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Insurance quotes are insanely high for 2021 Tesla model 3 (500+ a month)
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I’m 26 years old, haven’t been in any accidents, and don’t have any speeding tickets. The rate for 500 dollars a month was from progressive through an insurance agency. I felt like I was getting taken advantage of so I got a quote today from State Farm. There price was better but they are still asking for a lot of money… $420 I asked the reason for it being so high and they claim it’s from Tesla parts being expensive. I’ve asked my friends how much they pay for insurance and it’s usually in the 200s or low 300s. I even spoke to an owner of a cybertruck at the supercharger station and he pays $300 for insurance and his car is worth 5x what mine is.how can I get a cheaper quote. My quote is for:

Florida driver (Broward county) Age 26 Owner, not making payments Bodily injury: 10k/20k Property damage: 25k No fault coverage: basic no fault Comprehensive and collision deductible: 1k

If you have any tips or recommendations for getting a better quote please comment below

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7 months ago