Why does Tesla insurance cost so much?

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Coverage for Tesla electric vehicles is provided by Tesla Insurance, a specialty policy designed specifically for these vehicles.

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There are a lot of special features in this insurance, like no-fault coverage and cheaper rates for vehicles with Autopilot.

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Tesla owners who purchase the coverage will notice an increase in price due to these perks.

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This is because insurers must consider the expense of repairing or replacing more sophisticated components when setting rates.

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The higher initial investment and higher ongoing maintenance costs compared

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to gas-powered vehicles mean that these alternative-energy car owners need to plan accordingly.

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How long will a Model Y battery last? - USA Vehicle

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