Expect to pay $200 to $300 per month or $2,800 to $3,800 annually for your Polestar’s car insurance, depending on which high-dollar model you choose. The Polestar 1 has a triple-digit ticket price, putting it on the highest end for car insurance rates of any car. Filter car insurance companies by your state to get a quote.
Model
Monthly insurance rate
Base car price
Polestar 1
$320
$150,000
Polestar 2
$232
$59,900
Get the cheapest quotes for your Polestar
Enter your zip code to compare providers in your area.
Your information is secure
How to compare insurance for Polestar
Polestar cars focus on luxury and performance, making many of its features more expensive to insure.
MSRP. This brand’s luxury cars come with a higher ticket price than other makes, including one model that costs triple digits. And car value can drive up insurance rates.
Country of manufacture. Not many Swedish manufacturers like Polestar are mainstream in the US, so getting car parts might cost extra for repairs.
Safety features. Polestar uses an impact-absorbing design and advanced driver assistance features to avoid crashes altogether. Consider policies that give lower rates or discounts for driver assistance.
Driving performance. This brand’s models are made with high-powered performance in mind, and that could make premiums more expensive.
Maintenance costs. You can expect to pay more to maintain Polestar models because of its technology and exclusive design. You may need a specialist mechanic for some maintenance.
Theft rates. Theft rates for specialty luxury cars are low, a plus for your insurance company.
Repair costs. Luxury and electric cars both cost more for repairs because of the expertise needed and car part availability.
Electric range. Not all Polestar models get a long range, so consider the cost of charging stations if you plan to travel.
Bottom line
Polestar channels its energy toward luxury electric cars, making its models more expensive to insure than most models on the road. Weigh your luxury car insurance options or consider other car makes if you’re deciding which car to buy.
Frequently asked questions about Polestar
Yes, the Polestar 2 qualifies for the Federal EV Tax Credit, which credits up to $7,500 based on the car’s battery capacity. It also may qualify for state electric vehicle benefits, but this varies by state.
Yes, Polestar expects to produce around 500 Polestar 1s each year. You may be eligible for car insurance that covers limited or collector models.
Sarah George is a personal finance writer at Finder who’s spent the last four years wielding her digital pen on all things banking and insurance. Her know-how has been featured in such publications as CBS, CNET and Reviews.com, and she was a panelist in Finder’s 2020 money-saving webinar. Sarah earned an English education degree and is a Certified Educator in Personal Finance.
Learn how to buy and store crypto with a few checklists to keep in mind.
Feedback
How likely would you be to recommend finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Advertiser Disclosure
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.
Polestar 1