Are you interested in learning more about Tesla Motors and the cost of car insurance if you own and drive a Tesla Motors vehicle? This review will provide detailed information about the company as well as how to get insurance on Tesla Motors cars.
There is a simple way to get car insurance rates from your home. Just enter your ZIP code above to compare car insurance quotes from many different insurance companies.
The cost of car insurance depends on many factors, including what type of car you are insuring. It is important to shop around and compare many different companies when deciding which car insurance to purchase.
The cheapest car insurance is not always the best deal, especially if you are insuring and driving a specialty vehicle such as a Tesla Motors Electric Car.
About Tesla Motors
Founded back in 2003, Tesla Motors was conceived by engineers who were looking to change the face of the electric car. For many years, the electric car was simply a plain, boring vehicle that just happened to run on electricity.
Tesla Motors wanted to change that stereotype by creating vehicles that were sporty and attractive.
Tesla Motors is headquartered in Palo Alto, California, and currently has more than 1,000 employees. There are 18 Tesla Motors dealerships worldwide, and Tesla Motors vehicles can be found in more than 30 countries.
The first Tesla Motors electric car was called the Roadster and was first introduced back in 2008. Today, there are well over 1,500 Roadsters on the road, and all of them drive completely free of emissions.
The environmental goal of Tesla Motors is to reduce the world’s dependence on transportation that is only powered by gas and other petroleum-based products.
To do this, the electric car has to be made more attractive, and just as affordable as gas-powered vehicles. Tesla Motors is attempting to partner with other larger car manufacturers to make this vision a reality.
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Insurance Costs of Tesla Motors Vehicles
Despite the fact that cars made by Tesla Motors are fairly expensive, the car insurance rates might be lower than for a traditional gas-engine car.
This is for several different reasons. The first of these is that the cars have been on the road for such a short amount of time, so there is very little claims history. With no claims history, it is difficult for insurance companies to gauge the cost of insuring a vehicle.
In addition, some insurance companies offer discounts for insuring an electric vehicle. This is because electric vehicles run strictly on battery power, and unlike their hybrid counterparts, do not even have a gas engine as a back-up.
Insurance companies are rewarding drivers who have electric vehicles because of the driver’s commitment to helping reduce the overall pollution in the world, as well as helping to reduce U.S. dependence on foreign gas and oil.
Another reason that car insurance rates might be lower with a Tesla Motors vehicle is because most Tesla Motor drivers are highly educated and will probably take very few risks when driving their vehicle. This makes them less costly to insure.
In addition, vehicles such as the Roadster are usually used for short drives or running errands close to home. This is because there are limited public areas that provide electric charging stations, so Roadster drivers will most likely avoid long trips at this point. That limits the total number of miles driven per year, which will result in an insurance premium cost savings.
Reduced Number of Working Parts
Electric vehicles such as the Tesla Motors Roadster are much less complicated to build than traditional gas cars, and therefore have fewer moving parts.
In fact, the engines of electric cars are simple to repair, and much easier than gas engines. This can result in savings as well.
Other Factors in Car Insurance Rates
While the type of car you drive will affect your car insurance rates, there are other factors to consider as well.
Driving history, age, marital status, credit score, and gender are just some of the things that car insurance companies and agents look at when determining whether or not you are insurable.
In addition, there is some concern that vehicles such as the Roadster are so quiet that they are difficult to hear. This is important when driving around a person that is hearing impaired. Some areas of the world are now requiring that electric cars have some sort of noise maker available to prevent this from being too much of an issue.
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