Research before you buy or lease a new Tesla car, truck, or SUV with expert ratings, in-depth reviews, and competitor comparisons of 2019-2022 models.
Cost To Insure A Tesla Model 3. Nationwide 106month Model 3 insurance cost vs. Automotive News reports that the average cost to insure a Tesla Model 3 is 2814 per year which is just 35 less than insuring a Porsche 911.
Tesla Insurance is a competitively priced insurance offering designed to provide Tesla vehicle owners with up to 20 lower rates and in some cases as much as 30. If youre among the first lucky customers to get your vehicle as they roll off the production line in August and September youre going to need an insurance policy to cover your fancy new 35000 machine. 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.
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The Tesla Model 3 has some available safety features that can help keep you safe and save you money on car insurance. Even if we assume that the Model 3 doesnt break down over the next 10 years and requires minimal maintenance we still need to consider 1 road tax 2 insurance cost 3 fuel and 4 parking and ERP. As stated by Tesla the road tax for the Model 3 will be 2256. Cheapest major insurance company.