Want the right insurance cover for your Tesla Model S? Bollington can help you obtain competitive insurance quotes from a selected range of leading insurance companies.
Tesla, the luxury electric car company founded by American billionaire entrepreneur Elon Musk, has established a strong foothold in the UK marketplace with its Model S car over the last 18 months, and globally surpassed over 100,000 sales of the vehicle in December 2015.
Why, then, does it appear to be difficult for many people to find a UK insurer that is willing to offer adequate Tesla car insurance cover at an acceptable price? Bollington Insurance has looked for the answer – and a solution.
Perhaps it is because the Tesla is innovative in its design, and therefore poses new challenges to insurers. It offers supercar performance – the fastest model covering 0-60 in just 2.8 seconds – yet does so without a traditional engine in sight. There is no precedent for insurers to refer to when such a ground-breaking car comes to market – offering unparalleled performance for an electric car, allied to a long range between charges – which means that early purchasers of the Tesla have been offered widely variable insurance premiums – and terms.
Adrian Davison, Private Clients Manager at Bollington Insurance, explains: “People will be aware of the stories of insurers asking what the cc size of the engine is, and whether it is a petrol or diesel model.
“There have also been issues with insurers purportedly not covering the battery in the vehicle, or insisting on the right to have the Tesla inspected by their own approved workshops for repairs as part of the terms of cover. Allied to this, some insurers have applied large excesses to the policy, or offered a relatively expensive premium.
“Yet the insurance market that Bollington has access to now has a good understanding of this car and the type of driver who has purchased it, so we are able to offer the level of cover that our clients expect, without unreasonable cost to them”.
Bollington Insurance understands the frustration of many UK Tesla owners, so has put facilities in place with leading insurers to provide wider than normal market cover. This includes benefits such as a comparable courtesy car in the event of theft or damage, agreed values and any driver insurance cover – and importantly, also includes cover for the battery.
Bollington not only helps you to insure your Tesla Model S with highly competitive cover at a realistic price, but also offers a portfolio of Private Client insurance including home, motor, travel and marine cover – amongst others – with a range of personal services designed to always ensure you have adequate insurance cover.
If you are looking to purchase a Tesla, or already own one, and are looking for better quality of cover and value for money when renewing your insurance, then Bollington is one of the few brokers in the UK that has the specialist knowledge required to serve you effectively. They also pride themselves on offering a personal, friendly service to their Private Clients.
Rather than struggling to obtain insurance, approaching Bollington could offer you all the insurance cover that you need, with additional benefits to boot. Contact 01625 348038 to discuss insuring your Tesla, or use the ‘Get Expert Advice’ form to request more information on the range of services that we offer.
Original image courtesy of Niels de Wit from Lunteren, The Netherlands [CC BY 2.0], via Wikimedia Commons