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What Makes a Good Tesla Insurance Provider?

Published on
27/10/2023

The rise of electric vehicles (EVs) has become apparent in our highly digitalised landscape and will only continue to grow in popularity. In Singapore especially, more car owners will start making the switch from petrol cars to EVs as the government plans to phase out internal combustion engine (ICE) vehicles and have all vehicles run on cleaner energy by 2040. 

A good Tesla insurance provider is highly sought-after to ensure proper coverage. Here are some key qualities to look out for before deciding on your Tesla insurance provider. 

Credibility and Experience

One of the attributes of a good Tesla insurance provider lies in the credibility and experience the organisation possesses. Working with a credible Tesla insurance provider gives you greater peace of mind, without having to worry about scams or hidden costs being involved. In addition, with long-standing experience, you can be sure that your Tesla insurance provider understands the ins and outs of car insurance processes and has the capability to support you in the best way possible. These are qualities you can expect at Liberty Insurance. As a 100% owned strategic business unit of Liberty Mutual Insurance Group, we are a diversified global insurer and the sixth-largest property and casualty insurer in the U.S based on 2019 direct written premium.

And also, as Tesla's preferred insurance provider, we are ready to support your needs by providing the most appropriate coverage for you, delivering top-notch service, and ultimately enhancing your Tesla car ownership experience. 

Comprehensive Coverage

Comprehensive coverage is one of the most important elements of car insurance as it protects the driver from many things that could happen with their vehicle. At Liberty Insurance, we understand the importance of this and thus, offer extensive Tesla-tailored insurance coverages to provide you with the Tesla protection you deserve.

That's why we have created InsureMyTesla, a customised insurance solution underwritten by Liberty Insurance that provides the following bespoke coverage for Tesla car owners:

  • Coverage for LTA-approved autopilot and full self-Driving capability features for Tesla cars

  • Accidental damage and public liability coverage on designated and private electric chargers

  • Coverage of Tesla car top glass roof under windscreen excess

  • Personal accident benefit for policyholder (Up to S$100,000), Authorised Driver (Up to S$20,000) and Passengers (Up to S$10,000)

  • 24 months New-for-old replacement vehicle benefit

  • Loss of use benefit of up to 10 days

Above are just some examples of the coverage we provide for Tesla car owners. A full list of terms and conditions will be reflected in our policy document to help you make an informed decision with regards to your coverage plan.

Exceptional Customer Service

As the coverage for Tesla car insurance in Singapore differs from other conventional vehicles, customers selecting a plan would need to sieve through the various plans and the complicated jargon. In this instance, having a quality Tesla car insurance representative becomes extremely helpful to guide you through coverage plans and claim processes. Part of what contributes to exceptional customer service is transparency and honesty. Though insurance companies must provide the public with key details regarding policies terms and conditions by law, not all do so. At Liberty Insurance, we take pride in being upfront, with a well-positioned team to help you decide on a plan that best suits your needs.

Car insurance is a long-term investment. It is important to take the time to choose your provider wisely for a smooth and seamless car insurance experience. For a start, consider the above-mentioned qualities and ensure that your Tesla insurance provider possesses them. 

Discover how InsureMyTesla, our customised insurance solution for Tesla cars, can enhance your Tesla ownership experience today.

Learn more about InsureMyTesla here

Interested to experience the advanced technology and unparalleled performance of Tesla's latest electric vehicles? Meet the Model 3 and Model Y at Tesla's Experience Centre today. 

 Meet Tesla Model 3 and Model Y here

Disclaimer: The information provided in this article is for general information only and is not intended to provide a complete descriptions of all terms, exclusions, and conditions applicable to every insurance product or service offered by Liberty Insurance. Liberty Insurance makes no representations or warranties of any kind whatsoever that the information and materials contained on our website are suitable for your needs, are complete, timely, reliable, or are free from errors, inaccuracies or typographical mistakes. Please refer to our website terms and conditions (Terms and Conditions | Liberty Insurance Singapore) for the terms of use and refer to the policy wordings of the products for more details on the relevant terms and conditions