If you’re in the market for a high-end. Luxury Electric vehicle (EV), insurance rates may not be the first thing on your mind. However, there are a few premium EV sedans with substantial annual rates. For example, Tesla Model S It costs more than twice as much to insure as the Nissan Leaf. Here are the four most expensive EVs to insure, not counting limited-production monsters like the Lotus Aveeja, according to insurance professionals.
- Audi RSE Tron GT
- Tesla Model S Plaid
- Porsche Tycoon Turbo S
- Tesla Model S Long Range
Is the Audi RS e-tron GT one of the most expensive EVs to insure?
The Audi RS e-tron GT is one of the most expensive luxury electric cars to insure. According to insure.com, Audi’s annual national average rate is $4,150. This makes the RS e-tron GT more expensive to insure than the Porsche Panamera Turbo. Still, considering the Audi starts at $143,445, it makes sense that insurance providers would charge a premium for full coverage.
How much does the Tesla Model S Plaid cost?
The Tesla Model S Plaid is one of the fastest luxury EV sedans on the market and is priced accordingly. The Plaid starts at $137,440, currently the second most expensive vehicle in the marque’s lineup. Also, your comic covers fast Tesla is an expensive task. Insure.com says the average national average for a Tesla Model S Plaid is $4,115 a year.
Is the Porsche Taycan Turbo S one of the most expensive EVs to insure?
The Porsche Taycan Turbo S is not as expensive to insure on average as the Audi RS e-tron GT, but it still has one of the most expensive EV insurance rates. Annual coverage for the 911-inspired luxury EV sedan costs an average of $4,028. Still, it’s not as expensive to insure as Porsche’s top-of-the-line internal combustion engine (ICE) sedan, the Panamera Turbo S. Indeed, TrueCar Say the Panamera Turbo S starts at $187,850, which is the same as the Taycan Turbo S’ $186,350.
Which Model S has the longest range?
The Tesla Model S with the longest range is a surprisingly long-range trim. However, like the comparable Plaid, it is expensive to insure. Specifically, insure.com says the national average rate to insure a Tesla Model S Long Range annually is $3,503. That’s a far cry from the Plaid’s $4,115, but then again, you don’t get 1,020 horsepower in the long-range variant.
Of course, the Model S Long Range promises an estimated 405 miles of range on a single charge. That is, if you can stop yourself from driving as fast as you can.
What are the alternatives?
gave Tesla Model 3 If you’re looking to save up for an EV with long-range capabilities, the most expensive sedan can be a promising alternative. First, Insurance.com says annual insurance rates nationwide for the Model 3 Long Range start at about $2,433. Of course, this amount depends on factors such as age, geographic location, driving record and gender. In addition, the Model 3 has a very low initial cost and earns high marks with safety agencies.
Scroll down to the article below to read more about EVs!