Several Tesla Cybertruck owners have reported a sudden spike in their insurance premiums following a recent string of Tesla vandalism incidents. Some owners, insured with companies like State Farm and Progressive, have seen increases of up to 33% in their premiums.
A Cybertruck owner from Colorado, known by the username M0unt41 on the Cybertruck Owners Club forum, reported a 23% increase in his insurance premium this month without any explanation from his insurer. He believes this rise might be connected to the recent surge in vandalism and hate directed at Tesla vehicles, particularly the Cybertruck. Despite his unhappiness about the increased premium, the owner stated that he loves his Cybertruck and is willing to pay the higher premium as a form of protest against anti-Tesla vandals.
Another Cybertruck owner, with the username Gigahorse, reported a 33% increase in his insurance premium after Progressive Insurance renewed his 6-month policy. He noted that his insurance rates had been steady for 16 months prior to this sudden increase. Gigahorse has been shopping around for better insurance deals but has found that other quotes are not significantly better.
Many Cybertruck owners are unhappy about the unexpected insurance rate hikes but are choosing to continue paying the higher premiums. Some have expressed their determination to ‘stick it’ to the anti-Tesla protesters by continuing to own and insure their Cybertrucks.
The community is divided, with some commenters questioning the logic behind paying more money as a form of protest against vandalism. Others have suggested that the insurance rate increases might be due to other factors such as the high cost of repairing the Cybertruck or broader economic conditions.
As the situation develops, Tesla owners and enthusiasts will be watching closely to see how insurance rates for the Cybertruck and other Tesla models evolve in response to these incidents and other market factors.
