10-08-2021, 12:29 PM
F/U: In my household, I am very pleased our insurance is not charging me a premium for our Tesla Model Y. It's only a little higher than our 2017 Volt, for example, with the Tesla primary driver not a perfect record (though clean last 5+ years); the Volt driver has a clean record for 25+.
But it looks like I am an outlier. Most of the data on the web is that Teslas are a little higher to insure than the average comparable ICE vehicle.
For example:
https://www.way.com/blog/cost-of-tesla-car-insurance/
I had also missed that Tesla is now running its own insurance company - but only works in CA at the moment.
The slightly higher insurance cost is a net balance of 1) much safer car in general so medical etc costs are lower and 2) higher cost of repairs due to only one source of parts, and many Teslas are moving to unibody etc construction that makes partial rebuilds harder.
But it looks like I am an outlier. Most of the data on the web is that Teslas are a little higher to insure than the average comparable ICE vehicle.
For example:
https://www.way.com/blog/cost-of-tesla-car-insurance/
I had also missed that Tesla is now running its own insurance company - but only works in CA at the moment.
The slightly higher insurance cost is a net balance of 1) much safer car in general so medical etc costs are lower and 2) higher cost of repairs due to only one source of parts, and many Teslas are moving to unibody etc construction that makes partial rebuilds harder.