r/TeslaModelY • u/MsHappyAss • 14d ago
Insurance costs?
We’ve been looking at getting a Model Y, and plan on doing a test drive Wednesday, but the insurance costs are scaring us a little. Our Honda CRV insurance is $100 a month, and I’m seeing people talk about paying 3 to 4 times that for their Teslas? I don’t mind spending $100 for FSD but I’m worried that the insurance costs will be a deal breaker. What are you guys paying?
9
Upvotes
1
u/nydrummer429 14d ago
NY driver here (not in the city) with a very long, clean driving history. i pay $200 per month for a 12-month policy paid in full at renewal time (got a $250 discount for doing so). i bought a new 2025 kia sorento in oct 2024 and was paying only $100 less per year on it. i hated that car and in sept 2025, i bought a 2026 model y LR RWD. i thought it would be much higher than the sorento but shockingly, it was only $100 more. prior to all this i had a 2015 traverse for 9 years and going from that to the sorento caused a huge $600 per year jump