Generally speaking, insurance on a Tesla Model 3 is not considered to be expensive. While Tesla is a relatively expensive brand with its cars in comparison to other makes, Model 3 insurance cost is quite low.
There are a few factors that influence the cost of insurance for a Tesla Model 3, including the type of coverage, the driver's age, gender, drivers' record, and the state in which you live.
Perhaps the most important factors that affect car insurance rates are the drivers themselves. Good drivers who don't get too many tickets or have accidents usually get lower rates from their insurance providers, regardless of what model car they drive.
Safety is also an important factor for insurance companies, and the Tesla Model 3 is a very safe car. According to the National Highway Traffic Safety Administration (NHTSA), the Tesla Model 3 has achieved a 5-star safety rating in every category. Because it is considered to be a safe vehicle, some insurance companies may offer lower rates for Model 3 owners.
Finally, when shopping for car insurance, it is important to compare quotes from different providers to make sure you are getting the best rate for the coverage you need. Different insurance companies offer different rates, so it pays to shop around to find the best price.
In conclusion, insurance for a Tesla Model 3 is not particularly expensive. While the cost does vary depending on the driver and their circumstances, a Tesla Model 3 owner can still find relatively inexpensive coverage that meets their needs.
