According to insurance.com, Tesla insurance averages around $4,149 a year, compared to a national average of $2,513 for all vehicles, a gap driven primarily by high repair costs. Insuring an electric vehicle costs an average of 18% to 49% more than a gas-powered car in 2026, driven by specialized repair costs, expensive battery replacements and a shortage of certified technicians. For Tesla specifically, proprietary parts, aluminum body construction and ADAS sensor recalibration after even minor collisions push claim costs materially above the segment average.
Lemonade expands Tesla FSD insurance to Colorado
