Just how much would you expect insurance to cost for a Tesla Model Y 2022?
Insurance for a Tesla can be expensive, so it's wise to compare quotes from multiple providers before making a decision.
until you've made up your mind about Tesla car insurance.
Despite the availability of less expensive alternatives, insurance for a Tesla Model 3 will cost
more than the median annual premium for a car in the United States ($1,730, or $142/month).
The high cost of repairs is a factor in the higher average auto insurance rates for Teslas,
as insurers have to pay out more on accident claims in order to repair your damaged Tesla.
Insurance for a Tesla Model Y costs about twice as much as the national average ($2,756 yearly, or $230 monthly) because Tesla itself is the insurance provider.
The average annual cost to insure a Tesla model 3 for a 40-year-old male with a good driving record living in Scottsdale, Arizona is $2,555.76.
This comes to $212.98 per month.
Tesla Model 3 insurance costs are 2.5% higher than the average national auto insurance rate of $1,551 per year,
which is based on data from all cars for the 2022 model year (not a trim).
The premiums you pay for Tesla Y insurance may change depending on the model, options, and level of protection you select.
which can also increase premiums. Ultimately, it all adds up to higher insurance rates for Tesla owners.