Compare Tesla car insurance estimates from AU's top providers. Whether you drive a Model 3, Model Y, Model S, or Model X, find the right cover at the right price - comprehensive, third party, or fire & theft.
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Tesla is the leading electric vehicle (EV) brand in Australia, with the Model 3 and Model Y among the country's top-selling EVs. As Australia's EV market grows rapidly, more insurers are developing specific cover options for electric vehicles including Teslas.
From an insurance perspective, Teslas fall into mid-to-high insurance groups. While their advanced safety features and low theft rates can help, the cost of battery replacement, specialist EV repair requirements, and higher vehicle values push premiums above those of comparable petrol vehicles. Battery cover is an important consideration that may not be included in all standard policies.
Most major Australian insurance providers now cover Tesla vehicles. Providers including AA Insurance, AMI, State, Tower, and specialist EV insurers offer cover. See our full Australian car insurance comparison for more.
Estimated annual comprehensive insurance costs for Tesla models in Australia. Based on a 35-year-old driver with a clean record in Auckland.
| Model | Type | Approx. Value (Used) | Est. Comprehensive/yr | Insurance Group | Notes |
|---|---|---|---|---|---|
| Tesla Model 3 | Electric Sedan | $30,000-$70,000 | $900-$1,500 | Mid | Australia's most popular Tesla. Standard Range Plus and Long Range variants available. |
| Tesla Model 3 Performance | Electric Performance | $55,000-$80,000 | $1,200-$1,800 | Mid-High | Performance variant with faster acceleration. Higher premiums reflect increased value and performance. |
| Tesla Model Y | Electric SUV | $40,000-$85,000 | $1,000-$1,700 | Mid | Popular electric SUV. Increasingly common on Australian roads. Good boot space and family-friendly. |
| Tesla Model S | Electric Luxury Sedan | $50,000-$120,000 | $1,400-$2,200 | High | Premium electric sedan. Higher value and performance mean higher insurance costs. |
| Tesla Model X | Electric Luxury SUV | $60,000-$120,000 | $1,500-$2,400 | High | Premium electric SUV with falcon-wing doors. Specialist parts for doors increase repair costs. |
Disclaimer: All prices shown are indicative estimates based on publicly available data and typical driver profiles as of early 2026. Actual premiums vary based on your vehicle, location, driving history, and chosen cover level. These figures are not quotes. Always obtain a personalised quote from the insurer directly. We do our best to keep all data up to date and accurate. If you've noticed something incorrect, please let us know.
Choose the right level of protection based on your Tesla's age and value. EV-specific cover is worth considering.
Covers damage you cause to other vehicles or property. Your Tesla is not covered. Rarely chosen for Teslas due to their high value.
Adds fire and theft protection for your Tesla. May suit older, lower-value Teslas, but check whether battery cover is included.
Full protection for your Tesla. Covers accident damage, theft, fire, weather, vandalism, and third-party liability. Commonly chosen for Teslas - check that battery damage and EV-specific risks are covered.
Understanding these factors can help you find cheaper Tesla insurance in Australia.
A Model 3 Standard Range is significantly cheaper to insure than a Model S Plaid. Battery size, performance level, and vehicle value all affect premiums.
Drivers under 25 pay considerably more. Over-25s with a clean licence and EV driving experience get the best rates on Tesla insurance.
Auckland and Wellington typically have higher premiums. Access to Tesla service centres can also be a factor in regional pricing.
Tesla's built-in security features - including Sentry Mode, GPS tracking, and PIN-to-drive - can positively influence premiums.
Up to 65% discount for claim-free years. Protect your NCB - some insurers offer bonus protection so one claim doesn't reset it.
Tesla repairs require specialist EV technicians. Battery replacement can cost $10,000-$25,000+, which is factored into premiums.
Practical ways to reduce your Tesla insurance premium without sacrificing cover.
Tesla premiums can vary by $500+ between providers. Some insurers are more EV-friendly than others and offer better rates for Teslas.
Look for policies that explicitly cover battery damage, charging equipment, and EV-specific risks. Some standard policies may not cover all EV-related scenarios.
Enable Sentry Mode and PIN-to-drive, and let your insurer know. These security features may qualify you for a discount.
Most Australian insurers charge a loading for monthly payments. Paying annually can save 5-10% on your Tesla policy.
Insure your Tesla alongside your home or contents insurance with the same provider. Multi-policy discounts of 5-15% are common in Australia.
Raising your excess from $500 to $1,000 can save 10-20% on your premium. Only do this if you can afford the higher excess if you claim.
Key facts about Tesla vehicle security and safety performance in Australia.
Teslas are among the hardest vehicles to steal in Australia, thanks to their built-in security features. Australian Police data confirms that EVs in general have lower theft rates than petrol vehicles.
Tesla has an exceptional safety record, with all current models achieving top safety ratings. The low centre of gravity from the battery pack and advanced driver assistance features contribute to strong crashworthiness.
Common questions about insuring your Tesla in Australia.
Disclaimer: The information on this page is for general informational purposes only and does not constitute financial advice. While we strive for accuracy, insurance products, pricing, and terms change regularly. Always verify details directly with the insurer before making any decisions. If you need personalised advice, consider consulting a licensed financial adviser. For more information, visit the Financial Markets Authority (FMA).
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