Looking for Tesla Model 3 insurance
I’m 19 and about to purchase a 2021 Tesla Model 3 as my first car since I just got my license. I live in South Carolina and I’m seeking recommendations for insurance companies that provide affordable rates for new drivers, as insurance for a Tesla can be quite high. The car costs around $21,000. Any help would be appreciated!
Tesla model 3 insurance
Congratulations on getting your license and choosing the Tesla Model 3! It’s a great car. Since you’re a new driver, insurance rates can be a bit high, but there are a few strategies to help you find lower payments:
Shop Around: Different insurance companies offer different rates, so it’s important to get quotes from multiple providers. Companies like Geico, Progressive, State Farm, and Allstate are good places to start.
Consider Discounts: Look for insurance companies that offer discounts for new drivers, good student discounts, or bundling multiple policies. Some insurers even have discounts for completing a driver’s education course.
Increase Deductibles: If you can afford a higher deductible, it can lower your monthly premium. Just make sure you’re comfortable with the amount you’ll need to pay out-of-pocket in case of a claim.
Usage-Based Insurance: Some insurers offer programs where you can save money based on your driving behavior. If you drive safely, you could see lower premiums.
Check with Local Agents: Sometimes local insurance agents know the best deals in your area, and they can help customize a policy that fits your needs.
Ask About Tesla-Specific Policies: Some companies may offer special rates for electric vehicles or Teslas. It’s worth asking around to see if you can get any special deals.
Make sure to read reviews and check the financial stability of the insurance company you choose. Good luck, and drive safely!