Insuring A Tesla Model 3. One of the not-so-discussed ways is that Tesla actually provides insurance to compete with the GEICOs and Progressives of the world. The average cost per year of insuring a Tesla Model 3 is 1128 today while the average cost to insure a Camry LE is 1212.
Thats nearly 315 more than the average car insurance rate nationwide 1920 for all vehicles. The average monthly car insurance premium for the Tesla 3 is a surprising 88 a month which comes to 1056 a year. In the UK Tesla has collaborated with Direct Line Car Insurance as they understand Tesla drivers value technology and safety.
States in the future.
Its about the same price as standard car insurance just 24 more but higher than the cost to insure other car models with the exception of convertibles. My Model 3 insurance with GEICO isnt expensive actually its less than it was for my Model S. One of the not-so-discussed ways is that Tesla actually provides insurance to compete with the GEICOs and Progressives of the world. At a starting price of 52990 the Tesla 3 is the cheapest Tesla to insure though you might want to increase your maximums to fully protect this luxury car.