Tesla Roadster Car Insurance Rates

Tesla Roadster car insurance rates $3,345.48 a year, or $278.79 per month. Actual prices, on the other hand, will vary based on factors including your driving record, vehicle type, and where you live.

How do I compare insurance for the Roadster?

Tesla Roadster Car Insurance Rates - Tesla Logo

The 2020 Ford Roadster is based on the sporty convertible styling elements of the 2008-2012 model years. There are plans to make it faster and add a detachable glass roof, both of which increase the insurance companies’ risk. The following options are included with this vehicle as well:

  • Type of body. Car insurance companies are racing to stay on top of the ever-changing insurance needs of drivers who choose a sleek, fast convertible with a glass roof and a top-down design
  • Fuel. Tesla is ready to take on the competition once again, this time with a vehicle with a range of almost 600 miles. So you may go longer between $10 and $13 charges before having to recharge your phone.
  • Theft rates are on the rise. Insurance companies may be enticed by the Roadster’s projected lower theft rate compared to prior model years.
  • Maintenance. Although issues with Teslas are rare, they nevertheless require costly maintenance and a trained expert, raising the cost of insurance.
  • Coverage. Luxury insurance may provide agreed value coverage and greater policy limits to help you safeguard your investment from risk. When covering track days, don’t forget about medical costs in addition to the track.
  • Insurers have a range of options. Insurance for high-end cars may restrict your options, but firms like Chubb may be able to assist you with obtaining protection. InsureMyTesla or Electric Auto are two options for electric vehicle owners.
  • Warranty. This Tesla comes with a 50,000-mile powertrain warranty and free roadside support. Battery life on the Model 3 was advertised as eight years or 120,000 kilometers, although this has yet to be verified.

Can I get a discount on the Tesla Roadster?

While there are still many unknowns regarding Tesla’s new model, it is anticipated to include all of the previous models’ features, which may lead to reduced car insurance rates for you.

  • Anti-theft anti-lock braking system
  • Airbags
  • Discounts on electric vehicles
  • Pretensioners for seatbelts
  • Control of stability

Why is insurance on the Roadster so expensive?


The Roadster is a no-brainer when it comes to insurance costs. For this reason, your insurance will have to foot the bill for more frequent maintenance or replacements due to the high MSRP and unique components. Furthermore, with a maximum speed of 250 mph, this vehicle is likely to promote risky driving habits.

How dependable is Tesla’s Roadster?

Since no recalls or issues have been reported with prior Tesla Roadster models, the safety record of this new car may be trusted.

  • Safety. Model 3 has a five-star rating, Model S has four, and Model X has five. Model 3 is the only one of the three to get a five-star rating. However, the NHTSA has given five-star ratings to a number of other Tesla models, but has not tested the Roadster. There are five-star reviews for the Model 3, four for the Model S, and five for the Model X. However, the NHTSA has given five-star ratings to many other Tesla vehicles, but has not tested the Roadster.
  • Reliability. The Roadster hasn’t had any major problems according to previous owners of the same model year. However, if you use yours on the track, you may have to have it repaired again.
  • Recalls. The rear hub flange bolts on previous Roadsters were recalled, as was the electrical wiring.

In conclusion

The next Roadster will have a convertible top and specialist insurance coverage, so it will be a fun ride, but the premiums will be expensive. Compare insurance quotes from various companies to see which one offers the greatest value and coverage, or look into how much it would cost to insure a different car.

Check out our review of Lamborghini Aventador Car Insurance Rates for one more car insurance review.