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Teslas among the most expensive cars to insure in Australia, data reveals
Car Expert

Teslas among the most expensive cars to insure in Australia, data reveals

3:43pm, 9 October 2024 155 words
Executive Summary

AutoExec Summary: A review of nearly 300,000 Australian car insurance quotes by Mozo revealed Tesla as one of the most expensive brands to insure, with an average annual premium of $3,262.52. The study, which analyzed quotes from 33 providers covering 59 car brands, found the average premium to be $1,717. High-end brands like Maserati, Mercedes-AMG, Chevrolet, and Porsche topped the list, with Maserati being the most expensive at $5,232.61. In contrast, budget and defunct brands like Daewoo and Proton were among the cheapest. Surprisingly, Toyota, a popular choice among Australians, ranked above the average premium.

Brands mentioned: Tesla, Maserati, Mercedes-AMG, Chevrolet, Porsche, Daewoo, Proton, Toyota, Volkswagen, Volvo, Ram, Ineos, Range Rover, Infiniti, BMW, Saab, Foton, Great Wall Motors, Daihatsu, Mahindra, Hummer, Citroen, Suzuki, Holden, Chery, Skoda, Subaru, Mitsubishi, Hyundai, SsangYong, Ford, Honda, Mazda, Nissan, Kia, Dodge, Peugeot, Abarth, Isuzu, MG, GWM, BYD, Renault, Genesis, Fiat, Alfa Romeo, Polestar, Mini, Haval, Cupra, Chrysler, LDV, Jeep, HSV, Jaguar, Lexus, Mercedes-Benz, Audi, Land Rover.

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Teslas among the most expensive cars to insure in Australia, data reveals