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Tesla Model 3 #1...


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...in average insurance coverage costs in 49 States, according to nerd wallet (it's the 2nd highest in NY State). And interesting contrast to Elon Musk's statement that insuring a Tesla "should be 20% cheaper than average".

Louisiana has the highest average insurance bill for the Model 3, at $3436 / yr. Insanely expensive... funny how I've never read about extravagant insurance costs in a single Tesla review. Seems to be yet one more associated cost that gets swept under the rug (along with charging & maintenance costs). I'm kind of surprised this far into the Tesla story that this has slipped under the radar. As these hidden costs gets more & more exposure, will it dampen the buzz / long term sales (Tesla sales in the U.S. peaked in 2018)?

Edited by balthazar
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On 2/2/2021 at 10:40 PM, balthazar said:

...in average insurance coverage costs in 49 States, according to nerd wallet (it's the 2nd highest in NY State). And interesting contrast to Elon Musk's statement that insuring a Tesla "should be 20% cheaper than average".

Louisiana has the highest average insurance bill for the Model 3, at $3436 / yr. Insanely expensive... funny how I've never read about extravagant insurance costs in a single Tesla review. Seems to be yet one more associated cost that gets swept under the rug just because it's quick & can fart (along with charging & maintenance costs). I'm kind of surprised this far into the Tesla story that this has slipped under the radar. As these hidden costs gets more & more exposure, will it dampen the buzz / long term sales (Tesla sales in the U.S. peaked in 2018)?

Good question. Calling and getting a quote, this almost seems like an anomaly, will find out...

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