Tesla Model S Car Insurance Rates

For a 2021 Tesla Model S car insurance rates on average $306.22 per month, or $3,674.64 annually. On the other hand, your precise rates are determined by factors like your driving history, vehicle type, and location.

Why is insurance for the Tesla Model S so expensive?

Tesla Model S Car Insurance Rates - Tesla Logo

The Tesla Model S has a higher insurance premium than comparable mid-size vehicles because of its higher manufacturer’s suggested retail price. In the event of an accident involving one of your pricey automobiles, you’ll be saddled with a large repair bill.

How dependable is Tesla’s Model S?

A fully electric Tesla Model S has been on the market since 2012. The big luxury automobile not only boasts the best battery life of any electric vehicle, but it also drives like a dream and has plenty of space for baggage. Tesla Model S was named World Green Car of the Year when the 2013 model year started.

The National Highway Traffic Safety Administration (NHTSA) only assessed the rollover crash test, and it got the highest safety rating available. The Insurance Institute for Highway Safety (IIHS) gave the small overlap front test and acceptable rating, which is about average. During all other IIHS crash testing, all vehicles received a perfect score of five out of five, the highest attainable.

The Tesla Model S is equipped with a variety of safety technologies as standard equipment, including automatic emergency braking, improved autopilot, and lane departure warning.

For additional car insurance reviews, check out our review of Porsche Taycan Car Insurance Rates.