure what to expect...
Insurance costs
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Fkmich99
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I priced both and they were very similar.
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If thats the case its really going to be hard to justify this car over a Tesla (for me).
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I agree! Which is why I canceled my ID.4 and did more research. I was not nuts over Tesla prior to investigating. Losing the $7500 tax credit is tough, but I think they will be the EV leader for at least another 3-5 years.
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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
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
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I was quoted a little less than $800 a year for a 2021 MY and $750 for ID.
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Yea I should have been more clear, my 6mo premium for the Tesla would go up $379.00 the same 6mo premium and coverage for the ID.4 would be an extra $279.00... Seems like any gas savings is a moot point, I'll be losing the difference in electricity and insurance.
Are those numbers over and above what they would be for a new Tiguan or similar? Is that a pure increase just due to them being EV's?
I got quotes for insurance with State Farm in the Seattle area yesterday. They want $87/month for the ID.4 and $98/month for a Model Y (with a $2000 deductible).
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Mine is strictly for adding a 3rd vehicle. Not replacing one.
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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.
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.
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.
Progressive gave me a rate $60 cheaper than my Mazda3 for the same coverage. Currently paying $700/6 months for a 2016 Mazda3 and a 2016 Mazda MX-5. Nice that it will go down a bit. In St Pete, Florida.
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Progressive gave me a much better quote than Geico, phew. I almost panicked for a second.
High voltage battery? 😜
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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.
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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.
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.
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