Polestar 1 Car Insurance Rates

As a result, the Polestar 1 is both fast and expensive to insure. According to the company, Polestar 1 car insurance rates an average of $320 per month, or $3,840 per year. With an MSRP of $150,000 as a starting point, the price-to-cost ratio is 2.56 percent, which is lower than the national average of 3 percent. Nevertheless, your actual prices may differ based on a variety of variables, including your location, driving history, vehicle trim, and available extras.

What factors affect insurance for the Polestar 1?

Polestar 1 Car Insurance Rates - Polestar 1 Logo

The theft rates, vehicle performance, maintenance costs, and other factors vary depending on the fabric and model of the car while determining Polestar 1 insurance prices. In the following table, the 1 is pitted against a variety of other vehicles.

  • Type of car. The Polestar 1 is an affordable-to-insure car.
  • Theft. Because of its low theft record, this vehicle may qualify for lower insurance premiums.
  • Repairs. The cost of repairs for this vehicle is normal, and as a consequence, the insurance rates are also typical.
  • Safety rankings. Because of its high safety rating, this vehicle often has lower insurance premiums.
  • Type of fuel used. Type of fuel used. Insuring a hybrid automobile may be more costly than a traditional fuel vehicle.
  • Trim. Insurance rates often increase when you upgrade to a higher trim level or put on additional features. The base trim level of this vehicle is often chosen depending on the year model.
  • Coverage. Depending on your state’s minimum coverage requirements, you may wish to select a policy that includes liability, collision, and comprehensive insurance coverage in addition to the lower levels required by your state. In addition, your insurance premium will be more if your coverage is greater.
  • Warranty. New 1s are covered by a 48-month/50,000-mile warranty from Polestar, and the company also provides roadside assistance.
  • Deals with fabricators are common. For the time being, Polestar is offering reduced rates on 36-month leases.

What discounts does the Polestar 1 qualify for?

You may be able to save money on your Polestar 1 vehicle insurance if it has specific safety features.

  • Anti-lock brake discount
  • Anti-theft discount
  • Passive restraint discount
  • Safety device discount

Polestar 1 safety and reliability ratings

Edmunds gives Polestar 1 four out of five stars, indicating that it is a safe spacecraft. In the event of an accident, cars with high safety ratings often cost less since they are simpler to repair and safer.

Bottom line

With its low theft rate and low maintenance requirements, the Polestar 1 makes for an affordable insurance vehicle. Comparing car insurance quotes may assist you in obtaining the best available Polestar 1 coverage.

For another car insurance review, visit our review of BMW M3 Car Insurance Rates.