Taycan Insurance Premiums

[Redhot2474]

I pay $936 every 6 months on the TTS. That's with a $500 comp. and $500 collision deductible. That said, allow me to get on my soapbox for a moment:

Everyone here has mentioned their comp and collision deductibles and one or two of you mentioned, I assume, your Bodily Injury coverage. I understand that because we're on a car forum and so we focus on damage to our vehicles. But while of course we want to protect our vehicles, PLEASE make sure that you are protecting yourself and your family.

To do that, you need adequate UNinsured and UNDERinsured Motorist coverage. The UM and UIM coverage is the most important part of your policy because it protects you, your family, and anyone riding with you if someone random driver takes you out. Comp and collision protect your car. BI protects other drivers. UM and UIM protect YOU. Not enough people know that.

Also, there's no reason not to shop your auto insurance around every year or so for better rates. Car insurance companies are loyal to their bottom line and their stockholders, not their policyholders, so there's no reason for you to be loyal to them.

God dang well said ?‍

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[RAHRCR]

I pay $936 every 6 months on the TTS. That's with a $500 comp. and $500 collision deductible. That said, allow me to get on my soapbox for a moment:

Everyone here has mentioned their comp and collision deductibles and one or two of you mentioned, I assume, your Bodily Injury coverage. I understand that because we're on a car forum and so we focus on damage to our vehicles. But while of course we want to protect our vehicles, PLEASE make sure that you are protecting yourself and your family.

To do that, you need adequate UNinsured and UNDERinsured Motorist coverage. The UM and UIM coverage is the most important part of your policy because it protects you, your family, and anyone riding with you if some random driver takes you out. Comp and collision protect your car. BI protects other drivers. UM and UIM protect YOU. Not enough people know that.

Also, there's no reason not to shop your auto insurance around every year or so for better rates. Car insurance companies are loyal to their bottom line and their stockholders, not their policyholders, so there's no reason for you to be loyal to them.

You make great points. Given that the point of insurance is not only to protect your financial interest in the vehicle but its also to protect loved ones and your assets, I find it tough to do a compare based on premiums. A person with a modest net worth doesnt require the same level of coverage as someone with a substantial net worth. I suspect that the range is quite wide on this forum. Really hard to do apples to apples.

 

[PetroK]

I've weird situation with Taycan CT. Right now for example I've BMW iX and Tacan both on insurance, price of them is almost same around 100-110k, but for Taycan, specifically Collision component is 3x more then for iX or any of my previous vehicles. Will try to shop around.

 

[Da-man]

$196 per month just for Taycan on the policy

 

[22gts]

Just got my renewal.
No accidents or violations. Geico raised my rate from $725/6months to $890/6 months. Called and asked....was told it was an inflation increase. Suprised my car has increased 20% in value since 6 months ago /sarcasm.

Not happy. My wife's car on the same policy did not increase, actually went down. After being with geico for 10 years, maybe time for a change.

I did try to get a quote from progressive, but they stopped the application once I put in the car info. Maybe they don't like insuring taycans?

 

[Slappy_G]

Not to necro a dead thread, but wanted to add a more recent data point...

Buying a used 2021 Taycan Turbo and insuring in Ohio area. State Farm did $1500/year for just that car standalone, but bundling other vehicles and home made that policy closer to $1000/year.

Also Nationwide flat out refused to add it as a normal policy vehicle.

 

[SergeyIndy]

@Slappy_G, I asked my State Farm to quote me my upcoming Taycan Turbo and they gave me $538 every 6 months with $1K deductible after all bundle discounts, accident free, and claim free record vs. $462 every 6 months they charge me for a 3-year-old Cayenne Turbo.
I think that is pretty good and includes windshield as part of comprehensive coverage. My dealer quoted me $5k for Cayenne or Taycan windshield replacement out of pocket with part (both are thermal glass) and calibration.

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