Insurance Rates For Tesla Model S

Selecting low 100 deductibles for comprehensive and.
Insurance rates for tesla model s. Drivers who choose higher 1 000 deductibles will pay around 1 496 each year. Progressive 45 month model s insurance premium vs. Tesla insurance is a competitively priced insurance offering designed to provide tesla vehicle owners with up to 20 lower rates and in some cases as much as 30. The tesla model s sees an average premium at 227 a month or 2 724 a year about twice the national average of 1 300 per year.
Average insurance rates for a tesla model s are 2 220 a year for full coverage insurance. Tesla insurance offers comprehensive coverage and claims management to support tesla owners in california and will expand to additional u s. Average auto insurance premium. Comprehensive insurance costs an estimated 582 a year collision insurance costs 1 186 and liability costs around 316.
Teslas are so relatively new that actuaries have little data to go off regarding how much to charge to insure them for. A policy with just liability insurance costs as low as 376 a year and coverage for high risk drivers costs 4 836 or more. Average vehicle insurance premium. Lexus insurance cost me 500 6mo premium.
I shopped around but most of the companies were like that. Seems unreal to me safety record lowered the personal injury component. Rates for 2013 ms85 going up and rates for new s85d will be 300 each per month. States in the future.
Explore the data on this page to see tesla model s car insurance premiums from top car insurance companies. Although progressive gave a good quote especially on the tesla they were higher on the other 3 vehicles even with the multicar discount so i will move most of my vehicles to geico in the next few months. Insurance rates on model s. With a 68 000 msrp the annual insurance cost to base car price ratio is 4 right at the national average.
The cheapest rate after discounts is 991. March 2015 edited november 1 in model s. The chart below illustrates average tesla model 3 insurance rates for different risk profiles and scenarios. 32 less expensive than the average vehicle.
Tesla model s insurance facts. This may be because the p100d vehicle costs more to replace as the starting cost is approximately 50 000 higher and it accelerates from 0 to 60 mph in just 2 5 seconds as opposed to 4 2 seconds. 7200 per year to insure two ms in colorado with farmers. The estimated price for a 40 year old good driver with 500 deductibles is 1 802.
Most affordable insurance company. Got a model s and it jumped to 1500.