Tesla Car Insurance Discount for 2023
Save up to 25% on Car Insurance with Tesla's Innovative Discount
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Tim Bain
Licensed Insurance Agent
Tim Bain is a licensed insurance agent with 23 years of experience helping people protect their families and businesses with the best insurance coverage to meet their needs. His insurance expertise has been featured in several publications, including Investopedia and eFinancial. He also does digital marking and analysis for KPS/3, a communications and marking firm located in Nevada.
Licensed Insurance Agent
UPDATED: May 4, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance provider and cannot guarantee quotes from any single provider.
Our car insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different car insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about car insurance. Our goal is to be an objective, third-party resource for everything car insurance-related. We update our site regularly, and all content is reviewed by car insurance experts.
UPDATED: May 4, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance provider and cannot guarantee quotes from any single provider.
Our car insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different car insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
Tesla, the electric car manufacturer, is not just revolutionizing the automobile industry, but also the car insurance market. Tesla car owners can now enjoy a discount on their auto insurance premiums, saving them money while driving in style. In this article, we’ll explore everything you need to know about the Tesla car insurance discount, from what it covers to who is eligible and how you can qualify for other discounts.
Here are three key points to pique your interest in the Tesla car insurance discount:
- Tesla owners can save up to 25% on their car insurance premiums.
- The discount applies to both the Model S and Model X vehicles.
- Tesla owners are eligible for additional discounts, such as the safe driver discount and the multi-car discount.
What Does the Tesla Car Insurance Discount Cover?
The Tesla car insurance discount covers a wide range of risks associated with driving a Tesla. This includes coverage for bodily injury and property damage liability, as well as collision and comprehensive coverage. The discount also covers uninsured and underinsured motorist coverage, which protects Tesla owners in case they are involved in an accident with a driver who does not have insurance or does not have enough insurance to cover the damages.
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Who Is Eligible for the Tesla Car Insurance Discount?
To be eligible for the Tesla car insurance discount, you must be the registered owner of a Tesla Model S or Model X. The discount is available to Tesla owners in all states except Hawaii and Massachusetts. You must also have an active Tesla account and have purchased or leased your vehicle from Tesla. The discount is not available for Tesla vehicles purchased or leased from third-party dealerships.
In addition to the Tesla car insurance discount, Tesla owners may also be eligible for other discounts. For example, Tesla offers a safe driver discount for drivers who have a clean driving record and a multi-car discount for households with multiple Tesla vehicles.
Qualifying for Other Discounts:
To qualify for the safe driver discount, Tesla owners must maintain a clean driving record for at least three years. This means no at-fault accidents, no moving violations, and no major violations, such as driving under the influence. The safe driver discount can save Tesla owners up to 20% on their auto insurance premiums.
To qualify for the multi-car discount, Tesla owners must insure more than one Tesla vehicle with the same insurance company. The discount can save Tesla owners up to 10% on their auto insurance premiums.
Tesla owners should also inquire with their insurance company about other discounts they may be eligible for, such as discounts for completing a defensive driving course or for having certain safety features installed on their vehicle.
Frequently Asked Questions
What if I don’t own a Tesla Model S or Model X?
Unfortunately, the Tesla car insurance discount is only available to owners of the Model S and Model X.
How do I get the Tesla car insurance discount?
To get the Tesla car insurance discount, you need to contact your insurance company and let them know that you own a Tesla. They will be able to provide you with more information about the discount and how to apply it to your policy.
How much can I save with the Tesla car insurance discount?
Tesla owners can save up to 25% on their auto insurance premiums with the Tesla car insurance discount.
What other discounts am I eligible for as a Tesla owner?
Tesla owners may be eligible for other discounts, such as the safe driver discount and the multi-car discount. They should also inquire with their insurance company about other discounts they may be eligible for.
Enter your ZIP code below to view companies that have cheap auto insurance rates.
Secured with SHA-256 Encryption
Tim Bain
Licensed Insurance Agent
Tim Bain is a licensed insurance agent with 23 years of experience helping people protect their families and businesses with the best insurance coverage to meet their needs. His insurance expertise has been featured in several publications, including Investopedia and eFinancial. He also does digital marking and analysis for KPS/3, a communications and marking firm located in Nevada.
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about car insurance. Our goal is to be an objective, third-party resource for everything car insurance-related. We update our site regularly, and all content is reviewed by car insurance experts.