How much will a Tesla Model 3 cost to insure in 2022?
Our analysis shows that the lowest level of coverage for car insurance for the Tesla Model S costs $789 annually, or $66 monthly.
Tesla Model 3 car insurance is $102 more expensive per year than insurance for a Toyota Camry, $10 more expensive than insurance for a Honda Accord, and so on when compared to the top-rated automobiles in this class.
Additionally, the cost of insurance for a Model 3 is $16 higher than that of a Chevy Malibu and $102 less than that of a Nissan Altima.
Non-electric cars typically cost $289 per month for auto insurance, according to industry statistics.
However, the annual cost of Tesla Model 3 insurance is $3,816 and is roughly $318 each month.
If you drive a Tesla Model S and only need the legal minimum amount of auto insurance, you may expect to pay an average of $789 per year, or $66 per month.
According to estimates from well-known national insurance providers, for a 40-year-old motorist in Scottsdale, Arizona with a spotless driving record,
The typical annual insurance premium for a Tesla Model 3 is $2,555.76, or $212.98 per month.
That is significantly more expensive than the $1,712 average annual cost of insurance for a comparable 40-year-old motorist.
Depending on your car's safety features and the insurance company you select, certain models may be less expensive to insure than others.
It was the Model S of Tesla that made the company famous.
The average annual insurance premium for this luxury sedan, which is available in full-size and long-range models, is $3,673.