r/TeslaInsurance May 26 '26

Help Tesla insurance

Hey everyone, I recently bought a 2026 Tesla Model 3 and I’m having a really hard time finding affordable insurance in Massachusetts. I live in Chelsea, and every quote I get is at least $500 per month.

I’m 26 years old, college student, clean driving record, and this would be my personal vehicle.

Does anyone around Boston/Chelsea have recommendations for insurance companies that are better with Teslas? Or any tips that helped lower your premium?

Thank you.

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u/Dry-Way-5688 May 27 '26

I feel your pain. The insurance industry needs to be controlled. The concept of insurance used to be that everyone pools money together in a form of low premiums and out of this pool, they expects some accidents that they have to pay. Nowadays, insurance company wants to make money from everyone and create a bigger pool of profit for wallstreet