Homepage > Newsroom > Car Insurance Quotes > Average Car Insurance Cost > New Insuranks Study Finds Tesla Model S & Roadster Are the Cheapest Tesla Models to Insure
PALO ALTO, Calif., April 21, 2021 - A new Tesla insurance cost study that was recently published as part of a broaded average car insurance cost and auto insurance quotes study, has found Tesla model S and Tesla Roadster to be the cheapest Tesla models to insure in 2021.
The extensive study, which was released in April 2021 along with some Lamborghini insurance cost insights, has found that the average insurance costs of Tesla model S is $1,832 a year, which can get down to $1,092 a year with USAA, while Tesla Roadster averages $1,800 annually.
This is not too far from the national average full coverage insurance cost of $1,732 a year or $144 per month, based on the research. It is, however, more than the general national average of $1,348 per year, or $113 per month - and much more than the national minimum liability car insurance cost average of $550 per year or $46 per month for only bodily injury liability coverage and property damage liability insurance coverage, as well as a lot less than the national average of $482 a year or $40 a month for non owner car insurance policies across the United States of America.
The study also discusses Tesla's auto insurance, how to purchase it, how it works, where it is available and provides tips on how to reduce the cost of Tesla insurance.
Among the other vehicles that has been covered so far you can find a BMW insurance cost study, Honda Civic insurance cost study, and many more. More vehicle insurance rate findings are expected to be covered and released throughout the year for the benefit of the community.
Insuranks, which was founded back in 2019, is focusing on raising consumer awareness to help them make better and much more informed insurance decisions while saving money on their coverage expenses.
We had Allstate roadside assistance through their SUV insurance coverage and were always delighted by their fair service and treatment.
I have Allstate truck insurance for 7 years by now and never had any issues with them. Service is fast, honest, dedicated and professional. Replies to any requests within a day. My full coverage (including towing, etc.) is the best you can get in that rate, which is particularly awesome, and I shopped around so I'm saving you some research time here. With other companies you only get personal liability and property damage at the same rate. They really give you the best value for the least amount of money which is hard to find with insurance companies. Reputable and Reliable. Allstate is highly recommended for every insurance need!
As a Florida citizen, car insurance rates are expensive here. With COVID-19 being around, working from home becoming a norm and we drive less. Allstate was very understanding of the situation and offered us a pay per mile car insurance. It was a very pleasant surprise. There's a daily rate as well as a per mile rate. It is brilliant as I will save roughly $300 compared to my previous insurer offered 15% COVID-19 discount. Very thankful.
I have been an Allstate customer for roughly 5 years after switching from State Farm. The car insurance policy is much cheaper. I never experienced any issue with my car since I became a policyholder (touch wood) so I cannot attest about their claims handling, however they are really great and easy to work with and I have utilized their good driver discounts a couple of times, as well as other discounts.
I'm an AAA member for years, and they have an outstanding customer service. have a home and auto bundle which I received discount for, always have someone available to help with any claims. I highly recommend them!
Not all those who wander are lost.
Disclosure: Insuranks.com is an independent educational comparison service and an advertising-supported publisher. Some of the companies/offers that appear on the website are from our partners which we may receive compensation from. This may influence which companies/offers we write about and where and how it appears on the site. However, this does not impact our assessments. We solely highlight companies, products, and offers that can help you make smarter insurance decisions.
