Check Availability. Why You Can Trust The MarketWatch Guides Team. Tesla Model 3 Insurance Cost. Across national and regional providers, the average … If Tesla insurance is in your state I would go that route. I have a model S LR for $89.00 a month and my Model 3P is $74.00. You get graded on your safety score and your premium can go up and down based on that. If you don't have the option for Tesla insurance, perhaps try progressive, I have seen some people get some decent rates. May 8, 2015. 303. 67. Detroit, MI. Mar 24, 2017. #3. wiredprairie said: There are a lot of threads about costs of insurance and the result is that everyone's situation is different and it's nearly impossible to get meaningful and useful comparison numbers without a lot of personal details and then comparing them to yours and ....2024 Tesla Model 3 Insurance Rates by Companies. Insurance Company. 12 month Premium. New York Central Mutual Fire. $762.00 / year. Mercury Insurance Company. $771.00 / year. Plymouth Rock Assurance. $897.00 / year.Tesla CEO Elon Musk has made it official and publicly cancelled plans to produce the Model S Plaid+, a supercharged version of the upcoming Plaid version of the electric vehicle th...Average Tesla insurance costs can vary. For example, the Tesla car insurance cost in Ontario can range from $1,600 to $5,000 or more depending on the vehicle model. So, Tesla's monthly insurance can be between $130 to $400 or more. Factors that impact Tesla auto insurance rates. Auto insurance premiums for your Tesla are impacted by many factors.2 days ago · The average cost of Tesla Model 3 insurance is $223 per month for full coverage and $100 for state minimum coverage– but individual quotes can vary greatly depending on a variety of factors including model year, trim level, driving history coverage levels, and more. Car. Average Full Coverage Insurance Cost. InsureMyTesla offers three plans for fully comprehensive motor vehicle insurance – with options including coverage of your battery, Mobile Connector and Wall Connector. With a simple online process, you can receive a tailor-made quote and insure your Tesla vehicle from the comfort of your home. Tesla Motors Limited is an Introducer Appointed ... Tesla Model 3 insurance costs an average of $2,230 per year for the 2024 model or around $186 per month, depending on the trim level. With an insurance cost …Auto insurance for a Tesla Model Y will cost about $3,461 per year.. This is more than the national average for luxury SUV models by $1,236. Our car insurance comparison study assumes a 40 year old good driver with full coverage and …Read on to find out more about the latest upgraded 2023 Tesla Model 3 and how much does Tesla insurance costs in NZ. Tesla sales continue to grow significantly in New Zealand. ... The average cost to insure a Tesla Model X is $2,741 - the highest quote at $4,048 while the lowest was $1,628.For my 2020 Tesla Model 3 Performance, it weight 1,860kg with a 79.5kWh battery. From the table above, my annual licensing fee is $572+$496 ($124×4) + $114 (Levy) = HKD$1,182. As you can see from the table, it is actually significantly cheaper than a petrol car’s licensing fee.Tesla Model S car insurance at a glance: Average auto insurance cost for a 40-year-old driver: $4,866 a year. Most affordable insurance companies for Tesla Model S auto insurance: Nationwide ...2024 Tesla Model 3 Insurance Rates by Companies. Insurance Company. 12 month Premium. New York Central Mutual Fire. $762.00 / year. Mercury Insurance Company. $771.00 / year. Plymouth Rock Assurance. $897.00 / year. If Tesla insurance is in your state I would go that route. I have a model S LR for $89.00 a month and my Model 3P is $74.00. You get graded on your safety score and your premium can go up and down based on that. If you don't have the option for Tesla insurance, perhaps try progressive, I have seen some people get some decent rates. High-end electric vehicle automaker Tesla confirmed the Model 3 will start at $35,000, but could be $10,000 less with incentives. By clicking "TRY IT", I agree to receive newslette...Tesla Model 3 cars generally have higher insurance rates compared to some other vehicles. This is due to various factors such as the car’s value, repair costs, and the availability of specialized parts. However, insurance rates can vary depending on individual circumstances and insurance providers.As a result, the base Model 3’s range has increased from 305 to 344 miles, while the aptly named Model 3 Long Range can now cover up to 421 miles on a single charge – up from 374 miles previously.High-end electric vehicle automaker Tesla confirmed the Model 3 will start at $35,000, but could be $10,000 less with incentives. By clicking "TRY IT", I agree to receive newslette...The Tesla Model 3 is cheaper to maintain than many gas-powered vehicles, but it also comes with hidden costs of its own. ... the most prominent expense for the Model 3 turned out to be insurance ...The average insurance cost for a Tesla Model Y in 2024 is $3,115 per year. The Tesla Model Y was among the 25 best-selling cars in the U.S. last year, according to Kelley Blue Book. But no matter whether you bought your Tesla Model Y new or used, it’s a big investment – the average new car buyer in the U.S. paid $48,334 in July 2023 ...Mar 5, 2024 · Average auto insurance rate for a 40-year-old driver: $4,459 a year. Most affordable insurance companies for Tesla Model X auto insurance: Travelers, Nationwide, USAA*. Cheapest state for Model X ... Average Tesla insurance costs can vary. For example, the Tesla car insurance cost in Ontario can range from $1,600 to $5,000 or more depending on the vehicle model. So, Tesla's monthly insurance can be between $130 to $400 or more. Factors that impact Tesla auto insurance rates. Auto insurance premiums for your Tesla are impacted by many factors.Oct 19, 2021 ... ... cost each year to insure the various models ... Tesla Model 3: $2,114 - $2,351. Tesla Model S ... That means a model Tesla driver in Cali will pay ...While in the USA Tesla runs its own insurance company that reduces the cost of premiums based on their in-house risk factors, ... Here’s another breakdown from a user on the Tesla Model 3 & Y Australia Facebook page. Brisbane location; 2 drivers aged 55+ No claims history; 15,000kms driven per year; Not used for work;I was already a happy Root customer for a year with my previous car and was very happy to see that they believe Tesla cars are safer and less prone to problems, and therefore are cheaper to insure. Tesla Model 3 Long-Range Dual Motor (2018) Location: Texas. Collision - $1000 deductible.The average annual cost of Tesla car insurance comes in just above $3,000 ($268 per month). However, insuring a Tesla doesn't necessarily have to be an ...Car insurance for Tesla Model 3. Tesla Model 3 drivers pay an average of $563 more than the national average for full coverage insurance. However, the Model 3 is the cheapest Tesla model, and has ...MoneyGeek compares the average annual insurance cost of $2,117 for a Tesla Model 3 and how it varies by model year, driver age and location. Find out the …Mar 6, 2024 · Tesla Model 3 insurance costs an average of $2,230 per year for the 2024 model or around $186 per month, depending on the trim level.; With an insurance cost range of $248, the cheapest Model 3 insurance is on the Standard Range 2WD at around $2,094 per year, and the most expensive trim being the Performance AWD at $2,342 annually. The Model 3 is pretty cheap already: Thanks to the largesse of the federal government, the future low-cost Tesla is kind of already here. The sedan is being …Find out the average auto insurance premium for a Tesla Model 3 in your state and compare quotes from different insurers. Learn how to lower your car insurance costs with discounts, telematics, and other factors. See the cheapest and most expensive states for Model 3 insurance and how it compares to similar cars. See moreTotal excess - 750. Last year (Feb 2023) premium was £ 639.52. This year (Feb 2024) premium: £ 992.32. this is if pay at once. Monthly payments would sum to total of £1096. so 55% increase.... completely justifiable.... lol. will call them and will try to check if possible to agree on something better.Model 3 cost over $11k more than the Prius. When you compare these two prices side by side, the Tesla Model 3 is around $11,000 more initially than the Prius XLE two wheel drive model. However, unlike the regular Prius hybrid, the Tesla Model 3 is currently on the IRS list of vehicles that qualify for the $7,500 federal U.S. tax credit.ADMIN MOD. Overpriced Insurance for Tesla in Ontario. I am in Ontario and I am getting quotes for 5000-5200 per year right now from insurance companies for my 2022 Tesla Model 3 Long Range. Feels like I’m getting price gouged. They are claiming the only factor is “the chip in the car is expensive to replace”.Tesla Model 3 insurance costs between $1,900 and $4,200 annually, assuming you have a good driving record. While Tesla Model 3 is the cheapest model in Tesla’s lineup, it doesn’t have the lowest insurance rates. The Model 3 is Canada’s most popular Tesla type, with over 12,000 units sold in 2021. Because Tesla Model 3 is the …The average cost of insuring a Tesla Model Y is $205, but the car insurance company you choose can affect your insurance rates significantly. For example, the average cost of insuring a 2023 Tesla Model Y with USAA is only $133 per month, while it costs $340 per month with The General.Discuss Tesla's Model S, Model 3, Model X, Model Y, Cybertruck, Roadster and More. Register. ... I'm done with them. Just checked today, esurance offers $850/6mo, so will go with them, then hopefully check what the Tesla insurance offers in a month. Reactions: Spiderbird2018. G. guarapo New Member. Apr 14, 2019 ... Total cost - $354 per 6 ...I went with GIO as it had windscreen and added and added roadside to land at about $1080 or so. For a 2021 Tesla Model 3 LR – Agreed value 84k I have received these quotes: Poncho $1200 (value 90k) – Excess $800. GIO $1200 – Excess 1245. CommInsure $1450 – excess $1000.Here's some information you may need about Tesla Model 3 car insurance rates, safety features that could save you money, discounts that help your bottom line, and coverage …The average estimated car insurance premium for a 2023 Tesla Model 3 is $1,892 per year, or about $158 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents.Car insurance premiums are calculated using a complex set of rating factors that can include your age, location, driving record, and coverage selections, plus your vehicle's usage and more. Car make and model can also be a rating factor for physical damage coverages. Learn more about car insurance cost factors.Nov 21, 2019 ... The average monthly cost of insuring a Model 3 in 2019 is $363. Car insurance rates for Tesla Model 3 by year. Year, Progressive, Geico, State ...The 2019 Tesla Model 3 True Cost to Own includes depreciation, taxes, financing, fuel costs, insurance, maintenance, repairs, and tax credits over the span of 5 years of ownership.Nov 21, 2023 ... In February, Mark Bova purchased a used 2018 Tesla Model S. Before leaving the dealer, he bought insurance from Tesla itself, ... Physical damage insurance for full value of vehicle; Maximum deductible: $2,500; You must list Tesla Lease Trust as the lienholder and an additional insured party on the policy. Tesla Lease Trust 12832 Frontrunner Boulevard Suite 100 Draper, UT 84020. Note: Your lease comes with gap protection. I went with GIO as it had windscreen and added and added roadside to land at about $1080 or so. For a 2021 Tesla Model 3 LR – Agreed value 84k I have received these quotes: Poncho $1200 (value 90k) – Excess $800. GIO $1200 – Excess 1245. CommInsure $1450 – excess $1000.The MG 4 is one of the cheapest electric cars in Australia (from $38,990 before on-road costs) with a price and features list comparable to the top-spec Hyundai i30 N Line Premium ($37,300). However, the MG electric car is …Mar 8, 2022 · Liberty Insurance InsureMyTesla. Tesla. Approx. $4,000 per year. G&M Tesla Insurance. Tesla. $900 to $4,000 per year. Allianz Electric Motor Protect. All private EVs. Get quotes from Allianz Financial Advisors (no direct purchase) AXA Car Insurance (ceasing 2022) All private EVs – Generous replacement car benefit. Increased liability limit. Paintless dent repair. Get a Quote. To learn more about InsureMyTesla: • Email: [email protected]. • Phone: 800 64272. This document is for general information purposes only and provides a brief summary of available covers. Various features, terms benefits stated herein may ... A Tesla Model Y costs an average of $2,207 per year to insure. MoneyGeek analyzed how costs change by model year, age and more. ... Insurance for a Tesla Model Y is expensive at roughly $2,207 per year, with GEICO offering the most affordable coverage. The amount you’ll pay for a policy may vary depending on factors …Select an option. Get a quote. Continue previous quote. Find an agent. A few more options you could be looking for. Get insurance online from Progressive. Join today for quality …State Farm charges me $58 per month for a 2020 Model 3 Performance. 39 year old male with a clean record and good credit in Wisconsin. $953/6months ($158/m). Progressive, Texas, late 20’s. Progressive has been the cheapest for me ever since I started driving. true.6 days ago · The average insurance cost for a Tesla Model 3 in 2024 is $3,397 per year. The Tesla Model 3 was among the 25 best-selling cars in the U.S. last year, according to Kelley Blue Book. But no matter whether you bought your Tesla Model 3 new or used, it’s a big investment – the average new car buyer in the U.S. paid $48,334 in July 2023 ... Tesla Model 3 insurance costs range from $186 to $826 per month; Allied offers the cheapest coverage; See more average rates from GEICO, Allstate, USAA and other companies below; Ready for your own …Tesla Model 3 Insurance Premium: Average Car Insurance in Province: Total EV Savings: Quebec (CAA) $3,035 per year: $800 $-2,235.00: BC (BCAA) $2,051 + $455 = $2,506 per year: $1,800 $-706.00: Ontario (CAA) ... Yes, electric car insurance usually costs more than gas-powered car insurance. Of course, this also depends on …Another thing that greatly influences the insurance cost for a Tesla is your driving and insurance history. Because everyone’s history is unique, there are lots of variations in rates, which is also why we can’t offer the average cost for insurance on a Tesla. ... At about $35,000, the Model 3 is Tesla’s cheapest model in Canada. However ...Liability auto insurance for a Model 3 comes in at about $80 monthly, while full coverage usually runs around $234 a month. The lowest car insurance company for …How much it costs to insure a Tesla Model 3 depends on the type of car insurance you choose. The average cost of a full-coverage insurance policy for a Tesla Model 3 is $307 per month. If you want to save on your policy, you can choose to go with a liability-only policy, which only costs an average of $154 per month.The Model 3 is pretty cheap already: Thanks to the largesse of the federal government, the future low-cost Tesla is kind of already here. The sedan is being …Feb 18, 2022 · The Tesla Model 3 costs an average of $2,257 a year to insure which is $418 more than the average car insurance rate nationwide. High repair costs lead to higher insurance premiums for Tesla vehicles. Dec 15, 2019 ... ... insurance on a Tesla Model 3 Standard Range car costs in the UK. I am relatively young (23 years old) so the car insurance is pretty ...Jul 19, 2017. #2. Jul 19, 2017. #2. GEICO for my 2014 Jetta costs $662.30 for six months. For a 2017 Tesla Model 3 with the same coverage, the price is $770.70. Before you gasp at the price, that’s what …Tesla Model 3 Insurance Premium: Average Car Insurance in Province: Total EV Savings: Quebec (CAA) $3,035 per year: $800 $-2,235.00: BC (BCAA) $2,051 + $455 = $2,506 per year: $1,800 $-706.00: Ontario (CAA) ... Yes, electric car insurance usually costs more than gas-powered car insurance. Of course, this also depends on …Tesla Insurance is definitely the way to go. 24 year old male, your rates might be higher due to your risk category. Thanks! 24 F & 24 M married, $137 a month in southern CA. For model 3 LR using Tesla's insurance. Increased the coverage to $250,000 , so the price could be cheaper.Tesla Insurance offers insurance using real-time driving behavior. This is currently available to all Model S, Model 3, Model X and Model Y owners in select U.S. states, with more states coming in the future. Insurance using real …$83.58 per month for a 2021 Model 3 SR+. State Farm. 46 years old. 30+ years of driving. $500 deductible and I never make claims for things like windshields or other minor repairs--I consider insurance as a backstop for crashes, and making claims for a grand or two costs more money than it saves in the long run.Auto insurance for a Tesla Model 3 will cost about $2,267 per year. This is more than the national average for luxury sedan models by $42. Our car insurance comparison study … If Tesla insurance is in your state I would go that route. I have a model S LR for $89.00 a month and my Model 3P is $74.00. You get graded on your safety score and your premium can go up and down based on that. If you don't have the option for Tesla insurance, perhaps try progressive, I have seen some people get some decent rates. 6 days ago · The average insurance cost for a Tesla Model 3 in 2024 is $3,397 per year. The Tesla Model 3 was among the 25 best-selling cars in the U.S. last year, according to Kelley Blue Book. But no matter whether you bought your Tesla Model 3 new or used, it’s a big investment – the average new car buyer in the U.S. paid $48,334 in July 2023 ... Hertz will be adding 100k Tesla Model 3 electric vehicles for customers to rent, as well as installing thousands of charging stations. We may be compensated when you click on produ...Feb 29, 2024 ... The cheapest electric vehicle to insure is the Volkswagen ID.4, while the most expensive is the Tesla Model X. It's cheaper to insure EVs made ...The average insurance cost for a Tesla Model Y in 2024 is $3,115 per year. The Tesla Model Y was among the 25 best-selling cars in the U.S. last year, according …To insure a Tesla Model 3, it typically costs approximately $755 per year through New York Central Mutual Fire. However, the actual cost can vary based on …Feb 21, 2024 · While the average cost of car insurance is $2,305, Tesla insurance for a Model 3 averages $2,914 yearly, based on Insurance.com's most recent data. Average rates for other Tesla models are even higher: Tesla Model Y: $3,103. Tesla Model X: $3,834. Tesla Model S: $4,005. Based on the average annual rate of $4,005 a year, Tesla insurance costs ... Jul 16, 2021 · Tesla Model 3 vs. BMW 3 Series Insurance Costs Let's start with some 3 on 3. The entry-level Model 3 is the Standard Range Plus model, which costs $2,114 to insure on average. Model S Video Guides Model 3 Video Guides Model X Video Guides Model Y Video Guides. ... You can now get answers to questions about your vehicle, account and more in the Tesla app. Select ‘Need More Help’ which can be found within the 'Help' menu under your profile. If you still can’t find what you’re looking for, contact Customer Support.State Farm charges me $58 per month for a 2020 Model 3 Performance. 39 year old male with a clean record and good credit in Wisconsin. $953/6months ($158/m). Progressive, Texas, late 20’s. Progressive has been the cheapest for me ever since I started driving. true.The average annual cost of Tesla car insurance comes in just above $3,000 ($268 per month). However, insuring a Tesla doesn't necessarily have to be an ...The dual-motor, all-wheel-drive Model 3 Long Range rings in at $45,990, and its additional amenities include a 48-amp onboard charger and a 17-speaker audio system. Early models of the 2024 Model 3 Performance list for $50,990, and its features list closely mimics that of the Long Range.The average estimated car insurance premium for a 2023 Tesla Model 3 is $1,892 per year, or about $158 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents.Find out the average auto insurance premium for a Tesla Model 3 in your state and compare quotes from different insurers. Learn how to lower your car insurance costs with discounts, telematics, and other factors. See the cheapest and most expensive states for Model 3 insurance and how it compares to similar cars. See moreCar model: Price of base model: Insurance premiums (NTUC Income, 1,200km/month, no NCD) ... Tesla Model 3 (239kW) $206,835: $6,256 per year: So if you’re looking to buy a Tesla Model 3, be prepared to cough up a lot more to get your car insured. 3. There is usage-based insurance ...An invoice from Tesla shared by Current Auto shows a complete battery replacement for a Tesla Model 3 costing over $16,000; $2,299.27 went to labor, $14,251.40 was the cost of parts, ... it'll get kicked over to insurance to (possibly) pay some of the cost. The driver is left to pay the difference, if their insurance pays anything at all, out ...Model 3 is designed for electric-powered performance, with quick acceleration, ... Enjoy more immersive sound with an audio system designed by Tesla, with up to 17 speakers, dual subwoofers and dual amplifiers. ... accessories, taxes and fees. Model 3 Performance: $55,000; Model Y Rear-Wheel Drive: $80,000; Model Y Long Range: $80,000;The average estimated car insurance premium for a 2020 Tesla Model 3 is $1,856 per year, or about $155 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents. Comprehensive and collision deductibles are $500 and Uninsured and Underinsured Motorist (UM/UIM) coverage is included.Since electric vehicles typically cost more to buy, they cost more to insure. More expensive to repair. If the battery is damaged, the battery replacement could cost $5,000 to $15,000, which doesn’t include the cost of labor. ... If your State Farm® auto policy includes emergency road service, your insurance could pay the fair cost for help ...
04.10.2023. Tesla Model 3. Tesla Model 3 Highland now on sale in Thailand, price equals to RM 204k. Tesla has launched the Model 3 ‘Highland’ facelift in Thailand. The base Tesla Model 3 RWD starts at THB 1,599,000 (around RM 204k), while the Long Range AWD variant is priced from THB 1,899,000 (around RM 242k).. Honkai star rail jing yuan
Introducing Tesla Insurance. The Tesla Team, August 28, 2019. Starting today, we’re launching Tesla Insurance, a competitively priced insurance offering designed to provide Tesla owners with up to 20% lower rates, and in some cases as much as 30%. Tesla Insurance offers comprehensive coverage and claims management to support our …Jul 19, 2017. #2. Jul 19, 2017. #2. GEICO for my 2014 Jetta costs $662.30 for six months. For a 2017 Tesla Model 3 with the same coverage, the price is $770.70. Before you gasp at the price, that’s what … The annual cost of car insurance for a Tesla Model 3 can range from $1,100 to $1,600 on average. The monthly cost can vary from $92 to $133. Model 3 has several features that can help reduce comprehensive and collision coverage to a minimum, such as: I paid $180 a month for my model 3 and now $170 for my model Y. I moved to downtown Los Angeles and my insurance went from $170 to $260 a month. Your zip code may have a lot of effect on your premium. Great point about zip code. I’m in studio city so I’m sure I’m getting higher rates.Sep 21, 2022 ... According to Consumer Reports, the cheapest Tesla vehicle, the Model 3, will cost you more to insure than most gasoline-powered vehicles on the ...The 2022 Tesla Model 3 Long Range AWD insurance price in Malaysia 2022 is RM 248, more about 2022 Tesla Model 3 Long Range AWD insurance renewal cost, package discounts, benefits, etc. RM 247.80. Yearly Insurance Payment . Selects Cars . 2022 Tesla Model 3 Long Range AWD. Car Price . RM.Tesla Model 3. Tesla Model 3 Highland now on sale in Thailand, price equals to RM 204k. Tesla has launched the Model 3 ‘Highland’ facelift in Thailand. The base Tesla Model 3 RWD starts at THB 1,599,000 (around RM 204k), while the Long Range AWD variant is priced from THB 1,899,000 (around RM 242k). Like the Model 3 …Auto insurance for a Tesla Model Y will cost about $3,461 per year.. This is more than the national average for luxury SUV models by $1,236. Our car insurance comparison study assumes a 40 year old good driver with full coverage and …Fan of Elon. Jul 8, 2012. 979. 1,320. San Diego. Dec 4, 2021. #3. I just had my red Model 3 bumper cover replaced at the Service Center in San Diego. It was $840 painted and ready to install, and $200 labor to remove the damaged one and replace it with the new one...Dropped off late one afternoon and it was ready the following morning.The Tesla Model Y is the latest addition to the Tesla family, and it’s quickly becoming one of the most popular electric vehicles on the market. With its sleek design, advanced tec...Variables related to your personal profile, as well as the vehicle and insurance you select, will have an effect on how much you pay for your car insurance policy. However, if you’re looking for an indication of the cost of coverage for your Tesla, a policy for a 2023 Tesla Model Y Performance could cost between $3,086 and $3,569 …Benefit from the Tesla Bonus €4,000. Offer valid only for new rear-wheel drive Model 3s in stock ordered between February 23 and March 17, 2024 and subject to delivery until March 30, 2024 inclusive. If delivery is not taken before …I was thinking of buying a Model 3 next year and was just checking payments for the car and with 4.2% interest rate which is what bankrate is saying is the best now and putting $5k down my payments would be around $630 a month. I looked at average Tesla Model 3 insurance rates and they are showing at $234 a month and I am hoping that is wrong.Car model: Price of base model: Insurance premiums (NTUC Income, 1,200km/month, no NCD) ... Tesla Model 3 (239kW) $206,835: $6,256 per year: So if you’re looking to buy a Tesla Model 3, be prepared to cough up a lot more to get your car insured. 3. There is usage-based insurance ...Model 3 is designed for electric-powered performance, with quick acceleration, ... Enjoy more immersive sound with an audio system designed by Tesla, with up to 17 speakers, dual subwoofers and dual amplifiers. ... accessories, taxes and fees. Model 3 Performance: $55,000; Model Y Rear-Wheel Drive: $80,000; Model Y Long Range: $80,000;If you approach a specialist insurance broker like Keith Michaels, we will be able to arrange competitive cover at the best price for your pride and joy. Specialist car insurance for all Tesla models, including Model S, Model 3 and Model X. Our UK-based brokers will get you a competitive quote for your Tesla.Tesla Model 3 Insurance. The average annual cost for auto insurance for a Tesla Model 3 is $2,267, which adds up to $11,335 after 5 years of ownership.These insurance costs are estimates based on national averages for a 40 year old, with full coverage, a good driving record, and good credit.The average cost of insuring a Tesla Model Y is $205, but the car insurance company you choose can affect your insurance rates significantly. For example, the average cost of insuring a 2023 Tesla Model Y with USAA is only $133 per month, while it costs $340 per month with The General.Of note, the Tesla Model 3 has the most expensive premium over all vehicles on this list in Edmonton. Lethbridge is a smaller city than both Calgary and Edmonton. It’s not unusual for insurance premiums to cost less for drivers who live in smaller urban centres (fewer vehicles on the road can often mean fewer claims), and Lethbridge is no ...Car insurance premiums are calculated using a complex set of rating factors that can include your age, location, driving record, and coverage selections, plus your vehicle's usage and more. Car make and model can also be a rating factor for physical damage coverages. Learn more about car insurance cost factors..