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- Tesla Model Y Car Insurance
Tesla Model Y Car Insurance
The Tesla Model Y is one of the world's best-selling electric compact SUVs, known for its industry-leading range, minimalist interior, and advanced Autopilot capabilities. Built on a dedicated EV platform with Long Range and Performance (AWD) variants, the car features high-value components and must be secured with the right Tesla Model Y car insurance.
Tesla Model Y Car Insurance Price
Check out the estimated premium for an EV car insurance policy to insure a Tesla Model Y:
| Tesla Model Y Variants (2026 Registration) | Ex-Showroom Prices | Insured Declared Value* (IDV) | Zero-depreciation Price* (Add-on Cover) | Estimated Insurance Price* (1+3 Bundled Policy) |
| Long Range RWD (60 kWH) | ₹59,89,000 | ₹55,94,550 | ₹18,367 | ₹63,236 |
| Long Range RWD (75 kWH) | ₹67,89,000 | ₹64,49,550 | ₹21,174 | ₹69,705 |
Disclaimer: The figures given in the table above are an estimated value for a brand-new car with 0% NCB discount and DL1 as the RTO. The exact costs can vary depending on the RTO, chosen IDV, add-ons selected, and other similar factors.
Tesla Model Y Car Insurance Policy: Inclusions
The following scenarios are covered through a car insurance policy for your Tesla Model Y:
- Covers accidents, fire, and self-ignition of high-voltage systems.
- Protection against floods, earthquakes, and lightning.
- Coverage against total loss due to burglary, riots, theft, or strikes.
- Coverage for legal liabilities toward third parties.
Tesla Model Y Car Insurance Policy: Exclusions
Here are the cases that are not covered under a Tesla Model Y car insurance policy:
- Issues arising from unauthorized software or non-official updates.
- Damage caused by deep discharging the battery for extended periods.
- Damage caused while driving under the influence or without a valid license.
- Wear and tear due to the general aging of the vehicle.
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Tesla Model Y Car Insurance Add-ons
Check out the following car insurance add-ons that can help protect your Tesla Model Y:
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Zero Depreciation
The insurer does not deduct the component of depreciation from the parts specified in your policy while settling an accidental claim.
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Electric Motor Protection Cover
It provides coverage for damage to the electrical motor systems due to water ingress, accidents, and short circuits.
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Return to Invoice (RTI)
This add-on helps you recover the original invoice amount for your vehicle in the event of a total loss due to theft or an accident.
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Consumables Cover
The add-on helps to cover the cost of components that are generally excluded under a standard policy, such as lubricants, coolant, nuts, bolts, screws, filters, etc.
Explore add-ons for your car insurance
How to Buy Tesla Model Y Insurance Online?
You can use the given steps to buy a Tesla Model Y insurance online:
- Step 1: Visit the 'Car Insurance' section of the Policybazaar.com website.
- Step 2: Enter the registration number of your car or select 'Click Here' for a new car.
- Step 3: Select 'Tesla', 'Model Y', and then the variant.
- Step 4: Select the city where your vehicle is registered, your name, and contact details.
- Step 5: Opt for an insurance quote from the options available, and customise it with add-ons.
- Step 6: Click 'Pay Securely', and pay using your preferred mode of payment.
- Step 7: You will get your car insurance policy on your registered email ID.
How to Check Tesla Model Y Car Insurance Status?
You can use the following steps to check car insurance status of your Tesla Model Y:
- Visit Policybazaar.com and go to the 'Check Insurance Status' webpage
- Fill in the required details, such as vehicle registration number and click on submit
- Your Model Y car insurance status will be displayed on the screen
Specifications of Tesla Model Y
The main specifications of the Tesla Model Y are tabulated below.
| Categories | Specifications |
| Battery Pack Options | 60 kWh / 75 kWh |
| Electric Motor Type | Permanent Magnet Synchronous Motor |
| Maximum Power | 60 kWh: 235 bhp 75 kWh: 335 bhp |
| Range (Claimed) | Up to 661 km (WLTP) |
| Transmission | Single-Speed Fixed Gear |
| Seating Capacity | 5 |
| Battery Warranty | 8 years or 192,000 kms (whichever comes earlier) |
Tesla Model Y Features
Here are some of the prominent features of the Tesla Model Y:
Interiors
- Controls for several vehicle functions, including climate, navigation, and entertainment (Netflix, YouTube, Gaming).
- An all-glass expansive roof with UV and infrared protection.
- Ventilated front and rear seats, 12-way power-adjustable front seats, and second-row seats that fold flat.
- The car comes with pre-installed ambient lighting.
- Features an expansive boot space with a storage of over 2,130+ litres.
Exteriors
- 8 cameras, providing wide visibility for Autopilot and Full Self-Driving (FSD) capabilities.
- Built-in security system that monitors surroundings and records footage when the car is parked.
- 19-inch Gemini or 21-inch Uberturbine Wheels, optimized for efficiency or high-performance grip.
FAQs on Tesla Model Y Car Insurance
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Q1. How much does a Tesla Model Y car insurance cost?
Ans: The cost for a Tesla Model Y car insurance policy depends on several aspects, such as the variant, add-ons, IDV, type of coverage, etc. Alternatively, you can also use a car insurance premium calculator to get an estimate of your premium. -
Q2. Does Tesla Model Y car insurance cover the Autopilot hardware?
Ans: Yes, a comprehensive car insurance policy for the Tesla Model Y generally covers the hardware components (cameras and processors) of a vehicle. -
Q3. How to reduce car insurance premium for a Tesla Model Y?
Ans: You can lower the premium cost for the car insurance of a Tesla Model Y by selecting only the necessary add-ons, choosing a justified IDV, etc.
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*Savings are based on the comparison between the highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB. Actual time for transaction may vary subject to additional data requirements and operational processes.
+Savings are based on the maximum discount on own damage premium as offered by our insurer partners.
^Lowest Price Guaranteed is based on certifications shared by insurers with us. Policybazaar will facilitate price matching subject to the terms and conditions of select insurers.
##Claim Assurance Program: Pick-up and drop facility available in 1400+ select network garages. On-ground workshop team available in select workshops. Repair warranty on parts at the sole discretion of insurance companies. Dedicated Claims Manager. 24x7 Claim Assistance.