The cost of car insurance depends on many factors, including what type of car you are insuring.
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.
About Tesla Motors
Founded 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 regular vehicle that just happened to run on electricity.
Tesla Motors wanted to create vehicles that were sporty and attractive in addition to reducing the world’s dependence on transportation that is only powered by gas and other petroleum-based products.
Tesla Motors is headquartered in Palo Alto, California, and 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 in 2008. Today, there are well over 1,500 Roadsters on the road, and all of them drive completely free of emissions.
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.
These 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.
Some insurance companies offer discounts for insuring an electric vehicle because they run strictly on battery power, and unlike their hybrid counterparts, do not even have a gas engine as a back-up.
In addition, vehicles such as the Roadster are usually used for short drives or running errands close to home.
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.
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Other Factors in Car Insurance Rates
Electric vehicles such as the Tesla Motors Roadster are much less complicated to build than traditional gas cars, and therefore have fewer moving parts.
While the type of car you drive will affect your car insurance rates, there are other factors to consider as well:
- Driving history
- Marital status
- Credit score
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.
Do you have an electric vehicle and need car insurance quotes? Start by entering your ZIP code below now!