How Much Does Tesla Insurance Cost?

How Much Does Tesla Insurance Cost? How Much Does Tesla Insurance Cost? Tesla insurance isn't cheap, but new coverage choices are popping up all the time. Shop around for the greatest deals. A Tesla electric car isn't cheap — the company's entry-level model costs around $40,000 — and getting insurance for one isn't cheap either. Tesla insurance can be substantially more expensive than similar coverage for other popular automobiles, despite the cars' outstanding safety ratings. Tesla Model 3 insurance costs on average According to our research, Tesla Model 3 insurance costs an average of $2,215 per year, or roughly $185 per month. This is over 40% more than the national average for auto insurance. However, premiums differ significantly from one insurer to the next. The price differential for Tesla auto insurance among the five top car insurance firms in the United States might be more than $1,000 per year. Among the nation's top insurers, Progressive had the least average premiums for Tesla Model 3 owners. Despite the fact that USAA offers lower rates, it was excluded from our research since it is exclusively available to military personnel, veterans, and their families. If you're looking for the lowest Tesla car insurance, look into smaller regional suppliers as well. They might be able to beat out the major players in your area. Tesla Model 3 insurance rates from large companies : Company Average annual rate 1. Progressive $1,815 2. State Farm $1,943 3. Geico $2,565 4. Allstate $3,331 5. USAA $1,145 The average annual cost of Tesla car insurance : !function(e,i,n,s){var t="InfogramEmbeds",d=e.getElementsByTagName("script")[0];if(window[t]&&window[t].initialized)window[t].process&&window[t].process();else if(!e.getElementById(n)){var o=e.createElement("script");o.async=1,o.id=n,o.src="https://e.infogram.com/js/dist/embed-loader-min.js",d.parentNode.insertBefore(o,d)}}(document,0,"infogram-async"); By looking around for the best Tesla vehicle insurance, you may save money. The cheapest average rate we identified in each state is shown in the table below, which might be anything from $300 to $2,000 less than the state average. We didn't include USAA in our research since it's just for active military, veterans, and their families, but if you're qualified, it's worth looking into. USAA has the cheapest Tesla vehicle insurance premiums in 30 states. Tesla Model 3 insurance rates by state : State Cheapest average rate Cheapest provider Alabama $1,252 Travelers Alaska $1,372 Progressive Arizona* $1,141 Nationwide Arkansas $1,239 Southern Farm Bureau Casualty California* $1,725 Kemper Colorado $842 American National Connecticut $1,404 Nationwide Delaware $1,394 Nationwide Florida $2,155 State Farm Georgia $1,281 Nationwide Hawaii $1,248 State Farm Idaho $510 American National Illinois* $768 Pekin Indiana $714 Pekin Iowa $898 Hastings Mutual Kansas $1,212 Farm Bureau Financial Services Kentucky $1,948 Grange Louisiana $2,067 Southern Farm Bureau Casualty Maine $715 Concord Group Maryland $1,268 Nationwide Massachusetts $686 State Farm Michigan $1,410 Pioneer State Minnesota $1,021 Farm Bureau Financial Services Mississippi $1,358 Mississippi Farm Bureau Missouri $1,653 Missouri Farm Bureau Montana $1,474 Nationwide Nebraska $997 Nationwide Nevada $1,349 Progressive New Hampshire $767 Concord Group New Jersey $1,349 Plymouth Rock New Mexico $1,430 Farm Bureau Financial Services New York $606 Main Street America North Carolina $1,170 State Farm North Dakota $1,118 Nationwide Ohio* $739 Hastings Mutual Oklahoma $1,612 Progressive Oregon $981 Nationwide Pennsylvania $1,041 Penn National Rhode Island $1,129 State Farm South Carolina $624 American National South Dakota $1,220 Farmers Mutual of Nebraska Tennessee $1,141 Grange Texas* $1,351 Nationwide Utah $1,039 Nationwide Vermont $793 Nationwide Virginia $827 Nationwide Washington $933 Oregon Mutual Washington, D.C. $1,472 Erie West Virginia $1,073 Nationwide Wisconsin $895 Hastings Mutual Wyoming $1,813 Farmers Compare Car Insurance Rates And Reviews Best temporary car insurance of 2022 the best car insurance agents 2022

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How Much Does Tesla Insurance Cost?

How Much Does Tesla Insurance Cost?

How Much Does Tesla Insurance Cost? Tesla insurance isn’t cheap, but new coverage choices are popping up all the time. Shop around for the greatest deals.

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