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What does insurance cost on a Tesla Model Y?

I want to get a Model Y and am looking into additional costs. How much can I expect to pay for insurance?

avatar
Emily Maracle · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“The average cost of
car insurance for a Tesla Model Y
is between $1,500 to $2,500 annually.
However, insurance costs vary depending on a variety of factors. Not every person will pay the same amount of insurance, even if they have the same vehicle. To determine insurance rates,
car insurance
companies consider:
  • Your driving record
  • Insurance history and payment history
  • Credit history
  • Age
  • Geographic location
  • Type of coverage you require
To find out what you might pay for insurance, request
car insurance quotes online
. This will give you the most accurate idea of what you may pay for insurance with different carriers.”
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