Cost Of Insurance Tesla Model 3. 44 more expensive than the average vehicle. The Model X Performance AWD has the highest rates at 2180 per year.
Do note this assumes that 1 there are minimal servicing and parts replacement required 2 we are ignoring the cost of charging your car and 3 we are not including the cost of insurance. After all while it doesnt have any direct rivals something like a BMW 330d or Audi S5 Sportback both of which are close to the Model 3 Standard Range Plus on performance executive swagger and price will cost a similar. Final Cost With coverage for 3000000 liability with 300 deductibles for collision and comprehensive coverage my optional insurance cost just 53506.
Through a conventional insurer we found rates in the 1200 to 1500 range.
Insurance cost for a Tesla Model X averages 2110 per year or around 176 per month depending on the trim level. To insure a 2020 Tesla Model 3 the average driver would pay 2233 a year. One poster was quoted 2500 per year but was able to get a different company down to 800 per year. Nationwide 106month Model 3 insurance cost vs.
