How much is it to insure a Tesla?

I live in New Orleans and I am thinking about getting a new 2021 Tesla. I want to make sure I look at the total cost of owning a Tesla. Does it cost more to insure than other vehicles?

Answer
“The cost of insurance for a Tesla will vary depending on factors like age, driving history, and location. Louisiana has the highest average insurance cost for Tesla and I am sure living in the Big Easy will cost even more than in other parts of the state.
Don’t let this discourage you, there are many things you can do to help lower the cost of your car insurance. All of the discounts that apply towards a gas vehicle will apply to an elective vehicle such as:
The best thing to do is to shop insurance premiums with as many providers as you can. Downloading the Jerry app can make this easy! Jerry gathers personalized quotes with over 50 top insurance companies, like Nationwide and Allstate, and delivers the lowest rates straight to your phone in minutes. The average Jerry driver saves $879 a year on car insurance!
Also, do some research on the cost of ownership for a Tesla. They do have a much lower cost of yearly maintenance than other vehicles, which can help offset the price of car insurance.”
Shannon Martin
Answered on Oct 14, 2021
Shannon is an expert in personal lines liability insurance with 13 + years of insurance industry experience. She also served as a special insurance liaison to AARP members for 6 of those years. She is a graduate of UL Lafayette and currently resides in NY with her family. Shannon is also an amateur juggler, ukulele player, and is a time travel paradox theory enthusiast.
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