Teslas are more expensive than many other cars to insure, mostly because of their high repair costs - which in turn can increase the cost of collision coverage. You can expect to pay between $2,000 to $3,000 per year. 

Electric vehicles, on average, have higher rates in general; they have a higher value, are expensive to repair, and have higher claim costs.

But, as you know, it’s hard to put an exact number of what you will pay for your insurance because it largely depends on the type of vehicle you drive. Insurance providers look at the year and the model you choose to buy, your driving history, the number of kilometers you drive each year, and where you live.

Yes. Tesla and most hybrid and electric vehicles are expensive to repair. Replace parts are expensive and specialized mechanics are needed to perform maintenance.

The Tesla Model S is more expensive than other models because the body panels and structure are mostly made from aluminum, not steel, which is difficult to work with. 

Here are some things to consider when trying to keep your car insurance rates down:

• Age - we all know young drivers have higher insurance, but it does go down as you get older and get more driving experience under your belt.
• Bundle and Save - you can save money by bundling your other insurance policies together. If your provider offers both home + auto or tenant + auto, you should be eligible for savings.
• Clean driving record: Your insurance provider may recognize and reward drivers with a clean driving record.
• Raising your Deductible: Drivers who are willing to pay a higher deductible may have the option to lower their premiums. 
• Driving course/school: Taking a driving course can help with your insurance rates and see some savings

There are many things you can do to help lower your insurance rate. For example, you can bundle your home + auto insurance to help save some money. Talk to a Surex advisor to see how you can save today!

Here are some more tips to help you save:

• Shop Around: The most effective way to save is to compare your insurance options. That is one thing that Surex always automatically does to make sure you get the best rate possible.
• Stay claims, accident, and ticket-free. Of course, it’s always important to drive safely, but by having a clean driving record you can usually qualify for discounts to help keep your premiums down.
• Bundle your services: By combining your home or tenant insurance with your auto insurance policy, with the same provider, you can take advantage of the discounts offered to help save you money. 

Tesla cars are getting phenomenal safety ratings and top safety scores. The Tesla Model Y in particular is being recognized with near-perfect scores and safety performance ratings. It uses cameras all around the vehicle to make sure it can avoid pedestrians, cyclists, and other vehicles. 

The Tesla Model Y also features ‘over-the-air’ software updates which constantly improve the vehicle's safety system while it's sitting in your driveway.

Tesla cars feature the latest manufacturing techniques and safety features to provide a high level of safety performance in crash protection and prevention.