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Why is Tesla S car insurance expensive?

Tesla S car is an electric luxury car. But insurance companies charge higher premiums on Tesla S car insurance. MyMoneyMyQuotes team helps you to understand why Tesla S car insurance is so expensive for drivers in the USA. To read more, please visit: https://blog.mymoneymyquotes.com/why-is-tesla-s-car-insurance-expensive/

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Why is Tesla S car insurance expensive?

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Presentation Transcript

  1. Why is Tesla S car insurance expensive?

  2. Tesla S car is an electric luxury car. Tesla S car has the following features: • Safe driving features • Anti-theft protection • Best for driving

  3. Tesla S car insurance is so expensive for drivers in the USA due to following reasons: • The best car:  Tesla S car is best for drivers. Consumers believe that this car is of high quality.  Tesla S car is considered a luxury  car and has a high price tag . 

  4. The Safest car:  According to data gathered by our team, Tesla S cars are the safest cars for drivers.

  5. Theft is minimized :  It is difficult to steal a Tesla S car because this car has anti-theft features.  It is an advanced technology for insurers so they charge high premiums on Tesla S cars.

  6. Exclusive car: Tesla S car’s repair cost is also high. This is the reason for the high premiums on the Tesla S car.

  7. Support: Depending upon warranty and coverage Tesla dealers do maintenance and support at cost or for free.

  8. Entry-level supercar: The new model of Tesla with “Ludicrous mode” is a supercar because of its high speed.

  9. Made in the USA:  Tesla is an American brand. They do not outsource their design works to subcontractors like other brands. Such companies outsource their tasks to people with low labor costs. 

  10. Just the beginning:  Tesla offered different models of Tesla which are Roadster,  Sedan, SUV etc. Customers find that these cars are best and their price is expensive.

  11. Future innovation: Insurance companies concentrate on the past. But electric cars are representing the technology of the future. Insurance companies need to think about the future because electric cars are more advanced and safer for drivers than fuel cars.

  12. THANK YOU

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