Finding cheaper auto insurance through online providers can be fast and easy and there is a good chance you might just save a little. The most important part is to compare rates from all providers so you can get the lowest priced insurance.
If you are a novice to online auto insurance shopping, you can be overwhelmed by the hoards of online companies vying for your business. Getting better Roadster insurance cost is surprisingly easy. Just take time to get quotes provided by online insurance companies. It is quite easy and can be accomplished by completing this short form.
Auto insurance rates paid to insure a Tesla Roadster will vary greatly depending on several factors. Some of these factors include:
A final factor which can affect Roadster insurance rates is the model year. New vehicles have a higher actual cash value in comparison to later models so the cost to replace them will push premiums up. Conversely, more recent Tesla vehicles may have a trim level with safety features such as all-wheel drive, a telematics system, and autonomous braking so those may give discounted rates.
To get a better idea how rates are influenced for your specific model year, select the year of your vehicle below.
Liability auto insurance - This coverage will cover damage that occurs to a person or their property that is your fault. Liability insurance covers things like legal defense fees, bail bonds, and repair bills for other people's vehicles. Coverage is generally pretty cheap so consider buying as much as you can afford.
Collision coverage - This will pay to fix damage to your Tesla from colliding with another car or object. You have to pay a deductible then your collision coverage will kick in. This coverage can be expensive, so you might think about dropping it from vehicles that are older. It's also possible to bump up the deductible to bring the cost down.
Comprehensive (Other than Collision) - This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by your Tesla Roadster comprehensive insurance. The maximum amount you'll receive from a claim is the ACV or actual cash value, so if the vehicle's value is low it's not worth carrying full coverage.
Uninsured/Underinsured Motorist coverage - Your UM/UIM coverage protects you and your vehicle from other drivers when they are uninsured or don't have enough coverage. Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked.
Medical expense insurance - Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses (i.e. nursing services, prosthetic devices, and dental work). They are used to cover expenses not covered by your health insurance plan or if you do not have health coverage. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage.
How Much are Tesla Roadster Insurance Rates?