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How much does it cost to insure a Tesla Model 3?
I am thinking about getting a Tesla Model 3. How much is it going to cost to insure it?
Lauren Smith · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“Teslas are cool cars, but the cost of
car insurance
varies. How much everyone pays fluctuates and depends on several factors, including: Each state has different laws regarding car insurance, but generally, the minimum is
liability insurance
, which covers others if you’re at fault in an accident. Liability insurance for a Tesla is around $722 a year. If you need
comprehensive coverage
and collision coverage
, expect to pay significantly more as full coverage is always more expensive than liability only. A great way to check insurance rates is with the
Jerry
app. Jerry gathers quotes from up to 50 top insurance companies and provides you with the best rates based on the coverage you need.” View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
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