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Tesla is bringing back the Roadster in 2020 as a performance car, so expect steep insurance costs for this sporty electric ride. The Roadster may bring a premium similar to the McLaren 570S, totaling $583 a month or $6,996 a year, about $5,700 above the national average. With a base price of $200,000, the annual insurance cost-to-base car price ratio would be 3%, below the national average of 4%.
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The 2020 Roadster is keeping its sporty convertible style from previous 2008 to 2012 models. But it’s slated for higher speeds and a convertible glass roof, making it more risky to insure. Other characteristics of this car:
Tesla hasn’t released many details on this new car, but it’s likely to have all the same features as previous models, which could help you save with car insurance discounts.
The Roadster ticks all the boxes for an expensive insurance premium, especially with a high MSRP and specialty parts that make repairing or replacing more pricey for your insurer. Plus, this car can reach upwards of 250 mph, a speed that could encourage risky driving on the open road.
With a Tesla track record for safety and few recalls or problems on previous Roadsters, you can assume this upcoming car will have a similar reputation.
The upcoming Roadster has features that make it a breezy ride with high insurance, like its convertible top and specialized coverage. Shop a variety of providers to get the best coverage and value, or find out the cost of insuring another car altogether.
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