How much do you pay for R1T insurance?

[MookieMV]

I am shopping for a new insurance plan for my 2023 R1T...how much do you pay for insurance and which company do you use?

When I got my 2022 R1T the cost of insuring it was $1100/year (Mapfre - see policy details below). In 40 years of driving, I've never caused an accident or had other issues that would drive up my premium. In December 2024 someone ran into my (parked) R1T and destroyed it. Mapfre eventually paid for a similar age/miles R1T and said they would recover the money from the guy who hit me (insured by Allstate). I was told that my premium would not go up because the accident wasn't my fault. Then, a week after the delivery of my new R1T I was sent a premium adjustment bring my insurance up to $2400/year, more than double! The difference in the cost between a 2022 and 2023 used R1T (with same specs) was only $5000. Clearly I'm being punished for an accident that wasn't my fault and I'm not inclined to keep this policy. Curious what eveyone else is paying and what the best company is. (I'm located in MA)


Bodily Injury to Others (per person/accident)
Limit: $20,000/$40,000
Deductible: N/A

Personal Injury Protection (per person)
Limit: $8,000
Deductible: Full Coverage

Bodily Injury Caused by an Uninsured Auto (per person/accident)
Limit: $250,000/$500,000
Deductible: N/A

Damage to Someone Else's Property (per accident)
Limit: $250,000
Deductible: N/A

Optional coverage

Optional Bodily Injury to Others (per person/accident)
Limit: $250,000/$500,000
Deductible: N/A

Collision (loss settlement (ACV, stated))
Limit: See Dec
Deductible: $500

Comprehensive (loss settlement (ACV, stated, agreed))
Limit: See Dec
Deductible: $500

Substitute Transportation (day/maximum)
Limit: $100/$3,000
Deductible: N/A

Bodily Injury Caused by an Underinsured Auto (per person/accident)
Limit: $250,000/$500,000
Deductible: N/A

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[DayTripping]

Still cheaper than what I am paying in TX with an excellent driving record as well. We had someone sideswipe one of our Teslas when on vacation and it jacked our rates even though it wasn't an at-fault accident. Just having a claim, your fault or not, can seem to do that based on the different insurance agents I spoke with. If we left our current carrier, it would be even worse.

 

[Donald Stanfield]

I think 2400/ year is about what I pay. 1200/year is stupidly cheap.

 

[portdirect]

I'm paying around $6k/year, comes out to around $10k/y between our R1S and R1T - the joys of living in a high crime area. Our first claim ever was for hail damage to our R1S last year, and so far, have not seen it go higher as a result (thank deity!).

 

[Zorg]

Same coverage. Rural CA, old, good driving record, multi car, multi discount, $2k a year

 

[W1SE]

I have teenage drivers. R1T and R1S. Great driving records all around. We also have a Mach-E on the coverage. Annual went up to 15,500. After re-quoting with many carriers (including Rivian) half would not cover because they don’t do teens on performance vehicles. After 8 quotes we got one at 6,500/yr.

even did a bit less for a slightly higher deductible ($1000)

glass was $0 now $50 deductible. I can live with that.

 

[iamnid]

$190/month in California for similar coverage as what you've quoted.

 

[mmbmca]

$2800/yr 2024 R1T bay area 27 yrs of driving exp All State. @iamnid whose your carrier and where are you located in California?

 

[cpfrey77]

I am shopping for a new insurance plan for my 2023 R1T...how much do you pay for insurance and which company do you use?

When I got my 2022 R1T the cost of insuring it was $1100/year (Mapfre - see policy details below). In 40 years of driving, I've never caused an accident or had other issues that would drive up my premium. In December 2024 someone ran into my (parked) R1T and destroyed it. Mapfre eventually paid for a similar age/miles R1T and said they would recover the money from the guy who hit me (insured by Allstate). I was told that my premium would not go up because the accident wasn't my fault. Then, a week after the delivery of my new R1T I was sent a premium adjustment bring my insurance up to $2400/year, more than double! The difference in the cost between a 2022 and 2023 used R1T (with same specs) was only $5000. Clearly I'm being punished for an accident that wasn't my fault and I'm not inclined to keep this policy. Curious what eveyone else is paying and what the best company is. (I'm located in MA)


Bodily Injury to Others (per person/accident)
Limit: $20,000/$40,000
Deductible: N/A

Personal Injury Protection (per person)
Limit: $8,000
Deductible: Full Coverage

Bodily Injury Caused by an Uninsured Auto (per person/accident)
Limit: $250,000/$500,000
Deductible: N/A

Damage to Someone Else's Property (per accident)
Limit: $250,000
Deductible: N/A

Optional coverage

Optional Bodily Injury to Others (per person/accident)
Limit: $250,000/$500,000
Deductible: N/A

Collision (loss settlement (ACV, stated))
Limit: See Dec
Deductible: $500

Comprehensive (loss settlement (ACV, stated, agreed))
Limit: See Dec
Deductible: $500

Substitute Transportation (day/maximum)
Limit: $100/$3,000
Deductible: N/A

Bodily Injury Caused by an Underinsured Auto (per person/accident)
Limit: $250,000/$500,000
Deductible: N/A

 

[cpfrey77]

$2800/yr 2024 R1T bay area 27 yrs of driving exp All State. @iamnid whose your carrier and where are you located in California?

About $1,800 per year

 

[Eric_partman]

That's crappy, but it may also have been a coincidence or a slight increase based on the accident and then an inflation increase. Vehicle insurance prices have skyrocketed in the last year or so. I have Geico on my ICE and it more than doubled in the last two years without any accidents or anything. I've seen articles about it and spoken to friends who are experiencing the same thing.

 

[R1TandMe]

$2k a year. It’s high because that includes my son driving and he has had tickets and a couple of fender benders.

 

[RivianRiverRat]

$118 per month
very close to the same coverages
3 vehicles and homeowners with the same company
have you been doing a lot of "launches" with your agent in the R?

 

[Joseph D]

Close to you in coverage, my collision is at 1k. Central California, late 20s single guy, completely clean record, I pay $3000 a year($255/Mo). That is after shopping around after my prior insurance raised my rate from $3000 to $4000 after the first year out of nowhere.

 

[mmbmca]

$190/month in California for similar coverage as what you've quoted.

What insurance do you have?

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