MoneyGeek discovered that the average total annual insurance expenses for the Tesla Model Y are $2,878 (as opposed to $6,060 every six months),
despite the fact that individual circumstances do significantly affect premium variance.
Compared to an average vehicle model, the annual cost of insurance for a Tesla Model Y is $2,878 as opposed to $1,451.
It will often cost you $789 a year, or $66 a month, to get the bare essentials of auto insurance if you drive a Tesla Model S and your state's legal minimum is all you need.
Our data show that Progressive, with a median annual cost of $2,309, is the least expensive car insurance provider for Tesla Model 3 drivers.
According to the person, the value of each Tesla Insurance coverage varies,
depending on things like their driving history and other things that normally have an impact on insurance premiums.
Tesla insurance costs vary by model, but owners should also think about the potential impact different trims have on auto insurance rates when buying a car.
Depending on the model, modifications, and coverage levels you choose, you cananticipate varying insurance expenses if you drive a Tesla Y.
Compared to many other premium vehicles, Teslas are more expensive to insure due to their higher accident insurance costs and greater repair costs.
Tesla intends to use its understanding of the safety features and partially automated driving] technology of the Tesla
to lower insurance costs for drivers, particularly those using the company's Autopilot system.
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