UPDATED: Sep 29, 2020
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When you talk about the “future of tomorrow” today, the first thing that probably comes to your mind is a Tesla vehicle. And there’s a very good reason for that. Tesla is one of the leading auto manufacturers of pure electric-powered consumer vehicles in the world today.
In recent years, the cost of reproducing this technology at an economy of scale has gotten so low that certain models are becoming more and more affordable for middle-class drivers just like you.
Unfortunately, because many insurance companies are scared of new and complicated technology, they may make it hard to find cheap car insurance rates for your Tesla.
But we can help you out. Below, we’ll discuss some of the finer details of Tesla vehicles and provide you with helpful suggestions that can help you lower your monthly rate on your Tesla auto insurance rates.
All About Tesla Auto Insurance
Tesla Inc was founded back in 2003 and originally known as Tesla Motors. Since its inception, however, it has branched out into non-automotive industries such as solar panels and battery storage. The name Tesla harkens back to an underrated yet brilliant inventor of the same name who lived during the 19th century.
Unlike its namesake, however, Tesla vehicles are a force of technological nature which refuse to be ignored. Back in the fourth quarter of 2012, Tesla barely managed to sell more than a few thousand units of their newly debuted Model S.
Most recently, in the second quarter of 2018, total units sold between all three of its current models are just over 40,000.
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Insurance Quotes for Popular Tesla Vehicles
Unlike most other automotive companies, the Tesla fleet of consumer vehicles is only made up of three different models: the model S, the model X, and the model 3. As stated earlier, the model S was the first vehicle ever produced by Tesla Motors and began delivering to customers in the summer of 2012.
According to the EPA, it is capable of traveling up to 335 miles on a single charge, and Consumer Reports rates overall driver satisfaction as one of the highest of any other plug-in electric vehicle.
The middle child of the Tesla fleet is the model X which began production in 2015. Unlike the model 3, the model X is a crossover utility vehicle which can go anywhere from 237 to 295 miles on a single charge.
Finally, in 2017, Tesla gave us the model 3. It is a compact, midsize executive electric sedan with a range of 220 miles per charge on the standard battery (but drivers can get an additional 90 miles if they upgrade to the long-range battery).