Tesla model 3 insurance

Tesla Model 3 Insurance Inquiry

Hey everyone! I’m 19 and about to buy a 2021 Tesla Model 3, which will be my first car. I just got my license and I live in South Carolina. I’m looking for recommendations on insurance companies that provide affordable rates for new drivers, as the Tesla is quite pricey at $21k. Any advice would be greatly appreciated! Thanks!

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  1. Congrats on getting your license and choosing a Tesla Model 3! It’s a great car. Insurance for new drivers, especially for a Tesla, can be pricey, but here are a few tips to help you find more affordable options:

    1. Comparison Shop: Use online comparison tools to get quotes from multiple insurance providers. Companies like Geico, Progressive, Allstate, and State Farm often have competitive rates.

    2. Consider Discounts: Look for discounts for safe driving, bundling with other insurance policies (like home or renters insurance), or completing a defensive driving course.

    3. Increase Your Deductible: A higher deductible can lower your monthly premium, but make sure it’s an amount you can afford to pay out of pocket if you have to make a claim.

    4. Check for Usage-Based Insurance: Some companies offer pay-per-mile or usage-based insurance, which could be cheaper if you plan to drive less.

    5. Ask About Special Programs: Some insurers have programs specifically for young drivers that might result in lower rates.

    6. Look into NASCAR (National Association of Insurance Commissioners) Resources: They can provide information on insurers that have good rates for young drivers in your state.

    It may take some time, but with a little research, you can find a plan that fits your budget. Good luck!

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