Tesla Model S insurance costs on average $306.22 per month — or $3,674.64 per year — for a 2021 model. However, your real prices will vary depending on your driving history, car model, and region.
Why is insurance for the Tesla Model S so expensive?
The Tesla Model S insurance cost is more expensive, simply because it is classified as a premium car with a higher than average manufacturer’s suggested retail price. Expensive automobiles imply high repair costs in the event of an accident.
Ready to get started?
We’ve got you covered.
How dependable is Tesla’s Model S?
Tesla’s Model S has been on the market since 2012 and is an all-electric vehicle. The big luxury automobile is renowned for having the greatest range of any electric vehicle, a spacious luggage area, and world-class performance. Tesla Model S was named World Green Car of the Year in 2013.
The National Highway Traffic Safety Administration (NHTSA) assessed just the rollover crash test, which earned the highest safety grade available. The Insurance Institute for Highway Safety (IIHS) assigned an acceptable rating to the small overlap front test, an average rating. All other IIHS crash testing resulted in an excellent safety rating, the best attainable.
Lane departure warning, improved autopilot, and the automated emergency braking are all included on the Tesla Model S.
Check out our review of Ford Mustang Mach E Insurance Cost.