Why does Tesla insurance cost so much?
Coverage for Tesla electric vehicles is provided by Tesla Insurance, a specialty policy designed specifically for these vehicles.
There are a lot of special features in this insurance, like no-fault coverage and cheaper rates for vehicles with Autopilot.
Tesla owners who purchase the coverage will notice an increase in price due to these perks.
This is because insurers must consider the expense of repairing or replacing more sophisticated components when setting rates.
The higher initial investment and higher ongoing maintenance costs compared
to gas-powered vehicles mean that these alternative-energy car owners need to plan accordingly.
How long will a Model Y battery last? - USA Vehicle