Why is Tesla insurance so pricey?

A special kind of protection designed especially for Tesla electric automobiles is Tesla Insurance.

 Numerous special features of the coverage are offered, such as accident forgiveness and discounted premiums for vehicles with Autopilot.

Unfortunately, Tesla owners who purchase the coverage must pay more because of these additional benefits.

This is due to the fact that when determining premiums, insurers must account for the cost of repairing or replacing more sophisticated parts.

 As these electric vehicles are more expensive than conventional gas-powered cars, they must also be compared against their higher replacement costs.

Teslas also frequently have drivers who may drive more dangerously,

which can raise insurance prices. All of this ultimately results in higher insurance costs for Tesla owners.

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